So it appears that the rumor is Trump is going to eliminate capital gains tax on crypto this Friday. I’ll believe it when I see it, but that would be one hell of a gift. If the market can get back to new highs with the states and a strategic reserve buying plan things will get extremely exciting in a hurry.
Would definitely be nice. And justified in my opinion. The market doesn't seem to agree though.
They are going to agree when Trump does it.
People are no longer interested in his words
They want action
That's why an economic imbalance lead to such correction
Demand was low.
It seems all but a done deal at this point. I’m expecting a formal announcement on Friday and then hopefully it can pass the necessary votes to become reality. This along with a nice Bitcoin pump on the establishment of a strategic reserve might be enough to get me to sell some Bitcoin and diversify my portfolio a bit so I can stack harder on the next cycle.