Trump, Crypto and Bitcoin
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Trump, Jerome Powell
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Coinbase and Robinhood are among the leading trading platforms listing cryptocurrencies. The Coinbase (Nasdaq: COIN) stock hit an all-time high (ATH) of $444.64 within a few minutes of the market opening hours on July 18. The stock has been hitting record highs of late, thanks to the progress on key crypto bills in the U.S. Congress.
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Thirteen Republicans voted against a motion to advance three pro-crypto bills, 12 of whom Trump said would now vote differently.
David Bailey, a central figure behind US President Donald Trump’s recent embrace of cryptocurrencies, has turned his hedge fund into one of the biggest winners of the post-Trump crypto surge. Bailey’s 210k Capital posted a net return of 640% in the 12 months through June,
The Trump administration is actively exploring a de minimis tax exemption for Bitcoin transactions to eliminate barriers to everyday Bitcoin and crypto use,
When Bitcoin broke into the public consciousness in 2013, the idea behind it quickly captured people’s imagination: a digital currency for instant, anonymous payments that dispenses with the need for a bank.
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Cryptopolitan on MSNTrump administration is looking into a de minimis tax exemption for Bitcoin transactions under $600White House Press Secretary Karoline Leavitt said the Trump administration is looking into a de minimis tax exemption for Bitcoin transactions under $600. This is to make it easier for Americans to use Bitcoin and other cryptos on a day-to-day basis.
Bitcoin has fallen below the $117,000 level on Tuesday after cryptocurrency-related bills were blocked in the House of Representatives.
A key architect of the lobbying campaign that turned Donald Trump into crypto’s most powerful advocate has made a wildly lucrative bet on one of the industry’s frothiest corners. David Bailey’s hedge fund 210k Capital posted a net return of 640% in the 12 months through June after investing in about a dozen companies that turned themselves into Bitcoin buyers,
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Cryptopolitan on MSNBitcoin fell to $115,222 after three major crypto bills backed by Trump were blocked in the HouseBitcoin nosedived to $115,222 on Tuesday, dropping 4% in just minutes, after three key crypto bills tied to Donald Trump were blocked in the House of Representatives. The bills collapsed during a procedural vote that saw 13 Republicans break ranks and join Democrats to stop the motion,
KEY TAKEAWAYS Ether, the second largest cryptocurrency after Bitcoin, continued to surge Friday after the House of Representatives approved three crypto-friendly bills that could give digital assets increased legitimacy.