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Trump's Bold Bitcoin Strategy to Tackle $35T US Debt

Source:
@FoxBusiness

🔵
#Trump suggests using #Bitcoin to reduce the $35 trillion U.S. debt.

🔵Plans include establishing a strategic Bitcoin stockpile for future solvency.

🔵Mentioned paying off $35 trillion debt with Bitcoin during a FOX Business interview.

🔵Total
#Bitcoinmarket cap is $1.2 trillion; U.S. holds around $13 billion worth.

🔵
#KamalaHarris's campaign highlighted Trump's Bitcoin remarks without comment.
Key Events This Week

#Crypto #Cryptonews

1️⃣
#Trump & #ElonMusk's interview (August 12th 2024)- Monday- 8:00 PM ET

2️⃣ July
#PPI Inflation data (August 13, 2024) - Tuesday - 8: 30 AM ET

3️⃣ July
#CPI Inflation data(August 14, 2024) - Wednesday- 8:30 AM ET

4️⃣
July Retail Sales data(August 15th, 2024) - Thursday - 12:30AM ET

5️⃣Initial Jobless Claims- USA (August 15th, 2024) - Thursday - 8: 30AM ET
#Trump and #Harris Prediction Market Update

Trump's Odds Increase: Over the weekend, Donald Trump's odds on #Polymarket rose from 44% to 49%.

Harris' Odds Decrease: Kamala Harris' odds on Polymarket dropped from 54% to 50%, making the race nearly even.

Significant Betting Activity: Polymarket users have wagered over $630 million on the presidential outcome and related bets.

Contrasting Polls: While Trump has gained on Polymarket, polls, especially from right-leaning Rasmussen Research, show Harris leading in key battleground states like Michigan and Pennsylvania.

Source: https://polymarket.com/elections
🌟Key Events to Watch in September Month

1️⃣ 06 Sep - US payrolls/Unemployment data.

2️⃣ 10 Sep - Presidential Debate in the U.S. (
#Trump vs #Kamala)

3️⃣ 11 Sep -
#CPI Data Update.

4️⃣ 12 Sep -
#PPI Data Update.

5️⃣ 17-18 Sep -
#FOMC Meeting.

6️⃣ 29 Sep -
#CZ’s release from prison.

#Crypto #cryptocurrency #CryptoNews
🚨ALERT : #TRUMP VS #KAMALA: PRESIDENTIAL DEBATE Today at 21:00 EDT 🚨

Get ready for a historic night!

Kamala faces off against
Trump in their first debate since becoming the Democratic nominee.

Live Stream:
https://abcnews.go.com/Live/

#USElections #Crypto #Cryptonews
🚨 New polls reveal #KamalaHarris leading #DonaldTrump in key swing states! 🎉

In her first public statement on crypto, Harris pledges to support digital assets and AI while ensuring consumer protections. With #Trump also targeting the #crypto vote, who will truly shape the future of this industry? 🤔💰

#USElection2024 #CryptoPolitics
📢 TRUMP LEADS in 2024 Presidential Election Polls! 🚀

Could this be GOOD NEWS for
#Crypto? 🚀

With
Trump's history of supporting crypto, the industry might benefit from:

🔺 More Adoption: More people using cryptocurrency
🔺 Clear Rules: Better regulations for crypto businesses
🔺 U.S. Leadership: A chance for America to lead in the crypto world

Could this be the spark that ignites the next #bullrun? 🤔

#kamala #Trump #USElections
Top #CryptoNews in 24 Hours

1️⃣
#Fidelity confirmed a data breach affecting over 77,000 customers.

2️⃣ SEC Commissioner Mark Uyeda called the agency's
#crypto approach a disaster.

3️⃣
#Ripple plans to file a cross-appeal against the SEC.

4️⃣
#MtGox extended its repayment deadline to October 31, 2025.

5️⃣ Ripple launched a crypto custody service for banks and fintech.

6️⃣
#Trump family's DeFi project, World Liberty Financial, to launch on Aave V3.

7️⃣ Tron founder Justin Sun appointed Prime Minister of Liberland.

8️⃣ South Korea's SEC formed a committee to evaluate Bitcoin and crypto ETFs.

9️⃣ Uniswap Labs launched a new Ethereum Layer-2 network, Unichain.

🔟 SEC accused Cumberland DRW of trading unregistered securities, risking Solana ETFs.

#Crypto #CryptoNews