Coinpedia News || Crypto and Fintech News
1.76K subscribers
9.21K photos
110 videos
1 file
10.6K links
Download Telegram
This media is not supported in your browser
VIEW IN TELEGRAM
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.
Top #Cryptonews This Week

1️⃣ Powell Indicated Possible Rate Cut

Jerome #Powell suggested a potential rate cut in September if inflation met criteria.

2️⃣ Bank of England Reduced Rates

The Bank of England cut interest rates to 5% for the first time in over four years.

3️⃣ Bank of Japan Increased Rates
The Bank of Japan raised its policy rate to around 0.25% during its meeting.

4️⃣ Trump Proposed Bitcoin Changes
#DonaldTrump vowed to fire #Gensler, establish a #Bitcoin reserve, and support #crypto innovations.

5️⃣ Harris Campaign Reached Out to Crypto Leaders

#KamalaHarris’s team engaged with crypto figures to shape future regulatory frameworks.

6️⃣ Senators Proposed Bitcoin Purchase Plan
Senator #CynthiaLummis introduced a plan to buy 1 million bitcoins over five years.

7️⃣ Vitalik Outlined Ethereum’s Future
#VitalikButerin emphasized building apps and proposed innovative ideas at EDCON2024.

8️⃣ Musk Denied Crypto Promotion Intent

#ElonMusk stated he had no intention to promote cryptocurrencies, clarifying any mentions were jokes.

9️⃣ Snowden Warned on Bitcoin Privacy
Edward Snowden highlighted Bitcoin’s traceability and urged improved privacy measures.

🔟 MicroStrategy Reported Loss, Increased BTC Holdings
#MicroStrategy reported a $102.6 million loss but increased Bitcoin holdings to 226,500 BTC.
BREAKING: Fox News Reports Trump to Debate Harris on September 4

🔵The debate will be held in Pennsylvania, but the exact location is yet to be decided. The news was reported by Fox News.Trump announced the debate on Truth Social.

#USElections2024 #DonalodTrump #kamalaharris #crypto