{"id":18440,"date":"2024-11-06T16:24:36","date_gmt":"2024-11-06T16:24:36","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=18440"},"modified":"2024-11-06T16:24:36","modified_gmt":"2024-11-06T16:24:36","slug":"donald-trump-just-changed-everything-for-crypto-after-new-bitcoin-all-time-high","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=18440","title":{"rendered":"Donald Trump Just Changed Everything For Crypto After New Bitcoin All Time High"},"content":{"rendered":"

So the news is out: Donald Trump is Michael Myers, and we just got a new Bitcoin all time<\/span>\u00a0high. When you think Trump is gone<\/a>, he keeps coming back.<\/span><\/p>\n

Two assassination attempts, a <\/span>memec oin<\/span><\/a>, <\/span>FBI raids<\/span>, and Elon doing <\/span>jumping jacks<\/span><\/a>, and Trump is now the first president to serve non-consecutive terms since Grover Cleaveland.\u00a0<\/span><\/p>\n

In our 99Bitcoins election coverage<\/a>, we reveal what to look forward to in Trump\u2019s January economic plan.<\/span><\/p>\n

* HARRIS WILL DELIVER HER CONCESSION SPEECH AROUND 6 PM ET (2300 GMT) \u2013 SOURCES@reuters<\/a><\/p>\n

\u2014 Carl Quintanilla (@carlquintanilla) November 6, 2024<\/a><\/p>\n\n

While Kamala could have been better on the economy than old <\/span>Joe<\/span> or <\/span>Obama<\/span>, <\/span>most experts and Americans agreed<\/span> that Trump is a businessman\u2019s forte in this area.<\/span><\/p>\n

It\u2019s why stocks and crypto are <\/span>pumping at the moment, with Bitcoin <\/span><\/p>\n

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at an all-time high. This pump could bring us $100k in\u00a0Bitcoin before Christmas.<\/span><\/p>\n

So, what\u2019s Trump\u2019s next move for the economy? <\/span>Let\u2019s get into it.<\/span><\/p>\n

I<\/span>s Trump The Best Pro-Crypto Presidential Candidate? (Bitcoin All Time High)<\/h2>\n
<\/div>\n

At Bitcoin<\/span> Nashville for the Bitcoin Conference 2024, Trump made several promises to the crypto community.<\/span><\/p>\n

While parts of his speech were dark, like <\/span>Emperor Palpatine from Star Wars<\/span>, Trump changed everything for crypto and digital assets.\u00a0 Here\u2019s what he said he\u2019d do:<\/span><\/p>\n

Fire SEC Chair<\/a> Gary Gensler<\/span>
\nCreate a Strategic BTC Stockpile (aka never sell the current US Bitcoin stack)<\/span>
\nCreate a Crypto task force, ending antagonistic regulations against crypto within 100 days.<\/span>
\nStop <\/span>Operation Choke Point<\/span><\/a> that was under Joe Biden<\/span>
\nAnd he <\/span>won\u2019t tax your capital gains 50%<\/a> like the Biden-Harris administration<\/span><\/p>\n

Imagine traveling back to 2010 and telling the co-creator of Bitcoin Hal Finney that the same guy from <\/span>Home Alone 2<\/span> would create a Strategic Bitcoin Reserve.\u00a0<\/span><\/p>\n

As Trump put it, \u201cThe reason I\u2019m into Bitcoin is two words: America First. We want places like China to be successful with Bitcoin, but we want America to be the most successful.\u201d\u00a0<\/span><\/p>\n

DISCOVER:\u00a0Best New Cryptocurrencies to Invest in 2024 \u2013 Top New Crypto Coins<\/a><\/strong><\/p>\n

Other Things Going Into Trump\u2019s New Economic Plans<\/strong><\/h2>\n

Here are some other new policies in Trump\u2019s economic plan, which he revealed in a speech at the <\/span>Economic Club of New York<\/span><\/a>.<\/span><\/p>\n

The first and most salient would be an end to sanctions.<\/span><\/p>\n

While the Biden-Harris administration saw Russia as anathema, Trump has pledged to end sanctions and seek options <\/span>for peace to end the Ukraine war<\/span><\/a>.<\/span><\/p>\n

According to Trump,<\/span> Russia, China, and North Korea<\/span> will not be enemies.<\/span><\/p>\n

JUST IN: China says it hopes for a “peaceful coexistence” with the United States. <\/p>\n

“We respect the choice of the American people.” pic.twitter.com\/3UqdOD6a15<\/a><\/p>\n

\u2014 BRICS News (@BRICSinfo) November 6, 2024<\/a><\/p>\n\n

However, Trump <\/span>added that tariffs would play a crucial role <\/span>in his foreign policy as they did in 2016. Here\u2019s Trump at the Economic Club of New York.<\/span><\/p>\n

Another centerpiece of the proposal was to create a \u201c<\/span>Department of Government Efficiency Commission,<\/a>\u201d aka DOGE, and use this group to look for ways to reduce wasteful spending.<\/span>\u00a0Trump said he got the idea from Tesla CEO and Dogefather Elon Musk and would ask him to head the commission.\u00a0\u00a0<\/span><\/p>\n

Elon reportedly wants to fire 80% of the Federal Government, or about 3 million people, which is a wild number. We might be looking at Twitter 2.0.<\/span><\/p>\n

Let that sink in pic.twitter.com\/XvYFtDrhRm<\/a><\/p>\n

\u2014 Elon Musk (@elonmusk) November 6, 2024<\/a><\/p>\n\n

Another of Trump\u2019s plans was to eliminate spending on the \u201cGreen New Deal,\u201d a Democratic-led plan against climate change. Trump also vowed to increase US oil production.<\/span><\/p>\n

Lastly, Trump said he would keep in place<\/span> tax cuts that are set to expire in 2025<\/span><\/a>.\u00a0<\/span><\/p>\n

Watch our election coverage here if you want to learn about ALL of Trump\u2019s economic policies.<\/p>\n

Donald Trump Just Changed Everything For Crypto!<\/strong><\/a><\/p>\n

EXPLORE<\/span><\/strong>:\u00a0<\/span>20 New Crypto Coins to Invest in 2024<\/span><\/a><\/strong><\/p>\n

Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/p>\n

The post Donald Trump Just Changed Everything For Crypto After New Bitcoin All Time High<\/a> appeared first on <\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

So the news is out: Donald Trump is Michael Myers, and we just got a new Bitcoin all time\u00a0high. When you think Trump is gone, he keeps coming back. Two assassination attempts, a memec oin, FBI raids, and Elon doing jumping jacks, and Trump is now the first president to serve non-consecutive terms since Grover […]<\/p>\n","protected":false},"author":0,"featured_media":18441,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-18440","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/18440"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18440"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/18440\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/18441"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}