Pumptoober
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Trump’s Bold Move to Overhaul Crypto Regulations – Could This Be the Crypto Boom We’ve Been Waiting For?
Former U.S. President Donald Trump has indicated that if reelected, he plans to overhaul current crypto regulations in the U.S., making it a crypto-friendly nation. Trump has openly criticized the Securities and Exchange Commission (SEC) under the leadership of Gary Gensler, accusing the agency of being overly hostile toward the crypto industry. He has pledged to remove Gensler and install crypto-friendly regulators, signaling a significant shift from the current regulatory approach.
Trump's platform emphasizes deregulation, aiming to eliminate "burdensome" rules that he believes stifle innovation. This could lead to a more favorable environment for the growth of cryptocurrencies in the U.S., potentially positioning it as a global leader in the crypto space. However, there are concerns about the risks of deregulation without adequate investor protection.
While Trump's support for crypto may boost the industry, it raises questions about the broader economic impact, especially given his past inflationary policies and commitment to lowering taxes without reducing public spending. These measures could have significant consequences for the U.S. economy and its financial markets.
Stay tuned for more updates, and comment down your views on this👍
#TrumpCrypto #Debate2024 #uselections #cryptoupdates2024 #Pumptoober
Former U.S. President Donald Trump has indicated that if reelected, he plans to overhaul current crypto regulations in the U.S., making it a crypto-friendly nation. Trump has openly criticized the Securities and Exchange Commission (SEC) under the leadership of Gary Gensler, accusing the agency of being overly hostile toward the crypto industry. He has pledged to remove Gensler and install crypto-friendly regulators, signaling a significant shift from the current regulatory approach.
Trump's platform emphasizes deregulation, aiming to eliminate "burdensome" rules that he believes stifle innovation. This could lead to a more favorable environment for the growth of cryptocurrencies in the U.S., potentially positioning it as a global leader in the crypto space. However, there are concerns about the risks of deregulation without adequate investor protection.
While Trump's support for crypto may boost the industry, it raises questions about the broader economic impact, especially given his past inflationary policies and commitment to lowering taxes without reducing public spending. These measures could have significant consequences for the U.S. economy and its financial markets.
Stay tuned for more updates, and comment down your views on this👍
#TrumpCrypto #Debate2024 #uselections #cryptoupdates2024 #Pumptoober
#Bitcoin hourly Chart Analysis
As of now, $BTC is moving in the right direction and after rejecting the $35k resistance, it is heading towards its oldest strong support at $33.3k today in the last day of #Pumptoober ...
So, will it really break the support of $33k, or will it stop at $33.8k? Well, there is full expectation of a #Dump_Pump on the last day of October.
As well, let's see,
What's will Whaler's & Manipulator's planning to book monthly profits, where Pumptoober will close out...!
Always, #DYOR🟢 & Trade by using #StopLoss
As of now, $BTC is moving in the right direction and after rejecting the $35k resistance, it is heading towards its oldest strong support at $33.3k today in the last day of #Pumptoober ...
So, will it really break the support of $33k, or will it stop at $33.8k? Well, there is full expectation of a #Dump_Pump on the last day of October.
As well, let's see,
What's will Whaler's & Manipulator's planning to book monthly profits, where Pumptoober will close out...!
Always, #DYOR🟢 & Trade by using #StopLoss
LIVEAskToRahulSingh
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#BITCOIN 1hr. Chart Analysis
As per present scenario, after reached out $35.9k in last week, $BTC lower support already one of the previous one is $33.3k that was never broke down in previous times to much easily as well not this time too, but its also never break-out $35.2k Resistance mark very easily soon and previously many times too...
So, its the exact scenario here again in October month end arrival soon, either it breaks their resistance of $35.2k this time, but if it rejects from their then may be other chances to try-out to break lower-low support of $33.3k again final time too...
Lets, see what's the market and whalers mood of October ( #Pumptober ) month end, Just wait n watch... ✔️🙏
but,
always #DYOR before investing in Crypto & Trade by using #StopLoss .it's #NFA
As per present scenario, after reached out $35.9k in last week, $BTC lower support already one of the previous one is $33.3k that was never broke down in previous times to much easily as well not this time too, but its also never break-out $35.2k Resistance mark very easily soon and previously many times too...
So, its the exact scenario here again in October month end arrival soon, either it breaks their resistance of $35.2k this time, but if it rejects from their then may be other chances to try-out to break lower-low support of $33.3k again final time too...
Lets, see what's the market and whalers mood of October ( #Pumptober ) month end, Just wait n watch... ✔️🙏
but,
always #DYOR before investing in Crypto & Trade by using #StopLoss .it's #NFA