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Trump’s Bold Plan: Tax-Free Gains for $ADA, $XRP, & $HBAR

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  • President Trump plans to eliminate capital gains taxes on U.S. cryptocurrency companies, potentially making American crypto assets more attractive to investors.
  • The proposal aims to mandate U.S. registration for cryptocurrency companies and provide tax incentives to establish America as a crypto innovation leader.
  • Critics argue that tying cryptocurrencies to a specific nation contradicts the fundamental principle of decentralization in digital currencies.

President Trump is all set to proceed with his ambitious plan to eliminate all capital gains taxes on cryptocurrencies issued by U.S. companies. The initiative, confirmed by Eric Trump, seeks to solidify American dominance by making crypto tax-free for US citizens holding assets such as ADA, ALGO, XRP, and HBAR.

According to Fox News correspondent Eric Shawn, this proposal might be ambitious but might put non-American cryptocurrencies at a significant disadvantage, with a potential 37% tax burden on gains. The legislation seeks to mandate cryptocurrency companies to be registered as entities in the United States prior to issuing their assets. However, companies currently holding crypto assets will reportedly be given an opportunity to relocate their operations to the US.

Sources highlight that the initiative is part of a broader strategy of the Trump administration to establish the United States as the global leader in cryptocurrency innovation. By incentivizing the creation and trading of “Made in America” digital currencies, the administration aims to position the U.S. as the crypto capital of the world.

“This would reshape the crypto market entirely,” said an insider. “For American investors, it makes the decision clear—investing in U.S.-issued cryptocurrencies would become far more advantageous without the tax burden of up to 37%.”

Trump’s Crypto Tax Plan Might Undermine Decentralization Ethos

Proponents of the bill believe that the policy is expected to boost the demand for American cryptocurrencies, drawing investment and talent to the country’s blockchain ecosystem. This, in return, can transform the U.S. into a powerhouse for blockchain and cryptocurrency development.

Trump
Trump’s Bold Plan: Tax-Free Gains for $ADA, $XRP, & $HBAR 2

Some believe that the concept of an ‘American cryptocurrency’ is contradictory as a truly decentralized cryptocurrency cannot be tied to a specific nation. They argue that if a cryptocurrency is centralized, it undermines its core principle of decentralization.

For now, the crypto community and global markets are closely watching as the proposal unfolds, with significant implications for the future of the industry.

HBAR to the Moon: Is $100 the Next Target?

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  • Hedera Hashgraph, backed by tech titans like Google, IBM, and Boeing, is poised to revolutionize digital assets.
  • With a target market cap of $5 trillion, Hedera aims to capture a significant portion of the global stock and derivatives markets.
  • Hedera’s focus on real-world use cases like tokenized assets and supply chain management drives demand for its native token, $HBAR.

Hedera Hashgraph and its native token HBAR are heating the cryptocurrency market. With the backing of industry giants like Google, IBM, and Boeing, market experts bank on its potential to revolutionize the landscape of digital asset interactions. Especially $HBAR’s possibility of hitting $100.

While it may seem far-fetched, market analyst believes $100 price target for $HBAR is feasible based on math, market cap, and real-world utility. To achieve this, Hedera would need a market capitalization of approximately $5 trillion. For this, lets consider the following.

First and foremost, Hedera’s massive potential is driven by the global market, including the $110 trillion worth stock market and the even larger derivatives market. Secondly, its mission to become the decentralized network for tokenized economies positions it to capture a significant portion of these markets.

Next is the platform’s focus on real-world applications, such as tokenized assets, supply chain management, and decentralized finance, which can drive substantial demand for $HBAR. Lastly, the support of Google, IBM, and Boeing adds credibility to Hedera and its token.

HBAR has Blue-Chip Credibility

Unlike meme coins, $HBAR has blue-chip credibility whose governing council includes those above mentioned industry giants. If Hedera captures even a slice of the industries represented by its council members, the impact on $HBAR demand would be massive.

HBAR
HBAR to the Moon: Is $100 the Next Target? 4

While the path to $100 seems like a lofty goal, Hedera must focus on expanding its ecosystem and attracting developers and businesses to build on its platform. Ensure scalability meaning the network should be able to handle increasing transaction volumes.

“Global adoption: At 10,000 TPS, Hedera can handle billions of daily transactions. •Network fees: Even at $0.001 per transaction, adoption on this scale results in enormous demand for $HBAR.”

Although a $100 price target may seem ambitious, Hedera’s strong fundamentals, innovative technology, and institutional backing make it a compelling investment opportunity for those who believe in the future of decentralized finance.

Hedera Hashgraph’s HBAR Surges 1000%: A New Era Dawns

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  • Hedera’s HBAR token has surged over 1000% in recent weeks, with analysts predicting further price increases.
  • Hedera’s new privacy layer, led by Dr. Leemon Baird, will enhance data security and privacy for various industries.
  • A significant performance upgrade will boost Hedera’s transaction speed to 500,000 TPS, making it one of the fastest blockchains.

Hedera Hashgraph’s native token HBAR, has gained traction for its remarkable resurgence in recent weeks. As per onchain data, the token has wiped out over 1000 days of downtrend in just four weeks. This surge in momentum has sparked renewed interest in the project and its native token.

As the bull market continues, analysts have set an ambitious price target of $5 for HBAR. However, if the market peaks in April 2025, a more conservative target of $2.50 is anticipated. Apart from the bullish price forcast, the he enterprise-grade public ledger is preparing for major announcements including a revolutionary privacy layer and performance upgrade.

Hedera’s position in the blockchain space is further strengthened by the announcement of a revolutionary new privacy layer. This groundbreaking development, led by HBAR inventor Dr. Leemon Baird, will empower users to run private instances of the Hedera network while maintaining interoperability with the public network. This technology has the potential to revolutionize various industries, including finance, supply chain, and healthcare.

Hbar
Hedera Hashgraph's HBAR Surges 1000%: A New Era Dawns 6

HBAR: Hedera’s Speed Boost

In addition to the privacy layer, Hedera is gearing up for a major performance upgrade, which is expected to significantly increase the network’s transaction throughput from 10,000 to 500,000 transactions per second (TPS). This would make Hedera the fastest blockchain network in the world.

For those new, Hedera is govеrnеd by а council of mаjor orgаnizаtions, еnsuring rеliаblе dеcision-mаking аnd tokеn distribution. HBAR sеrvеs аs а utility tokеn for dеcеntrаlizеd аpplicаtions, trаnsаctions, аnd govеrnаncе within thе nеtwork.

Hedera’s robust foundation, along with its cutting-edge technology and growing ecosystem, positions it as a formidable player in the blockchain space. As the project continues to deliver on its promises, HBAR’s price could see further significant gains.

Hedera (HBAR) Skyrockets 12% with Trading Volume Boom: Analysts Predict 192% Rally

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  • Hedera (HBAR) rеаchеd $0.1808, hitting а two-yеаr pеаk supportеd by strong trаding volumе.
  • Tеchnicаl indicаtors show а “goldеn cross,” with аnаlysts projеcting а potеntiаl rаlly to $0.504.
  • Hеdеrа’s pаrtnеrships with Ripplе аnd FеdNow, аlong with ETF proposаl, boost аdoption аnd invеstor confidеncе.

Thе pricе of Hedera (HBAR) hаs аttrаctеd significаnt аttеntion, rеаching а two-yеаr high of $0.1808 on Novеmbеr 29. As of now, thе cryptocurrеncy is trаding аt $0.17, rеflеcting а 12.87% incrеаsе in thе pаst 24 hours. This pricе movеmеnt hаs bееn аccompаniеd by а surgе in trаding volumе, which rosе by 223%, rеаching $1.65 billion. Additionаlly, HBAR’s mаrkеt cаpitаlizаtion hаs climbеd to $6.64 billion.

HBAR 1D graph coinmarketcap
Source: CoinMarketCap

Anаlysts аttributе this upwаrd movеmеnt to robust tеchnicаl indicаtors. On thе prеvious dаy, HBAR surgеd by 25%, brеаking through both its 50-dаy аnd 200-dаy simplе moving аvеrаgеs (SMAs). Thе 50-dаy SMA is now positionеd аt $0.0777, whilе thе 200-dаy SMA is slightly lowеr аt $0.0718. Thеsе lеvеls form а “goldеn cross,” а clаssic bullish signаl for continuеd growth.

Analysts Bullish on HBAR Rally

Thе Rеlаtivе Strеngth Indеx (RSI) for HBAR hаs surgеd to 76.33, signаling hеightеnеd buying intеrеst. Howеvеr, thе rеаding, nеаring thе ovеrbought thrеshold of 80, hints аt thе possibility of profit-tаking аmong trаdеrs. Dеspitе this, аnаlysts rеmаin optimistic. Javon Marks, а notеd mаrkеt obsеrvеr, hаs projеctеd а potеntiаl rаlly to $0.504, rеprеsеnting а stаggеring 192% incrеаsе from thе pricе of $0.172.

Xpost 1 5
Source: Javon Marks

Thе risе in trаding аctivity undеrscorеs growing invеstor confidеncе. HBAR’s opеn intеrеst hаs incrеаsеd by 27.76%, rеаching $187.30 million. This mеtric, combinеd with its trаding volumе surgе, rеflеcts frеsh cаpitаl еntеring thе mаrkеt, potеntiаlly sustаining furthеr pricе gаins.

Ripple Partnership Boosts HBAR Adoption

Hedera’s growing rolе in blockchаin-bаsеd fеdеrаl pаymеnt systеms is а mаjor fаctor bеhind its pricе risе. Thе cryptocurrеncy is cruciаl in thе Fеdеrаl Rеsеrvе’s FеdNow plаtform through Dropp, which аllows fаst аnd sеcurе trаnsаctions. 

Additionаlly, Hеdеrа’s pаrtnеrship with Ripple (XRP) to hаndlе USD trаnsаctions mаy improvе how thе two systеms work togеthеr. Ripplе’s еxpеctеd аpprovаl for thе RLUSD stаblеcoin in Dеcеmbеr 2024 could boost HBAR’s usе in thе pаymеnt world.

In аnothеr dеvеlopmеnt, Canary Capital hаs submittеd а proposаl for а Hеdеrа еxchаngе-trаdеd fund (ETF) to thе U.S. Anаlysts bеliеvе аpprovаl mаy bе morе likеly аftеr SEC Chаirmаn Gаry Gеnslеr stеps down, еspеciаlly undеr а potеntiаl Trump аdministrаtion. If аpprovеd, this ETF could givе institutionаl invеstors еаsiеr аccеss to HBAR, likеly pushing its mаrkеt momеntum еvеn furthеr.

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HBAR’s Ideal Rally: Crypto Analyst Explains Key Market Dynamics

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CrediBULL, the famous cryptocurrency analyst, pointed out the general misperception regarding open interest (OI) and its price action in cryptocurrency market, mainly in Hedera (HBAR). In a recent X post, the analyst was intended to provide clarity on perpetual misunderstandings that he espy concerning market dynamics.

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CrediBULL particularly disproved the widely held notion of “open interest which always increases with every price rise” which majority of people consider as a gauge for healthy market movement. He emphasized that in a rising market, sitting out to wait for OI to rise may not be a smart move. For the evidence, he used the examples of the recent price dynamics of HBAR as a case story.

HBAR Market Trends: Surprising Decline In Leveraged Positions

Discussing the market activity of HBAR, CrediBULL noted that the price of HBAR has been rising consistently, with perpetual futures participation being almost non-existent, as per the flat or negative cumulative volume delta (CVD) for perpetual contracts. Surprisingly, although price increased, the OI went down, implying a decline in leveraged positions which are typically interpreted as a step closer to market stabilization and maturation.

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Source: Chart by CrediBULL

CrediBULL categorizes this case as a “totally price driven rally” that he claims is the most preferred type. Spot-driven rallies are mainly the result of actual purchase of cryptocurrencies wherein the spotlight is on speculation rather than leveraged bets. Buyers in such rallies are usually referred to as but more “sticky”- they tend to keep their position for a longer time and are less sensitive to short-term price movements than leverage users.

Further, the analyst pinpointed that spot buyers do not suffer from such risks as perpetual buyers, which are, in particular, forced liquidations that can accentuate market volatility in bear markets. Such differentiation between spot-driven and perpetual-driven rallies provides understanding as to the nature of the cryptocurrencies markets and the different impacts of market participation types on the price stability and market health.

Analyst’s comprehensive report is the educational tool for traders and followers of the market. The aim is to debunk myths and explain what defines a healthy and sustainable rally in price in the crypto space. His comments suggest that the further investigation of market participation type and its effect on price dynamics is a necessity to anyone who is interested in the cryptocurrency market.

HBAR: Analyst Foresees Potential Bottom And Ascent To $0.20+

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In the fast-paced world of cryptocurrency, CrediBULL – one of the industry’s most seasoned analysts – recently surprised quite a few people with his bold forecasts about Hedera (HBAR). In the recent X post, CrediBULL shared his insights in defining the bottom for HBAR and brought it to the attention of the traders and investors.

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The analysis by CrediBULL concentrated on a curious pattern of LTF sweep into HTF demand. In the opinion of the analyst, this pattern may indicate the emergence of a possible bottom for HBAR which has been fluctuating. The principle behind LTF breathes into HTF demand means that shifts in short-term prices have entered zones of interest on higher timeframes that usually leads to a considerable rebound or rally.

HBAR Poised For Big Comeback

Also according to analysts, if Hedera reclaims its previous range lows, which have served as resistance since the cryptocurrency lost them, it may be on the verge of a big comeback. This also agrees with the analysts’ perspective that Hedera could go up to $0.20 or even more, a figure many in the market are waiting for after the currently bearish trends.

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Source: Chart by CrediBULL

Nevertheless, the road to this possible resurrection is not smooth. Hbar has met resistance at key levels, and the reclaiming of these previous range lows will probably be a pivotal move for the digital currency. It is this critical pivot point that is at the heart of the analyst’s positive forecast and as a result it is an area of closely monitored for both traders and investors.

The analysis contributes to the increasing positivity around HBAR. Favored for its innovatory technology, the currency has been achieving great fluctuation; however, the supporters base seems to be quite solid. The analyst’s prediction indicates a possible turnaround of this base in the near future and the opportunities for huge profits if HBAR is able to solve its current challenges.

CrediBULL’s analysis gives a ray of hope to HBAR fans in an unpredictable market. His emphasis on the LTF sweep into the HTF demand and the possibility of a return back to the higher price points are the guidelines for the traders attempting to deal with the highly volatile world of cryptocurrency trading. All eyes, now, are on the next steps of HBAR as the investors are anxious to see if the bullish forecast of CrediBULL would come true.

Weekly Market Watch: Bitcoin, Ethereum, And Altcoins Navigate Turbulent Waters

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Over the previous week, the world of cryptocurrency experienced minimal volatility. The entire week encountered a decline marked by a less favorable performance of Bitcoin. Meanwhile, Ethereum was traded within a relatively narrow range, showing a modest rebound from the crash observed in the week before.

In addition to the major cryptocurrencies, alternative coins (Altcoins) encountered a notable decrease over the recent week. Nonetheless, as the week drew to a close, they managed to recuperate a portion of the losses. Despite this recovery, a considerable portion of coins continued to display unfavorable trends on both the weekly and daily charts.

Last week, a notable market crash was caused by a report that Elon Musk had reportedly adjusted the valuation of its bitcoin holdings, resulting in a depreciation of approximately $373 million over the past two years.

THORChain (RUNE) is at the top of the list of 70 altcoins experiencing a significant loss in value this week, followed by ApeCoin (APE) and Hedera (HBAR), second and third place, respectively.

THORChain (RUNE) experienced a notable decrease of 14.32% over the course of the past seven days; however, it has been struggling to make a slight recovery, according to the daily chart. As of now, Rune is being traded at $1.42, reflecting a 0.52% decrease within the last 24 hours. 

RUNE 7D graph coinmarketcap 1
Source: CoinMarketcap

Meanwhile, ApeCoin (APE) is also experiencing a significant loss but managed to recover some of its value. Over the past week, APE has experienced a significant decrease of approximately 11.64%. 

Currently, APE is trading at $1.39. In the last 24 hours, the token has experienced a 1.78% decrease, while its trading volume has increased by 37.14% in the same time period.

APE 7D graph coinmarketcap
Source: CoinMarketcap

Additionally, Hedera (HBAR) has also lost significant value due to its weekly performance, with a notable decrease of about 11.32%. As of now, HBAR is trading at $0.05547, with a decline of 3.68% in the last 24 hours.

HBAR 7D graph coinmarketcap 1
Source: CoinMarketcap

Moreover, some popular coins are experiencing losses in weekly charts, including AVAX at 6.83%, FIL at 5.33%, and SOL, with a decrease of 4.65%, according to the data from CoinMarketcap. 

Bitcoin (BTC) & Ethereum (ETH) Weekly Review

In the week that just passed, Bitcoin, the widely recognized digital currency, faced a notable decline as it approached a crucial support point at around $25,400. However, Bitcoin stayed within a limited trading range for the entirety of the week.

BTC 7D graph coinmarketcap 1
Source: CoinMarketcap

Over the previous week, the analytics firm Santiment tweeted that only 5.8% of Bitcoin is presently held on exchanges. This marks the lowest point for the leading cryptocurrency by market capitalization since December 17, 2017. Additionally, a noteworthy number of significant Bitcoin transactions by large holders (whales) at 57.4K per week are persistently observed.

Likewise, Ethereum, a well-known cryptocurrency, encountered a narrow trading range akin to Bitcoin. According to a tweet from Santiment, Ethereum’s network displayed increased activity in terms of large addresses during its descent below $1,650 despite its exceptionally volatile price circumstances. The count of wallets holding between 10 and 10,000 $ETH has rebounded to 355,000, and there has been a notable surge in transactions involving $100,000 or more. 

Moreover, the santiment revealed that more than 35% of the available supply is currently being held by the top 10 addresses on the Ethereum network. This doesn’t imply an abrupt centralization of the second-ranked cryptocurrency, but it does indicate that smaller traders are succumbing to fear, uncertainty, and doubt (FUD) in response to this market dip.

ETH 7D graph coinmarketcap 2
Source: CoinMarketcap

According to CoinMarketCap, Bitcoin is currently trading at $25,917.57, with a 0.44% decrease over the past seven days and a 0.50% decrease in the past 24 hours. On the other hand, ETH is being traded at $1,639.81, experiencing a 0.59% decrease in the past 24 hours and 1.98% over the past seven days.

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Crypto Weekly Recap: Bitcoin & ETH Hold Steady While Altcoins Surge

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Over the­ past week, the cryptocurre­ncy markets experie­nced mostly positive trends. Bitcoin and Ethe­reum stood strong, maintaining their resistance­ levels. In contrast, Altcoins gained mome­ntum, showing significant increases in their we­ekly charts. This indicates the possibility of furthe­r growth.

Among the top 50 cryptocurrencies, some Altcoins featured prominently on the list of weekly gainers, with XDC Network taking the lead, followed by Shiba Inu (SHIB) in second place, and Hedera (HBAR) securing the third position in terms of substantial growth. 

XDC Network has been making a distinct mark in the cryptocurrency market, showing a remarkable 32% surge over the past week and displaying bullish indicators. 

Currently, XDC is trading at $0.07594, showing a notable increase of 14.07% in the last 24 hours. The cryptocurrency reached a peak of $0.08439, demonstrating strong and remarkable performance.

XDC 7D graph coinmarketcap 3
Source: CoinMarketcap

On another note, Shiba Inu (Shib) has been attracting attention as a top weekly performer. Over the past week, SHIB experienced an impressive surge of approximately 14%.

As of now, SHIB is trading at $0.000009379, indicating a robust and noteworthy performance. In the last 24 hours, the token has experienced an 8.14% decrease, while its trading volume has decreased by 45.47%.

SHIB 7D graph coinmarketcap
Source: CoinMarketcap

Additionally, Hedera (HBAR) has also recently gained significant attention, with an above 10% weekly gain. The token’s price has reached a high of $0.05955. Currently trading at $0.05693, the token’s 24-hour trading volume increased by 236.82%. 

HBAR 7D graph coinmarketcap
Source: CoinMarketcap

Moreover, some popular coins are experiencing gains in weekly charts, including Optimism (OP) at 10.15%, OKB at 5.35%, and GALA with an increase of 3.53%, according to the data from CoinMarketcap. 

Bitcoin (BTC) & Ethereum (ETH) Weekly Review

According to a twee­t from Santiment, the activity of Bitcoin’s addresse­s reached its highest point in a span of 3.5 months, spe­cifically in August. This increase in usability, along with notable loss transactions and pre­vailing negative sentime­nt, strongly suggests an increased chance­ of a short-term price rebound for BTC, at the­ very least.

Throughout the pre­vious week, Bitcoin maintained its position ste­adily at 29k, distinguishing itself from the behavior e­xhibited by other cryptocurrencie­s. 

BTC 7D graph coinmarketcap 14
Source: CoinMarketcap

Ethere­um (ETH) retains its uniqueness, trading be­tween the price­ range of $1,820 and $1,830. According to a recent twe­et by Santiment, both Bitcoin and Ethere­um closely align with the moveme­nts of the S&P 500. 

However, the rece­nt appreciation of the dollar over the­ past weeks has historically signaled pote­ntial market pullbacks. It is worth observing for reduce­d correlation as a possible indication for a cryptocurrency marke­t breakout. 

ETH 7D graph coinmarketcap 13
Source: CoinMarketcap

According to CoinMarketCap, Bitcoin is currently trading at $29,039.97, with a 0.37% decrease over the past seven days and a 0.27% decrease in the past 24 hours. On the other hand, ETH is being traded at $1,828.77, experiencing a 0.59% decrease in the past 24 hours and a 1.44% decrease over the past seven days.

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