superpower

Bitcoin treasury company Strive director Pierre Rochard stated that Dubai, El Salvador, Thailand, Puerto Rico, Singapore, and Germany (after holding for one year) do not tax Bitcoin, and that the U.S. taxing Bitcoin is "unreasonable."Pierre Rochard described the relevant policies as a poor choice that undermines Trump's proposed "Bitcoin superpower" plan.

According to 4E observations, at the "U.S. Business Forum" held in Miami, U.S. President Trump stated that the United States should fully embrace the cryptocurrency industry and announced the signing of an executive order to "end the federal government's war on crypto assets." He said, "We want to make America the superpower of Bitcoin and the center of global crypto assets." This statement was widely interpreted by the market as a sign that the U.S. regulatory attitude towards digital assets may further ease, pushing crypto policy towards a phase of "industrial competition."JPMorgan's latest report indicates that Bitcoin prices may rise to around $170,000 in the next 6 to 12 months. Analysts believe that the leveraged market has largely completed its de-risking adjustments, and the ratio of open interest in perpetual futures to market capitalization has returned to normal ranges. Meanwhile, rising gold volatility makes Bitcoin more attractive on a risk-adjusted basis, with its relative volatility to gold dropping below 2.0. JPMorgan estimates that Bitcoin's current price is still about $68,000 below its fair value, indicating significant upside potential in the future.At the same time, Ark Invest founder Cathie Wood has lowered her long-term expectations for Bitcoin, citing that the rapid growth of stablecoins may divert some of Bitcoin's value storage function.VanEck's monthly report shows that in October, digital asset treasury continued to net increase its holdings in crypto assets and began exploring more innovative financing models, such as "equity + warrants" structures and debt financing plans.Additionally, Q3 crypto lending reached a record high of $73.6 billion, nearly tripling since the beginning of 2024, indicating a recovery in market liquidity but also raising concerns about leverage risks.4E Commentary: Trump's policy shift and institutional optimism are reshaping the market narrative. If regulatory easing resonates with macro liquidity, the crypto market may welcome a new round of structural trends.

According to CoinDesk, during his speech on the first day of the "American Business Forum" held in Miami, Florida (local time at 1 PM on November 5), Trump called for the United States to embrace crypto assets (virtual currencies) and showcased his ambition to pursue a leadership role in this field.Trump stated, "We gather here in Miami today to embrace a critically important industry. I signed a historic executive order that ended the federal government's war on crypto assets. The crypto industry was once surrounded, but that is no longer the case. Because this is a huge industry, a massive industry. I have many talented individuals and outstanding entrepreneurs around me who are not only engaged in other businesses but are also actively involved in the crypto asset space."Additionally, he said, "Crypto assets can greatly alleviate the burden on the dollar and bring many positive effects, and we are focused on promoting this. We want to make America a superpower in Bitcoin (BTC) and the center of global crypto assets."

ChainCatcher news, Michael Saylor tweeted: "If the U.S. is to become the world's Bitcoin superpower, we must end the unfair taxation of Bitcoin miners."Senator Lummis pointed out that for years miners and stakers have faced double taxation—once when receiving block rewards and once when selling. Both believe that reforming this unfair tax system is crucial to ensuring America's leadership in the global Bitcoin and cryptocurrency space.

ChainCatcher message, the official X account of the White House stated, "The United States will become the Bitcoin superpower in the world. America's golden age has begun!"

ChainCatcher news, according to CNBC, Eric Trump, the second son of incoming President Donald Trump and current Executive Vice President of the Trump Organization, stated that a set of "reasonable" regulatory guidelines could help the United States become a cryptocurrency superpower.In an interview with CNBC's Dan Murphy in Abu Dhabi, Eric Trump mentioned that he has "long been a loyal fan of cryptocurrency," and that his father plans to "make America the global capital of cryptocurrency" upon returning to the White House.Additionally, Eric revealed that Tesla CEO Elon Musk will play a significant role in White House policy-making and praised Musk as a "modern Einstein."

ChainCatcher news, Trump stated during his speech at the 2024 Bitcoin Conference that he will ensure the United States becomes the crypto capital of the world. He is formulating plans to make the U.S. the crypto hub of the planet and a global Bitcoin superpower, hoping that America can lead other countries. If Bitcoin is to go to the moon (meaning a price increase), I hope it will be credited to the United States.