Bitcoin: AI Sets BTC’s Price If Trump Eliminates Taxes On Crypto
By: watcher guru news|2025/05/14 14:30:06
0
Share
The cryptocurrency market is evolving at a rapid pace, all thanks to President Donald Trump for bringing the market into the mainstream spotlight. Before assuming his official duties as the president of the United States, Trump holistically promoted Bitcoin, displaying his true dedication to the digital asset domain. After taking the oath as the official president of the US, Trump did all he could to bolster the cryptocurrency domain by launching a bitcoin reserve and a crypto reserve for the world to take notice. Now, Senator Cynthia Lummis has urged the US Treasury to implement a tax-free digital asset regimen and to promote the crypto market’s bloom to the fullest. If Trump manages to end taxes on the digital asset domain, will Bitcoin soar and touch new highs? Let’s find out. Also Read: Altcoin Season Heats Up as Coins Rise, USDT DominatesSenator Lummis on Removal of Crypto TaxSource: NBC NewsSenator Cynthia Lummis is again back in mainstream news in a new trending development. Lummis took to X to share a new update, an official post urging the US Treasury to eliminate taxes on crypto companies and corporations. The post also discusses how the US Treasury should abolish taxes on unrealized gains for Bitcoin and crypto for the sector to bloom and promote crypto innovation across the domain. “Our edge in digital finance is at risk if U.S. companies are taxed more than foreign competitors. Berniemoreno & I urged the @USTreasury to lift an unintended tax burden on U.S. digital asset companies. To lead the world in digital assets, we need a level playing field.”Our edge in digital finance is at risk if U.S. companies are taxed more than foreign competitors. @berniemoreno & I urged the @USTreasury to lift an unintended tax burden on U.S. digital asset companies. To lead the world in digital assets, we need a level playing field. pic.twitter.com/V7pwAUqRc4— Senator Cynthia Lummis (@SenLummis) May 13, 2025 This update is crucial in promoting the holistic development of the digital asset domain. In a recent interview, Trump expressed a strong desire to dominate the crypto sector. “I want crypto. I think crypto is important because if we don’t do it, China is going to. It’s new, it’s very popular, it’s very hot... Millions of people want it.”Trump: “I want crypto. I think crypto is important because if we don't do it, China is going to. It’s new, it’s very popular, it’s very hot... Millions of people want it” pic.twitter.com/JpbqIspjKl— unusual_whales (@unusual_whales) May 10, 2025 What Will The Price Of Bitcoin Be if Trump Eliminates Taxes On Crypto? If Trump manages to eliminate taxes on crypto as well as ends up promoting a fair crypto innovation approach, the price of BTC is set to score new price spots for sure. Per ChatGPT, Bitcoin may surge to hit $120K to $150K in a short-term scenario. BTC may surge due to retail FOMO and media frenzy, as well as increased hodling due to the elimination of taxes. Source: ChatGPTIn the medium term (3 to 12 months), BTC may soar to hit $180K to $250K. It may be driven by increased ETF inflows and BTC being viewed as an attractive store of value. Also Read: Amazon Unveils Major Partnership: AMZN Stock Eyes $290 Next
You may also like
Revisiting RWA: Nearly 50,000 people's first on-chain transaction was not Bitcoin, but stock indices and crude oil
The narrative of RWA is not about traditional finance trying to capture crypto users, but rather crypto trying to capture traditional users.
Altcoin Price Outlook 2026: The Rotation Is Coming — Just Not the Way You Think
Bitcoin dominance at 58%, Fear & Greed at 39. If you think altcoin season is dead, you're reading the wrong signals. Here's what the data actually says about what comes next.
Oracle: The Second Battlefield Behind the Prediction Market War
By 2026, the oracle track has essentially evolved from the early "data pipeline" into a "verifiable facts layer" that supports the entire on-chain economy, and prediction markets serve as a magnifying glass to observe the competition in this red ocean.
a16z's key bet: Kalshi's weekly trading volume approaches $3 billion, transitioning from "prediction games" to financial infrastructure, the market begins to price "uncertainty."
The evolution of prediction markets: from niche products to "uncertainty pricing" infrastructure
Morning Report | Galaxy Digital announces Q1 2026 financial report; Liquid completes $18 million Series A financing; Polymarket plans to bring major exchanges to the U.S
Overview of Important Market Events on April 28
From a banned economist to the new CEO of Xinhua: Fu Peng has figured out the second half of traffic
This uproar in the crypto circle appears to be a cultural conflict between a traditional economist and a crypto OG, but looking deeper, it is merely the new fire leveraging Fu Peng's influence in the traditional financial sector to pry open a batch of client funds that were originally difficult to r...
Why Private Credit Became the First True Bridge from TradFi to DeFi
Unveiling the core logic of private credit leading RWA: it is no longer just simple tokenization, but rather a true reshaping of the practical value of asset on-chain through real returns and deep integration with the DeFi ecosystem.
Senior cryptocurrency investor: Blockchain is showing a siphoning effect on capital
Stablecoins are the first real-world assets on the blockchain, but they will not be the last. Every billion dollars in stablecoins generates $12.2 billion in economic activity and $19 million in protocol revenue annually; once capital is on the blockchain, it gains productivity and does not go back.
When traditional crypto derivatives start to subtract: Insights from Hyper Trade's products
Say goodbye to complex contracts, as crypto derivatives begin to "subtract": This article breaks down how Hyper Trade reduces hardcore risk pricing into "second-level multiple-choice questions," reshaping the trading experience for retail investors.
My view on blockchain has changed
In-depth Reflection on the Value of Blockchain Applications and the Time Dimension
Will AI Agents use bank cards? Why can't Agentic Payment avoid stablecoins and blockchain?
Why can't AI agents just swipe bank cards? An article to understand the new tiered payment system: stablecoins and blockchain are becoming the exclusive settlement language and verifiable trust foundation of the "machine economy" era.
Deconstructing 80 mainstream payment institutions and wallets worldwide
A comprehensive analysis of the global top 100 payment companies. Led by Alipay and WeChat, this article provides insights into the business logic and competitive advantages of over 80 top players.
The MiCA Fast Track for Cryptocurrency Licenses: Why OKX and BVNK Choose Malta
Countdown to the EU MiCA Licensing: Why do crypto giants like OKX choose Malta for their "first license"? A deep dive into the CASP license application process, business portfolio logic, and compliance pitfalls guide.
a16z Crypto: Stablecoins are rebuilding the global financial infrastructure
Stablecoins are evolving from cryptocurrency trading tools into a new infrastructure for global finance. They are not only changing cross-border payments but are also driving bank connectivity, corporate finance, foreign exchange liquidity, on-chain credit, and the globalization of the dollar into a...
ENI's RWA ambition: to create an enterprise-level BaaS platform that allows Web2 institutions to "go beyond just asset on-chain."
What are the differences between RWA 1.0 and RWA 2.0?
Morning Report | a16z releases global financial new stack report; Websea's withdrawal channel suspected of running away; Strategy purchased 3,273 bitcoins last week
Overview of Important Market Events on April 27
The most Crypto group of people is becoming the least Crypto
Hong Kong Carnival × Bangkok Money 20/20 Observation Notes
MSTR STRC In-depth Study: The BTC Financing Flywheel Behind the 11.5% Yield
STRC is a well-designed financing tool that transforms fixed income demand into buying pressure for Bitcoin.
Revisiting RWA: Nearly 50,000 people's first on-chain transaction was not Bitcoin, but stock indices and crude oil
The narrative of RWA is not about traditional finance trying to capture crypto users, but rather crypto trying to capture traditional users.
Altcoin Price Outlook 2026: The Rotation Is Coming — Just Not the Way You Think
Bitcoin dominance at 58%, Fear & Greed at 39. If you think altcoin season is dead, you're reading the wrong signals. Here's what the data actually says about what comes next.
Oracle: The Second Battlefield Behind the Prediction Market War
By 2026, the oracle track has essentially evolved from the early "data pipeline" into a "verifiable facts layer" that supports the entire on-chain economy, and prediction markets serve as a magnifying glass to observe the competition in this red ocean.
a16z's key bet: Kalshi's weekly trading volume approaches $3 billion, transitioning from "prediction games" to financial infrastructure, the market begins to price "uncertainty."
The evolution of prediction markets: from niche products to "uncertainty pricing" infrastructure
Morning Report | Galaxy Digital announces Q1 2026 financial report; Liquid completes $18 million Series A financing; Polymarket plans to bring major exchanges to the U.S
Overview of Important Market Events on April 28
From a banned economist to the new CEO of Xinhua: Fu Peng has figured out the second half of traffic
This uproar in the crypto circle appears to be a cultural conflict between a traditional economist and a crypto OG, but looking deeper, it is merely the new fire leveraging Fu Peng's influence in the traditional financial sector to pry open a batch of client funds that were originally difficult to r...
Popular coins
Latest Crypto News
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com