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Trump’s Budget Ignores Bitcoin 🧾❌

Senator Cynthia Lummis tried (and failed) to include tax relief for miners

Welcome to Crypto Wire — clear, concise, and crypto-smart.

What we’ll cover today:

📜 Trump’s “Big Beautiful Bill” snubbed crypto completely

📉 Bitcoin’s stuck and flashing bearish signs

📈 XRP’s ready to pop with ETF inflows and SEC clarity

Source : Evergreen Action

Donald Trump’s massive budget bill just passed the Senate. But crypto? Totally ghosted. Even though he’s been pro-Bitcoin before.

🚨Breaking News:
Trump’s 1,000+ page budget bill passed with zero mentions of crypto, despite industry lobbying and Senate pushback.

⚡Wire Simplified

  • No mention of crypto, Bitcoin, or Web3 in Trump’s bill

  • Pro-crypto Senator Cynthia Lummis tried (and failed) to include tax relief for miners and small crypto transactions

  • Miners say current tax laws make them pay before they even profit

  • IRS treats crypto rewards as income, then again as capital gains

  • Crypto donated over $190M in the last election. Still ignored

✔️Straight to the Point
Trump’s budget left crypto outside the party again. The industry donated millions, but got crumbs. Maybe next bill?

🎤 Did Trump’s bill snub the crypto community on purpose?

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Bitcoin, the king of crypto, is getting tired. It’s stuck at $108,350 while traders wait to see if it’ll break or bounce.

🚨Breaking News:
Bitcoin is showing bearish signs with weakening momentum, dropping volume, and price stalling under key resistance. Trouble might be brewing.

⚡Wire Simplified

  • Bitcoin’s facing resistance at $108,350 with no strong breakout

  • RSI shows bearish divergence with price up and strength down

  • Volume is low, signaling weak demand

  • If support breaks, BTC could fall to $100,960

  • Reclaiming $108,350 on big volume = bullish again

✔️Straight to the Point
Bitcoin looks tired. If it doesn’t break $108K soon, it could drop hard. Market’s watching… and waiting.

📉 Are you expecting Bitcoin to fall below $101K this week?

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Source : TronWeekly

Ripple’s XRP is looking spicy again. Its price is stuck in a tight range, but with an ETF boom and regulation wins, it might pop.

🚨Breaking News:
XRP is near a bullish breakout as its leveraged ETF hits $158M AUM. Plus, Ripple’s SEC case is finally over.

⚡Wire Simplified

  • XRP is in a bullish triangle pattern near $2.20

  • XXRP ETF saw record $33M inflows last week

  • Total assets in the fund crossed $158M despite high fees (1.89%)

  • SEC case with Ripple is done, more partnerships ahead

  • New law (GENIUS Act) could boost Ripple’s stablecoin RLUSD

✔️Straight to the Point
XRP’s setup looks strong. If the stars align, we could see a breakout toward $3.8. Keep your eyes peeled.

What do you think about today’s edition?

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Disclaimer:

This newsletter is for educational purposes and not intended as financial advice. Make your own investment decisions based on thorough research. Stay informed and cautious in the ever-changing crypto market.

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