COINDESK DAILY: Will Trump Make 'American' Crypto Tax Free?

Jan 27, 2025

Rediscover the crypto conversation as Eric Trump suggests eliminating capital gains taxes on 'American' cryptocurrency. Explore how China's AI initiatives influence tech stocks and Bitcoin prices. Dive into the expansion of Virtuals' AI agents in Solana. Exciting developments in the crypto landscape are reshaping the financial world, sparking debates and possibilities that traders need to know about!

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INSIGHT

DeepSeq's Impact

Bitcoin’s price rebounded after news broke about DeepSeq, a Chinese AI firm.
DeepSeq’s hyper-efficient, low-cost model rivals OpenAI, impacting AI token prices.

INSIGHT

Virtuals Expands to Solana

Virtuals is expanding its AI agent launchpad to Solana.
This move aims to boost multi-chain transactions for token-powered AI agents.

ANECDOTE

Trump's Tax Plan

Eric Trump suggested his father would eliminate capital gains taxes on certain cryptocurrencies.
Yat Siu criticizes this plan, suggesting broader tax incentives instead.

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