XRP Traders Dey Look for Possible Money Gain Amidst Trump Tax Reform Talk and US Spot ETF Approvals Wey Never Come Out
Talks wey dey waka say former President Donald Trump dey plan tax reform by 2025, wey fit comot federal income tax for pipo wey no dey earn up to $200,000, don ginger di crypto market, especially for XRP. Dis plan fit make up to 90% of Americans get more money to spend, wey fit push retail pipo to invest more for cryptocurrencies. Wetin still dey ginger am na say pipo dey look forward to like seven spot XRP ETF applications wey still dey wait for government approval for US from big companies like Bitwise, Grayscale, 21Shares Core, Canary Capital, WisdomTree, CoinShares, and Franklin Templeton. Dem expect say ETF approval go make institutions trust am more and make am easy for more pipo to access XRP market. Popular analysts, like Amonyx and ‘All Things XRP,’ don talk about di good things about di asset – like small fees and fast settlement – plus di clear rules wey dem give recently as good signs. Even though some price predictions just be guess, dem advise traders to watch these developments well-well, because di combination of tax reforms and ETF launches fit seriously affect how XRP dey liquid, how di price dey go, and how much dem dey trade am, for both short and long time.
Bullish
As US gofment dey plan to remove federal income tax for most Americans, and as everybody dey wait for dem to approve plenty spot XRP ETFs, dis two tins fit bring plenty new money enter di crypto market, especially for XRP. If pipo get more money to spend, dem go fit show more interest for crypto. And if dem approve di ETFs, e go make big big companies trust XRP more and make am easy for everibody to buy. Analysts sabi say dis kain big changes for gofment policy and rules na strong sign say di price and how many pipo dey trade go increase well well for short and long run, if only di planned changes and ETF launches fit happen.