US Crypto Tax Exemption: A Game Changer for XRP, HBAR, and DTX

The US administration is considering a policy that could exempt US-based cryptocurrencies from profit taxes, potentially driving global investment towards these digital assets. This move, part of President Trump's strategy to make the US the global crypto hub, could significantly impact the prices of certain cryptocurrencies.

Ripple (XRP), Hedera (HBAR), and DTX, an emerging altcoin, are among the cryptocurrencies that could benefit from this policy. If implemented, these assets would become tax-free in terms of capital gains, attracting global investors and potentially boosting their prices.

Ripple (XRP) is currently trading at $2.96, with a bullish trendline support. It has faced resistance at $3.4 and is primed for a potential correction. The XRP price needs to overcome bearish pressures and sell signals to avoid a downturn and retest the $3.4 resistance level. The ongoing SEC case against Ripple is also influencing the XRP price, with the crypto community hoping for a resolution in Ripple's favor.

Hedera (HBAR) could gain a distinct advantage in institutional adoption if it becomes tax-exempt while non-US-based cryptocurrencies remain taxed. With its regulatory advantages and unique ecosystem, Hedera (HBAR) is more likely to be included in the US strategic reserves of digital assets. Currently trading at $0.31, Hedera (HBAR) has seen a 38% rally earlier this month and has reached record levels of Open Interest, fueling optimism among traders.

DTX Exchange, a hybrid trading platform, is experiencing remarkable momentum as its token gains traction in the crypto market. In the eighth stage of its presale, the DTX token is priced at $0.16 and has already amassed nearly $13M in funding. The DTX token is anticipated to reach $0.2 once listed on major exchanges like Binance and Coinbase. DTX Exchange aims to revolutionize trading by offering users the ability to trade over 100,000 currency pairs, including gold, stocks, bonds, forex, and crypto derivatives, all in one place.