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Berachain (BERA) faces intense selling pressure, with its price down 27% in a week. A break below $6.07 could trigger further declines, while a rally to $7.36 remains possible if demand strengthens.
Could Bitcoin secure America’s financial future? Michael Saylor’s bold plan outlines how the US could generate $81 trillion by 2045.
Quick Take This is an excerpt from the 23rd edition of The Funding sent to our subscribers on March 9. The Funding is a fortnightly newsletter written by Yogita Khatri, The Block’s longest-serving editorial member. To subscribe to the free newsletter, click here.
Quick Take Bitcoin’s Sunday slide below $83,000 led a market-wide price decline with Dogecoin and Cardano each dropping by more than 10%. Both altcoins had recovered slightly late Sunday afternoon.
- 19:00Sources: Trump Urges House Speaker to Raise Top Tax RateAccording to insiders on Thursday, U.S. President Trump urged House Speaker Johnson in a call on Wednesday to raise the top tax rate and close the carried interest tax loophole in upcoming legislation. This call comes as the Republican-controlled House pushes the president's legislative agenda, which aims to extend the benefits of the Tax Cuts and Jobs Act introduced by Trump in 2017 for businesses and individuals, while eliminating taxes on tip income, overtime pay, and Social Security benefits. Johnson and other Republican leaders are currently resisting proposals to increase tax rates for the wealthy. Treasury Secretary Besant made it clear to reporters last week that Trump has ruled out this idea. However, Republicans still face pressure from MAGA supporters to limit tax breaks for the wealthy and corporations. House Ways and Means Committee Chairman Jason Smith recently revealed in an interview that the tax legislation body he leads may take action to close tax loopholes that benefit the wealthy.
- 17:40Trump: Will Use Tariffs to Pressure Countries to Open UpAccording to Jinshi reports, U.S. President Trump stated that he will use tariffs to threaten countries to open up.
- 17:40Zhao Changpeng: Bitcoin Investment Is Simple, Just Avoid Panic SellingChangpeng Zhao stated that investing in Bitcoin is simple, as long as you avoid panic selling.