May 7, 2025

Madison Mills

Crypto

Trump reverses Biden-era crypto tax law, bitcoin jumps

00:00 Speaker A Bitcoin is rising today after President Trump signed a bill into law reversing Biden era IRS rules that make decentralized finance platforms comply with the same tax rules as traditional brokers. The crypto market has been on a wild ride since President Trump won the presidential election, initially jumping to all-time highs

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Investors

What it means for investors

00:00 Speaker A Well, most investors looked for clarity about where President Trump’s trade agenda was heading. Our next guest accurately predicted that Trump’s tariffs were really all about China. Joining us now, David Wu, a former top Wall Street global macro strategist, current CEO of David Wu Unbound where David publishes his research. And

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