Crypto

Trump hosts crypto summit focusing on strategic reserve.

Trump hosts crypto summit at the White House, focusing on a government strategic reserve of digital assets and bitcoin.

Published

11 months ago

March 10, 2025

Ahron Young

Trump hosts crypto summit at the White House, focusing on a government strategic reserve of digital assets and bitcoin.

In Short

President Trump hosted a cryptocurrency summit at the White House, proposing a government-owned reserve of digital assets without using taxpayer funds. While the industry’s response was mixed due to uncertainties in plans, there was a more collaborative atmosphere compared to past regulatory tensions.

U.S. President Donald Trump held a cryptocurrency summit at the White House on March 7, focusing on a proposed government-owned stockpile of digital assets.

Notable figures from the cryptocurrency industry, including MicroStrategy CEO Michael Saylor and Coinbase co-founder Brian Armstrong, were present.

Trump’s executive order set out a plan to create a strategic reserve for bitcoin and other digital assets, instructing the Treasury and Commerce secretaries to develop cost-neutral acquisition strategies.

He reiterated that taxpayer funds would not be used for this purpose. The reserve will consist of bitcoin forfeited through legal proceedings, as stated by White House crypto advisor David Sacks.

Market reactions were mixed, with some disappointment over the lack of a concrete plan for acquiring new tokens, leading to a decline in bitcoin prices.

Industry executives expressed a collaborative sentiment towards the administration, noting a shift from previous regulatory tensions to a more constructive dialogue.

Trump highlighted the importance of maintaining bitcoin without selling it, aligning with a phrase popular within the crypto community.

Treasury Secretary Scott Bessent confirmed the U.S. aims to retain the dollar as the global reserve currency while incorporating stablecoins.

Crypto

Bitcoin falls below $67,000 as market sentiment wavers

Bitcoin falls below $67K amid sell-off; analysts cite interest rates and ETF flows as market pressures.

Published

3 days ago

February 12, 2026

Harvey Vargas

Bitcoin falls below $67K amid sell-off; analysts cite interest rates and ETF flows as market pressures.

Bitcoin has tumbled below $67,000, extending a recent decline as investor confidence wavers. The cryptocurrency stabilised near $67,000 after briefly dipping to around $66,996.

The sell-off follows Bitcoin falling below the $70,000 mark on February 5, with analysts from Deutsche Bank citing the fading ‘Tinkerbell effect’ as a key reason for the wavering valuation.

Additional pressures from the Federal Reserve’s interest rate policies and large ETF inflows and outflows have intensified the crash. Despite the turmoil, some analysts point to early signs of potential market stabilisation.

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#Bitcoin #CryptoNews #BitcoinCrash #CryptoMarket #CryptoUpdate #BitcoinTrading #MarketAnalysis #FinancialNews

Crypto

Bitcoin tumbles as volatility surges and analysts warn of more downside

Bitcoin drops 12% to 77,900 amid global market volatility; predictions vary on short-term recovery or further declines.

Published

2 weeks ago

February 3, 2026

Harvey Vargas

Bitcoin drops 12% to 77,900 amid global market volatility; predictions vary on short-term recovery or further declines.

Bitcoin has had a bruising week, slipping below 80,000 for the first time since April 2025 and trading near 77,900 as global markets turn risk off. The pullback has wiped more than 200 billion from the crypto market, with thin weekend liquidity accelerating the sell-off.

Volatility has surged after more than 2 billion dollars in bitcoin positions were liquidated since Thursday, intensifying price swings and unsettling investors. Analysts are divided, with some calling a potential short-term bottom near 70,000 while others warn the turbulence may not be over yet.

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Crypto

White House holds talks with crypto and banking executives on new rules

White House to meet with crypto leaders on federal legislation and stablecoin interest amid financial stability concerns.

Published

2 weeks ago

January 29, 2026

Harvey Vargas

White House to meet with crypto leaders on federal legislation and stablecoin interest amid financial stability concerns.

The White House is set to meet with banking and cryptocurrency leaders to push forward federal crypto legislation. Discussions will focus on stablecoin interest and financial rules under the Clarity Act.

The bill aims to provide clarity for digital assets but faces delays over competition and financial stability concerns. Crypto companies emphasise that offering interest is crucial to attract customers.

#CryptoNews #Stablecoins #FinancialRegulation