1D·

Summary of Yesterday's Crypto Summit at the White House

• Trump stated that the U.S. is considering purchasing “significant” amounts of Bitcoin

and other cryptocurrencies.

• He called on Congress to pass the Crypto Clarity Act.

• Trump assured that the U.S. would ensure it maintains its undisputed leadership in the Bitcoin and cryptocurrency market.

• Hyperliquid $HYPE (+1.15%) rose 22% to $71 after Trump said the CFTC was working on approval in the U.S.

• SEC Chair Paul Atkins stated, “We will ensure that the greatest technological advances are realized here in America.”

• Trump claimed he had “ended the war on cryptocurrencies once and for all.”

$ETH (-3.71%)
$BNB (+1.82%)
$XRP (+6.43%)
$COIN (+8.1%)
$MSTR (+6.6%)
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$ABTC

7 Comments

FinanzMechaNik@FinanzMechaNikk

I wonder if his little guy has just filled his pockets again? 😁

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G_Capital@G_Capital

@FinanzMechaNikk …not just his son.

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PaulPK@PaulPK

@FinanzMechaNikk Me too…. Me too 🤣

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asset_sage_smmad@asset_sage_smmad

Do they still have money left to make the purchase after having to pay back all those customs duties?

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Cekay@CMustermann

@asset_sage_smmad That's the great thing—they just print it :)

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Larsen@meonmonday

23H

I think that's pretty risky, as long as it's not really clear whether the blockchain's keys are quantum-secure.

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Ego D.@werhatdemwirdgegeben

23H

Trump and his crew have to make up for their personal losses from the Iran war somehow… 😅 Although they probably actually made a profit if they sold right before it happened (which I assume they did). After all, the greed of kleptocrats knows no bounds.

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