1Mon·

Summary of Yesterday's Crypto Summit at the White House

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

$BTC (+0.18%)

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 (+0.36%) 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 (+0.45%)
$BNB (+0.82%)
$XRP (+0.76%)
$COIN (+4.09%)
$MSTR (+1.99%)
$CRCL (+4.71%)
$GLXY (+0%)
$HOOD (+1.85%)
$ABTC (-1.01%)

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7 Comments

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I wonder if his little guy has just filled his pockets again? 😁
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@FinanzMechaNikk …not just his son.
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@FinanzMechaNikk Me too…. Me too 🤣
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Do they still have money left to make the purchase after having to pay back all those customs duties?
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@asset_sage_smmad That's the great thing—they just print it :)
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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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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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