White House News

Traders say Bitcoin is at risk of a sell-off to $65,000, but one analyst says a key price metric shows “whales going wild right now.”

US President Donald Trump is expected to sign off on a resolution undoing a rule that requires DeFi protocols to report to US tax authorities.

Bitcoin’s renewed strength is driven by “alignment of both structural and narrative factors.”

Bitcoin holds the steady near $85,000 as the Coinbase Premium returns and positive comments from the Fed and President Trump add to traders' confidence.

Bitcoin extended its rally toward $86,000 as the Fed held rates steady, announced plans to trim its “QT” policy and left the option for two interest rate cuts in 2025 on the table.

The Senate Banking Committee's bipartisan approval of the GENIUS Act means stablecoin legislation could arrive at the president's desk in a matter of months, according to Bo Hines.

Crypto advocates split hairs on whether XRP deserved to be in the digital asset stockpile, with many questions revolving around the token’s utility.

“Not that long ago, even the idea of BTC Reserve held and supported by a federal government was a revolutionary idea,” a blockchain regulatory expert told Cointelegraph.

The White House Crypto Summit marked a “truly historic day at the White House,” according to Crypto.com CEO Kris Marszalek.

President Trump and Scott Bessent both called for a comprehensive regulatory framework on stablecoins and a clear regulatory environment.

Regarding ETH, SOL, XRP and ADA, “The president just mentioned the top five cryptocurrencies by market cap, so I think people are just reading into this a little bit too much,” said Sacks.

A senior White House official said on March 7 that the crypto summit would not cover taxes, and some industry leaders expressed hope for a regulatory framework.

The Democratic lawmaker asked David Sacks to make official filings public showing he had “made appropriate divestments” to crypto that didn’t represent conflicts of interest.

The Trump administration plans to “roll back” Joe Biden’s anti-crypto stance and treat Bitcoin as the “digital Fort Knox for digital gold.”

More than 20 key industry leaders are heading to the first White House Crypto Summit after US President Donald Trump ordered the establishment of separate Bitcoin and crypto reserves.