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LIVE: Trump hosts first White House crypto summit | NBC News
Watch live coverage as President Trump hosts the first-ever White House Digital Assets Summit, focused on cryptocurrency. Ahead of the summit, Trump signed an executive order last night establishing a strategic bitcoin reserve.
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🇺🇸🗣 #BTC Trump’s Crypto Vision:
- Make America the "Crypto Capital of the World."
- Create a U.S. crypto reserve, with a Bitcoin reserve as the "Digital Fort Knox."
- U.S. holds ~200,000 BTC, one of the largest holders globally; non-BTC assets will be stored separately.
- Biden admin sold significant BTC and stifled crypto growth, blocking banks from crypto business.
- Review all U.S.-held crypto assets and explore acquiring more BTC.
- End "Operation ChokePoint 2.0" (crypto debanking) and push for stablecoin legislation by August recess.
- America will never sell its BTC.
Treasury Sec. Bessent: Make U.S. a crypto leader, end crypto repression, regulate stablecoins wisely, and strengthen dollar dominance via stablecoins.
Commerce Sec. Latnik: Trump is a crypto pioneer.
Crypto Czar Sacks: Trump understands crypto best.
- Make America the "Crypto Capital of the World."
- Create a U.S. crypto reserve, with a Bitcoin reserve as the "Digital Fort Knox."
- U.S. holds ~200,000 BTC, one of the largest holders globally; non-BTC assets will be stored separately.
- Biden admin sold significant BTC and stifled crypto growth, blocking banks from crypto business.
- Review all U.S.-held crypto assets and explore acquiring more BTC.
- End "Operation ChokePoint 2.0" (crypto debanking) and push for stablecoin legislation by August recess.
- America will never sell its BTC.
Treasury Sec. Bessent: Make U.S. a crypto leader, end crypto repression, regulate stablecoins wisely, and strengthen dollar dominance via stablecoins.
Commerce Sec. Latnik: Trump is a crypto pioneer.
Crypto Czar Sacks: Trump understands crypto best.
🐳 Whale activity on the #XRP network has been consistently rising over the past three weeks.
🕵️🐶 Over 1 billion #DOGE tokens exchanged hands in just the past 24 hours.
🔎🇺🇸 #BTC Timechainindex has created a tracker of the entire on-chain history of Bitcoins seized by the U.S. government.
To date, the government has seized a total of 394,759 BTC, of which 195,586 BTC have been auctioned or sold, generating approximately $2.61 billion—resulting in an opportunity cost of $14.33 billion at current prices.
Currently, the U.S. government still holds 199,172 BTC, with a market value of $17.25 billion.
To date, the government has seized a total of 394,759 BTC, of which 195,586 BTC have been auctioned or sold, generating approximately $2.61 billion—resulting in an opportunity cost of $14.33 billion at current prices.
Currently, the U.S. government still holds 199,172 BTC, with a market value of $17.25 billion.
🇺🇸🏦 OCC lifts previous restrictions on digital assets, banks can now participate in custodial custody of cryptocurrencies and certain activities with stablecoins. coindesk
🕵️ 330,000 #ETH have been withdrawn from exchanges in the past 72 hours.
🔍🐳 Whale Transactions:
1. Wallets belonging to Nucleus Marketplace, a darknet marketplace shut down in 2016 after 9 years of inactivity transferred $77.5 million #BTC to 3 new wallets. Nucleus Marketplace wallets still hold $365 million BTC;
2. Whale contributed $751 million #FUN ($1.55 million, 6.83% of total supply) to Binance. This 751 million FUN was withdrawn from Binance 4 years ago during the bull market when it was worth $18.25 million. Whale has a loss of $16.7 million (-92%);
3. Galaxy Digital withdrew 282.5k #SOL ($40.5M) from OKX, Bitstamp, Coinbase and Binance exchanges and then staked 274,253 SOL ($39.15M).
1. Wallets belonging to Nucleus Marketplace, a darknet marketplace shut down in 2016 after 9 years of inactivity transferred $77.5 million #BTC to 3 new wallets. Nucleus Marketplace wallets still hold $365 million BTC;
2. Whale contributed $751 million #FUN ($1.55 million, 6.83% of total supply) to Binance. This 751 million FUN was withdrawn from Binance 4 years ago during the bull market when it was worth $18.25 million. Whale has a loss of $16.7 million (-92%);
3. Galaxy Digital withdrew 282.5k #SOL ($40.5M) from OKX, Bitstamp, Coinbase and Binance exchanges and then staked 274,253 SOL ($39.15M).