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🔥 NEW: US - based tokens like $ADA, $XRP, $SOL, and $ONDO surged after Trump’s announcement on adding altcoins to strategic reserves, while exchange tokens $WBT, $TKX, and $BGB also saw significant gains.

- XRP jumped 31% to $2.80, ADA crossed $1, and SOL soared above $160, each gaining over 20%. - BTC rose 6%, breaking the $91,000 mark, while ETH climbed nearly 10% to over $2,400. - The CoinDesk 20 Index (CD20) saw a 17% rise. This move could boost crypto-linked stocks like MSTR, COIN, HOOD, MARA, RIOT, and CLSK. What do you think about this crypto reserve? Share your thoughts below! 💬

Trump to Host Crypto Summit to Hash Out Crypto Regulations Come 7 March, President Donald Trump will play host to the first-ever White House Crypto Summit, connecting industry leaders, investors, and members of the President’s Working Group on Digital Assets. The event will be led by White House AI & Crypto Czar David Sacks and Bo Hines, the executive director of the working group, with Trump delivering remarks at the inaugural gathering. Sacks, a South African-American venture capitalist, was appointed to the newly created AI & Crypto Czar position in December, signalling the administration’s commitment to the sector. Since taking office, he has prioritised key initiatives, including evaluating a US Bitcoin strategic reserve, developing a stablecoin regulatory framework, and pushing for updated SEC guidelines that favour crypto innovation. President Trump will host the first White House Crypto Summit on Friday March 7. Attendees will include prominent founders, CEOs, and investors from the crypto industry. Look forward to seeing everyone there! pic.twitter.com/PEynzDuAOt — David Sacks (@davidsacks47) March 1, 2025 The release said: "Attendees will include prominent founders, CEOs, and investors from the crypto industry, as well as members of the President's Working Group on Digital Assets." The White House has not disclosed the full list of summit attendees but emphasized in a press release that the administration is focused on establishing clear regulations while fostering innovation and economic freedom. The summit follows Sacks’ recent public remarks alongside congressional leaders, marking his first major address as Trump's crypto policy chief. He noted at press conference: "We want to keep that innovation onshore in the US. Financial assets are destined to become digital, just like every analog industry has become digital, and we want that value creation to happen in the United States, rather than giving it away to other countries." Current Administration Takes Jab at Former Administration The administration also condemned its predecessor for what it described as the unjust targeting and prosecution of the digital asset industry. The press release stated: "After the previous administration unfairly prosecuted the digital asset space, President Trump's policy vision represents a new era for digital financial technology. The administration is committed to providing a clear regulatory framework, enabling innovation and protecting economic liberty." Crypto Summit News Leaves Bitcoin Maxis Unimpressed Reactions to the summit were mixed within the crypto community, with some still recalling the high-profile ‘Crypto Ball’ in Washington, D.C., held before the inauguration. That event coincided with the launch of Trump’s meme coin, which briefly surged to a $14.5 billion market cap before plummeting by two-thirds, leaving many small traders at a loss. Longtime Bitcoin holder and Austrian economist Carl Menger voiced his frustration. Fuck them Crypto. Disgusting Shitcoin show. — Carl ₿ MENGER ⚡️🇸🇻 (@CarlBMenger) March 1, 2025 Meanwhile, the Bitcoin Therapist championed Bitcoin as the preferred alternative. Just say Bitcoin, it’s honest and more transparent. 99% of crypto are online gambling tokens with no purpose or utility. — The ₿itcoin Therapist (@TheBTCTherapist) March 1, 2025 Others, however, simply urged the president to avoid launching another meme coin. Ultimate Goal to Propel America to be the Global Leader in Crypto In a late Friday statement, the White House reaffirmed Trump’s commitment to becoming “America’s first crypto president” by establishing a clear regulatory framework that fosters innovation while protecting economic liberty. The administration criticised its predecessor for what it called unfair prosecutions of the digital asset industry and pledged to end regulatory uncertainty. The announcement follows Trump’s executive order creating an internal working group, chaired by Sacks, to position the US as a global leader in crypto. The group will focus on regulating a national crypto stockpile and developing a stablecoin framework. The order also repeals a directive from former President Joe Biden that sought to establish its own crypto regulations and explicitly bans the creation of a US central bank digital currency (CBDC). Will this summit finally bring long-awaited regulatory clarity, or will key questions remain unanswered?

This post won't get even 20 likes because it warned you about something other don't they just shill it like others

As the SEC’s case against Ripple continues to make headlines, many are left wondering: why the silence? Despite the SEC’s recent activity, which saw cases dropped against major players like Coinbase, Gemini and Robinhood, the Ripple case remains unresolved—and it’s far from simple. The Ripple-XRP case has reached a crucial point where a judge has already issued a split decision. On one hand, the SEC won a portion of the case, while Ripple claimed victory on another. The biggest takeaway? XRP was not classified as a security—a significant win for Ripple and its community. However, there are still unresolved issues, such as the finding of securities law violations and the potential penalties Ripple could face. Legal expert James Murphy aka Metalawman has a theory on the unexpected delay. He suggests that Ripple could be in active negotiations with the SEC to have some of Judge Torres’s decision vacated. Ripple could be looking for a better deal, particularly if they’re eyeing future securities offerings or an IPO. If both sides were to dismiss their appeals, Ripple could potentially settle with a $125 million penalty—but could they push for more? 💬 I have a Theory about the SEC’s unexplained delay in dismissing the @Ripple case.It might not be the SEC.It could be that @Ripple Network is negotiating hard to get the SEC to agree to vacate some or all of Judge Torres’ decision.The Torres decision was unquestionably GREAT for…— MetaLawMan March 1, 2025 However, Murphy also wrote, “It is far from a sure thing that a federal judge would agree to vacate a prior ruling as part of a settlement. This was fairly commonplace several years ago when I started in the law business, but judges started balking at this in more recent times.” Although this remains speculation, Murphy’s theory has gained support from figures like attorney John Deaton. #XRP #SEC #Ripple