Market Cap: $2.9577T 0.260%
Volume(24h): $69.6164B 40.740%
  • Market Cap: $2.9577T 0.260%
  • Volume(24h): $69.6164B 40.740%
  • Fear & Greed Index:
  • Market Cap: $2.9577T 0.260%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$94104.684962 USD

-1.69%

ethereum
ethereum

$1795.975744 USD

-1.89%

tether
tether

$1.000105 USD

-0.02%

xrp
xrp

$2.153121 USD

-1.94%

bnb
bnb

$588.417662 USD

-1.75%

solana
solana

$144.519924 USD

-0.93%

usd-coin
usd-coin

$1.000012 USD

-0.01%

dogecoin
dogecoin

$0.170618 USD

-2.80%

cardano
cardano

$0.673726 USD

-3.72%

tron
tron

$0.249084 USD

0.79%

sui
sui

$3.286488 USD

1.41%

chainlink
chainlink

$13.918502 USD

-1.95%

avalanche
avalanche

$20.078647 USD

-1.02%

unus-sed-leo
unus-sed-leo

$9.077928 USD

1.09%

stellar
stellar

$0.265945 USD

-1.12%

Cryptocurrency News Articles

U.S. President Donald Trump to Deliver Remarks at the Digital Asset Summit in New York

Mar 20, 2025 at 06:17 pm

President Donald Trump is set to address the Digital Asset Summit in New York City on Thursday, March 20, marking the first time a sitting U.S.

U.S. President Donald Trump to Deliver Remarks at the Digital Asset Summit in New York

U.S. President Donald Trump will deliver remarks at the Digital Asset Summit in New York on Thursday, days after the White House signaled interest in stockpiling Bitcoin.

The president’s speech is scheduled for 10:40 a.m. ET at North Javits and will be the first time a sitting president has spoken at a cryptocurrency industry conference. It comes as the U.S. government’s potential involvement in Bitcoin is a hot topic of discussion.

“It’s high time that our president started accumulating assets for the American people, which is what President Trump is doing rather than taking it away. I’ve been asked all the time, it’s like how much do you want, right? I mean, as much as we can get.”

Bo Hines, executive director of the White House’s presidents council of advisers on digital assets

The administration’s stance on Bitcoin appears to be evolving, though details remain unclear. A few weeks ago, Trump signed an executive order establishing a U.S. Strategic Bitcoin Reserve. Lawmakers, including Senator Cynthia Lummis and Congressman Nick Begich, have since introduced proposals for the U.S. to acquire up to 1 million BTC over the next five years.

Trump has already signed an executive order to create a Strategic Bitcoin Reserve. As crypto.news reported earlier, the reserve will be funded with Bitcoin seized by the federal government through asset forfeiture, meaning taxpayers won’t bear any cost.

White House AI and Crypto Czar David Sacks noted that the U.S. government already holds around 200,000 BTC, though a full audit has never been conducted. The executive order mandates a complete accounting of federal digital asset holdings and prohibits the sale of Bitcoin in the reserve, likening it to a “digital Fort Knox.”

Alongside Trump, other key speakers at DAS include Strategy’s Michael Saylor and Bloomberg ETF analyst James Seyffart, who will discuss spot Bitcoin exchange-traded funds and institutional adoption.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on May 06, 2025