Trump To Hold Crypto Summit Friday—What You Need To Know | Global News Avenue

President Trump plans to host cryptocurrency executives at the White House on Friday, a crypto summit that could provide new insights into the administration’s agenda on digital assets.

Participants of the event are expected to include CEO coinbase(coin), crypto.com, robinhood (hood), crypto wallet provider Exodus (Exodus) (exit), and the Chairman Bitcoin Finance Company strategy(MstrIt is a previous miniature contrast according to Trump’s AI and Crypto Czar David Sacks.

Trump is expected to speak at the event. He said last weekend that the United States can launch Strategic encryption protected area It consists of Bitcoin and four other tokens. Trump posted such reserves on his Truth Social Platform, “elevating this critical industry” and “I will make sure the United States is the crypto capital of the world.”

Bitcoin price rises from below $70,000 on Election Day to Over $109,000 He was in office for a week. However, in recent weeks, prices have fallen as economic uncertainty reduces risk appetite in financial markets. Recently, it has traded for under $91,000.

Trump trained Pro-Crypto Images And named crypto-friendly numbers as positions in the main departments of his government. He also participated in the crypto business. Not long before taking office, President-elect and First Lady Melania Trump initiated Meme Coin.

Trump and his sons also promoted World Free Finance, a decentralized financial project co-founded by Trump’s envoys with Steve Witkov of the Middle East.