Category: Cryptocurrency News

The first-ever White House Crypto Summit takes place today, Friday, March 7. A bevy of industry powerplayers are participating, and while the agenda has yet to be announced, the conversation will undoubtedly include the national crypto reserve, the Digital Asset Stockpile, and other pro-crypto policies. Trump has come a long way in his crypto journey, from crypto skeptic to now pledging to make the US the ‘crypto capital of the world’. The executive order and summit meeting are good first steps in this direction. As sentiment around crypto rises in the US, could new crypto projects like Best Wallet Token ($BEST) cash in? Crypto is the Strategic Order of the Day The executive order establishing the Strategic Bitcoin Reserve and US Digital Asset Stockpile was officially issued on March 6 and sets clear expectations for all US government departments about pooling government-owned Bitcoin. Departments have 30 days to audit and transfer any existing Bitcoin into the reserve. In 60 days, the Secretary of the Treasury will deliver considerations for establishing and managing the reserve and Digital Asset Stockpile. A significant aspect of the order ensures that Bitcoin is held in reserve, demonstrating the value of it as a long-term investment. The order reaffirms sentiment to see crypto and digital assets the same way as traditional assets and harness their power rather than limit it. Delivering on his pledge to ‘Make America the Crypto Capital of the World’, Trump has appointed David Sacks as Crypto Czar, who has already announced on X that no taxpayer dollars will be involved in the reserve. The reserve (estimated to be worth $17B in $BTC) has been seized from criminal activities. Although the reserve refers explicitly to Bitcoin, Trump has shared on Truth Social (a Trump owned social media platform) he would look to include other prominent crypto such as Solana ($SOL) and Ethereum ($ETH). These moves position the US as effectively navigating the new economic waters — many countries haven’t adopted crypto as part of their reserves yet. Arguably, Trump’s actions display the inklings of a well-considered long-term strategy – one that balances the mandate to maintain dollar dominance with the impetus to embrace crypto. Top Crypto Players Take Their Seat at the Table Some of the biggest names from the crypto world are expected to attend today’s summit and discuss ways to open doors for the industry. Expected guests include: Matt Huang: Co-founder of Paradigm Sergey Nazarov: Co-founder of Chainlink Caroline Pham: Acting chairman of the US Commodity Futures Trading Commission JP Richardson: CEO of Exodus David Sacks: AI and Crypto Czar Michael Saylor: Founder of MicroStrategy Arjun Sethi: CEO of Kraken Vlad Tenev: CEO of Robinhood Mark Uyeda: Acting chairman of the US Securities and Exchange Commission Zach Witkoff: Co-founder of Trump-linked World Liberty Financial It’s fair to assume the mood in the summit will be bullish, and with that comes a potential boost for the crypto market. Could Ethereum-based wallet tokens, like Best Wallet Token, capitalize on the increased attention? Best Wallet Token to Benefit From Crypto Summit So many key players from the world of crypto in one room means anything is possible, but it can’t fail to energize crypto markets. Altcoins like Best Wallet Token ($BEST) could ride the wave of exposure and investment. In its presale, $BEST has raised $10.8M since launching in November 2024, and the current token cost is sitting at $0.02425, a 7.78% increase from the initial presale launch price. Dynamic staking rewards of 146% APY are still available to those who stake during the presale. $BEST opens doors, just like today’s Summit should do for participants and the industry as a whole. Holders gain access to exclusive member perks within the Best Wallet ecosystem. These include early access to exciting new crypto projects and reduced transaction fees, higher staking gains, the upcoming Best Wallet debit card, and a Portfolio Management feature. We’ll have to see what today’s crypto summit brings, but the exposure could cause Bitcoin and many of the best altcoins to shift upwards. Check out our guide on how to buy $BEST, and get in now. Crypto is a volatile market; you can experience significant returns, but equally, you may lose your investment entirely. It’s important you do your own research before making any purchases.

HI guys, I DCA eth every month. at what amount of eth should i transfer to cold wallet? should i transfer immediately or wait to get to some amount of eth? would like to hear from your experience EDIT: important to note that I just hodl and nothing else until it gets to my goal…
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The U.S. plans to acquire more bitcoin to expand its strategic reserve beyond seized assets, Treasury Secretary Bessent said, outlining the government’s approach to crypto accumulation. Treasury Secretary Bessent Unveils Plan for America’s First Bitcoin Reserve Treasury Secretary Scott Bessent shared plans on Friday for the United States to build a strategic bitcoin reserve following […]

Comedian TJ Miller is all in on Bitcoin. In a candid chat on Decentralize with Cointelegraph, he shares his love for BTC and why cultural adoption matters just as much as financial investment.

Comedian TJ Miller is all in on Bitcoin. In a candid chat on Decentralize with Cointelegraph, he shares his love for BTC and why cultural adoption matters just as much as financial investment.

Treasury Secretary Bessent signaled that he would explore ways to acquire additional Bitcoin at the White House Crypto Summit on March 7.

Treasury Secretary Bessent signaled that he would explore ways to acquire additional Bitcoin at the White House Crypto Summit on March 7.

Ethereum (ETH) has faced massive selling pressure and volatility over the past month as the crypto market trends downward, pushing ETH toward crucial demand levels. With uncertainty gripping the market, analysts expect even more volatility in the coming days as traders react to major developments in the crypto space. Related Reading: Bitcoin Could Could Gain Momentum For A Move To $150,000 If Bulls Reclaim This Level – Details According to White House Crypto and AI czar David Sacks, President Donald Trump signed an executive order on Thursday to establish a Strategic Bitcoin Reserve. This unexpected move has sparked renewed speculation about how government involvement in crypto could impact broader market trends. Despite the chaos, Ethereum has managed to hold the key $2,000-$2,100 support zone, a crucial level that traders are watching closely. Top analyst Daan shared insights on X, highlighting that ETH has so far defended this major demand level despite the extreme volatility. The next few trading sessions will be pivotal, with Ethereum hovering near a critical price range. If ETH can hold support and regain momentum, a reversal could be on the horizon. However, failure to maintain these levels could trigger another wave of selling, deepening the current market correction. Ethereum Faces A Crucial Test The market enters a critical moment. Ethereum’s price has lost over 50% of its value since late December, sparking massive fear and panic selling. The steep decline has left many investors questioning whether the long-awaited alt season will even happen this year, as Ethereum and most altcoins struggle to reclaim bullish momentum. With ETH failing to establish a strong uptrend, analysts remain divided on whether a recovery is possible in the near term. Some believe that the current price action signals deeper weakness, suggesting that Ethereum could face further downside before seeing any meaningful reversal. Others, however, see potential for a rebound, especially as ETH continues to hold key demand zones. Daan’s technical analysis on X points out that Ethereum has managed to hold critical demand as a good sign amid recent market dynamics. This support, around $2,000, has been tested multiple times and remains a crucial area for bulls to defend. Daan also noted that Ethereum has formed a higher low on lower timeframes, indicating a possible reversal if momentum builds. He emphasized that for ETH to regain bullish structure, it needs to break above $2,300 and fill the inefficiency left from Monday’s full retrace. A decisive move above this level would confirm strength and could trigger a push toward higher price targets. Related Reading: Dogecoin Indicator Flashes A Buy Signal On The 4-Day Chart – Is DOGE Gearing Up For A Rebound? While Ethereum’s outlook remains uncertain, its ability to hold key levels suggests that a recovery is still possible. The next few trading sessions will be critical in determining whether ETH can reclaim bullish momentum or continue to struggle amid broader market weakness. ETH Price Action: Technical Levels Ethereum has entered an intense phase where uncertainty dominates price action and speculation drives market sentiment. With traders searching for direction, ETH is currently trading at $2,200, having established key support above $2,000. However, this level remains fragile, and bulls must continue to defend it to prevent further downside. For Ethereum to confirm a recovery rally, it needs to push above $2,500, reclaiming lost ground and shifting momentum back in favor of buyers. A move above this level would signal renewed strength, potentially setting ETH up for a strong rebound. However, until bulls break past resistance levels, ETH remains in a high-risk zone where volatility can drive price swings in either direction. The $2,000 support zone remains the key factor in determining Ethereum’s fate for the coming year. If ETH holds this level, it could serve as a foundation for long-term growth. However, if it breaks down, selling pressure could intensify, leading to a prolonged bearish trend. Related Reading: Whales Bought 420 Million Cardano After Trump’s U.S. Strategic Crypto Reserve Announcement – Insights With Ethereum trading at a pivotal moment, the next few weeks will be crucial in shaping its market trajectory. Whether ETH sees a breakout or another decline depends on how well bulls can defend key support zones. Featured image from Dall-E, chart from TradingView

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