#WhiteHouseCryptoSummit $BTC White House Crypto Summit | Cryptogalata on Binance Square

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#WhiteHouseCryptoSummit $BTC White House Crypto Summit

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With the shiba community behind it, it will be a perfect meme token, Shiba's strongest trump card in the meme world, just like Koma Inu.The project is supported by leading names in the crypto world such as Syhtoshi Kusama and Kaal.Great project Shifu token

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Additionally, CryptoRank’s latest data confirms this shift, highlighting how US projects are rapidly climbing the ranks of institutional portfolios. As global investors seek regulatory clarity and stability, America’s evolving crypto policies could give its homegrown tokens an undeniable edge. With momentum building, all eyes are now on the US Crypto Season ahead. #WhiteHouseCryptoSummit $XRP $SOL $XRP

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Howard Lutnick Reveals: Trump to Unveil Bitcoin Reserve Strategy at White House Crypto Summit Commerce Secretary Howard Lutnick tells The Pavlovic Today that President Trump will unveil a Bitcoin reserve strategy at the White House Crypto Summit, marking a major shift in U.S. crypto policy. Trump, who has positioned himself as a staunch advocate for the crypto industry, outlined his stance on Bitcoin strategic reserve in a recent post on Truth Social, stating: “A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA. I will make sure the U.S. is the Crypto Capital of the World. We are MAKING AMERICA GREAT AGAIN!” Trump’s push to establish the U.S. as the “crypto capital of the world” will attract innovators back to the country. Friday’s announcement could mark a turning point for the industry, reinforcing U.S. leadership in digital assets around the world. #WhiteHouseCryptoSummit #USCryptoReserve

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FTX Creditors Missing First Payout May Qualify for Q2 2025 Distribution #FTXrepayment will begin repaying creditors on February 18, 2025, starting with those holding claims under $50,000, while larger claims are expected to be addressed in Q2 2025. FTX Digital Markets, the Bahamian subsidiary of the collapsed cryptocurrency exchange FTX, will begin repaying creditors next week. The repayment process follows FTX’s reorganization plan, which took effect on January 3 after years of bankruptcy proceedings and litigation to recover funds. FTX Creditors Must Meet KYC & Tax Requirements Or Risk Missing Repayments According to a February 14 X post from FTX Creditor Champion, Sunil Kavuri, the first batch of repayments will be processed on February 18, 2025. These repayments will target claims under $50,000 classified as “convenience class” creditors. These individuals will receive 119% of their adjudicated claim value, totaling $1.2 billion in distributions. While smaller claims will be prioritized, larger claims exceeding $50,000 are expected to be addressed in later distributions, likely beginning in the second quarter of 2025. An estimated $17 billion will be disbursed in stages, with an initial payout of $7 billion projected for larger claimants. FTX customers eligible for repayment must complete Know Your Customer (KYC) verification, submit a W-8 BEN tax form, and onboard with a designated distribution partner, BitGo or Kraken. Those who fail to meet these requirements will not be included in the February 18 distribution but may qualify for future payouts if outstanding issues are resolved. Notably, Kavuri has earlier stated that FTX has already notified customers who did not meet the requirements for the upcoming distribution. Excluded creditors include those still under review, claims exceeding $50,000, or individuals who have not completed the necessary KYC, tax, or distribution provider steps. The repayment timeline remains uncertain for these groups, but further distributions are expected in the coming months. $BTC

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Ronaldinho’s STAR10 memecoin crashes 60% in two days amid insider concerns and security flaws Crypto Ronaldinho’s STAR10 memecoin crashes 60% in two days amid insider concerns and security flaws Brazilian football legend Ronaldinho Gaúcho’s highly anticipated STAR10 memecoin, launched on the BNB Chain on March 3, has dipped nearly 60% in value within 48 hours. It has declined from a peak market capitalisation of $397 million to just $12.28 million. The rapid decline has fuelled widespread scepticism among investors and blockchain experts. The token’s controversial tokenomics, insider trading allegations, and initial security vulnerabilities have been cited as key reasons for its dramatic crash. The STAR10 dramatic dip adds to a growing list of celebrity-backed cryptocurrency failures, drawing comparisons to the infamous $LIBRA token collapse endorsed by Argentine President Javier Milei. Ronaldinho, a former Brazil and F.C. Barcelona superstar, unveiled STAR10 with much fanfare. It promised holders “exclusive experiences, real-world benefits, signed collectibles,” and access to an AI agent. In an X post on March 3, he declared that the token was “built for those who want to be part of history,” leveraging his status as a soccer icon to drive initial hype. The coin surged to a $397 million market cap within 10 hours of launch, fuelled by his global fanbase and the speculative frenzy surrounding celebrity meme coins. However, the excitement quickly disappeared as red flags emerged, exposing structural weaknesses and eroding investor confidence. $BTC

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