This is your chance, NOW
Today, March 7, 2025, the first of its kind Cryptocurrency Summit will take place at the White House, organized by the administration of U.S. President Donald Trump. The event will run from 1:30 PM to 5:30 PM Eastern Time (9:30 PM – 1:30 AM Moscow Time) and is expected to be a turning point for the cryptocurrency market.
One of the key issues on the agenda is a possible announcement regarding the creation of a strategic cryptocurrency reserve for the U.S. President Trump has previously hinted that this reserve could include not only leading cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), but also alternative digital assets including XRP, Solana (SOL), and Cardano (ADA).
It is expected that the summit will discuss issues related to the regulation of digital assets, stablecoins, and risk management. Additionally, there are rumors of a possible announcement of tax incentives for crypto projects based in the U.S., including the elimination of capital gains taxes.
Against this backdrop, the cryptocurrency market is showing notable activity. As of March 7, 2025, 12:51 Tokyo time, the prices of major cryptocurrencies are as follows:
Bitcoin (BTC): $91,041.00, up by $2,693.00 (3.05%) in the last 24 hours.
Ethereum (ETH): $2,262.87, up by $78.91 (3.61%) in the last 24 hours.
Binance Coin (BNB): $600.66, up by $9.57 (1.62%) in the last 24 hours.
Cardano (ADA): $0.933312, down by $0.00634 (0.67%) in the last 24 hours.
XRP (XRP): $2.62, up by $0.18 (7.38%) in the last 24 hours.
Given the upcoming announcements and potential regulatory changes, a significant capital redistribution in the cryptocurrency market is expected in the coming hours. Investors are advised to closely monitor news from the summit and adjust their investment strategies accordingly with new information.
Since the cryptocurrency market is known for its volatility, it is important to approach investments with caution and consider all possible risks.