#WhiteHouseCryptoSummit March 7, 2025

Key Highlights:Trump created a Strategic Bitcoin Reserve (~200,000 seized BTC, ~$17B) and a Digital Asset Stockpile (ETH, XRP, SOL, ADA) via executive order, with no taxpayer funding.Promised regulatory clarity, paused SEC actions, and tax incentives to make the U.S. a crypto leader.Attendees included Coinbase’s Brian Armstrong, MicroStrategy’s Michael Saylor, and others; investors disappointed by no new purchases, causing price drops (BTC -3-5% to ~$86K-$89K, others -5-12%).Forecast for Major Coins:Bitcoin (BTC): Short-term volatility, long-term legitimacy boost, risks from government actions or global tensions.Ether (ETH): Gains from clarity but secondary to BTC, speculative.XRP: Tied to SEC outcomes, inclusion questioned, risks favoritism concerns.Solana (SOL): Volatile, inclusion controversial due to instability.Cardano (ADA): Highly speculative, inclusion unclear, adoption-dependent.Critical View: The summit may prioritize industry allies, risking conflicts of interest and overpromising on speculative assets, with broader economic and geopolitical risks unaddressed. Investors should be wary.