Here's the latest crypto news:
- *White House Crypto Summit*: President Donald Trump hosted a crypto summit, where he announced plans to foster a suitable regulatory environment for crypto in the US. He also mentioned that the Treasury and Commerce Departments will explore ways to accumulate additional Bitcoin for the strategic reserve ¹.
- *Bitcoin Reserve*: Trump confirmed that the US government will not sell any of its Bitcoin holdings. The Treasury and Commerce Departments will work to terminate "Operation Choke Point 2.0" ¹.
- *Crypto Market Updates*: Bitcoin's price is currently around $86,150, with a 3.43% decline. Ethereum's price is around $2,135, with a 2.59% decline ².
- *Regulatory Updates*: The OCC confirmed that banks can custody crypto, following Trump's statement to end "Operation Choke Point 2.0" ¹.
- *Industry Insights*: Experts predict that the US strategic crypto reserve could add 1 million Bitcoin by 2030 with gold sales ³.
