Yesterday’s summit proved he never planned US reserve
He played Sell the News, leaving investors disappointed
Here's Breakdown of crypto summit and market predictions👇🧵
➠ 2
◈ The Crypto Summit on March 7, 2025, hosted by President Donald Trump, was a pivotal event for the industry
◈ It marked the first time the U.S. government fully engaged in shaping crypto regulations and policies
◈ The administration emphasized Bitcoin’s role in securing U.S. dominance in the digital economy
◈ The summit was live-streamed, attracting widespread attention from investors and the public
◈ Despite its significance, the market reacted negatively, with Bitcoin and altcoins facing heavy losses
➠ 3 Purpose of the Summit
◈ The event aimed to define the future of crypto regulations in the U.S. economy
◈ The government reiterated its strategy to strengthen the U.S. position in digital finance
◈ Bitcoin and other digital assets were analyzed for their impact on financial policy
◈ The summit sought to develop a regulatory structure that fosters long-term industry growth
➠ 4 Participants
◈ Donald Trump led the summit, showcasing the administration’s approach to cryptocurrency regulation
◈ David Sacks, the White House’s top crypto and AI strategist, facilitated discussions with key industry figures
◈ Bo Hines, overseeing the digital assets working group, contributed to defining regulatory priorities
◈ White House officials actively engaged, ensuring government interests were represented in crypto policy talks
➠ 5 Participants 2
◈ Michael Saylor, CEO of MicroStrategy, pushed for stronger Bitcoin policies in discussions with government officials
◈ Brian Armstrong, head of Coinbase, addressed regulatory concerns affecting crypto exchanges in the U.S.
◈ The Winklevoss twins, co-founders of Gemini, contributed investor insights, focusing on expansion and innovation
◈ Anthony Scaramucci, representing Ripple Labs, highlighted XRP’s global role and the need for clearer regulations
◈ Leaders from Ethereum, Solana, and other major blockchain firms participated in talks on the future of altcoins ➠ 6 Participants 3
◈ Brian Armstrong acknowledged the summit’s significance but criticized the absence of tax incentives for crypto investors
◈ Cameron and Tyler Winklevoss highlighted its importance but raised concerns about the uncertainty surrounding altcoin regulations
◈ Anthony Scaramucci welcomed the discussion on stablecoins but urged lawmakers to clarify XRP’s regulatory status ➠ 7 Market Impact
◈ The summit marked a turning point, acknowledging crypto’s role in the U.S. financial system
◈ Despite high expectations, no significant regulatory reforms were introduced, disappointing investors
◈ Market sentiment soured as hopes for major policy shifts failed to materialize
◈ While future plans were discussed, immediate market volatility remained a concern
I remain super bullish – the U.S. created a reserve, held a summit, what else do you need?
Who told you they’d buy trillions of $BTC? Who said Bitcoin would instantly hit $1,000,000?
Stop fudding. The world is slowly embracing decentralization, while you’re selling
Governments move slowly – they don’t rewrite the constitution in a day
Be patient and HODL
Here's what I'm buying ahead of the 2025 rally ⬇️
MPG $LUNAR
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#MarketPullback #CryptoMarketWatch #JobsReportShock #Trump’sExecutiveOrder #TexasBTCReserveBill