Crypto News
White House Announces Crypto Roundtable for Next Week
U.S. President Donald Trump will host a crypto summit on March 7, the White House announced.White House Crypto and AI Czar David Sacks and Bo Hines, the executive director of a working group on digital assets, will run the meeting, though Trump will speak at the summit, a late Friday press release said. "Attendees will include prominent founders, CEOs, and investors from the crypto industry, as well as members of the President's Working Group on Digital Assets," the release said. The summit will come just about a month after Sacks, alongside congressional leaders, gave his first public remarks as Trump's crypto czar. "We want to keep that innovation onshore in the U.S.," he said at the Feb. 4 press conference....
Michael Saylor Meets Lawmakers, Pushes for US Crypto Leadership
Michael Saylor met with U.S. lawmakers to push for a structured digital asset framework, aiming to position the U.S. as a global crypto leader. Michael Saylor Pushes for US Crypto Leadership in Congressional Talks Michael Saylor, co-founder and Executive Chairman of software intelligence firm Microstrategy (Nasdaq: MSTR), met with the U.S. House Financial Services CommitteeSource link
Consensus 2025: Predicting Media Success
At Consensus 2025 in Hong Kong, DASTAN CEO Loxley Fernandes and President Farokh Sarmad discuss how on-chain prediction market MYRIAD's dynamic participatory model offers a new solution for aligning incentives in the media ecosystem.Source link
US Economy Faces Recession Scare as Atlanta Fed Projects -1.5% Q1 Contraction
The Atlanta Fed’s GDP model projects a -1.5% contraction in U.S. Q1 2025 GDP, raising concerns about stock market volatility, bitcoin’s near-term stability, and the Federal Reserve’s rate-cut calculus amid a widening trade deficit and cooling consumer spending. GDP Downgrade Sparks Uncertainty: Stocks, Bitcoin Vulnerable as Fed Watches Data Gross domestic product (GDP), the broadestSource link
As February Winds Down, Bitcoin Miners See a $190M Drop in Revenue
According to the most recent data, Bitcoin’s hashrate has dipped beneath the 800 exahash per second (EH/s) threshold, coinciding with a 30-day low in mining revenue, commonly referred to as hashprice. As of Friday, the hashprice is hovering just below $50 per petahash per second (PH/s), marking a notable decline in miner profitability. Bitcoin MinersSource link