Live Update: Crypto Summit concludes with Bitcoin on primary agenda
The much hyped maiden crypto summit at The White House concluded by Friday evening with top crypto industry leaders communicating with Trump regarding his administration’s assistance in setting up a clear regulatory framework for web3.
The event was seen as a first outreach of President Donald Trump administration towards his crypto supporters after he secured a thumping victory in the 2024 U.S. presidential elections, banking on their support.
Live Update: Chainlink founder Sergey Nazarov addresses to Trump : “Very grateful to you for helping our industry guide in the right way”
At the maiden crypto summit at the White House hosted by President Donald Trump, Sergey Nazarov, the founder of Chainlink, addressed him during the event.
“I just wanna express my deep gratitude for the seriousness with which you are approaching our industry and helping us guide the right path. We believe crypto, web3 and blockchain is the next iteration in the new financial system,” said Nazarov.
Live Update: “Just like America won the internet, America is going to win crypto” : Gemini co-founder Tyler Winklevoss at Crypto Summit
Tyler Winklevoss, American entrepreneur and co-founder of Gemini, spoke at the maiden crypto summit event at The White House on Friday, where he commented that, “Just like America won the internet, America is going to win crypto”, stressing on the need to win the race for crypto dominance and turn America into the Bitcoin capital.
Live Update: Trump announces Federal Government is largest bitcoin Holder
Trump promised to make America the bitcoin super power of the world and the crypto capital of the planet. He stated that the federal government is already one of the largest holders of Bitcoin. Up to 200,000 Bitcoins have been acquired through civil law and various other forms including enforcement actions.
Under the Biden administration billions and billions of Dollars of bitcoin were sold, which was not a good thing. From this day on America will follow the rule that every bitcoiner knows that never sell your bitcoin.
Live Update: President Trump Joins Crypto Summit at The White House, Unveils FIFA Trophy
President Trump has joined the Summit, after greeting everyone, his first action is to unveil the FIFA world cup trophy to everyone present in the room. Trump also joked that how his deal with Giovanni Infantino failed caused he lost election once but now they are back. Giovanni Infantino also announces the launch of FIFA coin.
Live Update: First pictures of Crypto Summit at The White House are out ! Ripple CEO Brad Garlinghouse spotted
As the first ever crypto summit at The White House kicks off under the presence of President Donald Trump, first pictures of the conference hall have arrived. Spotted in the picture is Brand Garlinghouse, CEO of Ripple Labs, as one of the invitees at the summit. XRP, a native token of Ripple Network, is one of the five cryptocurrencies to be included in strategic crypto reserve, as recently announced by Trump.
Live Update: MARA Holdings CEO Fred Thiel arrives at The White House for Crypto Summit
Fred Thiel, chairman and CEO of MARA Holdings, has just arrived at The White House and the historic crypto summit is about to begin any moment now. Thiel is among the top industry leaders invited by President Trump at the roundtable conference.
Live Update: Congressman Bryan Steil gives a sneak peek from The White House before historic Crypto Summit begins
The mood at The White House is jubilant as the highly anticipated Crypto Summit is set to commence. Congressman Bryan Steil, addressing the event from the location, expressed his enthusiasm and commended President Donald Trump for spearheading efforts in blockchain technology and digital assets.
In his video, Bryan stated “Just about to kick off the White House Crypto Summit—exciting to be engaged in blockchain. President Trump is an absolute leader in digital assets, especially following four difficult years of the Biden administration, where they did everything they could to stop the development of this technology in the United States.”
“We are turning it the other way. We are making sure that we are developing this technology—blockchain, crypto—here in the United States. I couldn’t be more excited to kick off the White House Crypto Summit with President Trump,” Steil said.
Live Update: Chainlink Co-Founder Sergey Nazarov arrives at The White House for Crypto Summit
Sergey Nazarov, the co-founder of Chainlink, a popular decentralized blockchain oracle network, is one of the first guests to arrive at The White House to meet President Donald Trump and other dignitaries at the first ever crypto summit.
A picture of Nazarov present at The White House was shared by the official X handle of a staff from Chainlink, confirming his attendance at the event.
Also Read: Exclusive Guest List of Crypto Summit 2025 at The White House
Live Update: Crypto Summit Host David Sacks says Trump had no reason to add Solana, XRP and Cardano to Crypto Reserve
Ahead of the historic crypto summit at The White House, David Sacks, the AI and Crypto Czar under Trump administration, who is also a co-host at the event, spoke his mind on the recent announcement of strategic crypto reserve to be set up in U.S.
Sacks said in a TV interview that the decision of President Trump to include cryptocurrencies like Solana, XRP and Cardano to the U.S. strategic reserve list along with Bitcoin and Ethereum, was made solely on their market cap size. He insisted there was no such reason to add these three cryptos in the list other than that they were in top 5.
Many critics of Trump administration have questioned the decision of including cryptocurrencies that are not as popular as Bitcoin and Ethereum, alleging insider trading in crypto markets.
Also Read: No Such Reason for Trump to add XRP, SOL, ADA in Reserve: David Sacks
Live Update: Senator Cynthia Lummis skips Crypto Summit due to Pneumonia, Sends Greetings
Moments ahead of the first ever crypto summit at The White House, Senator Cynthia Lummis posted a congratulatory tweet on her official X handle, while, also informing her inability to participate in the event due to her contracting pneumonia.
Senator Lummis, who was one been of the most vocal lawmakers for U.S. crypto industry, has championed the cause of Bitcoin strategic reserve, while seeking support for Donald Trump during the 2024 presidential elections. 70-year-old senator from Wyoming is considered crucial to the ongoing initiatives of Trump administration to create a strategic crypto reserve with Bitcoin.
Also Read: Senator Cynthia Lummis to Co-Host Bitcoin for America Forum
Live Update: Beware of Fake YouTube Broadcast of Trump Crypto Summit Live
As the first ever crypto summit at The White House, Washington D.C. is about to begin any moment now, various unscrupulous elements on the internet have started using this opportunity to trap unsuspecting victims.
Big names like Brad Garlinghouse from Ripple, Michael Saylor from MicroStrategy, David Bailey from Bitcoin Magazine, and Brian Armstrong from Coinbase are going to be there, so everyone’s excited. But crooks are using that to trick folks with fake streams, throwing in misleading pictures and chat messages to get clicks.
Don’t get caught! Check where the video’s coming from before you watch. Stick to real sources like CNBC, Bloomberg, the White House’s official page, or the summit’s website. And don’t believe some random person online saying they’ve got a special link—it’s probably a scam. Here is one example of a fake YouTube Live.
Also Read: Beware of fake YouTube broadcast of Trump Crypto Summit Live
Live Update: President Donald Trump all set to host first ever Crypto Summit at The White House
The stage is all set for one of the most historic moments for the crypto community- President Donald Trump, in a few minutes from now, is all set to host the first ever The White House Crypto Summit, where lawmakers, entrepreneurs, CEOs and key industry players from the web3 world will be under one roof to discuss the future roadmap of decentralized finance in the U.S.
With this maiden summit, the community is anxiously awaiting the dawn of a new era in crypto where entrepreneurs are not hunted by hostile regulators, investors are not discouraged with high taxation and decentralized finance becomes a household name.
The event will be chaired by David Sacks, the White House’s AI and Crypto Czar, and Bo Hines, Executive Director of the President’s Working Group on Digital Assets. Together, they will steer discussions on how the U.S. can lead the global crypto revolution.
On the guest list are some of the biggest names in the U.S. crypto industry; from Brian Armstrong of CoinBase to Michael Saylor of Strategy to Brad Garlinghouse of Ripple Labs.
What’s on menu, you ask? Well its crypto for starters, main course and desserts!
Watch this space for more live updates.
