JUST IN: Bitcoin seller exhaustion is reaching critical levels as BTC surges past $68,000 โ a strong sign that downward pressure is beginning to fade.
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JUST IN: Bitcoin breaks above $68,000, sparking $1.67B in short liquidations within 4 hours as bearish bets collapse.
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BREAKING: U.S. Fed minutes reveal that multiple officials supported a rate hike, with many cautioning that additional tightening could follow if inflation remains high.
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BREAKING: ๐บ๐ธ President Trump says the U.S. could make "sizable" investments in Bitcoin and other cryptocurrencies.
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RECAP: White House Crypto Meeting โ August 19, 2026
President Trump welcomed leading figures from the crypto and financial sectors to the White House today, ahead of the inaugural session of the CFTC Innovation Advisory Committee. He positioned the event as a defining moment in cementing U.S. leadership in digital assets.
Key highlights:
โข Trump announced, "we ended the war on crypto once and for all," attributing a resurgence in innovation to his administrationโs rollback of what he described as restrictive Biden-era regulations.
โข He reiterated his firm stance against a central bank digital currency (CBDC), reaffirming the executive order that prohibits its development in the U.S.
โข The U.S. Strategic Bitcoin Reserve continues as a "permanent asset" under the Treasury, complemented by a separate Digital Asset Stockpile holding additional cryptocurrencies.
โข Marking one year since enactment, Trump highlighted the GENIUS Act for accelerating the adoption of dollar-pegged stablecoins across financial infrastructure.
โข On global competitiveness, he asserted the U.S. holds a significant lead over China in both AI and blockchain innovation. He also confirmed Chinese President Xi Jinping will visit the U.S. on September 24, with AI cooperation expected to be discussed.
โข Trump praised SEC Chair Paul Atkins and CFTC Chair Michael Selig for their regulatory vision, alongside Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick.
โข Executives from Coinbase, Ripple, Robinhood, Gemini, and Nasdaq were in attendance, setting the stage for Thursdayโs first formal committee meeting.
The discussions lay the groundwork for deeper policy engagement this week, with regulation of crypto assets, artificial intelligence, and prediction markets slated for review.
#CryptoPolicy #DigitalAssets #BitcoinReserve #Stablecoins #AIInnovation #CFTCCommittee
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President Trump welcomed leading figures from the crypto and financial sectors to the White House today, ahead of the inaugural session of the CFTC Innovation Advisory Committee. He positioned the event as a defining moment in cementing U.S. leadership in digital assets.
Key highlights:
โข Trump announced, "we ended the war on crypto once and for all," attributing a resurgence in innovation to his administrationโs rollback of what he described as restrictive Biden-era regulations.
โข He reiterated his firm stance against a central bank digital currency (CBDC), reaffirming the executive order that prohibits its development in the U.S.
โข The U.S. Strategic Bitcoin Reserve continues as a "permanent asset" under the Treasury, complemented by a separate Digital Asset Stockpile holding additional cryptocurrencies.
โข Marking one year since enactment, Trump highlighted the GENIUS Act for accelerating the adoption of dollar-pegged stablecoins across financial infrastructure.
โข On global competitiveness, he asserted the U.S. holds a significant lead over China in both AI and blockchain innovation. He also confirmed Chinese President Xi Jinping will visit the U.S. on September 24, with AI cooperation expected to be discussed.
โข Trump praised SEC Chair Paul Atkins and CFTC Chair Michael Selig for their regulatory vision, alongside Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick.
โข Executives from Coinbase, Ripple, Robinhood, Gemini, and Nasdaq were in attendance, setting the stage for Thursdayโs first formal committee meeting.
The discussions lay the groundwork for deeper policy engagement this week, with regulation of crypto assets, artificial intelligence, and prediction markets slated for review.
#CryptoPolicy #DigitalAssets #BitcoinReserve #Stablecoins #AIInnovation #CFTCCommittee
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JUST IN: HYPE surges past $70, approaching a fresh all-time high, following Trumpโs announcement of a CFTC initiative to bring Hyperliquid into the U.S. market.
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BREAKING: ๐บ๐ธ The U.S. national debt has crossed $40 trillionโhitting the mark months ahead of projections, driven largely by a shortfall in tariff revenue.
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NEW: Bitcoin overtakes Meta, Tesla, and the Vanguard S&P 500 ETF, claiming the title of the worldโs 13th largest asset with a $1.3 trillion market cap.
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NEW: Grayscale highlights that the SECโs proposed Regulation Crypto Assets could breathe new life into U.S. token fundraising, positioning Ethereum, Solana, and BNB Chain as primary beneficiaries. Learn more
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OPINION: Tim Scott claims Elizabeth Warren is blocking Democratic backing for the CLARITY Act, describing her as "a real force to overcome."
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JUST IN: South Korea has approved BitGo Koreaโs VASP registration, enabling the firm to provide institutional-grade cryptocurrency custody services. Learn more
#Cryptocurrency #Regulation #SouthKorea #BitGo #CryptoCustody
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#Cryptocurrency #Regulation #SouthKorea #BitGo #CryptoCustody
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RECENTLY: Jonathan Gould from the OCC states that the GENIUS Actโs stablecoin regulations are on track to be finalized by November, with applications expected to open in early next year.
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OPINION: CZ re-shared his "yearly horizon" post with a laughing emoji following Bitcoinโs surge, stirring mixed reactions onlineโsome believe he subtly called the market bottom.
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OPINION: Saifedean Ammous, author of The Bitcoin Standard, stated, โYou donโt have enough bitcoin,โ to which Michael Saylor responded, โNo one does.โ
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JUST IN: Coinbase CEO Brian Armstrong suggests crypto could be approaching its next bull run, pointing to the Sept. 15 vote on the CLARITY Act and Bitcoinโs historically strong seasonal trend, known as "Uptober."
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JUST IN: For the first time since Bitcoin's October 2025 all-time high, both spot and futures demand have turned positive simultaneously, according to CryptoQuant. This marks a significant shift in market sentiment.
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JUST IN: Peter Schiff warns that surging Treasury yields could compel the Treasury to ramp up buybacks and push the Fed toward formal QE.
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JUST IN: CFTC Chair Michael Selig confirms that regulations for the crypto market structure are moving forwardโwhether via rulemaking or legislation, with or without Congress.
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