Why the encryption market today? Whitehouse Crypto Summit, Pi Network News, XRP News

After recent corrections, Bitcoin ($ BTC) may reach 97 thousand dollars -100 thousand dollars, and ETHEREUM ($ ETH) may reach 3 thousand dollars, and Altcoins may wear by 10 % -30 %. The market has been prepared for “the dead cat bounces”. The main operators include the profit report coming from NVIDIA and the PCE price index in the United States on Friday. With Powell looking to policy amendments, we may see a short -term gathering before lower forms.

Democrats in the US House of Representatives submitted the MEME law, targeting the promotion of mimokin, including Memecoin Trump, by government officials. California MP Sam Lixkardo criticized President Trump for his promotion of the currency, which he claims has caused two billion dollars to 800,000 Americans. This step follows the previous efforts to restrict officials to benefit from these coins. Meanwhile, Mimikoen Trump, along with others, has seen a significant decrease in value.

Ukraine lawmakers are still discussing encryption tax rates amid efforts to legitimize digital assets this year. While some officials expect the bill to pass soon, experts Taras Kozak suggest that coding of encryption may be delayed until next year, with tax rates starting in 2026. Ukrainians are open to a 5-10 % tax on encryption income, but the final tax rate remains under discussion. Curical laws in the country await amendments to the tax law before full implementation.

The Central Investigation Office (CBI) seized coded currencies worth 23.94 rupees ($ 2.75 million) and the main evidence after the country’s raids targeting the Gainbitcoin fraud throughout India. The operation, conducted on February 25-26, 2025, extended over more than 60 sites, including major cities such as Delhi, Mumbai and Bangaluru. Gainbitcoin, a Bonzi chart that collapsed in 2017, led to a large fraud that includes fake cryptocurrencies. The investigation is continuing.

The Senate Banking Committee is scheduled to review the Senator’s Senator’s draft law, Stablecoin, which is the Genius Act, during the week from March 10. The draft law, which was submitted on February 4, 2025, limits Stablecoin to some entities, including sub -companies from secure institutions. It imposes full 1: 1 with US dollars or high -quality liquid assets and prohibits the algorithm stablecoins. The bill also calls for federal supervision of exporters with more than $ 10 billion in the market.

ETHEREUM (ETH) fell 2 % on Friday, as LTHS (LTHS) and whale holders joined smaller investors in retail sale. More than 500,000 ETH has been deposited in the stock exchanges since February 21, indicating a high sales activity. Whales, which contain 10k-100K ETH, have sold more than 620 kg ETH in the past four days, pushing ETH towards the level of $ 2000. ETHEREUM also launched the Silviculture Society Association to involve more community voices.

SEC has recently dropped multiple cases against major encryption platforms such as Coinbase, Binance and Conssys, which indicates an environment more suitable for industry within the framework of the Acting Mark Uyeda chair. While some analysts see this as a victory, others warn that the lack of clear rules may still lead to future risks. SEC focuses on policy development, instead of using enforcement as an organization. The debate in Congress continues on stablecoins and the market structure.

An American federal judge refused the lawsuit for the Supreme Education Council against Richard Hart, the founder of Hex, Pulsechain and Pulsex, and decided that the agency was lacking in the jurisdiction. Judge Carol Bajali Amun stated that online communications in the heart were “unparalleled and available information” and not specifically targeting American investors. The court found that the Supreme Education Council failed to deliberately prove the heart of the heart with the United States market. The Securities and Stock Exchange Committee can appeal or amend the ruling within 20 days.

Robert Keusaki criticizes the American banking system, especially the federal reserve, describing them as a “bank” who save the failed institutions instead of facing the consequences. He warned that the current financial system, including the US dollar, is a fraud and a collapse. Keusaki advised people to protect themselves by investing in gold, silver and real bitcoin, and warned of the investment funds circulating in these assets.

US President Donald Trump’s meeting with Ukrainian President Voludimir Zelinsky rapidly escalated to a hot argument during his first meeting since Trump’s resumption of position. Discussion, diplomacy in the first place, has become a confrontation when Vice President JD Vance criticized Ukraine with the war, which led to sharp exchanges. Trump later stated that Zelinski was not ready for peace, and Zelinski refused to apologize, expressing his hopes for reforming relations between the United States of Ukrainian despite the class.

ISHAN Bhaidani, the encryption dealer and CEO of Marketing, who expected the FTX collapse, shared his ideas about paying the ongoing creditors. With the first round of payment that begins on February 18, 2025, Bhaidani is the two -year timeline “win”, given the complexity of multinational nature of judicial cases and judicial cases. He also commented on the success of those who bought claims from the FTX creditors, referring to strong gains for those who bought the encryption assets at low prices.

President Trump is scheduled to attend and speak at the top of the encrypted currency in the opening White House on March 7. The summit will display prominent founders, executives and investors from the cryptocurrency industry, as well as members of the president’s digital assets team. The event will be hosted by David Sacks, The White House Ai and Cryptocurrency CZAR, run by Bo Hines, executive director of the team.