Donald Trump to deliver historic bitcoin speech at Digital Asset Summit 2025

President Donald Trump is set to deliver a historic speech at the Digital Asset Summit (DAS) in New York on March 20, marking the first-ever formal address by a sitting U.S. president at a cryptocurrency conference. While Trump’s participation may be via a pre-recorded message rather than in person, his speech is highly anticipated by the crypto community, as it could offer valuable insights into the administration’s stance on digital asset regulation and policy direction.

Trump’s engagement follows the recent White House Crypto Summit, where policy discussions around cryptocurrency yielded mixed reactions, with critics highlighting the lack of clear regulatory directives. His upcoming address at DAS is expected to expand on these earlier discussions, potentially clarifying the administration’s approach to issues such as the U.S. Bitcoin Reserve, blockchain innovation, and digital asset regulations. The president’s comments will be closely watched, as they could significantly influence investor sentiment and market confidence.

The summit will also feature key political and financial figures, including Representatives Ro Khanna and Tom Emmer, who have actively contributed to crypto-related legislative efforts. Industry leaders such as MicroStrategy’s Michael Saylor and Ripple CEO Brad Garlinghouse will also participate, highlighting the summit’s importance. Garlinghouse’s presence is especially notable, given the recent resolution of Ripple’s high-profile lawsuit with the SEC.

Trump’s speech comes at a pivotal time, coinciding with the Federal Reserve’s recent decision against immediate interest rate cuts, despite signaling future reductions. The cryptocurrency market is showing recovery signs, and Trump’s remarks could bolster or dampen this momentum based on regulatory implications. Ultimately, Trump’s involvement emphasizes cryptocurrency’s rising political significance, potentially shaping the future landscape of blockchain regulation in the United States, and influencing institutional adoption and investment in the sector.

Source: CoinPaprika

Ripple CEO Garlinghouse: SEC to drop landmark XRP lawsuit

The SEC has officially dropped its lawsuit against Ripple Labs, marking the end of a lengthy four-year legal battle that significantly impacted the cryptocurrency industry. Ripple CEO Brad Garlinghouse announced the news, emphasizing that this outcome represents a major victory not only for Ripple but also for the broader crypto ecosystem. The lawsuit, initiated in December 2020, revolved around accusations from the SEC that Ripple had conducted an unregistered securities offering by selling XRP tokens.

The conclusion of the lawsuit is a crucial development, as it removes a substantial regulatory cloud hanging over Ripple and the XRP token. Throughout the lawsuit, Ripple consistently argued that XRP should be classified as a commodity or a currency, not a security, thereby not falling under SEC jurisdiction. This defense gained strong backing within the crypto community, reflecting broader concerns regarding regulatory overreach in the digital asset space.

The settlement is also likely to influence future regulatory frameworks and litigation involving cryptocurrencies. Ripple’s ability to withstand legal scrutiny and ultimately prevail has established a significant precedent, which may limit the SEC’s authority and redefine its approach toward cryptocurrencies. The end of the lawsuit has immediately improved market sentiment around XRP, boosting investor confidence and potentially opening doors for increased institutional adoption.

Garlinghouse stated that Ripple is now poised to continue building its cross-border payment solutions without the previous regulatory uncertainty. He urged regulators to create clearer guidelines to foster innovation rather than stifling growth through litigation. With the lawsuit resolved, Ripple aims to regain momentum in international markets and solidify XRP’s utility as a bridge currency. Overall, the conclusion of the Ripple lawsuit signals a positive turning point for the broader cryptocurrency industry, potentially paving the way for more balanced and constructive crypto regulation.

Source: Cryptobriefing

Bitcoin poised to surge during U.S. recession, says BlackRock

Robbie Mitchnick, head of digital assets at BlackRock, believes Bitcoin could significantly benefit if the U.S. economy enters a recession. In a recent interview, Mitchnick pointed out that Bitcoin is uniquely positioned to perform well during economic downturns, driven by increased fiscal spending, growing deficits, lower interest rates, and monetary stimulus — factors typically prevalent during recessions. Additionally, Bitcoin’s appeal grows amid fears of social disorder and financial instability, which are often heightened in recessionary periods.

Mitchnick argued that the market currently misunderstands Bitcoin, frequently classifying it incorrectly as a typical risk asset, similar to stocks or commodities, which traditionally perform poorly during economic downturns. Instead, he suggests Bitcoin should be viewed as uncorrelated or even inversely correlated with conventional financial markets, making it an attractive hedge during economic crises.

BlackRock, a prominent player in institutional cryptocurrency adoption, has significantly contributed to Bitcoin’s mainstream credibility through its highly successful iShares Bitcoin Trust ETF (IBIT). This ETF reached an impressive $48.7 billion in assets under management, becoming the largest spot Bitcoin ETF in the market. Remarkably, it surpassed the $10 billion asset threshold within just two months — a milestone that took traditional assets like gold ETFs several years.

The executive emphasized that institutional understanding of Bitcoin remains in early stages, highlighting the need for continued education to realize Bitcoin’s potential fully. He expects institutional interest to grow significantly, particularly if economic conditions deteriorate.

Overall, BlackRock’s analysis underscores Bitcoin’s potential role as a defensive asset during periods of economic uncertainty. If the U.S. economy indeed faces a recession, Bitcoin could emerge as a critical asset class for investors seeking protection against volatility and economic instability, potentially accelerating broader institutional acceptance and market growth.

Source: Atlas21