The markets are eagerly awaiting Trump's speech during the cryptocurrency summit in New York!

US President Donald Trump is preparing to deliver a speech at the Digital Assets Summit in New York today, Thursday, in an unprecedented event that will see a sitting US President participate in a conference focused on the cryptocurrency industry.

According to a press release, Trump is scheduled to speak at 10:40 AM Eastern Time from the event venue in North Javits, at a time when speculation is growing regarding the US government's role in the Bitcoin market.

Washington Approaches Bitcoin.. Are We Witnessing a Historical Shift?

Trump's participation comes just days after the White House made statements about holding Bitcoin as a strategic asset, reflecting a potential shift in the US government's policy towards cryptocurrencies.

Recently, Trump signed an executive order to create a US strategic reserve of Bitcoin, a move aimed at enhancing the United States' ownership of digital assets without any costs to taxpayers, as the reserve will be funded by Bitcoin seized by federal authorities.

200,000 Bitcoins in the Hands of the US Government

David Sachs, the AI and cryptocurrency official at the White House, revealed that the federal government currently holds around 200,000 Bitcoins, although these assets have not yet undergone a comprehensive audit. He emphasized that the new strategic reserve will be managed under a strict policy that prevents the sale of Bitcoin.

Industry Leaders Discuss the Future of Digital Currencies

Alongside Trump’s speech, the DAS conference features prominent figures from the cryptocurrency sector, including Michael Saylor, co-founder of MicroStrategy, and James Seifart, an ETF analyst at Bloomberg, who will address the future of spot Bitcoin ETFs.

Where is Bitcoin Heading During Trump’s Era?

This event comes at a time when speculation is increasing about the possibility of integrating Bitcoin into US fiscal policy, with growing interest from official entities in the future of digital assets. Will Trump’s speech at the New York Summit mark a turning point in the US government's relationship with cryptocurrencies?

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