President Donald Trump will host the Trump Crypto Summit on Friday, March 7. Meanwhile, the Best Wallet presale has raised over $11 million – what’s going on?
America is fast becoming a beacon of crypto hope, judging by the sequence of events after Donald Trump’s election as president.
During his campaign trail, he promised to make the country the center of crypto activity, stating that all Bitcoin would be mined in the United States. He has since followed through, actualizing some of those promises.
In addition to Gary Gensler stepping down and David Sacks declaring that the country will prioritize the regulation of stablecoins, President Trump announced the creation of a crypto reserve on Sunday.
The reserve will include multiple altcoins in addition to Ethereum. Bitcoin will be part of this reserve, but including assets like Solana and Cardano has lifted sentiment.
The White House Crypto Summit: Everything You Need to Know
The White House also formally announced that President Trump will host the first-ever Crypto Summit on Friday, March 7.
This landmark event comes as the crypto market stabilizes after two days of rapid volatility, during which Bitcoin, Ethereum, and leading altcoins relinquished gains from last weekend.
The summit will bring together industry leaders, including founders, CEOs, policymakers, and investors. The crypto and AI czar David Sacks will chair the summit, though President Trump will serve as the host. Meanwhile, Bo Hine, currently the director of the crypto working group established by the president, will oversee its administration.
So far, founders expected to attend include Brian Armstrong, CEO of Coinbase; Arjun Sethi of Kraken; Sergey Nazarov of Chainlink; and Michael Saylor, founder of MicroStrategy. Others include JP Richardson of Exodus, Matt Huang of Paradigm, and Brad Garlinghouse of Ripple.
I'll be attending the White House Digital Asset Summit on Friday. Thank you to President Trump for the invitation.
I look forward to discussing how America can take a leadership role in promoting the principles of open crypto and enabling builders in ecosystems such as Bitcoin,…
— Matt Huang (@matthuang) March 4, 2025
It is expected that President Trump will deliver the opening remarks. However, whether his speech will emphasize his administration’s focus on crypto and emerging tech remains to be seen.
Additionally, the crypto community anticipates news on how the government plans to implement its crypto regulatory framework, with clear rules on stablecoin oversight.
More clarification regarding the crypto reserve will also be needed. The community wants additional details on the proposed structure and how the government intends to implement it.
Is It Time to Buy Best Wallet?
The crypto market is stable ahead of this crypto summit, with Bitcoin holding above the $85,000 mark.
Investors expect prices to rise and are currently exploring low-risk, high-potential alternatives like the Best Wallet token.
Best Wallet is a popular multi-chain, non-custodial wallet where users retain direct control of their assets.
Its ambitious developers aim to capture 50% of the market share by 2026.
To achieve this, they offer an all-in-one platform for users to securely manage assets using multi-party computation (MPC) technology.
Besides supporting over 50 networks, it features a built-in exchange for seamless asset swapping.
Users can participate in NFTs, DeFi, and even trade meme coins through Best Wallet. The developers have also introduced a new section, “Upcoming Tokens,” where users can invest in vetted presales.
In the ongoing presale, over $10.7 million has been raised. BEST, the native utility token, currently trades at $0.024225 but will increase in the next 35 hours.
If you want to buy, you can use debit/credit cards, ETH, USDT, or several other altcoins.
Once purchased, you can stake BEST to earn passive income. The current yield is 150%, though it will decrease as more investors stake.
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Donald Trump to host Crypto Summit, Time to buy Best Wallet?
- Donald Trump to host Crypto Summit on Friday
- Key crypto founders, including Coinbase, Kraken, and Chainlink executives, will be in attendance
- Best Wallet presale raises over $10.7 million
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