Crypto segment to get boost, donald trump to host first crypto summit on 7 March, Bitcoin, Ether

The crypto market has volatility for the last few months. However, this market may quickly accelerate. American President Donald Trump has announced to create a reserve of cryptocurrency. Trump -led US government is also organizing the first Crypto Summit on 7 March.

Crypto Czar, David Sacks, appointed by Trump, stated in a post on social media platform X that the summit will include Founders, CEOS and Investors associated with the Crypto segment. However, information about the agenda of this crypto summit has not been found. Some high-profile people associated with Crypto Business have confirmed participating in it. These include the co-founder of the blockchain network chainlink, Sergey Nazarov. Apart from this, Founder of Microstrategy, the most holding software company of Bitcoin, Michael Saylor and Paradigm’s co-founder, Matt Huang will also be present in this summit.

Recently, Trump had announced to create a strategic reserve of Nekriptocharcyz. This will include cryptocurrencies like Bitcoin, Ether, Solana and XRP. Trump had informed about creating a reserve of cryptocurrency in a post on social media platform TruthSocial. Its purpose is to promote the Crypto Market. Earlier, Trump had signed an executive order related to digital assets. In this post, Trump had said, “The segment will be boosted after the Biden government’s years of Biden government’s corresponding attacks before the Crypto Reserve.” Along with this, Trump has also reiterated his plan to make America the capital of Crypto in the world. He said, “I will make sure that America be made the capital of Crypto in the world.”

Along with this, Trump also reiterated his support for two big cryptocurrencies Bitcoin and Ether. He had said that both these cryptocurrency will definitely be a major part of this reserve. Trump’s recovery took place in the Crypto Market after this announcement. Recently, the new government of Trump -led US government decided to create a regulatory framework for the crypto segment. During his election campaign, Trump indicated that Bitcoin’s reserve and a policy in favor of Crypto.