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Trump expected to attend White House crypto industry meeting; Coinbase, Ripple and other CEOs will participate in discussions.

10 hours ago

According to people familiar with the matter, U.S. President Donald Trump is expected to attend a crypto industry innovation conference at the White House next week, where he will hold discussions with executives from multiple crypto firms, as well as heads of prediction market and AI companies. Attendees include leaders from Coinbase, Ripple, Gemini, Robinhood, Polymarket, Kalshi and other firms. All these executives are members of the newly established Innovation Advisory Committee of the U.S. Commodity Futures Trading Commission (CFTC). Sources said the meeting will be held at the Eisenhower Executive Office Building adjacent to the White House, aiming to conduct policy dialogues around innovative areas such as U.S. fintech, crypto assets, prediction markets and artificial intelligence. CFTC Chairman Mike Selig and other government advisors are also expected to attend, while Treasury Secretary Scott Bessent and Commerce Secretary Lutnick may be present. Later, the CFTC Innovation Advisory Committee will hold its first formal meeting, focusing on topics including "The Evolution of Crypto Regulation: From Uncertainty to Clarity" and establishing a long-term federal market structure. Currently, the U.S. Congress is still advancing the subsequent review of the Digital Asset Market Structure Act (CLARITY Act), and the bill’s further progress remains subject to disputes over regulatory frameworks and conflicts of interest.

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COW rises to break through $0.15, surging over 50% in 24 hours.

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Jensen Huang steps in to calm the AI computing power market, teaming up with Wall Street giants to endorse AI computing power.

According to CCTV Finance, a rare scene this week saw Jensen Huang, NVIDIA’s CEO, team up with six major Wall Street asset management firms to endorse the concept of establishing AI computing power as an independent asset class. Analysts view this as Huang putting his proposed token economics into practice, and note that the AI boom is evolving from a technological race to a capital race. However, the latest initiative has raised investor concerns over "circular financing" and debt risks. In response to the doubts, Huang personally stepped in to reassure the market, stating that NVIDIA may provide a residual value support mechanism of up to 25% for individual investment projects and will conduct careful evaluations of each project. Subsequently, market sentiment eased slightly.

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Analysis: Bitcoin’s apparent demand has improved significantly, but structural hoarding volumes remain insufficient to fully absorb new supply.

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Investment Bank Survey: AI Disrupts Software Industry, Private Secondary Market Investors Shift to Wait-and-See Stance

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CZ: Bitcoin is a deflationary asset, with only approximately 4.4% of its total supply remaining to be mined.

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Iran states that its sovereignty over the Strait of Hormuz is undisputed.

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