The upcoming White House Crypto Summit on March 7 could have a major impact on the market, with discussions set to focus on regulation and innovation. Five key assets – Hedera (HBAR), Chainlink (LINK), TRUMP, MELANIA, and Uniswap (UNI) – are currently in the spotlight, with speculation rising about their potential inclusion in the US crypto reserve.

While HBAR and LINK have strong positions in their respective sectors, TRUMP and MELANIA could see increased attention due to their ties to the summit. Meanwhile, UNI’s regulatory win against the SEC has fueled discussions about its long-term role in the DeFi ecosystem.

Hedera (HBAR)

Hedera is among the top 5 biggest Made in USA cryptos by market cap, trailing only XRP, Solana, and USDC, and very close to Chainlink. With XRP and Solana already included in the US crypto reserve and USDC being a stablecoin, speculation is growing that HBAR could be next in line for inclusion.

Such a move would likely drive significant bullish momentum as investors anticipate increased institutional adoption and government recognition.

Despite a 7% decline in the last 24 hours, HBAR has been up over 13% in the past week. Its market cap hovers around $10.3 billion, reflecting sustained interest in the asset.

If HBAR is added to the US crypto reserve, its price could surge, potentially testing key resistance levels at $0.29 and $0.32.

A stronger rally could push it further toward $0.37, and if bullish momentum continues, HBAR could climb to $0.40, a level it hasn’t reached since November 2021.

However, if the recent price retracement deepens and HBAR loses support at $0.22, it could face further downside, with $0.20 and $0.17 emerging as the next critical support levels.

Chainlink (LINK)

Chainlink is a major player in the oracle sector and has been expanding its influence in real-world assets (RWA). Its role in both industries strengthens its case for inclusion in the US crypto strategic reserve, alongside XRP and Solana.

With a market cap close to Hedera’s, LINK remains one of the most relevant Made in USA cryptos since its launch in 2018. If it is added to the strategic reserve, demand could rise, driving its price higher.

A potential inclusion could push LINK to test $17.6, with further breakouts leading to $19.7 and $22.3. If momentum stays strong, it could climb to $26.4, surpassing $26 for the first time since mid-December 2024.

However, a market downturn could see LINK testing support at $15.7, with further declines toward $14 or even $13.45.

OFFICIAL TRUMP (TRUMP)

Trump’s Crypto Summit could have a major impact on his meme coin, Official Trump (TRUMP), which has been struggling below $20 for over two weeks. The event could reignite interest in the coin, potentially reversing its recent downtrend.

TRUMP was one of the most hyped meme coins ever, briefly reaching a $15 billion market cap on its first day and becoming the third-largest meme coin. However, it has since lost 80% of its value, with its market cap now around $2.9 billion.

If momentum picks up, TRUMP could test resistance at $17, $20, and $24.5, with a strong rally potentially pushing it toward $30 for the first time since January.

However, if the correction continues, TRUMP could test support at $12.1 or $11, with a break below $11 marking its lowest price since launch.

Melania Meme (MELANIA)

Just like TRUMP, MELANIA could also see a boost from Trump’s Crypto Summit. Launched on January 19, MELANIA quickly surged, reaching a $2 billion market cap within hours. However, it has been in a steep decline since then, dropping $50 in the last 30 days and struggling to find support.

MELANIA has been trading below $1 for nearly a week and is currently near its all-time lows. A strong rebound could push it back to $1.29 and $1.39, with a potential surge taking it to $1.61 for the first time since February 6.

If momentum fails to pick up, however, MELANIA could continue sliding below $0.80 and $0.70, setting new record lows.

The summit’s outcome will likely play a key role in MELANIA’s price action. If hype returns, it could regain lost ground, but if sentiment remains weak, further downside could be ahead.

Uniswap (UNI)

Uniswap remains one of the most significant DeFi applications, even as it occasionally loses its lead to competitors like Raydium, Hyperliquid, and Pumpfun.

With the SEC dropping its case against Uniswap, speculation is growing that UNI could be one of the Made in USA cryptos included in the US strategic crypto reserve. If that happens, UNI could rally to test resistance at $8.5, with further upside toward $9.64 and even above $10 for the first time since mid-February.

However, UNI has dropped 33% in the last 30 days, and its correction could continue if buyers remain hesitant.

A further decline could see UNI price testing support at $7.42. If that level is lost, it may fall to $7 or even below for the first time since January 2024.

Tether, the stablecoin giant, has announced the appointment of Simon McWilliams as its new Chief Financial Officer (CFO).

With Simon McWilliams’ expertise in financial auditing, it appears that Tether is hoping he can conduct a comprehensive financial audit. The company is aiming to become more transparent about its reserves as regulatory pressure mounts.

Simon McWilliams Becomes Tether’s New CFO

According to the latest announcement, Tether has appointed Simon McWilliams as its new Chief Financial Officer (CFO). With this appointment, Tether aims to strengthen the trust of users, regulators, and institutional partners while solidifying its dominant position in the $232 billion stablecoin market.

“Simon’s expertise in financial audits makes him the perfect CFO to lead Tether into this new era of transparency. With his leadership, we are moving decisively toward a full audit, reinforcing our role in supporting US financial strength and expanding institutional engagement,” wrote Paolo Ardoino, CEO of Tether.

Simon McWilliams brings over 20 years of experience in financial management. He has previously guided large investment firms through rigorous audits.

His appointment marks a significant step for Tether, especially given the ongoing skepticism regarding the legitimacy and transparency of its reserves.

Challenges Tether Faced Under CFO Giancarlo Devasini

Following McWilliams’ appointment, Tether’s former CFO, Giancarlo Devasini, will transition to the role of Chairman. In this new position, Devasini will now focus on macroeconomic strategy, steering Tether toward becoming part of the US financial system and promoting the global adoption of digital assets.

Under Devasini, Tether consistently faced criticism for lacking a comprehensive audit. From 2022 until now, the company relied solely on quarterly attestation reports from the accounting firm BDO.

These reports are considered to lack the detail that a comprehensive audit would require.

This lack of transparency has been creating many doubts, particularly after a 2021 settlement with the New York Attorney General (NYAG). The NYAG investigation revealed that Tether had misrepresented that USDT was backed 1:1 by the U.S. dollar.

Furthermore, Tether and Bitfinex, a closely affiliated company, denounced the amended price manipulation lawsuit.

Although Tether has made efforts to disclose its reserves, 82.35% consist of Cash, Cash Equivalents, and Other Short-Term Deposits. Nearly 80% of them are in US Treasury Bills.

However, critics argue that only a full audit can fully dispel doubts about the company’s financial health.

Pushing for a comprehensive audit aligns with Tether’s broader strategic goals. The company recently relocated its headquarters to El Salvador, aiming to secure a Digital Asset Service Provider (DASP) license.

This move is seen as an effort to strengthen its operational foundation and signal intentions to expand within the institutional financial system.

The Prime Minister of Vietnam, Pham Minh Chinh, recently requested that proposals for a legal framework on cryptocurrencies be submitted within this month.

Accordingly, the Ministry of Finance (MOF) is required to preside over, together with the State Bank of Vietnam (SBV), the proposal and submission of a legal framework for managing digital assets and digital currencies. The process must be completed in March.

Vietnam is Ramping Up Crypto Regulation Efforts

According to Tuoi Tre, Prime Minister Chinh has just signed Directive No. 05 on solutions to promote national growth to reach 8% or more in 2025. The request to submit a proposal for a legal framework on digital currency is an important part of this Directive.

“The Party has directed, the Government has agreed, the National Assembly has agreed, the People have supported, and the Fatherland has expected. So just discuss to action, not to retreat,” said the Head of Government.

As of now, crypto is not considered a digital currency in Vietnam. Many businesses register in Singapore or the US and then operate in Vietnam. This leads to a competitive disadvantage and tax revenue loss.

This is why the Head of the Government has directed the MOF and SBV to propose a legal framework for digital currency within this month.

A legal framework will help businesses access capital from banks. It will also make investment and funding more accessible.

From a user perspective, transparency will help minimize risks that may arise in transactions. This could contribute to Vietnam’s plan to tax crypto transactions and digital assets.

Overview Of A Legal Framework For Digital Currency In Vietnam

Following data recorded by BeInCrypto from Triple-A, Vietnam currently ranks 7th globally in terms of cryptocurrency ownership. There is also increasing hype over the newly launched Pi Network (PI) that has caused Vietnam Authorities to issue a warning.

However, the government has yet to provide a specific definition for virtual currency and virtual assets.

Previously, the Government considered incorporating provisions and regulations on digital assets into legal documents under the Law on Digital Technology Industry. The concept of digital assets was first defined as intangible assets.

More specifically, the regulation classified crypto as digital data. Digital technology creates, issues, stores, transfers, and authenticates this data in an electronic environment.

In early 2025, the Standing Committee of the National Assembly aimed to define and classify digital assets. They based the classification on purpose, technology, and other criteria.

Earlier, during a meeting with the Central Committee’s Policy and Strategy Board on economic growth targets, General Secretary To Lam stated the need to study and apply a controlled testing mechanism (sandbox) to establish an exchange for digital assets.

The Vietnamese Government will launch and operate Financial Hubs in Ho Chi Minh City and Da Nang in 2025.

Last week, the Prime Minister ordered the MOF and MOST to create policies on digital assets and sandboxes. They must complete them by Q2 2025.