Market
3 Key Things to Expect From the White House Crypto Summit

On March 7, 2025, the White House will host its first-ever Crypto Summit. President Donald Trump will chair the summit, and David Sacks will serve as moderator.
With Trump’s recent moves, many investors are anticipating positive changes. Below are three things that BeInCrypto thinks will be key agenda in the summit.
Progress Toward Regulatory Clarity
For years, regulatory ambiguity has been a headache for cryptocurrency investors. The previous Biden administration took a heavy-handed approach with SEC lawsuits targeting companies in the industry. This was seen as excessively stifling the market, preventing its growth in the US.
Trump’s crypto-friendly stance could change that. The summit might outline a simpler legal framework for digital assets, addressing issues like exchange compliance, DeFi regulations, and stablecoin management.
David Sacks, a supporter of stablecoins strengthening the dollar’s position, could push for policies legitimizing USDC or USDT without stifling innovation.
Evidence of this shift includes the recent dismissal of several SEC lawsuits against Uniswap, Kraken, Coinbase, and other crypto companies.
Most importantly, the Summit will reportedly have a very short guest list, and several major crypto leaders have already been invited. This suggests that the White House wants to engage in direct conversation with these leaders, which could lead to more policy suggestions.
“More attendees are confirming attendance at Friday’s White House Crypto Summit. Confirmations so far from: Michael Saylor, David Bailey, Matt Huang, JP Richardson.” FOX journalist Eleanor Terrett said.
More Details On The US Crypto Reserve
President Trump recently announced plans to establish a strategic reserve with Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA). This has already had a positive short-term impact on their prices. As a result, investors holding these coins are particularly interested.
However, the market lacks detailed information about this strategic reserve. Where will the funding come from? Will it use seized assets or existing Treasury authority?
Additionally, the size of the fund and which assets might be added to the list might also be discussed at the White House Crypto Summit.
The Commerce Secretary also says President Trump will unveil the Bitcoin reserve strategy at the Summit. Other crypto assets will be treated positively but differently.
“The President definitely thinks that there’s a Bitcoin strategic reserve. Now there will be the question of, how do we handle the other cryptocurrencies? And I think the model is going to be announced on Friday when we do that.” Secretary Lutnick told The Pavlovic Today.
At least, for now, this strategic reserve could reinforce the legitimacy of cryptocurrencies, serving as a morale boost for long-term holders.
Crypto Tax Policy
Another potential topic of discussion is likely to be crypto tax reform. For a while now, Trump has been hinting at eliminating capital gains taxes on cryptocurrencies.
Lower taxes would reduce costs and increase profits for individual investors, potentially leading to reinvestment and boosting market activity.
In reality, completely eliminating capital gains taxes is unlikely due to potential opposition from Congress. However, a smaller adjustment, such as extending holding periods to reduce taxes, might be more feasible.
The White House Crypto Summit is taking place amid market uncertainty. The US trade war with other nations is heating up more than ever.
On Monday, Bitcoin dropped to $82,000 before recovering to its current level. Now, BTC retests $90,000 amid speculation of preferential treatment in Trump’s crypto reserve.
If the summit delivers positive news, it could reverse the downward trend. On the contrary, it could prolong the selling pressure, causing the market to continue falling further.
Therefore, investors should prepare for price volatility. This could be a “buy the rumor, sell the news” scenario, so users should avoid over-leveraging before the event. Consider your risk tolerance and investment goals.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Market
BNB Price Starts Fresh Increase—Can Bulls Sustain the Momentum?

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Market
Bitcoin Pepe’s presale nears $4m as BTC’s price hits $92k


Key takeaways
- BTC is trading above $92k after adding 6% to its value in the last 24 hours.
- The Bitcoin Pepe presale is approaching $4 million as stage six nears completion.
Bitcoin surpasses $92k on tariff news
BTC, the number one cryptocurrency by market cap, was bullish on Wednesday, adding over 6% to its value and allowing it to cross the $92k level. At press time, the price of Bitcoin stands at $92,263 and could surge higher in the near term.
Bitcoin’s rally can be attributed to tariff news as President Trump delays tariffs on auto parts from Mexico and Canada. The news eased investor worries and could push Bitcoin’s price higher in the coming hours and days.
What is Bitcoin Pepe?
As Bitcoin’s price crosses the $90k level, altcoins are also performing excellently. New projects are not left out as investors continue to push funds into exciting projects in the crypto market.
Bitcoin Pepe is an exciting project that seeks to revolutionise the Bitcoin ecosystem. It is approaching a key level in its presale, with investors pushing millions of dollars into the project.
Bitcoin Pepe is seeking to leverage the liquidity and security of the Bitcoin blockchain. It will use Bitcoin’s position in the market to introduce memecoins to its ecosystem.
The team revealed in its whitepaper that they are building a layer-2 network on the Bitcoin blockchain. Bitcoin Pepe will be a meme-specialized layer-2 solution built on top of Bitcoin, bringing Solana-style scalability to the Bitcoin network.
As a L2 network, Bitcoin Pepe will build a home for memecoin activities within the Bitcoin ecosystem. This will help it unlock decentralized finance (DeFi) and meme trading on top of BTC.
This project is also the first-ever meme initial coin offering (ICO) on the Bitcoin blockchain, making it the perfect fusion between BTC’s security and the unstoppable force of memecoins.
The utility will enable Bitcoin Pepe to combine high levels of trust (BTC) with high levels of performance (SOL) to capture high levels of retail mass adoption.
Bitcoin Pepe presale nears $4m
The Bitcoin Pepe presale has been running for three weeks and has raised $3.9 million. It is approaching the $4 million mark and will soon enter its seventh stage, with 23 more stages to go.
The native token, $BPEP, is available to investors via the Bitcoin Pepe website. The token can be purchased using various cryptocurrencies, including ETH, USDT, USDC, BNB, and SOL. In this sixth presale stage, $BPEP is going for $0.0268 and is set to increase to $0.0281 in the next stage.
Bitcoin Pepe’s utility makes this presale an excellent opportunity for investors as it could enable them to get in early on an exciting project.
Will Bitcoin Pepe boost the Bitcoin ecosystem?
The Bitcoin Pepe project will unveil products and services that could improve the Bitcoin ecosystem. Introducing DeFi and memecoin trading on Bitcoin could enhance the network’s utility, enabling it to compete with smart contract blockchains like Ethereum and Solana in terms of utility.
Bitcoin Pepe will enable developers to launch memecoins on the Bitcoin blockchain with ease. Memecoins will empower the Bitcoin blockchain to become home to a crazy high-octane meme experience.
The Bitcoin Pepe project intends to unlock Bitcoin’s $2 trillion dormant market cap, making it available for memecoin trading. The layer-2 network will provide the necessary infrastructure for all memes to migrate to BTC, ensuring security and liquidity for investors and users. Bitcoin Pepe’s native $BPEP token will power several activities within the ecosystem.
Should you buy the $BPEP token in its presale stage?
The Bitcoin Pepe presale is in its sixth stage, with the $BPEP token going for $0.0268 and increasing in the next stage. As the team develops its L2 network and other products, the presale could be an excellent opportunity to get in on the project, allowing investors to gain early exposure to the project.
Bitcoin Pepe will roll out memecoin trading to the Bitcoin ecosystem. This could increase the utility of the $BPEP token and could make it a top performer in the broader crypto market. The presale allows investors to purchase Bitcoin Pepe’s native token at a discount before it launches on centralised and decentralised exchanges.
Market
AXL Jumps 14% as Canary Capital Files for Axelar ETF

Asset Manager Canary Capital has filed an S-1 registration statement with the US Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tied to Axelar (AXL).
This marks the first-ever filing for AXL, the native cryptocurrency that powers the Axelar Network, setting the stage for the token’s institutional adoption.
Canary Capital Files for AXL ETF
The filing, which was submitted on March 5, outlines that the fund’s net asset value (NAV) will be calculated based on the price of AXL. However, specifics regarding the exchange where the ETF will be listed, its ticker symbol, and the custodian remain unspecified.
The proposed ETF builds on Canary Capital’s earlier efforts to bring Axelar to institutional investors. On February 19, the firm launched the Canary AXL Trust. The trust was Canary Capital’s first step into structured AXL offerings, and the ETF filing represents an extension of this effort.
“With Axelar driving some of the most advanced interoperability solutions in Web3, we see in AXL a significant opportunity for institutional investors to gain exposure to the technology underpinning next-generation blockchain connectivity,” Canary Capital’s CEO Steven McClurg said.
The news of the filing had an immediate impact on the market. AXL’s price jumped 14.3%, reaching $0.44.

Trading volume also spiked to $35.7 million. This marked a 131.8% increase from the previous day. With a market capitalization of $405.5 million, Axelar currently ranks 174 on CoinGecko.
Crypto ETFs Under Donald Trump: Opportunity or Bubble?
Canary Capital’s filing comes amid a broader surge in cryptocurrency ETF applications in the US, a trend that has accelerated since Donald Trump took office. According to Kaiko Research, more than 45 crypto ETF filings are currently pending SEC approval.
While Bitcoin (BTC) and Ethereum (ETH) ETFs have dominated the space, the scope has expanded to include unconventional assets like meme coins. Bitwise and Grayscale have filed for a Dogecoin (DOGE) ETF.
Moreover, the ETF filings from Rex Shares and Tuttle Capital feature newly launched meme coins like Official Trump (TRUMP) and Melania Meme (MELANIA).
Nonetheless, according to Kaiko Research, market depth, concentration, and trading structure present significant obstacles for non-BTC/ETH ETFs. Many altcoins associated with ETF applications suffer from shallow liquidity, making them more susceptible to price manipulation and volatility.
Additionally, most trading activity for these assets occurs on offshore platforms, creating transparency and regulatory oversight issues. The lack of sufficient USD trading pairs for certain assets further complicates their inclusion in ETFs, as these pairs are essential for accurate ETF valuations. Furthermore, the absence of regulated futures markets for many cryptocurrencies limits available trading strategies.
“All of these factors could limit the demand for more crypto-related ETFs going forward. While approval processes might change, market dynamics still have to catch up,” Kaiko noted.
For now, AXL has been added to a growing list of crypto ETF filings. However, its success—and that of similar ETFs—remains to be seen.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
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