• Cryptopolitan
  • Posts
  • Markets react: Trump, whales & the Fed in focus

Markets react: Trump, whales & the Fed in focus

Whales are moving, the Fed is under fire, and the White House is making crypto history. Get the latest.

Author

Cryptopolitan News
March 06, 2025 • Estimated Reading Time: 7 minutes

Welcome to the first edition of the Cryptopolitan Daily.

We’re thrilled to have you here as we kick off this new chapter. Our mission is to bring you sharp, timely, and relevant insights into the crypto industry, every single day. From market moves to regulatory shifts, we’ll keep you informed on what matters most.

Market-moving headlines 🔥

Trump’s World Liberty Financial buys $21.5M in crypto.

Trump-backed World Liberty Financial snapped up $20M+ in ETH, WBTC, and MOVE.

Whale deposits to Binance hit a three-month high—market shift ahead?

Large Bitcoin holders are moving billions to Binance, signaling profit-taking or a strategic market play.

U.S. Congressman moves to abolish the Federal Reserve. Again.

Rep. Thomas Massie has reintroduced a bill to permanently shut down the Federal Reserve. He’s pushing for a full "Audit the Fed" bill as calls for transparency grow louder.

U.S. seizes Russian crypto exchange Garantex website

The U.S. Secret Service, in collaboration with the FBI, Europol, and DOJ, has seized Garantex’s website, citing its links to ransomware hackers and darknet markets.

All eyes on DC: Trump’s crypto agenda takes center stage

A Truth Social post from Donald Trump sent shockwaves through crypto. His "Crypto Reserve" announcement—on a Sunday, no less—reinforced that crypto never sleeps.

Trump unveiled plans for a strategic reserve holding XRP, Solana (SOL), and Cardano (ADA), triggering an instant market surge. Cardano jumped 60% to $1.25, Solana hit $170, and XRP spiked to $3.

But as the market rallied, the crypto community fixated on what was missing—Bitcoin and Ethereum.

Debates erupted, speculation ran wild, and the reaction was so intense that Trump had to clarify—assuring that Bitcoin and Ethereum would be central to the reserve. The market responded instantly: Bitcoin soared past $95K, and Ethereum hit $2,500.The crypto community quickly coined the term: “The Trump Rally.”

Was this just a social media post or something big in the making?

Before Trump's Crypto Reserve announcement, an anonymous whale made waves—depositing $6 million into Hyperliquid and leveraging it 50x into a $200 million bet. Analysts took notice as Bitcoin and Ethereum remained weak, showing only mild recovery.

Such a bold move without prior knowledge sparked insider trading concerns. But speculation alone wasn’t enough to derail what came next. Trump pressed forward with his plan.

The first ever White House Crypto Summit

March 7, 1:30 PM ET: A Defining moment for crypto

Today, at 1:30 PM ET, the course of the crypto industry could shift dramatically. This event - one of the most anticipated in recent history - has the potential to reshape market sentiment, policy outlooks, and the broader regulatory landscape.

We will be covering the developments live on our X account (@CPOfficialtx)—bringing you real-time insights as they unfold. Stay tuned.

The Summit’s guest-list

The confirmed lineup includes Michael Saylor, Brian Armstrong, and the Winklevoss twins—further reinforcing the pro-crypto stance of the event.

But not everyone is thrilled.

  • Cardano’s Charles Hoskinson: "We did not get an invitation. I assume I’m not welcome at the White House. I don’t expect much policy work to happen."

  • Solana’s Anatoly Yakovenko: "If you want decentralization to fail, put the government in charge of it." He opposes state-controlled reserves.

These reactions are notable—both ADA and SOL were part of Trump’s Digital Asset Reserve announcement, yet their founders remain skeptical.

"A bitcoin strategic reserve is something the President's interested in. He spoke about it all during the campaign trail, and I think you're going to see it executed on Friday," Lutnick said.

Why is DC interested in a Bitcoin Reserve?

David Sacks, revealed that over the past decade, the U.S. federal government liquidated around 195,000 Bitcoins for $366 million. Had they been held instead, their value would now exceed $17 billion—marking a substantial financial loss for American taxpayers.

What to expect

The first-ever Crypto White House Committee is a bold step toward turning campaign promises into action. This could signal a major shift in U.S. crypto policy, paving the way for institutional adoption, clearer regulations, and mainstream legitimacy.

However, policy moves of this scale don’t happen overnight. This meeting is just the first step in a long bureaucratic process—one that will require extensive debate, negotiation, and regulatory approvals before anything takes shape.

Still, today’s discussions could set the tone for the future of the industry—and we’ll be following every development closely.

Crypto parody

Disclaimer: This section is purely satirical and meant for entertainment purposes only. While we enjoy a good laugh about the crypto space, none of this should be taken as financial advice or factual reporting. DYOR and trade responsibly!

Was President Trump's claim for El Salvador’s Bitcoin Reserves just a ploy to stack more for the US Reserve?