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David Sacks to attend Bitcoin 2025 conference, sharing the stage with Winklevoss brothers According to official news from the Bitcoin Conference, David Sacks, the White House's director of cryptocurrency and artificial intelligence, will attend the Bitcoin 2025 conference on May 27, and will share his insights on Bitcoin and the crypto industry with the Winklevoss brothers, president and CEO of Gemini. The Bitcoin 2025 conference will be held from May 27 to 29 at the Venetian Conference Center in Las Vegas, USA.

⭐️ $NEAR Protocol’s New House of Stake Introduces AI Roles in Blockchain Governance, Including Assistants, Delegates, and Even an AI CEO NEAR Protocol is launching a “House of Stake,” a governance mechanism that will combine community voting with a unique AI role. The system uses the veNEAR (vote-escrow NEAR) concept, which rewards long-term participation in the protocol and provides decision-making power. It’s a reward for those who are serious about shaping the future of the protocol, rather than simply following voting trends. However, beyond the voting system itself, NEAR is developing a governance structure that includes a Screening Committee, Endorsed Delegates, and a Security Council. Additionally, what sets the “House of Stake” apart from just another project in the crypto space is its plan to bring AI into governance. They are developing AI assistants that can help understand complex proposals, AI delegates that can vote autonomously based on pre-agreed principles, and even an AI CEO that they say can make strategic decisions on behalf of the community. #NEAR #NEARprotocol

Bitcoin Weekly Forecast: BTC enters full price-discovery mode after seven straight weeks of gains : Bitcoin price stabilizes around $111,000 on Friday after reaching a new all-time high of $111,900 this week. Corporate accumulation, institutional demand, signs of easing regulations and fiscal woes in the US have fueled BTC’s rally. Investors continue to favor holding or investing in Bitcoin over rotating into altcoins, signaling further upside potential for BTC. Bitcoin (BTC) price stabilizes near $111,000 on Friday after reaching a new all-time high of $111,900 this week. BTC enters an uncharted territory as a perfect storm of corporate accumulation, institutional demand, signs of easing regulation and increasing concerns among investors about debt sustainability in the United States (US) have fueled bullish momentum. Corporate companies' interest in Bitcoin arises The week started with multiple signs of companies and banks' support and interest in Bitcoin. On Monday, Japanese investment firm Metaplanet announced that it had purchased an additional 1,004 BTC, increasing its total holdings to 7,800 BTC. On the same day, Indonesian fintech firm DigiAsia Corp announced its strategic decision to establish a Bitcoin treasury reserve. Additionally, CNBC reported on Monday that JPMorgan Chase would allow clients to buy Bitcoin, marking a significant step for the largest US bank, even as CEO Jamie Dimon has been a vocal critic. These announcements are positive for Bitcoin as they indicate a growing acceptance of BTC as a strategic asset, boosting its legitimacy and potentially driving long-term adoption. Later on Tuesday, Geoff Kendrick, Head of Digital Assets at Standard Chartered, published a projection saying that Bitcoin could reach $500,000 by 2029, citing growing institutional and government exposure through Strategy's stock holdings. The projection added more credibility when Strategy announced on Thursday that it intended to offer shares of up to 10% of its perpetual strife preferred stock for sale to raise $2.1 billion under an At-The-Market (ATM) program to buy more BTC Earlier on Monday, the firm acquired 7,390 BTC and has achieved a BTC yield of 16.3% year-to-date (YTD) in 2025, with a total holding of 576,230 BTC acquired for $40.18 billion at an average of $69,726 per BTC. Texas advances bill to create Strategic Bitcoin Reserve The Texas House of Representatives advances Senate Bill 21 (SB21), known as the Texas Bitcoin Reserve Bill, after its second reading on Tuesday. The bill proposes the creation of a Texas Strategic Bitcoin Reserve, allowing the state to invest in Bitcoin and other top digital assets. Only digital assets with a market capitalization of over $500 billion would qualify for inclusion. Currently, only Bitcoin meets that threshold. SB-21 heads to the Texas Governor’s desk for final approval, and the bill must pass out of the House Public Health Committee by Saturday to proceed to a final floor vote before the legislature adjourns in early June. Texas would become the third US state to establish such a reserve if enacted into law, following New Hampshire and Arizona. Similar initiatives in Florida, Wyoming, Montana and Pennsylvania have failed this year. Bitcoin price action enters uncharted territory The weekly chart shows that Bitcoin has entered a price-discovery mode after seven straight weeks of gains since early April. As of this week, it broke above the previous all-time high of $109,588 set on January 20 and continues to trade higher. If BTC continues its upward momentum, it could extend the rally toward a key psychological level of $120,000. The Relative Strength Index (RSI) on the weekly chart reads 68, pointing upward toward its overbought level of 70, indicating strong bullish momentum as it still has room for upside. The Moving Average Convergence Divergence (MACD) on the weekly chart also showed a bullish crossover, giving buy signals and supporting the bullish thesis. Moreover, it shows a rising green histogram above its neutral level of zero, indicating strong bullish momentum and continuation of an upward trend. If BTC faces a pullback, it could extend the correction to retest its key weekly support at $104,563. $BTC

On May 22, 2025, President Donald Trump hosted an exclusive black-tie dinner at his Virginia golf club for top investors in his meme cryptocurrency, $TRUMP. The event, attended by over 200 guests, was accessible only to individuals who had acquired substantial amounts of the coin, with some reportedly spending an average of $1.7 million for a seat. The dinner has sparked significant ethical concerns and bipartisan criticism. Critics argue that Trump is leveraging his presidential position for personal financial gain by engaging with anonymous and potentially foreign crypto investors. Notably, Chinese-born crypto billionaire Justin Sun, previously under U.S. investigation for alleged financial crimes, attended as a VIP guest. Sun is reported to be the largest holder of the $TRUMP memecoin. Lawmakers, including Senator Elizabeth Warren and other Democrats, have raised concerns about potential conflicts of interest and the blending of private business with presidential duties. Some Republicans have also expressed unease over the event's implications. The White House has defended the dinner as a private event unrelated to official presidential responsibilities. The dinner underscores ongoing debates about the intersection of politics and cryptocurrency, especially regarding transparency, ethics, and the potential for undue influence by wealthy investors.

President Trump's recent gala dinner for top holders of his $TRUMP meme coin has stirred significant attention, blending political influence with cryptocurrency investments. Here's an overview of the event and its implications for the crypto market: 🍽️ The $TRUMP Gala Dinner: An Overview On May 22, 2025, President Trump hosted an exclusive dinner at his Virginia golf club for the top 220 investors of his $TRUMP meme coin. Attendees secured their spots by purchasing substantial amounts of the cryptocurrency, with the top 25 investors reportedly spending over $111 million collectively . The event featured a VIP reception, and select guests received luxury items like limited-edition Trump Tourbillon watches. 📉 Market Impact and Investor Outcomes The announcement of the dinner led to a temporary surge in the $TRUMP coin's value, which had previously plummeted from a peak of approximately $75 to under $8 by April 2025 . However, analysis indicates that nearly 43% of the dinner attendees incurred combined net losses of $8.95 million since the token's launch in January . While a few wallets profited significantly, the majority of small investors faced losses, raising concerns about the coin's volatility and the risks associated with such investments. ⚖️ Ethical and Regulatory Concerns The intertwining of President Trump's political position with his cryptocurrency ventures has sparked ethical debates. Critics argue that the event blurred lines between public office and personal profit, with some labeling it as a potential violation of federal ethics rules . The White House maintains that the president's assets are managed through a blind trust, distancing official duties from personal financial interests . 🏛️ Legislative Responses and Future Implications In response to the dinner and its associated controversies, lawmakers have proposed legislation aimed at preventing government officials from engaging in cryptocurrency businesses. For instance, the "Stop TRUMP Act" seeks to address potential conflicts of interest arising from such activities . Additionally, the administration's broader crypto-friendly stance, including the establishment of a Strategic Bitcoin Reserve, indicates a significant shift in U.S. cryptocurrency policy . 🔍 Conclusion President Trump's dinner with $TRUMP coin investors underscores the complex intersection of politics and cryptocurrency. While the event highlights the growing mainstream acceptance of digital assets, it also raises questions about ethical boundaries and regulatory oversight. As the crypto market continues to evolve, the implications of such high-profile endorsements and events will likely influence investor sentiment and legislative actions.