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🌙 Bitcoin Drops Ahead of Trump’s White House Crypto Summit

Market volatility persists as Bitcoin and other major cryptos swing between gains and losses before the event.

Author

Mike Gavela
March 06, 2025

Crypto Roundup - March 6

Amid anticipation of a cryptocurrency summit at the White House, hosted by Trump, Bitcoin saw a significant price drop. In related news, Sui has partnered with Trump-backed World Liberty Financial to expand its blockchain operations. Meanwhile, Bitwise has made its first institutional DeFi allocation through Maple Finance, signaling growing confidence in decentralized finance from institutional investors.

Top Stories

  • Bitcoin price falls as the market reacts to the upcoming White House crypto summit.

  • Sui collaborates with World Liberty Financial to expand blockchain capabilities with significant political and financial backing.

  • Bitwise launches institutional DeFi investment through Maple Finance, marking a key development in DeFi’s acceptance by mainstream finance.

TOP STORIES

Bitcoin Drops Ahead of Trump’s White House Crypto Summit - "The Defiant"

Market volatility persists as Bitcoin and other major cryptos swing between gains and losses before the event.

thedefiant.io/news/markets/bitcoin-drops-ahead-of-trump-s-white-house-crypto-summit

Sui Partners with Trump-Backed World Liberty Financial in Blockchain Expansion - "The Defiant"

Layer 1 blockchain platform Sui today unveiled a strategic collaboration with World Liberty Financial (WLFI), a decentralized finance (DeFi) protocol linked to President Donald Trump.

thedefiant.io/news/blockchains/sui-partners-with-trump-backed-world-liberty-financial-in-blockchain-expansion

Bitwise Makes First Institutional DeFi Allocation via Maple Finance - "The Defiant"

The asset management firm is participating in Maple’s onchain credit fund.

thedefiant.io/news/defi/bitwise-makes-first-institutional-defi-allocation-via-maple-finance

FUNDRAISING

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Garantex says 'USDT in Russian wallets under threat' as Tether freezes $27M

Garantex was sanctioned by the EU in February as it stepped up its efforts to bring an end to “Russia’s war of aggression against Ukraine.”

protos.com/garantex-says-usdt-in-russian-wallets-under-threat-as-tether-freezes-27m

Andrew Tate struggles to pump memecoin amid Florida criminal inquiry

Five minutes after Andrew Tate shilled his DADDY token, its volume rose over $320,000 while only pumping 17% in market cap.

protos.com/andrew-tate-memecoin-florida-criminal-inquiry

Russian crypto hackers hit Ukraine Ministry of Foreign Affairs, report

Qilin claims that the data stolen from Ukraine’s Ministry of Foreign Affairs includes private correspondence and personal information. 

protos.com/russian-crypto-hackers-hit-ukraine-ministry-of-foreign-affairs-report

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