Bitcoin reached a brand new all-time excessive of $111,000, proper earlier than US President Donald Trump is ready to host his crypto dinner with main business leaders and traders. This additionally is available in gentle of a brand new stablecoin invoice that has courted controversy and generated pleasure from stakeholders.
Outdoors of those occasions, it’s clear that demand for cryptocurrencies like Bitcoin is in an excellent place. Take the world of playing, for instance. Prior to now, fiat forex was the one choice for anybody to get their wants met, however now, crypto has discovered its approach into the combination. As a current article by iGaming author Carlos De Lanuza for ValueWalk’s new bitcoin on line casino checklist highlights, nearly each on line casino sport will be performed utilizing cryptocurrency as a baseline forex.Â
As of Could 22 2025, Bitcoin reached a new all-time excessive of over $111,000. That is bolstered by a number of components, together with the easing of tensions between China and the US, the rising affect of mainstream companies within the crypto world, in addition to pleasure over the incoming trump crypto dinner.
US President Donald Trump has been very lively within the blockchain area for a number of years now, and final 12 months noticed it attain fever pitch. From the discharge of crypto-themed merch to talking at a Bitcoin conference, he branded himself because the candidate for the business. Now that he’s been re-elected, the help for the business has not waned.
He has not solely held a crypto summit on the white home however has spoken out in regards to the want for a strategic crypto reserve. After launching his personal controversial meme coin, he’s about to carry a high-profile dinner with a few of his greatest traders, in addition to standout figures within the crypto area. Gaining entry into the dinner required TRUMP traders to spend essentially the most on the token for a sure period of time, and it’s rumoured that the 220 winners spent a mixed $394 million on the token.Â
Different attendees embrace Justin Solar, the founding father of Tron. Whereas this dinner has definitely been excessive profile, it has not been with out its controversy. The Trump coin itself has sparked main debate across the ethics of a public workplace holder releasing a meme coin. This was exacerbated by a proposed invoice that will ban such public workplace holders from releasing meme cash. Then there was the wild fluctuation of the meme coin’s worth, which many consultants say has no tangible use case.Â
However whereas the business offers with the controversy and hypothesis, a serious piece of laws is about to take centre stage. Trump’s AI and crypto czar, David Sacks, is pushing for the GENIUS Act, a chunk of laws that will govern the stablecoin area. As he places it, there are trillions of {dollars} within the stablecoin markets that may profit the US treasury. The GENIUS Act is making its approach by the US Senate, and as cryptocurrency as an entire receives extra consideration, will probably be very fascinating to see if it lastly passes, and in that case, what the impression can be.Â
