On August 19, the White House will meet with Coinbase and Ripple: This time it’s not a photo op—it’s about setting the rules

The Trump White House will meet with executives from exchanges such as Coinbase and Ripple. This is a prelude to CFTC legislation—clearly bullish for the entire industry.

On Wednesday, August 19, Trump will meet executives from Coinbase, Ripple, Kraken, and prediction market companies at the Eisenhower Executive Office Building, kicking off a full week of regulatory meetings in Washington. Immediately after that, the first crypto advisory meeting by the CFTC will follow. Simply put: the U.S. attitude toward crypto is shifting from crackdown to cooperation this time—this is the White House putting its seal on it.

Market impact
- Short term: Expectations of looser regulation directly boost risk appetite. BTC is trading sideways at $63,029.9, XRP is hovering at $1.001 right at the integer level. Ripple is the party involved, and the first capital to bet on it, with sentiment then spreading to ETH.
- Mid term: If the CFTC framework is rolled out, U.S. crypto will move from enforcement regulation to legislative regulation. Compliance costs for exchanges will drop; the biggest beneficiaries will be top-tier platforms, lifting the entire industry’s valuation base.

My take
Bullish in the short term. BTC lacks catalysts, and the White House meeting plus the week of regulation is ready-made narrative. Holding $63,029.9 is a show of strength, and ETH is likely to catch up with a rebound around the $1,882 level. There’s only one risk: the meeting ends with only a photo and no substance—if expectations are missed, it will retrace. The viewpoint is laid out here: the direction is upward, but don’t assume expectations automatically become reality. In “news markets,” pullbacks often happen faster than the price action itself.

- Coin: BTC / ETH
- Direction: Bullish 📈 Predicting an increase
- Duration: BTC 12 hours / ETH 24 hours

❓ If you agree with the logic that “the White House stepping in means a regulatory shift,” give me a like and let me count how many people there are

$BTC $ETH #BTC #ETH

📊 Historical backtest
- After similar news like “Possibilities for Bitcoin’s Future as Trump Eyes Return to the White House Amid ” (2024-11-06) was released, BTC 12h moved up/down by +1.64%. The bullish call was correct ✅
- There were 282 bullish-type BTC news items in history. In 122 cases, the predicted direction matched the actual price action (accuracy 43%)

#XRP

⚠️ Not investment advice