Bitcoin is down 23% this year and crypto sentiment is at extreme fear. Yet nearly 400 of the biggest names in global finance just showed up at Mar-a-Lago for the Trump family’s World Liberty Forum, according to a CNBC Crypto World weekly recap.
Wall Street Meets Crypto at Mar-a-Lago
The event, hosted by Donald Trump Jr. and Eric Trump through World Liberty Financial, pulled in Goldman Sachs CEO David Solomon, Nasdaq CEO Adena Friedman, CFTC Chairman Michael Selig, Coinbase CEO Brian Armstrong, FIFA President Gianni Infantino, and Nicki Minaj.
The Trump brothers positioned the forum as a collision point for crypto and traditional finance.
“To be able to come back and now work with the best in crypto as well as the best in tradfi, get these people together to create efficiencies in a system that’s otherwise been totally undemocratized and broken and inefficient and slow,” they said.
Stablecoin Bill Could Hit the Finish Line by April
Senator Bernie Moreno (R-OH) said the CLARITY Act could become law by April. The bill passed the House last July but has been stuck in the Senate over one big fight: whether crypto platforms can offer yield on stablecoins. Banks want that blocked. The crypto industry says it should stay.
Coinbase CEO Brian Armstrong pushed back on reports that the industry killed the Senate Banking Committee’s earlier draft.
He said there’s now a clear path to a “win-win-win” for crypto, banks, and consumers.
Dragonfly Capital Just Raised $650M in a Bear Market
While retail traders pull back, Dragonfly Capital closed a $650 million fourth fund. The backers include JP Morgan, Harvard, and the Rockefeller Foundation.
Stablecoins are the firm’s number one bet. Portfolio company Rain went from near-zero last April to $4B+ annualized in stablecoin settlement with Visa.
“2025, 2026, we’re going to see a real acceleration of this sort of financial revolution and they wanted exposure to that,” general partner Rob Hadick said.
Bitcoin Drops While Altcoins Show Life
Bitcoin lost about 1.26% over the week and is now trading at $66,883. Ether slipped roughly 1% to $1,963, while XRP edged up 1.26% to $1.41.
Also Read : Why Is XRP Price Outperforming Bitcoin After the 2026 Crypto Crash? ,
Coinbase Institutional’s John D’Agostino offered a long-term bullish take, calling $100K a psychological turning point.
“There are emotional break points. 100,000 I think was an emotional break point on the upside where a lot of people who’ve been holding it since a thousand bucks, two thousand bucks said okay now I can kind of delever and take some risk off,” he said.
The legislation push, institutional bets like Dragonfly’s, and the sheer weight of the World Liberty Forum guest list all point in one direction. The money is moving, even if the price hasn’t caught up yet.
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author’s own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
