Bitcoin hit a new height of $111,000 before U.S. President Donald Trump will hold a crypto restaurant dinner with leading industry leaders and investors. This is also given the new stability bill that has caused controversy and excitement among stakeholders.
Beyond these events, it is clear that the demand for cryptocurrencies like Bitcoin is in a good place. Take gambling as an example. In the past, fiat currencies were the only option for anyone to meet their needs, but now, cryptocurrencies have entered the mix. Latest articles as Igaming writer Carlos de Lanuza ValueWalk’s new Bitcoin casino list Highlights, almost every casino game can be played using cryptocurrency as the benchmark currency.
As of May 22, 2025, Bitcoin reached New all-time highs exceed $111,000. This is backed by several factors, including easing tensions between China and the United States, growing impacts of mainstream companies in the cryptocurrency world, and excitement for the incoming Trump crypto restaurant dinner.
US President Donald Trump has always been very Active in the blockchain space Over the past few years, I saw it reach a fever last year. From issuing crypto-themed merchandise to speaking at Bitcoin conferences, he named himself a candidate for the industry. Now that he has been re-elected, his support for the industry has not diminished.
Not only did he hold a crypto summit at the White House, but he also talked about the need Strategic crypto reserves. After launching his controversial meme coin, he will hold a high-profile dinner with some of his biggest investors and outstanding figures in the cryptocurrency space. Entering dinner requires Trump investors to spend the most time on tokens, and there are rumors that 220 winners have spent $394 million on tokens.
Other attendees included Tron’s founder Justin Sun. While this dinner is certainly striking, it is not without controversy. The Trump coin itself has sparked a major debate on the ethics of public office holders for releasing meme coins. This is exacerbated by the proposed bill that would prohibit such public officials from publishing meme coins. Then there is Wild fluctuations in the value of meme coinsmany experts say there are no tangible use cases.
But while the industry involves controversy and speculation, the main legislation is about to become a central phase. Trump’s AI and Crypto Tsar David Sacks is Promote genius behaviorThis is a legislation that will govern the Stablecoin space. As he said, there are trillions of dollars in the Stablecoin market that can benefit the U.S. Treasury Department. The Genius Act is passing the U.S. Senate and the entire cryptocurrency is getting more attention, and it will be very interesting to see if it finally passes, and if so, what impact will have.
