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COINTURK NEWS > Economy > White House Press Secretary Reveals Positive Developments in Peace Process
Economy

White House Press Secretary Reveals Positive Developments in Peace Process

In Brief

  • The White House Press Secretary provided updates favoring cryptocurrencies.

  • Putin and Zelensky are prepared for direct negotiations.

  • Intel's clarified deal supports tech stocks with exemption akin to NVIDIA's.

İlayda Peker
İlayda Peker 11 months ago
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The White House Press Secretary was delivering remarks while this article was being prepared, elaborating on the details of the latest meeting. The progress made in the peace process with Russia remained unclear, leaving many questions unanswered. However, today’s statements have provided a bit more clarity and are favorable for cryptocurrencies.

Insights from Trump and Zelensky

Yesterday, we lacked definitive information on any resolutions made. Although the possibility of a third meeting was mentioned, details on Putin’s current stance were revealed in the recently begun White House statements. White House Press Secretary Leavitt conveyed the following:

“Putin has agreed to commence the next stage of the peace process. U.S. Secretary of State Rubio, U.S. Vice President Vance, and U.S. Special Representative Witkoff will ensure coordination with Ukraine. (Regarding security guarantees) U.S. troops will not be on the ground.

Putin and Zelensky are prepared to meet face-to-face. Preparations for the Zelensky-Putin meeting are underway. Trump anticipates this meeting will occur and is working towards it.”

Following the most recent statements, the Bitcoin (BTC) $64,105 price has momentarily halted its decline. In about half an hour, Fed member Bowman is expected to make statements, and given that he is one of two Fed members advocating for an interest rate cut, his commentary will be crucial.

Meanwhile, details regarding the Intel deal have reportedly been clarified. This is supportive for technology stocks and points to an exemption similar to the one Trump offered NVIDIA. The statements concluded at 20:48.

You can follow our news on X, Telegram, Facebook & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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İlayda Peker 19 August, 2025 - 8:52 pm 19 August, 2025 - 8:52 pm
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İlayda Peker
By İlayda Peker
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The author, who holds a degree in International Relations and Political Science, has 10 years of experience as a writer and editor in the fields of cryptocurrency, blockchain technologies, and digital asset markets.While at COINTURK, he has published over 8,500 news articles, analyses, essays, and reports on Bitcoin, altcoins, cryptocurrency markets, the blockchain ecosystem, digital asset regulations, and global financial developments. Closely following market movements and industry developments, the author addresses the complex world of cryptocurrency in a clear and reader-friendly manner.An avid reader, the author also evaluates the impact of international developments on financial markets and the digital asset ecosystem.
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