Trump Announces US Crypto Reserve Featuring Bitcoin, Ethereum, and Altcoins
- President Donald Trump announced plans for a U.S. Crypto Strategic Reserve, which will include Bitcoin, Ethereum, and lesser-known cryptocurrencies such as XRP, Solana, and Cardano.
- Trump's announcement led to a rise in cryptocurrency prices, with Bitcoin trading over $90,000 after previously dipping below $80,000.
- The inclusion of various cryptocurrencies is expected to face pushback within the divided cryptocurrency industry, as critics point to their volatility.
350 Articles
350 Articles
Trump's announcement that he wants a U.S. 'Crypto Strategic Reserve' sent crypto prices on short-lived surge
Cryptocurrency prices briefly jumped after President Donald Trump's surprise announcement he wants the U.S. government to purchase and hold a variety of digital assets in a strategic reserve fund, an announcement that highlights Trump's growing attempts to use volatile cryptocurrency prices as a barometer of his public support.
Bitcoin's back to where it started after strategic reserve spike (BTC-USD:Cryptocurrency)
Bitcoin (BTC-USD) on Monday erased the gains it scored on Sunday when President Donald Trump announced plans to build a strategic crypto reserve with bitcoin, ethereum (ETH-USD), XRP (XRP-USD), solana (SOL-USD), and cardano (ADA-USD).
'New level of corruption': New Trump monetary policy outrages critics
U.S. President Donald Trump's announcement Sunday of the names of digital assets he expects to include in a yet-to-be-established national cryptocurrency reserve was seen as his latest corrupt gift to an industry that pumped tens of millions of dollars into the 2024 election and Trump's inauguration. In a post to his social media platform Truth Social, Trump wrote that the new reserve will include Bitcoin, Ether, XRP, Solana, and Cardano. "I wil…
Trump proposal to create 'crypto strategic reserve' vexes some industry supporters
President Donald Trump said Sunday that he is directing his newly created digital assets working group to move forward on creating a “crypto strategic reserve” along the lines of existing U.S. reserves of gold and oil.
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