President Trump Reveals U.S. Crypto Reserve Bombshell — Sending BTC, ETH, Ripple’s XRP, Solana, And Cardano Rocketing ⋆ ZyCrypto
The post President Trump Reveals U.S. Crypto Reserve Bombshell — Sending BTC, ETH, Ripple’s XRP, Solana, And Cardano Rocketing ⋆ ZyCrypto appeared on BitcoinEthereumNews.com.
Advertisement     United States President Donald Trump has directed his Presidential Working Group on Digital Assets, led by executive director Bo Hines, to move forward on a Crypto Strategic Reserve. The prices of XRP, Solana (SOL), and other crypto assets have soared after Trump announced that the aforementioned tokens would be part of the strategic cryptocurrency reserve. A Crypto Strategic Reserve To Make US Crypto Capital Trump said Ripple’s XRP, Solana (SOL), and Cardano (ADA) — all regarded as U.S.-made cryptocurrencies — are three assets to be included in the strategic reserve. In his initial announcement, the president did not name Bitcoin (BTC) or Ethereum (ETH) — the two largest cryptocurrencies by market cap. However, he quickly clarified that the reserve would include these assets as well, indicating that they would be at the “heart of the reserve.” Writing on his social media platform Truth Social Sunday, Trump added that the move was a bid to make the country the “crypto capital of the world.” Advertisement   “A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden administration, which is why my executive order on digital assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA,” he said. “I will make sure the U.S. is the crypto capital of the world.” Trump previously promised to create a strategic Bitcoin reserve while giving a speech at the Bitcoin 2024 conference in Tennessee. Trump told the audience during his keynote speech: “I am elected, it will be the policy of my Administration — the United States of America — to keep 100% of all the Bitcoin the government currently holds or acquires into the future. We will keep a hundred percent.” The Federal government…
Filed under: News - @ March 2, 2025 8:21 pm