Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13067
Markets: 101140
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
13067
Cryptocurrencies
60.49%
Bitcoin Share
Cryptopolitan 2025-03-02 16:01:45

Trump announces a Crypto Strategic Reserve that includes XRP, SOL, and ADA

Trump announces a Crypto Strategic Reserve that includes XRP, SOL, and ADA

After long weeks of waiting, US President Donald Trump has finally decided to give the crypto industry what it wants the most; a strategic crypto reserve. The strategic crypto reserve will include the community’s favorite tokens, unlike his first attempt with a ‘Digital Asset Reserve’ that made vague references to everything but stablecoins. In a post on Truth Social today, Trump said: “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. I will make sure the U.S. is the Crypto Capital of the World. We are MAKING AMERICA GREAT AGAIN!” Solana, ADA, and XRP have all already reacted with 15%, 30%, and 20% increases respectively, per data from CoinGecko. Mr. Trump, however, kept out Bitcoin in his first post, just like he did in the Digital Asset reserve’s executive order. In the initial executive order, Trump made sure to emphasize over and over again that America really likes the idea of adding dollar-pegged stablecoins to balance sheets, because they make the greenback stronger. Tokens like USDT and USDC got a special mention and Trump said at the time that the United States is interested in “promoting and protecting the sovereignty of the United States dollar, including through actions to promote the development and growth of lawful and legitimate dollar-backed stablecoins worldwide.” Meanwhile, the crypto market has been struggling recently thanks yet again to Mr. Trump’s own actions, specifically trade wars and verbal attacks on Ukrainian president Volodymyr Zelenskyy. But what really rocked those three tokens in the strategic reserve was the Bybit hack that saw $1.5 billion in Ethereum taken from the notorious Lazarus Group, sending Bitcoin tumbling from $97,000 all the way to below $80,000, and hundreds of billions of dollars liquidated from the market for 3 days straight. At press time, ADA was worth $1 with a 54% increase on the 24 hour chart. SOL, which was the biggest loser in the market correction, was worth $168 with a 20% increase in 24 hours. XRP, however, was worth $2.75 with a 27.2% surge, per data from CoinGecko. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now

Most Read News



Cryptohopper
Market Cap
24h Vol
60.49%
Bitcoin Share
320
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.