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coinpedia 2025-03-06 08:35:00

White House Crypto Summit: Trump’s Strategic Reserve Sparks Altcoin Revolution

The post White House Crypto Summit: Trump’s Strategic Reserve Sparks Altcoin Revolution appeared first on Coinpedia Fintech News The upcoming White House Crypto Summit , hosted by President Trump, is shaping up to be a game-changing event for the crypto industry. Analyst Miles Deutscher believes this could be the most significant crypto event of Q1, as it sets the stage for regulatory discussions and potential institutional adoption. Interestingly, the summit will feature top industry figures, including Coinbase CEO Brian Armstrong and Michael Saylor, and could bring major revelations about the U.S. crypto reserve strategy. Trump’s Strategic Crypto Reserve Following Trump’s announcement of the official U.S. crypto reserve, major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), XRP, Cardano (ADA), and Solana (SOL) are already confirmed to be included. Moreover, US Commerce Secretary Howard Lutnick confirmed a Bitcoin reserve with altcoins, though Bitcoin will have a special status. Now the big question is—what other altcoins could be added to the list? Given Trump’s focus on bringing crypto innovation back to the U.S., there’s a strong chance that American-made projects and assets with institutional backing will be prioritized. Analyst Miles Deutscher suggests watching ETF candidates, US-based tokens, Trump-backed coins, and projects at the summit, as those fitting multiple categories might gain the most. Altcoins Set to Boom Miles Deutscher has identified key altcoins that go perfectly with Trump’s strategy, dividing them into four categories: those with ETF filings, U.S.-based tokens, assets Trump has previously mentioned, and projects represented at the summit. Based on these factors, the top eight altcoins likely to gain attention include Bonk (BONK), Polkadot (DOT), Chainlink (LINK), Litecoin (LTC), Hedera (HBAR), Trump (TRUMP), Melania (MELANIA), and Avalanche (AVAX). Other notable U.S.-based projects with active community engagement include Filecoin (FIL), Sui (SUI), Aptos (APT), Near Protocol (NEAR), and Move (MOVE). Additionally, majors like Aave (AAVE), Stellar (XLM), and Ondo (ONDO) are on watch, especially given Trump’s previous connections with some of these projects. Altcoins inclusion, Is it a Bad Idea? This will be a big hit as investors await clarity on Bitcoin’s special status vs altcoins. Many analysts like Anthony Pompliano are raising concerns about adding centralised assets like XRP to the list without dismissal of the SEC lawsuit. We were promised a Strategic Bitcoin Reserve, not a smattering of altcoins. I will benefit financially from the proposed structure and I still think it is a bad idea. pic.twitter.com/XL1lzuNjHv — Anthony Pompliano (@APompliano) March 3, 2025 Market Impact and Risks While the event is expected to be a bullish catalyst in the long run, Deutscher warns of a potential “buy the rumor, sell the news” effect, meaning traders should be cautious about short-term price movements. Even with the U.S. reserve providing long-term support, short-term trading should be based on strong technical setups. With the summit just around the corner, all eyes are on these altcoins. Whether this will lead to a broader market rally or short-lived hype remains to be seen, but one thing is clear—crypto is now firmly on the U.S. political agenda. .article_register_shortcode { padding: 18px 24px; border-radius: 8px; display: flex; align-items: center; margin: 6px 0 22px; border: 1px solid #0052CC4D; background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%); } .article_register_shortcode .media-body h5 { color: #000000; font-weight: 600; font-size: 20px; line-height: 22px; text-align:left; } .article_register_shortcode .media-body h5 span { color: #0052CC; } .article_register_shortcode .media-body p { font-weight: 400; font-size: 14px; line-height: 22px; color: #171717B2; margin-top: 4px; text-align:left; } .article_register_shortcode .media-body{ padding-right: 14px; } .article_register_shortcode .media-button a { float: right; } .article_register_shortcode .primary-button img{ vertical-align: middle; width: 20px; margin: 0; display: inline-block; } @media (min-width: 581px) and (max-width: 991px) { .article_register_shortcode .media-body p { margin-bottom: 0; } } @media (max-width: 580px) { .article_register_shortcode { display: block; padding: 20px; } .article_register_shortcode img { max-width: 50px; } .article_register_shortcode .media-body h5 { font-size: 16px; } .article_register_shortcode .media-body { margin-left: 0px; } .article_register_shortcode .media-body p { font-size: 13px; line-height: 20px; margin-top: 6px; margin-bottom: 14px; } .article_register_shortcode .media-button a { float: unset; } .article_register_shortcode .secondary-button { margin-bottom: 0; } } Never Miss a Beat in the Crypto World! 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