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Trump Announces U.S. Crypto Reserve Featuring Bitcoin, Ethereum, and Altcoins

The initiative aims to establish a national crypto reserve, including Bitcoin, Ethereum, XRP, Solana, and Cardano, to bolster U.S. leadership in digital assets.

A Bitcoin enthusiast poses for pictures during the kick-off of the Plan B Forum El Salvador, in San Salvador, El Salvador, January 30, 2025. REUTERS/Jose Cabezas/File Photo
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Overview

  • President Donald Trump revealed plans for a U.S. strategic crypto reserve, emphasizing Bitcoin and Ethereum as its core components.
  • The reserve will also include altcoins such as XRP, Solana (SOL), and Cardano (ADA), a decision that has sparked discussions about their inclusion alongside Bitcoin and Ethereum.
  • Trump's executive order directs the creation of a regulatory framework for digital assets and evaluates the use of cryptocurrencies seized by the government to form the reserve.
  • The announcement led to significant market reactions, with Bitcoin prices rising over 10% and altcoins like Cardano and XRP experiencing even larger percentage gains.
  • Industry leaders and policymakers, including Senator Cynthia Lummis, are engaging in discussions to shape the reserve's structure, with a White House Crypto Summit scheduled for March 11.