Trump’s Bitcoin Reserve Shouldn’t Include Altcoins – ‘Miscalculation,’ Says B...
On March 2, US President Donald Trump announced the inclusion of Bitcoin, Ethereum, XRP, Solana, and Cardano in a newly formed Crypto Strategic Reserve, an initiative designed to integrate these digital assets into the country’s broader economic and monetary plans. The immediate market reaction was significant: prices for many of the mentioned cryptocurrencies spiked, reflecting […]
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If you checked on the crypto market on Friday, you’ll have witnessed a bloodbath. Bitcoin plummeted, falling to below $80K at some points. But by this morning, everything had changed. US President Donald Trump’s announcement of a strategic crypto reserve to include $BTC, $ETH, and various altcoins – including $XRP, up over 4% over the […]
US President Donald Trump announced yesterday that altcoins will be included in the government’s crypto strategic reserve. It’s an interesting move that has been met with mixed reactions. Could we potentially see meme coin indexes being added to the reserve? Bitcoin was initially the only cryptocurrency expected to feature in the US crypto reserve. However, Trump’s recent announcement means Ether, XRP, Solana, and Cardano are also expected to be included. The cryptocurrency market has been buoyed by the news, with Reuters reporting a 10% increase in the hours following Trump’s announcement....
A leading cryptocurrency firm forecasted that Bitcoin price would surge next year, fueled by President-elect Donald Trump’s proposal for a US Strategic Bitcoin Reserve. Crypto company Blockware Solutions sees that Bitcoin could hit $400,000 per coin in a bull run if the proposed BTC reserve pushes through or still reach $150,000 in a bearish trend […]
Elon Musk, head of Tesla and SpaceX, joined President-elect Donald Trump’s team of Advisories, as did Uber CEO Travis Kalanick. Mr. Musk has made jaw-dropping comments on Bitcoin in the past. In an interview available on YouTube, Mr. Musk, who has been appointed to Trump’s Team of Advisories, describes his feelings on Bitcoin. “I think Bitcoin is probably a good thing. I think it’s primarily going to be a means of doing illegal transactions…But that’s not necessarily entirely bad. You know, some things maybe shouldn’t be illegal,” Mr. Musk, who said he did not own Bitcoin at the time,....
Crypto advocacy group Blockchain Association has reached out to US President-elect Donald Trump and the newly elected US Congress on ways to create a favorable regulatory environment for the digital asset industry. Related Reading: Strategic Bitcoin Reserve Possible Within Trump’s First 100 Days, Says Insider Trump’s Ideal Crypto Priorities For First 100 Days: Blockchain Association […]