Coverage dated March 1, 2025 to March 3, 2025

Trump’s Crypto Reserve Hit With Unexpected Backlash From Billionaire Allies

Headline from Forbes, from the development of Mar 2, 2025

Newest development Mar 4, 2025 · 2 reportsEven the crypto bros don’t love Trump’s proposed crypto reserve

Trump’s plans for a crypto reserve including bitcoin and XRP drew skepticism from the likes of Coinbase’s billionaire CEO Brian Armstrong and Palantir cofounder Joe Lonsdale, as a crypto rally began fizzling on Monday.

Forbes's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Developments in this update

2 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.

  1. Names this update

    Trump’s Crypto Reserve Hit With Unexpected Backlash From Billionaire Allies

    Headline from Forbes ·

  2. Newest

    Even the crypto bros don’t love Trump’s proposed crypto reserve

    Headline from CNN ·

Reports & sources

29 articles, oldest first.

  1. Insider

    'Crypto Capital of the World': Trump selects cryptocurrencies for new strategic reserve (opens Insider)

    Published

    Insider's feed description

    President Donald Trump announced on Sunday a "Crypto National Reserve" that would include Ripple, Solana, Cardano, Bitcoin, and Ethereum.

  2. New York Post

    Trump unveils digital assets to be included in ‘crypto strategic reserve,’ sending Bitcoin, his memecoin and others soaring (opens New York Post)

    Published

    New York Post's feed description

    President Trump has unveiled the digital assets that he plans to include in the US crypto strategic reserve, causing the value of those coins, many of which had been in a slump, to skyrocket.

  3. FOX Business

    Trump moves 'crypto strategic reserve' forward, promises to elevate industry (opens FOX Business)

    Published

    FOX Business's feed description

    President Donald Trump says he signed an executive order creating a U.S. crypto reserve.

  4. NBC New York

    Trump announces strategic crypto reserve including bitcoin, Solana, XRP and more (opens NBC New York)

    Published

    NBC New York's feed description

    Cryptocurrencies rallied on Sunday after President Donald Trump announced the creation of a strategic crypto reserve for the United States.

  5. CBS News

    Trump says he's considering these 5 cryptocurrencies for new U.S. "strategic reserve" (opens CBS News)

    Published

    CBS News's feed description

    The president said he ordered a working group to move forward with the crypto reserve, which will include Bitcoin, Ethereum, XRP, Solana and Cardano.

  6. CNN

    Trump names cryptocurrencies in strategic reserve; prices spike (opens CNN)

    Published

    CNN's feed description

    U.S. President Donald Trump announced the names of five digital assets he expects to include in a new U.S. crypto strategic reserve on Sunday, spiking the market value of each.

  7. Forbes

    Trump Announces ‘Crypto Strategic Reserve’—Here’s What To Know (opens Forbes)

    Published

    Forbes's feed description

    Cryptocurrency prices soared Sunday in the wake of Trump’s announcement.

  8. Al Jazeera

    Trump names 5 cryptocurrencies for national reserve, sending prices soaring (opens Al Jazeera)

    Published

    Al Jazeera's feed description

    US president says Bitcoin, Ethereum, XRP, Solana, and Cardano will be included in ‘Crypto Strategic Reserve’.

  9. The Daily Dot

    Trump's announcement of Crypto Strategic Reserve dubbed 'world-historic' pump-and-dump (opens The Daily Dot)

    Published

    The Daily Dot's feed description

    Trump was accused of market rigging after he named specific currencies a U.S. Crypto Reserve might invest in.

  10. The New Republic

    Trump’s New Crypto Reserve Is Open Corruption (opens The New Republic)

    Published

    The New Republic's feed description

    Trump’s “crypto strategic reserve” is about to make one of the worst people richer.

  11. The Boston Globe

    Trump sends crypto prices soaring after surprise announcement of strategic government reserve (opens The Boston Globe)

    Published

    The Boston Globe's feed description

    The Trump administration is working toward creating a “Crypto Strategic Reserve” that will include lesser-known cryptocurrencies XRP, solana, and cardano.

  12. Quartz

    Bitcoin surges 20% in 3 days as Trump makes a big crypto promise (opens Quartz)

    Published

    Quartz's feed description

    Trump announced plans to create a strategic cryptocurrency reserve, shifting gears from his earlier promise to stockpile Bitcoin

  13. Forbes

    Trump’s Crypto Reserve Hit With Unexpected Backlash From Billionaire Allies (opens Forbes)

    Published

    Forbes's feed description

    Trump’s plans for a crypto reserve including bitcoin and XRP drew skepticism from the likes of Coinbase’s billionaire CEO Brian Armstrong and Palantir cofounder Joe Lonsdale, as a crypto rally began fizzling on Monday.

  14. Gizmodo

    Crypto Soars Then Plunges Following Trump’s Post About a Strategic Reserve (opens Gizmodo)

    Published

    Gizmodo's feed description

    The Trump Pump briefly sent the prices of five cryptocurrencies soaring, but they're already coming back down to Earth.

  15. UPI

    Trump announces U.S. strategic crypto reserve (opens UPI)

    Published

    UPI's feed description

    President Donald Trump has announced that the United States will create a strategic crypto reserve that will hold Bitcoin, Ethereum, XRP, Solana and Cardano.

  16. Forbes

    Trump’s Crypto Reserve: Is Ethereum Beating Bitcoin At Its Own Game? (opens Forbes)

    Published

    Forbes's feed description

    Trump’s Strategic Crypto Reserve of Bitcoin, Ethereum, XRP, SOL, and ADA, spark debate as ETH has expanded less than BTC in recent years, challenging sound money views.

  17. Quartz

    Trump wants a strategic cryptocurrency reserve. Crypto experts aren't a fan. Here's why (opens Quartz)

    Published

    Quartz's feed description

    Some crypto experts believe Bitcoin is the only cryptocurrency suitable for creating such a reserve

  18. Insider

    Trump wants America to stockpile crypto in a strategic reserve. Here's how that could work. (opens Insider)

    Published

    Insider's feed description

    President Donald Trump's announced a US crypto reserve of bitcoin, ether, XRP, sol, and ada. This is what they could achieve and how it might work.

  19. NBC News

    Trump proposal to create 'crypto strategic reserve' vexes some industry supporters (opens NBC News)

    Published

    NBC News's feed description

    President Donald Trump said Sunday that he is directing his newly created digital assets working group to move forward on creating a “crypto strategic reserve” along the lines of existing U.S. reserves of gold and oil.

  20. Forbes

    Trump’s Strategic Crypto Reserve And What It Means For Crypto And You (opens Forbes)

    Published

    Forbes's feed description

    The US Strategic Crypto Reserve signals a dramatic shift in the government’s stance on digital assets. It's impact is far reaching for the world.

  21. The Daily Caller

    Trump Sends Crypto Market Soaring After Announcing Five Coins Included In His Strategic Reserve (opens The Daily Caller)

    Published

    The Daily Caller's feed description

    President Donald Trump announced his administration is moving to create a U.S. “strategic reserve” of cryptocurrencies, sending digital asset markets surging.

  22. The Week

    Why is Trump's cryptocurrency reserve plan putting some economists on edge? (opens The Week)

    Published

    The Week's feed description

    As the White House moves forward with plans to create a US crypto reserve, financial experts and lawmakers are sounding the alarm

  23. CNN

    Even the crypto bros don’t love Trump’s proposed crypto reserve (opens CNN)

    Published

    CNN's feed description

    The crypto industry is getting everything it wanted under President Trump. The regulators that crypto firms have blamed for all of their problems have been gutted or made over with friendlier faces who are eager to drop lingering legal challenges.

  24. Quartz

    Trump wants a strategic crypto reserve. Here's how that might work (opens Quartz)

    Published

    Quartz's feed description

    A crypto expert shares insights on how Trump's plan might function

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

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