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.
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Trump’s Crypto Reserve Hit With Unexpected Backlash From Billionaire Allies
Headline from Forbes ·
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Even the crypto bros don’t love Trump’s proposed crypto reserve
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.
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.
The Trump administration is working toward creating a “Crypto Strategic Reserve” that will include lesser-known cryptocurrencies XRP, solana, and cardano.
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.
President Donald Trump has announced that the United States will create a strategic crypto reserve that will hold Bitcoin, Ethereum, XRP, Solana and Cardano.
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.
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.
President Donald Trump announced his administration is moving to create a U.S. “strategic reserve” of cryptocurrencies, sending digital asset markets surging.
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.