Cryptocurrencies rallied on Sunday after President Donald Trump announced the creation of a U.S. strategic crypto reserve.
President Donald Trump announced the creation of a"strategic crypto reserve" that will include bitcoin, ether, XRP, Solana's SOL token and Cardano's ADA, in a post on Truth Social.Bitcoin had been in consolidation since the executive order on crypto issued in late January. It just closed its worst month since 2022."A U.S.
KBW says shares of MicroStrategy, now called Strategy, to jump nearly 70%, company may be added to S&P 500Much of the industry had a lukewarm response to the language. In addition to the specification of a stockpile over a reserve, use of the term"digital assets" suggested it could include other cryptocurrencies.
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