Trump Unveils Crypto Reserve Plan, Names Five Key Coins
President Donald Trump has revealed plans to create a national cryptocurrency reserve, selecting five major digital assets to be included in the initiative.
Immediate Price Surge in Named Cryptocurrencies
Following Trump’s announcement, Bitcoin, Ethereum, XRP, Solana, and Cardano experienced notable price increases as investors reacted positively to the news.
Policy Reversal: From Biden’s Restrictions to Trump’s Support
Trump’s approach represents a stark contrast to the Biden administration’s previous stance on crypto regulation, suggesting a shift toward government acceptance of digital assets.
Awaiting Further Clarifications From the White House
Details on the structure of the reserve remain vague, with additional information expected at the upcoming White House Crypto Summit hosted by Trump.
Trump ’s Changing Stance on Cryptocurrency
Despite once labeling Bitcoin a scam, He has embraced digital assets in recent months, prompting speculation about his newfound enthusiasm and its implications.
relevant news: HERE
