US President Donald Trump on social media announced the names of five digital assets he expects to include in a new US strategic reserve of cryptocurrencies on Sunday, spiking the market value of each. Trump said in a post on Truth Social that his January executive order on digital assets would create a stockpile of cryptocurrencies including bitcoin , ether , XRP , solana and cardano . The names had not previously been announced. More than an hour later, Trump added: “And, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be at the heart of the Reserve.”

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

SBP maintains status quo on policy rate

The State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) on Monday…

Pakistan’s foreign exchange reserves drop to $12.65 b

The total liquid foreign reserves of Pakistan reached US$ 12.6560 billion while…

Rupee appreciates against dollar in interbank

Islamabad: The exchange rate of the Pakistani rupee strengthened by Rs. 2.96…