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Your email address will not be published.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

Pak, Russia agree to enhance cooperation

Islamabad: In a significant development at the second round of talks of…

“US debt crisis will cause emerging markets to suffer”: Moody’s

A report from Moody’s found that Stalled negotiations on raising the debt…

Indian state refiners pause Russian oil purchases, sources say

India’s state refiners have stopped buying Russian oil in the past week…

Pakistan signs pact with affiliate of World Liberty Financial on stablecoin

The federal government on Wednesday signed a memorandum of understanding (MoU) with…