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Your email address will not be published.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

India, China lead import of cheaper Russian oil

India and China have become the largest buyers of Russian oil as…

Pakistan to receive funds from IMF

Addressing a press conference in Islamabad, Finance Minister Shaukat Tarin said that…

Pfizer’s trial data shows long-term effectiveness in adolescents

Nov, 22: Pfizer Inc (PFE.N) announced on Monday that, its COVID-19 vaccine…

Turkish contractors complete $3.5B in projects in Pakistan

Turkish National Defence Minister Yasar Guler has said Turkish contractors have completed…