Prepare the encryption for another Trump earthquake after Bitcoin, XRP, Solana and Cardano Price Boom

03/03 update below. This post was originally published on March 02

Bitcoin, Major Cryptocurrencies Ripple XRP, Solana and Cardano rose up after Donald Trump revealed plans to create an encryption coding on the United States.

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Bitcoin launched $ 90,000 per bitcoin after Trump’s publication, although not initially naming as part of the planned US Crypting Reserve.

Both Ripple’s XRP and Ethereum Solana and Cardano-all of which are coded currencies-have increased between 20 % and 50 %.

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“The US encryption reserve will raise this critical industry after years of corrupt attacks conducted by the Biden Administration, which is why my executive order on digital assets has directed the presidential work group to move forward in a strategic coding reserve that includes XRP, Sol and Ada”, Trump, “Trump, to publish To his social account, in reference to Ripple’s XRP, Solana and Cardano and without mentioning Bitcoin.

“I will make sure that the United States is the world of encryption in the world. We are making America great again.”

In a follow -up post, Trump added: “It is clear that Bitcoin and Ethereum, other cryptocurrencies, will be the heart of the reserve. I also love bitcoin and ethereum.”

03/03 update: The attention of the Bitcoin and Crypto merchant has now turned into the upcoming Crypto White Crypto summit, which has been identified for next Friday, in which influential executive managers will meet encryption, founders and investors with representatives of the working group of digital assets.

“This announcement comes before the coding summit on Friday at the White House. Timing means that the expectations that reach Friday will be tangible.”
Jeff Kendrick, head of research, Tandard Charterd, said in the comments via email.

The organizational road map is expected to be, in addition to more details about the strategic reserve for encryption, as many analysts wonder how the strategic reserve for the proposed coding of Donald Trump.

“Yesterday’s suggestion lacks details of size and timing, and whether it will be managed by the Federal Reserve, a new or current current entity,” Andrew O’Neill, Managing Director of Digital Assets at the S& PLOBAL Ratses in the comments via e -mail. “The executive matter begins only on January 23 to explore the digital asset reserves, with recommendations to follow up.”

David Sachs, the White House AI and Crypto CZAR, has created criticism of the encryption reserve coming from the founder of Palantir Joe Lonsdale who complained about using tax dollars to finance “BRO coding”. send: “No one has announced a tax or a spending program. You may have to wait to find out what is already suggested,” which causes speculation that may include the American strategic encryption reserve.

“Peter Courtio Cesar David Sachs will shed more light on what will happen at the encryption summit to be held on Friday,” said Peter Quakov, CEO of the infrastructure infrastructure platform.

Bitcoin and the broader encryption market-including Ripple’s XRP, Solana and Cardano-after Trump’s electoral victory in November, where merchants are betting that he will continue his promises in his campaign to reformulate an organizational campaign in the era of Biden on the coding markets and companies.

“The launch of a strategic coding reserve in the United States represents a pivotal moment of digital assets, which reflects a great step in the government’s participation in the encryption industry,” said Federico Brooks, president of the United States Company at the exchange boxes in the exchange boxes (ETF).

In December, Trump He emphasized that he is planning to create a strategic reserve for American bitcoin. “We will do something great with Crypto because we do not want China, or anyone else … but others embrace it, and we want to advance,” Trump, Trump. He said CNBC.

“Yes, I think that,” Trump said in response to a question about whether the United States will create a strategic reserve for Bitcoin similar to the oil reserve.

In July, Republican candidate Donald Trump promised to create a “strategic national reserve for bitcoin” and expected bitcoin. Eclipse Gold Market is approximately $ 20 trillion during its appearance at the Bitcoin 2024 conference.

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In addition to plans to create the Bitcoin Reserve, Trump and his family-the leadership of Trump’s sons, Don Junior and Eric-were expanding their business in the world of bitcoin, encryption, and decentralized financing on Blockchain (Defi).

In January, Trump and his wife, Melania Mimikwins, fired twin, a form of encrypted currency that is circulating on the interest of society, which rose before its disruption. Both Memecoins are now trading more than 80 % of their highest levels ever.

The Trump -backed Evancial platform, an encryption platform, is expected to facilitate users who acquire the return through Stablecoins and allow them to borrow Bitcoin and Crypto, to buy many cryptocurrencies, including Bitcoin wrapped on the basis of ETHEREUM.

Meanwhile, Trump has taken the TMTG, which runs the Truth Social platform, and has recently announced its expansion in the world of encryption and financing, steps towards launching the Bitcoin (ETF) trading box-its course to compete with the likes of Wall Street Black Rock and accuracy.