Trump describes US strategic reserve “in front of” Cripto Summit “

In his social account, Donald Trump promised on Sunday. March, that now they headed forward with the creation of American “strategic reserves” in cryptocurremens. The idea was already on several occasions, because his election momentum in favor of this property 2024. years, but for which the president now gave the first specific details.

According to Trump, this American reserve will be composed of “valuable cryptocurrency”. Among them: XRP, Sol and Ada, mentioned in the initial message. Trump then added that “obviously” Bitcoin and Etherum, most famous and state cryptocurrency, would be part of this inventory, but did not provide any details on how it would be structured, evaluated or managed by the American administration.

This did not stop the value of these cryptocurries to tap temporarily 2. Marta. While Bitcoin and Ethereum returned between 10% and 15% after they lost money in recent weeks, it was mostly KSRP, Sol and Ada, and that they became significantly on Monday.

All three are among the highest quality American fans of cryptocurnancy. XRP is token Blokchain launched in 2013. year with San Francisco Basiran, which develops banking solutions. Salt is from Solana Blocchain, which is basically a very speculative memory ecosystem (cryptocurrency based on meme), and where they launched their cryptocurrencies in January in January. While Charles Hoskinson, the founder of Cardano Blockckain, in which the ADA is traded, he regularly claims to work on the precise adjustment of the American regulatory framework in direct connection with Trump Administration, of which trump fan.

First ‘cryptosummit’

These signals of protective care come at a time when the sector passed the early rose and sharp correction. In recent weeks, American foreign policy, marked by trading wars and increasing geopolitical tensions, encouraged the air conditioning climate that dropped the prices of cryptoasets. Bitcoin, for example, fell under $ 80,000 28. February, for the first time it happened from November. The speculators also stumbled various great failure, such as a catastrophic launch of the cryptocurration of Javier Mile in Argentina and theft of 1.5 billion dollars from the Bibit platform.

But these problems do not seem to affect the white house: February 28, we learned that the American president would organize his first “CRIPTO Summit” in Washington. Planned for 7. March, the meeting is to gather business leaders and investors from the sector, before the Trump is expected to deliver speech, in accordance with the press release on x Author: David Sacks, President’s Special Advisor on AI and Criptocurrency.