- USA
  location (geo:U.S., geo:the United States, geo:USA, geo:United States, org:the United States, geo:US, org:U.S., org:US)
- Donald Trump
  person
- Daniel Solander
  person

Trump Crypto Rally Fizzles Amid Skepticism on His Reserve Plan

Bloomberg News

Summary

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President Donald Trump is throwing his support behind the idea of creating a federal reserve of cryptocurrency assets — he specifically mentioned XRP, Solana, and Cardano, but not Bitcoin or Ethereum.
TechCrunch
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The assets rose 10% to 35% in trading on Sunday.
Hindustan Times
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President Donald Trump is scheduled to host the first ever cryptocurrency summit at the White House on Friday, signaling bigger changes for the industry under the new administration.
International Business Times AU
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Digital assets like Bitcoin rallied on the president’s backing for a strategic holding, but even some conservatives and industry backers disapproved.
The New York Times

■ Story #36 ▪

issue 88:88 ▪

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updated 88:88

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References

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The White House
Strengthening American Leadership in Digital Financial Technology
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