While the idea of a reserve had been floated before, this marks the first time specific altcoins were highlighted, analysts told Cointelegraph.
Some altcoins charted massive 50%+ surges after Trump's statement.
There's been a lot of buzz around the idea of a U.S. Strategic Bitcoin Reserve, especially after Donald Trump's social media post fueled speculation. The U.S. government already holds around 200,000 BTC worth nearly $19 billion, mostly from seizures. If the U.S.
Strategy and Coinbase lead the crypto-equity rally in pre-market trading, both up double digits.
MetaMask is developing a multichain API that will allow dApps to connect to multiple blockchains simultaneously, both EVM and non-EVM.
Bitcoin (BTC) has made a notable rebound in recent days, rising 8% and trading at $93,202. The cryptocurrency is currently attempting to establish $93,625 as a key support level.
Metaplanet, an investment firm known for its Bitcoin acquisitions, made a significant move on March 3 by purchasing an additional 156 Bitcoin for approximately $13.4 million.
Schiff reluctantly accepted the idea of a U.S. Bitcoin reserve—but sees the inclusion of XRP as pointless.
Trump's crypto bombshell sent markets surging, with XRP, SOL, and ADA leading the charge before Bitcoin and Ethereum were added.
Brian Armstrong, CEO of Coinbase, feels that in building its crypto strategic reserve, the United States should concentrate on Bitcoin. Compared to gold, he says it is the best option.
Blockchain investigator ZachXBT questions the legitimacy of ADA and XRP in Trump's crypto reserve strategy, citing their lack of major stablecoin issuers, sparking debate over their role in the evolving crypto space. The post ZachXBT Questions ADA and XRP's Role in Trump's Crypto Reserve Strategy appeared first on Cryptonews.
The assets have been the best-performing top 20 cryptocurrencies in the last 24 hours.
XRP in the U.S. Strategic Reserve. Let that sink in.
On Sunday President Trump announced on Truth Social that he had directed a working group to move ahead with a Crypto Strategic Reserve. On the announcement, the crypto market took off.
Donald Trump announces a US Crypto Reserve, triggering a market rally. Bitcoin and Ethereum rebound after recent losses, but on-chain data signals mixed trends—what's next for the crypto market?
The US government's decision to establish a Strategic Crypto Reserve has ignited intense discussions, with industry leaders questioning its structure and asset selection. On March 2, US President Donald Trump revealed that his executive order had directed his administration to create a national crypto reserve.
It happened – Donald Trump named five cryptocurrencies that will form the US strategic reserve. Beyond Bitcoin ($BTC), the US government will buy Ethereum ($ETH), Solana ($SOL), Cardano ($ADA), and XRP ($XRP).
Anatoly Yakovenko, co-founder of the Solana project, has recently referred to the current state of bitcoin and its utility. On social media, Yakovenko stated that BTC had no value and could be considered insurance “in the best light.
Bitcoin's (BTC 6.56%) price reached its all-time high of more than $109,000 on Jan. 25. The approvals of its first spot price exchange-traded funds (ETFs) last January, its latest halving (which every four years cuts the rewards in half for mining new coins) last April, three interest rate cuts, and President Donald Trump's election victory last November all brought the bulls back to the top cryptocurrency.
CoinShares cited the Bybit hack, more hawkish US Fed rhetoric and the previous $29 billion buying strike as reasons for the record-breaking weekly outflows.
Japanese investment firm Metaplanet purchased 156 Bitcoin for $13.34 million, bringing its total holdings to 2,391 BTC, funded through a series of bond issuances.
Bitcoin (BTC) has reached a significant milestone, with its mining power surging past 750 exahashes per second (EH/s), an increase that underscores a remarkable growth in the network's security and stability. As the true hash rate nears 1,000 EH/s, Bitcoin's network has seen an impressive rise since mid-2020, when the hashrate stood at just 100 EH/s.
Metaplanet seeks to increase its BTC holdings to 10,000 BTC by the end of 2025.
The recent announcement by President Donald Trump regarding the creation of an American strategic reserve including several altcoins has shaken the market. While Bitcoin rose by 10%, its dominance in the crypto market briefly fell below the symbolic threshold of 50%, a first in a long time.
Bitcoin's volatility raises mixed signals; key levels to watch for potential market bottom and recovery.
White House crypto czar David Sacks confirms selling all personal cryptocurrency holdings before taking office while his firm maintains crypto startup investments, as Trump administration announces new crypto initiatives.
The recent slowdown in Bitcoin ETF selling isn't driven by Trump's crypto reserve plan but rather shifting market dynamics. Spot Bitcoin exchange-traded funds saw their largest outflows since launching in January 2024.
Are investors opting for safety over exposure to volatile assets?
Metaplanet now holds 2,391 BTC, with an average cost basis of $82,100.
Cardano's ADA token surged 70% to $1.19 after being named in President Trump's Strategic Crypto Reserve initiative, accompanied by increased network activity and whale accumulation.
President Donald Trump has reaffirmed his commitment to cryptocurrency by announcing plans for a US government-held digital asset reserve.
Bitcoin is trading above $90K after experiencing extreme selling pressure last week, which drove the price as low as $78,100 and broke through key demand levels. However, the market quickly recovered following President Trump's announcement that he plans to establish a U.S. strategic crypto reserve, including Bitcoin and select altcoins like XRP, SOL, ADA, and ETH.
Bitcoin's price surged 10% to over $93,000 after Trump announced plans for a U.S. strategic crypto reserve that would include five major cryptocurrencies, driving increased trading volume and renewed options market activity.
Bitcoin surged to $95,000 after Trump announced plans for a US Crypto Strategic Reserve, creating a record $10,350 CME futures gap and injecting over $300 billion into crypto markets despite cautious market sentiment.
Bitcoin (BTC) is facing a crucial moment, with its price action showing signs of a potential rally, yet key market factors remain divided. Despite recent challenges, including a 17.47% drop over the past month, there's hope that Bitcoin could replicate its impressive surge from August 2025.
Cardano price surged to a high of $1.175 on Monday, its highest level since December 12 last year. At its highest point, the ADA price was up by over 130% from its lowest level in February.
Donald Trump has once again stormed the bearish crypto market with the announcement of US crypto reserves for Bitcoin (BTC) and top altcoins like Ethereum (ETH), XRP, Solana (SOL), and ADA. However, market analysts believe that implementation of the same could be easier said than done.
Cardano's price is known for its sluggish trend. The price remains consolidated within a narrow range, due to which some label it as a dead coin or a stablecoin. To wake up the Cardano bulls, huge positive news was required, and the latest announcement of the Strategic Reserve served the purpose.
The debate about the future of fiat currencies and the rise of cryptocurrencies is intensifying. As the United States faces sustained inflation and record debt, some experts are questioning the viability of the traditional financial system.
March futures opened at $95K early today, gapping higher by over $9K from Friday's high.
Solana co-founder Anatoly Yakovenko sees Bitcoin not as an investment but as a form of insurance against the collapse of a major global power.
Bitcoin price jumps 10% to $95K after Trump announces a Strategic Crypto Reserve, fueling market optimism. Will BTC hold gains or face resistance? The post Bitcoin Price Surges Nearly 10% to $95K as Trump's Crypto Policies Boost Market Confidence appeared first on Cryptonews.
Coinbase CEO Brian Armstrong opines that only Bitcoin is the best option for a US crypto strategic reserve. Brian Armstrong also suggested creating a market-cap weighted index of crypto assets in case diversity is the priority.
Futures tracking ADA, XRP and SOL registered over $70 million in liquidations each, their highest such levels since September 2024, Coinglass data shows.
Japanese investment firm Metaplanet has announced the acquisition of an additional 156 bitcoin as part of its ongoing Bitcoin Treasury Operations, bringing its total holdings to 2,391 BTC. The latest purchase was made at an average price of approximately $86,160 (12,952,147 yen) per bitcoin, totaling about $13,440,377 (2.021 billion yen).
As Bitcoin (BTC) hovers near critical price levels, crypto investors focus on a packed week of US economic data releases that could sway market sentiment.
Cardano has surged more than 75% following its inclusion in U.S. President Donald Trump's proposed crypto strategic reserve plan. After the Mar. 2 crypto strategic reserve announcement by Trump, Cardano's (ADA) price skyrocketed, rising from a low of $0.
Bitcoin enjoys a major "Trump pump," but traders warn that fresh BTC price support retests are still a risk ahead of this week's key White House crypto summit.