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news-imageMarch 5, 2025

Cardano's Path to Becoming a U.S. Reserve Asset: Challenges and Expert Insights

The conversation surrounding Cardano (ADA) as a potential U.S. reserve asset has been gaining traction, but experts remain divided on its viability. The idea, which initially started as part of a broader discussion on alternative cryptocurrencies, has sparked skepticism as analysts question whether ADA has the necessary characteristics to be classified alongside established assets like Bitcoin (BTC) or Ethereum (ETH).
Publisher: The Currency Analytics
Sentiment: Negative
ADA

More News Articles

Positive
cover-imageThe Currency Analytics
March 5, 2025

Cardano (ADA) Price Eyes $1.5 as Bullish Momentum Builds

Cardano (ADA) has been testing a pivotal price range, fueling optimism that it could soon reclaim the $1.5 mark. Despite the broader cryptocurrency market facing bearish pressure, ADA has demonstrated resilience, showing signs of strength as whales heavily accumulate the token.

Neutral
cover-imageBenzinga
March 5, 2025

Trump's XRP, Cardano Inclusion In Crypto Reserve Proposal Could Be Result Of 'Businessman' Instincts, MEXC's Tracy Jin Says

Tracy Jin, Chief Operating Officer of cryptocurrency exchange MEXC, on Wednesday attributed President Donald Trump's decision to include Cardano (CRYPTO: ADA) and Ripple‘s (CRYPTO: XRP) in the U.S. strategic crypto reserve to his businessman instincts, despite market skepticism and a subsequent Bitcoin (CRYPTO: BTC) price retreat. What Happened: Unveiled on Sunday, the reserve—set to include Bitcoin, Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), XRP, and Cardano—triggered a swift market reaction, with Bitcoin climbing from $85,000 to $95,000 before relinquishing all gains by Monday.

Positive
cover-imageCoingape
March 5, 2025

Cardano Price Eyes Breakout To $12 As Whales Bag 420M ADA

Cardano price has caught the eyes of investors today with its recent jump of nearly 20% nearing the $1 mark. Notably, the surge comes amid massive buying pressure by the ADA whales, especially after Donald Trump revealed plans to add altcoins like XRP, ADA, and SOL, to the US Reserve Asset list.

Negative
cover-imageBenzinga
March 4, 2025

Donald Trump's Bitcoin, XRP, Cardano Reserve Proposal Drives Wedge In Crypto Industry

The cryptocurrency sector, often unified in its push against traditional financial systems, is facing a deepening rift over President Donald Trump's proposal to create a U.S. strategic reserve of digital assets. What Happened: Unveiled in early March, the plan as ignited fierce debate over its implications for fiscal responsibility, economic equity, and the very ethos of the crypto movement.

Neutral
cover-imageBenzinga
March 4, 2025

Trump's Cabinet Holds Bitcoin, Solana, Ethereum—But No Cardano Or XRP

Following the announcement of a strategic crypto stockpile containing altcoins, several cabinet members of the Trump administration have drawn scrutiny for their crypto holdings. What Happened: In an X post on Tuesday, market commentator ‘The Pelosi Tracker' noted that Trump's proposed crypto strategic reserve has sparked debate, as several of his cabinet members hold substantial crypto assets.

Neutral
cover-imageBenzinga
March 4, 2025

Eric Trump Said 'Buy The Dips' In February, But Peter Schiff Isn't Buying The 'Genius' Bitcoin, XRP, Cardano Strategic Reserve Announcement

Eric Trump's recent comments on the strategic crypto reserve announcement have sparked mixed reactions, with some praising him while others criticize the Trump family's involvement in the industry. What Happened: In an X post on Monday, Eric Trump expressed gratitude after popular crypto trader AltcoinGordon credited his late-February “buy the dips” advice when Bitcoin (CRYPTO: BTC) dropped below $90,000 on Feb. 25.

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