• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

How the Trump Administration Might Influence Cryptocurrency Reserves

user avatar

by Giorgi Kostiuk

a year ago

As Donald Trump's inauguration as US President approaches, interest is growing in potential changes to the strategic cryptocurrency reserve.

Plans to Include New Altcoins

Donald Trump recently announced that the strategic reserve could include not only Bitcoin (BTC) but also other altcoins, which has drawn significant attention.

Mark Yusko's Statement

Morgan Greek Capital CEO Mark Yusko expressed that the Trump administration might add altcoins such as XRP, Cardano (ADA), and Hedera (HBAR) to the US strategic reserves.

Yusko noted that these initiatives could be driven by developing relationships between the altcoin founders and the Trump family.

Potential Market Impact

Yusko emphasized that the inclusion of these altcoins in the reserves could have a significant impact on the crypto market, although this may not happen in the first 100 days of the new administration.

The possible expansion of US reserves in the cryptocurrency market could significantly affect the industry's development.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Ethereum Market Shows Signs of Cooling as Temperature Approaches Cold Levels

chest

Recent analysis by Alphractal indicates that Ethereum's market temperature is nearing cold levels, suggesting a potential for long-term accumulation.

user avatarLuis Flores

Ethereum Staking Reaches Historic Milestone as Over 50% of Supply is Locked

chest

Ethereum's staking ecosystem has reached a significant milestone with over half of its total supply now staked.

user avatarArif Mukhtar

Brian Armstrong Addresses Bitcoin's Price Decline

chest

Coinbase CEO Brian Armstrong discusses Bitcoin's recent price decline, attributing it to market psychology and reassuring investors about its long-term value.

user avatarMaria Gutierrez

Robert Kiyosaki Warns of Imminent Stock Market Crash

chest

Robert Kiyosaki warns of an imminent stock market crash that may impact Bitcoin and Ethereum, suggesting they as safe havens.

user avatarAndrew Smith

Kiyosaki Prefers Bitcoin Over Gold Amid Market Downturn

chest

Kiyosaki expresses preference for Bitcoin over gold due to its capped supply.

user avatarDavid Robinson

Crypto Expert Predicts XRP Could Reach Base Price of $10,000

chest

Crypto expert Remi predicts that XRP could reach a base price of $10,000 due to the potential implementation of a U.S. Crypto price floor system and the tokenization of assets on the XRP Ledger.

user avatarJacob Williams

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.