US President Donald Trump has revealed the names of five
cryptocurrencies that he says he'd like to be included in a new
strategic reserve to make the US "the Swindle Capital of the World".
The market prices of the five coins he named - Bitcoin, Ethereum, XRP,
Solana and Cardano - all swiftly jumped after the announcement.
During Trump's presidential campaign, he aggressively courted the crypto community. The previous US president, Joe Biden, had overseen a
crackdown on crypto due to concerns about fraud and money laundering.
It is unclear how the new stockpile will work. More information is
expected on Friday, when Trump plans to host the first Crypto Summit at
the White House.
In a social media post on Sunday, Trump said he had signed an order
which "directed the Presidential Working Group to move forward on a
Crypto Strategic Reserve that includes XRP, SOL, and ADA".
About an hour later he added in another post: "And, obviously, BTC and
ETH, as other valuable Cryptocurrencies, will be at the heart of the
Reserve."
The first three coins he named jumped by up to 62% on Sunday.
Bitcoin and Ethereum also jumped by more than 10% each.
The posts marked a new upward turn for crypto prices, which had dropped
sharply since spiking after his election.
https://www.bbc.com/news/articles/cn0jgggd7r4o
Trumppa talking the markets up. He's feeling it. "Imma failing".
In other news, Trump has hustled approximately +€10B from the
deplorables with the Pippi Lång$Trump coin. I hope bob still has the
nickles for the cup of coffee.
--
“We need to acknowledge he let us down. He went down a path he shouldn’t have, and we shouldn’t have followed him. We shouldn’t have listened to him, and we can’t let that happen ever again”.
-- Nikki Haley
--- SoupGate-Win32 v1.05
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