Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Trump says Crypto Strategic Reserve will include Bitcoin and Ethereum: Truth Social

Trump says Crypto Strategic Reserve will include Bitcoin and Ethereum: Truth Social

The BlockThe Block2025/03/01 16:00
By:By Zack Abrams

Quick Take In a new Truth Social post, Trump said his planned U.S. Crypto Reserve will include Bitcoin and Ethereum “at the heart of the Reserve.” Trump announced Sunday morning that the Reserve would also include Cardano, Solana, and XRP. Trump’s crypto executive order signed in January referred only to the creation of a digital assets “stockpile,” which would have key differences to a reserve.

Trump says Crypto Strategic Reserve will include Bitcoin and Ethereum: Truth Social image 0

President Donald Trump clarified on Truth Social that his planned Crypto Strategic Reserve will also have Bitcoin and Ethereum, the two largest cryptocurrencies by market capitalization, "at the heart of the Reserve." 

"I also love Bitcoin and Ethereum," Trump wrote . 

The clarification comes after Trump's post Sunday morning directing his Presidential Working Group on Crypto to "move forward" on the creation of a "Crypto Strategic Reserve" holding Cardano, XRP, and Solana. The price of all three cryptocurrencies jumped considerably following the announcement. 

However, observers were unsure whether the reserve would also hold BTC and ETH, given prior reporting that Trump was considering coins developed in the United States for an "America-first" reserve. 

Trump's crypto exeuctive order signed in January refers to a "national digital asset stockpile...potentially derived from cryptocurrencies lawfully seized by the Federal Government through its law enforcement efforts."

However, Trump's posts on Sunday mark the first time he referred to the stockpile as a "Crypto Strategic Reserve." The terms "reserve" and "stockpile" have been used interchangeably by some, but signify key differences. 

“From my understanding, a stockpile would mean that the government would hold onto the crypto they have accumulated from various cases whereas a reserve would ultimately be what the Treasury Department determines to purchase and hold," said Rebecca Rettig, chief legal officer at Jito Labs, in a prior interview with The Block .


0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Riot Platforms tops rival Marathon with Q2 earnings making all-time high

Share link:In this post: Riot reported $219.5 million in Q2 net income and $495.3 million in adjusted EBITDA. Bitcoin mining revenue surged to $140.9 million, driven by higher BTC prices and hash rate. Riot mined 1,426 BTC in Q2, with an average cost of $48,992 per coin.

Cryptopolitan2025/08/01 06:40

SEC rolls out ‘Project Crypto’ to make America the crypto capital of the world

Share link:In this post: The SEC has launched “Project Crypto” to overhaul its regulatory approach and establish the U.S. as the global leader in the crypto industry. The initiative aims to modernize outdated rules, create tailored frameworks for crypto asset classifications, and enable tokenized securities and on-chain trading. The SEC will promote flexible custody options and consolidated licensing for “super-apps.”

Cryptopolitan2025/08/01 06:40

UK business confidence sinks to record low, worse than pandemic levels

Share link:In this post: UK business confidence fell to a record low of –72 in July, worse than during the April 2020 COVID lockdown. 85% of surveyed executives say they no longer trust the government to restore growth. Company‐level confidence slid from +3 in June to -9 in July, the second-worst reading in a decade

Cryptopolitan2025/08/01 06:40
UK business confidence sinks to record low, worse than pandemic levels

Dollar surges as Asian, European and US stocks swing on Trump’s new global tariffs

Share link:In this post: The U.S. dollar surged after Trump announced global tariffs ranging from 10% to 41%. Asian, European, and U.S. stock futures fell sharply following the tariff update. Amazon dropped over 6% on weak guidance, while Apple rose 2% after strong earnings.

Cryptopolitan2025/08/01 06:40
Dollar surges as Asian, European and US stocks swing on Trump’s new global tariffs