Crypto

Trump’s crypto reserve plan boosts Bitcoin, XRP, Solana, Cardano

Trump’s U.S. crypto reserve announcement boosts Bitcoin, XRP, Solana, and Cardano prices amid anticipation for more details at upcoming summit.

Published

12 months ago

March 4, 2025

ticker NEWS

Trump’s U.S. crypto reserve announcement boosts Bitcoin, XRP, Solana, and Cardano prices amid anticipation for more details at upcoming summit.

In Short

Bitcoin and major cryptocurrencies surged following Donald Trump’s announcement of a U.S. crypto reserve, with Bitcoin nearing $90,000 and XRP, Solana, and Cardano increasing by up to 50%. The reserve aims to bolster the cryptocurrency industry, and details will be discussed at an upcoming White House summit.

Bitcoin and major cryptocurrencies, including Ripple’s XRP, Solana, and Cardano, surged following Donald Trump’s announcement of a U.S.-focused crypto reserve.

Bitcoin’s value approached $90,000, drawing interest despite its absence from the initial reserve proposal. XRP, Solana, and Cardano saw increases of 20% to 50%.

Trump stated that the reserve aims to elevate the cryptocurrency industry, which he claimed had faced attacks from the Biden administration. He asserted a commitment to making the U.S. the leading hub for crypto.

In a subsequent post, he indicated that Bitcoin and Ethereum would also play significant roles in the reserve. Attention has shifted to an upcoming White House crypto summit, where industry leaders will discuss the reserve’s details.

Geoff Kendrick from Standard Chartered noted that concrete expectations are high for the summit, as a regulatory roadmap and more information regarding the reserve are awaited. Analysts question the practicalities of the proposed reserve, such as its management structure.

Criticism regarding financial implications has emerged, with discussions around the reserve possibly involving seized assets. David Sacks, White House crypto czar, downplayed concerns about tax funding.

Trump’s previous proposals included a strategic national Bitcoin reserve and forecasts regarding Bitcoin’s market potential. His family has engaged in crypto ventures, including memecoins and a platform to facilitate crypto-related financial services.

Crypto

Bitcoin falls below $67,000 as market sentiment wavers

Bitcoin falls below $67K amid sell-off; analysts cite interest rates and ETF flows as market pressures.

Published

1 week ago

February 12, 2026

Harvey Vargas

Bitcoin falls below $67K amid sell-off; analysts cite interest rates and ETF flows as market pressures.

Bitcoin has tumbled below $67,000, extending a recent decline as investor confidence wavers. The cryptocurrency stabilised near $67,000 after briefly dipping to around $66,996.

The sell-off follows Bitcoin falling below the $70,000 mark on February 5, with analysts from Deutsche Bank citing the fading ‘Tinkerbell effect’ as a key reason for the wavering valuation.

Additional pressures from the Federal Reserve’s interest rate policies and large ETF inflows and outflows have intensified the crash. Despite the turmoil, some analysts point to early signs of potential market stabilisation.

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#Bitcoin #CryptoNews #BitcoinCrash #CryptoMarket #CryptoUpdate #BitcoinTrading #MarketAnalysis #FinancialNews

Crypto

Bitcoin tumbles as volatility surges and analysts warn of more downside

Bitcoin drops 12% to 77,900 amid global market volatility; predictions vary on short-term recovery or further declines.

Published

3 weeks ago

February 3, 2026

Harvey Vargas

Bitcoin drops 12% to 77,900 amid global market volatility; predictions vary on short-term recovery or further declines.

Bitcoin has had a bruising week, slipping below 80,000 for the first time since April 2025 and trading near 77,900 as global markets turn risk off. The pullback has wiped more than 200 billion from the crypto market, with thin weekend liquidity accelerating the sell-off.

Volatility has surged after more than 2 billion dollars in bitcoin positions were liquidated since Thursday, intensifying price swings and unsettling investors. Analysts are divided, with some calling a potential short-term bottom near 70,000 while others warn the turbulence may not be over yet.

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Crypto

White House holds talks with crypto and banking executives on new rules

White House to meet with crypto leaders on federal legislation and stablecoin interest amid financial stability concerns.

Published

3 weeks ago

January 29, 2026

Harvey Vargas

White House to meet with crypto leaders on federal legislation and stablecoin interest amid financial stability concerns.

The White House is set to meet with banking and cryptocurrency leaders to push forward federal crypto legislation. Discussions will focus on stablecoin interest and financial rules under the Clarity Act.

The bill aims to provide clarity for digital assets but faces delays over competition and financial stability concerns. Crypto companies emphasise that offering interest is crucial to attract customers.

#CryptoNews #Stablecoins #FinancialRegulation