CELEBRITY
Just in : “Crypto Prez’ Trump Gifts Industry With Move That Sparks Nearly $300B Rally” Read more…
Cryptocurrencies rallied on Sunday after President Donald Trump announced the U.S. will include five digital assets in a new strategic reserve, in a nod to an industry he promised a major windfall if elected.
Trump said, in posts on his Truth Social platform, that an executive order on digital assets he signed in January will see America build up a “crypto strategic reserve” of Bitcoin, Ether, XRP, SOL and ADA.
“I will make sure the U.S. is the Crypto Capital of the World,” he wrote. “We are MAKING AMERICA GREAT AGAIN!”
As of Sunday afternoon, the digital assets rose from 9 percent to 58 percent. Their inclusion in the planned reserve had not been previously disclosed by Trump’s administration.
Across the entire global industry, the market capitalization rose about $270 billion to just over $3.18 trillion in the two hours after the announcement, according to CoinGeck.
Trump, who has promised to the be the country’s “first crypto president,” initially sparked some confusion by only explicitly mentioning XRP, SOL, and ADA as being included in the new national crypto stockpile, before clarifying that Bitcoin and Ether, the two largest cryptocurrencies by market cap and which he expressed “love” for, “will be the heart of the reserve.”
He did not immediately state how the new reserve will be set up or function and if he will seek to establish it with congressional approval or through executive powers.
Trump—whose family has crypto interests in decentralized finance platform World Liberty Financial and multiple struggling meme coins—won widespread backing in the crypto industry during the 2024 campaign by promising to introduce a wave of friendly policies.
That stance contrasted with the Biden administration, which tasked regulators to crack down on financial crimes and money laundering in the sector in order to protect American consumers.
Trump first floated the idea of creating a national bitcoin stockpile at a bitcoin convention in Nashville last July.
That led to a rush of investors piling into BTC after his election, hoping the asset would soon be boosted with the backing of the world’s most powerful economic actor: the almighty US government.
People Are Coming Out As Fins**ual – Here’s What It Means
SAD NEWS!! Fans around the world have shed tears and prayed for Jay Z and Beyoncé’s son, Sir Carter, following the heartbreaking announcement…
When duty met love, humanity shone through the storm. After Hurricane Otis left Acapulco in ruins, police officer Arizbeth Dionisio Ambrosio searched the wreckage for survivors. Amid the chaos, she found a four-month-old baby hungry, crying, and weak. With nothing else left, the officer did what only compassion could command: she nursed the child herself. No cameras, no orders just an act of pure humanity. The photo of that quiet moment spread across the world, reminding us that true strength isn’t always in power, but in tenderness. For her selfless act, Arizbeth was promoted not just in rank, but in spirit.
” BREAKING: Stefon Diggs Rushing to Tie the Knot with Cardi B — But a Shocking Twist Looms! Stefon Diggs is reportedly preparing a lavish wedding with Cardi B, sparking excitement and speculation across social media. Sources claim the couple has been planning the event down to the tiniest detail, from luxury venues to star-studded guest lists, signaling one of the NFL’s most talked-about ceremonies. Everyone is on edge, eager to see if the wedding goes off as planned or if a dramatic turn of events will change everything. Read the full story here:
“The Mahomes family just melted the internet!” Patrick & Brittany finally revealed baby Golden Raye’s face — and fans can’t stop gushing over her! ✨ From the soft curls to that radiant smile, this little one has already stolen millions of hearts. See the photos that prove family is Patrick’s greatest victory READ NOW:
HE NEEDS TO PAY Beyoncé’s daughter Blue Ivy has revealed for the first time the reason behind her lengthy absence and spoken out against the man who ruined her life. Don’t scroll past, because you definitely know him…
EXCLUSIVE: Sophie Rain Unleashes Bombshell Confession About Her S3x Life While Responding To Shaq Hookup Rumors
Beyoncé’s daughter Blue Ivy Carter has welcomed her newborn baby home, and is filled with joy and happiness! Fans around the world are sending their warmest congratulations to the Blue Ivy family as they welcome their newest little addition…
Travis Kelce and Kim Kardashian have been spotted together at Kim’s private party. Furious Taylor Swift feels “BETRAYED” by Travis’ closeness with Kim, sparking outrage among fans… but that’s not all, as a shocking video confirms the pop star’s worst fears. “If you were in Taylor’s shoes, what would you do after seeing this Video?!” see more:
Donald Trump’s Son Shares Shock Statement On Melania ‘Divorce’
Kim Kardashian Reveals Why She Failed The Bar Exam
