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US CRYPTO RESERVES
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 Crypto 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.
From Bitcoin to XRP: Key cryptocurrency terms and what they mean
The posts marked a new upward turn for crypto prices, which had dropped sharply since spiking after his election.
Shortly after taking office in January, Trump signed an executive to create a presidential working group tasked with proposing new crypto laws and regulations.
The order called on the group to "evaluate the potential creation and maintenance of a national digital asset stockpile" that could use "cryptocurrencies lawfully seized by the Federal Government through its law enforcement efforts".
It is unclear whether creating a new national strategic stockpile would require an act of Congress.
Trump had previously been a crypto critic, telling Fox News in 2021 that Bitcoin is a "scam".
But in recent weeks, both he and his wife Melania Trump have launched their own cryptocurrencies, leading to accusations that they are trying to profit from his White House policies.
#USCryproReserve $XRP
#USCryptoReserve
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.
From Bitcoin to XRP: Key cryptocurrency terms and what they mean
The posts marked a new upward turn for crypto prices, which had dropped sharply since spiking after his election.
Shortly after taking office in January, Trump signed an executive to create a presidential working group tasked with proposing new crypto laws and regulations.
The order called on the group to "evaluate the potential creation and maintenance of a national digital asset stockpile" that could use "cryptocurrencies lawfully seized by the Federal Government through its law enforcement efforts".
It is unclear whether creating a new national strategic stockpile would require an act of Congress.
Trump had previously been a crypto critic, telling Fox News in 2021 that Bitcoin is a "scam".
But in recent weeks, both he and his wife Melania Trump have launched their own cryptocurrencies, leading to accusations that they are trying to profit from his White House policies.
#USCryproReserve $XRP
#USCryptoReserve
#USCryproReserve
President Trump has announced plans for a "Crypto Strategic Reserve," which would set up the United States to buy and sell cryptocurrency and could be a game changer for the industry.
In posts on Truth Social on Sunday, Trump said a reserve was in the works as part of his executive order on digital assets issued in January. He said the reserve is slated to hold five cryptocurrencies — bitcoin, ether, XRP, solana and cardano.
After a record-setting 2024, many analysts believe bitcoin and other cryptocurrencies could see another big surge this year.
Business
Is this bitcoin's golden moment? These are 3 key things to watch for cryptos in 2025
The prospect of a reserve is a major step in Trump's vision to establish the U.S. as the crypto capital of the world — which was one of his promises during his bid for president last year.
President Trump has announced plans for a "Crypto Strategic Reserve," which would set up the United States to buy and sell cryptocurrency and could be a game changer for the industry.
In posts on Truth Social on Sunday, Trump said a reserve was in the works as part of his executive order on digital assets issued in January. He said the reserve is slated to hold five cryptocurrencies — bitcoin, ether, XRP, solana and cardano.
After a record-setting 2024, many analysts believe bitcoin and other cryptocurrencies could see another big surge this year.
Business
Is this bitcoin's golden moment? These are 3 key things to watch for cryptos in 2025
The prospect of a reserve is a major step in Trump's vision to establish the U.S. as the crypto capital of the world — which was one of his promises during his bid for president last year.
#USCryproReserve
Pasar sedang mengalami volatilitas yang signifikan karena sentimen bullish yang berkembang seputar #USCryptoReserve pada hari Jumat ini. Banyak investor dan trader yang merasa optimis terhadap perkembangan terbaru ini, yang diharapkan dapat membawa dampak positif bagi industri kripto secara keseluruhan.
Mari kita berharap agar Trump tidak mengecewakan kita lagi dengan kebijakan yang merugikan, seperti yang pernah terjadi sebelumnya terkait dengan aturan tarif, perang dagang, dan sanksi terhadap negara lain yang membuat ketidakstabilan ekonomi.
Selain itu, saya juga sangat berharap bahwa Presiden akan memberikan pernyataan yang mendukung dan positif mengenai mata uang kripto yang telah dirancang untuk disimpan dalam US Crypto Reserve, sehingga semakin memperkuat kepercayaan pasar dan mendorong pertumbuhan ekosistem kripto.
Pasar sedang mengalami volatilitas yang signifikan karena sentimen bullish yang berkembang seputar #USCryptoReserve pada hari Jumat ini. Banyak investor dan trader yang merasa optimis terhadap perkembangan terbaru ini, yang diharapkan dapat membawa dampak positif bagi industri kripto secara keseluruhan.
Mari kita berharap agar Trump tidak mengecewakan kita lagi dengan kebijakan yang merugikan, seperti yang pernah terjadi sebelumnya terkait dengan aturan tarif, perang dagang, dan sanksi terhadap negara lain yang membuat ketidakstabilan ekonomi.
Selain itu, saya juga sangat berharap bahwa Presiden akan memberikan pernyataan yang mendukung dan positif mengenai mata uang kripto yang telah dirancang untuk disimpan dalam US Crypto Reserve, sehingga semakin memperkuat kepercayaan pasar dan mendorong pertumbuhan ekosistem kripto.
$BTC
#WhiteHouseCryptoSummit #USCryproReserve
BTC (Bitcoin) is a decentralized digital currency enabling peer-to-peer transactions online. #BTC #cryptocurrency #Bitcoin #blockchain #digitalcurrency
#WhiteHouseCryptoSummit #USCryproReserve
BTC (Bitcoin) is a decentralized digital currency enabling peer-to-peer transactions online. #BTC #cryptocurrency #Bitcoin #blockchain #digitalcurrency
$BTC #WhiteHouseCryptoSummit #USCryproReserve
btc is a mother of crypto currency .btc in the bull run now105k+ price in the usdt.Bitcoin is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 by Satoshi Nakamoto, an unknown entity. Use of bitcoin as a currency began in 2009.
btc is a popular coin in crypto .the most powerful .USD Coin is a cryptocurrency stablecoin which is issued by Circle. It is pegged to the United States dollar, and is distinct from a central bank digital currency.
#WhiteHouseCryptoSummit #Trump’sExecutiveOrder
btc is a mother of crypto currency .btc in the bull run now105k+ price in the usdt.Bitcoin is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 by Satoshi Nakamoto, an unknown entity. Use of bitcoin as a currency began in 2009.
btc is a popular coin in crypto .the most powerful .USD Coin is a cryptocurrency stablecoin which is issued by Circle. It is pegged to the United States dollar, and is distinct from a central bank digital currency.
#WhiteHouseCryptoSummit #Trump’sExecutiveOrder
$BTC
#WhiteHouseCryptoSummit
#USCryproReserve
BTC, or Bitcoin, is a decentralized digital currency that allows peer-to-peer transactions. #Bitcoin #BTC #Crypto #Blockchain #DigitalCurrency #Finance
#WhiteHouseCryptoSummit
#USCryproReserve
BTC, or Bitcoin, is a decentralized digital currency that allows peer-to-peer transactions. #Bitcoin #BTC #Crypto #Blockchain #DigitalCurrency #Finance
$BTC
#WhiteHouseCryptoSummit
#USCryproReserve
BTC is Bitcoin, a digital currency used for decentralized transactions on a peer-to-peer network.
#Crypto #Blockchain #CryptoTrading
#WhiteHouseCryptoSummit
#USCryproReserve
BTC is Bitcoin, a digital currency used for decentralized transactions on a peer-to-peer network.
#Crypto #Blockchain #CryptoTrading
$BTC
#BTCBelow80K
#WhiteHouseCryptoSummit #USCryproReserve
BTC (Bitcoin) is a decentralized digital currency enabling peer-to-peer transactions online. #BTC #cryptocurrency #Bitcoin #blockchain #digitalcurrency
#BTCBelow80K
#WhiteHouseCryptoSummit #USCryproReserve
BTC (Bitcoin) is a decentralized digital currency enabling peer-to-peer transactions online. #BTC #cryptocurrency #Bitcoin #blockchain #digitalcurrency
$BTC $BTC #WhiteHouseCryptoSummit
#USCryproReserve
Bitcoin is an innovative payment network and a new kind of money. Find all you need to know and get started with Bitcoin on bitcoin.org.
#USCryproReserve
Bitcoin is an innovative payment network and a new kind of money. Find all you need to know and get started with Bitcoin on bitcoin.org.
$BTC
#WhiteHouseCriptoSummit #USCryproReserve
Bitcoin (BTC) remains one of the most influential cryptocurrencies, continuously evolving since its creation in 2009 by the pseudonymous Satoshi Nakamoto. As a decentralized digital currency, BTC operates without a central authority, enabling peer-to-peer transactions across the globe. Over the years, its value has soared and fluctuated, attracting both investors and skeptics. With growing adoption in industries and increased institutional interest, Bitcoin has established itself as a store of value and a hedge against inflation. #Bitcion #CryptoRevolution #BlockchainTechnology #DigitalGold #BTC
#WhiteHouseCriptoSummit #USCryproReserve
Bitcoin (BTC) remains one of the most influential cryptocurrencies, continuously evolving since its creation in 2009 by the pseudonymous Satoshi Nakamoto. As a decentralized digital currency, BTC operates without a central authority, enabling peer-to-peer transactions across the globe. Over the years, its value has soared and fluctuated, attracting both investors and skeptics. With growing adoption in industries and increased institutional interest, Bitcoin has established itself as a store of value and a hedge against inflation. #Bitcion #CryptoRevolution #BlockchainTechnology #DigitalGold #BTC
$ETH
$BTC
#WhiteHouseCryptoSummit #USCryproReserve
BTC (Bitcoin) is a decentralized digital currency enabling peer-to-peer transactions online. #BTC #cryptocurrency #Bitcoin #L8TJNM0U #digitalcurrency
$BTC
#WhiteHouseCryptoSummit #USCryproReserve
BTC (Bitcoin) is a decentralized digital currency enabling peer-to-peer transactions online. #BTC #cryptocurrency #Bitcoin #L8TJNM0U #digitalcurrency
$BTC
#WhiteHouseCryptoSummit
#USCryproReserve
BTC (Bitcoin) is a decentralized digital currency and the first cryptocurrency ever created. #BTC #Bitcoin #Crypto #Blockchain #DigitalCurrency #DecentralizedFinance
#WhiteHouseCryptoSummit
#USCryproReserve
BTC (Bitcoin) is a decentralized digital currency and the first cryptocurrency ever created. #BTC #Bitcoin #Crypto #Blockchain #DigitalCurrency #DecentralizedFinance
$BTC #WhiteHouseCryptoSummit #USCryproReserve
Bitcoin is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 by Satoshi Nakamoto, an unknown entity. Use of bitcoin as a currency began in 2009, with the release of its open-source implementation. In 2021, El Salvador adopted it as legal tender.
#BTC #TexasBTCReserveBill #Trump’sExecutiveOrder
Bitcoin is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 by Satoshi Nakamoto, an unknown entity. Use of bitcoin as a currency began in 2009, with the release of its open-source implementation. In 2021, El Salvador adopted it as legal tender.
#BTC #TexasBTCReserveBill #Trump’sExecutiveOrder
$BTC #WhiteHouseCryptoSummit #USCryproReserve
Bitcoin is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 by Satoshi Nakamoto, an unknown entity. Use of bitcoin as a currency began in 2009, with the release of its open-source implementation. In 2021, El Salvador adopted it as legal tender
#WhiteHouseCriptoSummit #Trump’sExecutiveOrder
Bitcoin is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 by Satoshi Nakamoto, an unknown entity. Use of bitcoin as a currency began in 2009, with the release of its open-source implementation. In 2021, El Salvador adopted it as legal tender
#WhiteHouseCriptoSummit #Trump’sExecutiveOrder
$BTC #WhiteHouseCryptoSummit #USCryproReserve
Bitcoin is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 by Satoshi Nakamoto, an unknown entity. Use of bitcoin as a currency began in 2009, with the release of its open-source implementation. In 2021, El Salvador adopted it as legal tender.
#BTC🔥🔥🔥🔥🔥
#Trump’sExecutiveOrder
Bitcoin is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 by Satoshi Nakamoto, an unknown entity. Use of bitcoin as a currency began in 2009, with the release of its open-source implementation. In 2021, El Salvador adopted it as legal tender.
#BTC🔥🔥🔥🔥🔥
#Trump’sExecutiveOrder
$BTC #WhiteHouseCryptoSummit #USCryproReserve
Bitcoin is the first decentralized cryptocurrency Based on a free-market ideology, bitcoin was invented in 2008 by Satoshi Nakamoto, an unknown entity. Use of bitcoin as a currency began in 2009, with the release of its open-source implementation. In 2021, El Salvador adopted it as legal tender.
#JobsReportShock #TexasBTCReserveBill #Trump’sExecutiveOrder
Bitcoin is the first decentralized cryptocurrency Based on a free-market ideology, bitcoin was invented in 2008 by Satoshi Nakamoto, an unknown entity. Use of bitcoin as a currency began in 2009, with the release of its open-source implementation. In 2021, El Salvador adopted it as legal tender.
#JobsReportShock #TexasBTCReserveBill #Trump’sExecutiveOrder
$BTC #WhiteHouseCryptoSummit #USCryproReserve
With a limit of 21 million coins, Bitcoin is scarce, which helps to drive its value as a potential store of wealth.
Bitcoin transactions are verified through a proof-of-work system, where miners compete to add new blocks to the blockchain.
#CryptoMarketWatch
#BTC🔥🔥🔥🔥🔥
#Binance
With a limit of 21 million coins, Bitcoin is scarce, which helps to drive its value as a potential store of wealth.
Bitcoin transactions are verified through a proof-of-work system, where miners compete to add new blocks to the blockchain.
#CryptoMarketWatch
#BTC🔥🔥🔥🔥🔥
#Binance
#USDC
#WhiteHouseCryptoSummit #USCryproReserve (USDC) is a decentralized digital currency that allows peer-to-peer transactions without the need for intermediaries like banks. It operates on a blockchain, #cryptocurrency #blockchain #USDC
#digitalcurrency #cryptoinvestment
#WhiteHouseCryptoSummit #USCryproReserve (USDC) is a decentralized digital currency that allows peer-to-peer transactions without the need for intermediaries like banks. It operates on a blockchain, #cryptocurrency #blockchain #USDC
#digitalcurrency #cryptoinvestment
#WhiteHouseCryptoSummit
#USCryproReserve
The history of coins, as a form of currency, goes back thousands of years. Coins have evolved from simple metal objects into highly sophisticated and secure forms of money used globally. Here's a broad overview of the *history of coins*:
1. *Pre-Coinage: Barter and Commodity Money (Before 600 BCE)*
Before the invention of coins, human societies relied on *barter systems*—exchanging goods and services directly. However, as societies grew more complex, the limitations of barter became apparent (you need to find someone who wants what you have, and vice versa). This led to the use of *commodity money*—items that had intrinsic value. Early forms of commodity money included:
- *Cattle* or *livestock*.
- *Grain* or *food*.
- *Shells*, particularly *cowry shells*, which were widely used in Africa, Asia, and the Pacific.
- *Metal objects* like copper, gold, and silver ingots, as these materials were valuable and durable.
2. *The Invention of Coins (Around 600 BCE)*
Coins are believed to have been first introduced in *Lydia* (modern-day Turkey) around *600 BCE*. The Lydians were the first to strike coins made from a mixture of gold and silver known as *electrum*. These early coins were stamped with images, which indicated their authenticity and value.
#USCryproReserve
The history of coins, as a form of currency, goes back thousands of years. Coins have evolved from simple metal objects into highly sophisticated and secure forms of money used globally. Here's a broad overview of the *history of coins*:
1. *Pre-Coinage: Barter and Commodity Money (Before 600 BCE)*
Before the invention of coins, human societies relied on *barter systems*—exchanging goods and services directly. However, as societies grew more complex, the limitations of barter became apparent (you need to find someone who wants what you have, and vice versa). This led to the use of *commodity money*—items that had intrinsic value. Early forms of commodity money included:
- *Cattle* or *livestock*.
- *Grain* or *food*.
- *Shells*, particularly *cowry shells*, which were widely used in Africa, Asia, and the Pacific.
- *Metal objects* like copper, gold, and silver ingots, as these materials were valuable and durable.
2. *The Invention of Coins (Around 600 BCE)*
Coins are believed to have been first introduced in *Lydia* (modern-day Turkey) around *600 BCE*. The Lydians were the first to strike coins made from a mixture of gold and silver known as *electrum*. These early coins were stamped with images, which indicated their authenticity and value.
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