President Donald Trump announced Sunday that he’d include select cryptocurrency tokens in a “U.S. Crypto Reserve” — but what that actually means, and whether it will actually happen, is just about as clear as mud.
Trump US Crypto Reserve: The weirdness around the announcement, explained
In a TruthSocial post, Trump said he’d directed his advisers to “move forward” on creating a “Crypto Strategic Reserve,” and that it would include the cryptocurrencies XRP, Solana, and Cardano. In a follow-up post, he added that Bitcoin, Ethereum, and “other valuable Cryptocurrencies will be at the heart of the Reserve.”
Naturally, the announcement sent crypto prices — which had been trending downward since Trump’s inauguration — shooting higher on Sunday, particularly among the specific tokens Trump…
