“An officer’s said Trump was “Just Give Five Examples” of Cryptocurrencies that Could theoretical Be in a Crypto Stockpile.”, – WRITE: www.coindesk.com
“I Think The President Just Gave Five Examples of Cryptocurrencies in His Post. Those Five Have to Be the Largest by Market Cap House Crypto Summit. “I Think People Are Reading Into that A Little Bit Too Much. The Bottom Line is, I Think That What We’ve AnnounCed Here Is Consistent With What The President Has Always Always Said About.
Accorging to Data from Coingcko, The Official’s Assertion Isn’t Strctly True. Taking Out The Two Largest Stablecoins – Tether’s USD and Circle’s USDC – The Five Largest CrypTocurrencies by Market Cap Cap Are Bitcoin, Ether, Ether, Xrp, Binance’s BNB, And SOV. Dogecoin is the Sixth-Largest Cryptocurrency by Market Cap, with Ada Right Behind It.
In a March 2 Social Media Post, Trump claimed that a “US Crypto Reserve Will Elevate this Critical Industry After Years of Corrupt Attacks from Biden Administration.” The Announcement that it wound include Sol, ada and xrp was Met with Criticism from Many in the Industry, Who Expressed Conceerns the Inclusion of Altcoins in A Strate. and Self-Dealing.
On March 6, Trump Sigrated An Order Directing his Administration to Create a Bitcoin Strategic Reserve, Capitalized with The US Government’s Seized Bitcoin Holdings. The Crypto Stockpile Containing Other Cryptocurrencies Will Be A Separate Entity.
Ada plunged over 5% to $ 0.82 in the minutes following his comments. XRP SLID 3.5% TO $ 2.41, While Sol Was Down 2%. All Three Tokens Are Firmly Down Over The Past 24 Hours Alongside a Weak Crypto Market. Meanwhile, BTC Slumped to $ 87,000 Giving Up Early Morning Gains.
Senior Executives from Across The Crypto Industry have been convened in Washington, DC for the White House’s First Crypto Summit on Friday Afternoon. Crypto Companies Including Ripple, Gemini, Robinhood Crypto, Crypto.com, Chainlink and Anchorage Will Be in Atendance.
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