US President Donald Trump has announced the establishment of a Crypto Strategic Reserve that includes Bitcoin, Ethereum, Solana, XRP, and Cardano. The announcement caused a surge in the market, with major cryptocurrencies experiencing price increases. Ripple CEO Brad Garlinghouse expressed his support for the initiative, emphasizing the importance of collaboration in the crypto industry. He also criticized the previous administration's regulatory stance and outlined his plans to defend the industry in Washington. A cryptocurrency summit will be held at the White House on Friday, with Trump in attendance.
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