US President Donald Trump announced the creation of a US Strategic Cryptocurrency Reserve comprising Bitcoin, Ethereum, Cardano, Solana, and XRP, which had a significant impact on the market. Bitcoin and the mentioned altcoins experienced notable price increases. Economist Peter Schiff criticized the inclusion of XRP in the reserve, while Cardano founder Charles Hoskinson defended its addition, citing the coin's strong technology, global standard status, resilience, and robust community. Ripple's CTO, David Schwartz, expressed surprise at Hoskinson's response.
Other News from Today
Cryptocurrencies Price Prediction: Other Cryptos That May Make Trump’s Crypto Strategic Reserve List
Ethereum Whales Gobble Up $422,123,359 Worth of Ethereum (ETH) in Just 24 Hours, Says Crypto Analyst