The US President initially mentioned only XRP, SOL, and ADA for inclusion in the reserve.
“I also love Bitcoin and Ethereum,” he later added.
Source: Shutterstock
US President Donald Trump made a surprising announcement on his social media platform, Truth Social, stating that Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), Cardano (ADA), and “other valuable cryptocurrencies” would be added to the country’s strategic crypto reserve. The first details of the initiative pushed the price of XRP about 40 per cent higher, while Cardano (ADA) surged by around 70 per cent.
The Teaser of the US Crypto Reserve
Interestingly, the initial post mentioned only three cryptocurrencies: XRP, SOL, and ADA. However, the President clarified in a follow-up post that BTC and ETH would also be included in the reserve, adding that these digital assets “will be the heart of the Reserve.”
“A U.S. Crypto Reserve will strengthen this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA,” he wrote in the initial post. “I will make sure the U.S. is the Crypto Capital of the World.”
However, the Federal Reserve’s stance on the anticipated “crypto strategic reserve” remains unclear.
A screenshot of Donald Trump's post on Truth Social
XRP Reserves a Boost
Trump’s post has injected optimism into the bearish cryptocurrency market. ADA led the rally, gaining about 70 per cent within minutes, while SOL jumped 25 per cent.
The value of XRP, which was struggling around the $2 support level, surged to $2.96, a rise of approximately 40 per cent.
The jump of XRP after President Trump's post on US Crypto Reserve; Source: CoinGecko
Fulfilling a Campaign Promise
Trump’s latest post echoes his campaign promise of a "strategic national Bitcoin stockpile," which he unveiled at the Bitcoin 2024 conference in Nashville, Tennessee. At the event, he even touted himself as the first "crypto President."
“If I am elected, it will be the policy of my Administration—the United States of America—to keep 100% of all the Bitcoin the government currently holds or acquires in the future. We will keep a hundred per cent,” he stated at the time.
“I hope you do well, at least. This will serve, in effect, as the core of the strategic national Bitcoin stockpile.”
Interestingly, Trump has followed through on most of his campaign promises, including those related to cryptocurrencies. Earlier, he ordered the formation of the Digital Asset Working Group to explore cryptocurrency regulations.
Furthermore, his interim appointees—who head two key US regulatory agencies, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC)—have shown a positive stance towards cryptocurrencies. Under Acting Chairman Mark Uyeda, the SEC dropped its lawsuit against Coinbase and also halted proceedings against Binance. The agency even ended its probe into Gemini and multiple other crypto platforms.
US President Donald Trump made a surprising announcement on his social media platform, Truth Social, stating that Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), Cardano (ADA), and “other valuable cryptocurrencies” would be added to the country’s strategic crypto reserve. The first details of the initiative pushed the price of XRP about 40 per cent higher, while Cardano (ADA) surged by around 70 per cent.
The Teaser of the US Crypto Reserve
Interestingly, the initial post mentioned only three cryptocurrencies: XRP, SOL, and ADA. However, the President clarified in a follow-up post that BTC and ETH would also be included in the reserve, adding that these digital assets “will be the heart of the Reserve.”
“A U.S. Crypto Reserve will strengthen this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA,” he wrote in the initial post. “I will make sure the U.S. is the Crypto Capital of the World.”
However, the Federal Reserve’s stance on the anticipated “crypto strategic reserve” remains unclear.
A screenshot of Donald Trump's post on Truth Social
XRP Reserves a Boost
Trump’s post has injected optimism into the bearish cryptocurrency market. ADA led the rally, gaining about 70 per cent within minutes, while SOL jumped 25 per cent.
The value of XRP, which was struggling around the $2 support level, surged to $2.96, a rise of approximately 40 per cent.
The jump of XRP after President Trump's post on US Crypto Reserve; Source: CoinGecko
Fulfilling a Campaign Promise
Trump’s latest post echoes his campaign promise of a "strategic national Bitcoin stockpile," which he unveiled at the Bitcoin 2024 conference in Nashville, Tennessee. At the event, he even touted himself as the first "crypto President."
“If I am elected, it will be the policy of my Administration—the United States of America—to keep 100% of all the Bitcoin the government currently holds or acquires in the future. We will keep a hundred per cent,” he stated at the time.
“I hope you do well, at least. This will serve, in effect, as the core of the strategic national Bitcoin stockpile.”
Interestingly, Trump has followed through on most of his campaign promises, including those related to cryptocurrencies. Earlier, he ordered the formation of the Digital Asset Working Group to explore cryptocurrency regulations.
Furthermore, his interim appointees—who head two key US regulatory agencies, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC)—have shown a positive stance towards cryptocurrencies. Under Acting Chairman Mark Uyeda, the SEC dropped its lawsuit against Coinbase and also halted proceedings against Binance. The agency even ended its probe into Gemini and multiple other crypto platforms.
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
In this video, we take an in-depth look at @Exness , a global multi-asset broker operating since 2008, known for fast withdrawals, flexible account types, and strong regulatory coverage across multiple regions.
We break down Exness’s regulatory framework, supported trading platforms including MetaTrader 4, MetaTrader 5, Exness Terminal, and the Exness Trade App, as well as available account types such as Standard, Pro, Zero, and Raw Spread.
You’ll also learn about Exness’s leverage options, fees and commissions, swap-free trading, available instruments across forex, commodities, indices, stocks, and cryptocurrencies, and what traders can expect in terms of execution, funding speed, and customer support.
Watch the full review to see whether Exness aligns with your trading goals and strategy.
👉 Explore Exness’s full broker listing on the Finance Magnates Directory:
https://directory.financemagnates.com/multi-asset-brokers/exness/
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Exness #ExnessReview #Forex #FinanceMagnates #ForexBroker #BrokerReview #CFDTrading #OnlineTrading #MarketInsights
In this video, we take an in-depth look at @Exness , a global multi-asset broker operating since 2008, known for fast withdrawals, flexible account types, and strong regulatory coverage across multiple regions.
We break down Exness’s regulatory framework, supported trading platforms including MetaTrader 4, MetaTrader 5, Exness Terminal, and the Exness Trade App, as well as available account types such as Standard, Pro, Zero, and Raw Spread.
You’ll also learn about Exness’s leverage options, fees and commissions, swap-free trading, available instruments across forex, commodities, indices, stocks, and cryptocurrencies, and what traders can expect in terms of execution, funding speed, and customer support.
Watch the full review to see whether Exness aligns with your trading goals and strategy.
👉 Explore Exness’s full broker listing on the Finance Magnates Directory:
https://directory.financemagnates.com/multi-asset-brokers/exness/
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Exness #ExnessReview #Forex #FinanceMagnates #ForexBroker #BrokerReview #CFDTrading #OnlineTrading #MarketInsights
The FMLS:25 highlights video is now live - a look back at the conversations, the energy on the floor, and the moments that shaped this year’s summit.
While that’s still fresh, the next launches across the FM Events portfolio are already taking shape.
FM Singapore takes place on the 12-14 of May, connecting the APAC market with its own distinct audience and priorities. FMAS:26 heads to Cape Town on 26–27 May shortly after, bringing the focus to Africa’s trading and fintech ecosystem.
Different regions. Different audiences. Same commitment to building the right rooms for meaningful conversations.
More details coming very soon. The launches are imminent. - here you go
The FMLS:25 highlights video is now live - a look back at the conversations, the energy on the floor, and the moments that shaped this year’s summit.
While that’s still fresh, the next launches across the FM Events portfolio are already taking shape.
FM Singapore takes place on the 12-14 of May, connecting the APAC market with its own distinct audience and priorities. FMAS:26 heads to Cape Town on 26–27 May shortly after, bringing the focus to Africa’s trading and fintech ecosystem.
Different regions. Different audiences. Same commitment to building the right rooms for meaningful conversations.
More details coming very soon. The launches are imminent. - here you go
What sources does the Finance Magnates newsroom rely on before publishing a story? #FinanceNews
What sources does the Finance Magnates newsroom rely on before publishing a story? #FinanceNews
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the editorial process: direct industry sources, reports, regulators, social media signals, and thorough cross-checking before anything goes live.
📰 Industry sources
📊 Reports & regulators
🔎 Verification before publication
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the editorial process: direct industry sources, reports, regulators, social media signals, and thorough cross-checking before anything goes live.
📰 Industry sources
📊 Reports & regulators
🔎 Verification before publication
OnePrime’s Jerry Khargi on Infrastructure, Liquidity & Trust | Executive Interview
OnePrime’s Jerry Khargi on Infrastructure, Liquidity & Trust | Executive Interview
Recorded live at FMLS:25 London, this exclusive executive interview features Jerry Khargi, Executive Director at OnePrime, in conversation with Andrea Badiola Mateos from Finance Magnates.
In this in-depth discussion, Jerry shares:
- OnePrime’s journey from a retail-focused business to a global institutional liquidity provider
- What truly sets award-winning trading infrastructure apart
- Key trends shaping institutional trading, including technology and AI
- The importance of transparency, ethics, and reputation in long-term success
- OnePrime’s vision for growth over the next 12–24 months
Fresh from winning Finance Magnates’ Best Trading Infrastructure Broker, Jerry explains how experience, mentorship, and real-world problem solving form the “special sauce” behind OnePrime’s institutional offering.
🏆 Award Highlight: Best Trading Infrastructure Broker
👉 Subscribe to Finance Magnates for more executive interviews, market insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #OnePrime #InstitutionalTrading #Liquidity #TradingInfrastructure #ExecutiveInterview
Recorded live at FMLS:25 London, this exclusive executive interview features Jerry Khargi, Executive Director at OnePrime, in conversation with Andrea Badiola Mateos from Finance Magnates.
In this in-depth discussion, Jerry shares:
- OnePrime’s journey from a retail-focused business to a global institutional liquidity provider
- What truly sets award-winning trading infrastructure apart
- Key trends shaping institutional trading, including technology and AI
- The importance of transparency, ethics, and reputation in long-term success
- OnePrime’s vision for growth over the next 12–24 months
Fresh from winning Finance Magnates’ Best Trading Infrastructure Broker, Jerry explains how experience, mentorship, and real-world problem solving form the “special sauce” behind OnePrime’s institutional offering.
🏆 Award Highlight: Best Trading Infrastructure Broker
👉 Subscribe to Finance Magnates for more executive interviews, market insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #OnePrime #InstitutionalTrading #Liquidity #TradingInfrastructure #ExecutiveInterview
How does the Finance Magnates newsroom decide which updates are worth covering? #financenews
How does the Finance Magnates newsroom decide which updates are worth covering? #financenews
What makes an update worth covering in financial media?
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, editorial focus starts with relevance: stories that serve the industry, support brokers and technology providers, and help decision-makers navigate their businesses.
A reminder that strong financial journalism is built on value, not volume.
What makes an update worth covering in financial media?
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, editorial focus starts with relevance: stories that serve the industry, support brokers and technology providers, and help decision-makers navigate their businesses.
A reminder that strong financial journalism is built on value, not volume.
