BREAKING NEWS: Extremely Hot Moments – US President Donald Trump Unveils Cryptocurrency Strategic Reserve Including 3 Altcoins

According to the latest development, US President Donald Trump said the following about the cryptocurrency reserve, which includes three different altcoins, in his post on Truth Social:

“A U.S. Crypto Reserve would elevate this critical sector 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. I will ensure that the U.S. is the Crypto Capital of the World. WE ARE MAKING AMERICA GREAT AGAIN!”

Trump later announced that the reserve would also include Bitcoin and Ethereum, the two largest cryptocurrencies by market cap. The federal government already owns at least $17 billion worth of Bitcoin, along with at least $120 million worth of Ethereum, according to blockchain intelligence firm Arkham.

The announcement builds on Trump’s executive order from January, which tasked the working group with “…evaluating the potential creation and maintenance of a national digital asset stockpile and recommending criteria for the creation of such a stockpile, potentially derived from cryptocurrencies lawfully seized by the Federal Government through law enforcement.”

Trump’s latest post marks the first time he’s referred to the initiative as a “Crypto Strategic Reserve” rather than a “stockpile.” While some use the terms interchangeably, they denote important distinctions in federal fiscal strategy.

The news comes just days before the first White House Crypto Summit, where Trump is expected to address top executives and investors in the crypto space. The event, scheduled for Friday, will be hosted by Hines and chaired by artificial intelligence and crypto chief David Sacks.

*This is not investment advice.