šŸŠAll You Need To Know About The Trump Crypto Reserve

Why XRP is a part of it and what Trump thinks about BTC.

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Gm and Happy Wednesday!

Howard Lutnick says Donald Trump ā€˜definitely thinksā€™ thereā€™s a Bitcoin strategic reserve ā€” hereā€™s what he means by that.

Donald Trump isnā€™t one to shy away from unusual proposals (such as including XRP and Cardano in a strategic reserve). That is due to his ā€˜businessmanā€™ instincts, an expert told Benzinga.

Plus, stay ahead of the market with real-time alerts on price spikes, unusual options activity, block trades, halts, opening gaps and more. Benzinga Pro gives you the power to customize your alerts, so you only get the signals that matter to you.

TOP STORY

Commerce Secretary Howard Lutnick has reinforced Donald Trump's pro-crypto stance, hinting at major policy shifts that will be unveiled during Friday's White House crypto summit.

The summit will focus on regulatory clarity for digital assets, financial innovation and the role of crypto in the U.S. economy and economic opportunities in the evolving digital asset landscape.

But most importantly: what will the president say about the Bitcoin reserve?

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QUICK N DIRTY

Dogecoin is flashing oversold indicators, but maybe thatā€™s just a signal that itā€™s time to accumulate?

Bitcoin in the strategic reserve is bullish, according to a Bitwise expert, but hereā€™s why he says itā€™s an ā€˜imperfectā€™ proposal.

Shaq is not a buyer of reserve crypto like BTC or XRP. But he did buy one cryptocurrency thatā€™s also part of the reserve back in 2021 ā€” hereā€™s which one.

FINTECH FOCUS

Why did Donald Trump include altcoins like XRP and ADA in his strategic reserve proposal?

Simple. "I think because Trump is a businessman," the COO of crypto exchange MEXC told Benzinga.

So how could the XRP strategic reserve happen, if it does?

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