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Bitcoin jumps after Trump strategic reserve announcement

Quotes

    • 88:88
      These elements likely led to a mix of profit-taking and weakened sentiment toward the asset class,
      Asianet Newsable
      it said
    • 88:88
      Brad Garlinghouse
      Glad to see POTUS recognizing we live in a multichain world,
      International Business Times AU
      Garlinghouse continued
    • 88:88
      Brad Garlinghouse
      Maximalism is the enemy of the industry's progress,
      International Business Times AU
      Garlinghouse said following the news
    • 88:88
      Unlike bitcoin...these assets are more akin to tech investments,
      The Korea Times
      Butterfill said
    • 88:88
      This move signals a shift toward active participation in the crypto economy by the U.S. government,
      The Korea Times
      said Federico Brokate, head of U.S. business at 21Shares, a digital assets investment management firm
    • 88:88
      A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration,
      International Business Times AU
      Trump stated
    • 88:88
      One of the core principles of cryptocurrency is its ability to exist outside of government influence,
      International Business Times AU
      Bowler urged
    • 88:88
      The Albanese government has consulted on our proposed framework to build a fit-for-purpose digital asset regulatory regime, and we continue to work closely with industry,
      International Business Times AU
      the spokesperson said
    • 88:88
      The weekend news is exactly the type of catalyst investors have been looking for to feel reassured about follow through from the U.S. administration with respect to its crypto friendly policies,
      CNBC
      Joel Kruger, market strategist at LMAX Group, told CNBC
    • 88:88
      I also love Bitcoin and Ethereum!"
      International Business Times
      he wrote, sending crypto prices to a wild high
    • 88:88
      I will make sure the U.S. is the crypto capital of the world. We are making America great again!"
      International Business Times
      he wrote
    • 88:88
      Yesterday was one of the biggest events in the history of crypto as US president Donald Trump announced "moving forward" with a strategic crypto reserve which includes SOL, XRP and ADA. Soon after this post went live on social media platform, a huge surge of volumes inflow happened across crypto pairs, with close to 300 billion dollars added in the crypto market overnight, that too on a weekend - a similar trend that we saw on TRUMP memecoin launch as well, which was done on a Saturday itself.”
      ABP Live
      CoinSwitch Markets Desk noted
    • 88:88
      While this announcement has significantly boosted prices, it has also raised concerns,
      Reuters
      wrote IG market analyst Tony Sycamore
    • 88:88
      And, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be at the heart of the Reserve.”
      CNN
      More than an hour later, Trump added another post