What happened in Crypto in the last 12h:
- Trump Announces ‘Strategic Crypto Reserve’
- $BTC Hits $95K Again after Crypto Reserve Announce
- $ADA +70%, $SOL +27%, $XRP +33% Pump
- David Sacks Says More to Come at Summit
- $CRO Token Reissue Proposal
- Ronaldinho Launches Memecoin
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• $BTC $ETH $SOL $XRP $ADA - Trump announced an executive order to create a crypto strategic reserve. The crypto strategic reserve will include $BTC $ETH $SOL $XRP $ADA and has hinted at the possibility of including others in the future. The announcement sent crypto markets into a bull run.
• $BTC - Bitcoin gained around 10% to touch $95K after the announcement of the strategic crypto reserve. It is currently trading at $93K.
• $ADA - Cardano, which is included in the strategic crypto reserve, was the biggest gainer, touching $1.17, up about 70%. $ADA will also be releasing a major update this year, @MidnightNtwrk.
• $SOL - Solana had a big dip recently, but after the announcement of the strategic crypto reserve, it gained about 30% to touch $179. As a result, $RAY, which has seen a big drop recently, is also making a big move higher.
• $XRP - XRP, which is included in the strategic crypto reserve, was the biggest gainer, touching $2.99, up about 33%. $XRP briefly flipped $ETH FDV with this gain.
• White House A.I. & Crypto Czar David Sacks has hinted that a lot will be revealed at the upcoming Crypto Summit at the White House on March 7th. In mid-February, David Sacks hinted that some big announcements were coming soon.
• $CRO - Cronos has announced that it will be putting forward a governance proposal to establish a Cronos Strategic Reserve. The proposal seeks to reissue the 70B CRO tokens that were burned in February 2021.
• $STAR10 - Ronaldinho, the living legend of Brazilian soccer, has launched the official meme coin STAR10.