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#TrumpCongressSpeech US President Donald Trump has revealed the names of five cryptocurrencies that he says he'd like to be included in a new strategic reserve to make the US "the Crypto Capital of the World".
The market prices of the five coins he named - Bitcoin, Ethereum, XRP, Solana and Cardano - all swiftly jumped after the announcement.
During Trump's presidential campaign, he aggressively courted the crypto community. The previous US president, Joe Biden, had overseen a crackdown on crypto due to concerns about fraud and money laundering.
It is unclear how the new stockpile will work. More information is expected on Friday, when Trump plans to host the first Crypto Summit at the White House.
In a social media post on Sunday, Trump said he had signed an order which "directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA".
About an hour later he added in another post: "And, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be at the heart of the Reserve."
The first three coins he named jumped by up to 62% on Sunday.
Bitcoin and Ethereum also jumped by more than 10% each.
The market prices of the five coins he named - Bitcoin, Ethereum, XRP, Solana and Cardano - all swiftly jumped after the announcement.
During Trump's presidential campaign, he aggressively courted the crypto community. The previous US president, Joe Biden, had overseen a crackdown on crypto due to concerns about fraud and money laundering.
It is unclear how the new stockpile will work. More information is expected on Friday, when Trump plans to host the first Crypto Summit at the White House.
In a social media post on Sunday, Trump said he had signed an order which "directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA".
About an hour later he added in another post: "And, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be at the heart of the Reserve."
The first three coins he named jumped by up to 62% on Sunday.
Bitcoin and Ethereum also jumped by more than 10% each.
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The current hot topic in the crypto ecosystem is the PI network and its native token, PI coin. With only hours left for the mainnet launch, the hype is understandable. However, one question looms large: why hasn’t Binance, the world’s largest exchange, listed Pi Coin?
The answer is plain and simple: Pi coin has not completed the required conditions set by Binance to list a coin. Users will have top wait to trade Pi coin on the exchange.
Will Binance list Pi coin in the future?
There has been no official announcement of the Pi coin listing on Binance, but the exchange has not neglected the idea.
The hype of Pi network and Pi coin is so much that Binance did a community vote, asking users to reply whether the exchange should list Pi coin or not through their official square ID.
This indicates that the project may be in talks with the exchange for a listing as soon as possible. However, Binance has clearly stated that voting results won’t result in a Pi coin listing, that would happen only if their token parameters are matched.
As of now, all eyes are on the Pi mainnet launch scheduled for February 20, UTC 08:00 AM. #PiCoreTeam #pi
The answer is plain and simple: Pi coin has not completed the required conditions set by Binance to list a coin. Users will have top wait to trade Pi coin on the exchange.
Will Binance list Pi coin in the future?
There has been no official announcement of the Pi coin listing on Binance, but the exchange has not neglected the idea.
The hype of Pi network and Pi coin is so much that Binance did a community vote, asking users to reply whether the exchange should list Pi coin or not through their official square ID.
This indicates that the project may be in talks with the exchange for a listing as soon as possible. However, Binance has clearly stated that voting results won’t result in a Pi coin listing, that would happen only if their token parameters are matched.
As of now, all eyes are on the Pi mainnet launch scheduled for February 20, UTC 08:00 AM. #PiCoreTeam #pi
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