Trump’s Strategic Crypto Reserve Move
Presidential Executive Order for Crypto Reserves
U.S. President Donald Trump has issued an executive order to establish a “Strategic Crypto Reserve,” including Bitcoin ($BTC), Ethereum ($ETH), Solana ($SOL), Ripple ($XRP), and Cardano ($ADA). Reports suggest that this reserve may be formed using seized crypto assets. This move aligns with Trump’s vision to position the U.S. as the “crypto capital.”
The announcement sparked discussions on X, with some users seeing it as a positive step, while others question how the reserve will be financed. Further details are expected at the White House Crypto Summit on March 7, where David Sacks will elaborate on the plan.
Crypto Market Surges After Trump’s Announcement
Following Trump’s announcement, the crypto market experienced a sharp rise.
Total market cap: Up 8.49% to $3.08 trillion
Bitcoin dominance: 59.84%
Bitcoin price: +10% to $92,935
H3: Top Gainers of the Day
Cardano ($ADA): +55.70%
Snek ($SNEK): +52.20%
Fartcoin ($FARTCOIN): +31.10%
Ethereum ($ETH): +15%
Solana ($SOL): +22%
Ripple ($XRP): +31%
Market analysts warn of a possible correction after this rapid surge, fueled by growing FOMO (Fear of Missing Out).
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Turkey’s Crypto Influencer Scandal
A major controversy has erupted in Turkey’s crypto space. Reports claim that several influencers promoted tokens they launched or backed, misleading investors with promises of price surges. As these tokens crashed, thousands suffered financial losses.
The incident has sparked heated debates on X, with some calling it fraud while others emphasize the importance of due diligence before investing. Although no official investigation has been announced, this incident highlights the urgent need for crypto regulations in Turkey.
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Ronaldinho’s Meme Coin Launch:
$STAR10
Football legend Ronaldinho has launched his own meme coin, $STAR10, on the BNB Chain. The token gained rapid attention, with some early investors making significant profits.
However, skepticism surrounds the project, with many questioning its long-term sustainability. Given the high volatility of meme coins, experts advise caution before investing.
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Cronos ($CRO) Plans Major Token Release
Cronos is considering reintroducing 70 billion $CRO tokens into the market to boost liquidity and expand its ecosystem. The proposal has sparked mixed reactions:
Supporters see it as a growth strategy.
Critics warn it could cause inflationary pressure.
The final decision on the proposal remains uncertain.
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Vietnam to Introduce Crypto Regulations
Vietnamese Prime Minister Pham Minh Chinh has instructed the Ministry of Finance and the Central Bank to draft crypto regulations, with a proposal expected by March 2025.
This move aligns with Vietnam’s goal of achieving 8% economic growth in 2025, leveraging the crypto industry’s potential.
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Binance to Delist Stablecoins in Europe
Binance will delist USDT, DAI, and seven other stablecoins from its platform in the European Economic Area (EEA) by March 31, to comply with the MiCA regulations.
This decision may push European users to seek alternative stablecoins, potentially reshaping the region’s crypto landscape.
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Metaplanet Expands Bitcoin Holdings
Japan-based Metaplanet has acquired 156 BTC for approximately $13.4 million, bringing its total holdings to 2,391 BTC. The company reports a 31.8% BTC return in 2025, reinforcing the trend of increasing ins
titutional interest in Bitcoin.
Editör : Airdroptour
