Analyst Predicts an Expanded Crypto Reserve Covering Bitcoin and Selected Altcoins
- Donald Trump did not mention a Strategic Bitcoin Reserve in his inaugural speech.
- Analysts believe Trump will continue with the Strategic Bitcoin Reserve program.
- Trump’s crypto reserve may cover Bitcoin and US-made cryptocurrencies.
President Donald Trump did not mention a Strategic Bitcoin Reserve in his inaugural speech, leaving many Bitcoin advocates disheartened. However, his relentless mantra, “Make America Great Again (MAGA),” has raised the optimism among crypto advocates, who believe Trump may prioritize U.S.-origin cryptocurrencies.
In a recent podcast, a popular cryptocurrency analyst expressed confidence that Trump will pursue his Strategic Bitcoin Reserve goal. Beyond that, he thinks the President will extend his crypto industry development to projects like the XRP, SOL, SUI, and ONDO. All being cryptocurrencies with US origin.
Related: Senator Cynthia Lummis Introduces Strategic Bill: Bitcoin as a National Reserve
According to the analyst, the United States government still holds a significant amount of Bitcoins that could form the basis of such a strategy. However, he thinks the government should go beyond storing only Bitcoin by in…
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