Donald Trump signed the long-awaited order yesterday evening to establish a Presidential Task Force on Digital Asset Markets.
The group, which will be led by David Sacks (the White House’s crypto czar), includes key financial leaders and will advise Trump on crypto policy.
The executive order signed by Trump specifically includes research into a “strategic national digital asset reserve.”
The order Trump signed did not specify specific cryptocurrencies, raising speculation about which altcoins besides the already mentioned Bitcoin could be included in the reserve.
While altcoins such as XRP ($3.19) were also mentioned alongside Bitcoin, Scott Melker, host of the “The Wolf Of All Streets” podcast, said that Bitcoin and XRP were also included in the strategic reserve assessment.
Scott Melker stated that he received information from reliable channels that XRP was also included alongside BTC ($105,259.56), and said that this situation was not a joke but a reality.
Strong Rumor, don’t shoot the messenger but hearing it through reliable channels.
The strategic stockpile they are discussing is $BTC and… $XRP.
Not a joke. We will see,
— The Wolf Of All Streets (@scottmelker) January 23, 2025
While speculations are growing that XRP will also be included in the strategic reserve, Ripple CEO Brad Garlinghouse is also advocating for a US crypto reserve that includes not only Bitcoin but also other altcoins. The famous CEO argues that this would make sense in terms of diversification.
*This is not investment advice.
Continue Reading: Big Claim from Famous Analyst: “This Altcoin Will Also Be Included in the US National Reserve Apart from Bitcoin (BTC)!”