• Mar 02, 2025

Bitcoin up 6.06% at $89,359

President Donald Trump said on Sunday that his recent executive order on digital assets directed his team to create "a Crypto Strategic Reserve that includes XRP, SOL, and ADA."

  • Mar 02, 2025

Bessent Says He Sees Inflation Reaching Fed’s 2% Target Quickly

(Bloomberg) -- Treasury Secretary Scott Bessent said he’s confident US consumer price increases will slow over the course of the year after a poll suggested Americans want President Donald Trump to focus more on bringing down inflation.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global Stadium Race With New $4 Billion S

  • Mar 02, 2025

Trump names cryptocurrencies in strategic reserve, sending prices up

WEST PALM BEACH, Florida (Reuters) -U.S. President Donald Trump on social media announced the names of five digital assets he expects to include in a new U.S. strategic reserve of cryptocurrencies on Sunday, spiking the market value of each. Trump said in a post on Truth Social that his January executive order on digital assets would create a stockpile of currencies including bitcoin, ether, XRP, solana and cardano. More than an hour later, Trump added: "And, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be at the heart of the Reserve."