RandAlThor@lemmy.ca to

News@lemmy.world · 17 days ago

Trump announces strategic crypto reserve including bitcoin, Solana, XRP and more

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Trump announces strategic crypto reserve including bitcoin, Solana, XRP and more

RandAlThor@lemmy.ca to

News@lemmy.world · 17 days ago

Cryptocurrencies rallied on Sunday after President Donald Trump announced the creation of a U.S. strategic crypto reserve.

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Voroxpete@sh.itjust.works
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17 days ago
Why? Because a whole bunch of it is locked up somewhere? That’s already the case for bitcoin. Only a tiny fraction of the total supply actually moves. The vast majority is either in abandoned or lost wallets, or being held.

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