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This week's highlights.
Donald Trump will announce Bitcoin reserve strategy at the 2025 Cryptocurrency Summit.
According to the Pavlovich Daily, U.S. Commerce Secretary Howard Lutnick stated that President Trump will announce a Bitcoin reserve strategy at the White House Cryptocurrency Summit. Lutnick pointed out in his speech, "Bitcoin is one thing, other currencies, other cryptocurrencies, I think, will be treated differently - positively, but differently." This means that while Bitcoin may be prioritized as a strategic reserve asset, other cryptocurrencies may see tailored positive policy measures to promote innovation in the digital asset space.
The number of active XRP wallets surged by 620% after the strategic reserve news was announced.
Over the past week, the number of active XRP addresses has surged by 620%, rising from 74,589 to 462,650. Previously, between early December last year and the end of February this year, the number of active wallets sharply declined by 50%, dropping from 202,250 to 101,169. Meanwhile, the price of XRP has increased by approximately 25.48% from $1.99 on February 28 to $2.05 today, reaching a peak of $3.29 on March 2. This surge is partly due to the news of President Trump approving the U.S. strategic crypto reserve, which includes XRP, Bitcoin, Ethereum, ADA, and SOL.
#White House Crypto Summit #HotTopicDiscussion #ContentStar