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🆘 What happened in Crypto in the last 12h? 🆘 • $BTC $ETH $SOL $XRP $ADA - Trump announced an executive order to create a crypto strategic reserve. The crypto strategic reserve will include $BTC $ETH $SOL $XRP $ADA and has hinted at the possibility of including others in the future. The announcement sent crypto markets into a bull run. • $BTC - Bitcoin gained around 10% to touch $95K after the announcement of the strategic crypto reserve. It is currently trading at $93K. • $ADA - Cardano, which is included in the strategic crypto reserve, was the biggest gainer, touching $1.17, up about 70%. $ADA will also be releasing a major update this year, #MidnightNtwrk. • $SOL - Solana had a big dip recently, but after the announcement of the strategic crypto reserve, it gained about 30% to touch $179. As a result, $RAY, which has seen a big drop recently, is also making a big move higher. • $XRP - XRP, which is included in the strategic crypto reserve, was the biggest gainer, touching $2.99, up about 33%. $XRP briefly flipped $ETH FDV with this gain. • White House A.I. & Crypto Czar David Sacks has hinted that a lot will be revealed at the upcoming Crypto Summit at the White House on March 7th. In mid-February, David Sacks hinted that some big announcements were coming soon. • $CRO - Cronos has announced that it will be putting forward a governance proposal to establish a Cronos Strategic Reserve. The proposal seeks to reissue the 70B CRO tokens that were burned in February 2021. • $STAR10 - Ronaldinho, the living legend of Brazilian soccer, has launched the official meme coin STAR10.

Solana: Will a $250M USDC Injection Spark SOL’s Rebound? Solana (SOL) has faced significant challenges in recent months, with its price experiencing sharp declines amidst broader market volatility. However, a recent announcement of a $250 million USDC injection into the Solana ecosystem has sparked speculation about a potential rebound for the network's native token, SOL. As investors and traders look for signs of recovery, the big question is: will this capital infusion be enough to spark a SOL price rebound? The $250 million USDC injection comes from a new initiative aimed at fostering growth within the Solana ecosystem. The funds are expected to be allocated towards expanding the decentralized finance (DeFi) and non-fungible token (NFT) sectors on the network, as well as supporting other projects building on Solana’s high-speed blockchain. This move is seen as a direct effort to strengthen Solana’s position within the competitive smart contract platform space, especially as the blockchain battles against rivals like Ethereum and newer contenders. The capital infusion could serve as a significant catalyst for SOL’s price, especially if it leads to greater adoption and development on the Solana network. Historically, network upgrades and strategic investments have had positive effects on the price of blockchain tokens, and the $250 million injection may help reignite investor confidence. Furthermore, Solana’s blockchain is known for its speed and low transaction fees, making it an attractive platform for developers, which could drive increased activity and demand for SOL. However, despite the potential for growth, challenges remain. Solana’s network has suffered from outages in the past, which has tarnished its reputation in the eyes of some users and investors. Additionally, broader market conditions, such as regulatory uncertainty and macroeconomic factors, could still weigh on SOL’s price. In conclusion, while the $250 million USDC injection presents a promising development for Solana, its success in sparking a lasting rebound will depend on how effectively the funds are utilized and whether the network can overcome past hurdles. Investors will be watching closely in the coming weeks to gauge the impact.

Donald Trump's announcement of a US Strategic Crypto Reserve has sent shockwaves through the cryptocurrency market. The reserve, which would include top cryptocurrencies like Bitcoin, Ethereum, XRP, SOL, and ADA, aims to diversify the US government's portfolio and potentially stabilize cryptocurrency values . Market Impact: Price Surge: The announcement triggered a rally in the market, with Bitcoin spiking by 10% and Ether by nearly 13% -ncreased Adoption:*Trump's support for cryptocurrencies could lead to increased institutional adoption and mainstream integration Volatility:However, some experts warn that Trump's involvement in the cryptocurrency market could lead to increased volatility ². *Key Aspects of the US Strategic Crypto Reserve: Diversification: The reserve would allow the US government to diversify its portfolio and potentially reduce reliance on traditional assets Regulatory Framework: Trump's administration may establish a more favorable regulatory framework for cryptocurrencies, which could boost market growth Global Impact: The US Strategic Crypto Reserve could set a precedent for other countries to follow, potentially leading to increased global adoption of cryptocurrencies

🚨 LATEST: Trump’s Crypto and AI Czar David Sacks confirmed that he has sold all his cryptocurrency holdings including $BTC, $ETH and $SOL prior to the start of the administration.

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