U.S. President Donald Trump’s crypto reserve plans have failed to stop the tide of red in the crypto market, with the prices of leading assets continuing to slide Tuesday.
Ethereum, Solana and Dogecoin all dropped by double digits Tuesday morning, as investment firm Bernstein questioned the rationale of including them in Trump’s proposed strategic crypto reserve.
Trump’s own Solana meme coin also posted a double digit drop, as fears around inflation and trade tariffs continued to mount. Even perennial Bitcoin bull Strategy failed to buy the dip, as its stock price slipped.
Dogecoin, Solana Down by Double Digits as Ethereum Price Hits 15-Month Low
Leading cryptos retreated amid uncertainty around the details of President Trump’s crypto reserve plans and upcoming tariffs.
Ethereum and Solana in the 'Strategic Bitcoin Reserve'? Rationale Is 'Unclear', Says Bernstein
President Trump's plan to create a strategic reserve of altcoins—and not solely Bitcoin—is puzzling analysts at Bernstein.
Trump Solana Meme Coin Crashes as Trade War Slams Bitcoin, Dogecoin
President Donald Trump's influence is being felt in the crypto markets, with coins falling alongside stocks ahead of tariffs taking effect.
Strategy Stock Premium Hits 10-Month Low as Bitcoin Falls, Firm Skips BTC Buy
Strategy's so-called premium to net asset value (NAV) hit its lowest level since last April on Monday as Bitcoin's price fell.
From our partner
Introducing Grayscale Bitcoin Miners ETF (ticker: MNRS). MNRS provides exposure to Bitcoin Miners and the global Bitcoin Mining industry at a time when we’re seeing unprecedented interest and growth in Bitcoin.
Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, please call (866)-775-0313 or visit our website at etfs.grayscale.com/mnrs. Read the prospectus or summary prospectus carefully before investing. MNRS is distributed by Foreside Fund Services, LLC and Grayscale Advisors, LLC is the adviser.
💬 Quote of the Day
❝
“Bitcoin is the only asset that meets the bar for a store of value reserve asset. Maybe Ethereum. Digital gold and digital oil.”
With Absolute Labs Web3 CRM, you can engage and scale your community, manage KOLs and whales more effectively, and drive deeper brand connections in Web3.
🎮️ GG: 'Parallel' Headed to Mobile as Ethereum Card Game Crowns $100K Champion
Parallel Studios crowned its trading card game champion in Las Vegas while revealing what's next for the franchise.
🤖 EMERGE: TSMC Pledges $100B for US Chip Plants, Eyes 20,000 New Jobs
TSMC is doubling its Arizona investments amid geopolitical tensions and the U.S.’s push for semiconductor independence.
🎭️ SCENE: Karate Combat to Host Fights at Miami Stadium Named After Bonk Meme Coin
Crypto-fueled fighting league Karate Combat is set to host half of its events at the soon-to-open Bonk Stadium in Miami.
📚 Watch and Learn
📹️ WATCH: Consensus 2025: Does Crypto Have a Culture?
Rug Radio's Farokh Sarmad is joined by WalletConnect Foundation Founder and Director Pedro Gomes, Sophon Founder and CEO Sebastien and MOG Creative Director Mike Three for a discussion on the changing face of crypto culture and how to onboard newcomers to the space.
📹️ WATCH: FOMO HOUR: Crypto reserves Coming, ADA soars, XRP briefly flips ETH
Trump names BTC, ETH, SOL, ADA, XRP for reserve. Trump Put’ drives rally, ADA rallies 50%. XRP briefly flips ETH FDV.
🎓️ LEARN: What is ChatGPT? The AI Natural Language Processing Tool Explained
Since its public launch, ChatGPT has dominated the conversation about AI and risen to international prominence and notoriety.
