U.S. to Announce Crypto Reserve Friday

Since president Trump was elected, the entire crypto community has been waiting for the crypto reserves announcement, need to wait

U.S. to Announce Crypto Reserve, Bitcoin to Hold Special Status

Bitcoin to Lead U.S. Crypto Reserve

The U.S. Commerce Secretary Howard Lutnick confirmed that the government will announce a strategic crypto reserve on Friday, with Bitcoin playing a central role. Other cryptocurrencies will be included but treated “differently.”

President Trump’s Crypto Plan

President Donald Trump reaffirmed his commitment to a Bitcoin stockpile, expanding it to include Ethereum, XRP, Solana, and Cardano. While this move sparked excitement, some industry leaders remain skeptical. Investment firm Bernstein questioned the reasoning behind including altcoins*, while Coinbase CEO Brian Armstrong suggested Bitcoin alone would be the best option.

Crypto Summit at the White House

The announcement will coincide with the first U.S. crypto summit, chaired by AI and Crypto Czar David Sacks. Key attendees include:

• Brian Armstrong (Coinbase CEO)
• Arjun Sethi (Kraken CEO)
• Michael Saylor (Strategy Chairman)
• Kyle Samani (Multicoin Capital)
• Matt Huang (Paradigm Co-founder)

This summit will replace Trump’s planned crypto council, which was scrapped due to industry disagreements.

---

Altcoins: Cryptocurrencies other than Bitcoin, often with unique features or use cases.