Trump’s latest crypto moves have sent the market on a rollercoaster.
First, he posted on Truth Social that a U.S. crypto reserve would include XRP, Solana, and Cardano. A couple hours later, he had to clarify that Bitcoin and Ethereum would also be included. The market jumped 12%—only to crash the next day.
Meanwhile, the White House crypto summit is happening Friday, and not everyone is happy with the guest list. Some say it’s a step toward real regulation, while others argue that without DeFi voices, it’s just a meeting of centralized players.
So what does it all mean? David Nage, VC at Arca, joins Unchained to talk about:
4:55 Why David is unfazed by crypto’s swings around Trump’s reserve posts
9:03 David’s take on Cardano and XRP being named for the crypto reserve list
18:11 Why he thinks Bitcoin is a strong candidate for a national reserve asset
22:52 Why David isn’t impressed with the guest list at the White House Crypto Summit
26:26 Why the markets have been struggling—and what could finally turn things around
28:52 News Recap
Will real crypto policy changes emerge from this? Or is this just another distraction in a year full of big promises?
Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com
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Mantle
Guest
David Nage, VC Portfolio Manager at Arca
Links
Unchained:
Why Trump May Have Chosen This Week to Announce a Strategic Crypto Reserve
Cardano Founder Charles Hoskinson Is Not Invited to White House Crypto Summit
How Did Ripple Sell Trump on XRP in a Crypto Reserve? By Pushing for Solana
Trump Is Having Second Thoughts About His Crypto Council
David’s tweet on Cardano and Ripple
Eleanor Terrett’s tweet with the Crypto Summit guest list
David Sacks’ tweet saying that the government lost almost $17 billion
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