{"id":15876,"date":"2025-03-03T13:31:42","date_gmt":"2025-03-03T13:31:42","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=15876"},"modified":"2025-03-03T13:31:42","modified_gmt":"2025-03-03T13:31:42","slug":"u-s-crypto-strategic-reserve-more-likely-further-details-needed-citi","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=15876","title":{"rendered":"U.S. Crypto Strategic Reserve More Likely, Further Details Needed: Citi"},"content":{"rendered":"
\n

A U.S. crypto strategic reserve appears more likely after President Trump’s announcement<\/a> over the weekend, Wall Street bank Citi (C) said in a research report on Monday.<\/p>\n

The President announced that XRP, solana (SOL) and cardano (ADA) would be included in a strategic reserve, and later added bitcoin (BTC) and ether (ETH) to the list of assets.<\/p>\n

“The announcement of further plans for the U.S. government potentially to become a strategic holder of digital assets would add to the perceived legitimacy” of the asset class, wrote analyst Alex Saunders.<\/p>\n

Citi noted that the U.S. government currently holds about $19 billion in cryptocurrencies, mainly in bitcoin, versus $750 billion in gold.<\/p>\n

The large majority of the government’s holdings from seizures are in bitcoin, which means that is likely that the accumulation of other digital assets would be funded by open-market buys, the report said.<\/p>\n

Still, “selection criteria are not currently clear,” and pre-announcing such investments can move prices against an investor, the bank said, adding that this happened to the U.K. government with gold in the late 1990s.<\/p>\n

Additional clarity on the selection criteria for which tokens are to be included in the reserve would provide more support, the bank said.<\/p>\n

Broker Bernstein said the Federal Reserve could issue debt or sell some of its gold reserves to fund cryptocurrency purchases, in a report last month.<\/p>\n

Read more: U.S. Crypto Task Force to Focus on Delivering National Bitcoin Reserve: Bernstein<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

A U.S. crypto strategic reserve appears more likely after President Trump’s announcement over the weekend, Wall Street bank Citi (C) said in a research report on Monday. The President announced that XRP, solana (SOL) and cardano (ADA) would be included in a strategic reserve, and later added bitcoin (BTC) and ether (ETH) to the list […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-15876","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/15876","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15876"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/15876\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}