Bitcoin has been seen as “digital gold”. But Ethereum has been outperforming Bitcoin in one key ... aspect: supply expansion.Photothek via Getty Images President Trump announced yesterday that he had directed his Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, ADA, Bitcoin (BTC), and Ethereum (ETH), adding, “I love Bitcoin and Ethereum!” For years, Bitcoin has been hailed as “digital gold”—a scarce and predictable store of value. But in recent years Ethereum has quietly outperformed Bitcoin in one key aspect: supply expansion. Since...
In recent weeks, though, cryptocurrency prices are down sharply, with some of the biggest digital currencies erasing nearly all of the gains made after Trump’s election win triggered a wave of excitement across the industry.read moreUS President Donald Trump said on Sunday that three cryptocurrencies—XRP (Ripple), SOL (Solana), and ADA (Cardano)—will be included in a new US crypto strategic reserve, spiking their value in market trading.In a social media post, Trump said that his January executive order on digital assets would establish a reserve featuring these currencies. Following the announcement,...