Trump unveils US crypto reserve

Key market insights

• Trump's crypto reserve backs BTC, ETH, and major alts - The US crypto strategic reserve will include not just Bitcoin and Ethereum, but also major alts including XRP, SOL, and ADA
• Altcoins soar on reserve announcement - XRP, SOL, and ADA saw massive spikes following Trump's official crypto reserve reveal
• SEC says meme coins are not securities - The US SEC has stated for the record that meme coins don't meet the definition of securities.

The weekly trading stats as of Monday, March 3rd at 11:00 am AEDT, based on data from Tradingview in USD.

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Trump unveils US crypto strategic reserve

US President Donald Trump announced the establishment of a crypto strategic reserve, aiming to position the US as the global leader in the cryptocurrency industry. The reserve will include major digital assets such as Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA).

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Altcoins soar over 70% in 24 hours on Trump's announcement

Following Donald Trump's announcement of a US crypto strategic reserve, altcoins experienced significant price surges. Cardano (ADA) led the rally, soaring over 72.15% in Sunday's trading session to surpass US$1.00. XRP also saw substantial gains, climbing more than 30% to reach around US$2.99. Solana (SOL) followed suit, climbing 24% to reach a high of US$179.

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SEC clarifies meme coins are not securities

The US Securities and Exchange Commission (SEC) has confirmed that meme coins are not classified as securities. Unlike traditional investments, they don’t produce income or depend on a company’s performance to derive value. Instead, their price is driven by speculation and market demand, similar to collectibles. As a result, meme coin sales do not require SEC registration. However, the SEC cautions that simply labelling a token as a meme coin doesn’t automatically exempt it from securities regulations—what matters is how it operates in the market

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BlackRock adds IBIT Bitcoin ETF to alternative asset model portfolio

BlackRock, the world's largest asset manager, has added a 1-2% allocation of its iShares Bitcoin Trust (IBIT) to model portfolios that permit alternative assets. This marks the first time BlackRock has ever included IBIT in its models, signaling broader institutional adoption of Bitcoin.

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Looking ahead

Just a week ago, the crypto market took a sharp hit amid concerns over new U.S. tariffs and broader economic uncertainty. Despite the turbulence, Bitcoin held firm. Now, following Trump’s announcement of a U.S. Crypto Strategic Reserve, the market has come roaring back, with Bitcoin surging toUS$95,000 and major altcoins posting significant gains.

Institutional sentiment is strengthening, driven by the SEC’s clarification that meme coins are not securities and BlackRock’s continued expansion into Bitcoin ETFs. While volatility remains, this week’s rebound highlights the impact of macro trends and regulatory clarity as key forces shaping the market’s next moves.

All eyes are now on how policymakers and institutions respond in the coming weeks, and whether this bullish momentum can carry through the rest of the year. We’ll continue to track market reactions, institutional developments, and key economic shifts, so stay tuned for updates.

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