Which Crypto Assets Belong in a Reserve? This VC Says Not XRP and ADA

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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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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