Trump orders creation of strategic cryptocurrency reserve

Us President Donald Trump has announced the creation of a us strategic Crypto reserve, which will include Bitcoin, ether, Xrp, Solana (Sol) and Cardano (Ada).

The move comes after years of corruption attacks by the Biden administration, according to Trump.

He made the announcement on his social media platform, truth social, and stated that a us Crypto Reserve would elevate this critical sector after the attacks.

Bitcoin and Ethereum, the two largest Cryptocurrencies by market capitalization, were not mentioned in his statement.

Cryptocurrencies rallied on Sunday after the announcement, with Xrp surging 33%, Solana's Sol token jumping 22%, and Cardano's Ada rising more than 60%.

Trump's executive order on Digital assets directed the Presidential working group to move forward on a Crypto strategic reserve that includes Xrp, Sol, and Ada.

He stated that he will make sure the us is the Crypto capital of the world and that Btc and Eth, as other valuable Cryptocurrencies, will be at the heart of the reserve.

The announcement has sparked a rally in the Cryptocurrency market, with Xrp surging 33%, Solana's Sol token jumping 22%, and Cardano's Ada rising more than 60%.

This is the first time that Trump has specified his support for a us strategic Crypto Reserve.

Reference Sources

1. markets - Donald Trump Names XRP, SOL, ADA, But not BTC as Part of U.S. Crypto Reserve
2. cna - Trump names cryptocurrencies in strategic reserve; prices spike
3. cnbc - Trump announces strategic crypto reserve including bitcoin, Solana, XRP and more
4. newsukraine - Trump orders creation of strategic cryptocurrency reserve

China’s Tsinghua University to expand undergraduate enrollment, prioritizing AI+ talent cultivation

(Photo: Chien-Ying Chiu)

Tsinghua University, one of China's prestigious universities, plans to increase its undergraduate enrollment quota by approximately 150 students in 2025 and will establish a new undergraduate school dedicated to cultivating Interdisciplinary talents integrating artificial intelligence (ai) with multiple disciplines, thereby advancing the development of Ai-Related professionals.

The newly founded school is expected to consolidate Tsinghua's advantageous academic resources, emphasizing the driving role of ai Technologies in education, teaching, and scientific innovation. rooted in the integration of ai and other fields, it aims to pioneer Ai-Empowered educational paradigms to nurture Versatile talents with profound ai literacy, technical mastery, and exceptional innovative capabilities.

Tsinghua University has already achieved milestones in ai talent training and Ai-Enabled education. earlier in February, it offered a course on large language models (Llms) and Generative ai, which was enjoyed by students who flocked to the first class of this new semester.

If successful, this initiative may act as a model, offering valuable experiences for other universities across China.

Read: The Gen Z Tsinghua Graduates Driving AI in China

Reference Sources

1. globaltimes - Tsinghua to expand undergraduate enrollment, prioritizing AI+ talent cultivation

From Alaska to Maine, communities that border Canada worry US tariffs come at a personal cost

(Source: Shutterstock)

President Donald Trump has announced that he will impose a 25% tariff on most imported Canadian goods and a 10% tariff on Canadian oil and gas, with Mexico also facing a 25% tariff.

The tariffs have caused a range of emotions along the world's longest International border, where residents and industries are closely intertwined. ranchers in Canada rely on American companies for farm equipment, and export cattle and hogs to us meat processors, while us consumers enjoy thousands of gallons of Canadian Maple syrup.

The tariffs have touched off a range of emotions along the world's longest International border, where residents and industries are closely intertwined.

When Prime Minister Justin Trudeau steps down in a few days, his successor will face the worst relations between the U.S. and Canada since the trade war of the great depression.

Arguably, they are nearing a nadir not seen since the 19th century. after a week of confusing signals from the White House, Mr. Trump said he was committed to imposing potentially devastating 25 percent tariffs on most exports from Canada except oil and gas, which face a 10% tax.

If we recall when Mr. Trump first started proposing tariffs on Canada and Mexico, which now seems a very long time ago, Mr. Trump had two justifications.

Reference Sources

1. nytimesen - Canada-U.S. Relations Continue to Reach Lows Over Tariffs and Annexation Threats
2. usnews - From Alaska to Maine, Communities That Border Canada Worry US Tariffs Come at a Personal Cost
3. apnews - From Alaska to Maine, communities that border Canada worry US tariffs come at a personal cost
4. latimes - From Alaska to Maine, communities that border Canada worry U.S. tariffs come at a personal cost

The CommonWealth English daily news digest is a service curated by CommonWealth English team with the help of AI tools.

Have you read?

• Taiwan's Semiconductor Industry in the Trump 2.0 Era: Challenges and Prospects
• The Gen Z Tsinghua Graduates Driving AI in China

Uploaded by Ian Huang