solana the. >> ripple linked.dano. >> now president trump. >> called. >> it a way to elevate. the crypto industry. after what he referred to as years. >> of corrupt attacks. >> during the biden administration. the announcement builds on a january executive order that directed a working. group to evaluate. >> a national. >> digital asset stockpile. >> but this new language reserve, instead of stockpile, could signal that the us government is. >> considering active. >> accumulation of crypto assets rather than. >> just. >> holding seized tokens. now markets reacted instantly, bitcoin and ethereum both surging over. >> 10%, and. >> the smaller tokens included in the reserve. >> rallying as much. >> as 70%. >> now attention. >> turns to friday's white house. >> crypto summit. >> where investors will be looking for more details on how this reserve will be structured. whether this means actual government. buying and if the president plans. >> to. >> push this through without congressional approval. >> a lot of questions

bitcoin and ether have soared around 20% from their lows them in a post on sunday, along with xrp, solanaromised more detail at a white house crypto that's restored investor confidence after weeks of losses after the trump administration appeared aweek a week ago bitcoin took a sudden _ a week ago bitcoin took a sudden nosedive - a week ago bitcoin took a sudden nosedive from -

ethereum and. >> a trio. >> of high. >> volatility tokens. >> solana. xrp and.reserve. the crypto market has largely priced. >> in the news. >> after a weekend rally that saw cardano surge 70%, while bitcoin jumped from 78 k. to over $95,000 before pulling back now. one key driver behind these gains is the president's shift in language from stockpile. >> to reserve. >> a signal that the us may actively acquire and manage digital assets rather than. >> just holding seized tokens. >> attention now turns to friday's white house crypto summit, where investors are waiting to see whether. trump's ai and. crypto czar david. >> sacks outlines a. >> buying strategy. but even the industry's biggest bulls are raising concerns about using taxpayer dollars to put virtual coins on the country's balance sheet, especially when the us. is already running a $2.1 trillion deficit. >> and unlike. >> traditional reserves. >> of gold, petroleum. >> or grain. commodities stockpiled for strategic security, this reserve would function more like a speculative investment portfolio, so its

difficult. he expects to be included in a new us strategic reserve others on the list include xrp, solana the total cryptocurrency market has risen around 10% — on sunday. trump has previously said he wants the us to be crypto capital of the world. relieved by the news. so far this year. coins which collapsed in price, an argentine version — $libra — did the same, and there was a major ethereum theft from a dubai—based firm of more than $1 billion, and bitcoin — the flagship for cryptocurrency — its price was down by nearly a quarterfrom its high. so this news from president trump following through from however it is going to work — because that suggests crypto uses of money. of the recent bad press it has received recently — like that huge hack that cost billions to many investors going to advance and make gains this year off the back of president trump. reserve is going to work. physical oil in louisiana and texas, it has a strategic gold reserve at fort knox in kentucky. favourably disposed. and you also have mr musk at the department of and blockchain more widely. before we let you go

solana, doge and others. this is all after president trump announced over the weekend that america would create a strategic cryptocurrency reserve. bitcoin prices were just around 78 to 79,000 at one point on friday, they rallied to roughly $95,000 in the last 24 hours. shares of crypto related stocks like coinbase, robinhood holdings, riot platforms, microstrategy, strategy these days, they're all higher as a result. but off the best levels of the session. so, kelly, keep an eye on those cryptocurrencies a little bit of movement there. i'll send things back over to you from yes, the cube slash fortress of solitude. >> you dom. the one month extension of sweeping tariffs on mexico and canada is set to expire at midnight tonight. and while the commerce secretary and others suggest the tariffs could be reduced or even called off, my next guest says the market is not ready for them to actually go forward. tobin marcus is head of u.s. policy and politics at wolfe research. tobin, it's great to see you. welcome. >

others on the list include xrp, solana and cardano.rrency data firm coingecko, the total cryptocurrency market has risen around 10% — that's some $300 billion — since trump's announcement on sunday. trump has previously said he wants the us to be crypto capital of the world. russ mould, who's the investment director at aj bell, explained why many crypto investors will be relieved by the news. yes, it had not been going so well for crypto so far this year. you've had the failure of the trump and melania meme coins which collapsed in price, an argentine version — $libra — did the same, and there was a major ethereum theft from a dubai—based firm of more than $1 billion, and bitcoin — the flagship for cryptocurrency — its price was down by nearly a quarterfrom its high. so this news from president trump following through from campaign promises is probably quite a big source of relief for crypto holders and is probably seen as a sign of legitimacy there is this strategic reserve — however it is going to work — because that suggests crypto

on truth social he says it will include bitcoin, ether, xrp, solana's token and cardana's ada.serve sending values skyrocketing and partly reversing a recent slump. trump and his wife recently launched their own branded meme coins. >>> the shutter of skype. microsoft is pulling the plug on the pioneering internet telecommunications and video call platform that it bought nearly 14 years ago for $8.5 billion. things like zoom, facetime, messenger, and whatsapp have let people connect in ways that made it difficult for skype to compete. it will be done in may. >>> at the weekend box office, "captain america: brave new world" is still on top. it brought in another $15 million even when most of hollywood's attention was on the oscars. the only significant new elease, "last breath," earned $7.8 million. number three was "the monkey" with $6.4 million. >>> that's your "money watch" report for this monday morning. i'm matt pieper, cbs news, new york. >>> next, tribute on ice. the skating community comes together to remember the victims of the d.c. plane crash. (vo) if you have graves'

. >> solana.e high growth tech stocks. >> which don't. >> serve the same purpose as a sovereign asset on the country's balance sheet. >> right? mackenzie. thank you. mackenzie. sigalos. what did you make of this? the swing. the massive swing that we saw. >> well, so solana, for example, was one went from 140 to 1 80 to 140. so that's a pretty gigantic move. >> it was interesting. >> to me to see the. rift within the community of various crypto interests. >> about whether. >> he should be doing this or not, how to implement it. but so i. >> think it's sort. >> of i don't know, it's somewhat tarnishes the coin. if you could do that to a digital coin, i think it, it, it doesn't clarify. >> the message, which i think is. >> what people are hoping. >> yeah. and it just when you start to look at the bull case on bitcoin is always the limited supply. but when you look at this we're not going to be the only government buying. there's already other reserve banks that are buying. small amount of countries h

others on the list include xrp, solana and cardano. the total cryptocurrency market has risen aroundu. so another ti: hours in the world of cut-— crypto. yes, it had not been so well crypto. yes, it had not been - so well for _ crypto. yes, it had not been - so well for crypto - crypto. yes, it had not been - so well for crypto so l going so well for crypto so far this year. you had the failure the trump coins which of the trump coins which collapsed in price and an argentinian did the argentinian version did the same and there was a major theft of a dubai —based firm -e—— the price was down by and the price was down by nearly quarter. so this news nearltla euarter; seth-me: — — . —— president trump from president trump following through from promises through from campaign prom isss quite through from campaign errmrses quite 5 5 source of is public guitera big source of for crypto holders and relief for crypto holders and is probably as sign of is probably seen as a sign of legitimacy there is this reserve however it is work because 7 7 work because that can 5555 te set tissues that

the presidential working group to move forward with the crypto strategic reserve he mentioned xrp solanat about bitcoin and ethereum i love those as well were getting more details of what we can expect from this administration. >> on the market bitcoin is at 92 trump will impose a additional 10% tariff on china that's what we think it to be 10% that's not good news for chinese companies. >> more uncertainty in tariffs this is the additional 10% after the previous 10% that was already announced in february and this is always a game of chicken who need two more, do they need us more, do the tariffs them do they pass on the price increases to us, getting some volatility within the chinese companies names until you get more details on what this means. >> i think it's a new possibility of intel being bought out and there are big names involved. >> this is interesting. i'm not sure if it's a full buyout but is definitely a partnership. we hear that companies like nvidia, broad, maybe amd are running manufacturing test with intel basically decided if these companies will commit hundreds of mill

social to discuss the crypto reserve, which include lesser-known digital assets like xrp, sol, and solana i guest covers crypto for us at bloomberg. we should point out some of the crypto stocks like marathon and others are still in the green. how much stock you can we put in that announcement trump made over the weekend about the cryptocurrency reserve, as well as the big crypto summit that is coming up friday at the white house? >> it's a good question, and the key thing to keep in mind as we are lacking details bid we have the social media announcement over the weekend that mentioned these, maybe we could call them lesser-known coins, and later the president tweeted again to say, you know, they point and either are going to be included as well. i think it is very -- it is not unsurprising to see the initial enthusiasm lead to a rally in prices and a comeback. it is something we've seen in the last couple weeks, last couple of months. you see the short euphoria and then a drawdown following, you know, once things settle down a little bit and people start to look at the announcement but

supporter john deaton is here on the administration to a strategic crypto reserve that will include x rp, solana and cardone no in addition to ether and bitcoin. we have a big week of data and earnings for the retail that could heat up or chill the market president trump announcement on terrorists let's get right to the floor showed joined by trader kenny polcari and we have a fear fountain in the final hour. what happened to the farewell february optimism. it really looks like things started and we can look at the two days in the intraday's is started to go south when the president reiterated the tariffs are going into effect tonight. it's not like this came out of left field he's been telegraphing that he campaigned on and very confident about it, he told the markets that. i think the market knows were playing the game of cat and mouse never believing or think there's good to be a last-minute deal and there may be a last-minute deal you know how you said in your opening statement we have eight hours to go a lot can happen in eight hours. that is true and he was sitting next to be on the set le

he said it will include bitcoin and ether, as well as solana's, xrp and cardano's ada. now the use of a reserve, it assumes that the u.s. will actively buy crypto in regular installments. cryptocurrencies rallied burritf president trump's. even if president trump follows through on his promise to impose tariffs on america's largest trading partners. now, that was the word from the chain's ceo, who told nbc's hallie jackson last night that his company plans to absorb any increased costs, at least for now. he did caution that price changes could eventually come if elevated costs become a, quote, significant headwind. guys, but for now, don't worry. burrito prices staying the same. yeah, and i like the burrito bowls too. so i think we're safe on all fronts. yes, yes. me too. i'm all for the burrito bowls. more protein, less carbs. that.n avocado. okay. yeah. you and me both. all right. hey, i want to tell you about this. you know, the park that the city voters approved for san francisco's great highway? well, officially, it has an opening date next month. voters passed pro

now, he said it will include bitcoin and ether, as well as solana's, xrp and cardano's ada.s the us will actively buy crypto in regular installments. cryptocurrencies rallied following the news. now, the president says the executive order will further his goal to make the u.s. the crypto capital of the world. and it comes as he prepares to preside over the first white house crypto summit on friday. and captain america brave new world remained at the top of the box office this weekend, but it brought in less than stellar numbers. the disney marvel movie fetched $15 million, according to studio estimates. that's a big fall from its $120 million opening weekend, as it struggles to match the success of previous marvel releases. the film could remain at the top of the box office for a while, as it faces little competition through march. meanwhile, focus features last breath took the second place spot this weekend, earning $7.8 million in its debut. with your cnbc morning business report, i'm silvana henao. thanks, silvana. okay, chipotle customers won't see the cost of their burr

solana, cardano, bitcoin and ether would be included in the nation's new strategic crypto reserve.ames had previously not been announced. all five digital assets spiked with bitcoin surging as much as 11% were up about 9% in the latest trade. now, sticking with the tech sector, karen joins us from the mobile world congress in barcelona, which starts today with a top of the agenda. karen good morning. i'm very keen to hear what the conversation has been like on the ground in barcelona. >> juliana, just to. >> remind the audience that telecommunications is the architecture that underpins connectivity, connectivity, all important for ai. so it's. >> not. just about routers and. >> switches and towers. >> it is about how we run ai on systems of. >> the future. and don't forget, there's been a big argument in europe that regulation has been too tough for too long, which is slowing europe down. i heard a lot of that commentary yesterday from tim. >> lucas, the ceo. >> of deutsche telekom. when i caught up with him, he had a very short. >> wish list. >> saying, look, we need more spectrum

ripple, solana and cardano were part of the original post on truth social, sending those tokens higher as well. but you're looking now of the declines from those recent highs. today was the first day investors had the chance to get into some of those bitcoin etfs. so those are still a little bit higher. so are the stocks in the bitcoin universe like michael saylor's strategy. but it's currently trying to stay positive up only about a 10th of a point. >> meantime the hottest group of stocks in the entire global stock market right now are the european defense companies names you have probably never thought about or never heard of are soaring. it's all in the thinking that europe will have to ramp up its own defense spending to help ukraine defense and defense related companies. they are soaring overseas names like italy's leonardo, paris based palace group, dassault aviation, bae systems, germany's rheinmetall and more. they're not just hired today, kelly, but they're up huge this year. anywhere from 23 to 80%. i will post the full name to my x account at cnbc. >> look at those gains yea