Odaily News Investment bank TD Cowen said that US President Donald Trump's announcement on Sunday that the United States will establish a crypto strategic reserve holding Bitcoin, Ethereum, XRP, Solana and Cardano appears to be uncoordinated and the source of funds is unclear. TD Cowen's Washington research team wrote in a report, "We caution against overreacting to social media posts. The initial version did not even include Bitcoin and Ethereum as part of the reserve. This shows in our view that it was not coordinated and there was no discussion of how the government would obtain funds to purchase tokens." (Theblock)