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Trump flags crypto reserve, mum on funding

It's been a bumper day for crypto fans after President Donald Trump took to social media to announce a proposed reserve of digital assets would include bitcoin, ether, XRP, solana and cardano. Bitcoin is up around 10% while ether jumped 13% before easing back a touch as details of how the fund would work are not clear yet and, presumably, will be outlined at Friday's White House Crypto Summit. Analysts are wondering exactly how the reserve will be funded given the government has $36 trillion of debt, so borrowing to buy crypto would seem a tough sell.

Investors are scouring emerging markets for Trump-proof bets

(Bloomberg) -- From China’s artificial-intelligence successes to Dubai’s immigrant-led boom and rising prospects of debt restructuring in Venezuela and Lebanon, the winning emerging-market trades of 2025 all help investors withstand President Donald Trump’s trade agenda. Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Globa

Oil prices stable as tariff and Ukraine uncertainty dominates sentiment

Oil prices were little changed on Monday after registering a monthly loss for the first time since November, while investors await the outcome of efforts to end the Russia-Ukraine war and repercussions from U.S. tariffs. Brent crude rose 31 cents, or 0.43%, to $73.12 a barrel by 1403 GMT, while U.S. West Texas Intermediate crude was up 25 cents, or 0.36%, at $70.01. Ukrainian President Volodymyr Zelenskiy said on Sunday that he believed he could salvage his relationship with U.S. President Donald Trump.

Bitcoin jumps 20% after Trump hints at new strategic reserve

SINGAPORE (Reuters) -Bitcoin surged more than 20% from last week's lows on Monday and several other cryptocurrencies also rallied sharply after U.S. President Donald Trump raised the possibility of a new U.S. strategic reserve that would include a range of tokens. Trump said in a post on Truth Social that his January executive order on digital assets would create a stockpile of currencies, including bitcoin, ether, XRP, solana and cardano. Ether was also up 20% from Friday's lows to $2,351, a 7% drop from Sunday's closing levels.