This Unchained podcast episode interviews David Nage, a VC at ARCA, about the volatile crypto market reactions to President Trump's announcement of a US Bitcoin reserve and digital asset stockpile. The conversation analyzes the potential inclusion of XRP, ADA, and Solana in the reserve, with Nage expressing skepticism due to their limited market penetration and decentralized nature. Nage also discusses the upcoming White House crypto summit, its attendee list dominated by centralized exchanges, and his belief that a focus on stablecoin regulation is likely. He concludes by comparing the current market situation to the Reagan era, suggesting a period of uncertainty before policy clarity leads to market stabilization. The episode also includes listener comments and news updates on various crypto events.