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Ripple News
Bitcoinist
4w
111
Image Credit: Bitcoinist
Trump’s Bitcoin Reserve Shouldn’t Include Altcoins – ‘Miscalculation,’ Says Bitwise
- US President Donald Trump's decision to include a variety of altcoins alongside Bitcoin in the newly formed Crypto Strategic Reserve has faced criticism from industry leaders and experts.
- Bitwise's Head of Alpha Strategies, Jeff Park, called it a 'huge political miscalculation' and stressed the importance of focusing solely on Bitcoin as the premier digital store of value.
- Bitwise CEO, Hunter Horsley, noted that the term 'reserve' implies a focus on stability and global recognition, which are features largely attributed to Bitcoin rather than newer assets.
- Other industry figures, including Coinbase CEO Brian Armstrong and Lightspark CEO David Marcus, expressed their preference for Bitcoin as the primary asset in the reserve.
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TheNewsCrypto
4w
317
Image Credit: TheNewsCrypto
Ripple CTO Explains How XRPL Meme Coins Mirror XRP Price Movements
- Ripple CTO David Schwartz explains that most XRPL meme coins rely on AMM liquidity pools with a fixed XRP exchange rate, making their prices move in tandem with XRP.
- Notable XRPL meme coins such as 'XRP ARMY' have reached a market cap of $26.1 million, supported by liquidity pools around $2.09 million.
- Independent factors like community hype, whale activity, and profit-taking can also affect the prices of XRPL meme coins, despite their close link to XRP.
- Investors in XRPL meme coins need to monitor both XRP's price changes and meme coin-specific factors to make informed trading strategies.
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Cryptonews
4w
165
Image Credit: Cryptonews
Trump’s Crypto Reserve Plan Faces Uncertain Future with Potential Congress Vote
- President Trump’s post about including Bitcoin and various altcoins in a US reserve initially triggered significant market rallies before prices crashed.
- Establishing a cryptocurrency reserve is a complex process requiring congressional approval, with several states already rejecting similar proposals.
- Some crypto experts argue for a Bitcoin-only approach to the reserve, questioning the inclusion of altcoins like XRP, Solana, and Cardano.
- Ripple’s CEO suggests that the crypto industry needs unity rather than division to achieve mainstream adoption.
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Bitcoinist
4w
286
Image Credit: Bitcoinist
‘Just Words’: Arthur Hayes Criticizes US Crypto Strategic Reserve, Cites Funding Concerns
- Arthur Hayes, the founder of BitMEX, has criticized the recently announced US Crypto Strategic Reserve, calling it 'just words' and questioning its feasibility without the approval of the US Congress.
- The US Cryptocurrency Strategic Reserve was announced by President Donald Trump, following the executive order to strengthen American leadership in digital financial technology. Trump stated that top cryptocurrencies made in the USA, including Solana, Cardano, XRP, Bitcoin, and Ethereum, would be part of the reserve.
- However, Hayes and other market analysts have expressed concerns about funding the reserve. They highlighted the need for congressional approval, allocation of funding sources, and the establishment of a compliance framework by various agencies.
- Some community members believe that Trump's announcement signals the start of a crypto arms race, with Bitcoin and Ethereum being considered as the most important assets.
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Crypto-News-Flash
4w
53
Image Credit: Crypto-News-Flash
Blockchain Investigator Finds 2.7B XRP in Dormant Wallets—Tied to Ripple Co-Founder?
- Long-dormant XRP wallets linked to Ripple co-founder Chris Larsen have been reactivated, moving $109 million worth of XRP to exchanges.
- The sudden activity in these wallets has raised speculation about Larsen's motives and whether he may have lost access to the funds in the past.
- The significant amount of XRP being transferred could have market implications, but the price of XRP has remained relatively stable.
- In the broader context, the recent announcement of the U.S. Strategic Crypto Reserve, which includes XRP, adds to the evolving nature of digital assets in the global financial system.
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TronWeekly
4w
335
Image Credit: TronWeekly
Ripple Co-Founder Chris Larsen Connected to Billions in Inactive XRP Accounts
- ZachXBT has uncovered dormant XRP wallets linked to Ripple co-founder Chris Larsen, holding around $7.18 billion, with some inactive for 6-7 years.
- Transaction records show that over $109 million worth of XRP was moved to exchanges like Coinbase, Bitstamp, and Bybit, fueling speculation.
- After the news broke, XRP's price surged 18%, reaching a high of $2.93 before closing at $2.60.
- Discussions have emerged within the crypto community about the significance of these 'untouched funds' and Larsen's control over the identified accounts.
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Crypto-News-Flash
4w
393
Image Credit: Crypto-News-Flash
Ripple Unlocks 1B XRP as XRP Enters US Reserve—Bullish or Bearish?
- Ripple has unlocked 1 billion XRP worth $2.8 billion, coinciding with the U.S. government confirming XRP’s inclusion in a strategic crypto reserve.
- Past patterns suggest a large portion of XRP could be re-locked, limiting market supply expansion.
- Wallet activity indicates movement towards potential re-locking of XRP.
- XRP's inclusion in the U.S. reserve has driven a wave of investor optimism and XRP price surge.
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Insider
4w
326
Image Credit: Insider
Trump wants America to stockpile crypto. Here's how that could work.
- President Donald Trump plans to establish a US strategic cryptocurrency reserve including popular cryptocurrencies like bitcoin, ether, XRP, sol, and ada.
- This initiative has led to a surge in the prices of these cryptocurrencies and boosted the overall crypto market value by $300 billion.
- While the exact details of the plan are yet to be revealed, Trump aims to make America a global leader in financial innovations like blockchain through this reserve.
- Trump's push for a crypto reserve has been viewed as a strategic move to dominate the global crypto market and hedge against inflation.
- The chosen cryptocurrencies have specific functions: bitcoin as digital gold, ether for smart contracts, XRP for cross-border payments, sol for scalability, and ada for sustainability.
- Concerns have been raised about the volatility and security risks associated with holding crypto assets as strategic reserves.
- Critics question the reliance on cryptocurrencies given their susceptibility to theft, regulatory uncertainties, and close affiliations with certain entities.
- Despite the enthusiasm among investors for this initiative, uncertainties remain about the implementation and effectiveness of a strategic crypto reserve.
- The plan to establish a US strategic cryptocurrency reserve signifies a significant step towards mainstream adoption and legitimization of cryptocurrencies.
- The Trump administration's move has been seen as a potential game-changer that could accelerate the integration of cryptocurrencies into traditional financial systems.
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Crypto-News-Flash
4w
375
Image Credit: Crypto-News-Flash
Cardano Founder Explains Why Trump Chose XRP for Strategic Reserve – Schiff Disagrees
- Cardano founder, Charles Hoskinson, defends the inclusion of XRP in the US crypto reserve.
- Ripple CEO, Brad Garlinghouse, commends Donald Trump's effort and criticizes maximalism in the crypto industry.
- Bitcoin proponent Samson Mow and Pierre Rochard criticize the inclusion of XRP in the strategic reserve.
- XRP price surges by 16% in the last 24 hours following the announcement.
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TronWeekly
4w
433
Image Credit: TronWeekly
XRP Surges and Hit $2.96 as Trump’s Crypto Reserve Plan Leaks
- XRP surges 20% in 24 hours, trading at $2.68 amid crypto reserve rumors.
- Trump directs Crypto Strategic Reserve, including XRP, SOL, and ADA.
- Market speculates on the US government’s potential purchase of the token.
- Investors closely monitoring developments to shape XRP’s future trajectory.
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26 Likes
TronWeekly
4w
170
Image Credit: TronWeekly
XRP’s 34% Surge Sets Stage for Massive Rally—Analyst Eyes $77
- XRP surged 34% to $2.96 before settling at $2.80, with trading volume soaring 502.71% to $19.33 billion.
- Donald Trump's statement on XRP, ADA, and SOL in US Crypto Reserve fueled market speculation.
- Analyst Dark Defender predicts XRP could hit $77.7, marking a 2,650% surge if key levels break.
- XRP made waves today with a dramatic price jump of 34%, soaring from $2.20 to a peak of $2.96 before settling at $2.80.
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10 Likes
TheNewsCrypto
4w
299
Image Credit: TheNewsCrypto
ZachXBT Sparks Debate on ADA and XRP While Trump Pushes Crypto Policy
- ZachXBT argues ADA and XRP lack legitimacy due to missing major stablecoin issuers.
- The crypto community debates ADA and XRP's legitimacy and viability in comparison to Ethereum and Solana.
- ZachXBT states that the presence of major stablecoins is crucial for a blockchain's legitimacy.
- Former President Trump's proposal to integrate crypto into a national reserve receives mixed reactions.
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Newsbtc
4w
389
Image Credit: Newsbtc
XRP Surge Incoming? Analyst Predicts $77 Target—Here’s When
- XRP analyst predicts a target of $77.7 by 2027, but key support and resistance levels must be monitored.
- Resistance levels to watch are $5.85, $8.03, and $18.22, while support levels are $2.60 and $2.77.
- The market's reception to XRP remains divided, with some analysts skeptical, while others see growth potential due to Ripple's legal challenges and bank acceptance.
- Other forecasts range from a more conservative $5 to $7 in the first half of 2025, to a broader range of $5 to $100 depending on external variables.
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23 Likes
Zebpay
1M
152
Image Credit: Zebpay
Trump Unveils Plans for U.S. Crypto Strategic Reserve
- U.S. President Donald Trump announces the creation of a U.S. Crypto Strategic Reserve, focused on crypto adoption and integration.
- The initiative includes key crypto assets such as XRP, Solana, and Cardano.
- Bitcoin and Ethereum will serve as the core pillars of the reserve.
- The market reacts positively, with a surge in major crypto assets and growing optimism.
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9 Likes
TronWeekly
1M
111
Image Credit: TronWeekly
Ripple unlocks 1 billion XRP after US adds it to strategic reserve
- Ripple has unlocked 1 billion XRP in the first escrow release since being added to the US strategic reserve.
- The release took place in three separate transactions, distributing the tokens across different wallets.
- The XRP-linked wallets have not moved the received tokens yet.
- This development aligns with Ripple's monthly escrow schedule and the recent inclusion of XRP in the US reserve.
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