Ripple executives reportedly pitched adding XRP to a federal crypto reserve during a private dinner with Trump at Mar-a-Lago.
A new memecoin promoted by Trump on X and Truth Social has sent expectations of a Trump inauguration bombshell sky
Bitcoin and the rest of the cryptocurrency market had a rough start to the year as fears rose that the Federal Reserve might be nearing its last interest rate
A leak has revealed the incoming Trump administration could create a wider crypto reserve—prioritizing U.S.-created cryptocurrencies such as XRP and
There are already media reports that other nations, including Japan, Russia and China, are accumulating bitcoin ahead of a possible SBR announcement by the US. And Trump has even indicated that he might repeal a controversial crypto accounting rule that would allow banks to hold more bitcoin.
Ripple's XRP cryptocurrency prices surged almost 30% in the past five days to trade at £2.67 ($3.25) per token on 17th January, breaking past major resistance levels and reaching an all-time high of £2.
Trump made good on that pledge last month, selecting Paul Atkins to head up the U.S. Securities and Exchange Commission. Atkins, who served as an SEC commissioner from 2002 to 2008, is widely known as a strong supporter of the cryptocurrency market.
The fall comes after the cryptocurrency experienced a meteoric rise, fueled in part by the reelection of Donald Trump.
Switzerland has proposed to adopt Bitcoin reserve, expanding the SNB's portfolio, which currently includes the dollar, euro, and gold.
Brian Armstrong, CEO of Coinbase, has publicly endorsed a proposal for global leaders to establish Bitcoin strategic reserves.
As he assumes the presidency for a second time, Donald Trump brings with him a broad expanse of business relationships and financial entanglements.