XRP price shifts directly impact XRPL meme coins due to automated liquidity pools, causing their values to move in sync. External factors like investor sentiment, speculative trading, and crypto whale activity can push XRPL meme coin prices beyond XRP’s influence. Ripple’s Chief Technology Officer, David Schwartz, has shed light on how XRP’s price
Ripple Unlocks 1B XRP as XRP Enters US Reserve—Bullish or Bearish?
Ripple unlocked 1 billion XRP worth $2.8 billion, coinciding with the U.S. government confirming XRP’s inclusion in a strategic crypto reserve. Despite the release, past patterns suggest a large portion of XRP could be re-locked, limiting market supply expansion. Ripple has unlocked 1 billion XRP, worth approximately $2.8 billion, marking its first
Standard Chartered Bank Re-focuses On $500,000 Bitcoin Target After Trump Crypto Reserve Announcement
Bitcoin Magazine Standard Chartered Bank Re-focuses On $500,000 Bitcoin Target After Trump Crypto Reserve Announcement Just one day after U.S. President Donald Trump announced that Bitcoin is going to “at the heart” of a national strategic crypto reserve, Standard Chartered Bank’s Head of Digital Asset Research Geoff Kendrick stated that he is now
Why SEC Clarity is Essential for US Crypto Reserves: Insights from Industry Exec
The uncertainty surrounding regulation in the cryptocurrency space has led to concerns about the lack of a clear framework to ensure investor protection. In a recent statement, a senior executive at the U.S. Securities and Exchange Commission (SEC) emphasized the importance of regulatory clarity to safeguard investors’ interests. The executive high
Trump’s Crypto Shake-Up: Political Miscalculation or Market Manipulation?
The strategic crypto reserve plans stirred a market rally and immediate slump. Industry leaders are at odds with the plans for altcoins in the proposed reserve amid claims of manipulation with recent events. US President Donald Trump finally announced the creation of a strategic crypto reserve after months of speculation. While the community expres
US Congress Members Set to Launch Exciting and Uniting ‘Congressional Crypto Caucus’
A group of lawmakers in the United States have joined together to form a bipartisan Congressional Crypto Caucus. This caucus aims to address issues related to cryptocurrency and blockchain technology in a collaborative manner. The Congressional Crypto Caucus consists of members from both the Democratic and Republican parties, indicating a united ef
Understanding Bitcoin Reserves: How Civil Asset Forfeiture Influences Incentives
Bitcoin Magazine Bitcoin Reserves And The Incentives Of Civil Asset Forfeiture Recently, President Trump unveiled the highly anticipated Strategic “Bitcoin” Reserve on Truth Social, sparking outrage among many in the cryptocurrency community. Initially, the Reserve appears to include more than just Bitcoin. “They’re promoting diversity, equity, and
Exploring the Journey of Bybit’s Lost Ethereum through North Korea’s Washing Machine
Bybit’s Ethereum Loss Linked to North Korea’s Money Laundering Schemes Recently, cryptocurrency exchange Bybit reported an unfortunate incident where a large sum of Ethereum was lost. The details of the incident revealed a connection to North Korea’s alleged involvement in various illicit activities, including money laundering. The timeline of even
Bitcoin Successfully Closes Its CME Price Gap, What’s Next For BTC?
After a period of heightened volatility, Bitcoin, the flagship crypto asset, appears to have found its footing, undergoing a surge back to the $94,000 price mark. BTC’s renewed upward movement has allowed it to close key price gaps, reflecting a bullish outlook for the asset. CME Gap Finally Closes Following Bitcoin’s Price Recovery Bitcoin’s curre
Bitcoin Reserves And The Incentives Of Civil Asset Forfeiture
Bitcoin Magazine Bitcoin Reserves And The Incentives Of Civil Asset Forfeiture Yesterday, President Trump announced the long awaited Strategic “Bitcoin” Reserve on Truth Social, and many in the space are pissed. First, the Reserve appears to be far from Bitcoin only. “They’re doing DEI for Charles Hoskinson,” former CoinDesk Chief Insights Columnis