With today’s close of Hidden Road (now Ripple Prime), Ripple has announced 5 major acquisitions in ~2 years (GTreasury last week, Rail in August, Standard Custody in 2024, Metaco in 2023). As we continue to build solutions towards enabling an Internet of Value – I’m reminding you all that XRP sits at the center of everything Ripple does. Lock in.
Bitcoin has been tested in only one country, El Salvador.
After 3+ years, usage has dropped by -99.96%, the legal tender laws have been rescinded, and the gov has shut down its BTC wallet. No one can argue this wasn’t a massive failure.
Don’t be fooled by the price—Bitcoin sucks. Its price is also entirely propped up by Tether stablecoin manipulation, a ticking time bomb.
What if the US GOV decided to come out publicly and announce that they won’t be holding any BTC? What if they just dump all they currently hold? Why would any other country hold it? Why did Germany sell? The $ is the world reserve currency. They will hold what ever the US holds.
🚨NEW per my @FoxBusiness colleague @EdwardLawrence: The #crypto executive order has officially been signed.
Here are the details:
📌The Executive Order establishes the Presidential Working Group on Digital Asset Markets to strengthen U.S. leadership in digital finance.
📌The Working Group will be tasked with developing a Federal regulatory framework governing digital assets, including stablecoins, and evaluating the creation of a strategic national digital assets stockpile.
📌The Working Group will be chaired by the White House AI & Crypto Czar @DavidSacks and include the Secretary of the Treasury, the Chairman of the Securities and Exchange Commission, and the heads of other relevant departments and agencies.
📌The White House AI & Crypto Czar will engage leading experts in digital assets and digital markets to ensure that the actions of the Working Group are informed by expertise beyond the Federal Government.
📌The Executive Order directs departments and agencies with identifying and making recommendations to the Working Group on any regulations and other agency actions affecting the digital assets sector that should be rescinded or modified.
📌The Executive Order prohibits agencies from undertaking any action to establish, issue, or promote central bank digital currencies (CBDCs).
📌The Executive Order revokes the previous Administration’s Digital Assets Executive Order and the Treasury Department’s Framework for International Engagement on Digital Assets which suppressed innovation and undermined U.S. economic liberty and global leadership in digital finance.
Grayscale XRP Trust is open to eligible accredited investors seeking exposure to $XRP, which powers the XRP ledger, a distributed network used for cross-border payments.
Learn more about Grayscale XRP Trust, see important disclosures, or reach out to us: https://t.co/2gq5w3Fbpj
Ok stop, i might’ve found ECA on the next $TRUMP or $VINE(891x) and I’m being serious.
The marketcap will be too small for me to post it publicly here..
I’ll send it to 150 people who interact with this post
Make sure you’re following me so I can dm you ..
Who’s ready?
As expected, the SEC’s appeal brief is a rehash of already failed arguments –and likely to be abandoned by the next administration. We’ll respond formally in due time. For now, know this: the SEC’s lawsuit is just noise. A new era of pro-innovation regulation is coming, and Ripple is thriving.
Learn the facts here: https://t.co/KOq1jGnKop
Rarely in American politics has a new industry spent so much money, with such apparent impact, as the cryptocurrency business did in the last election. This Sunday, Margaret Brennan reports on the industry's hopes for the new “pro-crypto” administration. https://t.co/mEN4CWeXMW