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Trump names cryptocurrencies in strategic reserve; prices spike.
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Ripple (XRP) Gains as U.S. Treasury Signals Plan to Maximize Value of Its Crypto Reserve Holdings
➤ A U.S. Treasury official's statement on maximizing the value of crypto reserves, including Bitcoin, has positively impacted sentiment for assets like XRP. ➤ The article contrasts XRP's limited revenue capture for holders with the Ruvi (RUVI) AI superapp's model, which offers structured exposure through revenue capture, buybacks, and contributor payouts. ➤ Ruvi is presented as a tokenized equity-like investment with a fixed supply and verifiable on-chain mechanics, attracting capital rotation from XRP.
Pundit: “U.S Crypto Reserve Leaked Everything, All Path Leads to XRP” – Here’s How
Pundit claims U.S. crypto reserve leak reveals XRP’s central role. Ripple’s XRP allegedly linked to Swift and federal financial systems. Expert suggests America’s crypto framework quietly built around XRP integration. A recent claim from a crypto commentator, Ripple Bull Winkle, has drawn widespread attention after he alleged that the United States’ crypto reserve system has already been leaked…
Arizona Considers Joining Federal Bitcoin Reserve Plan: A First for States?
Arizona is potentially leading the charge among U.S. states vying to establish a crypto reserve as an integral part of its financial strategy. Legislation supporting this initiative has been approved, primarily with Republican backing. However, the future of the bill hinges on Governor Katie Hobbs, a Democrat, whose stance remains uncertain given her recent vetoes of several bills. If approved,…
Don's crypto con.
March 20, 2025
As many have pointed out, cryptocurrencies are simply a high-tech means for con artists to vacuum up money from stupid people. This is especially true of so-called meme coins, which are digital items that are simply traded and — unlike cryptocurrencies, such as Tether — don't even pretend to have any value. So, is it any surprise that a career criminal like Donald Trump would be attracted to such a potentially lucrative flim-flam?
Early in his presidential campaign, Trump referred to crypto as a "scam." But once he grasped its possibilities for larceny, he radically changed his tune. And last September launched his own crypto business, World Liberty Financial.
Then, three days before his inauguration he introduced a meme coin labeled $Trump. The First Consort also joined in the swindle, issuing a $Melania coin from her company, MKT World LLC. According to the Financial Times, an army of digital imposters immediately tried to cash in on the president’s name and make their own crypto killing with hundreds of “copycat and spam coins.”
After reaching a peak of over $14.5 billion in overall market value (the pump), early investors pulled out (the dump), and the price of $Trump plummeted by over 80%. Meanwhile, the $Melania meme coin lost 87% of its initial $1.1 billion market cap. And tens of thousands of fanatical MAGA purchasers lost money. The Trumps, of course, made out like bandits.
This adventure in easy money naturally left Trump infatuated with the crypto scam. So, he's recently announced the creation of a "Strategic Bitcoin Reserve," whose intent is to make crypto coins a reserve asset of the government. Declared Trump, “A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration."
Of course, it's not anything close to a critical industry. And the Treasury can't legally use taxpayer money to invest in bitcoins, anyway — just like it can't buy corporate stocks. The only crypto it does own is whatever the feds obtained through forfeiture proceedings from criminals who used it for money laundering, extortion or whatever.
So, what's the point of this latest Trump administration decree? Most likely to bolster sagging crypto prices. Which would benefit current crypto holders (like Trump), as well as vendors of cryptocurrencies (like Trump).
But Trump's edict establishing a bitcoin reserve also mandates lessening crypto industry regulations (what it misleadingly calls "regulatory clarity.") Which would be a boon for a financial entity whose only discernible purposes are speculation and crime. No wonder the grifter-in-chief wants to make America the "Crypto Capital of the World."
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Ripple CEO Reacts to XRP's Exclusion From Crypto Reserve Executive Order, Here's What He Said
The recent executive order by former U.S. President Donald Trump regarding a strategic reserve for Bitcoin and other digital assets has sparked discussions within the cryptocurrency community. Ripple CEO Brad Garlinghouse addressed the omission of XRP from the order despite Trump’s prior mention of the asset on social media. In a new interview with Bloomberg, Garlinghouse stated that while XRP…
Trump’s Crypto Reserve Boosts Market: Ethereum And FloppyPepe (FPPE) To Outpace Bitcoin
The announcement of a US Crypto Reserve by President Donald Trump has sent shockwaves through the market, fueling a surge in major digital assets. While Bitcoin (BTC) remains at the forefront, Ethereum (ETH) and FloppyPepe (FPPE) are emerging as the biggest winners. Analysts predict both altcoins could outpace BTC in the coming months. FloppyPepe (FPPE): The New Token That Could Outpace Bitcoin…
Bitcoin's Week: Gains Ground as Potential Reserve Asset
During a week that saw crypto industry leaders attending a gathering near the White House to discuss crypto policy and digital assets, Bitcoin emerged as a significant focus. Discussions around a potential Crypto Reserve highlighted Bitcoin’s unique standing. Initially, plans suggested by a prominent figure included a broad Crypto Reserve incorporating multiple cryptocurrencies alongside Bitcoin.…
