Ripple Labs previously “attacked Bitcoin mining” under the Biden administration, said Pierre Rochard.
Ripple CEO disagrees, asserting their efforts support a crypto reserve, including Bitcoin.
The push for a Strategic Bitcoin Reserve (SBR) has been
ongoing for months. Recently, Pierre Rochard, VP of Research at Riot Platforms,
criticized Ripple Labs for actively lobbying against the plan. Rochard claimed
Ripple Labs is spending millions to influence politicians and hinder the
creation of the SBR, Coingape reported.
Meanwhile, the XRPUSD H1 chart shows that after finding
support at a critical level, the price has been going up and is heading towards
the resistance of a bearish trendline.
Garlinghouse Responds to Criticism on Bitcoin Reserve
Unless you are choosing to ignore the core tenants of the POTUS campaign (which aggressively supports American companies and technologies), our efforts are actually INCREASING the likelihood of a crypto strategic reserve (which includes bitcoin) happening.
The XRPUSD H1 chart shows that the price bounced at 3.05450,
forming a bullish engulfing candle. Since then, it has been moving upwards with
strong momentum. The chart also highlights a bearish trendline in play. Traders
should monitor the price action around the trendline's resistance. A bullish
breakout could provide additional momentum, pushing the price further north.
XRPUSD, H1 Chart, Source: TradingView
Pro-Crypto Regulators Appointed on Inauguration Day
The exchange took place shortly before President Trump
signed an executive order to create a national digital asset stockpile. The
move was a significant step for the crypto industry, though it has caused some
backlash from Bitcoin advocates. The President's decision to exclude a single
asset reserve and include altcoins, including XRP, has drawn attention.
On inauguration day, the White House named Mark Uyeda as
acting chairman of the US SEC and Caroline Pham as the Chairman of the CFTC.
Both regulators are known for their pro-crypto stance and were endorsed by
industry leaders.
Ripple, known for its association with XRP, has been
highlighted in a significant transaction reported by Whale Alert. The
service tracked the movement of 40,000,000 XRP, valued at approximately
$124,788,255, into Binance from an unknown blockchain source.
Ripple has also contributed
$100,000 in XRP to aid California wildfire relief efforts. The donation,
facilitated through The Giving Block, supports World Central Kitchen and
GiveDirectly, focusing on immediate assistance and long-term recovery.
On January 15, 2025, the
SEC filed an appeal contesting a federal court ruling in its case against
Ripple Labs. The appeal challenges a decision by the New York District Court,
which deemed XRP sold to retail investors as non-securities. The SEC aims to
reverse this ruling and seeks recognition of XRP issued as compensation and in
business transactions as securities.
In Japan, Ripple
is advancing its XRP Ledger integration, with banks expected to adopt the
technology in 2025. SBI CEO Yoshitaka Kitao announced the initiative,
emphasizing its potential to improve cross-border payments and currency
exchange efficiency.
XRP's price rise today is influenced by several factors,
including speculation about a shift in the SEC's stance under Trump, the
potential approval of XRP spot ETFs, and the launch of Ripple Labs' RLUSD
stablecoin. Technical analysis highlights key support levels at $2, $2.25,
$2.50, and $3.
What Could XRP's Price Be by 2025?
XRP price predictions for 2025 vary widely. Conservative
estimates range from $1.35 to $2.50, while analysts like Levi Rietveld suggest
a range of $20–23. Optimistic projections reach as high as $70.
Is a $500 XRP Price Realistic?
A $500 XRP price appears unlikely in the near term,
requiring a $26 trillion market cap. More realistic estimates suggest a range
of $15–25 by 2030. Some, like Grok AI, believe $500 could be achievable
post-2030 with widespread global payment adoption.
Does XRP Have Long-Term Potential?
XRP shows potential, particularly in fintech, due to its
role in cross-border payments and growing partnerships in Asia, Africa, and
Latin America. By 2027–2028, it may see further integration into traditional
finance systems.
The push for a Strategic Bitcoin Reserve (SBR) has been
ongoing for months. Recently, Pierre Rochard, VP of Research at Riot Platforms,
criticized Ripple Labs for actively lobbying against the plan. Rochard claimed
Ripple Labs is spending millions to influence politicians and hinder the
creation of the SBR, Coingape reported.
Meanwhile, the XRPUSD H1 chart shows that after finding
support at a critical level, the price has been going up and is heading towards
the resistance of a bearish trendline.
Garlinghouse Responds to Criticism on Bitcoin Reserve
Unless you are choosing to ignore the core tenants of the POTUS campaign (which aggressively supports American companies and technologies), our efforts are actually INCREASING the likelihood of a crypto strategic reserve (which includes bitcoin) happening.
The XRPUSD H1 chart shows that the price bounced at 3.05450,
forming a bullish engulfing candle. Since then, it has been moving upwards with
strong momentum. The chart also highlights a bearish trendline in play. Traders
should monitor the price action around the trendline's resistance. A bullish
breakout could provide additional momentum, pushing the price further north.
XRPUSD, H1 Chart, Source: TradingView
Pro-Crypto Regulators Appointed on Inauguration Day
The exchange took place shortly before President Trump
signed an executive order to create a national digital asset stockpile. The
move was a significant step for the crypto industry, though it has caused some
backlash from Bitcoin advocates. The President's decision to exclude a single
asset reserve and include altcoins, including XRP, has drawn attention.
On inauguration day, the White House named Mark Uyeda as
acting chairman of the US SEC and Caroline Pham as the Chairman of the CFTC.
Both regulators are known for their pro-crypto stance and were endorsed by
industry leaders.
Ripple, known for its association with XRP, has been
highlighted in a significant transaction reported by Whale Alert. The
service tracked the movement of 40,000,000 XRP, valued at approximately
$124,788,255, into Binance from an unknown blockchain source.
Ripple has also contributed
$100,000 in XRP to aid California wildfire relief efforts. The donation,
facilitated through The Giving Block, supports World Central Kitchen and
GiveDirectly, focusing on immediate assistance and long-term recovery.
On January 15, 2025, the
SEC filed an appeal contesting a federal court ruling in its case against
Ripple Labs. The appeal challenges a decision by the New York District Court,
which deemed XRP sold to retail investors as non-securities. The SEC aims to
reverse this ruling and seeks recognition of XRP issued as compensation and in
business transactions as securities.
In Japan, Ripple
is advancing its XRP Ledger integration, with banks expected to adopt the
technology in 2025. SBI CEO Yoshitaka Kitao announced the initiative,
emphasizing its potential to improve cross-border payments and currency
exchange efficiency.
XRP's price rise today is influenced by several factors,
including speculation about a shift in the SEC's stance under Trump, the
potential approval of XRP spot ETFs, and the launch of Ripple Labs' RLUSD
stablecoin. Technical analysis highlights key support levels at $2, $2.25,
$2.50, and $3.
What Could XRP's Price Be by 2025?
XRP price predictions for 2025 vary widely. Conservative
estimates range from $1.35 to $2.50, while analysts like Levi Rietveld suggest
a range of $20–23. Optimistic projections reach as high as $70.
Is a $500 XRP Price Realistic?
A $500 XRP price appears unlikely in the near term,
requiring a $26 trillion market cap. More realistic estimates suggest a range
of $15–25 by 2030. Some, like Grok AI, believe $500 could be achievable
post-2030 with widespread global payment adoption.
Does XRP Have Long-Term Potential?
XRP shows potential, particularly in fintech, due to its
role in cross-border payments and growing partnerships in Asia, Africa, and
Latin America. By 2027–2028, it may see further integration into traditional
finance systems.
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023.
At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London.
Education:
Honours degree Information Technology, Anfell College, London
Will Bitcoin Price Fall Below $50K? BTC Drops to 4-Month Low Near $61,300 in a 13% Three-Day Slide
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The trades that taught me the most aren't the ones that worked. They're the ones that didn't — or the ones I almost caught and didn't have the nerve to ride. In this session, I'll tell you about the Brexit miss, the SNB shocker that nearly handed me a 5400% return, the BoJ surprise that punched me in the gut, and a few wins along the way. Each story carries a lesson, but the lessons aren't the point. Everyone who trades long enough collects a portfolio of moments like these; what separates the people who stay in the game is what they do with them.
The trades that taught me the most aren't the ones that worked. They're the ones that didn't — or the ones I almost caught and didn't have the nerve to ride. In this session, I'll tell you about the Brexit miss, the SNB shocker that nearly handed me a 5400% return, the BoJ surprise that punched me in the gut, and a few wins along the way. Each story carries a lesson, but the lessons aren't the point. Everyone who trades long enough collects a portfolio of moments like these; what separates the people who stay in the game is what they do with them.
The trades that taught me the most aren't the ones that worked. They're the ones that didn't — or the ones I almost caught and didn't have the nerve to ride. In this session, I'll tell you about the Brexit miss, the SNB shocker that nearly handed me a 5400% return, the BoJ surprise that punched me in the gut, and a few wins along the way. Each story carries a lesson, but the lessons aren't the point. Everyone who trades long enough collects a portfolio of moments like these; what separates the people who stay in the game is what they do with them.
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The trades that taught me the most aren't the ones that worked. They're the ones that didn't — or the ones I almost caught and didn't have the nerve to ride. In this session, I'll tell you about the Brexit miss, the SNB shocker that nearly handed me a 5400% return, the BoJ surprise that punched me in the gut, and a few wins along the way. Each story carries a lesson, but the lessons aren't the point. Everyone who trades long enough collects a portfolio of moments like these; what separates the people who stay in the game is what they do with them.
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If AI is the engine, data is the fuel. Without quality, accessible data, AI cannot work well; and without the right mindset, data remains just numbers instead of insight. In this session, leading experts will explore how AI and data are democratizing opportunities for businesses and personal growth. Discover practical ways to make AI accessible today, anticipate its transformative impact on African markets, and learn actionable steps to prepare for what's next. Let's talk about:
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-How AI and data drive business efficiency and innovation in trading and fintech
-AI tools to elevate trading or business strategies
-How to access and maximise the power of data and AI
-Emerging AI and data trends in Africa and their economic ripple effects
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-How AI and data drive business efficiency and innovation in trading and fintech
-AI tools to elevate trading or business strategies
-How to access and maximise the power of data and AI
-Emerging AI and data trends in Africa and their economic ripple effects
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-How AI and data drive business efficiency and innovation in trading and fintech
-AI tools to elevate trading or business strategies
-How to access and maximise the power of data and AI
-Emerging AI and data trends in Africa and their economic ripple effects
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-How AI and data drive business efficiency and innovation in trading and fintech
-AI tools to elevate trading or business strategies
-How to access and maximise the power of data and AI
-Emerging AI and data trends in Africa and their economic ripple effects
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-How AI and data drive business efficiency and innovation in trading and fintech
-AI tools to elevate trading or business strategies
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Most market post-mortems describe what happened to prices. Few describe what happened in the trading room while the position was open: the entry conviction, the moments that tested it, and the exit decision that closed the book.
This session brings one seasoned trader to the stage for an unfiltered account of the position that still defines how they think about markets.
Attendees will walk away with:
-A first-hand account of how a conviction trade is built, from thesis and entry through position management and exit
-Understanding of what turns a market observation into a live position, and what holds it when conditions shift
-Insight into how timing, execution quality, and market structure shaped the final result
-Perspective on what the trade revealed about edge, risk tolerance, and when to hold through a position moving against you
-Clarity on what separates a well-built trade from a well-timed one
Most market post-mortems describe what happened to prices. Few describe what happened in the trading room while the position was open: the entry conviction, the moments that tested it, and the exit decision that closed the book.
This session brings one seasoned trader to the stage for an unfiltered account of the position that still defines how they think about markets.
Attendees will walk away with:
-A first-hand account of how a conviction trade is built, from thesis and entry through position management and exit
-Understanding of what turns a market observation into a live position, and what holds it when conditions shift
-Insight into how timing, execution quality, and market structure shaped the final result
-Perspective on what the trade revealed about edge, risk tolerance, and when to hold through a position moving against you
-Clarity on what separates a well-built trade from a well-timed one
Most market post-mortems describe what happened to prices. Few describe what happened in the trading room while the position was open: the entry conviction, the moments that tested it, and the exit decision that closed the book.
This session brings one seasoned trader to the stage for an unfiltered account of the position that still defines how they think about markets.
Attendees will walk away with:
-A first-hand account of how a conviction trade is built, from thesis and entry through position management and exit
-Understanding of what turns a market observation into a live position, and what holds it when conditions shift
-Insight into how timing, execution quality, and market structure shaped the final result
-Perspective on what the trade revealed about edge, risk tolerance, and when to hold through a position moving against you
-Clarity on what separates a well-built trade from a well-timed one
Most market post-mortems describe what happened to prices. Few describe what happened in the trading room while the position was open: the entry conviction, the moments that tested it, and the exit decision that closed the book.
This session brings one seasoned trader to the stage for an unfiltered account of the position that still defines how they think about markets.
Attendees will walk away with:
-A first-hand account of how a conviction trade is built, from thesis and entry through position management and exit
-Understanding of what turns a market observation into a live position, and what holds it when conditions shift
-Insight into how timing, execution quality, and market structure shaped the final result
-Perspective on what the trade revealed about edge, risk tolerance, and when to hold through a position moving against you
-Clarity on what separates a well-built trade from a well-timed one
Most market post-mortems describe what happened to prices. Few describe what happened in the trading room while the position was open: the entry conviction, the moments that tested it, and the exit decision that closed the book.
This session brings one seasoned trader to the stage for an unfiltered account of the position that still defines how they think about markets.
Attendees will walk away with:
-A first-hand account of how a conviction trade is built, from thesis and entry through position management and exit
-Understanding of what turns a market observation into a live position, and what holds it when conditions shift
-Insight into how timing, execution quality, and market structure shaped the final result
-Perspective on what the trade revealed about edge, risk tolerance, and when to hold through a position moving against you
-Clarity on what separates a well-built trade from a well-timed one
Most market post-mortems describe what happened to prices. Few describe what happened in the trading room while the position was open: the entry conviction, the moments that tested it, and the exit decision that closed the book.
This session brings one seasoned trader to the stage for an unfiltered account of the position that still defines how they think about markets.
Attendees will walk away with:
-A first-hand account of how a conviction trade is built, from thesis and entry through position management and exit
-Understanding of what turns a market observation into a live position, and what holds it when conditions shift
-Insight into how timing, execution quality, and market structure shaped the final result
-Perspective on what the trade revealed about edge, risk tolerance, and when to hold through a position moving against you
-Clarity on what separates a well-built trade from a well-timed one
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Agentic Inequality: Democratizing Financial Access Through AI & Blockchain
As crypto and CFD trading continue to expand across Africa, access to advanced tools and market insights remains uneven. This session explores how AI and blockchain can bridge that gap by empowering informal traders and underserved communities to participate more effectively in digital financial markets. The discussion will focus on practical applications of technology to improve accessibility, education, and investment outcomes in both formal and informal sectors.
In this discussion, we will explore:
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-How crypto and blockchain can enable broader participation beyond traditional financial systems
-Addressing access barriers: infrastructure, education, and affordability in underserved communities
-Opportunities for brokers and platforms to tap into the informal trading economy
As crypto and CFD trading continue to expand across Africa, access to advanced tools and market insights remains uneven. This session explores how AI and blockchain can bridge that gap by empowering informal traders and underserved communities to participate more effectively in digital financial markets. The discussion will focus on practical applications of technology to improve accessibility, education, and investment outcomes in both formal and informal sectors.
In this discussion, we will explore:
-The role of AI in democratizing access to trading tools, insights, and strategy development
-How crypto and blockchain can enable broader participation beyond traditional financial systems
-Addressing access barriers: infrastructure, education, and affordability in underserved communities
-Opportunities for brokers and platforms to tap into the informal trading economy
As crypto and CFD trading continue to expand across Africa, access to advanced tools and market insights remains uneven. This session explores how AI and blockchain can bridge that gap by empowering informal traders and underserved communities to participate more effectively in digital financial markets. The discussion will focus on practical applications of technology to improve accessibility, education, and investment outcomes in both formal and informal sectors.
In this discussion, we will explore:
-The role of AI in democratizing access to trading tools, insights, and strategy development
-How crypto and blockchain can enable broader participation beyond traditional financial systems
-Addressing access barriers: infrastructure, education, and affordability in underserved communities
-Opportunities for brokers and platforms to tap into the informal trading economy
As crypto and CFD trading continue to expand across Africa, access to advanced tools and market insights remains uneven. This session explores how AI and blockchain can bridge that gap by empowering informal traders and underserved communities to participate more effectively in digital financial markets. The discussion will focus on practical applications of technology to improve accessibility, education, and investment outcomes in both formal and informal sectors.
In this discussion, we will explore:
-The role of AI in democratizing access to trading tools, insights, and strategy development
-How crypto and blockchain can enable broader participation beyond traditional financial systems
-Addressing access barriers: infrastructure, education, and affordability in underserved communities
-Opportunities for brokers and platforms to tap into the informal trading economy
As crypto and CFD trading continue to expand across Africa, access to advanced tools and market insights remains uneven. This session explores how AI and blockchain can bridge that gap by empowering informal traders and underserved communities to participate more effectively in digital financial markets. The discussion will focus on practical applications of technology to improve accessibility, education, and investment outcomes in both formal and informal sectors.
In this discussion, we will explore:
-The role of AI in democratizing access to trading tools, insights, and strategy development
-How crypto and blockchain can enable broader participation beyond traditional financial systems
-Addressing access barriers: infrastructure, education, and affordability in underserved communities
-Opportunities for brokers and platforms to tap into the informal trading economy
As crypto and CFD trading continue to expand across Africa, access to advanced tools and market insights remains uneven. This session explores how AI and blockchain can bridge that gap by empowering informal traders and underserved communities to participate more effectively in digital financial markets. The discussion will focus on practical applications of technology to improve accessibility, education, and investment outcomes in both formal and informal sectors.
In this discussion, we will explore:
-The role of AI in democratizing access to trading tools, insights, and strategy development
-How crypto and blockchain can enable broader participation beyond traditional financial systems
-Addressing access barriers: infrastructure, education, and affordability in underserved communities
-Opportunities for brokers and platforms to tap into the informal trading economy
