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
Rochard argued that the biggest obstacle to the SBR is not
the Federal Reserve, US Treasury, or banks, but Ripple Labs. He emphasized that
Ripple’s focus on XRP is behind the opposition to the reserve. He also pointed
to Ripple’s previous attacks on Bitcoin mining under President Biden’s
administration, suggesting Ripple aims to protect its platform and promote
Central Bank Digital Currencies (CBDCs).
In response, Ripple CEO Brad Garlinghouse dismissed
Rochard's claims, suggesting that Rochard is overlooking President Trump’s
campaign promises to support American companies and technologies. Garlinghouse
stated that Ripple’s efforts align with increasing the likelihood of a crypto
reserve, including Bitcoin.
XRPUSD Forms Bullish Engulfing, Eyes Resistance
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
Rochard argued that the biggest obstacle to the SBR is not
the Federal Reserve, US Treasury, or banks, but Ripple Labs. He emphasized that
Ripple’s focus on XRP is behind the opposition to the reserve. He also pointed
to Ripple’s previous attacks on Bitcoin mining under President Biden’s
administration, suggesting Ripple aims to protect its platform and promote
Central Bank Digital Currencies (CBDCs).
In response, Ripple CEO Brad Garlinghouse dismissed
Rochard's claims, suggesting that Rochard is overlooking President Trump’s
campaign promises to support American companies and technologies. Garlinghouse
stated that Ripple’s efforts align with increasing the likelihood of a crypto
reserve, including Bitcoin.
XRPUSD Forms Bullish Engulfing, Eyes Resistance
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.
Why Silver Is Falling With Gold and Why Robert Kiyosaki Predicts a $200 Price by 2026
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
In this video, we take an in-depth look at @Exness , a global multi-asset broker operating since 2008, known for fast withdrawals, flexible account types, and strong regulatory coverage across multiple regions.
We break down Exness’s regulatory framework, supported trading platforms including MetaTrader 4, MetaTrader 5, Exness Terminal, and the Exness Trade App, as well as available account types such as Standard, Pro, Zero, and Raw Spread.
You’ll also learn about Exness’s leverage options, fees and commissions, swap-free trading, available instruments across forex, commodities, indices, stocks, and cryptocurrencies, and what traders can expect in terms of execution, funding speed, and customer support.
Watch the full review to see whether Exness aligns with your trading goals and strategy.
👉 Explore Exness’s full broker listing on the Finance Magnates Directory:
https://directory.financemagnates.com/multi-asset-brokers/exness/
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Exness #ExnessReview #Forex #FinanceMagnates #ForexBroker #BrokerReview #CFDTrading #OnlineTrading #MarketInsights
In this video, we take an in-depth look at @Exness , a global multi-asset broker operating since 2008, known for fast withdrawals, flexible account types, and strong regulatory coverage across multiple regions.
We break down Exness’s regulatory framework, supported trading platforms including MetaTrader 4, MetaTrader 5, Exness Terminal, and the Exness Trade App, as well as available account types such as Standard, Pro, Zero, and Raw Spread.
You’ll also learn about Exness’s leverage options, fees and commissions, swap-free trading, available instruments across forex, commodities, indices, stocks, and cryptocurrencies, and what traders can expect in terms of execution, funding speed, and customer support.
Watch the full review to see whether Exness aligns with your trading goals and strategy.
👉 Explore Exness’s full broker listing on the Finance Magnates Directory:
https://directory.financemagnates.com/multi-asset-brokers/exness/
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Exness #ExnessReview #Forex #FinanceMagnates #ForexBroker #BrokerReview #CFDTrading #OnlineTrading #MarketInsights
