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.
Bullion, Billions, and the Blockchain: Tether Scores $5B From Gold Rally
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 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
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 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
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
