The crypto market registered a sharp recovery on Sunday after President Donald Trump announced the names of cryptocurrencies to be included in the strategic reserve. As a result, the crypto market cap surged nearly 9% to reclaim the $3 trillion mark and move to its current $3.08 trillion.
Bitcoin surged 8% on Monday, fueled by Trump's crypto reserve announcement, with analysts viewing it as a good buying opportunity.
Ripple, the company behind the XRPL development and XRP's largest token holder, is preparing its treasury for March sales. Onchain data reveals Ripple has reserved 300 million XRP from the 1 billion unlocked on March 1, as Finbold reported.
Japanese investment firm Metaplanet has doubled down on its Bitcoin accumulation strategy by acquiring a new batch of 156 BTC. The firm unveiled this announcement via its official X post hours ago, detailing how it took advantage of the market dip between Feb. 18 and Feb. 28.
Bitcoin investors are closely watching this week's US economic data releases, which could dictate BTC's next move. With employment figures, inflation insights, and Federal Reserve commentary on the agenda, the crypto market is preparing for possible price swings.
XRP missing 32,000 ledger blocks from 2012 continues to raise transparency concerns. Trump's crypto reserve announcement fueled debates over XRP's role and legitimacy.
Ethereum (ETH) creator Vitalik Buterin says that the US government's targeting of early Bitcoin (BTC) pioneer Roger Ver is an “absurd” and unreasonable persecution. Ver, an early Bitcoin investor who later decided to support the Bitcoin Cash (BCH) fork, was arrested in Spain in late April of 2024 at the direction of the U.S.
"This is all pure speculation on my part," the lawyer outlined.
Scottie Pippen, the NBA Hall of Famer known for his role in the Chicago Bulls' dynasty, has joined the growing list of high-profile figures expressing strong optimism about XRP. The legendary basketball player recently shared his positive outlook on the cryptocurrency market, particularly on XRP, via a tweet that read: “BULLish on XRP.
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A total of 2.6 million transactions have been recorded in the last 30 days, indicating a notable on-chain surge for XRP. There are concerns regarding the possible effects of this abrupt increase in activity in the trajectory of XRP's price.
The 2025 bull run is back on the map. In the mids of bearish sentiment, the tables have turned.
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David Sacks who was appointed as the White House AI and Crypto Czar by the newly elected US president, Donald Trump, has confirmed that he had sold his personal crypto holdings before he entered this important position.
Following President Trump's announcement on the Crypto Strategic Reserve on this Truth Social account on Sunday, the entire crypto market has blown skywards. Has this announcement put $ETH, $XRP, and $SOL back on track?
In an exciting move for XRP holders, Charles Hoskinson, the founder of Cardano, has once again highlighted the role of XRP holders in the upcoming distribution of tokens for Cardano's privacy-focused project, Midnight. This declaration comes amidst a shift in perceptions surrounding the XRP Ledger, largely influenced by growing regulatory clarity and notable backing, including from U.S. President Donald Trump.
While the idea of a reserve had been floated before, this marks the first time specific altcoins were highlighted, analysts told Cointelegraph.
Some altcoins charted massive 50%+ surges after Trump's statement.
There's been a lot of buzz around the idea of a U.S. Strategic Bitcoin Reserve, especially after Donald Trump's social media post fueled speculation. The U.S. government already holds around 200,000 BTC worth nearly $19 billion, mostly from seizures. If the U.S.
Strategy and Coinbase lead the crypto-equity rally in pre-market trading, both up double digits.
Renowned U.S. economist Peter Schiff, sharply criticized the idea of including XRP in the United States Cryptocurrency Strategic Reserve, questioning its purpose amid broader discussions about digital assets in the American economy.
Prices have pulled back to the descending trendline from Jan. 16 highs.
The announcement led to a 60% increase for ADA and a 25% increase for XRP.
MetaMask is developing a multichain API that will allow dApps to connect to multiple blockchains simultaneously, both EVM and non-EVM.
Bitcoin (BTC) has made a notable rebound in recent days, rising 8% and trading at $93,202. The cryptocurrency is currently attempting to establish $93,625 as a key support level.
With a snap of the presidential fingers, XRP enters history. The SEC falters, Garlinghouse exults: a new era blows over crypto.
Metaplanet, an investment firm known for its Bitcoin acquisitions, made a significant move on March 3 by purchasing an additional 156 Bitcoin for approximately $13.4 million.
Schiff reluctantly accepted the idea of a U.S. Bitcoin reserve—but sees the inclusion of XRP as pointless.
Trump's crypto bombshell sent markets surging, with XRP, SOL, and ADA leading the charge before Bitcoin and Ethereum were added.
Brian Armstrong, CEO of Coinbase, feels that in building its crypto strategic reserve, the United States should concentrate on Bitcoin. Compared to gold, he says it is the best option.
Lawyer James “MetaLawMan” Murphy of Ludlow Street Advisors, LLC has provided a detailed theory on why the SEC's dismissal of the Ripple case has been inexplicably delayed.
The revival on the digital currency ecosystem has triggered a new wave of buy-ups by XRP whales on the market. At the moment, data from Whale Alert shows that at least 25,000,000 XRP left the top South Korean exchange Upbit to an anonymous wallet.
Blockchain investigator ZachXBT questions the legitimacy of ADA and XRP in Trump's crypto reserve strategy, citing their lack of major stablecoin issuers, sparking debate over their role in the evolving crypto space. The post ZachXBT Questions ADA and XRP's Role in Trump's Crypto Reserve Strategy appeared first on Cryptonews.
The assets have been the best-performing top 20 cryptocurrencies in the last 24 hours.
There are doubts circulating about Trump's proposal to establish a strategic reserve that also includes altcoin.
XRP in the U.S. Strategic Reserve. Let that sink in.
President Donald Trump's move to add XRP to the US crypto reserve has fueled hopes for a swift resolution to the Ripple vs SEC case. However, legal expert Jeremy Hogan remains skeptical, believing the XRP lawsuit could still take until May to conclude.
This investment brings the total owned by Metaplanet to 2,391 BTC.
A court injunction restricting Ripple's securities sales has become the primary obstacle in finalizing the SEC case settlement, with resolution expected around May 2024.
On Sunday President Trump announced on Truth Social that he had directed a working group to move ahead with a Crypto Strategic Reserve. On the announcement, the crypto market took off.
Donald Trump announces a US Crypto Reserve, triggering a market rally. Bitcoin and Ethereum rebound after recent losses, but on-chain data signals mixed trends—what's next for the crypto market?
The US government's decision to establish a Strategic Crypto Reserve has ignited intense discussions, with industry leaders questioning its structure and asset selection. On March 2, US President Donald Trump revealed that his executive order had directed his administration to create a national crypto reserve.
It happened – Donald Trump named five cryptocurrencies that will form the US strategic reserve. Beyond Bitcoin ($BTC), the US government will buy Ethereum ($ETH), Solana ($SOL), Cardano ($ADA), and XRP ($XRP).
Anatoly Yakovenko, co-founder of the Solana project, has recently referred to the current state of bitcoin and its utility. On social media, Yakovenko stated that BTC had no value and could be considered insurance “in the best light.
Bitcoin's (BTC 6.56%) price reached its all-time high of more than $109,000 on Jan. 25. The approvals of its first spot price exchange-traded funds (ETFs) last January, its latest halving (which every four years cuts the rewards in half for mining new coins) last April, three interest rate cuts, and President Donald Trump's election victory last November all brought the bulls back to the top cryptocurrency.
David Schwartz, the chief technology officer at Ripple has reacted to the news about the US president's approval of the strategic cryptocurrency reserve, where aside from Bitcoin and Ethereum, also will be included ADA, XRP, and SOL so far.
XRP has surged over 30% to trade above $2.75, fueled by technical strength, significant whale accumulation, and speculation about its potential inclusion in a US Crypto Reserve mentioned by President Trump.
CoinShares cited the Bybit hack, more hawkish US Fed rhetoric and the previous $29 billion buying strike as reasons for the record-breaking weekly outflows.