- Trump’s U.S. crypto reserve sparks debate, with XRP’s inclusion drawing criticism and support. 🤔
- XRP surges 17.02% as whales accumulate, signaling growing institutional confidence. 🐋💰
So, Donald Trump just dropped a bombshell about a U.S. strategic crypto reserve, and guess what? XRP is in the mix! 🎉 But hold onto your hats, because not everyone is throwing confetti. Critics are clutching their pearls, especially our favorite Bitcoin skeptic, Peter Schiff.
Schiff, who seems to think Bitcoin is the only digital currency that matters, is scratching his head over XRP’s invite to this exclusive party.
He’s like, “I get why Bitcoin is in the reserve. It’s digital gold! But XRP? What’s that about? Is it the ‘gold-plated’ version of Monopoly money?”
“I get the rationale for a Bitcoin reserve. I don’t agree with it, but I get it. We have a gold reserve. Bitcoin is digital gold, which is better than analog gold. So, let’s create a Bitcoin reserve, too. But what’s the rationale for an XRP reserve? Why the hell would we need that?”
Charles Hoskinson Defends XRP (Wait, What?)
In a plot twist that even M. Night Shyamalan would envy, Cardano’s own Charles Hoskinson—who has had more beef with the XRP community than a barbecue joint—decided to play the hero. 🦸♂️
He’s suddenly all about XRP, praising its tech like it’s the last slice of pizza at a party. “XRP is great technology, a global standard, and it’s survived a decade of crypto drama. I think the president made the right decision,” he said, probably while trying to dodge the tomatoes being thrown at him by the XRP Army.
“Because XRP is great technology, a global standard, survived for a decade through many harsh cycles, and has one of the strongest communities. I think the president made the right decision.”
Hoskinson’s Relationship with XRP: A Soap Opera
Let’s just say, Hoskinson’s sudden affection for XRP has left the crypto community with whiplash. 😲
Green Lights and Whale Sightings
Meanwhile, XRP’s price is doing the cha-cha, surging 17.02% in the last 24 hours. It’s like the crypto version of a surprise party! 🎈
But let’s not give all the credit to Hoskinson; Trump’s announcement is the real party starter here. This price spike also coincided with some serious whale accumulation, as pointed out by analyst Ali Martinez. 🐋
Ali Martinez on XRP whale
His insights suggest that XRP’s inclusion in the U.S. strategic crypto reserve could be the fuel for a rocket ride to the moon. 🚀 So, as investor sentiment strengthens, all eyes are glued to XRP’s next move in this wild regulatory and financial circus.
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2025-03-03 23:07