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Showing posts with the label bitcoin reserve

Bitcoiners attack Ripple after Strategic Bitcoin Reserve flop

Following Ripple’s successful political activism via Fairshake and its other Washington DC lobbying efforts, its critics are reinvigorated. After it scored a victory in Donald Trump’s executive order that deprioritized bitcoin (BTC) and emphasized stablecoins like Ripple USD, Bitcoiners have focused their vitriol on the billionaire-led company for allegedly derailing plans for a US National Strategic Bitcoin Reserve. Leading the attack is Riot Platforms’ Pierre Rochard, a Bitcoin maximalist. Leading the defense is Ripple CTO David Schwartz, who has fired back against Rochard’s claims that the XRP Ledger (XRPL) blockchain is centralized. Behind them, thousands of the communities’ supporters are rallying support for their causes. For example, Rochard retweeted a thread describing XRPL as being centrally administered by Ripple Labs. The thread highlights a legal notice from Ripple asserting that it and its logo are trademarked. Rochard went on to make the case that XRP is...

Shiba Inu: AI Predicts SHIB’s Price If Trump Unveils A Bitcoin Reserve

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The current president-elect, Donald Trump, had earlier made bold promises when it comes to the cryptocurrency domain. Bitcoin was one of the leading narratives that Trump propagated holistically in his electoral campaigns. In one of his rallies, Trump floated the idea of building a Bitcoin reserve. As his inauguration event draws near, the cryptocurrency community cannot help but wonder what will be the impact of this decision on several altcoins, including Shiba Inu. Will this development help SHIB claim new highs? \ Also Read: Donald Trump to Designate Cryptocurrency as a National Priority Shiba Inu: What’s Happening With The Meme Coin Source: Watcher Guru Shiba Inu is currently one of the leading crypto tokens that the entire cryptocurrency market looks up to. The token has established a steady reputation and continues to leverage the market momentum to attain new price highs. Shiba Inu is currently busy building a diverse crypto circuit and has recently unveiled a new TREAT to...