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XRP as America's Strategic Asset: Ripple CEO's Move

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XRP as America’s strategic asset has recently emerged as a compelling topic in the financial sector following a detailed proposal that was submitted to the SEC suggesting the cryptocurrency could serve as a strategic financial tool for the United States. The document, authored by financial advisor Maximilian Staudinger, has catalyzed discussions across various major cryptocurrency forums. Also Read: Dogecoin Prediction: AI Sets DOGE Price For March 20, 2025 XRP as a Potential Reserve Currency Amid Regulatory and Adoption Challenges Source: Bitcoinist The Staudinger Proposal on the SEC Website The SEC recently published a document proposing XRP as America’s strategic asset. This generated considerable attention throughout the financial community and also crypto enthusiasts. The proposal outlines how integrating XRP into the U.S. banking system could unlock substantial capital currently tied up in global Nostro accounts. According to the detailed assessment provided in the doc...

Lawyer wants Hayden Davis arrested, says Milei's sister is LIBRA "mastermind"

An Argentinian lawyer calling for an international arrest warrant against Hayden Davis is claiming that the sister of Argentina’s president, Javier Milei, was the mastermind behind the LIBRA token scandal.  Attorney Gregorio Dalbon told the Buenes Aires radio station Pagina 12 AM 750 that he thinks Karina Milei is the LIBRA scam “mastermind” and that, “the president is the necessary participant, without whom the scam would never have happened.” According to Dalbon, both siblings won’t “speak ill” of Hayden Davis as he handles the profits from the “fraud” they allegedly committed together.  Es simple Hugo. Davis es Milei. Fin de la historia. Los demás son cómplices coautores y encubridores. LA SOCIEDAD ES DAVIS-MILEI. LA PLATA ES KARINA. La cuenta está en EEUU en una sociedad. Taiano no lo hará nunca. Servini puede ser. Pero @NewYorkFBI ya está en eso. https://t.co/sNdPkRncg0 — Gregorio Dalbon (@Gregoriodalbon) March 11, 2025 Dalbon claims, “Dav...

Expert sets date when Bitcoin will hit $150,000 as BTC ‘shows first signs of life’

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A trading expert is projecting that Bitcoin (BTC) will hit a record high of $150,000 in the coming months, even as the leading digital currency consolidates above $80,000 amid prevailing bearish sentiment. At the time of reporting, Bitcoin was trading at $83,863, up over 3% in the last 24 hours. However, in the weekly timeframe, the asset plunged by 7%. Bitcoin seven-day price chart. Source: Finbold Bitcoin’s path to $150,000 According to prominent online cryptocurrency analyst TradingShot , Bitcoin is showing the first signs of life after nearly testing its critical one-week moving average (1W MA50) earlier this week. Picks for you AI predicts this $500M-cap crypto could reach $100 billion for a 200x surge 1 hour ago WOO X introdu...

Venture capitalists, not Operation Chokepoint 2.0, blamed for SVB crash

Although a vocal group of pro-crypto influencers has blamed a government conspiracy they call “Operation Chokepoint 2.0” for de-banking crypto customers, further research has cast doubt on their claims. Operation Chokepoint 2.0 is the name given to the idea that banks, under the direction of the Federal Reserve, Federal Deposit Insurance Corporation (FDIC), and Office of the Comptroller of the Currency (OCC), were deliberately cutting services to crypto-related businesses. The operation allegedly takes its lead from the program launched by the Obama administration that saw banks strong-armed into denying services to a range of undesirable industries, including pornography and payday lenders. This week, however, Yale researcher Steven Kelly and Federal Reserve in-house historian Jonathan Rose published findings that the once-$200 billion Silicon Valley Bank failed not because of government intervention but rather venture capital (VC) and crypto customer...

Coinbase Unveils 24/7 Bitcoin & Ethereum Futures Trading in the US

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The most prominent cryptocurrency exchange in the country is set to continue increasing its offering as Coinbase has announced the impending launch of 24/7 Bitcoin and Ethereum perpetual styles futures trading in the United States. Indeed, the platform announced the move in a press release highlighting the “uninterrupted access to manage risk and seize opportunities—just like crypto.” The announcement comes after Coinbase CEO Brian Armstrong announced the company would add 1,000 US workers in the near future. Amid the ongoing pro-crypto shift taking place in the United States, the exchange is situating itself to be an industry leader in the country. Source – New York Times Also Read: Coinbase, Aston Martin Announce Partnership Paid in Stablecoins Coinbase Announces 24/7 Perpetual Style Futures in the United States 2025 has been revolutionary for crypto policy in the United States. The US Security and Exchange Commission (SEC) announced it was dropping its lawsuit again...

Asia's weekly TOP10 crypto news (Mar 3 to Mar 9)

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1. Singapore Officials Warn Public to Stay Away from Cryptocurrencies link Ms. Sun Xueling, Minister of State, Ministry of Home Affairs of Singapore, said that cryptocurrency fraud cases accounted for a quarter of the total loss amount involved in fraud last year. In the largest fraud case last year, the victim clicked on a fake meeting link, downloaded and ran malicious code on the computer, and lost about S$125 million. “Our advice to the public is to stay away from cryptocurrencies. The risk of getting scammed is very high, and if you become a victim of a scam, the chance of getting a single cent back is very slim.” 2. Russian Finance Ministry States Crypto Assets Will Not Be Included in National Welfare Fund Investments link Interfax reported that Vladimir Kolychev, Deputy Minister of the Russian Ministry of Finance, told reporters that the Russian Ministry of Finance has no plans to change the current investment structure of the National Welfare Fund, and in particular, will not a...

Former FTX CEO Sam Bankman-Fried Says Cell-Block Mate Diddy Is “Friendly”

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Sam Bankman-Fried, the former CEO of the now-defunct crypto exchange FTX, says that his cell-block mate Sean Diddy Combs is “always friendly” with him. “I’ve only seen one piece of him, which is Diddy in prison,” Bankman-Fried said in an interview with Tucker Carlson shared in a March 6 post on X. ”He’s been kind to people in the unit, he’s been kind to me.”  Bankman-Fried And Diddy Housed In High-Security Dorm Bankman-Fried was convicted in November 2023 on seven counts of wire fraud, securities fraud and money laundering for his role in the collapse of FTX and its sister firm Alameda Research. According to prosecutors, he “perpetrated one of the biggest financial frauds in American history.”  Meanwhile, American music mogul Diddy is facing sex trafficking, racketeering, and prostitution charges. He and Bankman-fried are housed in the same unit, which is a high-security 15-man dorm away from the gen...

Monthly Update on Blockchain Technology: Pectra testnet activation, zero-knowledge gossip, BNBChain roadmap

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Written by: GaryMa, WuBlockchain In February, blockchain technology had the following major updates: Bitcoin ● Zero-Knowledge Gossip for Lightning Network Channel Announcements : A recent proposal suggests improving channel announcements using “zero-knowledge gossip,” a privacy-preserving technique. This allows other nodes to verify whether a channel is valid (backed by funds) without revealing specific details, preventing malicious attacks while protecting user privacy. ● Erlay Protocol Update : Erlay is a new approach aimed at reducing the bandwidth (data traffic) required for transaction propagation in the Bitcoin network. Research indicates that by adjusting “fanout” (the method of broadcasting transactions) and “set reconciliation” (efficient data synchronization), bandwidth usage can be reduced by 35%-45%, though it may slightly increase transaction propagation delays. ● Simulating the OP_RAND Opcode : Bitcoin currently lacks direct support for random number operations (OP_RAND)....

If you invested $1,000 in Bitcoin when Trump took office, you’d now have this much

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Thus far, Donald Trump’s presidency has been a mixed bag for the cryptocurrency market. Investors initially took Trump’s pro-crypto stances as a bullish signal. However, there has been a lack of clarity on proposed regulatory changes. The controversial launches of the President and the First Lady’s memecoins shook investor confidence.  On March 2, Bitcoin (BTC) surged to $94,000 following the commander-in-chief’s announcement that a strategic cryptocurrency reserve would be created. Picks for you 4 billion XRP tokens released by Ripple in a year 36 mins ago COTI’s Africa Tokenization Council to promote AI and blockchain in Africa and Middle East 2 hours ago ...

US President Trumps Crypto Push Threatens Global Market, CEO Warns

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Since Donald Trump returned to the Oval Office, the United States has embraced the cryptocurrency market like never before. Although that led the asset class to surge earlier this year, things have changed. Now, CryptoQuant CEO Ki Young Ju has warned that US President Trump’s crypto push is threatening the global market. In a post to X (formerly Twitter), Young Ju discussed the potential downside of the country’s continued turn toward cryptocurrencies. Specifically, he noted that the asset class could soon become a weapon of geopolitical influence. That could lead to cryptocurrency’s usage to serve national interests, a far cry from its original intent. Source: Watcher Guru Also Read: US Economy: Trump’s Tariff Spree Is Set To Create More Mayhem: Here’s How Trump’s Crypto Push May Threaten Global Market as Asset Class May Be Weaponized Just last week, the United States announced a plan to create its very own cryptocurrency reserve. This wasn’t focused on si...

Chainlink (LINK) Drops 10% to Start the Week: Is $24 Still in Play?

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Throughout the first two months of the year, the cryptocurrency market has been defined by underperforming expectations and volatility. Although assets have underperformed, many analysts are expecting big things to come. Among those cryptocurrencies is Chainlink (LINK), which has started the week with a 10% drop but could still eye an increase to $24 this year. The asset had previously surged after US President Donald Trump announced plans for the country’s first crypto reserve. Although LINK was not named, the president noted that it would include “other valuable cryptocurrencies” to purchase to make up the reserve. However, the increase did not last, as it is set to kick off the first week of March on a downswing. Source: Binance Academy Also Read: Chainlink (LINK): Bears Take Control, LINK’s Future Bleak? Chainlink Falls to Start the Week as Experts Project 60% Upside In 2024, the cryptocurrency market saw unprecedented growth take place. Bitcoin led the way, with t...