• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Trump and Ripple: Impact on the Cryptocurrency Market

user avatar

by Giorgi Kostiuk

5 months ago


After taking office, former US President Donald Trump signed an executive order to establish a working group aimed at developing federal regulations for digital assets. This move raises interest not just for its potential to create a 'digital asset stockpile' but also for its possible impact on cryptocurrencies like XRP.

Trump's Executive Order

Trump's order to set up the working group is aimed at developing regulations for digital assets in the US. This decision could lead to the establishment of a national digital asset reserve, which is significant for the regulation and use of cryptocurrencies in the country.

Prospects for XRP

Ripple CEO Brad Garlinghouse has speculated about the US government potentially accumulating XRP tokens, which could positively influence the cryptocurrency's price and adoption.

Debates Around Reserves

Recent attention to the XRP accumulation initiative has sparked debates. Garlinghouse emphasized the need for clear crypto regulations. Meanwhile, claims of aggressive lobbying against the Bitcoin reserve have stirred controversy, as noted by Pierre Rochard.

Trump's decision could significantly impact the cryptocurrency market and the regulation of digital assets in the US. Regardless of the outcome, significant changes in this area are expected, particularly regarding the influence on XRP and other American cryptocurrencies.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Bitcoin's Future: $200 Trillion Market Cap by 2030

chest

Adam Back predicts at the Bitcoin 2025 Conference that Bitcoin's market cap could reach $200 trillion by 2030 amid increasing institutional support.

user avatarGiorgi Kostiuk

The Invest America Act: What Lies Behind the Proposal for Tax-Advantaged Accounts?

chest

The Invest America Act remains under Senate review, with no impact on the cryptocurrency market.

user avatarGiorgi Kostiuk

Unlikely Mining Success Stuns Cryptocurrency Sector

chest

A Bitcoin miner secures $349,000 against odds of 0.004%, highlighting risks in the crypto landscape.

user avatarGiorgi Kostiuk

A Solo Bitcoin Miner Secures a $349,000 Windfall

chest

An unusual case in Bitcoin mining: an individual miner wins a prize of $349,000 despite odds of 0.004%.

user avatarGiorgi Kostiuk

Unusual Bitcoin Transfers Worth $8.6 Billion: Expert Analysis

chest

Significant Bitcoin transfers from old wallets raise questions about potential hacks and market pressures.

user avatarGiorgi Kostiuk

Overview of Best Performing Cryptos of 2025: BlockDAG, Cronos, Filecoin, and Litecoin

chest

Analysis of BlockDAG, Cronos, Filecoin, and Litecoin's chances of success in 2025 based on their current performance and technological advancements.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.