XRP, Solana, USDC Could Edge Out Bitcoin

Based on a report within the New York Publish, the narrative about a strategic Bitcoin reserve might nicely be increasing previous the OG crypto. The report cites unnamed sources who say that the Trump administration is probably contemplating prioritising different crypto belongings similar to Solana, USD Coin and XRP, in a so-called “America-first strategic reserve”.

Associated: Italy’s Largest Bank Buys $1 Million Worth of Bitcoin as Texas, Oklahoma Join List of US States Pondering Bitcoin Reserve

The sources informed the Publish that this might “delegitimise” efforts to determine and promote Bitcoin.

In the meantime, different sources apparently are suggesting that any present issues or disagreements inside the crypto area are much less vital in gentle of the anticipated upcoming “crypto golden age”.

Early Bitcoin investor Frank Chaparro stated the Trump presidency has already modified course for the crypto sector and that the US is again in enterprise:

It’s a radical shift — America is so again in enterprise for crypto founders.

Frank Chaparro

Crypto Dinner with Trump for $1 Million, Anybody?

This Friday, Trump’s AI and Crypto Czar, David Sacks, is throwing a little bit of a celebration with the first-ever Crypto Ball within the US capital metropolis of Washington DC, simply forward of Trump’s inauguration on January 20.

In case you’re within the space and wish to go, sadly, the occasion is bought out regardless of a hefty price ticket, with tickets starting from USD 2,500 to 1 million for the black-tie occasion.

The occasion consists of an unique dinner with Trump and representatives from Coinbase, Solana, Kraken, Galaxy Digital, MicroStrategy and extra.

SEC Overhaul Doubtless Publish Trump Inauguration

In the meantime, management adjustments on the US Securities and Trade Fee (SEC) are nearing with Gary Gensler’s departure. Republican SEC commissioners Hester Peirce and Mark Uyeda are stated to be on the point of assist pivot the company from its “regulation by enforcement strategy” below Gensler.

As Reuters reports, the 2 commissioners are considering the way to make clear guidelines for the business together with what the SEC considers a safety. There’s additionally discuss some present and pending instances being reviewed, Ripple would hope they’re speaking about their case.

Associated: Dubious 20% Returns Offered as Justin Sun’s Unveils USDD 2.0 Stablecoin

Paul Atkins, the pro-crypto choose for the SEC chair, is extensively believed to be poised to finish the “battle” on crypto.