Trump, Ripple & a U.S. Crypto Reserve – Is XRP the Chosen One?
Published: 2025-01-30
Status:
Available
|
Analyzed
Published: 2025-01-30
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
XRP is expected to benefit from a new pro-crypto administration in Washington, with the SEC's appeal against the 2023 ruling having little expected impact.
"the SEC has filed an appeal against the 2023 ruling that tipped the scales in Ripple's favor but this isn't expected to accomplish much especially with the new SEC top brass with the end of the never ending lawsuit now in sight and a newly Pro crypto regime in Washington xrp looks like it just walked out of jail in the best shape of its life"
Pending
Chris Larson made a substantial donation to Kamala Harris's campaign, potentially worth $50-60 million if XRP holdings were liquidated at higher values, making him her largest individual donor.
"Chris Larson donated $1.7 million including $10 million worth of xrp to cala Harris's campaign this made him Harris's third largest individual donor although depending on when the campaign liquidated the xrp Holdings they could have sold for more like 50 to 60 million"
Pending
Ripple CEO Brad Garlinghouse encouraged Donald Trump to diversify potential crypto reserves beyond Bitcoin.
"Ripple's own senior director of communications Susan hendrik confirmed to unchain that Ripple CEO Brad goinhouse had personally encouraged Trump to diversify the potential crypto reserves Beyond BTC"
Pending
It is suggested that Ripple is actively lobbying for XRP to be included in a strategic reserve.
"if that doesn't scream Ripple is lobbying for a strategic xrp Reserve then I don't know what does"
Pending
There is a possibility that XRP could be excluded from a potential 'homegrown altcoin' reserve if Chris Larson's past actions (donating to a political opponent) cause issues.
"imagine if this reserve of homegrown altcoins sees the light of day at some point only for xrp to be left out in the cold because Chris lson couldn't keep his coins to himself"
Pending
Ripple is believed to remain in good standing with Donald Trump and is expected to have a positive future outside of legal battles.
"we're pretty sure Ripple is still in Trump's good books and can now look forward to many sunny days outside of the courtroom"
Pending
XRP has a substantial market cap and has the potential to surpass Ethereum (ETH) in market cap, provided ETH does not significantly improve its performance.
"its market cap is eye watering and we don't know if it can pull any more multiples from here if it does though it will probably flip eth unless eth gets its skates on"
Pending
The US government is predicted to actively promote the crypto industry.
"if anything the government appears poised to actively promote the crypto industry"
Pending
The future of the US crypto industry's brightness is dependent on favorable policy and regulatory environments within the next four years.
"just how bright will depend on how favorable the policy and Regulatory environment becomes in the next four years"
Pending
The crypto industry was a dominant force in corporate spending during the 2024 US elections, accounting for nearly half of all such spending.
"the crypto industry accounted for nearly half of all corporate spending in the 2024 election"
Pending
Donald Trump began engaging with crypto in late 2022 but only started speaking positively about it publicly in March 2024.
"Trump launched his first nft collection in December 2022 so he had been dablin in crypto for quite some time prior to the 2024 election cycle but it wasn't until March 2024 that he started speaking positively about crypto in public"
Pending
Donald Trump expressed a desire for the future of crypto to be 'mined, minted, and made in America' by July 2024.
"by July 27th he was the keynote speaker at the Bitcoin conference in Nashville telling the crowd that he wanted the future of crypto to be mined minted and made in America"
Pending
Donald Trump's team anticipates raising approximately $500 million in donations by the summer.
"sources in Trump's team told axios that they expect to raise about $500 million in donations by the summer"
Pending
Crypto industry donors are now giving significantly larger amounts, with some individuals contributing $10-20 million, a substantial increase from previous large donations of $1 million.
"the crypto guys are just blowing it out it used to be $1 million was a big number now we're looking at some folks giving $10 million or $20 million"
Pending
The crypto industry is predicted to receive very favorable treatment from the US government over the next four years.
"crypto can look forward to a very favorable treatment over the next 4 years"
Pending
Donald Trump is reportedly receptive to the idea of a 'Bitcoin Reserve' and American-made cryptocurrencies.
"Trump was receptive to the idea of creating such a reserve and frankly if he's taken the idea of a Bitcoin Reserve seriously then American made cryptos should be right up his street too"
Pending