empty
29.01.2025 10:13 AM
XRP Could Be Added to the U.S. Cryptocurrency Reserve

Despite a major panic-driven sell-off in the Asian cryptocurrency market, traders quickly seized the opportunity and managed to recover most of the losses. Bitcoin has returned to the $103,000 range, where it spent a significant amount of time yesterday, while Ethereum continues to struggle to break above $3,161.One of the key developments in the crypto market is the recent statement from Ripple CEO Brad Garlinghouse. He revealed that he had discussions with Donald Trump regarding the possibility of XRP becoming a strategic reserve asset for the U.S.. However, Garlinghouse did not specify whether Trump made any commitments on this matter or if the meeting led to any tangible progress.

This image is no longer relevant

Garlinghouse emphasized that establishing a strategic reserve based on XRP could significantly enhance the economic resilience of the U.S.. He pointed out that such an initiative would allow the government to leverage blockchain technology for financial optimization and increased transaction transparency.

In the face of global economic uncertainty, Ripple sees digital assets as a foundation for the future financial system. While Trump's stance remains uncertain, the meeting sparked interest among crypto industry experts. Many believe that endorsement from high-profile figures could serve as a catalyst for broader governmental adoption of cryptocurrency technologies.

However, many questions remain about how this idea would be implemented and what steps the administration might take if it decides to pursue this initiative.

Not all leading experts support this idea. VanEck recently stated that Bitcoin (BTC) is the only cryptocurrency suitable for the U.S. reserve, arguing that it is fundamentally different from all other digital assets.

According to VanEck analysts, Bitcoin's uniqueness lies in its limited supply and decentralized nature, making it more resistant to inflation than other cryptocurrencies. Additionally, Bitcoin's immunity to manipulation has strengthened trust among institutional investors.

Moreover, Bitcoin enjoys unmatched liquidity, which secures its dominant position in the market. Meanwhile, many altcoins, including Ripple (XRP), could remain vulnerable in comparison to Bitcoin's superior position.

This image is no longer relevant

Bitcoin Technical Outlook

Buyers are currently targeting a return to the $103,000 level, which opens a direct path to $104,400, and from there, it is just a short step to $105,900. The ultimate target is the $107,400 level, a breakout above which would signal a return to a medium-term bullish market.

In the event of a Bitcoin correction, I expect buyers to emerge around $101,250. A drop below this level could quickly push BTC down to $99,500, bringing it closer to the $97,900 mark. The lowest target would be around $96,400.

This image is no longer relevant

Ethereum Technical Outlook

A clear consolidation above $3161 paves the way for a move to $3220, and from there, a push to $3264 is within reach. The ultimate target is the yearly high around $3314, a breakout above which would confirm a return to the medium-term bullish market.

In case of an Ethereum correction, I expect buyers to appear near $3106. A drop below this level could quickly send ETH towards $3056, with the final target at $2997.

Pilih carta masa
5
min
15
min
30
min
1
jam
4
jam
1
hari
1
minggu
Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN

Artikel yang dicadangkan

Cadangan Dagangan untuk Pasaran Mata Wang Kripto pada 19 Mac

Bitcoin dan Ethereum menghadapi cabaran sekali lagi selepas penjualan baru-baru ini di pasaran saham AS, tetapi pembeli dan pemain utama sekali lagi menunjukkan kekuatan mereka dengan membeli semua pergerakan penurunan

Miroslaw Bawulski 09:01 2025-03-19 UTC+2

Cadangan Dagangan untuk Pasaran Mata Wang Kripto pada 18 Mac

Pembeli Bitcoin dan Ethereum berusaha untuk mencapai pertumbuhan yang lebih ketara, dan seketika, pasaran yang menaik mungkin mendapat harapan untuk kembali. Walau bagaimanapun, mereka tidak dapat mempertahankan paras tertinggi yang

Miroslaw Bawulski 08:00 2025-03-18 UTC+2

Bitcoin dan Ethereum Bergelut untuk Bertahan

Bitcoin dan Ethereum terus berusaha untuk meningkat, walaupun menghadapi kesukaran setiap kali. Namun, peluang untuk kembali ke pasaran menaik masih agak tinggi. Selepas kejatuhan ketara ke sekitar $82,000, Bitcoin telah

Jakub Novak 09:32 2025-03-17 UTC+2

Analisis Teknikal Pergerakan Harga Harian Cryptocurrency Uniswap, Jumaat 14 Mac 2025.

Dari apa yang dilihat pada carta 4-jam bagi mata wang kripto Uniswap, walaupun kini masih berada di bawah tekanan, ia ditunjukkan oleh pergerakan harga yang bergerak di bawah EMA (21)

Arief Makmur 07:03 2025-03-14 UTC+2

Analisis Teknikal Pergerakan Harga Intraday Matawang Kripto Doge, Jumaat 14 Mac 2025

Dengan kemunculan penumpuan antara pergerakan harga mata wang kripto Doge dan penunjuk Pengayun Stochastic, ia memberikan isyarat bahawa dalam masa terdekat, Doge berpotensi untuk mengukuh ke arah atas, di mana

Arief Makmur 07:03 2025-03-14 UTC+2

Cadangan Dagangan untuk Pasaran Kripto pada 13 Mac

Bitcoin dan Ethereum dikunci dalam saluran baru. Di sebelah positifnya, tekanan jual yang kuat yang diperhatikan pada permulaan minggu telah berkurang. Namun, terdapat kebimbangan mengenai potensi pertumbuhan lanjut Bitcoin, memandangkan

Miroslaw Bawulski 08:05 2025-03-13 UTC+2

Bitcoin Bersedia untuk Kemunculan Semula

Apabila Bitcoin dan Ether melantun semula dengan kuat dari paras terendah tahunan mereka, ini menunjukkan bahawa pasaran menaik belum berakhir. Dalam konteks ini, Senator Cynthia Lummis telah memperkenalkan semula rang

Jakub Novak 23:59 2025-03-12 UTC+2

Cadangan Perdagangan untuk Pasaran Kriptowang pada 12 Mac

Bitcoin dan Ethereum telah mengalami sedikit pemulihan setelah satu lagi jualan besar, mencapai paras terendah baru tahun ini. Kepanikan yang dilihat dalam kedua-dua pasaran saham AS dan pasaran mata wang

Miroslaw Bawulski 08:03 2025-03-12 UTC+2

Cadangan Dagangan untuk Pasaran Mata Wang Kripto pada 11 Mac

Bitcoin dan Ethereum kedua-duanya telah mencapai paras terendah tahunan baharu, mencerminkan penurunan dalam pasaran saham AS, yang kini telah jatuh untuk minggu keempat berturut-turut. Semalam, pasaran kripto mengalami penjualan besar-besaran

Miroslaw Bawulski 09:03 2025-03-11 UTC+2

Analisis BTC/USD – 11 Mac: Adakah Penurunan Bitcoin Telah Berakhir?

Struktur gelombang pada carta 4 jam BTC/USD kelihatan cukup jelas. Selepas penyempurnaan aliran menaik lima gelombang, pasaran kini memasuki fasa penurunan, yang pada masa ini kelihatan sebagai gelombang pembetulan. Berdasarkan

Chin Zhao 08:39 2025-03-11 UTC+2
Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula Widget
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.