Ripple’s RLUSD stablecoin debuted on Uphold, offering rewards and benefits to XRP holders. Federal Reserve Chair Jerome Powell ruled out the possibility of the Fed holding Bitcoin due to legal restrictions. Meanwhile, Strike CEO Jack Mallers hinted at President-elect Trump considering a Bitcoin strategic reserve. On the Solana front, decentralized apps achieved a record $365 million in monthly revenue. Lastly, Bitcoin experienced a sharp drop to $92K.
XRP Community Gains New Rewards
Ripple’s RLUSD stablecoin debuts on Uphold, offering rewards and exclusive benefits, solidifying its role in digital… read more.
Editor’s comment: It will be important for Ripple to capitalize on the current XRP price appreciation by giving the XRP community more things to do in the XRP ecosystem.
Fed Rules out BTC Reserves: ‘We’re Not Allowed to Own Bitcoin’
Federal Reserve Chair Jerome Powell has dismissed the idea of the Fed holding bitcoin, emphasizing legal restrictions… read more.
Editor’s comment: This doesn’t seem as damning to me as others have stated. I can imagine that the executive branch could contort some executive power in order to make a vehicle for holding bitcoin.
Strike CEO Drops Bombshell: Trump Eyeing US Bitcoin Reserve
This week, Jack Mallers, the CEO and founder of Strike, dished on President-elect Donald Trump’s plan to establish… read more.
Editor’s comment: The rumor mill continues to churn, with more reputable figures predicting the bitcoin strategic reserve will happen.
Solana’s Dapps Revenue Hits Record $365 Million
The Solana dapp ecosystem reached significant monthly revenue numbers in November, with Pumpfun crossing… read more.
Editor’s comment: Solana (SOL) might be consolidating at the moment, but the ecosystem is still buzzing with activity.
Bitcoin Drops to $92,118
Bitcoin (BTC) plunged over 9% on Friday to a 24-hour low of $92,118 at 6:30 a.m. Eastern Time… read more.
Editor’s comment: Remember, even in bull cycles, bitcoin can go down upwards of 20%. Don’t get shaken out now!
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