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Senin, 24 Maret 2025

👉Trump talks crypto, Ripple beats SEC, more inside

Trump makes bold crypto promises, Ripple scores a major win, and more top stories you need to know.  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­   View in browser 

Your weekly roundup of the 🔥hottest news in crypto:

Trump at crypto conference, Ripple CEO says SEC lawsuit 'over,' and other news

Mar. 16 - 22

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President Trump addresses the Digital Asset Summit. Source: Cointelegraph/Turner Wright


#1

Trump becomes first US sitting president to speak at a crypto conference

US President Donald Trump is steadily aligning his administration with the crypto industry. On March 20, he addressed a community conference for the first time since being elected.

Speaking at Blockworks' Digital Asset Summit on March 20 in a pre-recorded statement, Trump reiterated that the US would take steps to ensure it is the "crypto capital of the world."

The president lauded the recent regulatory shift in the crypto industry over the previous administration and added:

"Pioneers like you will be able to improve our banking and payment system and promote greater privacy, safety, security and wealth for American consumers and businesses alike. You will unleash an explosion of economic growth."

#2

SEC will drop its appeal against Ripple, CEO Garlinghouse says


The US Securities and Exchange Commission's multi-year enforcement action against Ripple is finally coming to an end, according to the company's CEO.

"This is it — the moment we've been waiting for. The SEC will drop its appeal — a resounding victory for Ripple, for crypto, every way you look at it," Ripple CEO Brad Garlinghouse wrote on X on March 19.

"I'm finally able to announce that the case has ended; it's over," Garlinghouse said in the video attached to the X post.

The end of a long-running legal battle between Ripple and the SEC comes four years after the US securities regulator sued the company over an alleged $1.3 billion unregistered securities offering in December 2020.

#3 

Coinbase becomes Ethereum's largest node operator with 11% stake


A Coinbase report revealed that the crypto exchange is the largest node operator on the Ethereum network, controlling 11.42% of total staked Ether.

In a performance report, Coinbase said it had 3.84 million Ether, worth about $6.8 billion, staked to its validators. The exchange also said that, as of March 3, it has 11.42% of total staked ETH.

Anthony Sassano, host of The Daily Gwei, said that Coinbase's stake makes the exchange the "single largest node operator" in the network.

Sassano added that while the staking platform Lido is bigger as a collective, each node operator has a much smaller percentage share.

Prediction of the Week

XRP price chart hints at 75% gains next as SEC ends lawsuit against Ripple


XRP's price has recovered by almost 30% in the last two weeks, led by a crypto market rebound, as Ripple's long-running legal battle against the US Securities and Exchange Commission came to an end.

As of March 21, XRP bounced after testing the triangle's lower trendline, eyeing a rise toward the upper trendline — around the apex point at the $2.35 level — by April. The ultimate target for this possible breakout is $4.35 by June, up 75% from the current price levels.

Conversely, a drop below the lower trendline could invalidate the bullish setup, setting XRP on the path toward $1.28. The bearish target is obtained by subtracting the triangle's maximum height from the potential breakdown point at $2.35.

FUD of the week

Bad news Bitcoin bulls, the long-hoped-for retail is already here: CryptoQuant


Bitcoin bulls who still think the cycle peak has yet to come as retail investors haven't piled in yet might be using an outdated playbook, according to a crypto executive.

"The idea that the cycle isn't over just because onchain retail activity is absent needs reconsideration," CryptoQuant founder and CEO Ki Young Ju said in a March 19 X post.

Ju said that those tracking retail movements using only onchain metrics will not have seen the full picture.

"Retail is likely entering through ETFs — the paper Bitcoin layer — which doesn't show up onchain," Ju said.

Written by Ciaran Lyons

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Minggu, 23 Maret 2025

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