DeFi News Daily Official TheBitTimes.com

Donald Trump, the sexual predator and current sitting president of the United States, has fully embraced bitcoin. World Liberty Financial, a cryptocurrency project he profits from, has purchased millions of dollars worth of tokenized bitcoin, and the federal government at his direction has placed bitcoin into a special stockpile and is searching for ways to purchase additional bitcoin. This embrace of bitcoin comes after the cryptocurrency industry embraced him, with a wide variety of industry executives, including Cameron Winklevoss, Tyler Winklevoss, Brian Armstrong, Marc Andreessen, Michael Saylor, and many more, voicing their support for the authoritarian.  However, despite the industry’s support of Trump and Trump’s support of the industry, bitcoin has seemed to underperform. Read more: Trump confused by Strategic Bitcoin Reserve he just ordered Under Trump’s term so far, bitcoin has fallen over 13% from approximately $101k to approxima...

Asset manager WisdomTree has officially submitted its S-1 filing for a spot XRP ETF (Exchange Traded Fund). The development marks a significant milestone for the cryptocurrency industry. Ripple’s XRP token has surged following the ETF filing. https://twitter.com/watcherguru/status/1863548788654084452?s=46 Also Read: Shiba Inu: SHIB On Track To Claim $0.00005, Here’s When? XRP Begins To Rally? The cryptocurrency market is facing a slight correction. Bitcoin (BTC) is facing significant resistance at the $96,000 level. Ripple’s XRP token, on the other hand, is defying the market trend. The asset is up by 20.3% in the daily charts, 54.9% in the weekly charts, 102.1% in the 14-day charts, and 351.6% over the previous month. The asset’s price has also risen by 276.3% since December 2023. Source: CoinGecko Also Read: Currency: What’s Happening With Indian Rupee And The US Dollar? XRP’s latest rally has led to the asset breaching the $2 mark for the first time since Janu...