Ripple leadership and Bitcoin supporters are at a standoff over what a U.S. government strategic crypto reserve should look like.

Key Takeaways U.S. President Donald Trump on Thursday signed an executive order to establish U.S. dominance in digital assets and financial technology.While partly delivering on a campaign promise to create a bitcoin stockpile,

During 2024’s presidential election, the crypto industry gave generously to Donald Trump, lobbying hard for him to win. Now that their guy is in the White House, they’re hoping he will deliver on his promise to make America the “world capital” of cryptocurrency.

It hit a record high above $109,000 on Monday as Trump took to the White House for the second time. The popular altcoin XRP, used to facilitate transactions on Ripple’s payment platform, is up 1% to $3.