Recent developments have brought attention to both the U.S. government's funding status and former President Donald Trump's involvement in cryptocurrency investments.
Donald Trump's Cryptocurrency Investments
Mark Yusko, CEO of Morgan Creek Capital Management, recently revealed that Donald Trump and his son, Eric Trump, have been investing in various cryptocurrencies, including Bitcoin (BTC), XRP, and Hedera Hashgraph (HBAR). Yusko suggests that these investments could influence future cryptocurrency policies and potential ETF approvals.U.S. Government Funding
On December 21, 2024, Congress passed a bipartisan spending bill to avert a government shutdown, funding federal operations through March 14, 2025. The House approved the bill with a vote of 366-34, and the Senate followed with an 85-11 vote. President Joe Biden is expected to sign the bill into law. The legislation includes $100 billion in disaster aid and $10 billion for agricultural assistance. Notably, the bill does not address the debt ceiling, a point of contention raised by President-elect Donald Trump.
XRP Market Update
As of December 22, 2024, XRP is trading at $2.26 USD, reflecting a slight decrease of 0.88% from the previous close.
These developments highlight the dynamic intersection of U.S. government fiscal policies and the evolving landscape of cryptocurrency investments.
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