Ripple CEO Brad Garlinghouse has responded to accusations from Riot Platforms Vice President Pierre Rochard that Ripple is running a lobbying campaign to block plans to establish a Strategic Bitcoin (BTC) Reserve in the United States.
However, Garlinghouse dismissed the claims, stating that Ripple's move actually supports the possibility of creating a crypto strategic reserve that includes Bitcoin.
Previously, in a post on the X platform, Rochard accused Ripple of spending millions of dollars to influence policy in the interests of XRP, Ripple's third-largest crypto by market capitalization.

Grayscale Investments, a leading crypto asset management firm, has filed with the Securities and Exchange (SEC) to convert the Grayscale Solana (SOL) Trust into an exchange traded fund (ETF), Friday (01/25).

The day before, Bitwise Asset Management had filed an application for a Dogecoin ETF with the SEC. Therefore, this trend shows that crypto companies are starting to compactly file for ETFs since Gary Gensler stepped down.

The surge in crypto ETF filings reflects growing optimism in the digital currency market industry, especially after the SEC chairman was replaced by pro-crypto leader Mark T. Uyeda.

US Senator Elizabeth Warren urged US financial regulators and the government ethics office to investigate Trump and Melania's crypto tokens.

“We write with deep concern about President Trump and First Lady Melania Trump’s decision to launch two memecoins, TRUMP and MELANIA, that will allow them to profit from his presidency,” Warren wrote in her letter.

Warren is also worried that Trump coins could hurt people in the industry who believe in the US President. Because, there is a term in memecoin called rug pull, which is the event of launching a coin and suddenly withdrawing it which causes investors to lose a lot.

United States (US) President Donald Trump wants to make his country the world's center of artificial intelligence (AI) and crypto technology. This has been conveyed several times from the campaign period to the inauguration.
Trump recently signed a plan to loosen AI policies to maintain and increase US dominance in the advancement of this technology. It is known that Scale AI CEO Alexandr Wang described the competition between China and the US as an "AI war" at the World Economic Forum in Davos, Switzerland, Thursday (23/01).

Indonesia's Business Competition Supervisory Commission (KPPU) has fined Google Rp202.5 billion. Because the technology company is suspected of monopolizing the market by forcing local application developers to use the Google Play Store service.
Google has also been accused of forcing users to use Google Play Billing for in-app transactions by charging service fees of between 15% and 30%.
In response, the tech giant defended itself by arguing that its practices positively contribute to the app ecosystem in Indonesia and encourage a healthy and competitive environment.

Ivanka Trump is distancing herself from the recently launched official Ivanka token. Memecoin creators are trying to capitalize on the Trump family's recent success with the new Ivanka memecoin.

Ivanka Trump is denying that she has nothing to do with the memecoin.
Trump's Pandora's Box in the memecoin world.
The rise of memes about the Trump family has become something of a phenomenon lately, and memecoin creators have taken notice.
But how far will this trend go before it runs out of steam, or is it already happening with Ivanka's tokens? Memecoin creators are capitalizing on this trend by releasing another memecoin dedicated to the Trump family. This time it's about the daughter of current US President Donald Trump, Ivanka Trump. For example, Barron's official memcoin has risen 2,800 percent since the day after Trump's inauguration.
before that, the official memcoin TRUMP reached 183 percent growth after launching on the exchange. Even Melania's official #token #rose more than 280 percent on Jan. 20 after launching on the exchange.
these memcoins achieved even more impressive gains for early investors before being released on the exchange. So expectations for Ivanka's memcoins were high.
Ivanka Trump recently released a statement saying she had nothing to do with the IVANKA memcoin.
She even claimed it was a fraudulent memcoin that used her name without authorization.
the eldest daughter said that her legal team is considering legal action on the matter. Meanwhile, IVANKA's memcoin has already gone public on centralized exchanges. It was launched on MEXC on January 20 and rose about 2,400% to its highest price ever.
At the time of publication, it was trading 000059 U. S. dollars below its January 20 opening price.
Judging by its impressive performance, it's clear that memecoin's founders have already made significant profits.
However, is Trump's recent memecoin boom over or is it the beginning of something bigger? Memecoin creators have been in business for quite some time.

Read us at: Compass Investments
#GlobalCrypto #news #CryptoAdoption

The release of DeepSeek R1, a large-language open-source artificial intelligence model, took the world by surprise and shattered long-held beliefs about the development of artificial intelligence. According to venture capitalist Nick Carter of

, the release of an artificial intelligence model developed in China has dispelled the belief that China only produces closed-source #AI and shattered Silicon Valley's advantage over global competitors. According to venture capitalist Nick Carter, the release of an artificial intelligence model developed in China has dispelled the belief that China only produces closed-source AI and destroyed Silicon Valley's advantage over global competitors.
Carter said that DeepSeek is proof that OpenAI does not have an unrivaled moat, scaling up, He added that assumptions about the accumulation of cost and development cost in AI models have also been dispelled by this event.
the rapid deployment of China's AI model contradicts previous reports that China is six months behind the US in AI development, and creates new competition in the global AI arms race.
In October 2022, the U. S. imposed an embargo on AI chips to China, banning the export of some high-performance computing chips developed by U. S. -based Nvidia and AMD.
Despite the embargo, Chinese companies switched to domestic production or were forced to manufacture AI chips in the U. S. , leading to a decrease in the number of Chinese companies producing AI chips, using cloud computing platforms such as Amazon Cloud Services to bypass the restrictions and obtain high-performance chips.
In August 2023, China also eliminated financial penalties for AI companies that deviate from industry regulations, It relaxed AI development rules to encourage innovation.
President Donald Trump declared the U. S. the AI capital of the world and sees #cryptocurrencies and AI as key to maintaining U. S. hegemony.
at the World Economic Forum in Davos At the summit, the president said deregulation of the energy sector will help the U. S. dominate the AI industry.

Read us at: Compass Investments
#CryptoAdoption #news #Crypto2024

Analyst sees 'glorious' surge for top 30 altcoins, ahead of Solana and Fartcoin - The Daily Hodl A popular crypto analyst believes one of the top 30 altcoins will achieve a parabolic upswing -

altcoin A pseudonymous analyst, known as Sherpa, told 240,200 followers on social media platform X that HYPE, the utility token of decentralized perpetual futures exchange Hyperliquid, could more than double in value this cycle.
For HYPE to go up to $50 would be great. Hyperliquid. Looking at the four-hour chart, traders believe HYPE looks bullish as it trades in a range of $18.53 at the lower boundary and $26.57 at the upper boundary and above its exponential moving average.
HYPE is trading at $23.20 at the time of writing, up 4.9% in the last 24 hours.
further traders say #Solana (SOL) has upside potential as rival Ethereum (ETH) may challenge the $260 resistance level on the weekly chart.
#SOL will still continue to rise and is the best layer 1 at the moment, it is unclear if it will outperform BTC, but barring any major changes, I think it will continue to outperform #ETH over the next few weeks.
SOL was trading at $255 at the time of writing, up 1.8% in the last 24 hours.
Finally, traders should be aware that despite recent adjustments, Mimcoin, which incorporates artificial intelligence (AI) systems for the purpose of generating ideas and content. They remain supporters of Fartcoin (FARTCOIN).
I have withdrawn a few positions, but there are still a lot of them. I'm going to review everything as it's a pretty nasty move overall. I still support Fartcoin, but I'm not going to bypass it.
Read us at: Compass Investments
#TrendingTopic #news

Many think that Ethereum is stagnant, but the real revolution is hidden behind the scenes, and it's far from just about the price. Here’s what really matters:
1️⃣ CBDC and Ethereum. Central banks are actively exploring Ethereum as an infrastructure for launching digital currencies (CBDC). Recently, rumors have been confirmed: several countries (including Europe) are conducting pilot projects based on Ethereum. If CBDCs go through its network, this will create insane demand for ETH as gas.