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Russian Lawmaker Proposes Bitcoin Reserve to Improve Financial Stability
Russian State Duma Deputy Anton Tkachev, a member of the New People party, has suggested creating a strategic Bitcoin reserve to strengthen the country’s financial stability. According to local reports in Moscow, Tkachev has formally submitted this proposal to Finance Minister Anton Siluanov. Russia to Consider Plans for a Bitcoin Reserve? In the proposal, Tkachev highlights the limitations of traditional currency reserves, such as the dollar, euro, and yuan. He mentions that these assets are susceptible to inflation and international sanctions. Also, Tkachev argues that a Bitcoin reserve could serve as an independent alternative, free from the influence of any...
Robinhood relists Solana, Cardano and XRP, adds Pepe
Robinhood has relisted major altcoins Solana, XRP and Cardano for its US customers. The platform also added support for Pepe, news that saw PEPE price skyrocket. Robinhood Crypto announced on Wednesday that it had added support for four digital assets – Solana, Pepe, Cardano and XRP. The popular trading app now supports SOL, ADA, XRP and PEPE for its US customers, according to the announcement. Robinhood relists major tokens The move brings the number of supported cryptocurrencies on Robinhood to 19, expanding further reach for the platform as the market explodes amid bullish sentiment. “We’ve consistently heard from our customers...
Ripple (XRP) Price Faces Uncertain Momentum After 6-Year Highs
Ripple (XRP) price has surged more than 330% in the last 30 days, surpassing Solana’s market cap and reaching its highest levels in 6 years. However, its RSI is now at 46, a significant drop from the overbought level above 70 that was seen between November 29 and December 3, when XRP peaked around $2.90, its highest level since 2018. This decline suggests that the bullish momentum has cooled, and the market sentiment is now neutral or slightly bearish. As a result, XRP could face a period of consolidation or mild downward pressure before any potential recovery. XRP RSI Is...
