);)
Cynthia Lummis, a US senator who recently introduced a bill for the US government to accumulate BTC, emphasized that the US Treasury Department should accumulate BTC (BTC) to pay off the rapidly rising US government debt. In an interview with Bloomberg on the 17th, Lummis pointed out the soaring inflation across the US and government debt, arguing that the US Treasury Department should convert some of the gold it holds as reserve assets into BTC.
2. Ripple CEO hints at meeting with President-elect Trump
Brad Garlinghouse, CEO of Ripple, appeared in an interview with Fox Business TV on the 16th and hinted at a meeting with President-elect Donald Trump and major changes in the cryptocurrency market. When asked by the anchor if he had met with President-elect Trump, he replied, "I won't go into specifics, but with Trump's election as US president, the US cryptocurrency industry has ended the war." He then emphasized, "After the election, XRP rose more than 70%, and the US cryptocurrency industry has entered a new phase." Garlinghouse's remarks led to a surge of about 151% in Ripple over the weekend.
3. SBI Chairman "Ripple should prepare for IPO quickly"
Yoshitaka Kitao, chairman of SBI, posted on his X account on the 17th that "Ripple should start preparing for an IPO (initial public offering) as soon as the SEC case is resolved." Kitao is the largest shareholder of Ripple. Previously, Garlinghouse, CEO of Ripple, had stated that an IPO in the US is not Ripple's top priority.
4. Joo Gi-young "Bitcoin price ceiling is $13,500"
Joo Gi-young, CEO of Cryptoquant, predicted in a report released on the 17th that the ceiling price of the recent continuous rise in Bitcoin is $13,500. Based on the capital flowing into Bitcoin through exchange-traded funds (ETFs) and products in the US, he conducted a quantitative analysis of the recent Bitcoin price movements and set the target price for Bitcoin in 2024 at $13,500.
Reporter Kwon Seung-won ksw@blockstreet.co.kr
