January 3, 2025 will be remembered as a landmark date for the cryptocurrency landscape as the 119th Congress took office, strongly supporting digital currencies. This new Congress signals a shift away from previous administrations’ caution toward a more accepting approach to cryptocurrencies. This change is essential as it can lead to sound policies that foster innovation and protect consumer rights in the rapidly evolving digital economy.
In a competitive crypto market, Ripple's stablecoin, RL USD, has made headlines by surpassing PayPal in trading volume. This achievement emphasizes the growing acceptance and use of Ripple's blockchain technology. As the crypto market evolves, Ripple’s focus on stablecoin development showcases its potential to bridge the gap between traditional and digital finance, further establishing its presence in the industry.
Bitcoin's attractiveness as an investment is underscored by its impressive annualized returns of 147%, compared to traditional assets. As more fiscal institutions acknowledge Bitcoin's potential, the landscape is changing rapidly. Experts are suggesting that investors consider dollar-cost averaging strategies, as this could be beneficial amidst the technological advancements that characterize this transformative financial era.
The 119th Congress has officially taken office, and it's a monumental moment for the cryptocurrency sector. This Congress is the first in American history to be fully pro-crypto, bringing hopes for a more favorable regulatory environment for cryptocurrency entities like Ripple and Bitcoin. Previously, the landscape was marred by scrutiny and regulatory pressure from various bodies, but with this shift in Congress, there’s potential for positive changes. The implications are significant. Congress has the power to enact laws, allocate public funds responsibly, and provide oversight on federal operations. With a pro-crypto stance, lawmakers are empowered to elevate discussions around digital currencies and investment opportunities while ensuring that retail investors also have a voice in the legislative process. It’s vital for voters to support candidates who champion the crypto cause to ensure ongoing progress. In the realm of cryptocurrency, recent developments show Ripple’s stablecoin, RL USD, surpassing PayPal in trading volume, demonstrating Ripple’s growing influence. Additionally, XRP remains a top contender in market standings. Industry veterans are reassessing their positions on Bitcoin, calling it a promising asset class with substantial growth potential. With annualized return rates significantly outpacing traditional investments, Bitcoin is solidifying its credibility as a sound investment, making it an exciting time for enthusiasts and investors alike.House of Representatives has the “power of the purse”….and the saying “ it’s all about the the Benjamins” will be replaced by “it’s all about the Bitcoin” 👍
Gensler, Warren, Sherrod Brown, Martin (FDIC chair) cost the dems the elections (or played a major role at the very least), now they are like tears in the rain. Whomever that stands against innovation and cryptos will face the same wrath. By all means, stop the scammers like SBF and Do-Kwon, but dont go after the good players. Look at VHS, post offices, cinemas, fax machines, fixed line phones, horse and carriages... history is littered with resistance to progress and innovation, dont fall on the wrong side of history.
It’s about time, with this pro crypto congress people can finally make money with crypto. I hope they pass laws essentially forcing businesses to accept crypto as payment and as a form of payment for their employees. I would also like NFT’s forced into the public investor space from major investment firms and fire influencers like nelk boys and hawk tuah podcast. I don’t care if the public doesn’t want it….force it on them….Let’s make that money!!!!! And whatever else good things for the public that helps me specifically. Let’s go congress!!!
God say in the holy Quran: Say He is Allah, the one and only, Allah. The Eternal, Absolute, He does not beget, nor is He begotten, and there is none like unto Him. Holy Quran: surah Al-Ikhlas
Wait until people realize how invested and involved Elon Musk actually is into XRP….
Xrp & xlm you mean. Also, you might wanna mention to your viewers that when the time comes, digital ID is ok but Dont Take the CHIP into your body.
