Bitcoin vs XRP • Jack Mallers' emergency broadcast • French crypto co-founder freed • Real Bedford FC in the news again!
Block Height: 881,021 - Bitcoin Price: $99,120
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🔥 Top Stories
MicroStrategy may owe taxes on $19B unrealized Bitcoin gains…
Trump’s Digital Assets Executive Order May Not Last — Senator Lummis is Doing it Right...
Why The ‘Bitcoin President’ Is Really More Of An ‘Ethereum President’…
‘Bitcoin reserve or nothing’ — Ripple slammed for pushing multi-asset reserve…
French crypto company co-founder freed after kidnapping…
Bitcoiners vs $XRP Army: Top Crypto Communities Clash Over Strategic Digital Assets Reserve…
How A Little Bitcoin Could Have Transformed Your Portfolio…
Bitcoin-funded [football] club wants to be bigger than Luton…
and much, much more….
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✨Editor's Exclusive
Ripple is attempting to position XRP alongside Bitcoin switching Trump’s Bitcoin Strategic Reserve into a broader Digital Asset Reserve.
5 (of many) Reasons XRP is Controversial
Centralization Concerns: Ripple Labs, the creator of XRP, owns over 44% of its tokens. Including holdings by its founders, over 50% of the supply is controlled by insiders, all acquired from a pre-mine. This undermines any claim of decentralization and raises ethical questions.
Unregistered Security Claims: Despite winning a partial legal battle with the SEC, XRP remains under scrutiny. Ripple operates more like a traditional company, employing a CEO and PR team to market its token, making it look less like a community-driven project and more like a centralized product.
Ledger Transparency Issues: The loss of the first 32,000 XRP ledger entries raises serious concerns about the project's competence or integrity. Without a way to verify its early history, trust in the XRP ledger remains shaky.
Anti-Bitcoin Campaigns: Ripple Co-founder Chris Larsen funded a $5M Greenpeace campaign to spread misinformation about Bitcoin's energy use, despite evidence that BTC mining can benefit the environment and power grids.
Political Lobbying Against Bitcoin: Ripple’s strategy includes aligning with politicians who oppose Bitcoin and broader crypto adoption, further alienating it from the crypto community.
These actions collectively make XRP one of the most criticized assets in the cryptocurrency space. Let us know in the comments what you think!
👀 Worth Watching
Jack Mallers says, “this isn’t just about Bitcoin vs Ripple, it’s about whether the future of money belongs to the people or to private corporations and it is up to us to decide.”
Epic new Bitcoin advert. MUST WATCH!
🗣️ Timeless Quotes
“It's the United States that needs the Strategic Bitcoin Reserve, not bitcoin”
Pierre Rochard
📰 News
MicroStrategy may owe taxes on $19B unrealized Bitcoin gains: Report.
Despite never selling any Bitcoin, MicroStrategy may have to pay taxes on its unrealized gains.
Michael Saylor’s MicroStrategy, the largest corporate Bitcoin holder, may have to pay federal income taxes on its unrealized gains, according to the Inflation Reduction Act of 2022.
Trump’s Digital Assets Executive Order May Not Last — Senator Lummis is Doing it Right.
“Even if the EO had been an outright Strategic Bitcoin Reserve, the next administration (after Trump) could undo it (what’s done administratively can generally be undone administratively). So, in order to get the 20-year minimum HODL, which my bill calls for, and meaningfully address America’s debt, we have to go through the legislative process (passage through both the House and Senate) to get it to the President’s desk for signature,” said Senator Lummis.
Ross Ulbricht, the mastermind behind the online drugs marketplace Silk Road, was granted a full pardon by President Trump after serving nearly 12 years in federal prison, raising questions about the fate of his seized Bitcoin assets.
Why The ‘Bitcoin President’ Is Really More Of An ‘Ethereum President’
In a surprising twist that has created controversy in the Bitcoin community, recent moves by President Trump’s newly launched World Liberty Financial have cast fresh light on the differences between Bitcoin and Ethereum.
At the heart of the controversy is a transaction involving wrapped bitcoin and bitcoin, terms that are anything but synonymous.
‘Bitcoin reserve or nothing’ — Ripple slammed for pushing multi-asset reserve.
The Bitcoin community is criticizing Ripple for advocating a US multi-coin strategic reserve, instead of Bitcoin-only, sparking heated debate within the crypto space.
Bitcoiners accused Ripple of being the “biggest obstacle” to a US Strategic Bitcoin Reserve because it actively promoted the inclusion of multiple coins, including XRP.
As Ethereum Stagnates, MetaMask Expands to Bitcoin and Beyond.
MetaMask may already be a go-to name for millions of crypto users, but the popular digital wallet could potentially reach a much wider audience as it begins to expand beyond Ethereum—starting with Bitcoin.
China Sells Nearly $20 Billion in Bitcoin Seized from PlusToken Scheme, CryptoQuant CEO Reveals.
China's government has likely sold nearly $20 billion worth of Bitcoin, according to CryptoQuant CEO Ki Young Ju. This Bitcoin was seized from the PlusToken Ponzi scheme in 2019, which swindled investors out of billions of dollars. Ju speculates that the nearly 194,000 BTC was sold over time through exchanges like Huobi.
Spot Bitcoin ETFs are ‘quietly on fire’, expert says.
It has been slightly over a year since the Securities and Exchange Commission approved the launch of spot Bitcoin ETFs for the U.S. market. After achieving record net inflows and assets under management in 2024, spot BTC ETFs have entered 2025 with notable momentum.
French crypto company co-founder freed after kidnapping.
A co-founder of French crypto company Ledger and his partner have been freed after being kidnapped and held to ransom, the Paris prosecutors' office said on Thursday.
Bitcoiners vs $XRP Army: Top Crypto Communities Clash Over Strategic Digital Assets Reserve.
A word war is ensuing between Bitcoiners and the XRP Army, fueled by a post from a prominent Bitcoin maximalist and cryptocurrency executive who said Ripple and the XRP token are the "biggest obstacle" in achieving a strategic BTC reserve (SBR).
Musk exploring blockchain use to curb US government spending: report
Elon Musk, the head of the Department of Government Efficiency (DOGE) & King of Shitcoins, is reportedly exploring implementations of blockchain technology in US government operations to track and reduce federal spending.
How A Little Bitcoin Could Have Transformed Your Portfolio.
Hindsight is 20/20 and if we could go back in time, our portfolios would likely have heaps of Nvidia, Tesla and — you guessed it — Bitcoin.
Bitcoin-funded club wants to be bigger than Luton.
The Bitcoin podcast owner of a non-league football club said they have had three years of being ridiculed, but "now we have had some success people are coming round to it".
Peter McCormack, who co-owns Real Bedford, said locally he wanted the club to be bigger than Kettering Town, then Northampton, then Milton Keynes, then Luton, "and ultimately to the Premier League".
🔍Community Highlights
🧡 Favourite Memes
📙Book of the Month
The Blocksize War: The battle over who controls Bitcoin’s protocol rules by Jonathan Bier. This is an absolute essential read for anyone however far you are on your bitcoin journey.
Disclaimer: The content in this newsletter is for informational purposes only and should not be considered financial, investment, or legal advice. Being sovereign involves risks, don't trust, verify! Do your own research and consult a professional before making any decisions. Use this information at your own risk.
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