The post Cardano CEO responds to Peter Schiff’s ‘Bitcoiner’ Campaign against Ripple’s Strategic Reserve Inclusion appeared on BitcoinEthereumNews.com.

Ripple (XRP) price rose 40% on Sunday March 2, grazing the $3 mark in reaction to US President Donald Trump’s decision to include XRP in a newly-established crypto strategic reserve. Ripple (XRP) Delivers 40% Gains after Trump’s Executive Order on Crypto Strategic Reserve Ripple (XRP) has dominated crypto media headlines in recent weeks, thanks to events surrounding a new stablecoin launch, the SEC dropping multi-year-long charges against Ripple, and speculations around ETF filing progress. However, US President Donald Trump introduced fresh bullish impetus on Sunday after announcing an executive order to include XRP, along with Bitcoin (BTC), Cardano (ADA), Solana (SOL), and Ethereum (ETH), in the newly established US Crypto Strategic Reserve. Ripple (XRP) Price Action, March 2, 2025 As expected, the news boosted demand for XRP as traders moved swiftly to bolster their holdings to front-run gains, anticipating that the US Treasury—managing the world’s second-largest economy—would begin making spot XRP purchases for its strategic reserve. Within hours of Trump’s posts on Truth Social, Ripple price rose by a remarkable 40%, surging from an opening price of $2.14 to graze the $3 mark before the close of trading on Sunday. Notably, XRP delivered the second-highest price gains among the five assets mentioned in Trump’s US Crypto Strategic Reserve pool, behind Cardano, which surged by more than 100%, moving from $0.60 to a peak of $1.20 at press time. Cardano CEO Responds as Peter Schiff Leads Bitcoiners’ Campaign Against Ripple’s Inclusion Trump’s inclusion of XRP in the Crypto Strategic Reserve follows a public appeal from Ripple CEO Brad Garlinghouse on February 28. Garlinghouse urged the administration to adopt a more holistic approach rather than solely endorsing Bitcoin for the U.S. Treasury. However, XRP’s inclusion has sparked backlash from Bitcoin enthusiasts and maximalists who argue that only BTC should be adopted, citing…

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Filed under: News - @ March 3, 2025 2:19 am