The post Is Donald Trump Planning To Liquidate XRP To Buy Bitcoin? appeared on BitcoinEthereumNews.com.

Recent rumors suggest that US President Donald Trump has signed an executive order to liquidate the government’s XRP holding. This has sparked speculation about Trump’s potential plan to purchase more Bitcoin by liquidating the holdings. Notably, Bitcoin Magazine CEO David Bailey took to X to share insights on Trump’s latest executive order on XRP. Let’s unveil the potential implications of the move. Donald Trump’s XRP Liquidation: What Lies Ahead? According to Bitcoin Magazine CEO David Bailey’s recent X post, Donald Trump plans to liquidate XRP. Reportedly, President Trump has signed an executive order to consolidate and liquidate the US government’s XRP holdings. This development has sparked speculations about the government’s possible accumulation of more Bitcoins. There’s still no official word from the Trump administration regarding the EO on XRP. However, Bailey asserts that Trump’s XRP liquidation could potentially lead to the government’s more BTC accumulation. Trump’s Bitcoin Motives Remain Ambiguous Bailey’s post on Trump’s XRP liquidation comes in response to WhaleWire founder Jacob King’s thread that highlighted Trump’s unexpected BTC statement. MicroStrategy’s Michael Saylor, a prominent Bitcoin advocate, reportedly urged President Trump to endorse Bitcoin by saying “Never sell your Bitcoin.” However, according to the post, Trump didn’t quite deliver the message Saylor was hoping for. Instead, Trump reportedly responded with a more neutral statement, saying “Never sell your Bitcoin… that’s a little phrase they say… I don’t know if they’re right or not… who the hell knows.” While Trump calls himself the crypto president and endorses crypto-focused policies, his reported statement sparks confusion. Meanwhile, experts are split on Trump’s potential actions regarding Bitcoin. Farscater founder Dan Romero thinks the government will limit itself to profiting from confiscated Bitcoin assets, rather than purchasing new ones. He says that the Trump government may include XRP in the crypto reserves through in-kind…

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Filed under: News - @ March 8, 2025 8:27 pm