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In August 2024, over 2,200 letters were sent to U.S. senators within 48 hours, urging support for Senator Cynthia Lummis's proposed Strategic Bitcoin Reserve bill. The campaign garnered bipartisan attention, with 1,333 letters directed to Democratic senators, 850 to Republicans, and 41 to Independents, highlighting widespread interest in Bitcoin's strategic value across political lines . (2,200 letters of support for ‘Bitcoin Strategic Reserve’ bill sent to US senators — TradingView News, Bitcoin Strategic Reserve Bill Receives Huge Support; 2200 Letters Sent To Senators To Support The Bill) Introduced on July 31, the bill aims to establish a national reserve of Bitcoin, directing the U.S. government to acquire approximately 1 million BTC—about 5% of the total supply. The proposal suggests using existing U.S. Treasury funds to purchase Bitcoin, positioning the U.S. as a leader in cryptocurrency adoption and secure management . (2,200 letters of support for ‘Bitcoin Strategic Reserve’ bill sent to US senators) Senator Lummis, a prominent advocate for cryptocurrencies, emphasized that this initiative could serve as a pivotal moment for the country, akin to the Louisiana Purchase, to protect future generations from economic uncertainty . (Support For Bitcoin Strategic Reserve Soars: 2,200 Letters Flood Senate – Crypto and Bitcoin News) The swift response to the bill reflects a growing recognition of Bitcoin's potential role in national financial strategies. (Support For Bitcoin Strategic Reserve Soars: 2,200 Letters Flood Senate – Crypto and Bitcoin News) #ArizonaBTCReserve $BTC

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As of April 2025, the first spot XRP exchange-traded fund (ETF) has launched in Brazil, marking a significant milestone for cryptocurrency investment vehicles. The Hashdex Nasdaq XRP Fund began trading on Brazil's B3 stock exchange, allowing investors to gain exposure to XRP through a regulated platform. This development could influence global regulatory perspectives on crypto investment products. (Spot XRP ETF Debuts in Brazil ..., XRP Price Jumps. There's Big ETF News for the Crypto.) In the United States, asset manager Bitwise has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) to launch a spot XRP ETF. The filing asserts that XRP is not a security, opposing previous SEC claims. However, the SEC has filed an appeal regarding a federal court's ruling on Ripple's XRP token, which could impact the approval of such ETFs . (Bitwise Files for First XRP Exchange-Traded Fund, The SEC is appealing a federal court's ruling on Ripple) Currently, XRP is trading at $2.33, reflecting a 6.88% increase in the past 24 hours. The recent price surge is attributed to optimism surrounding the potential approval of XRP ETFs and growing institutional interest. (XRP Price Jumps. There's Big ETF News for the Crypto.) Stock market information for XRP (XRP) XRP is a crypto in the CRYPTO market. The price is 2.33 USD currently with a change of 0.15 USD (0.07%) from the previous close. The intraday high is 2.35 USD and the intraday low is 2.18 USD. #XRPETFs

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Former President Donald Trump has proposed eliminating capital gains taxes on cryptocurrencies issued by U.S.-based companies. This policy would make profits from U.S.-made digital assets like Bitcoin and XRP tax-free, aiming to attract investment and innovation to the U.S. crypto sector . (Trump’s Plan For No Crypto Tax: And Other Promises He's Made | CryptoManiaks, How Trump’s Zero Crypto Tax Proposal Could Impact the Industry) The proposal targets only U.S.-issued tokens, excluding foreign-made ones such as Ethereum, to encourage domestic development. Non-U.S. crypto projects would face a 30% capital gains tax, potentially prompting them to relocate to the U.S. . (Trump Proposes Crypto Tax Cuts, Targets U.S.-Made Tokens for Tax Exemption - Brave New Coin, How Trump’s Zero Crypto Tax Proposal Could Impact the Industry) This move aligns with Trump's broader economic strategy, which includes replacing federal income tax with tariffs and exploring Bitcoin reserves to address national debt . (Former President Trump Suggests Replacing Federal Income Tax with Tariffs and Using Bitcoin to Address National Debt | Binance News on Binance Square) While the proposal could stimulate the U.S. crypto market, it may also raise concerns about fairness and international collaboration in the global crypto space. (How Trump’s Zero Crypto Tax Proposal Could Impact the Industry) #TrumpTaxCuts

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