2024

Bitcoin

Coin

<ul class="wp-block-list news-points">
 <li>Riot Platforms’ Pierre Rochard criticized Chris Larsen’s decision to support Kamala Harris.</li>
 <li>Rochard said Ripple and Ripple co-founder Larsen are “anti-freedom and want to ban Bitcoin.”</li>
 <li>XRP/BTC is down 50% this year as the altcoin is up only 5% in 1 year while BTC is up 110%.</li>
</ul>
Ripple has announced its support for Kamala Harris in the 2024 presidential race, as the fintech firm faces challenges with the performance of its XRP cryptocurrency against Bitcoin (BTC).&nbsp;
XRP, created by Ripple, has seen a decline in value, trailing behind Bitcoin, the leading cryptocurrency. Ripple co-founder Chris Larsen has also been linked to efforts promoting central bank digital currencies (CBDCs), sparking debates within the crypto market.
Pierre Rochard, vice president of research at Riot Platforms, criticized Ripple and Larsen for their advocacy of CBDCs, claiming they are “anti-freedom” <a href="https://www.forbes.com/sites/digital-assets/2024/05/20/ripples-anti-bitcoin-campaign-to-promote-cbdcs/" target="_blank" rel="noopener noreferrer nofollow">aiming to undermine Bitcoin</a>. Rochard also highlighted XRP’s struggles, pointing out that the cryptocurrency has underperformed Bitcoin over the past year, with XRP/BTC down 50%.
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 Chris Larsen, Ripple, XRP, they are pushing for CBDCs. They are anti-freedom and want to ban Bitcoin…
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The post <a href="https://coinedition.com/ripple-endorses-kamala-harris-as-xrp-loses-50-to-bitcoin/" rel="noopener noreferrer nofollow">Ripple Endorses Kamala Harris as XRP Loses 50% to Bitcoin</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Ripple Endorses Kamala Harris as XRP Loses 50% to Bitcoin

Coin Edition

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