Bank

Bitcoin

Reserve

<a href="https://coinpedia.org/price-analysis/bitcoin-breakout-incoming-here-are-the-next-targets-for-the-btc-price-rally/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin is climbing towards new all-time highs</a>, with a major breakout on the horizon. A key driver of this upward momentum is a <a href="https://coinpedia.org/news/big-news-trump-signs-groundbreaking-crypto-executive-orders-details-inside/" target="_blank" rel="noopener noreferrer nofollow">recent executive order</a> signed by U.S. President [popover-profile type="person" name="donaldtrump"] which includes the creation of a <a href="https://coinpedia.org/news/trump-plans-america-first-crypto-reserve-prioritizing-u-s-based-coins-like-solana-and-xrp/" target="_blank" rel="noopener noreferrer nofollow">U.S. government Bitcoin Reserve</a>. This move has raised excitement in the crypto world, particularly for Bitcoin enthusiasts.
However, amidst the Bitcoin Reserve news, XRP is facing a lot of heat on social media. <a href="https://x.com/BitcoinPierre/status/1882937883495207314" target="_blank" rel="noopener noreferrer nofollow">Pierre Rochard, VP of Research at Riot Platforms,</a> has claimed that the biggest challenge to the Strategic Bitcoin Reserve (SBR) isn't the Fed, Treasury, or banks—it's Ripple. Rochard argues that Ripple is spending millions of dollars lobbying politicians to block the SBR, fearing it could hurt their marketing narrative and push their own agenda for Central Bank Digital Currencies (CBDCs). [post_titles_links postid="410164"] 
<h2 class="wp-block-heading" id="h-ripple-bitcoin-clash-heats-up">Ripple-Bitcoin Clash Heats Up</h2>
Rochard even accused Ripple of trying to sabotage Bitcoin mining under the Biden administration and said Ripple has now "declared war" by attempting to block the Strategic Bitcoin Reserve. According to him, Ripple should have focused on its own business and not interfered with the SBR.
<blockquote class="wp-block-quote">
 Face the facts: Ripple / XRP has been the leading source of anti-bitcoin misinformation for more than a decade. They have aggressively lobbied policymakers around the world to try to ban bitcoin mining. Weaponizing woke ESG narratives to promote their centralized token,
</blockquote>
Rochard said.
<a href="https://x.com/BitcoinPierre/status/1882937883495207314/photo/1" rel="noopener noreferrer nofollow"></a>In response, Ripple CEO [popover-profile type="person" name="bgarlinghouse"] fired back, stating that their efforts are actually boosting the chances of a crypto strategic reserve, which could include Bitcoin. Garlinghouse stressed that Ripple’s actions align with the broader goals of the U.S. government to support American companies and technologies. [article_inside_subscriber_shortcode title="Never Miss a Beat in the Crypto World!" description="Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more." category_name="News" category_id="6"]

XRP vs. Bitcoin: Is Ripple Lobbying Against U.S. Strategic Bitcoin Reserve? CEO Reacts

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