Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13105
Markets: 101189
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
13105
Cryptocurrencies
60.37%
Bitcoin Share
CoinGape 2025-03-07 09:13:33

Pro-XRP Lawyer Reveals How Bitcoin Reserve Can Lose Value Against US Crypto Stockpile

Pro-XRP Lawyer Reveals How Bitcoin Reserve Can Lose Value Against US Crypto Stockpile

Pro-XRP lawyer Bill Morgan rattled the crypto market on Friday with his latest comments. Notably, the attorney called out reasons why the U.S. Bitcoin reserve could potentially lose value against the ‘crypto stockpile’ moving ahead. This conjecture primarily rides on the back of a scenario wherein altcoins outperform BTC. Pro-XRP Lawyer Rationalizes Why Bitcoin Reserve Could Depreciate Against Crypto Stockpile XRP lawyer Bill Morgan revealed in an X post on March 7 that the setback lies in a case that assets within the crypto stockpile outperform BTC. “The market won’t care about what asset is in the strategic reserve,” the attorney added, even if it is the flagship crypto. Historically, the market has sought value and will continue doing so, buying better assets and thus presenting risk to Bitcoin. Morgan further sparked market speculations by saying, ‘There will be an inherent risk of the Bitcoin strategic reserve losing value against the non-BTC market and US crypto stockpile,” given altcoins outperform. America’s BTC Reserve-Only Approach: A Boon Or Curse? The attorney highlighted that if the U.S. crypto stockpile is not increased by budget-neutral acquisition despite its assets outperforming BTC, other countries with a broader approach toward crypto reserves could leverage substantially. Given that this saga happens, the U.S. may constantly need to take action to protect its BTC-only reserve. In turn, the flagship coin could see further advantages in the American market. “A form of market protectionism,” the pro-XRP lawyer added, sparking market speculations. “Where would that leave a free crypto market with a level playing field?” Morgan concluded by questioning David Sacks, America’s Crypto Czar. US Strategic Reserve & Crypto Stockpile: Here’s All To Know Notably, U.S. President Donald Trump recently signed a Bitcoin Executive order to establish a BTC strategic reserve. America’s latest BTC reserve will contain roughly 200,000 coins that are already in the government’s possession. These coins have been seized over the years as a result of crackdown on criminal and illicit activities. Besides, David Sacks recently revealed that Scott Bessent and Howard Lutnick have been appointed to tap into more resources to acquire additional BTC for reserve purposes. This avenue is taken to achieve a feat that avoids taxpayer money. On the other hand, the crypto stockpile will encompass assets like XRP, ADA, ETH, and SOL. However, the key difference between the reserve and stockpile remains in upsizing them. While more ways to acquire BTC for the U.S. reserve are in the pipeline, the govt. will not actively look for ways to purchase more assets in the stockpile. In light of this feat, the XRP lawyer calls out a scenario wherein altcoins outperform BTC and threaten America’s Bitcoin reserve-only approach. On the other hand, the upcoming White House crypto summit today is expected to offer market participants further clarity on the matter. The post Pro-XRP Lawyer Reveals How Bitcoin Reserve Can Lose Value Against US Crypto Stockpile appeared first on CoinGape .

Most Read News



Cryptohopper
Market Cap
24h Vol
60.37%
Bitcoin Share
130
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.