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Strategy today announced that it has established a USD Reserve of $1.44 billion to support the payment of dividends on its preferred stock and interest on its outstanding indebtedness (“Dividends”).
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#SEC Chair Says Tokenization Could Transform U.S. Financial System Within “Couple of Years”. The U.S. financial system may transition to blockchain far sooner than many expect, according to SEC Chair Paul Atkins. Speaking to Fox Business, Atkins said the U.S. market structure is undergoing rapid change as blockchain and electronic trading continue to mature. He noted that these advances are reshaping how participants view settlement, risk, and transparency. Building on that point, Atkins suggested the move to blockchain could arrive within a few years rather than a decade. He emphasized that tokenization is emerging as a central feature of this shift, with digital representations of assets poised to enter mainstream finance. This growing interest in tokenized systems, Atkins explained, stems from their potential to streamline key market functions. He said, for instance, that blockchain-based settlement can improve clarity and reduce the risk of delays between trading, payment, and final settlement. As he described, these benefits could support both institutional and retail participants. By tightening settlement windows and providing clearer audit trails, on-chain systems can contribute to a more efficient and predictable market environment. #Crypto
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#XRP Price Could Reach $18.95 if $1T is Added to XRP Market Cap. Despite the ETF’s impressive performance, XRP has declined considerably on the back of a broader market pullback. This pullback has pushed Bitcoin (BTC) below the pivotal $100,000 support. Amid the downtrend, which picked up on Nov. 11, XRP has lost $14.63 billion from its market cap, which has since collapsed to $137.12 billion. Notably, a recovery effort from the broader market could help XRP’s prospects, possibly pushing its market cap to previous highs. For perspective, XRP’s all-time high market cap currently sits at $216.69 billion, which it attained on July 18, when the price reached a peak of $3.66. With the current valuation of $137.12 billion, XRP has lost $79.57 since that market cap high. Meanwhile, amid suggestions of a possible recovery, we recently assessed how much the XRP price could be if it not only recovered this lost valuation but added $1 trillion more. For context, Bitcoin is the only cryptocurrency that has ever crossed the $1 trillion market cap level. It first attained this level in February 2021, soaring to $1.3 trillion at the peak of the 2021 bull market. However, it lost the $1 trillion level as the bear market emerged, dropping to $297 billion in November 2022. Today, BTC has reclaimed the $1 trillion mark, with a current valuation of $1.92 trillion. If XRP adds $1 trillion to its current market cap, its new valuation would sit at $1.137 trillion, still much lower than Bitcoin’s market cap. With 60 billion tokens currently in circulation, a valuation of $1.137 trillion would place the XRP price at a new all-time high of $18.95, edging toward the $19 region. Interestingly, the $19 target has been a recurring theme within the XRP community. For instance, in August, market analyst Dr. Cat predicted that XRP could hit a price of $19 to $32 if the XRP/BTC ratio reclaims a range of 0.00007 to 0.00012 and Bitcoin itself claims a price of $270,000. #Crypto
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