Strange Things In The Crypto World Today
There's a lot of odd things going on in the crypto world right now that personally I hate seeing. A once built currency that aimed to replace the corrupt FIAT system is being fully integrated into it and it's already looking bad.
For example the SEC continues to file motions against XRP as it opens up an appeal once again against the token. This is a battle that has raged for nearly a decade now! But many think the token will be fine and that it will get a ETF approval pushing it to $10. I'm not so sure about that but then again XRP price is looking rather healthy today at over $3.
Outside of that we are getting new talk again about strategic reserves not only for the USA but also states are now floating the idea. The crazy thing is a lot of state like Florida have already been doing this.
Just overall things seem to be getting more and more incorporated into the FIAT world and personally I think it's causing bitcoin to lose it's original luster.