- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Trump Says U.S. Is Winning China in the Crypto Sector. Here’s Why This is Good for XRP
By: times tabloid|2025/05/15 20:45:04
0
Share
President Donald Trump has declared that the United States is outpacing China in the crypto sector, which suggests growing federal alignment with digital asset development. The president’s pro-crypto stance has benefited top assets like XRP, and this statement has excited many in the XRP army.Financial market reporter Walter Bloomberg shared Trump’s comment on X, where the president said, “We are winning China in the crypto sector.” Trump’s America-first approach to cryptocurrencies is another reason XRP holders are bullish. While China is home to many Bitcoin miners, XRP is the largest U.S.-based cryptocurrency, giving it an edge in a crypto market dominated by the U.S.Policy Actions Supporting Domestic GrowthThe comment comes amid a recalibration in U.S.-China trade dynamics. Earlier this year, both countries placed aggressive tariffs on foreign goods, initially as high as 145% on Chinese imports and 125% on American goods. However, these have been dropped to 30% and 10% respectively. With trade tensions easing, the competition appears to be shifting toward financial technologies.Trump is working to advance industries in the U.S., and the crypto industry is important to him. He launched his cryptocurrency in January, and his family members have shown support for cryptocurrencies and a blockchain-powered financial system.We are on twitter, follow us to connect with us :- @TimesTabloid1— TimesTabloid (@TimesTabloid1) July 15, 2023Reports also suggest that Trump is considering making U.S.-based cryptocurrencies like XRP tax-free, giving them an edge over other assets. With the U.S. set to dominate global finance under Trump, these U.S.-based digital assets could rise to the top of the market, outpacing others without financial incentives.China’s Restrictions Highlight U.S. OpportunityChina continues to enforce strict measures against crypto use, banning it for payments and investment while sustaining a mining ban initiated in 2021. Although underground mining persists and some restrictions have eased, official policy remains hostile to the sector. In contrast, the U.S. is developing a framework for legal use and market growth.The U.S. currently holds 198,012 BTC, slightly more than China’s 194,000 BTC, accumulated mainly through seizures. These holdings reflect an underlying strategic interest in crypto as part of national reserves.Additionally, Trump has reaffirmed his support for the market. According to Walter Bloomberg, Trump stated, “I’m a big crypto fan.” During his campaign, Trump promised to make the U.S. the crypto capital of the world. As the largest U.S.-based cryptocurrency, XRP is at the forefront of this movement to dominate the global digital asset market.Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.Follow us on X, Facebook, Telegram, and Google NewsThe post Trump Says U.S. Is Winning China in the Crypto Sector. Here’s Why This is Good for XRP appeared first on Times Tabloid.
You may also like
a16z: AI is making everyone 10x more productive, but the true winner has yet to emerge
Institutional AI and Retail AI "Better Integration" is an Inevitable Trend.
Why did the star Web3 project Across Protocol choose to abandon DAO?
The proposal for Across to privatize itself is a rare move, but it comes at a time when the industry is beginning to recognize that DAOs are a difficult organizational structure to operate.
In fact, ETH scaling is a major benefit for L2
ETH has finally admitted defeat—its Rollup-centric roadmap is unworkable, while the monolithic scaling solutions adopted by blockchains like Solana have proven to be correct.
Memories: 10 Key Contributions of the TON Core Team That Few People Knew in the Early Days
Every line of code, every tool we build, every sleepless night spent maintaining the network—these efforts have laid the foundation for TON's development today.
2025 South Korea CEX Listing Post-Mortem: Investing in New Coins = 70% Loss?
The 2025 South Korean exchange's new token listing performance is structurally similar to Binance's, with no significant differences.
BIP-360 Analysis: Bitcoin's First Step Towards Quantum Immunity, But Why Only the "First Step"?
This article explains how BIP-360 reshapes Bitcoin's quantum defense strategy, analyzes its enhancements, and discusses why it has not yet achieved full post-quantum security.
50 million USDT exchanged for 35,000 USD AAVE: How did the disaster happen? Who should we blame?
Due to a fatal flaw in the transaction path, a $50 million DeFi operation was executed with almost zero protection, resulting in nearly the entire amount of funds evaporating in a tiny liquidity pool.
The Cryptographic Past of the Middle East
Reality is often more exciting than fiction.
Resolving the Intergenerational Prisoner's Dilemma: The Inevitable Path of Nomadic Capital Bitcoin
When the baby boomer generation collectively sells off, who will become the "greater fool" in the next round of asset crashes?
Who Will Control AI? Why Decentralized AI May Be the Only Alternative to Government and Big Tech
AI has become critical infrastructure, and governments and corporations are competing to control it. Centralized development and regulation are entrenching existing power structures. The Web3 community is building a decentralized alternative — distributed compute, token incentives, and community governance — before that window closes.
Vitalik wrote a proposal teaching you how to secretly use AI large models
Vitalik believes that in the AI era, users should not have to give up their identity to use an AI tool.
On the eve of the explosion of on-chain options
Options are becoming a new anchor in the cryptocurrency market.
WEEX AI Hackathon: How Did This AI Trading Winner Succeed?
A self-taught AI trading enthusiast achieved top-10 results at the WEEX AI Hackathon. Learn about the mindset, AI tools, and lessons behind this impressive performance.
One Balance to Rule Them All: Gravitas' On-Chain Prime Broker Ambition
Forty years ago, a technological revolution broke the isolation of information, reshaping Wall Street. Forty years later, Grvt aims to break the isolation of capital with an on-chain prime brokerage model.
That person who cashed out at the NFT peak is now selling a new shovel in the OpenClaw craze
A skilled person never picks the table, they eat meat with every bite.
Inter-generational Prisoner's Dilemma Resolution: The Nomadic Capital and Bitcoin's Inevitable Path
When the Baby Boomer generation collectively sells off, who will be the "bag holder" in the next asset crash?
Upstream and downstream are starting to fight, all for the sake of everyone being able to "Lobster"
「Lobster」 may not be a mature product yet, but it has already ushered in a new era of 「AI Assistants」.
Circle and Mastercard Announce Partnership, the Next Stage for the Crypto Industry Belongs to Payments
Stablecoins are transitioning from a speculative tool to real financial scenarios such as payments, cross-border transfers, and store of value.
a16z: AI is making everyone 10x more productive, but the true winner has yet to emerge
Institutional AI and Retail AI "Better Integration" is an Inevitable Trend.
Why did the star Web3 project Across Protocol choose to abandon DAO?
The proposal for Across to privatize itself is a rare move, but it comes at a time when the industry is beginning to recognize that DAOs are a difficult organizational structure to operate.
In fact, ETH scaling is a major benefit for L2
ETH has finally admitted defeat—its Rollup-centric roadmap is unworkable, while the monolithic scaling solutions adopted by blockchains like Solana have proven to be correct.
Memories: 10 Key Contributions of the TON Core Team That Few People Knew in the Early Days
Every line of code, every tool we build, every sleepless night spent maintaining the network—these efforts have laid the foundation for TON's development today.
2025 South Korea CEX Listing Post-Mortem: Investing in New Coins = 70% Loss?
The 2025 South Korean exchange's new token listing performance is structurally similar to Binance's, with no significant differences.
BIP-360 Analysis: Bitcoin's First Step Towards Quantum Immunity, But Why Only the "First Step"?
This article explains how BIP-360 reshapes Bitcoin's quantum defense strategy, analyzes its enhancements, and discusses why it has not yet achieved full post-quantum security.
App