Crypto Crafters

[PRESS RELEASE – New York City, United States, January 14th, 2025]

Purple Bitcoin ($PBTC) is an emerging new token set to redefine the digital asset space. Built on the Solana blockchain, PBTC combines Bitcoin’s store-of-value principles with Solana’s cutting-edge blockchain advancements. Its deflationary design and community-focused approach provide a uniquely balanced offering within the cryptocurrency ecosystem.

Purple Bitcoin distinguishes itself from emerging cryptocurrencies by offering immutable, irrevocable deflationary features, including:

• Automated Token Burns: Reduces circulating supply with every transaction to enhance value.
• Burn Halving Mechanism: Inspired by the Bitcoin halving event, PBTC incorporates a burn halving mechanism to provide adaptability and maintain alignment with evolving market dynamics
• Capped Supply: A fixed maximum of 19,314,746 tokens ensures scarcity and underpins its value proposition.

Additionally, Purple Bitcoin moves beyond traditional Solana meme tokens, often criticized for lacking trust, to provide investors with a stable asset thoughtfully designed for sustainable growth.

A Transformative Era for Crypto Innovation

PBTC’s emergence coincides with heightened public interest in cryptocurrencies, as discussions around digital assets gain prominence, with influential figures like President Donald Trump and Elon Musk championing digital assets as a cornerstone of financial innovation. Amid the new administration’s broader push to normalize cryptocurrency transactions, PBTC positions itself as a forward-looking solution aimed at redefining digital finance for a new generation.

Built for the People, Run by the People

Purple Bitcoin leverages Solana’s high-speed, eco-friendly blockchain to offer fast, low-cost transactions while ensuring scalability and sustainability.

“Purple Bitcoin introduces an innovative approach to digital finance,” says a community leader from PBTC. “It’s built for us, by us, with a focus on sustainable growth, real utility and empowering owners through transparency.”

With no reliance on mining and a strong foundation of community-driven value, PBTC is designed for sustainable growth and long-term investor confidence.

Innovative Technologies and Marketing Strategies

PBTC transforms community engagement with Purple Soltoshi, an AI ambassador inspired by Bitcoin’s creator, Satoshi Nakamoto. Powered by the advanced A16z AI framework, Purple Soltoshi fosters education, shares insights, and promotes technology adoption on platforms like X (formerly Twitter).

Milestones and Growth Opportunities

As Purple Bitcoin progresses, its roadmap outlines key milestones that reflect its transformative vision:

• Deflationary Tokenomics: A capped supply of tokens governed by a robust smart contract.
• Verified Listings: Achieved verified status on CoinGecko, Bifinance, and AscendEX platforms.
• Community Wallet: Funded by member contributions to support marketing initiatives.
• Autonomous AI Agent: Advances community engagement through AI-powered insights.
• Deflationary Burn Mechanism: Reduces token supply and enhances value with every transaction.

According to the team, the Purple Bitcoin community is dedicated to achieving one new exchange listing per week while strategically forming KOL partnerships to sustain PBTC’s momentum and growth.

A Community of Participation

PBTC’s community-focused approach encourages individuals to contribute in meaningful ways, leveraging their unique skills. Whether through creating brand assets, enhancing social media engagement, or supporting marketing efforts, the Purple Bitcoin community exemplifies collaboration and shared purpose. The Official Purple Bitcoin Telegram channel reflects this collaborative spirit, showcasing the integrity and professionalism that define this project.

For more information on getting started with PBTC, users can refer to the How to Buy PBTC webpage for a step-by-step guide.

About Purple Bitcoin ($PBTC)

Purple Bitcoin is a decentralized token built on the Solana blockchain, blending Bitcoin’s time-tested value principles with advanced blockchain technology and community-driven governance. With a limited supply, deflationary tokenomics, and a strong focus on innovation, PBTC delivers sustainable growth and real-world utility for the modern investor.

For additional information about Purple Bitcoin, please visit PurpleBitcoin.com.

Coin Address (CA): HfMbPyDdZH6QMaDDUokjYCkHxzjoGBMpgaUvpLWGbF5p

[PRESS RELEASE – Los Angeles, US, January 13th, 2025]

Innovative Partnership Integrates Cryptocurrency with Entertainment to Redefine Fan Engagement in the K-Pop and Hip-Hop Worlds

BLVD Live TV, the producer of the docuseries “Love & KPOP,” has officially announced an eight-figure sponsorship campaign backed by Medodo Coin, signaling a bold step forward in blending cryptocurrency and entertainment. “Love & KPOP” captured global attention last November by live-streaming the Korean Grand Music Awards (KGMA) to an audience spanning over 200 countries. The awards show, executive produced by Han Dong Chul, showcased performances by 25 top K-pop stars and groups, including ATEEZ, Fifty Fifty, Treasure, NiziU, NCT Wish, Stayc, P1 Harmony, Bibi, RIIZE, Aespa, DAY6, Taemin, and the globally acclaimed NewJeans.

“‘Love & KPOP’ is more than a docuseries—it’s a celebration of cultural fusion and global creativity. By uniting the vibrant worlds of K-pop and hip-hop, we’re connecting audiences across the globe in new and exciting ways,” said Yong Jason Lee, Executive Producer.

As an emerging OTT platform spearheaded by BLVD United, BLVD Live TV is committed to bridging the worlds of K-pop and hip-hop, offering viewers an engaging and immersive entertainment experiencae. With thousands of viewers already on board, the platform continues to expand its reach with this new partnership. The collaboration with Medodo Coin, a fandom-based meme token, introduces a utility token that will provide fans access to exclusive offers, merchandise discounts, and behind-the-scenes content. Medodo Coin plans a fandom-focused airdrop set to benefit thousands of fans worldwide, with further details to be revealed in the coming weeks.

“Medodo Coin is thrilled to be part of this groundbreaking project, bridging fandom and innovation to create unforgettable experiences for fans worldwide.” said Aiden Yoon, Medodo Coin representative.

This partnership exemplifies the integration of cryptocurrency into mainstream entertainment, paving the way for innovative fan engagement opportunities in the growing K-pop and hip-hop crossover market. For exclusive interviews or additional information, media representatives are encouraged to contact Yong Jason Lee, BLVD United, directly at (949) 993-0020 or [email protected]. Visit www.blvdunited.io for more company information.

About BLVD Live TV

BLVD Live TV is an emerging OTT platform powered by BLVD United, focusing on content that celebrates the convergence of K-pop and hip-hop culture. Through original programming and strategic partnerships, the platform aims to redefine entertainment for a global audience.

About Medodo Coin

Medodo Coin is a fandom-based meme cryptocurrency designed to connect fans with their favorite artists and brands through unique offers and experiences. As a pioneering token in the entertainment industry, Medodo Coin empowers users with a fun and practical way to participate in fan-driven economies.

President-elect Donald Trump’s choice for Treasury Secretary, Scott Bessent, has disclosed ownership of spot Bitcoin Exchange-Traded Fund (ETF) holdings worth as much as $500,000.

If confirmed for the position, the investor who co-founded Key Square Group says he will resign from the company and divest his investments.

Bitcoin Exposure Through IBIT

A document released on Saturday by the U.S. Office of Government Ethics (OGE) revealed Bessent’s ownership of the stake in a BTC ETF. It showed that the prospective government official held between $250,000 and $500,000 worth of BlackRock’s iShares Bitcoin Trust ETF (IBIT) shares.

The document also highlighted other investments made by the 62-year-old, including interests in the SPDR S&P 500 Trust, Invesco’s QQQ Trust, and its S&P 500 Equal Weight ETF. It also listed a residential property in the Bahamas worth $5 million and an art collection priced at at least $1 million.

In total, Bessent revealed holdings estimated at about $521 million, although analysts believe his portfolio could be worth much more as he is only required to list the value of his assets within broad ranges.

U.S. laws require high-ranking government officers to disclose their investments as well as plans for divestments if any of their holdings may pose a conflict of interest. Bessent, who was nominated to the powerful Treasury docket by Trump on November 22, 2024, is a well-known crypto supporter, previously describing digital assets as “integral to economic freedom and innovation.”

He beat out a long list of contenders, including Cantor-Fitzgerald CEO and co-chair of the Trump transition team Howard Lutnick, ex-Federal Reserve Governor Kevin Warsh, Tennessee lawmaker William Hargety, and Apollo Global executive Marc Rowan. Lutnick was picked to lead the Commerce Department.

Trump has also appointed several other crypto supporters to key positions in his administration, including Robert F. Kennedy as Secretary for Health and Human Services, Elon Musk and Vivek Ramaswamy to co-lead a new department to streamline government efficiency, and David Sacks as his crypto and AI czar.

Will Bessent Liquidate BTC Position?

According to the OGE filing, Bessent will resign from his position as Chief Investment Officer at Key Square Group immediately following his confirmation by the Senate as Treasury Secretary and wind down his interest in the company within 90 days.

A Bloomberg report also indicates that, like the assets held through his macro hedge fund, Bessent will liquidate his crypto ETF position. However, Matthew Sigel, head of digital research at VanEck, has questioned Bloomberg’s reporting, pointing out that while Bessent footnoted his divestment of other assets, he did not do the same for his IBIT holdings, suggesting he might be keeping it. This view was reinforced by Swan Bitcoin’s Steven Lubka, who asserted in a January 12 post on X that the Treasury Secretary nominee will not be disposing of his Bitcoin position but will continue to hold it.

TL:DR;

• XRP’s price went on an unexpected run on Saturday night, surging to a multi-week peak of $2.6 before correcting slightly.
• However, some on-chain metrics suggest that the asset could face trouble in the following days, especially if it fails to close above $2.47.

As reported on Saturday evening, XRP’s rally drove the asset from $2.33 to $2.5 and later to $2.6, which represented an 11.5% surge within less than 24 hours. Although the asset has lost some steam since then and currently sits at $2.51, it’s still over 6% up on the day.

This came shortly after reports emerged that whales had amassed more than a billion XRP tokens within a mere 48-hour period during the most recent correction in the middle of the business week.

However, this is where the popular crypto analyst Ali Martinez sounded the alarm about a potential drawback for XRP’s price.

At first, he pointed out that the TD Sequential, a technical indicator used to show the market exhaustion in either direction, had flashed a sell signal on the 4-hour chart. Nevertheless, this bearish formation will be invalidated if the asset closes above that line, which it still maintains.

The TD Sequential presents a sell signal on the $XRP 4-hour chart, anticipating a brief correction. The bearish formation will be invalidated if #XRP closes above $2.47! pic.twitter.com/CrW303RTaT

— Ali (@ali_charts) January 11, 2025

Additionally, Martinez highlighted a growing number of short positions opened when XRP peaked at $2.6. Recall that Ripple’s cross-border token was among the few with notable gains on Saturday evening while the rest of the market stood silently.

Many traders might have anticipated a short-term correction due to XRP’s divergence from the pack, which indeed occurred to the current levels. The question now remains whether the cryptocurrency will remain above the aforementioned support or that was just the start of a broader correction.

A lot of $XRP shorts were opened at $2.60, creating a substantial liquidation zone that market makers may try to grab. pic.twitter.com/cPIPwSjLEI

— Ali (@ali_charts) January 12, 2025

[PRESS RELEASE – Zug, Switzerland, January 11th, 2025]

Viewers will discover how blockchain technology empowers indie developers to innovate and overcome industry challenges

“Blockchain Gaming – Indie Games On-chain“, a Web3 documentary on indie gaming and the Polkadot ecosystem, officially debuts Saturday, January 11th at 9AM ET. The film offers an in-depth look at the intersection of indie game development and blockchain technology. Directed by award-winning photographer, Pnin the film serves as an accessible exploration of the fast-growing Web3 gaming industry.

The documentary provides an introduction to the possibilities of Web3 gaming, delving into the innovation and opportunities it presents for both players and developers. “Blockchain Gaming…” takes a warts-and-all, candid approach to exploring the challenges, skepticism, and negative sentiment surrounding blockchain from traditional gamers, and ultimately shows why blockchain is a natural, productive, and future-proof home for indie game development.

Featuring interviews with Polkadot-native game dev teams like Evrloot, Ajuna Network, Dot Play, and Team Step, the film also includes man-on-the-street interviews for a grassroots perspective and the perception of blockchain in traditional game development circles from non-crypto indie developer, Celrage.

By spotlighting the challenges indie developers face in traditional gaming and how blockchain addresses them, the documentary aims to onboard curious creators seeking transparent, objective information. With an emphasis on tech and transparency, it offers an opportunity for developers to learn about Polkadot’s ecosystem and its vibrant community.

“I have always preferred to let my work speak for itself,” said the film’s Director, Pnin, who self-funded the production over 2.5 months, shooting and editing 3.5 TB of raw footage across international locations. “This documentary is about passion, not just technology—showcasing the depth of the ecosystem and the dedication of its developers.”

By bridging traditional industry challenges with blockchain solutions, Blockchain Gaming provides a compelling case for Polkadot as a leader in Web3 gaming innovation.

To watch the documentary, users can visit the Kusamarian Youtube channel.

About Polkadot

Polkadot is the powerful, secure core of Web3, providing a shared foundation that unites some of the world’s most transformative apps and blockchains. Polkadot offers advanced modular architecture that allows devs to design and build their own specialized blockchain projects easily, pooled security that ensures the same high standard for secure block production across all connected chains and apps connected to it, and robust governance that ensures a transparent system where everyone has say in shaping the blockchain ecosystem for growth and sustainability. With Polkadot, users are not just participants, they’re co-creators with the power to shape its future.

[PRESS RELEASE – Grand Cayman, KY, January 10th, 2025]

Allora Network is excited to announce an upcoming integration with Story, bringing the power of Allora’s collective intelligence network to their ecosystem. This collaboration empowers developers and IP holders by providing access to Allora’s diverse suite of AI solutions and inferences, enabling the development of AI-enhanced dApps and the infrastructure for AI agents within the platform.

Story is a purpose-built Layer 1 blockchain designed to tokenize intellectual property (IP) into programmable digital assets, allowing anyone to own, trade, and monetize IP permissionlessly. IP is the store of value for ideas. By creating a market for exchanging intangible assets — all of human knowledge and creativity — Story is creating a new intelligence economy. In this new economy, IP will fuel AI training, DeFi use cases and much more.

Allora will integrate its network of advanced aggregated AI models with Story, allowing for the development and deployment of dApps that leverage AI-driven features such as:

• Intelligent IP Management: Allora’s AI models can analyze market trends and user engagement to provide insights into the valuation and potential of creative works. This enables creators to make informed decisions about licensing, collaboration, and distribution.
• Price Feeds for Long-tail Assets: The Allora Network provides the opportunity to retrieve real-time price feeds for long-tail assets, illiquid assets, and inefficient markets such as small-cap tokens, NFTs, RWAs, carbon credits, and real estate markets. Artificial intelligence on the Allora Network can employ sophisticated techniques, such as upsampling, to create highly accurate real-time price feeds for this historically challenging class of assets.
• Enhanced User Engagement: Developers can build applications that offer personalized experiences to users by harnessing AI-driven analytics. This includes tailored content recommendations and interactive features that deepen user involvement in the storytelling process.
• Sophisticated AI-Powered Yield Strategies: Allora enables developers to design intelligent yield strategies by leveraging accurate forecasts for price, volatility, potential liquidity, and interest rates. These capabilities empower applications in areas like automated, leveraged farming, dynamic trading strategies, and adaptive fee structures.
• Real-Time, AI-Driven Risk Management: Protocols on Story can utilize Allora’s aggregated risk models to enhance risk management in real time. Features such as dynamic loan-to-value ratios, adaptive liquidation thresholds, unified liquidity, and automated downside hedging become accessible, improving both security and user experience.

This integration is a big step forward in merging AI technology with decentralized IP. By combining Allora’s collective intelligence with Story’s technology, anyone can build a network around their IP, powering a new mode of internet-native IP monetization.

About the Allora Network

Allora is a self-improving decentralized AI network.

Allora enables applications to leverage smarter, more secure AI through a self-improving network of ML models. By combining innovations in crowdsourced intelligence, reinforcement learning, and regret minimization, Allora unlocks a vast new design space of applications at the intersection of crypto and AI.

To learn more about Allora Network, users can visit the Allora website, X, Blog, Discord, Telegram, and developer docs.

About Story

Story is a purpose-built Layer 1 blockchain designed to tokenize intellectual property into programmable digital assets. By empowering IP holders to tokenize, protect, share, and monetize their ideas, Story creates a secure foundation for AI-driven innovation and decentralized collaboration. As the engine behind IP’s evolution into a critical asset class, Story bridges the gap between blockchain technology and the intelligence economy. Users can learn more at

To learn more about Story, users can visit their website, X, and developer docs.

Bankrupt cryptocurrency exchange FTX has responded to recent claims by Backpack regarding the acquisition of its European arm, FTX EU, and the repayment of customer funds.

In a statement released on January 8, the failed crypto firm clarified that the U.S. Bankruptcy Court has not approved the sale of FTX EU to Backpack, nor has it been authorized to manage fund distributions to creditors.

Misleading Statement

On January 7, global crypto-trading platform Backpack announced through social media that it had acquired FTX EU and would handle creditor repayments for European customers as part of a court-approved bankruptcy process. Further, founder Armani Ferrante emphasized that the firm was committed to working with all relevant parties to prioritize the return of customer funds in the bloc.

With a presence in over 150 countries, the exchange also claimed that the acquisition had received approval from the Cyprus Securities and Exchange Commission (CySEC) with plans to expand through crypto derivative services such as spot, margin, and futures trading across the EU.

However, FTX denied these claims, stating that Backpack’s press release and related website contained multiple potentially misleading information. It clarified that its subsidiary, FTX Europe AG, still holds 100% of the share capital of FTX EU.

The company also said that although a prior agreement was made under court supervision to transfer FTX EU shares to former insiders of FTX Europe, this transfer has not yet occurred. It claimed that the indirect transfer of the former to Backpack, arranged by these insiders, was done without its knowledge or the court’s approval.

Backpack Has No Role in Fund Redistribution

Further, the statement stressed that Backpack has no authorization to make distributions to any creditors or customers, including former European clients. The defunct exchange reiterated that FTX EU itself remains solely responsible for returning funds to its customers.

“FTX will not be responsible for the repayment of any funds owed by FTX EU to its former customers and expressly disclaims any responsibility for such repayment by FTX EU,” read the disclosure.

It also explained that the amounts owed by its subsidiary to its customers have also not been determined by the relevant entities.

In a related update, the outfit confirmed the effectiveness of its Chapter 11 plan of reorganization on January 3, 2025, with an initial distribution record date set for the same day. Pending regulatory compliance, distributions to convenience class claimants are expected within 60 days.

Elsewhere, on January 2, another troubled crypto firm, Celsius, filed an appeal challenging a previous ruling that had dismissed its $444 million claim against FTX. The defunct crypto lender had claimed that FTX officials had undermined its reputation, making “unsubstantiated and disparaging statements” that contributed to its downfall in 2022, asking for up to $2 billion in damages.

Ethereum’s price has experienced a sharp decline following increased selling activity, reaching the decisive 100-day moving average at $3.1K.

This level represents a crucial support zone and a potential inflection point for the cryptocurrency’s next move.

Technical Analysis

By Shayan

The Daily Chart

Ethereum’s bearish momentum has driven its price to the 100-day moving average at $3.1K, a significant and psychological support region. This level is anticipated to provide notable demand as it coincides with key technical indicators. However, the selling pressure has underscored the dominance of bearish sentiment, leaving the market in a precarious position.

If Ethereum manages to hold above this support, it could prompt a bullish rebound, easing concerns of further declines. Conversely, a break below the $3.1K support and subsequent breach of the 200-day MA would likely trigger a cascading sell-off, with the price potentially targeting the $2.5K level as the next significant support zone.

The 4-Hour Chart

On the 4-hour timeframe, ETH’s price action reveals the consequences of breaking down from an ascending wedge pattern, a bearish technical structure that often precedes declines. This breakdown has led to a quick sell-off, with the asset now hovering near a support range defined by the 0.5-0.618 Fibonacci retracement levels.

This support range is expected to temporarily stabilize the price, potentially initiating a short-term bullish rebound. However, the market remains on edge, as continued bearish pressure could lead to a breakdown below this support region. In such a scenario, the bearish retracement is likely to extend, further solidifying sellers’ control in the near term.

Onchain Analysis

By Shayan

Ethereum’s overall bullish trend is at risk as Funding Rates, a key indicator of derivatives market demand, show mixed signals. While rates spiked midway through the rally, their sharp decline after rejection at the $4K resistance highlights waning trader commitment.

Initially delayed, the Funding Rates’ rise indicated cautious optimism. However, their subsequent notable drop signals reduced demand, weakening ETH’s bullish momentum. Without renewed trader confidence, sustaining the rally becomes challenging. The $3K support level is vital, and holding it above it could stabilize the market and reignite bullish momentum. A breach, however, may lead to intensified selling and a deeper correction.

Overall, Ethereum’s outlook depends on reclaiming higher Funding Rates and defending $3K. These factors determine whether the market resumes its uptrend or faces further corrections.

[PRESS RELEASE – Panama, Panama, January 10th, 2025]

Despite the billions invested in Web3 gaming as a key catalyst for mass adoption, the industry faces significant challenges from complicated onboarding to unsustainable growth. While Telegram Miniapps have gained traction as a promising solution, their shallow gameplay and lack of on-chain integration are major barriers for them to sustain. This is where SEED will stand out, combining engaging gameplay with true on-chain integration.

SEED has secured a strategic investment from Sui Foundation, the organization dedicated to promoting the growth of the Sui blockchain, to unlock its transformative potential in Web3 gaming. This collaboration is focused on building a next-generation on-chain gaming ecosystem that combines sustainability, scalability, and innovation. United by a shared vision, SEED and Sui seek to pioneer the first sustainable Web3 gaming ecosystem on Sui with 100 million users and establish a ‘blueprint’ for the future of Web3 games.

With over 60 million users, SEED App isn’t just looking for scalability and low fees. With the support of Sui Foundation, SEED will gain an opportunity to co-build and shape the future of mass-user gaming, a key area for blockchain growth. On Sui, SEED becomes an important part of the Sui ecosystem, working closely with a supportive team to research, innovate, and grow together.

Strategic Investment and Ecosystem Growth

From a Telegram Miniapp, SEED is transforming into a mass messenger-based on-chain gaming ecosystem centered around a groundbreaking game inspired by the global appeal of Pokémon Go. Enhanced with VR, AI, and true on-chain logic, the next version of SEED will offer immersive gameplay fully connected to the blockchain, surpassing the shallow mechanics of current Miniapps.

Beyond its flagship game, SEED’s vision extends further. The two companies will support a durable ecosystem of games and applications through the SEED Combinator Program for startups, creating a self-sustaining Web3 ecosystem. Furthermore, this collaboration includes a commitment to jointly research fully on-chain games, develop advanced tools and infrastructure for builders, and host initiative programs to support developers within the ecosystem.

“Our partnership with SEED reflects a shared vision of leveraging blockchain technology to improve the gaming experience,” said Christian Thompson, Managing Director of Sui Foundation. “By leveraging Sui’s innovative infrastructure and unmatched scalability, we are excited to co-create a self-sustaining Web3 movement that empowers developers and engages millions of users worldwide.”

“At SEED, we believe in partnering with ecosystems that drive real impact. Choosing Sui as our technical backbone, with its unmatched scalability, efficiency, and developer-friendly architecture, enables us to empower builders and accelerate innovation. With Sui, we’re equipped to deliver on our mission at a whole new level.” – Dees, CEO of SEED.

About SEED

From the leading Play-to-Earn Telegram Miniapp with over 60 million players, SEED is evolving into the top RPG in Web3 gaming, inspired by the success of games like Pokémon Go and Axie Infinity. Leveraging the power of VR, AI, and seamless messenger-based onboarding, SEED not only ensures mass accessibility but also creates an engaging and interconnected gaming universe.

Website | Twitter | Telegram Channel

Media contact:

Alex Zhang

[email protected]

About Sui

Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed from the ground up to make digital asset ownership fast, private, secure, and accessible to everyone. Its object-centric model, based on the Move programming language, enables parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage, Sui supports a wide range of applications at unrivaled speed and low cost. Sui is a step-function advancement in blockchain and a platform on which creators and developers can build user-friendly experiences. For more information about Sui, users can visit

Media contact:

[email protected]

Ripple’s leadership, including CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty, kicked off the new year with a dinner meeting with Donald Trump at his Mar-a-Lago estate.

The event could signal a significant start to 2025 for Ripple amid ongoing shifts in the cryptocurrency market.

Ripple’s Promising Start to 2025

Garlinghouse shared the news in a January 7 post on X, describing the evening as a “strong” start to the new year.

“Great dinner last night with Donald Trump and Stuart Alderoty,” the CEO said, sharing a picture of himself, his chief attorney, and the President-elect. In a separate post, Alderoty added some light-hearted commentary, claiming, “The beef bourguignon was really good.”

The meeting follows recent reports of Ripple achieving a final victory against the U.S. Securities and Exchange Commission (SEC) in their high-profile legal battle dating back to 2020.

Pro XRP attorney John E. Deaton has described the financial watchdog’s lawsuit as overreaching and harmful to the crypto firm’s operations. It has seen several developments and partial wins for the company, with Alderoty sharing a post on X hinting at finally beating the regulator, causing excitement within the crypto community about Ripple’s future.

The development also comes as Donald Trump prepares to assume office. Garlinghouse recently revealed a strategic hiring shift, with 75% of Ripple’s current open positions now based in the United States. This contrasts with the previous four years, during which regulatory pressures from the SEC, under Gary Gensler, forced the firm to expand primarily outside the U.S.

He attributed this post-election surge in crypto activity to the so-called “Trump bull market,” noting that the improved climate since his reelection has allowed Ripple to refocus on domestic growth.

Political Discussions and Growing Presence

The Mar-a-Lago dinner also aligns with broader discussions between political figures and cryptocurrency leaders. U.S. Senator Cynthia Lummis, a proponent of blockchain, has been in active discussions with Paul Atkins, who is set to become the SEC Chairman under President-elect Trump. Their talks center on reforming the agency’s regulatory framework to support digital asset innovation.

Meanwhile, Ripple’s market presence continues to strengthen. XRP has emerged as one of the top-performing cryptocurrencies in the past week, with several market watchers predicting significant price gains. Captain Faibik, a cryptocurrency analyst, recently projected a potential 50% price surge for the token, while others anticipate a new all-time high of $4.

The firm is also expanding its product offerings, with President Monica Long announcing that RLUSD will be listed on more exchanges. Ripple has also partnered with Chainlink to integrate secure and accurate RLUSD pricing into the decentralized finance (DeFi) ecosystem.

With its growing presence, changing regulatory environment, and positive market indicators, 2025 could yet shape up to be as strong a year for the company as its CEO suggested over beef bourguignon with Donald Trump.