White House Snubs XRP, SHIB Stakes Soar, Ripple Hires DeFi Boss 🤑

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White House Snubs XRP in Latest Crypto Report 📜

Oh, what a to-do! The White House has just released a 166-page digital asset policy report, and guess who didn’t make the cut? That’s right, XRP, the darling of the crypto world, was given the cold shoulder. 🙈

  • No Love for XRP. Despite being the third-largest cryptocurrency by market cap, our dear XRP wasn’t even mentioned once. How rude!

The Ripple-linked XRP token, with its impressive market cap of $186 billion, has been completely ignored in this latest White House report. Imagine the nerve! 🤦‍♂️

  • What’s in the Report? The document covers everything from crypto trading rules to tokenization and stablecoin regulation, but not a peep about XRP. Some of the lucky ones mentioned include Bitcoin, Ethereum, Solana, Chainlink, and Uniswap. Bitcoin, the queen of cryptocurrencies, gets a whopping 129 mentions, while the elusive Satoshi Nakamoto is honored with 36. Proof of work, the consensus algorithm behind Bitcoin, gets a modest 12. But poor XRP? Nada, zilch, zero! 😢

SHIB Enthusiasts Stake Over 4.6 Trillion Tokens 🐶

In a surprising turn of events, SHIB holders are showing their love by staking over $58.7 million worth of tokens. It’s like a digital treasure hunt, but instead of finding gold, they’re locking it away! 🗝️

  • Huge SHIB Staking Surge. Since 2021, over 4.6 trillion SHIB tokens have been staked, according to data from Shibburn. That’s more than the population of the Earth! 🌏

Shiba Inu has been making waves in the DeFi space, and investor interest is soaring higher than a kite. 🪁 The amount of SHIB staked has surged to over 4.6 trillion, a clear sign of confidence in the long-term potential of this beloved meme coin.

  • What It Means. SHIB holders are locking up their tokens on DeFi platforms, a bold move that signals their commitment to supporting network operations and their belief in SHIB’s future price trajectory. It’s like putting your faith in a digital unicorn! 🦄

The data shows that an astounding 4,646,715,230,750 SHIB tokens, worth over $58.7 million, have been locked in SHIB staking contracts. This surge in ecosystem participation is a testament to the growing enthusiasm among SHIB enthusiasts and existing holders. 🎉

Ripple Makes a Strategic Move with New DeFi Hire 💼

Ripple is shaking things up in the institutional DeFi space with the addition of a new Vice President of Partnerships. It’s like adding a dash of glamour to a tech conference! 🌟

  • New Role at RippleX. Ripple is hiring a Vice President of Partnerships to lead institutional DeFi expansion on the XRP Ledger. This move is designed to propel the adoption of the XRP Ledger and secure Ripple’s position in the institutional DeFi landscape.

The new VP will be tasked with negotiating deals with asset managers, tokenization platforms, stablecoin providers, and other key players. These partnerships are expected to have a significant impact on the ecosystem, driving growth in asset volume and market cap. 📈

  • Strategic Focus. The new hire will also be on the lookout for new growth opportunities in the DeFi and institutional adoption spaces. It’s a bold move that could change the game for Ripple and the XRP Ledger. 🚀

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2025-08-01 20:52