Ripple has announced an ambitious plan to allocate $4 billion for acquisitions by 2025, targeting companies such as Hidden Road, GTreasury, Rail, and Palisade. This strategic move aims to expand Ripple's influence and capabilities in the financial technology sector.
Meanwhile, veteran trader Peter Brandt has forecasted a 60% probability that Bitcoin has reached its peak, with the next significant support level anticipated around $60,000. Despite this bearish outlook, Strategy Inc., under Michael Saylor's leadership, has filed to raise €350 million to increase its Bitcoin holdings, which currently stand at approximately 641,205 BTC, valued at about $69 billion. Bitcoin is trading at $103,758, while XRP's market cap is $136.52 billion.
Ripple Plans $4 Billion in Acquisitions by 2025; Bitcoin Faces Potential 60% Drop
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