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⌐◪-◪ → An XRP reserve before Bitcoin? Say it ain’t so.

Rumors suggest Trump might support an “America-first” strategic crypto reserve focused on US-founded cryptocurrencies like Solana, USDC, and Ripple. This comes after he met with the founders of these projects.

Frankly, I’d be pissed if we end up with an XRP or SOL reserve before a Bitcoin reserve.

While I understand and agree with the importance of prioritizing US dominance in crypto, I don’t think a reserve of SOL or XRP achieves that. Call it bag bias (I don’t hold either), but there are far more effective ways to deploy capital to advance the US cryptocurrency agenda.

When it comes to reserves, I’m only comfortable with Bitcoin right now. BTC is the most decentralized, secure, and proven asset. Anything else feels premature.

We have to walk before we can run.

⌐◪-◪ → Oklahoma hops on the Bitcoin bandwagon!

Oklahoma just became the latest state to explore creating a strategic Bitcoin reserve.

Republican state representative Cody Maynard introduced the legislation, which, if approved, would allow state savings accounts and pension funds to invest in digital assets like Bitcoin as early as November.

For context, 8 of 50 states (16%) are now pursuing Bitcoin reserves. The other 7 are Florida, Alabama, New Hampshire, Pennsylvania, Ohio, North Dakota, and Texas.

The Bitcoin prophecy is coming to life. First corps, then banks, then states, then nations.

Join Specs.Chat to see what state we think is next!

⌐◪-◪ → Is the Pump.fun party over?

Burwick Law is preparing a class-action lawsuit against Pump.fun, the leading memecoin launchpad, citing allegations of investor harm.

This is the same New York-based law firm that previously filed against the creators of Hawk Tuah, another controversial memecoin. Now, they’re asking individuals who lost money trading on Pump.fun to come forward.

Personally, I find it ridiculous that anyone trading memecoins blames the platform for their losses and demands damages. Memecoins are gambling. If you’re buying them, you should be prepared to lose 100% of your money.

It’s sad to see people lose it all, but let’s be real—this is how lessons are learned. If it wasn’t Pump.fun, they’d probably lose their money in some other high-risk scheme.

Maybe this take is harsh, or maybe I overestimate people’s intelligence. But the reality is, when you play with fire, you get burned. Sometimes pain is the best teacher.

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