💶 The digital euro confirmed for October 2025
Welcome to the Daily Tribune of Thursday, March 20, 2025 ☕️
Happy New Year to Cointribu! 🚀
Today is Thursday, March 20, 2025, and like every day from Tuesday to Saturday, we summarize the news from the last 24 hours that you shouldn't miss!
But first…
✍️ Cartoon of the day:
A quick look at the market…
🌡️ Temperature:
Partially sunny 🌤️
24h crypto recap! ⏱
Crypto: The golden age of memecoins is over, their fall has begun
Cathie Wood, a famous fund manager, states that most memecoins are doomed to disappear, with the exception of $TRUMP, which could survive as a collector's item. The total market capitalization of memecoins has fallen from 124 billion to 54 billion dollars in a few months, while scandals related to projects like LIBRA further undermine their credibility. Read the full article
Ripple celebrates a decisive legal victory over the SEC
After four years of legal battle, the SEC has officially dropped its lawsuits against Ripple, admitting that XRP cannot be considered a financial security according to the Howey test. This victory paves the way for increased institutional adoption and could accelerate the approval of an XRP ETF. Read the article complete
The Russian central bank wants to reserve Bitcoin for the wealthy
The Russian central bank wants to restrict the use of Bitcoin to the wealthiest individuals, with an annual income exceeding 50 million rubles. The goal is to limit the use of cryptos by the general public while maintaining the possibility of export via BTC to circumvent international sanctions. Read the full article
The ECB confirms the launch of the digital euro for October 2025
Christine Lagarde has confirmed that the digital euro will be launched in October 2025, pending approval from European authorities. Although European citizens are not very enthusiastic, the ECB sees this digital currency as a way to reduce dependence on foreign payment systems like Google Pay and Apple Pay. Read the full article
Today's crypto: XRP (XRP)
XRP is the native cryptocurrency of the XRP Ledger (XRPL), a decentralized public blockchain launched in 2012 by Ripple Labs. The XRPL is designed to facilitate fast, secure, and low-cost transactions, with settlement times of 3 to 5 seconds and minimal transaction fees. It supports 1,500 transactions per second and is recognized for its energy efficiency.
The XRP token is primarily used to facilitate cross-border payments and value transfers on the RippleNet network. Financial institutions and payment service providers use XRP as a bridge currency to enhance liquidity and reduce transaction costs. XRP holders can also use the currency for payments, investments, or transactions on various exchange platforms. Initially, 100 billion XRP were created at the launch of the XRPL, with no possibility of additional creation, making it a fixed-supply digital asset.
Recent Performance
Current price: $2.48 (approximately €2.33)
24-hour change: +7.45 %
Market capitalization: $144.28 billion
Rank on CoinMarketCap: #3
The Fed maintains its rates: What impacts on the economy and cryptos?
The U.S. Federal Reserve (Fed) announced the maintenance of its key interest rates between 4.25% and 4.50%, a decision that surprised some financial analysts who were hoping for a easing. This strategic choice is part of an effort to contain inflation around the target of 2%, while avoiding a prolonged economic recession. However, this cautious approach raises concerns about the risks of stagflation and overall economic stability.
U.S. economy: between caution and the risk of stagnation
Despite concerning economic signals such as rising layoffs and slowing consumption, the Fed prefers to maintain its position for now. Growth forecasts have been revised downward, while the labor market continues to show signs of exhaustion. Some experts fear a stagflation scenario, where stagnant growth is accompanied by persistent inflation.
The Trump administration, which has recently intensified tariff hikes and budget cuts, is also exerting indirect pressure on the Fed. By keeping rates high, Jerome Powell and his team seek to stabilize the economy without yielding to presidential demands, which could further weaken the current economic dynamics.
Bitcoin and cryptocurrencies: a mixed reaction
The crypto market was awaiting the Fed's decisions, with particular attention to the impact of this announcement on Bitcoin and Ethereum. Initially, the effect was mixed:
Bitcoin, which had been in a bearish phase for several weeks, saw a significant rebound after the announcement and even exceeded $96,000.
Ethereum experienced a slight bounce of 6%, benefitting from hopes of a possible slowdown in rate hikes in the coming months.
According to Markus Thielen, CEO of 10x Research, this phase of uncertainty could nevertheless lead to a counter-trend bullish rally if prices remain in the oversold zone.
The Fed's decision leaves investors in anticipation. The maintenance of rates could have contrasting consequences on risky assets, particularly if the U.S. economy continues to deteriorate. Caution remains necessary, as any sudden change in monetary policy could trigger increased volatility in financial and crypto markets.
