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Another Trump Case? Cryptocurrency-Hostile Leader Resigns in Economic Powerhouse, New Crypto-Friendly Leader May Arrive

Canadian Prime Minister Justin Trudeau’s announcement today that he will resign from his party leadership and prime ministry has opened the door to a government that is potentially less resistant to cryptocurrencies. While the country`s provincial regulators have primary authority over digital assets, the change in federal leadership could impact Canada`s broader stance on cryptocurrency. Trudeau, who has led the Liberal Party since 2013 and served as prime minister since 2015, cited “internal struggles” as a key factor in his decision to step down. “I can`t be the one to carry the Liberal standard into the next election,” Trudeau told a news conference. His resignation comes as the party begins the process of choosing a new leader ahead of Canada`s October general election. Trudeau has faced criticism from the crypto community over government actions during the 2022 Freedom Rides protests. Authorities froze cryptocurrency accounts associated with the protests, sparking outrage both domestically and internationally. The incident has also fueled opposition to central bank digital currencies (CBDCs) among U.S. lawmakers, who have held it up as a cautionary tale about government overreach in financial transactions. Related News: Good News from the FED to the Cryptocurrency Market - Bitcoin Enemies are Diminishing One by One The Conservative Party, led by Pierre Poilievre, is currently leading in the polls and is positioned as a strong contender to become Canada’s next prime minister. Poilievre has been a strong supporter of digital assets in the past, advocating cryptocurrencies as a tool for financial freedom. However, his recent silence on the issue has created some uncertainty about his future policies. Poilievre has also gained traction among supporters of US President-elect Donald Trump, increasing his cross-border appeal. It remains to be seen how his government would influence Canada’s crypto policies if he becomes prime minister. Despite the change in federal leadership, Canada’s digital asset regulation will continue to be shaped primarily by the Canadian Securities Administrators (CSA), a coalition of provincial officials and provincial regulators. Unlike the U.S., Canada does not have a central securities regulator like the SEC, meaning crypto-related decisions largely fall to the states. One likely candidate to replace Trudeau is Mark Carney, a former governor of both the Bank of Canada and the Bank of England. While Carney has not officially announced his candidacy, his potential leadership could bring a more cautious approach to crypto. In a 2021 lecture at the Bank for International Settlements, Carney argued that tokens and cryptocurrencies should remain “token value” and stated that stablecoins should be heavily regulated. *This is not investment advice. Continue Reading: Another Trump Case? Cryptocurrency-Hostile Leader Resigns in Economic Powerhouse, New Crypto-Friendly Leader May Arrive CryptoIntelligence

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XRP Price Prediction: Will XRP Smash $5 as JetBolt’s Presale Goes Through the Roof

Speculation is heightening about XRP potentially smashing $5 soon, bolstered by its recent move to flip Tether and grab the third-largest cryptocurrency spot by market capitalization. The bullish sentiment surrounding XRP is tempered by the impending replacement of SEC Chair Gary Gensler by Commissioner Paul Atkins, possibly changing the tides in Ripple’s legal battles. Meanwhile, a newcomer is becoming a hot topic in the blockchain realm: JetBolt (JBOLT). As whales and crypto holders discover about JetBolt’s zero-gas technology and suite of innovative Web3 attributes, they can’t help but stock up on this altcoin, driving JetBolt’s presale to soar past 230 million tokens sold. As JetBolt’s presale goes through the roof, could XRP hit the $5 mark? As we unpack JetBolt’s intriguing features, let’s explore XRP’s ambitious trajectory. XRP: Could XRP smash $5? XRP is back in the spotlight in January 2025 and it’s been constantly in the headlines during the last quarter of 2024, posting a year-to-date gain of more than 300%. In early December, XRP’s price climbed as murmurs circulated about the possible approval of spot XRP ETFs. Then came the RLUSD green light on December 17, which led to a 7% increase in XRP’s price. Post-Christmas, the crypto market-wide slump triggered XRP to experience a decline, along with other cryptocurrencies. But despite the price correction, XRP displayed resilience and has since recovered, rising more than 15% over the past two weeks. More recently, XRP achieved another milestone—its market cap spiked to $138.98 billion on January 3, aggressively surpassing that of Tether to become the third largest-cryptocurrency by market cap. As of writing, XRP is trading at $2.39 and appears to be consolidating before the next major crypto rally takes off. XRP’s Price chart with data from Trading View However, XRP’s recovery efforts are strongly challenged by resistance at the $2.48 level, a significant support and resistance level in XRP’s historical cycles. Analysts suggest that if XRP can breach the $2.48 key resistance point, the coin could attempt to break through the $2.75 to $3 range. Market observers suggest closely watching XRP’s volume dynamics and overall market trends, as the outlook for XRP shifts between optimism and modest caution. The next few days will be crucial in determining XRP’s trajectory, whether it can get back on track to rally again or experience further pullback. XRP’s goal of hitting $5 seems unlikely to happen soon, but may be achieved in the long term under favorable conditions. JetBolt’s Skyrocketing Presale: A showcase of innovation and utility Coming under the spotlight alongside XRP is the young altcoin JetBolt (JBOLT). This presale altcoin has captivated the attention of the crypto community with its futuristic appeal—offering blockchain innovations combined with advanced technology and real-world utility. Unveiling JetBolt’s showcase of innovation and usability is zero-gas technology, a breakthrough feature built on the Skale Network, which removes the burden of paying high gas fees. Apart from enabling no gas-cost daily transactions for regular users, this revolutionary feature unlocks avenues of possible opportunity for developers to build gas cost-saving projects across dApps, and blockchain gaming. Coming next is JetBolt’s crypto content aggregation tool, a next-gen functionality which harnesses artificial intelligence technology to display crypto content and the crypto news categorized according to market sentiments. This feature highlights JetBolt’s futuristic approach, taking note of the tech-savvy market‘s increasing demand for AI-powered Web3 utilities. To accentuate its user-centric edge, JetBolt offers a Web3 wallet designed with ease and simplicity. Integrating WebAuthN protocol and face recognition mechanism, JetBolt removes the often complex and time consuming processes. On top of having a fully functional ecosystem from day one, JetBolt also has enticing presale incentives for early buyers, including discounts and exclusive Alpha Boxes that grant up to 25% more JBOLT tokens for batch buyers. As the presale grows, the presale price also climbs daily. With a growing community drawn to its suite of game-changing features that provide tangible blockchain use, JetBolt’s momentum could further intensify in the coming days, making it one intriguing altcoin to watch in the myriad of cryptocurrencies making leaps and waves. Summary: Will XRP Smash $5 as JetBolt’s Presale Goes Through the Roof? As XRP displays aggressive price movements, XRP fans are optimistic that the token could potentially crush $5 in this bull cycle. While not impossible, XRP’s trajectory toward reaching this ambitious target will require overcoming key resistance levels, boosting its market volume, and thriving in an overall positive crypto environment. Meanwhile, the rising altcoin JetBolt continues with its rapid ascent, as cutting-edge technologies and user-focused innovations drive its upward momentum. With a presale going through the roof at over 230 million tokens sold, and counting, JetBolt has emerged as one of the game-changing altcoins to keep an eye on in the exciting days of the unfolding 2025 altseason. Learn more about JetBolt’s amazing features and presale buzz by visiting: JetBolt’s Official Website: https://jetbolt.io/ JetBolt on X/Twitter: https://x.com/jetboltofficial Kindly note that all cryptocurrencies carry risks as the crypto market is full of uncertainties. As such, do not treat this article as trading or financial advice. Remember to conduct your own research and assess the risks involved before buying any digital asset. Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here . CryptoIntelligence