Zacharia announced that the Trump administration had recovered $58.9 billion through indictments, settlements, and civil monetary penalties. The administration also reported uncovering over $260 billion of fraud and stopping $72 billion of fraud annually through administrative actions.

The $58.9 billion figure is what caught the community’s attention. While she wasn’t speaking about cryptocurrencies or XRP directly, Pumpius suggests a connection because of the number.

YOU CANNOT MAKE THIS UP!

Trump’s NEW White House Press Secretary, Katie Zacharia, just said $58.9 BILLION ON LIVE TELEVISION!

FIVE. EIGHT. NINE.

Of all the numbers in the world, 589 somehow makes its way into an official White House briefing. AGAIN.

ANOTHER DAY.… pic.twitter.com/GOf2zW46wI

— Pumpius (@pumpius) October 14, 2026

589 and the XRP Army

The number 589 carries significant weight in the XRP community. Holders have long pointed to $589 as a price target for XRP, a figure derived from calculations suggesting that if XRP absorbed a meaningful share of global liquidity or cross-border payment volume, each token could reach that valuation.

The target has become a rallying point, appearing repeatedly in community discussions as a signal of long-term conviction. When 589 surfaces in an unexpected context, the community takes notice.

How the Community Responded

Several community members responded with enthusiasm. With XRP trading at $1.32, one community member said he would take XRP at $5.89, hoping to see something just profitable before focusing on a triple-digit target. Another declared continued commitment to the $589 target.

Many asked for clarification, not understanding the link between the video, the number, and XRP. While there is no explicit link, XRP community members often draw attention to 589 wherever it appears.

One member set a different price milestone, stating he would pay attention when XRP reaches $864.7.

The Bigger Picture

Whether the appearance of 589 in an official government briefing carries any real significance is a matter of interpretation. For the XRP community, the number showing up in a White House announcement adds to a pattern they have been tracking for some time.

It has shown up in many interesting places over the years, and Ripple CEO Brad Garlinghouse follows exactly 589 people on X. The number has become a focal point for a community desperate to see upward price movement for XRP. The reaction confirms that conviction around the $589 price target remains strong among holders.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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The sign belongs to Art Ave, a public art initiative. It has no connection to Ripple the company or XRP the asset. This did not dull Kwok’s enthusiasm.

this is right next to the white house.

the ripple effect pic.twitter.com/fZaS0qG01i

— Phil Kwok | EasyA (@kwok_phil) September 19, 2026

The Community Responds

The post drew a quick reaction from the XRP community. One commenter wrote, “Synchronicity at its finest.” Caroline D. Pham, chief legal officer at MoonPay and former CFTC Chairman, also replied, suggesting she is watching Ripple and XRP.

Austin Glavin added, “There will be clues.” Truth Seeker called it a “Larger, ever shifting whole.” Loribee wrote, “I read you loud and clear. I’m locked in.”

Not everyone attached a meaning to the image. Cazador explained that the image and Ripple are “two totally unrelated things.” Another commenter added, “Nothing new. Good news but price is dropping.” The range of reactions shows a community that is watching closely. The coincidence of location gave an otherwise ordinary public art sign an audience it would not normally have.

Ripple’s Position in Washington

The timing gives the community reason to pay attention. Ripple CEO Brad Garlinghouse has met with President Trump on multiple occasions. Before the inauguration, Garlinghouse and Chief Legal Officer Stuart Alderoty dined with Trump at Mar-a-Lago. Ripple donated $5 million worth of XRP to Trump’s presidential inaugural fund.

On August 19, Garlinghouse sat in the Roosevelt Room at the White House as Trump delivered remarks alongside crypto executives from Coinbase, Kraken, Gemini, Robinhood, Chainlink, A16z, and others. Ripple also expanded its Washington, D.C. office in 2026 to strengthen its engagement with policymakers on digital asset regulation.

We are on X, follow us to connect with us :- @TimesTabloid1

— TimesTabloid (@TimesTabloid1) June 15, 2025

What Comes Next?

Ripple’s presence in Washington comes as the crypto industry absorbs a legislative setback. The CLARITY Act failed its Senate cloture vote on September 15, falling 49-50. No Democrat voted to advance the bill, and four Republicans voted against it.

Despite the setback, this post shows the XRP community is still watching for bullish signs and is confident in the asset and Ripple’s position. The legislative path may be more difficult, but Ripple’s engagement with the administration continues regardless.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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Ian A. Kelley, Special Assistant to the President and Director of the White House War Room, reported XRP holdings valued between $1,000 and $15,000 through a Coinbase wallet.

Crypto commentator Digital Asset Investor (@digitalassetbuy) flagged the filing, noting that Kelly’s disclosure also listed Bitcoin, Ethereum, Solana, and ADA.

White House Buying XRP: The Secret Plan Revealed
Watch The Full Youtube Video Here:https://t.co/XF2ilKNbxi pic.twitter.com/oSzs3ozMAA

— Digital Asset Investor (@digitalassetbuy) July 4, 2026

Ripple’s Expanding Role in Clearing Infrastructure

Digital Asset Investor’s video pointed to a DTCC document describing the current administration’s push to let crypto-native firms like Coinbase, Circle, and Ripple compete directly with regulated financial institutions.

The document said these firms are lobbying the SEC to use distributed ledger technology for issuing, trading, and settling securities. It also said firms want regulators to approve combining brokerage, exchange, custody, and clearing functions under one entity instead of relying on multiple intermediaries.

A separate paper from OPCO Advisory Inc. detailed a concrete step in that direction. The firm’s report said Ripple Prime joined DTCC’s NSCC participant directory on March 2, 2026. That addition came after Ripple’s $1.25 billion acquisition of Hidden Road, making Ripple the first crypto-linked infrastructure provider with direct access to U.S. clearing rails.

Deal Activity and ETF Flows

Digital Asset Investor also cited a graphic ranking active acquirers in crypto payments, which placed Ripple ahead of Stripe, Exodus, Polygon, and MoonPay. On the ETF side, Digital Asset Investor reported XRP spot ETFs pulled in $6.55 million in net inflows in a single day, pushing cumulative inflows to $1.49 billion.

He contrasted that with Ethereum ETFs, which he said saw $638 million in outflows in the same period, while the XRP Ledger took in $1.98 billion. He also referenced XRP trading volume surpassing Bitcoin’s in South Korea.

The Regulatory Backdrop

The clips Digital Asset Investor featured included comments from the SEC Chair on “Project Crypto,” an initiative he said is designed to modernize rules for digital asset issuers. He also pointed to a new memorandum of understanding between the SEC and the CFTC meant to align definitions and coordinate oversight between the two agencies.

It also featured potential odds of the CLARITY Act passing soon, placing the chances at 60%. Bloomberg Intelligence analyst Nathan Dean noted the Senate returns July 13, with roughly two weeks of debate expected before a vote. Digital Asset Investor tied these threads together as evidence that Ripple and XRP sit at the center of a broader shift in U.S. crypto market structure.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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Hoskinson disagrees with the recommendations of a recent White House Office of Science and Technology Policy report that urges the US Department of Energy (DoE) and the US Environmental Protection Agency (EPA) to collaborate to create standards for the environmentally responsible design of digital assets based on evidence, warning that the proposals could lead to an outright ban of Bitcoin.

The EPA and DoE will start communicating with crypto companies to request that they change how their cryptocurrencies work.

They should include “Standards for extremely low energy intensities, low noise generation, low water consumption, clean energy usage by operators, and standards that strengthen over time for a further carbon-free generation to meet and surpass increasing electricity demands of their facilities.”

The government should investigate administrative steps, and Congress may consider legislation prohibiting or banning the use of high energy intensity consensus mechanisms for crypto-asset mining should these measures prove ineffectual at mitigating effects.

President Joe Biden’s Presidential Order on Bitcoin

The presidential order, issued by President Joe Biden in March and asking for “responsible digital asset innovation,” prompted the report.

According to Hoskinson, the US government can use many strategies to accomplish its goals, which might be bad news for crypto assets that rely on proof-of-work, especially Bitcoin.

The White House is essentially hiding a report that no one will ever see or read on page seven, saying, “Hey Mia, great stuff you got there with proof of work but, you know, global warming is bad. Therefore, we should ban it. And we’ll create standards that you can’t comply with by asking the EPA and DoE to intervene and implement a soft ban. And then, when you can’t, make an executive order or piece of legislation to stop you from doing it. Or obliterate your profit margins to render the American mining industry unprofitable.”

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Dogecoin was mentioned 20 times in a recent paper titled “Crypto Assets And Climate” released by the White House Office of Science and Technology Policy, implying that authorities are well aware of the meme coin.

It is nevertheless admirable that Dogecoin is acknowledged as one of the top mining cryptocurrency assets with the largest market capitalization, even though the paper was published to reduce the environmental effect of cryptocurrency mining.

An excerpt from the paper states that in 2021, the United States’ electricity generation for mining the three cryptocurrencies with the largest market capitalizations—Bitcoin, Ethereum, and Dogecoin—generated greenhouse gases at a rate of about 15 Mt CO2/year.

Dogecoin is on the Rise Thanks to Elon Musk

The fact that Dogecoin is referenced in the White House Office of Science and Technology Policy is not surprising. Since last year, when Elon Musk, the CEO of Tesla, openly expressed his support for the meme coin, its popularity has soared.

The American billionaire has offered support for Dogecoin payments across his companies, providing investors with the confidence they need to start using the coin. Top government officials could not overlook Dogecoin due to these moves, which helped bring it to prominence.

Recall that on May 8, 2021, Dogecoin’s price rose to a record high of $0.73 due to the extensive endorsement the cryptocurrency received from influential business figures like Elon Musk and Mark Cuban.

Despite losing more than 90% of its value, Dogecoin still maintains a vibrant online community on various social media sites.

Vladimir Tenev, CEO of Robinhood, believes DOGE may still become the dominant cryptocurrency on the internet if the right mechanism is implemented, despite the meme-based cryptocurrency’s steep decline.

The price of DOGE is now $0.063 on major cryptocurrency exchanges.

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The fact sheet that leaked out earlier described the executive order as “outlining the first ever, whole-of-government approach to addressing the risks and harnessing the potential benefits of digital assets and their underlying technology.”

The executive order on the crypto ecosystem addresses important issues, such as strategy to protect consumers, stability of the financial system, national security, and climate risks.

Aside from the aforementioned, the White House also outlined its plan for assessing the implementation of a central bank digital currency (CBDC) and cracking down on illegal activity.

The order is described as fair, despite early fears of an impending crackdown on the crypto industry in the country.

The order underscores an all-of-government approach, demanding new work from the Treasury, Financial Stability Oversight Council, Federal Reserve, and national security agencies on important portions of the crypto industry.

The order also emphasizes that the Administration will continue to work with agencies and Congress to establish policies that encourage responsible innovation. It also promises to support technological advances in digital assets.

Janet Yellen Says Biden’s Executive Order Supports ‘Responsible Innovation’

It was earlier reported that a statement from Janet Yellen, the United States Treasury Secretary, revealed that Biden’s executive order on cryptocurrency will support responsible innovation.

The statement highlights how Yellen’s department will implement the provisions of the executive order, which was recently released by the White House.

The statement reads in part as follows:

“Biden’s historic executive order calls for a coordinated and comprehensive approach to digital asset policy. This approach will support responsible innovation that could result in substantial benefits for the nation, consumers, and businesses. It will also address risks related to illicit finance, protecting consumers and investors, and preventing threats to the financial system and broader economy.”

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