XRP News Today: Scottie Pippen Picks Bitcoin Amid Crypto Market Shifts

NBA legend Scottie Pippen has recently revealed his top cryptocurrency picks, with Bitcoin leading his list of favored digital assets. Pippen's watchlist includes a mix of major-cap utility altcoins and popular meme currencies, such as XRP, Dogecoin, and Shiba Inu. This revelation comes at a time when the cryptocurrency market is experiencing significant shifts and regulatory developments.

Pippen's endorsement of Bitcoin as his top pick underscores the digital currency's enduring appeal and dominance in the crypto space. Despite recent price fluctuations, Bitcoin remains a favored choice among investors and influencers alike. The inclusion of altcoins like XRP, Dogecoin, and Shiba Inu in Pippen's list highlights the growing interest in alternative digital assets, which offer unique use cases and investment opportunities.

In the meantime, Bitcoin enthusiasts brought up its fixed supply again as news of an asteroid loaded with gold surfaced. Psyche 16 is the asteroid between Mars and Jupiter, which is supposedly full of gold worth at least 70 quintillion dollars. Such an account triggered the mentions of major authorities in the crypto sphere, such as JAN3 CEO Samson Mow and the analyst Willy Woo, who underlined the reality of Bitcoin being scarce and unconnected with any physical commodity.

Mow noted that Bitcoin cannot be inflated by discoveries like Psyche 16, as its 21 million coin cap remains unchangeable. He added that “there is zero Bitcoin on Psyche 16,” drawing a line between digital scarcity and physical abundance. Woo echoed the sentiment, pointing to the distant future of asteroid mining and the unlikelihood of Bitcoin being affected by such developments.

Pippen's endorsement of Bitcoin stays strong. Although Pippen has shown more interest in altcoins lately, it has been evident that Bitcoin is still the top one on his list. In his tweet, he pointed out that we should watch other coins, but Bitcoin dominates the market by being the strongest, most scarce, and most reliable in the long term among them. Pippen has already attracted attention with his unorthodox assertions related to visions of Bitcoin’s pseudonymous creator, Satoshi Nakamoto, but those forecasts did not come true.

Influencers Respond to Scarcity Narrative. Prominent figures like Samson Mow and Willy Woo emphasized Bitcoin’s fixed supply as key to its long-term value and independence. Mow noted that Bitcoin cannot be inflated by discoveries like Psyche 16, as its 21 million coin cap remains unchangeable. He added that “there is zero Bitcoin on Psyche 16,” drawing a line between digital scarcity and physical abundance. Woo echoed the sentiment, pointing to the distant future of asteroid mining and the unlikelihood of Bitcoin being affected by such developments.