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Xrp - I Didn’t Want to Make This Video...Added:
XRP holders, I can't believe it, but it might be happening once again.
Please read the disclaimer.
Hello, beautiful people. Shalom, money makers. We got a lot to talk about today, but tell me the truth. Did you have on your bingo card another pandemic? Well, we might be heading that way. President Trump just announced on a phanto virus. He says uh that we are very much we hope under control. It was the ship and I think we're going to make a full report about it tomorrow. A lot of great people are studying it. So let's just hope that we don't have a corona virus uh 2.0 O here and hunt the virus uh can can uh go away like many in the past that we're just a blip and then you know it was a few weeks and it you know the world didn't shut down. I think that learning from last time around you know in 2000 that won't happen again but let's hope let's hope. So, who had another pandemic on their bingo card of things that could happen in 2026?
Of course, the crypto market uh sold off a little bit. Not too crazy. Right now, XRP is sitting at $1.38, down 0.35% on the day. Maybe by the time you're seeing this, XRP is a little bit higher, a little bit lower. Um, but uh we did see Bitcoin drop under 80,000, which was a level that we were looking at. Um, so that did happen. Uh, what does this mean for, you know, the the future of the of the crypto markets in the short term? We'll see. I want to see Bitcoin hold over the 13 EMA here. You see the green line? There's a lot of uh noise here. Let's remove that. The green line here, I want to see it hold over that. And then we could potentially have, you know, uh, another move here.
Bitcoin is creating higher highs. Um, you could put it in a inside a parallel channel here, right?
And see that, you know, it's it's been going up higher highs. Um, so potentially we could see that. And XRP, voila, guys. XRP's price action continues to be not that sexy. Uh, continues to consolidate here around the 14143 145 level. Uh, not really moving. Sylmer Merler to what's happening with Ethereum and uh Salana interesting had a little bit of a popup there uh the last two three days and then again pulling back.
It's closer to the crossover. Remember Salana never crossed over on the 1348.
XRP did but then sold off a little bit.
So not the best price action right now for the top four five outside of Bitcoin. We talked about why Bitcoin has a little bit more strength right now uh because of the IBIT option contracts there that are fueling a little bit of the momentum. Um and so that will be very interesting. Um you know it's one of the the good and the bad that uh the stock market and crypto market have uh intertwined a little bit. But there is more uh you know stuff coming there from the president. Um from Iran there uh white house resp uh posted here three worldass American destroyers were transited very successfully out of the straight under fire. There was no damage done to the three destroyers but great damage done on the Iranian attackers just like we knocked them out again today. We'll knock them out a lot harder a lot more uh in the future if they don't get the deal signed fast. Um and the the there have been reports that the US military conducted strikes against targets in southern Iran. So um ceasefire uh yes no maybe the where's my button the roller coaster whoa right um of 2026 uh continues um and wait we got more we got we got tariffs for you.
So, President Trump says the EU has until July 4th to implement the US EU trade deal or their tariffs will jump to much higher levels. So, let's recap for a second.
Uh pandemic potentially um return of a conflict of a war and more tariffs. Yippity doo. Yippity day.
My oh my, what a wonderful day. So, this is the situation right now. And again, right now the crypto market is, you know, these are, you could say good, bad headlines depending on how you look at it. Um, the crypto market is holding for now. Yes, Bitcoin was over 80,000, pull back a little bit. XRP went to 145, pulled back a little bit, but it's not it's not that bad for for the headlines that we are seeing. The market is holding. And the reason why I think it's still holding is because of the hope of the Clarity Act. Now, before we continue, I just want to remind you that this video is for educational purposes, for entertainment purposes only, not financial advice. Always do your own due diligence before you decide to invest.
Very, very important. Okay. Uh, Clarity Act, we did get uh some interesting uh, you know, headlines yesterday. if you missed that video. I don't know why the video just like it didn't didn't get any uh momentum there, but we talked about um the fact that according to Eleanor, we could see the Senate Pay Committee uh set a notice markup for the Clarity Act as early as today with potential Thursday vote. Um and I found this interview uh from uh Senator Angela Alzbrook uh interesting. you know, she's a Democrat. Uh, and this is what she had to say in a recent interview >> to see it addressed and I want to see it.
>> There's nothing more powerful than a retiring Republican in the Senate right now. You're making friends with the right people. Senator, I'm curious.
Look, our audience has really basic questions when it comes to clarity.
>> Is it going to pass and is it going to happen this year? Because when you talk about it, you make it sound like there's still a pretty long road.
>> You know what? I think it can pass. I really do. I mean, I think this year I think I think I hope so. We've had a lot of work. We've put a lot of work into this. I mean, we've been working tirelessly for months. Um, what it will mean is some we're going to have to have some compromise. You know, I think everyone will walk away from the clarity table just a little unhappy, both the banks and the crypto industry.
>> Compromise on them potentially.
>> Well, you know what? We've compromised and said we want the innovation to grow, but we don't want to create bank-like products without this the protections of a bank. You cannot pretend to be a bank-like product without the protection.
>> So, was stable coin yield the biggest hold up?
>> That was a big hold up. We're still there though, right?
>> That was Well, I think we have I think we've resolved the yield issue. We did >> we have resolved the yield issue in a way that I think pre prevents uh evasion of the laws uh again allows the innovation to grow but you know we we put some some I think some uh barriers in place um that will allow both to be a little unhappy but I think it's a a way forward.
>> How does it create?
So again, not everybody's going to be happy with the Clarity Act, but that's the end still my opinion. It's better to move forward than to move back, right?
Um and we're seeing now the main culprit of this whole situation. Um Coinbase, you know, the CEO came out with uh that big uh message there. And I even saw in on the biggest site here um an article about is it a warning for companies like that the specifically they were referencing Coinbase's CEO Brian Armstrong's letter about first crypto market but then the second part of about the AI how potentially companies you know could be shifting and laying off people because significantly in a larger manner because of AI in the future. They already have started in a sense uh but just you know jobs have changed a little bit but yesterday Coinbase had earnings and we found out the real reason why he had to do those cuts um because they posted nearly $400 million in losses as quarter run revenue drops 31% to 1.4 four billion amid a prolonged cryptobear market. And you could say that it's their own fault. Like if Coinbase would have never pulled out of the the clarity act there, then maybe the crypto market would have done really good this first quarter. But instead, they, you know, did that and crypto since then has been a dud. Uh, and you know, they have to deal with the consequences. Um and the fact is that uh you know this is how it is. If a company is on crypto and they do something that makes crypto uh pull back then you know their investors uh got what uh what was coming and we kind of knew that this was coming and interestingly I don't know if this was related but Coinbase crypto trading remains down for over four five hours as outage continues. So the platform is down too. I don't know if this is all related. Maybe they got they don't have any more money to to pay for their servers. I don't know what's going on uh with Coinbase. It's not a good look. Um you know, the stock well pre-market didn't open up yet, but the stock um we'll see what happens when pre-market opens up. Um it's not looking good for Coinbase right now. Just just interesting. Um but Clarity Act seems to uh get closer and closer. It seems that even the big companies are confident that this is going to come. Uh with Clarity Act looking closer than ever, giants like JP Morgan, Black Rockck City, Fidelity, and Bank of America aggressively hiring crypto experts, digital asset engineer, tokenization specialists, and crypto infrastructures leaders. At the same time, NYSC and NASDAQ are preparing for tokenized stocks. Institutions are building blockchain set rails. Markets are moving forward 24/7 trading and instant settlement. Wall Street clearly sees tokenization as next evolution of capital markets. Quite similar to how derivatives evolved into market worth hundreds of trillions globally. And you can see these are the jobs that they're looking for. So people are moving forward. People are integrating crypto.
People are understanding that crypto is not the big bad wolf that Senator Warren has told them. But investors, retail investors and institutional investors in specific, I think are still waiting for clarity. And I know that we're putting a lot of weight on Clariat, but you can see from the graph, right? The stock market, lots of money is coming in because there's not that weight, right?
There's not that fear. There's not that possibility that a law doesn't pass that would be beneficial for the stock market. But the crypto market, it's it's a big deal, right? Um, and so a lot of institutional investors are still sitting on the sidelines. And we know retail retail is uh, you know, it's it's it's dumb, right? They call it dumb money for for for a reason because retail will come when it's all-time high or close to all-time high. I have a famous story about a dad. I'm not going to tell it again. Uh actually, I was I thought I was hoping to there was like a a thing for the class last night. I was hoping he would come, but he didn't come because I wanted to talk to him and tell him that I've been telling his story over the past few years. Um, about how he kept, you know, asking me about crypto and then about Bitcoin in specific and then it was an all-time high and then it pulled back and then he was like, "Oh, tell me when it's an all-time high and then it went to all-time high." I saw him again. Then he told me, "Tell me when it pulls back."
Um, so that's the story again. It's pulled back. How many new retail investors are coming into the crypto market? Not that much. You can look at the YouTube views right now across the board. All the crypto videos, doesn't it matter what you're talking about, Bitcoin, XRP, Cardano, whatever, it's all in in the toilet. And stocks right now, some channels, they are getting 200,000, 300,000, a million views on their videos. This is what was happening with crypto in 2021 when you know retail was really interested because why?
Prices were going up. So, what does this tell us? Tells us that we could be early here to the party. Very early. And um it's congratulations to you. Now, you have to of course have a plan in place because like we open up the video with the three uh concerning things. Um anything can change and I you know I always have the monkey on my shoulder.
Things can happen, things can change, things can shift. You can wake up the next morning and there's a world pandemic. You can wake up and your country's at war. can wake up and there's a great financial crisis.
Something happened. I don't know. You don't know what's aliens uh landed and uh are turning everyone into slaves. I don't know. Anything can happen. So, we have to be ready for all these possibilities. Okay. Uh and as as always, don't forget to subscribe to the channel if you haven't done that so yet.
So, uh drop a comment eight for infinity and beyond. And the easiest thing you can do to support the channel, don't be lazy, is to smash that like button.
Thank you for watching. I hope to see you next time. And like I always say, let's make a lot of money.
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