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🔥XRP CLARITY RATES🔥 THIS IS CRAZY🔥Added:
Oh my gosh, did you see what happened to XRP? What about the Clarity news latest?
Well, I've got you covered. We've also got some great news that you must hear about before the big >> I say lots of naughty things, so here's your warning.
>> And yeah, we're going to hear from Tom Lee because he's cracked out, whacked out, but he's got some truth behind people dumping ETH. But first, oil is high. I'm not. I just got up and I had a tough workout yesterday, so I'm going to be sober Rover today. Okay, so y'all are going to have to pick up the slack for me. Oil's at $104.28.
Proof that the straight of her hormuse is what everyone. It's not open for business. Bitcoin 76,812. Eth is 2118 while XP is at $137. B&B's at 69 while Zcash is deep in the green and so is hype. H bar those under 9 cents. Wondo's making a move at 369.
Now, volume for the crypto market is absolutely crappy at $86 billion. Proof that the crypto market is taking a little bit of a siesta before Clarity Act actually goes anywhere. And what if I told you though that the Clarity Act has another fight? But it's not people voting against it. It's other bills. That's right. Clarity Act is fighting for time.
We saw a big amount of outflows yesterday to the tune of three4ers of a billion dollars for BTC and ETH. That's backto back days right here with 1.2 billion in total in outflows. Eat selling pressure tied to surging oil prices. Tom Lee says, "Whoa, cracked out. Whacked out." Tom Lee actually has something good to say. Not good, but accurate to say. Oil prices have climbed roughly 66% over the past three months, moving from $65 to above $100 bill. And I told you it's 104 as geopolitical tensions in the Middle East escalate.
Why? Well, listen to this. Despite the near-term pressure, Lee characterized the current situation as short-term tactical noise. He said a reversal in oil prices would be followed by an Ethereum recovery. No, there's a lagging effect for this. If oil prices, let's pretend, were to go down tomorrow, there would be a month, month, month, month lagging effect to that. Several months.
I probably should have said it that way instead of saying the [ __ ] word month three times, but you got what I was saying. Yeah, there'd be a lagging effect. There's always a lagging effect when it comes to inflation. So, just because oil prices could cool overnight doesn't mean everything else warms up.
Why? because people still believe that the Middle East is a tinderbox getting ready to blow up. But let's keep listening to what he says. Ethereum currently holds more than 60% of the market share in real world token assetization when layer 2 networks are included.
Black Rockck and JP Morgan have both recently launched, but price has nothing to do with that, right? Bermuda picked Stellar for their rail action. And how did that help? XLM didn't help at all.
Oh, you don't believe me? Well, let's find XLM. It's going to be hard to find because it's volume is low. Here it is.
14.5.
Doing a little Bermuda work doesn't do [ __ ] for you. But all of this stuff with oil is some problems. But other analysts caution that oil alone does not explain ETH's underperformance.
There's been major ETH outflows and a lot of people have been preferring BETC over ETH lately. So Tom Lee is blaming oil, but it's not just oil. See, the macro sucked before oil went up. ETH had some junky numbers before oil went up.
And Tom Lee buffing ETH at like 3,800.
And ETH right now is at hold on everyone. I've got it right here up on the screen. 2121.
So yeah, Tom Lee, you're a ways away.
But you know who's not a ways away? You.
Because you, the viewer, matter most.
Miguel Casillas says, "Congrats on your socks getting all right." Come on. We're doing better than all right. That Makami signing was the beginning of something good. Yes. and getting rid of Luis Robert. Proof that if there is a cancer in your organization, the best tactical thing you can do is just pay him off and get rid of him. So now Tom Lee is blaming oil. But there's a bigger thing that you have to look at and that's rate increases. No, no, no. Klaus did not say rate cuts on this 19th of May, a Tuesday. I said rate increases. Check this out. I've got the probabilities through the rest of the year. This is what the markets are predicting for the rest of the year. Are you ready? 56% chance that we're going to pause. 35% chance that we're going to get one rate increase. Not decrease. I said increase.
7.4% chance that we're going to get two rate increases. And just under 1% chance to get three. These three right here weren't even on the freaking board, everyone. A month ago, people were talking about four rate cuts for the rest of the year. Well, guess what? That now has changed. So, you know what? We might have three rate cuts by the end of the year. I don't think we're going to have three. I wouldn't be surprised if we pause the rest of the way through if inflation, the Middle East situation lasted longer. I wouldn't be surprised if we got a quarter kick just to kind of cool things off a little bit. So now the bigger macros as you zoom out is okay.
Okay, Clarity Act is kind of we'll talk about it. It's coming up. Okay, Tom Lee says oil prices are high. Oil prices are high, but also the odds of a rate cut are gone. Now we're talking rate increase. Rate increases are not good for volatile assets like crypto. Crypto does best when things are a bit more calm and collected, when things are less wonky and crazy, when we don't have to worry about oil, when we don't have to worry about inflation. And the thing is with this whole Fed thing and raising rates, you got to remember the inflation that we're going to feel is not just going to be in the energy sector because it's oil based. No, no, no. Because everything is shipped. It's going to hit our food. It's going to hit our drinks.
It's going to hit our cars. It's going to hit everything that's shipped. And you and I both know that everything is [ __ ] shipped, so be ready for more pressure. Phase one's got a good one.
Says, "Hey, Mr. Claus, I think Deon has a much better shot at beating Ed Marky than Warren. He has a better shot at beating Marky than Warren, but he doesn't really have a shot." Do you remember that scene in Dumb and Dumber when he's trying to hook up with the red-headed chick? I like red-headed chicks. I didn't like her in that movie, but I do like red-headed chicks, right?
So, like, and he's with her and he's like, "So, do I have a chance?" like one in a million. She's like, "Yeah, one in a million." He's like, "Oh, so you're saying I got a chance?" That's basically what's happening right here with Deon.
He has a chance, but it's so minuscule in terms of beating Ed Marky. He had like a 01% chance of beating Warren.
He's got like a.1% chance, whatever, to beat Marky. But thank you though, Faze One. Just remember Deon's asking for your money because he's a piece of [ __ ] Bitcoin Depot files for chapter 11.
Whoa. But what happened here? I'll tell you what happened here. These Wag Bags charged fees between 8 and 20% per transaction. How many people are going to use an ATM for 8 to 20% knowing that Coinbase, Cash App, and other players have joined the market with transaction costs below 1%.
Atlanta based crypto company listed under the NASDAQ ticker symbol BTM has filed for chapter 11 once in the US bankruptcy court in Tahas. The company also plans to sell its assets. What are you going to do? Sell these [ __ ] Bitcoin machines? No one gives a [ __ ] about them. Either way, their revenue dropped by almost 50% compared to the same quarter one year earlier. Gross profit nose dived by a whopping 85% to 4.5 million and the company posted a loss after earning 12.2 2 million.
Basically, they charged themselves out.
And there was a lot of corruption. There was a lot of naughtiness. There was a lot of scams and schemes going on where people are like, "Well, yeah, but you just need to deposit some money at the BTC ATM and we will let your cat, Mr. Bunny Fufu, go without being harmed."
And then people are like, "Yo, I don't have a [ __ ] cat." And they're like, "Yeah, no [ __ ] you don't. We just took your money. [ __ ] off." That's basically the gist of this story. They charge too much. There's a lot of nefarious [ __ ] used. So, this company is now out of business. Now, now, now let's talk about Clarity Act. And then we got to talk about the big news with XRP. Senate crypto bill faces an August deadline or postmidterm delay. Congress enters recess from late July to early September after which the Senate returns to a period dominated by midterm election positioning. Shapalo said Senate leadership is unlikely to schedule a contested 60 floor vote in that environment, making the pre recess window the most actionable. Basically saying, look, they enter recess in July.
This is our window. Now they keep pushing things out. They said that March was the window. They said April was the window. They said May was the window.
They said June. Now they're saying it's July. Either way, the window is closing.
If the bill misses that window, Caparo said that the remaining pathway with the highest probability becomes postelection lame duck session, which is what we would be dealing with after November, but only if the current majority retains the Senate. That's right, because it's expected that the Democrats are going to take the House. Now, Lumis says, "Nobody is popping the champagne quite yet.
There's still a lot of work to do." No.
Well, no [ __ ] [ __ ] Why would you pop the champagne? All you did was get it through a Senate subcommittee as they've got their gold water fountains in the background. You sick sons of [ __ ] So what Lumis said, I would love to have this bill on the floor in June. That's probably pretty optimistic. So even Lumis is kind of reeling in the optimism. Eleanor says it's possible, but far from certain that Clarity could be competing for that same floor time with reconciliation, FISA, and the farm bill. basically saying, "Hey, there's some other big fish out there that need to be fried, and those fish are bigger, and they might take priority over clarity." So, guess what? We might be running out of time. As I've told you, because my honest thought was, I don't think you could get clarity past any time past March that they would just dink around and dangle a [ __ ] carrot in front of us just like Garlinghouse dangles his [ __ ] XRP carrot all the time. Oh, 5 years down the road, XRP holders are going to be happy. Oh, 10 years down the road, XP. Same [ __ ] thing that Congress is doing. They just keep pushing the goalpost. Keep pushing the end zone markers. Keep delaying, delaying, delaying. And who makes money when people delay [ __ ] It's the [ __ ] lawyers. Yeah, that's right. The people writing the [ __ ] Let's do one more comment, then we'll talk. XRP Gman 211 says, "Good evening, Mr. K. I know the macros suck, but I can't help to picture the banks laughing at all of us. We're getting crushed, but it's not over yet."
Yeah, those punks. Um, don't worry.
Banks are getting theirs, too, because bank stocks have been very weak over the last 6 months. So, they're taking their beating, too. Are they laughing at all of us? Probably. The banks did what they could, pushing clarity way back early.
Armstrong delayed it all the way in January for something we didn't even [ __ ] get. Remember, Armstrong delayed it so we could get yield, and we didn't even [ __ ] get yield. The hell is the point of that [ __ ] You get what I'm saying, right? So now the banks are sitting here going, "Dude, all they got to do is run it out to July because after that, if the Democrats do capture the house, they could easily block anything they want." Now the big news for XRP, we're back to rangebound where we have been. And you're like, "Bro, wait a minute. That's big news." Well, yeah, because everyone out there, right, is telling you that XRP is going to melt faces. XRP has clarity. XRP doesn't need Clarity Act. XRP already has the rags.
No, it [ __ ] doesn't. That's why its price sucks. That's why it's been rangebound for the last 3 months along with the rest of the freaking market because Clarity Act odds are pretty much stuck. We get [ __ ] from the Senate saying, "Yeah, we think we could get it done." We get [ __ ] from all these lawmakers saying, "Oh, we'll do." No, no, no. You don't see it.
So XRP does not have clarity. What Torres said is just a [ __ ] judge's interpretation. Doesn't matter. The next regime comes in and they're anti-crypto and we don't have the Clarity Act in place before they get in. They can wreck crypto again, just like Biden and Gendler did. So, no, XRP doesn't have clarity. What's the good news though with XRP? We're at least holding the nasty flash crash that we had of the fourth and 5th of February. We haven't gotten anywhere near close to that. We stay rangebound between$135 and $145.
That's our new friend zone. You don't get to do anything cool. You don't get to put your hand in the land of the mighty boom boom and take her back to your room and then you know what I'm saying. No, this is friend zone. Prices are too high right now to buy cheaply because you know you could get it way cheaper than this and they're too low right now to sell for profiterronies because there's no real profit margins here like this over the last several months. People are moving their positions ETF-wise jumping into a little bit of Hyperlid. Hyperlid up right now.
I'm not a fan of Hyperliquid. Just putting it out there. They use James Win to pimp their [ __ ] Rate cuts. No rate increases.
XRP clarity? No. It's just a judge's interpretation. We're still operating under the same 1933 and 1934 securities laws for the entire market. But bro, crypto is classified as a commodity via executive order and current people in the SEC and CFDC who are working on the [ __ ] So when they get replaced by the next president and the next presidential order, all that [ __ ] goes away. Oh yeah, and I forgot to tell you, there ain't even [ __ ] anyone working at the CFTC.
There's supposed to be five people on the panel to vote for big [ __ ] like Cryptoregs. We've got one person the head of the CFTC, which means there's no Democratic representation, which means the Democrats don't have any juice in this, which means what? They're probably not going to vote for us. And we got problems with ethics concerns. So unless Trump and his family is going to dump crypto, we might be stuck with no clarity and vente vente safe. That's 2026 for you gringo out there. And I'm not trying to be pessimistic or negative regarding this. I'm just trying to be a mirror right now, showing you when you look at it the truth. And the truth is is clarity has been delayed since January's markup.
The same politicians that are behind all this. Hey buddy. The same politicians that are behind all this are like, "Oh, don't worry. We could get it done in February. February passed. They also told you, "Oh, we could get it done in March. You got plenty." No. March passed. Then April passed. Now we're in the middle of [ __ ] May. What are they going to keep saying? Oh, we've got time in October. No, they're going to be working on reelection. And people like Deon don't have a chance in a freaking blue state like Massachusetts. Austin, Massachusetts. Name the movie. See if anyone is good at this. I'll give you an idea. It has to do with the road. Uh, maybe I gave a little bit too much away.
Either way, crypto needs real clarity act.
Not these little bulletins from the SEC and CFTC. Not these executive orders from the president because guess what?
The president signed a BTC strategic reserve about a year plus ago. We haven't gone anywhere with that. See, that's an executive order. That needs an act of Congress to make it happen. And we probably aren't going to make that happen. in Congress right now has bigger fish to fry like the farm bill versus the Clarity Act. More people care about food and the farmers than they do about crypto. So, which you think'll take priority? I hope crypto, but I think we both know the real answer. So, just be careful out there if people are dangling the carrot in front of you because too much carrot dangling makes you sound like Brad Garlinghouse, right? Oh, in five years you're going to be happy. Oh, in seven years. Shut the [ __ ] up. Stop dangling the carrot and tell people what they need to hear, not what they want to hear. And what they need to hear is rate cuts are off the [ __ ] table. Rate increases are on the table. That's not a table I want to be sitting at. Potential three increases a year. I doubt it. If we get anything, we'll get one increase and that'll just stun the market. So choo choo what? Well, we need [ __ ] regaries. You jabronis. Let's see if the Senate can get it done anytime soon.
Choo choo what? Well, I'm going to take a recovery day today because I did a sprint workout yesterday and my legs [ __ ] hurt.
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