XRP VOLATILITY INCOMING? - WHY RIPPLE WORKS WITH BANKS! - FLR & XRP VS ETH - XRP NEWS!

Hinzugefügt: 2026-05-05

[00:00:00]Hello everyone and welcome back to the Common Sense Crypto channel. As with you always, this is Rich doing another video today on XRP.

[00:00:11]So I hope you're all having a wonderful day today wherever you are in this great great world. We're going to talk about XRP. And once again, this is the one day chart. We're sitting here at a$141.

[00:00:27]Earlier today, we were at a $144 and then some things happened with Iran, which I'll talk about in this video. But the price of XRP only dropped to around 3 to 4 cents. Usually, we would see a major dump in the market anytime something happened with Iran. Crypto is starting to react differently, but people are still feeling some uncertainty at the same time. And I want to show you on the oneweek chart.

[00:00:59]Remember when we were back here in that channel between a$130 and a$140? Then we got that push up into the next channel between a$140 and a$1.50.

[00:01:12]As long as we stay in this channel, there is still a good chance we push back to a$150 or possibly through a$150 throughout this week. I would love to see that happen. Right now, we are at the lower end of this channel. And if you're looking at Bitcoin on the 1-day chart, the chart looks identical to XRP right now. And Bitcoin slipped back down under 75K because of uncertainty. And you even see it on the fear and greed index that dropped as well. When the price drops, it usually drops because of real world events. And when the price drops, of course, the fear and greed index drops at the same time. When we were headed into greed, I was like, this could get very interesting going forward. But at least we're not in fear anymore.

[00:02:11]And this is why there's uncertainty right now. So 8:45 a.m. President Trump announces US representatives are going to Pakistan to meet with Iran for a second round of negotiations today.

[00:02:27]Trump says if Iran does not make a deal, the US is going to knock out every single power plant and every single bridge in Iran. Then later in the day, Iran has rejected taking part in the second round of negotiations with the United States per Iranian state media.

[00:02:48]So now there's not going to be any talks today between Iran and the US. You know, if they could come to some sort of peace deal, I'm telling you, this market would go absolutely parabolic. The problem here is this. It causes uncertainty because one day you hear the straight of her moose is back open. Then all of a sudden the straight of her mus is closed again. So nobody knows which direction we're going in right now. And that's what causes uncertainty in the markets.

[00:03:22]And then this happened. President Trump says the US Navy has struck an Iranian ship transiting the straight of Hermoose and US Marines have taken full custody of the vessel. And then you add conflict on top of no peace negotiations happening and of course markets will react. Now everybody's wondering what's going to happen this morning when the markets open. Monday Madness is coming today. Insiders are offloading massive risk positions in the US market today.

[00:03:58]Brace yourself. Volatility is coming. We don't know how crypto is going to react yet. So far, crypto has been holding up really well with everything that's going on. Just a few short months ago, if something like this happened, right away, Bitcoin would come plummeting down, taking the rest of the market with it. Now, we're seeing small drops on the price of Bitcoin, small drops on the price of XRP, and so on. So, crypto is starting to react differently with this type of news. We just got to see how it all plays out. And then they're talking about the the market structure bill again, the Clarity Act. So now August is the drop dead date. Take a listen.

[00:04:49]>> When this bill can make it to President Trump's desk, >> we got to move it as quickly as possible. I feel a huge sense of urgency. I think everybody else, all the principles involved, if they don't feel it, they need to feel it. Um because just working backwards, this bill has to get passed out of the Senate Banking Committee. It has to go to the floor.

[00:05:02]It's got to be reconciled with the A product. That's going to take time. And then it also has to go back to the House and and get passed there. So, uh, just working backwards from the August recess, uh, if you view that as kind of a a drop dead date, um, you realize that you have to take action now to get this out of the banking committee. So, I feel that sense of urgency. Um, Secretary Besson weighed in just recently, uh, echoing that, saying Congress needs to move now. The time is now to act on this bill. Uh, the president has tweeted out about this before. So, we all feel it and, uh, we need to see some movement here very soon.

[00:05:29]>> So, are we going to see movement anytime soon? Remember, this was supposed to happen before Thanksgiving. Then Christmas, then January, then Easter, then the beginning of summer, and now it's August. It seems like nothing is going to happen with the Clarity Act.

[00:05:50]New 70K plus North Carolina advocates back Clarity Act yield text pushing against bank lobbying. A new update shows the fight over the Clarity Act stable coin yield language is getting even more intense in North Carolina after reports that banking groups were pressuring Senator Tom Tillis's office to crack down harder on stable coin rewards. Stand with Crypto is revealing that over 70K North Carolina SWC crypto advocates have made 1,500 plus calls and 12,000 plus emails have already been sent to lawmakers backing the proposal.

[00:06:33]That is a direct counterattack to the banking lobby pressure campaign. They just don't want us to earn money off of our money. And this isn't going to affect the people outside of crypto because I'm telling you, the people outside of crypto, they have no idea what a stable coin even is. This is only going to affect the people that know what a stable coin is. And if they can earn yield off of it, absolutely, they will put their money into a stable coin and earn that yield. But this isn't going to affect the banks like people think. It's not going to be that big of a deal. They just don't want you making money. That's what it comes down to. And did you ever wonder why Ripple collaborates with the banks? Well, this comes from smoke. And this is why right here, take a listen.

[00:07:24]>> It just underlines a long-term theme here. You know, one we think we look back a thousand years, 500 years, 200 years as banks. And we've always built the underlying infrastructure to the economy, whether it was, you know, moving cash in society that was used to trade for goods and services, you know, through banks and branches and vaults and then cash machines. Then, you know, moving money through checks in the system, we built the underlying capability to exchange value through checks. Then to credit cards and debit cards and plastic to mobile banking, online banking, payment and check out capabilities. So, whenever there was an exchange of value for goods and services and money was transferred to to execute that, we had the underlying infrastructure partners and systems and networks exactly like Visa and Mastercard and others. And what's fundamentally changing is where the exchange of value is occurring is outside of the ecosystem that we've underpinned our infrastructure with the physical world or the digital world.

[00:08:04]It's now over here. And therefore, we must find a way to plug in to that payments ecosystem where the moment of truth is where the customer makes a decision. I want that service or product and I'm willing to exchange value for it. So that creates, you know, the challenge for us to where do you plug your payment system in?

[00:08:17]I like how he kept saying plug your system in because Ripple does have a plugandplay option for the banks. But the banks are vital to introducing new technology to the mainstream. And here's why. People outside of crypto, you talk to them about crypto and right away they think it's magical internet money and that it's eventually just going to disappear over time. Now, if the banks were to offer crypto options to their customers, all of a sudden people see value in it. Now, they want to buy crypto. They want to get invested in the crypto, not realizing that if they just bought the actual asset instead of going through the bank, they would make a hell of a lot more money without the banking system being involved because the bank is just going to be another middleman for crypto investing in the future. Once the banks offer it, they will play middleman between the normie investor and let's say the XRP ledger or the exchanges even because people will buy and custody their crypto at the bank level. But that's why banks are so important. Tom Lee explains exactly how Ethereum reaches 62K.

[00:09:40]Take a listen to this. I think Ethereum is probably on its way to 60,000 if we're correct.

[00:09:47]And here's something to keep in mind.

[00:09:49]One, since the war started, the best performing asset in the world outperforming energy stocks is Ethereum.

[00:09:58]Um, it's outperformed the S&P by almost 20 percentage points. And you >> take notice he doesn't have XRP on that list, but Tom Lee can come out and tell you Ethereum's going to 60K and people will just be like, "Wow, Ethereum's going to 60K." You tell someone that XRP is going to $10,000 and they think you're absolutely crazy. But it's because he's on the mainstream media news pushing this all day long. Here's what's really going on with Athereum.

[00:10:35]Like how many times already this year?

[00:10:37]Another $280 million compromise ongoing right now from Kelp Deo on Ethereum and Arbitrum. Perzac XPTt attacker already sending it to Mixers. 2026 really has it and it's just April.

[00:10:57]Now when you look at the XRP ledger, you don't have these problems. The core XRP ledger blockchain and its consensus protocol have never been compromised or successfully hacked in a way that allowed unauthorized control, double spending or tampering with the ledger itself. You know why the institutions will choose the XRP ledger over Ethereum and all these other networks? because it was already battle tested. They know that the XRP ledger is secure and they know it actually works and this was huge. What Flair did here is absolutely incredible. But let's get to Bill Morgan first. According to someone, all the banks will use Ethereum. R Paul said that the banks are not going to be using Ethereum. They're going to be utilizing the XRP ledger and other networks that are way better than Ethereum. So, here's what Flare did. As a precautionary measure, we are temporarily pausing FXRP cross networking via OFTs between Flare, Ethereum, Bass, and other supported networks. While the RS ETH incident is being investigated, users holding FXRP on non-flare networks cannot currently redeem as redemption requires assets to first be bridged back to Flare. FXRP on Flare continues to function normally apart from OFTbased cross networking meaning redemption liquidation and all other in network functions on Flare remain optional.

[00:12:44]There is currently no indication of an issue affect affecting Flare or F assets. We will share further updates as the situation develops. So, there was no issues with Flair, but Flare got ahead of this before any issues even showed up. And people still don't understand why Flare is the future. You know, I stopped buying XRP cuz I feel I have a decent bag of XRP. So, I decided I'm going to stop I'm going to start stacking Flare cuz it's dirt cheap. It's under a penny. If you're not buying and stacking Flare now, you are going to regret it at some point in the future.

[00:13:31]Flare's going to emerge as a massive monster in this space. And when you look at it under a penny right now, there's going to come a time where you wish you could go back to this time right now and stack Flare. That's the way I look at it. But Flare is just getting started.

[00:13:50]You got to remember they want to lock away 5% of the total XRP supply as well.

[00:13:58]If you love XRP, you need to be stacking flare. That's the way I look at it. So, the next 24 hours are going to get very interesting for XRP. I think XRP is going to hold up really well because so far that's what's happening right now.

[00:14:18]Now, we might see a drop in price, but then a quick rebound back above a $1.40.

[00:14:26]If we drop below a $1.40 and then hold below a$140, we're going to get stuck back in that channel between a$130 and a$140 again. I still believe a$130 is the bottom for XRP.

[00:14:42]And I would love to see the market rebound quickly and XRP starting to head back towards a$150 again. Let's see how it all plays out. But expect volatility over the next 24 hours. And until it happens, stay patient, stay positive, and let's get rich together. With that said, I'm going to wrap up this video. I want to thank you all for watching. I appreciate all of you. I'll see you in the next one.