XRP HOLDERS IT'S TIME TO SAY GOODBYE?! I HAVE SOME BAD NEWS FOR XRP...AND SOME GOOD!

Added: 2026-05-30

[00:00:00]Please read the disclaimer.

[00:00:06]XRP holders, it's freaky Friday and you know what that means, a lot of freaky things can happen.

[00:00:13]Hello beautiful people. Shalom money makers. We got a lot to talk about, so let's get into it. Right now XRP is sitting at $1.31.

[00:00:23]The crypto market continues to be sluggish in its price action. Where if you go to the stock market, it's there's a lot of things popping off. We'll talk about that in the stock market video and I'll I'll remind you about that soon, but XRP and crypto have some signs that are concerning but also some signs that are very very optimistic. We'll go talk about all of these things in this beautiful video and all I ask from you, I'm a simple man, is that you give me a beautiful smile, send out those good good vibes. Smishity smash that like button because Friday likes are for free. Don't say I don't spoil you guys.

[00:01:05]>> [laughter] >> Let's get into it. So like I said, XRP still moving sideways. I think that the crypto market because there's no real catalyst for the crypto market right now outside of two things.

[00:01:20]Uno, right one, will be the fact that will there be interest rate reductions or not? That's one thing that could be affecting the crypto market. And number two is the most important one, the Clarity Act. Whereas in the stock market for example, there's a lot of things that are good right now for everything related to AI and everything else is not doing so great.

[00:01:48]Again, we'll talk about that more in the stock video later today. On the stock channel. By the way, if you haven't yet subscribed to the new stock channel, It's actually doing good, right? You know, like last video got 3,000 views for a new channel, that's pretty good.

[00:02:03]Uh the last XRP video that I put out last night also got 3,000 views. So, I don't know how to think about that. Um >> [laughter] >> It just It is what it is right now. Um I just saw, for example, um a channel uh that was huge, Ilio Trades, um saying that at the height of the Trump, uh you know, momentum, the Trump win, he was getting like 200,000 views a video, and now he is lucky to get a few thousand, and he's kind of shifted his content.

[00:02:32]I've seen this a lot with a lot of creators. It is what it is on YouTube.

[00:02:36]But that's interesting to me that one of the biggest creators, that he was getting, you know, 200,000 views, now is barely scratching any views and has had to kind of shift his content. It's also funny cuz I thought he was like a millionaire, like a hundred million-dollar heir. So, I don't know what's going on there, but it's just funny funny to me sometimes. But anyhoo, um right now, the crypto market, like we said, not a lot of movement.

[00:03:02]Um We are seeing something that a little bit of It could be concerning, but it also makes sense. Crypto fund outflows are accelerating. Crypto ETF posted 1.5 billion dollars outflow last week, the largest weekly outflow since February.

[00:03:18]Right? So, February, you know, we had that uh big pullback, of course, uh you know, right here. And so, that makes sense that February would would have seen a lots of outflows because the beginning of February we had that, you know, what is it, like 30, 40% pullback, right? If we just look at the beginning of February, we were here, and already to the 5th we dropped 30%, but then we did recover. Um the the flows, uh this follows 1.1 billion withdrawn the previous week, bringing the two-week total to minus 2.6 billion, the third largest in the last year. Bitcoin again led the outflows at 1.3 billion with largest sale of 2026. This was followed by Ethereum adds 223 million bringing the total week to 472 million. As a result, Bitcoin year-to-date inflows are down to 2.6 billion. Crypto market momentum has stalled again.

[00:04:06]Why does this make sense? If you're thinking about this, a lot of the AI stocks right now are booming.

[00:04:13]Dell, you know, after President Trump talked about it previously is up 40% pre-market, right? So, when you have situations like that and you have all these stocks that are going wild, it makes sense that people that invested in Bitcoin and crypto in the short term will be moving their assets out to go chase the hot stuff, right?

[00:04:36]But again, it's a lot about diversification. I have my stocks, they are doing very good. Crypto right now, not so much. And that's why again, I am such a big believer in diversification, in putting your eggs in multiple baskets. As always, I just want to remind you this video is for educational purposes, for entertainment purposes only, not financial advice, always do your own due diligence before you decide to invest. I don't remember if I ran the disclaimer there, but I'll I'll add it on later at the beginning if I did.

[00:05:05]So, we'll see what will happen, but listen, the government, the US government, they're trying to push for the crypto market. Again, price action right now, it's sleepy. There's not a lot of sexy things right now in the crypto market, but potentially this could flip really fast. In the next few weeks we could see a flipperoo, okay? US Treasury Secretary Yellen calls on Congress pass crypto clarity act. The most important thing we can do is make digital assets come into the United States. He also talked about a CBDC. Let's listen to what he had to say here.

[00:05:36]>> This administration's been very clear.

[00:05:37]There will be no central bank digital currency, which I think the is would be the first step toward tracking. So, we have taken that off the table. We've passed stable coin legislation with bipartisan and the Clarity Act is now up on the hill and I think it has bipartisan support and the most important thing we can do is to make digital assets come into the United States, make the US the home, our regulation, our best practices or what will ensure good standards for these.

[00:06:10]When you look at digital assets, all the nonsense that happens, all the things you read read about, that's because it's the wild, wild west offshore. So, we got to bring it onshore. So, I would encourage the House and the Senate to get clarity done.

[00:06:23]This administration >> So, you know, he talks about it's it's just what he said, you know, when you hear about Senator Warren and we talked about her a few days ago, trying to stop the Clarity Act.

[00:06:37]All the things that she was, you know, campaigning against, the Clarity Act comes to to give you a little bit more clarity.

[00:06:44]>> [laughter] >> No, but it comes to to give you the roads. It comes to help and to protect consumers, right? She says here, Eleanor, she says "Treasury Secretary reiterated today that will be no CBDC under Trump's administration. However, it's worth noting that the House passed Road to Housing Act included a temporary ban on the Fed issued CBDC that expires in December 2030. That bill is yet to pass the Senate, but Leader Thune has signaled that efforts to enact permanent ban would likely face hurdles from Democrats."

[00:07:13]Some House Republicans have characterized the expiration on the ban as a de facto go live date for the CBDC because it could reopen the door to the Fed exploring one. Fed Chairman Warsh has said that he would not allow the Fed to move towards a CBDC if it was within his power to stop it, but the proposed CBDC ban sunsets in 2030, the same year Warsh's first term is set to expire. So, we'll see what will happen with that.

[00:07:38]Again, a lot of things, a a of the shenanigans that, you know, happened previously um could have potentially been uh capped with a Clarity Act. So, for example, Senator Loomis says here, "Without the Clarity Act, if a digital asset exchange goes bankrupt, consumers have no guaranteed rights on their own assets.

[00:07:56]They join a creditor line with other Wall Street firms and expensive lawyers and hope for the best. This is consumer protection failure Congress must fix."

[00:08:04]So, for example, for example, uh although FTX situation, we had Clarity Act in, would be much easier for the investors to get their um their money back uh from FTX, right? And they are getting, but you see how long it is and how many hurdles have to be jumped through, and not all the assets will eventually be uh released back. And, you know, maybe remember >> [laughter] >> uh a while back when people were like, "Oh, they're going to get it at at uh value it it used to be, right?" And then, for example, like Solana, I think, was at 200 and something, and they were like, "Oh, you know, the value then was it uh >> [laughter] >> it was a a big gap uh between the values. Well, now the market has pulled back a little bit, so I don't know what the values are going to be, but that's going to be very interesting to see uh how that plays out, just because the crypto market pulled back from those highs. Um uh it's I'm laughing, but I'm uh sad inside.

[00:09:02]>> [laughter] >> Um so, we'll we'll see what happens with that whole situation.

[00:09:09]Um if we talk a little bit about the Trump Iran US situation, so far there hasn't been any like breaking news. There was reports last night that a deal is done, but I told you, "Uh I don't know if the deal is done."

[00:09:23]Uh right now, they're saying that Iran says Trump administration is now desperately requesting an agreement multiple times a day through various channels to unilaterally claim a deal has been agreed, with Iran rejecting each of these requests saying it will not respond until Iran's terms and goals are fully achieved and accepted, which is far from the currently reality per a source close to Iran's uh Ghalibaf.

[00:09:46]I think what's happening right now is the yields. Uh the 10-year note is freaking Trump out a little bit and that's why he wants to get a deal done.

[00:09:54]He wants to get uh a 60-day ceasefire extension so the yields can cool off a little bit with this inflation continuing to run wild and oil continuing to stay high. Although, let's check right now where it is. It's at 88, so it has come down, but uh it can it can jump up over 100, you know, very quickly.

[00:10:20]Um so, we'll see what could potentially uh come from that. Um you can see we're basically the lowest levels we've been in a while, um and it will be interesting to see what happens with that.

[00:10:31]The SEC just approved Paxos as the first blockchain native clearing agency in the US, a milestone for crypto and traditional finance converges. So, again, we continue to get the SEC uh making good good strides, good steps forward for the crypto market, uh and hopefully this will will continue.

[00:10:52]But again, something that still concern me is inflation. Uh inflation continues to rise, continues to be hotter than expected. Uh and it's been accelerating over nearly every major category in the US.

[00:11:06]Um and that's why it's so important for us to invest for long terms because, remember, you know, when my grandma was a kid, she's not with us anymore, but when she was a child uh in the '20s and the '30s, uh you know, around that area, '40s of the 1900s, uh a movie cost a nickel or a dime.

[00:11:28]Now you go to a movie, it's like 15 bucks, right?

[00:11:32]Um so, when we are in our later years, maybe it's 50 bucks for a movie, right?

[00:11:38]Uh you know, or maybe there's I don't think there's going to be movie theaters. Maybe there will be when in 30, 40 years, but it will be maybe a different experience.

[00:11:48]But you understand where I'm I'm getting with with inflation.

[00:11:52]It's important for us to continue to invest, continue to uh look for our future, look for our children, look for our grandchildren, right? Because the government is not going to, you know, if you if you're waiting for social security or something like that, that's that's not going to be your answer, right? And people that, for example, 40 years ago didn't buy, for example, assets, right? Um and left their money in the bank, uh their money is maybe, I don't know, if you they left or $70,000 today. But if they bought assets, they bought the stock market, if they bought Apple, if they bought a house, even a house, right? Um would be worth a lot more. So, you know, just we have to learn from the mistakes of the past uh and build ourselves into the future. Okay?

[00:12:45]Don't forget to smash the like button.

[00:12:46]Again, check out the new stock channel.

[00:12:48]Uh we're going to do one or two videos a day according to how much strength I have. I can record four videos a day, two crypto, two stocks. That's my goal uh for the next month. Uh we'll see if I can I can do it. Um and uh and, you know, the stock market is doing very good. Um I know some people can't, you know, think about both, but it's very, very important to diversify and to uh not just crypto, but other assets as well. Okay? Thank you for watching. I hope to see you next time. And like I always say, let's make a lot of money.