The video conflates experimental pilot programs with definitive institutional adoption to fuel speculative hype. It overlooks the strategic reality that major financial institutions are simultaneously developing their own competing private blockchain ecosystems.
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Deep Dive
XRP BREAKING NEWS!! XRP PARTNERED WITH JP MORGAN AND MASTERCARD?!Added:
Holy smokes. It ain't no joke. XRP holders. President Trump continues to rock us, flippity flop us. [laughter] Uh, crypto pumped a little bit, then pulled back. Oil went up and down and just had maybe its 15 wildest hours it's had in a long time.
Plus, Ripple is effectively moving forward and a Clarity Act update that gives us a lot of confidence that it might be coming real soon. All I ask from you, I'm a simple man, is that you give me a beautiful smile to send out those good good vibes. Smishy smash that like button. I'm giving you a challenge.
I know you guys love challenges. Let's try to get 1,500 likes on this video. I know you guys can do it. Believe in yourselves. Okay, I'm talking to you. Yes, you. Okay, now let's get into it. Currently, XRP Oh, wait. Please read the disclaimer.
Currently, XRP is sitting at $142.
XRP actually went up all the way uh towards $145, but you can see that there was a pullback here um around 2:30 my time. It wasn't just of course XRP also Bitcoin went to 82,800 and pull back Ethereum similar right and this all came as uh we saw oil uh coming all the way down right but then as the crypto market selling started selling off it started coming all the way back up [laughter] uh and went from over $100 down to $88 and now sitting at $94 just a crazy uh kind of 24 hours. Um and this came on President Trump first telling us that he was uh going to uh end the epic fury part of the of the mission. So basically there was a statement here um you know says that he could be uh sorry President Trump releases a statement amid reports that deal to end the Iran war is eminent assuming Iran agrees to give what we been agreed to. Epic fury will be at the end. Uh and he says here assuming uh Iran agrees to what we're giving to agreed which is perhaps a big assumption right and you know it's never good to assume anything you know that saying right um they are ready legendary epic fury will be at an end and the highly effective blockade will allow the straight of her to be open to all including Iran. If they don't agree the bombing starts and it will be sadly at a much higher level in intensity than it was before. Thank you for your attention. Right. And of course, like I said, XRP went up and down and um you know, another volatile day here. Um even though if we look at the crypto fear and greed index, we're pretty flat, right?
We're not in the really fear. We're more neutral, right? It's under 50, but 46 is pretty pretty neutral. Um the stock market of course having continued its uh amazing run um with um S&P 500 uh creating new highs, right? and NASDAQ creating new highs every single day. Um, you know, just amazing runs here. But it's interesting because the VIX, the fear index is uh only at 17. So, usually when it's like time of uh, you know, peace and there's no real fear, uh, it will usually sit at around um 12. Like 12 is really things are good.
You can see here uh July of 24, right?
we were at 12 13 somewhere in that range uh December of 24 like those are the zones uh where people are feeling good you know right before the pandemic people were feeling good 12 uh if we go over 20 it's it's pretty it means that things are looking a little bit dicey u and so that's an interesting you know thing to look at where the the markets are right now and and how the stock market is reacting whereas the crypto market again uh is still a little bit you know it had a few days here good days XRP you know had a could say from the support level here XRP ran about 8% uh but you know that's not what crypto holders are looking for even you know the fact is that Bitcoin since the 30th of March is up 25% uh you know people in the crypto market aren't looking for 25% right they're looking because the crypto market is considered a lot more volatile they're looking for those uh big numbers right and listen sometimes they come sometimes they don't Um and right now it hasn't come in a while. You know the big movements, the big candles. Um but again you can use leverage um to you know intensify that. But of course leverage comes with risk. But if you are interested in leverage, our partner BTCC will give you opportunity to do so. We have this special promotion with them.
You can get the VIP status less trading fees uh and also be part of the competition here. The more you trade, the more value you're going to get up to 1,600 USDT. So, link is in description down below. Again, that is an affiliate link, so I will get a commission. Thank you for that. Also, remember 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. So, like I said, this was the the most volatile, right, kind of 24 hours in a while. Trump paused project freedom and then US and Iran closing on one page memo to end the war and then Trump's warning. So he gave also warning that if they don't listen to him and don't agree what he wants, boom, it popped back up. Right. So it's uh been a very flippity floppity day where I got it. I got it. Whoa. The roller coaster um of the day. It has been very very interesting. Uh and we'll see potentially where where the market goes right in the next 24 hours. Again, this is more short-term things. If you're a long-term investor, then it's less interesting. Okay. What would be more effective on the crypto market isum bum the clarity act. [laughter] Uh Justin [snorts] Senator uh Gil Christian Gilbrand says three key issues in the clarity act negotiations are expected to be resolved before the markup. Consumer protections, elicit finance and uh terrorism financing safeguards and ethics provisions for government officials. it can be done by August if we're lucky. Um hopefully right um we can get all these things um and we can get things rolling and before May we can get this already in the banking committee and then the we're going to have the combination remember between the banking committee and the agriculture committee because the banking committee is in charge of the SEC and the agriculture committee is in charge of the CFTC and then they have to combine the two bills and then that has to go to the next F. So this could take a little while, right? But let's get the first step. Let's get it to remember it already passed the agriculture committee the previous version and now the banking committee needs to pass this um version here in the uh the renewed version and so it will be very interesting to see uh what happens here in the next coming days [laughter] next coming days and weeks.
Ripple just got a very interesting meaningful step forward. They say here, "This is a meaningful step forward towards 247 global financial markets by combining the XRP ledger with global banking infrastructure. This pilot shows how institutions can execute crossber transactions in a single integrated flow. And this is um connectis by JP Morgan. Mastercard and Ripple successfully completed a landmark pilot transaction continuing the XRP ledger with interbank settlement rails. The milestone marks the first time in tokenized US treasuries have settled and um vet here he checked on and XRP ledger and he saw that there are two transactions by Ripple that seem to be redeemed uh USG recently as part of the Mastercard and JP Morgan crossber bank settlement funnel. The transaction settled for a fraction of a penny in a few seconds. And so this is huge because remember of course money you know me you uh transactioning transacting dollars of course it's uh it's it's money right but the big money right it's not me sending a you know let's say I'm going to be uh give me a nice number let's say uh $500,000 right it's it's not me right um it's you know Morgan Stanley JP Morgan big company uh um you know transferring a significant amount of money um you know yesterday I was um I went out with the family was like a vacation day yesterday uh and we were in uh in Tel Aviv where and so there's you know we went to this place a lot of high-tech companies and there's a building there it's all Wix which uh recently got sold to Google for 30 billion and they had like their own uh cafeteria with a guard there so people wouldn't come in but then I thought to myself 30 billion you know it's it's it's it's a lot right it's a lot of money but when you think about it right XRP uh is worth uh you know the XRP market cap is aund is 87 billion so and Bitcoin is at 1.63 63 trillion. And then I thought to myself, the US has a $39 trillion debt. [laughter] And then I thought to myself, wow, if you know, Ripple can eventually transfer $13 trillion a year, that is a significant amount of money. I was thinking to myself all these thoughts while I was uh with my kids. [laughter] Um because, you know, um this is this is how my brain works now. Um so it will be very interesting to see, you know, what is going to happen. uh with Ripple and how this is going to affect the price of XRP going forward. Uh this is the whole shebang around XRP is the usage. Um and we're every single day that passes, every single week that passes, we get closer and closer to a a very significant amount of money that is going to transfer over XRPL. Right now it's not that much but in the future the next four or five years the way that Ripple is moving forward the way it's integrating uh it could be significant right um this is also interesting uh 7.9 trillion Morgan Stanley is roing out crypto trading as well undercarding rivals with lower freeze fees now there's a you know there's going to be the the fees fee wars like there was back in the day between Robin Hood and um and Schwab and all the others right when they dropped uh because Robin Hood dro you know came in with zero fees and then of course they made money other ways some people didn't like that how they were making money but um everybody dropped fees on uh stock buying to zero right options still you have to pay a fee but it's pretty low uh and uh now we're going to see the crypto crypto wars right uh so Wall Street bank with e will charge ers users a half% transaction fee undercutting Coinbase Robin Hood and Charles Schwab. The rollout is testing now and all 8.6 million E- Trader users are expected to get access later this year. So again, this could be beneficial for consumers uh and potentially all across the board.
We could get less uh commissions if transaction fees and commissions um if this is the the case. Um and then you can trade more. [laughter] But please trade responsibly, right?
Don't do uh silly stuff. I've done silly stuff in the past. [laughter] I've learned from it. I've learned from it. And that's the most important thing you're going to do. You're going to make mistakes and you're going to have some good trades and some bad trades, but the most important thing is to learn from the mistakes and make sure that the bad trades don't shook, right? Um um you know, go make your account go to zero, right? It's very important because if it goes to zero, that's it. You're you're done. Um and it takes it takes a while to recover off of that. So, just be very careful out there. Okay. Uh, don't forget to smash the like button.
Check out the links in description down below. And did you smash the like button? Did we get to 1500 likes? I'm counting on you. Yes, you, my friend.
Thank you for watching. I hope to see you next time. And like I always say, let's make a lot of money. Yeah.
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