XRP VICTORY !!!!!

Hinzugefügt: 2026-06-01

[00:00:00]Welcome to the JWK show. Thank you for tuning in. Brad Gerlinghouse, Ripple CEO, has declared victory. In fact, Trump has declared victory and crypto has won against the evil actors. We have Brad Garlinghouse responding to Trump's statements. Brad says, "The anti-crypto army was defeated by the courts, by the voters, and by Trump. It never made policy, legal, or political sense.

[00:00:29]combating financial innovation only helped protect those that wanted to keep an old often broken system in place. And of course, those are some of the Democrats in the banks. And taking a look at Donald Trump's statement, he says Gary Gensler and the anti-crypto army nearly destroyed the American crypto industry by, of course, a Ripple lawsuit, but he doesn't mention that. He says, driving Bitcoin, crypto perpetuals, and innovation offshore, but Trump saved it. America is now the crypto capital of the world and builders and entrepreneurs are coming back to the United States where they belong. Under my leadership, we will codify a futurep proof digital asset market structure that that cannot be undone by the crypto haters such as Elizabeth Warren. And the new frontier finance is being built in America and Trump will never let crypto down. President Donald J. Trump. via Trump on 527 yesterday again confirming America as the crypto capital of the world. And so we do have cryptocurrencies moving back up. XLM up 24% for another reason which we'll talk about in the next video. S um SHX up 13%, HAR up 3% and XRP up 86% but we have seen a nice recovery coming in for XRP. XRP going as low as the $126 mark now trading at $1.31.

[00:01:58]We are getting closer to that XRP breakout. And talking about the Clarity Act, we have the Senates returning from recess next Monday on June 1st. And they will hold two pro-forma sessions on May 26 and 28th. And this means anytime after Monday, June 1st, we could see a big Clarity Act update such as the Senate, such as the Senate floor votes, the full Senate votes, and the Clarity Act is going to pass. It will be law in July, the DTCC, right? The DTCC launching their digital asset tokenization service and the official date beginning by June 28th, 2026. All participants required to engage during the startup regardless of status either testing or real trades across the tokenization platform the DTCC working with Ripple Prime to do so. Ripple Prime using XRP. So with the DTCC mass adopting digital assets tokenization.

[00:02:59]This is a clear sign that we should see the Clarity Act passing by July July around the same date as the launch of the DTCC.

[00:03:09]And from the clarity act on I believe poly market a 57% chance of passing which uh to be honest poly market is manipulated all rate by the 1% and so I wouldn't be relying on uh the passing the clarity act the chances of the par uh the clarity act passing being shown on poly markets but on bloomberg they have said bitcoin and crypto clarity act is now likely to pass before the midterms.

[00:03:39]very very bullish confirmation. Let's take a look at this.

[00:03:43]>> Will be signed into law and will we see that soon?

[00:03:45]>> Bipian support is building. It will impact the 2026 elections. And this is why Trump is so hesitant in pushing not hesitant but so um this is why he's pushing cryptocurrencies as Americans want cryptocurrencies.

[00:04:03]>> Yeah. So we saw Genius um come into or get signed last year. So, that's been a really good thing for the stable coin industry. We've seen more consumer protection with the yield backing and the dollartodoll um requirements with this with the Genius Act. Um, Clarity had a huge week, a huge week two weeks ago, right? So, we had the Senate uh banking committee pass it on a bipartisan basis, which is great. So, now it goes to the Senate Agriculture Committee to combine the two versions of the bill. And, you know, this is one of the biggest moves we've seen for legislation in the US for digital assets um to date. So, we're all super excited about it and the momentum is building.

[00:04:40]Uh, if you look at the Poly Market and the Koshi odds, we're over 50% likely that this is going to pass, which is huge. Um, and the sentiment from a timing perspective is there's a push to get it done before the interims. There's momentum. And if you take a step back and you think about everything that's going on right now in the world, the fact that the administration and um DC is this focused on our asset space, our legislation is huge. It means that it's very important. Again, it's bipartisan, which we haven't seen before. We had two Democrats vote for clarity to move forward, and we're all just very optimistic about it.

[00:05:13]>> Well, maybe they saw what happened in the midterm, not in the midterms, in the 2024 election, and the way that the crypto industry lobbied behind certain candidates and spent many, many, many millions of dollars.

[00:05:24]>> It was the largest single issue pack donations that we had seen. It 100% drove the election results. Like, there's no question about it. So, um, digital assets are here to stay.

[00:05:35]blockchain is here to stay and I think we're starting to see support on both sides of the aisle.

[00:05:39]>> Is that a >> right Trump pushing cryptocurrencies will help him gain more votes.

[00:05:44]>> Good thing though and the reason big picture I ask is because it's like we hear about money and politics and this is like you know this is sort of getting out of our our our lane here a little bit. But if it is if it was the single biggest issue you look at the issues that are at least in terms of money. You look at the issues that voters care about and it's like it's affordability and you know it's it's a hard line to draw draw that that you know puts this and and makes gas cheaper.

[00:06:09]>> Yeah. 100%. And you know there's a lot of controversy around it. One of the biggest issues that what you saw on the Senate floor when they were voting on clarity two weeks ago was ethics. It was you know KYC and AML. Are investors protected? Is DFI really the right answer? So there's definitely some controversy around it. And to your point Sam I agree. economics, affordability, the price of milk, super important.

[00:06:30]There was just a ground swell for the voting base in terms of crypto and that just shows the generational shift that I think is happening right now. I want to ask about digital asset treasuries because one could argue to pentar >> and even from US treasury secretary demanding the senates to pass a bitcoin clarity act >> administration's been very clear there will be no central bank digital currency which I think the is would be the first step toward tracking so >> that is big as well no CBDC's >> we have taken that off the table we 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 are what will ensure good standards for these 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 on shore so I would encourage encourage the House and the Senate to get clarity done.

[00:07:42]>> Just like the space race, we have the crypto race. And again, no central bank digital currency. And the most important thing we can do is to make digital assets come into the US, not by forcing them out, which again we've seen with Gary Gensler and the Prior SEC administration. And we have from CFDC chair Mike Celique. And that is the current administration building a pro- crypto army to ensure that individuals private assets and property rights are not seized by the government. Trump also fighting for our right to hold digital assets ourselves. That's it for the video. Hope you guys enjoyed and I'll see you guys in the next one.