XRP JUST IN!! XRP EXPOSED! SEC CONFIRMED CLARITY ACT?!

Added: 2026-06-06

[00:00:00]Did the SEC chairman just give us a hint to what's going to happen with the Clarity Act? Plus, longs got liquidated.

[00:00:11]But is this the bottom? And Ripple CTO tells us what the future is bringing.

[00:00:18]And did Cardano founder just quit or he's staying? Hello, beautiful people.

[00:00:24]Shalom, money makers. Oh, and also Sailor confirmed that I was right about Elon Musk. [laughter] Hello, beautiful people. Shalom, money makers. Let's get into it. Please read the disclaimer.

[00:00:41]So, as we do on Saturday, this is going to be slow and steady. We got a lot to talk about today. Um, so sit back, relax, get some popcorn, uh, maybe some milk duds, put them together, heat them up in the microwave, get that nice, uh, you know, uh, melted chocolate on it, [laughter] sweet and savory. Right now, uh, XRP is sitting at $1 and 93.

[00:01:10]We did see the crypto market drop down here to a new low just a few hours ago uh while I was sleeping there. Um I kind it was funny. I woke up uh just as it was was pumping. I was like, "Oo, [laughter] what's going on?" Um but uh this was at 8 a.m. my time and you can see we had the the uh previous support level break down again. It was again not just XRP but also Bitcoin that actually dropped under 50,000 once again.

[00:01:41]Ethereum dropped as well. So you can see right now uh the crypto market is moving at a similar cadence right again but what is the difference is the uh liquidations.

[00:01:53]So each asset has its own you know liquidations. Um XRP has seen 10 million liquidated over the last 12 hours whereas Bitcoin and Ethereum seem much more uh significant. And in general, we've seen 1.4 billion in the last 24 hours. And totally over the last 5 days, um we've seen 5 billion on leverage long positions only been liquidated with daily peak losses peaking above $400 million on June 4th and 5th.

[00:02:24]Interesting. June 4th and 5th. Think about that for a second. When was the last time we had those big sell-offs was February 5th, right? And and then sixth it bounced back. So maybe to right maybe uh this time uh February 6th, right? Uh to June 6th. Uh so maybe that's some kind of signal uh that maybe I don't know. I just I just thought about this right now as I was talking. Um could this mean, you know, a signal here? Uh we'll potentially see. Now, I did open up uh a small position here on uh BTCC uh to go long uh on Ethereum. Uh if you are interested, uh you can sign up using my link here in the description down below. Um and you can potentially take advantage. Uh I was looking at it, I woke up, I was like, "Okay, maybe we'll have some momentum here and we can have some recovery." I took a stop loss to, you know, not take much risk here, but uh we'll see what happens. again BTCC.

[00:03:22]This is the exchange that I use. Uh if you sign up using my link, I'll get a commission. It is an affiliate link.

[00:03:27]They are a partner of the channel. Uh but please, please, please trade responsibly, right? I have that stop-loss there. That, you know, I'm I'm being responsible. I'm not going all willy-nilly [laughter] with uh so if you're interested, you could go short if you want. You can go long if you want, whatever your heart uh desires. Okay. Um so right now it will be very interesting to see what happens here uh in the market just from a price action uh point of view. If we take a look here uh and we look at the uh fear and greed index very interestingly it didn't drop under 12 which is super super interesting because if you remember uh back in in March we dropped to single digits March April and now we're at lower levels and we're stuck at 12. Very interesting. So what does the market think? What is the market telling us?

[00:04:15]Could we potentially be on the the bottom here? And that's why people aren't that fearful maybe.

[00:04:22]Or maybe it's the Clarity Act that's holding some juice here. So people are still optimistic about the potential of the Clarity Act. And maybe that's why the fear isn't at, you know, as extreme as it was back in April there when we saw single digits. Could be. Uh the SEC chairman just tweeted out after the US uh Securities Exchange Commission Twitter account says, "The Lincoln Memorial reflecting pool is back to reflecting the full might of our great nation." And then what does the chairman tweet out? He says, "Clarity in our regulatory frameworks, clarity in our historic fountains and reflecting pools." Right? Let's see how he used the word clarity. He knew what he was doing, [laughter] right? He knew what he was doing. Um, now this, uh, you know, could be a wink wink here situation to the Clarity Act, uh, as we see the days go by. Uh, we've talked about the president wanting July 4th to be the date that he signs the the bill into into uh, existence. Um, we'll see if this happens. I think this next week, the next few weeks as we get more info coming out, what's happening uh with the with the bill, how's the negotiations going about the combining the agriculture part, the FT CFTC part, and the banking committee part, the SEC part uh together and what could potentially uh come of that. We'll find out very very soon. Now, short-term news here, more um that could be getting things kicking off. Iran launches large-scale attacks targeting US forces in Kuwait and Bahrain again. Earlier today, US military intercepted multiple Iranian drones near the Straight of Hormos and Middle East tensions continue to intensify. So, as of two weeks ago when we were like, oh, Trump said, uh we're going to see a you know, peace deal very soon, right? And then what happened? It's been a few weeks and nothing is actually tensions are just getting higher and as the days go by the probabilities the confidence of uh that happening uh continues to go down. So that's that's very interesting and we'll see. Again I'm not a prophet. I don't know exactly how things are going to play out. As always this video is for educational purposes for entertainment purposes only not financial advice.

[00:06:44]Always do your own due diligence before you decide to invest. Very very important. Also remember, I'll never contact you on social media asking you to sign up to anything or to send me anything. Those are scammers. Those are imposters. Please be very careful out there. This is interesting. Uh right now the probabilities of Bitcoin falling below 50,000 this year are rising. There's now record high 65% chance uh on on u you know the what is this poly market um that we'll see that happen. Now, this could be a signal to us that actually we might be potentially going the other direction because when people start everybody starts thinking that something's going to happen, that's usually when the opposite happens because the smart money, the big money sees that it's like, "Ooh, everybody's going uh short. Okay, now I'm going to go long, right?" Um, so this will be interesting. It will be interesting. Um, and Michael Sailor confirmed basically what my theory was behind the current situation. He's saying uh that the upcoming mega IPOs will trigger a massive capital rotation. He says every single investment bank on Wall Street is out there marketing these mega IPO deals. They're selling private public credit in instruments, SAS and anything stable, including Bitcoin to come up with 400 billion in cash. Um, so there's a lot of excitement around IPOs, especially the the closest one, the SpaceX one. Uh, and a lot of money is rotating out into that. Um, and so it's going to be very interesting to see once we're past that and the Clarity Act, what's going to happen in the crypto market, you know. And, uh, Benjamin says here, "Bitcoin year-to- date ROI is literally right at average of prior midterm years. This time is no different." And it's funny because a lot of things are happening similar to previous uh cycles, right? But the only thing that didn't happen was that we never got the banana zone. And the question continues to be, is it because of the interest rates, which could be right, the high interest rates. It could also be because of the ETFs that we saw Bitcoin have a new all-time high prior to the having. That could have messed up things as well. Um, so we'll never know what the real reason was. I still think it was the interest rates, but hopefully we can get a makeup, right? Um, for those of you that are long, if you're uh short, uh, if you're long-term investing, then it's a totally uh different kind of scenario. Now, if you are thinking about long-term investing, about long-term and your future, our partner, IT Trust Capital, will give you that opportunity. Now, this is an uh conduit that allows you to buy and sell crypto, gold, and silver with your IRA, right? And so, this brings us amazing tax advantages um and low cost, no monthly fee, right? Uh if you don't know what an IRA is, look it up right now.

[00:09:43]This is an opportunity where we can use the factor of compound interest uh with our crypto in order to go to retirement and have the possibility to have a very very nice uh you know um situation.

[00:10:00]Okay. Um so if you are interested in uh something like this you know diversifying a little bit um your portfolio right not having all your eggs in one baskets it's very very important to think about short-term midterm and long-term potential and a crypto IRA is thinking about long-term okay it's not thinking about what's happening right now and with the Clarity Act and everything that we talk about but it's more thinking about what could potentially come in the future. Now this is available only for US residents. So again uh people were in the comment section yesterday. Oh it's not available in uh Canada, right? So it's only available in the US. So if you are interested, it's about 60% of you that watch my channel. Uh link is in description down below. Uh and so um thank you if you do use my affiliate link. I really appreciate it. So if we get back to what's happening, uh XRP plans revealed a midmarket slump.

[00:10:58]Ripple's CTO Joel Catz says enterprises are already using XRP ledger to tokenize real world assets. Next up, tokenized security, money market funds, stocks, and repos and loans. I'm not going to play the clip because there's some snazzy music there and I don't know if it's copyrighted or not. Um, but he basically this is the gist of what he says and he's telling us this is what potentially could happen here for uh XRP in the future. tokenized securities, money market funds, stocks, repos, and loans. Um, so this is the the future and it's interesting. I just saw that uh it was on a Bitcoin conference that there was a lot of panels about tokenization.

[00:11:40]Um, and so I think that's, you know, we talked about how previously stable coins were were the the talk of the town in the crypto market and then it's kind of turned to tokenization a lot because Black Rockck was also pushing this. But I think this is the next jump uh for the crypto market to jump into mainstream into you know big finance. Um it's going to be from tokenization.

[00:12:03]So when we were looking at the graph yesterday, we saw that uh Cardano had dropped uh you know a lot more uh aggressively than uh the other assets right in the top 10 there. And it's really interesting and then I saw that there was rumors that Charles Hawinson was actually uh leaving and it says here huge Hawinson warns of Cardano DeFi shutdowns in H2 2026. Charles says more Cardano DeFi apps could close in the second half of 2026 citing funding, governance, and commercialization problems. Um, and there was kind of rumors uh and he but he came out and he made a a tweet there saying uh no, I'm not leaving. Um, so there were there were some rumors that uh uh Cardano founder was leaving the ecosystem, but he came out and said that no, no. So listen, sometimes those kinds of rumors can come out. Um and uh you know things things start dropping. Um so so you know we have to take into consideration that that's a possibility um you know when we're when we're investing um in the in the crypto market. I'm feeling kind of uh short- winded here. I don't know what's going on with me. [laughter] I've been taking um I have like an I told you I went to the ER. I had some kind of infection and I'm taking antibiotics. Um so I maybe it's doing something to me. I don't know.

[00:13:23][laughter] and something for the infection as well. So, I'm kind of uh really winded. I don't know what's going on. It's like I I just ran a mile.

[00:13:35]Um so, I think I think we'll uh we'll talk later. Um so, don't forget to smash the like button, check out the links to BTCC if you're interested in short-term trading, right? Taking advantage of what's happening in the market right now. Again, you can go long, you can go short. And if you're thinking about long-term, right, your long-term uh crypto portfolio, then you have to think about it capital if you're in the US. Um and um you know, having your assets in that conduit is is you know with the compound interest, it could be an amazing result at the end. Again, both of these things trading and even long-term trading come with a risk. So as always, please trade and invest responsibly. Again, those are affiliate links, so I will make a commission and will help out the channel immensely if you do use my links. Thank you for watching. I hope to see you next time.

[00:14:26]And like I always say, let's make a lot of money.