🔥 BULLISH: $XRP is flashing strong bullish signals, with Evernorth’s $1 billion accumulation and record exchange outflows fueling expectations of a surge toward $3 this November.
🔥 INSIGHT: Ripple’s legal win gave $XRP a regulatory clarity.
Now that institutions are circling and ETF proposals are emerging, it’s becoming Wall Street’s new favorite crypto.
LATEST: 🤝 Ripple, DBS and Franklin Templeton are teaming up to offer trading and lending solutions that use Ripple's RLUSD stablecoin and tokenized money market funds built on the XRP Ledger.
The first-ever $XRP ETF in the U.S. is set to go live on Tuesday. Teucrium's ETF will give investors 2x leveraged exposure to XRP. By @shauryamalwa.
trib.al/RST8gZs
Today, @Ripple announced the acquisition of Hidden Road for $1.25B, one of the largest deals ever in the crypto space. But the price tag isn’t what’s most important – it’s that this deal marks a once-in-a-lifetime opportunity for crypto to access the largest and most trusted traditional markets, and vice versa.
Prime brokers (along with other key functions historically managed by banks for the most part) like Hidden Road have proven themselves as *the* trusted intermediary for the largest hedge funds, market makers, OTC desks, quant traders and more. Ripple has been a customer of Hidden Road for years, and we know their breadth of expertise firsthand, clearing $3 TRILLION annually for 300+ of the top financial institutions globally.
This is the capital and activity that will tap into XRP and the XRP Ledger’s bread-and-butter – instant, efficient, scalable and low cost movement of value. Instead of waiting for <24 hours to settle trades through fiat rails, Hidden Road will be using XRPL for clearing a portion of trades, and most consequentially, using RLUSD as collateral across its prime brokerage services, including cross-asset (crypto and traditional instrument) trades.
With this deal and the backing of Ripple’s significant balance sheet, Hidden Road will exponentially expand its capacity to service its pipeline and become the largest non-bank prime broker globally.
Ripple and Hidden Road combined are a generational leap forward, ready to truly bring the worlds of traditional and decentralized finance together. ripple.com/ripple-press/r…
SEC CASE AGAINST #RIPPLE IS OVER 🚀🚀💥
$XRP WILL Simpsons DO IT AGAIN???
Simpsons prediction $XRP reaching $100,000 per coin and #bitcoin crashing to $1
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I always see comments about how I'm only targeting a $4 #xrp price tag on the next impulsive wave up.
You are obviously not paying attention to what I am saying.
$4 is my MINIMAL target if we see another impulsive wave up, but do we see it in 5 waves? where will the #tether dominance sit? will there be a bearish divergence at $4?
This will be the data I'm looking for to EXIT my $xrp position.
It could be 4, 5, 6, 7, 8, 13 27, who knows, but I'll be looking at multiple data points to validate my sale as I always do.