Ripple XRP: This Is INSANE — And Most People Aren’t Ready For It!

0:00 As you heard in the very beginning of the video, JP Morgan's Jaime Diamond says that the government shouldn't be stockpiling Bitcoin. We should be stockpiling guns, bullets, tanks, planes, drones, rare earth. Now, what's interesting here, if you know from Trump's new budget, we are definitely having a trillion dollar budget for the military. So, I'm pretty sure we are stockpiling guns, bullets, tanks as a government. But what does Jamie Diamond know? What is he hearing in his secret meetings behind the scenes? Is something coming to the United States that we should be worried about? But when you do a little bit more diving, as you know, he has been a Bitcoin skeptic for a very long time. But we also know behind the scenes, he has been acquiring Bitcoin. So, this is one of those do as I say,

0:47 not as I do scenarios when it comes to JP Diamond. So, Jamie Diamond rather, not JP Morgan. So, it is something that I always take with a grain of salt. you know, whatever your thesis is when it comes to crypto, continue with that. But at the same time, as a citizen, should you be stockpiling guns, bullets, tanks, planes, and drones? That's really interesting take from him. And this was a great post from King Karan right here. Good to see Ripple advertisement on the Las Vegas sphere. As you know or may not know, right now XRP is holding their XRP Las Vegas event. And then we got David Schwarz on the sphere, which is hilarious. obviously photoshopped in there, but that's really really funny. And it even got Brad Garlinghouse to respond. Says, "Love this." As far as this advertisement goes, as you saw in

1:32 the very beginning of the video, Ripple CEO Brad Garlinghouse delivers a powerful message. Bitcoin isn't the enemy. We must work together to grow the industry. And this is the take that I personally have as well. I believe that cryptocurrency is the future as a whole. Some of you guys may be into crypto only for price go up and long-term gains and scenarios like that. But when you actually do a deep dive into understanding of what blockchain technology can do, it will absolutely change your mind to understand that there are different protocols that do different things and we could use all of them. And for those of you guys that are paying attention to the SEC battle, mark your calendars. On June 16th, XRP holders should be on high alert as the SEC must submit a status update to the Court of Appeals. The 60-day countdown

2:19 is nearing its end. So, June 16th, just a short two and a half weeks away from today. This is very exciting that this will finally be coming to a resolution. I also saw this post from Christian Shafoy. Another lesson is about to drop. And if you're not familiar with what's going on, all of the major crypto influencers out there are saying that this bull run is completely dead. As you can see here, altcoin sherpa says it's going down. And these people are talking about down to the 50k ring. Chief rat Bitcoin couldn't break the level. Is it rejecting from here? This gentleman saying, "See you guys at 30K." Now, when you dive into the comment section though, Christian is definitely on the bull post. He continues to think that price is going to go up. And this

3:04 Cantonese cat responded with why do these people other accounts still exist, meaning obviously they made a lot of wrong calls in the past. He says cuz if not then all people would make money in the market, meaning don't follow their advice. Make sure that you follow people that have actually won money in these markets and see the positive things coming for crypto. But these are just four examples. I've seen tons and tons of examples talking about this absolute crash that is coming. And you know what? Bitcoin crypto will crash in the future. I personally don't think it's here yet. The golden cross for Bitcoin has just recently happened. Nearly every time that golden cross happens, there is a pullback in the markets before the extreme explosion to the upside. Not a

3:49 drop all the way back to 50K, 30K as far as coins go. But there are some fundamental things going on in the markets that are shaking up people's trust in the markets staying high because for example Japan Japanese stocks just saw a weekly outflow of almost 12 billion the largest in history and as you know they're also having a credit issue in Japan. Their bond market is also crashing. They're having numerous scenarios going on and they are one of the biggest creditors to the United States. So this is a problem in the world of finance. This outflow aligns with historical trends of capital flight from Japan during economic uncertainty such as the trillion yen exit in April 2024 reported by Reuters driven by factors like currency

4:35 intervention fears and ex dividend stock adjustments suggesting deeper structural issue in Japan's financial system. So we'll continue to monitor this for you as well. Is this a buy the dip moment for people in Japan or are they about to have an actual financial crisis? And more positive news for XRP. The IMF, International Monetary Fund, officially acknowledges R3's integration of XRP. And more exciting news for XRP with potential yield on its way. Uphold said Friday that it was exploring ways of unlocking yield on XRP, including testing staking through the Flare network, according to their ex post. and they said, "Welcome to the world of smart contracts and DeFi opportunities, XRP Army. Stay tuned for the beta." In late 2023, Uphold launched a

5:20 self-custody wallet, Vault, which initially supported XRP token. Flare network is an EVM compatible layer 1 blockchain aimed at enhancing interoperability and data accessibility across multiple chains. The project's total value locked recently spiked after the launch of USDTO, an omni chain version of the USDT stablecoin on the blockchain. Uphold also said they will be relaunching the Uphold crypto debit card, currently only available in the UK, but now in the United States. Uphold's cards, available in both virtual and physical form, allows users to spend digital assets held in their wallet. In March, Uphold reinstated staking rewards for US customers across 19 different digital assets, including Ethereum, Salana, and Near. Staking is a vital part of blockchain governance and onchain economy. Users should absolutely be able to support this activity and

6:07 earn from that support. Uphold CEO Simon Mclofflin said. Uphold also said Friday that direct deposits with rewards is also coming to the US through new direct salary deposit feature combined with industry's first 4% XRP back offer. It said in a statement the company also said users can earn 5% rewards on RLUSD, the Ripple USD stable coin. So very exciting. I know a lot of you guys are XRP army members holding XRP. So what if you could earn yield off the XRP you're already holding? Black Rockck's Bitcoin ETF ends 30-day inflow streak. So, as we showed you in the ETF outflow section earlier, just one ETF block Black Rockck's ETF nearly 12.7 million more than its previous biggest outflow day

6:54 did happen. On May 30th, iShares Bitcoin Trust ended a significant inflow streak with its largest daily outflow, 430 million according to Farside data. Before this, their largest outflow day was February 26 with 418 million. So, as we take a look here at that Bitcoin inflow outflow chart, we can see the week of February 23rd, which included that big outflow day, the entire market did lose $2 bill390 million worth of ETF outflows. The next couple of weeks continued outflows as well and price dropped significantly from $96,000 all the way down to $80,000. Overall, the 11 US spot Bitcoin ETFs

7:39 recorded net outflows for a second consecutive day May 30th totaling $616 million. Bitcoin ETF outflows is not retail panic. The sell-off isn't retail panic. It's literally the quiet transfer of supply to the strongest hands. And the derived founder Nick Forester said despite significant inflows into Bitcoin ETFs, notably $6.2 billion into Black Rockck's Eyesshares Trust in May, Bitcoin's price hasn't experienced a commensurate rise. So, as we talk about all the time, retail investors do not move the markets. Big giant institutional investors do, and that is why you're seeing a drop in the Bitcoin price over the last couple of days because they are selling for taking profits for their clients. We will keep an close eye on this next week to see if

8:26 inflows restart. So, diving into the charts for XRP. As we can see, we do have a nice battleback day. We're up 2.03%. We're sitting at $2.18. To the upside, we do have this resistance that we've been talking about. It was going to turn to support. Unfortunately, it broke down. $2.24 will be our next resistance level. After that, getting back up to this weekly top candle, $245. So, we'll switch to the weekly charts here. We can see that that was equal highs from the previous lower low that happened from March 17th and the week of March 24th before the drop down to our newest low of the area, a $160. Now, when we look at our long-term momentum wave here on

9:11 the weekly charts, we are still bullish. Unfortunately, we have not been able to get that turn back to the upside on our short-term shaft trend cycle from zero to 100. It went from zero and now it's up at five.