BOOOOOOOOOOOOOOOOOOOM!!!!
@Ripple has joined ISDA. It's the DERIVATIVES market (1.2 Quadrillion) #XRP
• BlockRock
• Société Générale et al
• directors J.P. Morgan
• CME Group
• Citi
• Goldman Sachs
• BNY Mellon
• London Stock Exchange
• BofA
1000+ Institutions are members / 79 countries! 🚀📈
Here's a guide for all major corporates, shipping companies banks and other liquidity providers who want to go MLETR compliant with @XDCTradeNetwork integration with @IMDAsg TradeTrust
https://t.co/TA3rnm6cJG
What does the ruling in the SEC vs. Ripple et al case mean for retail holders of XRP?
There is excitement in the community after the news broke yesterday.
However, there is a key element that has not been widely discussed.
A 🧵🪡 on what the ruling means for the XRP Escrow.
VCs, institutions can not buy #XRP from #Ripple because OTC sales are investments contracts by the law. But on the open market #XRP is not a security by the law, so buying #XRP is legal and it’s not a investment contract.
Big buying pressure on the open market from institutions is coming but they will never buy at the top. They will crash it down to enter the market. And then we will have the same explosion as 2017! 3 digits for #XRP late 2024 max 🤫
The buying pressure will be the catalyst 🌊
Every month #Ripple sales 200/300M #XRP imagine this amount will be bought by institutions every month on the open market or even more 🤯😱
Short term we could see 1.40$ it’s the top of the historic 2018 trend. After that I see a nice dump (higher low or a sharp lower low) before the big impulse to the moon.
Guys nothing left ! Juste a bit of patience and we will be set for life ❤️🍾💯👏🏻
Hoping yesterday’s decision is the wake-up call that Congress needs. This ruling directly undercuts the SEC’s claims that nearly all tokens are inherently securities – likely to set a positive precedent for other digital tokens in the US.
BOOOOOOOOOOOOOOOOOOOM!!!!
In a significant development for the cryptocurrency world, the Bank of Japan (BOJ) has announced its decision to leverage @Ripple's digital asset, #XRP, to streamline cross-border payments! 👀🔥
https://t.co/5CuVTJ2Wnl
We said in Dec 2020 that we were on the right side of the law, and will be on the right side of history. Thankful to everyone who helped us get to today’s decision – one that is for all crypto innovation in the US. More to come.
I’m a lawyer.
I use ChatGPT daily.
I feel like causing some chaos in my profession.
The following is PART ONE of a series I’m calling:
“Things ChatGPT can do right now that (maybe) you no longer need to pay lawyers for!”
[*Please see the disclaimers at the end]