HUGE news! @Ripple just received conditional approval from the @USOCC to charter Ripple National Trust Bank. This is a massive step forward - first for $RLUSD, setting the highest standard for stablecoin compliance with both federal (OCC) & state (NYDFS) oversight.
To the banking lobbyists – your anti-competitive tactics are transparent. You’ve complained that crypto isn’t playing by the same rules, but here’s the crypto industry – directly under the OCC's supervision and standards – prioritizing compliance, trust and innovation to the benefit of consumers. What are you so afraid of?
The new Bored Ape Yacht Club store is here, open year-round for the first time.
Everyday classics, seasonal member-exclusive drops, and no more waiting for the next merch window.
Opens December 10th.
🚨𝐗𝐑𝐏 𝐒𝐔𝐏𝐏𝐋𝐘 𝐒𝐇𝐎𝐂𝐊 𝐀𝐋𝐄𝐑𝐓: 𝐄𝐱𝐜𝐡𝐚𝐧𝐠𝐞 𝐁𝐚𝐥𝐚𝐧𝐜𝐞𝐬 𝐂𝐎𝐋𝐋𝐀𝐏𝐒𝐄 𝟒𝟓% 𝐢𝐧 𝟔𝟎 𝐃𝐚𝐲𝐬 😳🔥
Fresh data shows total $XRP on ALL exchanges has fallen from 𝟑.𝟗𝟓𝐁 𝐭𝐨 𝐣𝐮𝐬𝐭 𝟐.𝟔𝐁 𝐬𝐢𝐧𝐜𝐞 𝐒𝐞𝐩𝐭𝐞𝐦𝐛𝐞𝐫.
That’s 𝟏.𝟑𝟓 𝐁𝐈𝐋𝐋𝐈𝐎𝐍 𝐗𝐑𝐏 𝐫𝐞𝐦𝐨𝐯𝐞𝐝 from public order books… 𝐢𝐧 𝐭𝐰𝐨 𝐦𝐨𝐧𝐭𝐡𝐬. 🤯
This is the sharpest drop in years… and it’s happening exactly as ETF demand begins to build. 📈
🔵 𝐒𝐞𝐩𝐭 𝟐𝟏: 3.95B $XRP on exchanges
🔵 𝐍𝐨𝐯 𝟐𝟕: 2.6B $XRP on exchanges
➡️ A 𝟒𝟓% 𝐜𝐨𝐥𝐥𝐚𝐩𝐬𝐞 in available sell-side liquidity
With supply drying up, even normal buying pressure has been moving price faster. 𝐀𝐝𝐝 𝐄𝐓𝐅 𝐢𝐧𝐟𝐥𝐨𝐰𝐬 𝐨𝐧 𝐭𝐨𝐩 𝐨𝐟 𝐭𝐡𝐢𝐬?
Yeah… this is how real supply shocks start. 🚀
📊 INSIGHT: $XRP RESERVES PLUMMET ON BINANCE
Binance reserves are dropping fast as long-term and institutional buyers accumulate XRP.
Long consolidation periods in XRP followed by squeezes above key moving averages have historically been followed by strong moves.
The most recent reading shows reserves near 2.7B XRP— down sharply from early October levels.
Typically, shrinking exchange balances signal that long-term holders and institutional buyers are absorbing supply faster than traders are returning it to the market. This trend aligns with increased spot #XRP ETF inflows— which logged more than $21M in inflows on Wednesday.
Chart: Crypto Quant
Are we seeing BTC money rotating into XRP? 👀🔥
A massive transaction just hit the XRPL: 110,193,345 XRP moved in a single transfer.
Sent from BTC Markets processed for just 0.01 XRP in fees.
XRPL doing what it does best: speed, scale, efficiency. ⚡️
OHHHHHHHHHHHHHHHHHHHHH FUGGGGGGGGGGGGGGGGGGGG
RLUSD JUST GOT APPROVED AS COLLATERAL IN ABU DHABI
BIG BANKS CAN NOW BORROW BILLIONS USING IT AS SAFE, REGULATED BACKING
RLUSD IS NOW AN ACCEPTED FIAT-REFERENCED TOKEN FOR LENDING IN THE UNITED ARAB EMIRATES
🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥
BREAKING: The 21Shares $XRP Spot ETF (ticker: TOXR) has received official approval and is set to begin trading on, November 29.
This marks another major milestone in expanding institutional access to $XRP.
Short term - here’s what I see happening.
During ETF trading hours, the price goes up.. doesn’t need to be a ton, like .10c to .20c which makes the performance of the XRP ETF’s look phenomenal.
Then, like now.. after hours it goes flat OR even dumps. But we go right back up for the next trading day.
This builds up momentum and the narrative for a full price explosion in a few months or less.