Let's Make Ripple Great Again!! We are a community of XRP and Ripple lovers. We also hate Gary G and the SEC. Bringing you all your Ripple and XRP news.
This moment from the USAID House Hearing is ๐ฅ๐ฅ๐ฅ!!!
โ@elonmusk does have a security clearance, he has a top secret security clearance, by God he makes the rockets for NASA! But the suggestion that he somehow canโt be trusted to dig in to how weโre spending our money is nothing but a smokescreen to hide the corruption and the wasteful spending that has occurred there!โ
NEW: Today @SenatorHagerty introduces his stablecoin bill in the Senate. The bill is called the GENIUS (Guiding and Establishing National Innovation in U.S. Stablecoins) Act and aims to provide clear regulations for stablecoins.
Here are the highlights of the bill which is based off a discussion draft Hagerty rolled out in October.
๐ GENIUS Act provides clear regulations for U.S. stablecoins.
๐ Defines stablecoins as digital assets pegged to the USD.
๐ Establishes licensing and reserve requirements for issuers.
๐ Applies Fedโs rules for issuers >$10B; state rules for <$10B.
๐ Supports financial inclusion, efficient transactions, and dollar supremacy.
#crypto #stablecoins pegged to the USD.
Credit:@EleanorTerrett
The Q4 XRP Markets Report is here: https://t.co/FoAMF4qLZq
The final quarter of 2024 brought key developments for XRP and the broader crypto industry:
๐ 280% price movement โ As regulatory uncertainty faded, XRP demand soared.
๐ Policy shift โ U.S. shifts toward regulatory clarity & banking access for crypto.
๐ Institutional momentum โ 5 issuers filed for a spot XRP ETF
@JoelKatz just posted "If you are buying a house, never ever let the seller choose the title company. It is absolutely common for the seller and title company to silently conspire to hide material defects in the title from the buyer to keep the buyer's agent's business coming."
Your "normie" might take this at surface value. However, I've been in this for almost 5 years. David likes to speak in code. -- I believe that this is insinuating that once titles are put on the blockchain or ledger, they will be indisputable by either party. EVERYTHING WILL BE TOKENIZED!!!!
YOU ARE NOT BULLISH ENOUGH.
Here's a summary of the Ripple and XRP news for today, based on the most recent information available:
Ripple took out a full page add in the Wallstreet Journal today. It even highlights that they are regulated.
XRP Price Performance: XRP has been performing well, with reports indicating that it's up nearly 50% in value since the start of the year. This surge is attributed to a more favorable regulatory environment under the new presidential administration, which has led to increased investor optimism.
SEC vs. Ripple Case Updates: There's ongoing speculation about the SEC's appeal in the Ripple lawsuit. Ripple's case was noted to have disappeared from the SEC's website, fueling rumors of an appeal withdrawal, although no formal announcement has been made. This news has contributed to speculation about XRP's price trajectory, with some analysts suggesting that if the SEC withdraws its appeal, XRP could see significant price movements.
XRP Community Day: Ripple CEO Brad Garlinghouse is set to share insights at the upcoming XRP Community Day, which is scheduled to be hosted on X Spaces on January 28, 2025. This event is intended to foster engagement within the XRP community, with Garlinghouse expected to discuss Ripple's strategic plans for 2025.
Market Sentiment: Despite some market volatility, XRP has maintained a positive outlook, with high buying pressure noted recently. This is partly due to anticipation around regulatory developments and legal outcomes related to Ripple's case with the SEC.
Ripple's Expansion and Acquisitions: Ripple is reportedly considering strategic acquisitions to further cement its position in the crypto world, backed by significant holdings of XRP. This move is seen as part of its broader strategy to expand globally, particularly in high-growth regions like Asia and the Middle East.
Brad Garlinghouse, CEO of Ripple, spoke at the XRP Community Day on January 28, 2025. Here are the key points from his speech:
Crypto Industry Unity: Garlinghouse emphasized the need for unity within the crypto community, criticizing crypto maximalism as counterproductive to progress. He advocated for collaboration over competition, suggesting that the industry can achieve common goals more effectively by working together rather than tearing each other down.
Vision for 2025: He shared his vision for the crypto industry in 2025, highlighting the potential for growth but also the need for a diversified approach in investment strategies within the sector. Garlinghouse confirmed his belief in a multi-chain future, owning assets like XRP, BTC, and ETH, and pushing for a level playing field where no single token dominates.
Government Digital Assets: He discussed the idea of government-held digital asset reserves, advocating for these reserves to include multiple tokens rather than favoring one, to better represent the industry's diversity.
Partnerships and XRP Ledger (XRPL): Garlinghouse confirmed partnerships with entities like ONDO and AXL, focusing on expanding the use of the XRP Ledger, aiming to put the entire world on the XRPL. This suggests a push towards broader adoption of XRP for various financial applications.
Addressing Misinformation: He noted that misinformation is rampant in the crypto space and stressed the importance of clear, accurate communication about the industry's capabilities and potential.
Garlinghouse's speech reinforced Ripple's commitment to advancing blockchain technology through collaboration and inclusivity, while also focusing on expanding the practical use of XRP in global finance.
Today's news on XRP and Ripple includes several notable updates:
XRP Community Day: Ripple hosted an XRP Community Day, featuring discussions on institutional DeFi adoption with participants from Archax, Zoniqx, OpenEden, and Markus Infanger. There are also sessions on XRPL's interoperability.
Partnership Announcement: Ripple and Ondo Finance are collaborating to bring tokenized U.S. Treasuries (OUSG) to the XRP Ledger, enhancing the platform's capabilities for tokenized real-world assets (RWAs) with features like 24/7 minting and redemption using RLUSD.
Regulatory and Legal News: There are posts on X suggesting significant developments in the Ripple vs. SEC lawsuit, with claims that the lawsuit against XRP has been removed from the U.S. SEC website, potentially signaling an end to the legal battle. However, such information should be treated with caution as social media posts can be misleading or premature.
Market Impact: There's mention of XRP bouncing back hard, erasing previous dips, possibly due to Ripple securing Money Transmitter Licenses in New York and Texas, which could be seen as positive catalysts for XRP's market performance.
These updates collectively suggest a day filled with community engagement, significant partnerships, and potential regulatory clarity, all of which could influence XRP's market sentiment and price action. Remember, the reliability of social media posts needs verification from official sources or established news outlets.
MRGA all day!!!!
XRP Community Day kicks off with @bgarlinghouse!
Rippleโs CEO will open the event with reflections on XRPโs biggest milestones, the state of the crypto industry, and his vision for 2025.
Be sure to [lock in] and join us on 1/28: https://t.co/IKSZoCLqls
Starting today, we will be posting breaking news about Ripple and XRP. We will still have our memes and have fun with this, but if we want to truly MRGA, we need to do more than post memes.
Today, Ripple has secured Money Transmitter Licenses (MTL) in New York and Texas, which is seen as a significant step for the expansion and regulatory compliance of Ripple's services within the United States. This development has been highlighted as bullish for XRP, with posts on X expressing excitement about these licenses potentially leading to increased adoption and less regulatory uncertainty for the cryptocurrency.
We are having a telegram referral contest!!! About $800 usd up for grabs. Jump into our TG for all the details.
Join the movement and let's give Gary G and the SEC the middle finger. $MRGA ๐บ๐ธ๐บ๐ธ
Blue check coming back after final approval from the banner change.