🚨BREAKING: Judge Torres says @Ripple’s Programmatic Sales, the Other Distributions, and Larsen's and Garlinghouse's sales of #XRP do NOT constitute investment contracts. Documents and details to come.
1/ It’s been 5 years since Bill Hinman gave his infamous speech – and through the SEC’s lawsuit against @Ripple (and 7 court orders), we can finally share what happened behind the scenes through the now public emails / drafts of the speech.
ℹ️ The public #XRPL — #AMM (XLS-30)
What makes it superior?
🔸 Layer-1 (Protocol native)
🔸 Continuous Auction Mechanism
🔸 No Miner Extractable Value (MEV) or front-running or sandwich attacks
🔸 Almost no fees
🔸 No replacement but an addition to the CLOB-based XRPL-DEX
#XRP Generational Wealth Cloud
Timing the market is like fishing in an ocean & deciding the age of the fish that u will have 🤣
I 'm still in the camp that #XRP is in the same green zone.
My focus is on Generational Wealth cloud, the below targets r for your attention as well
#XRP MMDTL:
#XRP is consolidating above the MMDTL "Multi-Month Descending Trend Line"
#XRP did not penetrated it since April 2021 & it was rejected 4 times on the weekly time frame.
Now #XRP consolidation on Daily TF is the most #Bullish price action.
Break-Consolidate-Fly
EOS paid a penalty of 0.5% of sales. The SEC is asking for 200% of LBRY sales (yes, 400x more).
The SEC absolutely does want to kill crypto, but in our case, they realize we're a threat to government control over social media.
Ripple: Biggest financial conglomerate of Australia implements 'XRP standard'
CommBank said that starting this month they would leverage Ripple’s XRP to adopt the ISO 20022 standard for cross-border payments. https://t.co/1hd20cyceP