☆Məntal☆

[Jake Claver, QFOP @beyond_broke]

A client who can't identify the units they sold could be treated as having zero basis. Specific ID needs contemporaneous, lot-level records, and a lot of holders just don't have them.

Start writing it down now, so you see the gaps before tax season, not during it.

[Jake Claver, QFOP @beyond_broke]

XRP is looking more and more like it will claim it's spot as a global bridge asset and possibly be recognized by the BIS as tier-one asset in the future.

[SMQKE @SMQKEDQG]

👇

[SMQKE @SMQKEDQG]

📈

[𝗕𝗮𝗻𝗸XRP @BankXRP]

Let's be honest about what just happened. Senate didn't delay CLARITY they ran out the clock on the only window that mattered.

Comes back in September with 14 working days before midterm mode takes over. After that, nobody's spending political capital on crypto market structure with elections weeks away.

The bill isn't dead. But the runway just got a lot shorter, and everyone pretending otherwise isn't reading the calendar.

[Jake Claver, QFOP @beyond_broke]

Everyone is beat up.

I've talked to so many people that are at the moment of despair in the last couple days.

This is what sentiment at the bottom of all the cycles feels like.

It has me feeling like the bull market is starting, because everyone thinks it's going lower.

[JackTheRippler ©️ @RippleXrpie]

🚨WOW! 🇷🇺 President Putin has signed its OWN version of the CRYPTO CLARITY ACT to DITCH the US Dollar.

The US Senate FAILED to pass the CLARITY ACT before the summer recess.

Russia and China are OFFICIALLY SURPASSING the United States in terms of innovation and technology!

[Jake Claver, QFOP @beyond_broke]

Ripple publishes its RLUSD reserve transparency reports directly at https://t.co/pqiYjJVxem, dated and issued by the trust company that holds the reserves. Publishing the report where anyone can check it is the whole point of a transparency page.

[JackTheRippler ©️ @RippleXrpie]

💥BOOM!

🚨IT'S OFFICIAL: 🇺🇸 Senate Banking Committee Chair Tim Scott says that the Senate will VOTE on the CLARITY ACT this week.

IT'S HAPPENING!🔥

[Nick | Crypto Crusader @NCashOfficial]

Citi, BoA, JP Morgan, Wells Fargo, I mean at this point if you can't see that the entire banking industry is in the process of moving onchain, you have to be blind.

Retail is essentially gone while the institutions are taking over.

[☆Məntal☆ @Spiritwalqer]

@RippleXrpie I thought this happened July 21st?

[Jake Claver, QFOP @beyond_broke]

One reason HNW holders title crypto into a structure: it can open the door to borrowing against the position, not selling. A sale is taxable; a loan generally isn't.

But it isn't free money or risk-free. Collateralized lending carries real risk. Educational only.

[Web3Alert @theweb3alert]

$XDC just ran one of the fastest institutional validator onboarding stretches in its DLT history

From May thru July...

12 regulated firms became masternode validators on XDC Network

Institutions are OFFICIALLY onboard with XDC

Let's run it back & see what's happened lately:

It started in May, at Consensus Miami.

Republic announced they were joining.

One of the largest retail-accessible tokenization platforms in the US, now running infrastructure on XDC.

Animoca Brands joined shortly after.

They already run validators across 34+ other chains.

This wasn't a first-timer testing the waters.

Then Clearpool joined.

$930 Mil+ in loans from their platform.

Choosing to secure the same network that had just crossed $1B in tokenized assets.

BCW Group & stakeFi joined on the same day.

A Hong Kong operator running infra across 60+ chains.

Then June hit, and the pace doubled.

SettleMint joined first.

The team behind DALP, the platform institutions actually use for digital asset issuance.

They signed on right as XDC crossed that $1B RWA TVL mark.

InvestaX, IXS Finance, Blueprint Infrastructure & Hivemind Digital Group, all followed shortly after.

All four, same day.

But we're not done yet.

Then July brought NTT DOCOMO GLOBAL.

XDC's first telecom validator in Japan.

Sitting right alongside the SBI XDC Network APAC joint venture.

On top of this... The news broke shortly after SBI XDC had advanced their joint venture with Toppan around vLEI use.

All choosing XDC, independently of one another.

Reminder... every single one locked a minimum of 10M $XDC just to participate.

The validator set isn't just growing...

It's becoming a map of who's actually serious about enterprise DLT right now.

There's levels to this game.

And XDC has been playing the long term game all along... We're now watching the payoff

[𝗕𝗮𝗻𝗸XRP @BankXRP]

Senator Cynthia Lummis just said the Senate will vote on the Clarity Act before August recess.

“I don’t think we’ll be leaving on Friday… I think we’ll go into the weekend.”

This is the biggest crypto market structure bill in years.
Pass it. 🇺🇸

[Sean McBride @seanmcbride16]

If we don’t get the Clarity Act or the Save Act passed, there will be hell to pay. These degenerate, leeching grifters who call themselves Congressmen think they know better than the people who elected them. That arrogance is the clearest proof they no longer work for us.

[☆Məntal☆ @Spiritwalqer]

@CYRNOS_80 @paulbarron 🤔 Either you dont know how this works or every analyst for and against XRP who would disagree with you are wrong.

[PaulBarron @paulbarron]

Good for $XRP holders!

[Ripple @Ripple]

“Regulatory clarity is the foundation of institutional trust.”

Last month, Ripple received full EU authorization for a MiCA Crypto Asset Service Provider (CASP) license from Luxembourg’s CSSF. 🇪🇺

With our EU EMI license, institutions across all 30 EEA nations can now collect, exchange, and pay out via Ripple Payments in a single regulated relationship.

Regulation-first, ready to scale. https://t.co/lesANFtmhQ

[Jake Claver, QFOP @beyond_broke]

My best guess is 7800-7900 for the top. We will see how that plays out…

@davidcunter, whom I hold in high regaurd disagrees.