Globalization is not good.
It increases inequality, destroys local jobs and industries, exploits cheap labor in poor countries, weakens national sovereignty, harms the environment through increased shipping and production, and makes economies more vulnerable to global crises.
Globalization has FAILED.
Secretary Lutnick at the World Economic Forum:
“The Trump Administration and I are here to make a very clear point—globalization has failed the West and the United States of America. It’s a failed policy… and it has left America behind.”
America is done exporting jobs and offshoring its future. We will no longer give in to globalization.
Our third roundtable on crypto regulation begins at 1 p.m. ET today. A live webcast will be available on https://t.co/kacEcVjwPi.
https://t.co/EuwqRHLbDy
There is more going on here, but I'm going to leave it there for now.
I know there are folks who will be upset at me for going public, and that's okay.
I love the President, and have supported him publicly since 2015. I worked for him loyally for all four years. And then supported his re-election from the start.
Why?
Because I not only believe, but SAW FIRST HAND that he can Make America Great Again.
He can end the useless killing.
He can restore our economy.
He can "promote the general welfare" of American citizens. Make it easier for folks to live a good and honest life.
He can help us get our food system back on track.
And more.
But that starts with good staffing.
God Bless America.
-Josh
PS - If you want to help, retweet the top tweet. https://t.co/lDYOEkDeoi
Potential for ETF Conversion.
Grayscale has a history of converting its trusts into ETFs, as seen with Bitcoin and Ethereum. The introduction of an XRP trust could be a precursor to a potential XRP ETF, which would broaden XRP's accessibility to retail investors and potentially drive further demand and price increase. Grayscale has outlined a four-phase product life cycle for its trusts, with the ultimate goal of converting them into ETFs.
Grayscale XRP Trust is open to eligible accredited investors seeking exposure to $XRP, which powers the XRP ledger, a distributed network used for cross-border payments.
Learn more about Grayscale XRP Trust, see important disclosures, or reach out to us: https://t.co/2gq5w3Fbpj
Why XRP is pumping?
👇👇👇
XRP's price pump today can be attributed to several factors based on the available
1. Regulatory and Political Developments:
- There's anticipation around potential regulatory changes with the incoming TRUMP administration. Posts on X suggest that a crypto-friendly environment under the new U.S. administration, particularly with DJT win in the 2024 election, is boosting investor sentiment. The expectation is that this could lead to a more favorable regulatory landscape for crypto like XRP, which has been embroiled in legal battles with the SEC.
2. Ripple's Strategic Partnerships and Product Developments:
- Ripple has announced significant partnerships and product launches that could drive XRP adoption. For instance, there's mention of Ripple obtaining a license in Dubai and launching a tokenized money market fund on the XRP Ledger in collaboration with Archax. These moves are seen as steps towards broader institutional adoption, potentially increasing demand for XRP.
3. Market Dynamics and Technical Analysis:
- XRP has shown a bullish trend, trading significantly above key moving averages like the 50-day and 200-day EMAs. The market structure, including high open interest and a bull flag pattern on the daily chart, suggests a potential for further upward movement. Technical indicators like the Relative Strength Index (RSI) being overbought also indicate strong buying interest, though this could also signal a possible pullback.
4. Escrow and Supply Management:
- Recent posts on X highlight that Ripple has put almost all of its XRP back into escrow, which reduces the circulating supply and could lead to price increases due to scarcity.
5. Legal Victories or Progress:
- There are indications from social media and news sources that progress or perceived victories in Ripple's legal battle with the SEC might be contributing to the price surge. This includes the narrative that XRP might not be classified as a security, which could clear regulatory hurdles for broader use.
6. General Market Sentiment:
- The broader cryptocurrency market sentiment seems positive, with other cryptocurrencies also showing gains, which could be indirectly supporting XRP's price increase. However, XRP's performance today outpaces many others, suggesting specific catalysts related to its ecosystem.
These factors combined create a scenario where XRP is experiencing a significant price pump, driven by both fundamental developments and market psychology. However, it's important for investors to consider the volatility and speculative nature of cryptocurrency markets when interpreting such movements.
Charles, it took only an election for you to go from ZERO vision and ZERO journalistic curiosity about the @SECGov and its godless banking handlers being dispatched to assassinate @Ripple while they conducted an inter-agency #ETHGate War against virtually all legitimate blockchains EXCEPT #Bitcoin & #Ethereum. Just too hard to see what was happening, huh?
How convenient for you and your Wall Street buddies to “see no evil” for FOUR YEARS, only to now suddenly “act” surprised to learn that “maybe” the Ripple & XRP protocol might have had true legitimacy and merit now that the SEC, DOJ, FBI, JPM, CCP & main stream media assassins are soon to be exposed & neutered by Trump. The timing here is amazing.
Just after @GaryGensler, Hillary’s ex-CFO who committed treason by writing the $1 Million “RUSSIA RUSSIA” Hoax Check to destroy @realDonaldTrump in 2017, announces his resignation.
Maybe you could invest $16.99 to watch “#RIGGED From The Start” by @Fruition_Films at https://t.co/aUyWwqrj3t?
You’ll see Journalism at its’ finest.
Cc: @FoxBusiness@CNBC@WSJ@washingtonpost@nytimes@business@federalreserve@jpmorgan@VitalikButerin@ethereumJoseph@IOHK_Charles
🔥 @CGasparino
** @StevenNerayoff@DOGE@JDVance@DonaldJTrumpJr
@
🚨 BREAKING: RIPPLE SCORES BIG IN XRP VS SEC LEGAL WAR
Ripple just got a major boost in its fight with the SEC—a U.S. court approved its request to speed up the final judgment in the XRP lawsuit.
The case, which has been dragging on for years, could now end sooner, especially with SEC Chair Gary Gensler stepping down in January.
Meanwhile, XRP surged to $1.46 after hitting a 3-year high of $1.63 last week.
Sources: Coinpedia, Reuters.
New user comes into crypto.
They’ve heard about ethereum.
They buy $100 on coinbase.
Send it to MetaMask.
They want to buy a meme coin.
They buy $83 worth with $17 in gas fees.
It goes up 20% and they sell back to $ETH with another $17 fee.
They now have $82 in eth.
Welcome to the future of finance.
As many of you know, I sold 40,000 ETH at about $1 to put solar panels on a house I no longer own. That ETH was worth over $100 million shortly after. 1/5