Trump wants to be remembered as the crypto president and make America the crypto capital of the world. By the time his term ends I believe he will make sure that crypto is regulated and gets integrated into the financial system.
There is TRILLIONS → if not quadrillions about to be tokenised on public blockchains like $XRP‼️
@TheDTCC holds a patent using $XRP as a liquidity bridge between markets, and their tokenisation service → built in partnership with @Ripple → launches in July.
If $XRP is used as the infrastructure layer to process just 1% of $4.7 quadrillion (what the DTCC processes annually)
= $47 trillion flowing through $XRP annually.
XRP WEEKLY CHART UPDATE ⚠️⚠️⚠️
After flipping the 2021 resistance as support for a few weeks $XRP eventually lost buying strength and has dipped back below the blue line. Now the blue line at around $1.30-1.35 is resistance again.
Furthermore we are still in this descending channel structure sitting right below the 200MA (red line).
If we don’t get any upward momentum soon. XRP may potentially fall towards the $0.70-$0.90 range before rebounding.
Any positive news on the clarity act can propel us to a breakout and potentially cause violent upward price action. This is all only relevant in the short term as the macro perspective still remains intact. XRPs technology is too efficient and effective to not be integrated into the financial system. It’s not a matter of if but when.
Now 52% of young adults live with their parents, the highest rate ever, surpassing even the Great Depression. The most-educated and most in debt generation in history did everything they were supposed to and got this.
The system. Does. Not. Work
This is the reason the DTCC can move forward with or without the Clarity Act. The SEC has specifically told them that "No Action" will be taken against them as they proceed to launch of their tokenization platform.
This is the reason the DTCC can move forward with or without the Clarity Act. The SEC has specifically told them that "No Action" will be taken against them as they proceed to launch of their tokenization platform.
XRP WEEKLY CHART UPDATE ⚠️⚠️⚠️
After flipping the 2021 resistance as support for a few weeks $XRP eventually lost buying strength and has dipped back below the blue line. Now the blue line at around $1.30-1.35 is resistance again.
Furthermore we are still in this descending channel structure sitting right below the 200MA (red line).
If we don’t get any upward momentum soon. XRP may potentially fall towards the $0.70-$0.90 range before rebounding.
Any positive news on the clarity act can propel us to a breakout and potentially cause violent upward price action. This is all only relevant in the short term as the macro perspective still remains intact. XRPs technology is too efficient and effective to not be integrated into the financial system. It’s not a matter of if but when.
The Clarity Act protects retail investors with real disclosure requirements while removing the regulatory uncertainty that has choked innovation for years. Both things are true.