Welcome back to the show everybody check Out these headlines we have for you Today Elizabeth Warren new Bill de facto Ban on crypto we're going to take a look Here R3 temeno cbdc's in the bis but What about Ripple well we're hanging There we're going to show you Stellar Ripple Iota and a trillion dollar market We got Ripple xrp we got t plus one Settlement time and guess what else the FX markets you need to see this and how About this from the Bermuda Triangle to A 27 xrp somebody rolled that beautiful Intro Thank you [Music] [Applause] [Music] Come on in [Applause] Welcome back to the show everybody you Could follow us on Twitter and YouTube For exclusive content right now it's 1.23 trillion dollar market cap for Crypto it is off by 1.6 good morning Everybody Bitcoin now 28 599 and 85 Cents ethereum is 18.50 and change Tether market cap 81.8 billion plus ladies and gentlemen Xrp 46 cents this morning it is off by 1.8 percent of the 24 hour we'll keep an Eye on it ladies and gentlemen if you Haven't done it what are we looking at We're looking at link two which provides
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The best opportunity both for investment Opportunity to get in what it takes for You to get in the amount of money and Being accredited they're doing Everything they can to democratize Finance and bring you the best private Equity opportunities on their platform Don't believe me go check it out for Yourself click the link underneath the Video and you'll see link to itself poly Sign ripples there Dapper we got Ledger Is there Samba Nova and Jane Alice is When it's actually not sold out You got to get these things quick Because it doesn't last long and so so Many more upholds gone right now but you Got to watch these things you know you Gotta strike like a line in the bush Make sure you get accredited fund your Account you can do it all with link to Click that link underneath the video Meanwhile Patrick McHenry said that the House expects to have a crypto bill in Two months but wait ladies and gentlemen There's more Senator Elizabeth Warren is pushing a de Facto ban on crypto in the United States Take a look at this Shout out to Jake travinsky for this one Here He says the bill would ban the Run-of-the-mill crypto activities Associated with cryptocurrency such as Staking and Mining
What in the world are we talking about Here let me just check this volume here One second ladies and gentlemen make Sure this is right okay so there we go I Think that is absolutely right I thought My volume was a little too strong there Let me see if I can just adjust it a Piece Okay hopefully that's not too hard on Your ears if you're wearing earbuds but Senator Warren's bill would impose a de Facto ban on cryptocurrency in the U or Crypto in the USA criminalizing Criminalizing all sorts of legitimate Activity like Mining and staking while Doing nothing to actually combat illicit Finance it's no surprise she's having Trouble finding co-sponsors you know This is the danger here in Congress you Know oh my goodness I mean Jay Clayton May have been the one that dropped the Lawsuit on Ripple over xrp but even he Knew that you have to embrace this Technology you can't just try to ban it It will innovate around you how long is It going to take before we all figure That lesson out Meanwhile banks are figuring it out Because r3's ecosystem participant Temenos here unveils cbdc developments After proving integration of its leading Banking platform with multiple multiple Dlt-based cbdc technology Stacks all in Collaboration with R3 harnessing power
Of Corda now we all know Corda is obviously really really uh a a A a a platform for all the customers to Upload onto and then they can have Access to digital assets per settlement Along with being on the quarter platform So with that being said temenos working With them if you go into this article it Talks about teminosa's relationship and What they've been working on central Banks globally cbdc strategies it does Mention in this article that working With the bis and cbdc projects globally Leveraging R3 as well it goes on to say They're also exercising uh work on top Of ethereum's uh erc20 token standards And things of that nature does not Mention rip or xrp at all but I want to Show you this as a reminder this is a Temenos video here shout out from Bank Xrp back in the day putting this up Teminos t24 Ripple rate in the middle of It all So don't get lost on whether you see it Written in there or not we know that There's a relationship now how deeply it Isn't still involved today well we we're Retail investors we don't get to know That but that's where speculation and Investment comes in you got to make up Your own mind I can't do it for Everybody I know where I'm at and I'm Not encouraging you to do anything other Than to pursue your own information and
Figure it out on your own whether you Think it's right for you so 1.4 trillion dollar asset manager Franklin on chain U.S government money Fund fob XX is the first U.S registered Mutual fund to use a public blockchain To execute transactions and record share Ownership but it's not just Stellar Ripple Iota are in the same boat to Conquer trillion dollar market with Swift under the iso 20022 regulation if You look at this very quickly here it Says here Ripple Iota offers solutions That could serve untapped industry Should all networks come together and Meet the needs of the demographics to Industry billions of dollars could be Recorded in Revenue Low value cross-border payments are the Lifeblood of the global economy from International business conducted by smes To overseas purchases from consumers and Remittance flows these transactions have A real and tangible Impact on people around the world yet The low value payment space is often Overlooked when considering the broader Payment ecosystem according to recent Reports Ripple Iota and Stellar are set To work with swift under the iso 20022 Regulation come on in other Market Infrastructures also across the world Namely in the Nigeria interbank Settlement system known as mibb or and
By And by nibs yeah say that five times Faster certainly the Federal Reserve in The Bank of England all collectively Made plans to move to ISO 20022 between The years of 2022 and 2025 again Confirming what we know is a co-existing Phase in the is where we're at as far as Swift says in the transition from the Mtmx language to the Ripple I um to the Swift ISO 20022 standardization so Thanks to Ripple's membership in the iso 20022 membership using Ripple net Customers can connect to different Global financial institutions while Using a single standardized API to carry Out the counterparty transactions that's What's happening ladies and gentlemen And a reminder from a couple years ago a Few years ago now Consumer Financial Protection Bureau approved such as Virtual companies they said as such as Ripple for the use of cross-border Support and transfers with the virtual Currency xrp Keep that in mind through all of this Lack of clarity now I showed this over The weekend but I took out a little Teeny clip of this that really started To hit and resonate resonate with me After I did the video and shout out to 801 for this but this is Marianne Morrow Chairman CEO and founder of the ninth Gear uh sifma which is working on a
Project with the DTC and a Deloitte to Move markets to t plus one settlement Time and it's something that's going to Be mandated now I wanted to pull this Out so you could see this because it's Important that you catch this clip take A listen here Um it is somewhat aspirational that this Is going to happen in the fall of 2024 It might get pushed out but it's a great Thing and I'm keeping a keen eye on that Because there is this cascading effect For other types of issuances when the Equities Market moves to t plus one the FX Market is going to need to coincide With those Cycles so it is markets going To need to coincide with those Cycles The FX Market is going to need to Coincide with those Cycles the FX Market Is going to need to coincide with those Cycles so it is a good step in that Direction and and it's something that is Really critical to have Regulators look At this to move the markets to that way To mandate it How about that Right FX Market is going to need to coincide With those t plus one settlement time Cycles Well interestingly enough The xrp Ledger Is the World Exchange The decentralized World Exchange and it Actually works right
This gets very exciting to me because I Know that there's only a few different Value protocols that can really say that They're suited to serve in this role And certainly The xrp Ledger is one of Them no question about it and I find That to be very exciting for me now Really quickly here will all of this Fundamental news lead us to a 27 blue Ocean well I like that reference Xrp Well looking at this and I want to read This from egg rat crypto shout out to You it says xrp Bermuda Triangle which We are stuck in right down here this Little spot right here right It says right here uh this chart Bermuda Triangle chart is a combination of Previous charts and key factors stated By himself he says here uh xrp price Will disappear from the Bermuda Triangle And will never be seen within the Triangle The seven arcs provide the FIB Circle Price targets equilibrium is the market Clearing price that xrp should be in Atlas line is the xrp most losed Atlas Line by all mean must lose the atlas Line by all means final wake-up line is The door that will put xrp in the most Fierceful area the Red Lake which we see Right here right Then he says the stratosphere is the Portal that will slingshot xrp price or
Will block it for multi months Blue ocean is the place where sharks and Whales will start coming to swim And what an incredible analogy and Layout he's got here for all of us this Stuff helps me understand There's no guarantee here but he's Showing you the indicators of the charts And the areas that are critical that we Pay attention to And I find that to be extremely helpful Not Financial advice for me or him or Anyone else just my digital perspectives I'm ready where's that ruling at we need Judge Torres today's a great day for an SEC Ripple case ruling I'll catch all of You on the next one
