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Welcome back to the show everybody check Out these headlines we got uphold and Breaking news did they just confirm fed Now in ripple at xrp transactions oh my Gracious oh my gracious and what about This with the onset of the launch of Ripple's USD stable coin on ethereum in The xrp Ledger will it be used and Become the digital dollar for fed now we Got that and so much more somebody wrote That beautiful Intro digital perspectives with Brad KES Come on In welcome back to the show you can Follow us on Twitter Youtube and dig Prospectives decom for exclusive content Right now 2.67 five trillion dollar Market cap for crypto the market is off By 7% but don't worry we got fantastic News jumping off today it's all about The fundamentals 68,4 for Bitcoin 3,300 Plus for uh ethereum right now 107.8 Plus billion doll market cap for tether 58 cents for xrp at the number seven Spot we're off by 2.8 and a 24 and off By 7.2 on the 7 day let's look at the Range of price very quickly here it is Ranging between 5760 as we sit at 58 we'll keep an eye On it I do want to tell you right now The news news is super exciting about Ripple launching the USD stable coin on Ethereum and The xrp Ledger and let me Tell you something if you don't know
That this isn't good this isn't good for Ripple I don't know what to tell you Yesterday after the news dropped I went And bought Ripple private equity and I'm Telling you you might want to look and See if that's the right decision for you Too uh click the link below sign up and Register at link 2 and get access to Ripple private equity while it's still Available I think we all know what the USD tether digital dollar did for Bitcoin and still does for Bitcoin I Think we all know what Usdc has done for the ethereum network And the Stellar Network and I think We're about to find out what the USD Stable coin that Ripple's about to Launch is going to do for The xrp Ledger Again Ripple equity on link to's Platform I'm just trying to help here Right links underneath the video uhhuh Now let's start right here because we Know the price is ranging lower we're Seeing this and we leave it to the OG Himself EDG rag crypto here who gives us These beautiful colored bands that we Can look at where are we right now well Yesterday we were in the sentiment Zone At the bottom right at about the 60 Cent Range dancing between that and the Flipping zone right and now we're down Into the structural formation Zone at 5758 here so we've been dancing around In here between the flipping Supply Zone
And the structural formation this is Where we are now we know that we've Heard uh from technical analysts that we Get above this macro range or the Certainly the psychological Zone and Forget about it all these upper targets We hear about $120 $180 going up to uh Uh $5 to S 8 10 13 bucks all those Things I think are a very real Conversation once we break out of that Cyle ological Zone but here's where we Sit today so you can see clearly this is Sitting in a structural formation which Is a lot of support you can see a lot of Resistance and support here right Resistance there resistance there right And then support turned into here it Built up off of that right support built Off of here and then up to that so you Can see we've had these touches here That have happened in the 75 cent range We've had three touches where we had That resistance met and then bounced Back and retraced let's see if we hit Here again and regroup whether it's down At the bottom of this range or whether We stop right here and start turning Around let's see if we can get through And poke through this fourth time this Fourth attempt here in the recent days And months and see if we can break Through that macro range and get up into That psychological level that will be Super super fun and this news today is
Super super fun shout out to Luke Thomas We're going to feature him at the end of This video the earthshaker yeah oh I Like what what he says out here today You're going to like it too this is a Reminder from him that xrp has been Added back to grayscale's digital large Cap Fund oh great decision grayscale Loving that for all of us and then here We see uphold launches a new Finance Basket for Xrp uphold is doing so many cool new Things for their customers they never Stop and I can't wait to see the CEO Simon mlin on stage Along with Nancy Beaton Chief marketing And revenue Financial Officer as well And Robin oconnell I mean all of this is Let me tell you something first of all It's no wonder that they're doing Extremely well out here because they Have an incredible incredible team There's no question about it so uphold Launches new Finance basket for xrp and Essentially it is this in a recent post X uphold on X uphold announced pushing Out a new Finance basket on its platform Featuring six assets which include xrp This is super super cool you can see This post right here xrp xlm XTC harar Casper and ads there it is right there Now once you have bought access into These things it's almost like buying Into a a basket or index fund and it
Breaks it up and then puts it into your Account but if you wanted to sell these Things you have to sell them Individually so just keep note of that But what a great idea that they started To put these baskets together for people Who want to say hey you know what you Pick it for me and then I'll invest in The basket right explore portfolio Diversification with baskets super super Cool idea and that builds on the Understanding of this xrp goes instant Uphold enables fast US dollar Withdrawals via fed now oh boy this is Where this is going to get real real Good I love to smell a crypto in the Morning I can tell you that Cryptocurrency enthusiasts are buzzing With excitement as uphold a major US Crypto exchange Confirms confirms a groundbreaking Development fed now the payment system Of the United States Federal Reserve now Facilitates instant xrp withdrawals Directly to select US bank accounts this Advancement allows users to seemly Convert their xrp to USD and withdraw Funds instantly now let me tell you This there's still a part of this court Case that's still going On and we're connected to Fed now which We've known but now they're using It now it's being used this is putting a Lot of credence to uh my speculation
About the idea that they would keep some Kind of legal dog leash hanging over top Of this case for ripple and xrp as they Continue to introduce it into and inside The financial system in case anything Were to go wrong they would have the Ability to legally claw back and address Any issues that's why I believe this Ultimately goes on to the Supreme Court But it won't stop adoption that's how I'm seeing it and by the way and I'm not So married to it that I wouldn't be Happy with a settlement that would allow Us to get to work today at lunch let's Say right so I'm not writing that off I'm just saying it wouldn't surprise me To see that path be taken but this is Absolutely confirmed rumor to reality Here and I know a lot of people were Pushing back but it is very real uphold Confirms fact if you reside in the US And your bank works with fed now or RTP Which is realtime payments you can Instantly withdraw your xrp to USD on Uphold now the question is is are we Going to see the USD stable coin listed On uphold in no time flat that Ripple is About to launch this confirms again Obviously as we just said and went over Shout out to Michael Branch give him a Follow he had sent this over to me this Morning this guy is one of the ogs in This space and you should be following Michael Branch there's no question about
It then we look at this don't forget That PayPal is offering a new service in The USA that allows its customers to Make convenient crossborder money Transfers using PayPal's USD stable coin Launched it by the same company in August 2023 we remember that and you Know what this is interesting too Because coindesk if you watched my first Video this morning put out an article That is claiming basically that Ripple Is failing and that's why it's a last Ditch effort and I'm paraphrasing uh to The tone of what was being set by the Coindesk article you know a Las Stitch Effort basically to save it from itself Because Ripple is not getting the Traction blah blah blah and all this you Know fud fud fud I actually did a post Where I sent coindesk a link to zip Recruiter so they could try to get some Real journalists over There digital Euro Association doesn't Think that Ripple's failing for Launching a stable coin shout out to Bank xrp this is the OG of the space Right here the DEA DEA digital uh uh Euro Association member Ripple said it's Launching a Us doll stable coin making An entry into the $150 billion stable Coin Market which is projected by Ripple To be a $2.8 trillion Market in just Four Years and if that's the case and if
We're at a $150 billion stablecoin Market now with almost A3 trillion Crypto currency market cap for stable Coins to grow in four years to the size Of this cryptocurrency Market is today 2.8 trillion then you're going to have To have a cryptocurrency market to 40 to 60 trillion in just four years and I Don't think you get there without Tokenizing all of the real world's Assets by the way if you want to know How this works with digital money and Dollars here you're going to find out From smoke dog under the existing UCC Which is I think Universal compliance Code I if I think my mind I think that's Right money placed into a bank account Legally becomes a deposit account the Current ucc's Provisions related to Deposit accounts do nothing to Halt the Use of programmable Cbdc as such if a us cbdc were created By a federal law tomorrow it would Instantly be compatible with many parts Of the existing Commercial Code I think it's Universal Commercial Code I think it is so but only if users Choose Or are required to deposit cbdcs Into a bank or Federal Reserve account Which in our opinion is highly likely to Be a part of a cbdc design oh it's Coming that's the point give Smoke Dog a Follow right there now this is back to Luke Thomas ladies and
Gentlemen he says here is fed now going To make the cbdc digital dollar use The Xrp Ledger for this stable Coin and did Ripple settle the lawsuit Against the SEC CU I don't see this Stable coin happening without closure on The institutional xrp Sales check this Out Luke Thomas rightly asked the Question is fed now going to make the Cbdc digital dollar used The xrp Ledger For this stable coin great question Luke Great Question and there you have it it is a Great question and look at this because Other people are asking Who will be the first country to adopt The new xrp Ledger staple coin as their National currency and you know what he Says here once this takes place the IMF Will then be able to hold those Particular digital assets and reserves Well I said to Matthew lii here I said I'll take the United States and fed now For 500 Matthew that's what I'll do and We'll see what happens from there you Know uh whether it's this report from The group of 30 again shout out to Matthew liai which really highlighted We've covered it here multiple times the Group of 30 established in 1978 Independent Global body comp comprised Of Economic and financial leaders from The public and private sectors in
Academia aims to deepen the Understanding and global economic Financial issues and explore International repercussions and Decisions you get the rest of It you remember we've covered it here Coordinating the introduction of a Global official sector stable coins and Then they highlight xrp here who Highlights it the former Governor of the Bank of England from 2019 Mark Carney That's who highlights this Ripple and Xrp that's who's highlighting it and the World Bank has called xrp and xlm stable Coins as well now there are some people Out here Who say the idea of xrp being a stable Coin or a global stable coin is nonsense I say when the World Bank says it and The former bank of England Governor Mark Carney says it to the G30 we better put A wait and see on it what matters here Isn't how you or I see it what matters Is how bankers and Regulators see It that's what matters now Financial Advice of me or anyone else we're going Into the freedom Zone and boy are you Going to want this one today this one's Fun where are all the VCS for ethereum Going to go now that they're staring Down the barrel of a proof of stake Security Designation well we've got a fun take on All of that and it's in the freedom zone
Right now come on In all right
