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Hello this is Matt on the moon Lambo Channel I don't know who needs to hear This but you don't have much time left To buy xrp not not at these prices Anyway in fact you may only have a Matter of months and I'll explain Exactly what I mean by that I also want To share this article from the daily Hotle salana xrp and one other ethereum Rival leading institutional inflows in 2023 and so this is just more data Showing that money is pouring into xrp And has been throughout the year and Then you saw a ton of money also flow Into xrp after the uh July 13th ruling From Judge Tores xrp International xrp Victory Day um but you've just seen a Crazy amount of institutional money Continue to P in xrp and it's not Surprising it's just nice to see what we Expected would happen under these Circumstances actually happen now that There's that legal Clarity um and then There's also this story and I got to Touch on this uh Black Rock CEO thinkink Weighs in on bitcoin ETF rumor um that's That's from Fox Business now if you want The all the details I'm sure pretty much Everybody's heard by now at least the Headline um if you want all the details As to what happened regarding coin Telegraph uh providing fake news to the World that black Rock's ETF spot Bitcoin ETF had gotten approved if you want all
The the full breakdown on that and how It resulted in $85 million in Liquidations cuz that really did happen Uh and all the Fallout from it and Exactly how it happened check out my Very last video went into great detail Breaking that down for everybody uh Which is not the purpose of this video Uh but just in case you hadn't heard I Needed to at a minimum mention that but It was it's just Bonkers this is real Life sometimes crypto it just it how Many times has my brain exploded being In the world of crypto over the last Nearly six years that I've been here uh Many times more times than I can recall Off the top of my head anyway it's crazy But it's fun I mean it's it's fun to be Here it's crazy despite the bad times um But but all this to say you know know When it comes to purchasing Cryptocurrency including xrp um for Reasons having specifically to do with The inevitable approval approval of a Spot Bitcoin ETF which I I think it's Virtually inevitable anyway for these Reasons there's not much time left to Purchase xrp not at these prices but uh Before expanding upon that before going Any further I do want to be clear I do Not have a financial backround of any Kind I am not offering Financial advice And you definitely should not buy or Sell anything because of anything I say
Are right I'm just an Enthusiast who Enjoy making YouTube videos about crypto Related topics but just as a hobby and Just for fun now as I record this latest Moon Lambo Hot to jam xrp is 49 cents Bitcoin's $28,495 two out of 100 and I wanted to Share this post from the blockchain Backer and this was after it was known That what coin Telegraph reported about The Black Rock ETF it was fake news we We found that out uh the blockchain Backer wrote the funny thing is is the Uh the crypto Market was actually having A great morning before the coin Telegraph news and it's still a good Morning just overshadowed by this Nonsense and so true enough uh you know Bitcoin rocketed up uh to close to $30,000 and before it rocketed up Because of the fake news it was about $28,000 and then it went back down and It's pretty close to where it was before That maybe a hair higher but it's just Fascinating and as I mentioned uh in in My very last video this is proof that The the spot Bitcoin ETF is not priced In in a matter of 10 minutes roughly Bitcoin increased in price 10% close to $2,000 from about 28,000 to about 30,000 10 minutes folks and then of course know Words started to get out to like hey is This verified and uh the answer was no Ultimately and so price quickly went
Back down to where it was before that But in a world like in an alternate Reality where it were the case that that Was an actual news story that was true I Think it just would have kept rocketing Well beyond that cuz again that was 10 Minutes 10 minutes Roughly for for the the bulk of that Needle shooting straight on up I mean Here it is if you want to see here's a Here's a chart here's a 24-hour chart For Bitcoin here you can see got up to Just just a hair shy of uh $30,000 That's 24 hour High I'm circling my moue For those you're looking at the screen Absolutely insane so so things happen Quick in crypto like I always say it Seems impossible nothing's ever going to Happen uh everybody gets impatient and Disgruntled things prices move sideways For too long or are are slowly to the Downside over a span of months ah it's Just getting worse I'm just losing Bleeding out money every day until Suddenly that's not the case which Inevitably happens there's always Eventually a momentum shift one way or Another and then in this case it was out Of nowhere to the upside and so when we Do actually get an approval of a spot Bitcoin ETF it's going to be absolutely Bonkers and it's going to be a Bitcoin Day but we did see that xrp and here's a 24-hour xrp chart you can see the needle
Here for xrp it moved up above 50 cents It it did uh 50.8 cents is what it got Up to according to live coin watch so Directionally xrp did what you'd expect It's just in terms of you know the Percentage gains yeah of course it's It's not nearly the same but again that That's a Bitcoin day when that happens Which is fine I love Bitcoin leading the Market it's I'm used to it I'm very Comfy with it it's not a problem I count On it to happen and then ultimately that Raises the entire market and since There's way less money in xrp that's why There's so much more opportunity in xrp You're going to get a crazy multiplier Effect because there's way less money Invested in xrp on a global scale right Now way and that's it's a good thing That's not a knock against xrp that Means that there's opportunity Here um so then you have this from chart Analyst credible crypto shared the Following with his 346,000 Followers I don't know who needs to hear This but you don't have another 6 months To accumulate before some POS having Runup into 2025 do do you get it now and he's Talking about Bitcoin there but this is True of the asset class because the Asset class moves in Tandem and so again credible crypto Notes you have less than six months you
Know Assuming he's talking about you Know the reason he's you can see it if It's on your screen if you're looking at Your screen rather the reason he's Stating this is because it seems like a Virtual certainty that the spot Bitcoin ETF will get approved and this is a way Bigger deal than when uh the the the uh The futures were approved in the end of 2017 because with the ETF a spot Bitcoin ETF it Requires actual Bitcoin to back it with Bitcoin Futures that was not the case in 2017 and that still made the market go Haywire or at least it was to some Degree a contributing factor even if it Wasn't the primary Catalyst because You're already an Euphoria mode Admittedly but with spot Bitcoin ETF It's bitcoin's actually required here And so given that the latest the the SEC Can delay the current batch of Applications is March of 2024 um you know if you're one of the People that thinks that as I as I Personally think this is the case if You're one of the people that thinks That the SEC is not going to deny based On how the know the courts have been Treating them the writing's on the wall And the fact that black Rock's coming in Which is well connected with all the Politicians uh you know at the top of First world government Zone and so forth
Certainly including the United States Like the idea that that you're not going To get approval of at least one spot Coin ETF seems kind of silly to me to me It seems like a virtual certainty this Is going to happen and the latest this Could happen is is uh is March for the Current batch applications but that Doesn't mean you have to wait till March It could happen sooner and so that's why He's saying for those of you that are Interested you know and and you know Bulking up your positions in Crypto um you don't have much time That's why he's saying what he's saying And so again credible crypto notes that You have less than 6 months left to Accumulate because say uh Bitcoin ETF News uh you know will uh will break and Then Bitcoin is not coming back down not That it would literally go up in a Straight line forever but you get what I'm saying it would go up and then even It retrace to whatever degree it's Still uh and then you know xrp will of Course like I said earlier increase when Bitcoin gets approved for for an ETF and You know even though this news like I Said won't make xrp hit a new new All-time high what if what if xrp's new Normal price instead of being around 50 Cents what if it's 75 cents or a dollar Because the Market's moving up what what If that
Happens because just consider your your Investment you know in xrp your money Will go half as far if xrp is a dollar Which will dramatically it'll make it Dramatically more difficult to achieve Life-changing wealth by investing in xrp It make it twice as Difficult and just consider this you Know $10,000 today Will get you 20,000 Xrp if Xrp goes to $13 which is the upper end Of what uh what the blockchain backer For example has been talking about in Terms of what's what's a reasonable Upper end for xrp Price once this thing Finally goes you said somewhere in the Neighborhood of $13 well you know that amount of xrp That that 20,000 xrp that would be worth $260,000 so You' turn $10,000 into $260,000 in that hypothetical scenario Right But if you spend the same amount of Money on xrp when it costs $1 you know you'd end up with only $130,000 if xrp runs to $13 so that's Half the returns instead of $260,000 You'd have $130,000 it's simple math Obviously but I say the I'm sharing the Simple math to make a broader point Which is that if this is true if this Happens and things start start running I
Mean there's no guarantee on exactly how Quick things are going to ramp up and to What degree xrp is exactly going to Correlate with Bitcoin when this happens But I I get what he's saying here I mean I'm I'm of the same mindset just Generally speaking here it's it's not That you won't be able to purchase xrp It's just that if this ends up happening Then you wouldn't be able to at these Prices that's the broader point and and None of this is guaranteed and so I'm Not telling you to run out and buy xrp Or not buy xrp it's not Financial advice At all cuz I I admit right now I don't Know what's going to happen I just think It's an interesting topic of Conversation and my strong suspicion is That once this goes uh you're going to See just a major Blast for Bitcoin we Saw the first 10 minutes of what that Looks like uh you know already and it Was absolutely incredible it was quite Glorious it's just too bad it was fake Uh but but it probably would have just Kept on rocketing out of there otherwise So what do you think's going to happen Given that we see I mean here here's the Xrp chart again this needle obviously Again in terms of percentage change Nowhere near as impressive for Bitcoin But it's for a Bitcoin ETF not an xrp ETF but a correlated and so even if it's A smaller percentage you know what
Happens the all coins end up catching up You know at least if they're wor their Salt you know not maybe not all of them Ever H an alltime High ever again that's A different conversation for a different Time but I think xrp is going to because It's actually freaking useful and the Adoption just keeps continuing and it Has legal Clarity in the United States Which is amazing it's the only large C Coin that has that not even Bitcoin has Not even Bitcoin has that so that's Pretty Rock Solid U and then you see you can see and I don't really need to read the article But the headline here from the daily Hotle talking about Salon xrp eth um you Know institutional inflows I just want To make a just a simple point I don't Need to read this I've shared similar Articles which I'm happy to report as They roll in because it's fantastic news But it's just another instance of Institutional money flowing in they Pointed out I think it was yeah a weekly Inflow low for xrp it was another uh $400,000 which I know may not sound like A lot but you know recently I've been Reporting that xrp's had even if it's Just 400,000 or 700,000 whatever it is From week to week flowing in there have Been weeks where that's happening and Then bitcoin's down there have been Outflows for Bitcoin to the tune of
Millions and millions and millions of Dollars and so it's just been nice that Regardless of what's Happening people And institutions they've been placing Their bets on xrp regardless of what's Happening so they're getting position Here I think that they understand the Riding on the wall there's going to be a Spot Bitcoin ETF they're counting on That happening xrp's got legal Clarity They know how this Market Works Bitcoin Leads the way altcoins follow and even If xrp Rockets up at the end which is Would not be weird historically there's Certainly a lot of precedent for that Then Awesome cool I mean I remember in 2017 People thought xrp was never going to go And it was among the last too and it Melted faces and it was the best Performing cryptocurrency from the Bottom of the top for that market cycle Up about 880,000 Per. so yeah I'll wait for I'll wait However long I need to to see how this Plays out that I'll just say that and Then there's this black rock CEO Fink Weighs in on bitcoin ETF rumor Black Rock CEO Larry Fink on Monday weighed in On the firm's pending Bitcoin exchange Traded fund application following a wild Mour after coin Telegraph reported it Had been approved by the Securities and Exchange Commission the news Outlet
Retracted the story shortly after Publication and so folks before I go any Further in this article just understand Black Rock Run with with Larry f CEO black rock is the largest firm of Its kind on the planet with about 10 Trillion dollars in assets under Management so the largest um asset Manager on the entire planet with Incredible influence the world over and He's pitching Bitcoin to the world and And so once there is approval here every Investment adviser on Wall Street and There's over 100,000 of them they are Going to be pushing this to their Clients the floodgates will Open so it's and some people have have Been talking about this idea of well why Would the approval the spot Bitcoin ETF Why would it actually do anything that Doesn't increase demand and I'm Thinking my my My my asset doesn't are you kidding me You know you know why that the demand Will increase not it doesn't just happen In a vacuum it happens because there's a Concerted sales effort from everybody Under the Sun that wants to sell the Product that's what's going to and I Think ultimately you're going to see a Ton so maybe black Ro gets approved by Itself maybe a bunch of uh spot Bitcoin ETFs from different firms get approved All at once however it happens the point
Is there ultimately will be a number That that are approved and you're going To see investment advisers all over Wall Street all throughout the country Pushing this damn thing you're going to Have a massive Salesforce selling crypto And they're doing it and they might as Well be doing it directly for me and you Right because we're here first that is Incredible it's absolutely astonishing That this is a real life opportunity That we have here he's the the world the CEO of the largest asset manager on the Planet is selling our product for us do You see this it's like how does it get Better you know what I'm saying And so here U piece continues and here's A quote from him I can't talk about the Specifics of anything I think it's just An example of the pent up interestes in Crypto we are hearing from clients Around the world about the need for Crypto thinkink said Monday uh Monday Afternoon during an appearance on the Claim and countdown while declining Declining to comment on the status of The application although I will note That uh black Ro that morning did state That you know it's just it's still under Review anyway peace continues Bitcoin Rallied nearly 10% before settling back To the $28,000 level after the erroneous Report and here's another quote from Larry Fink some of this rally is Way
Beyond the rumor I think the rally today Is about a flight to Quality with all The issues around the Israeli War now Global terrorism and I think there are More people running into a flight to Quality end Quote so folks there you go he's selling Our assets he's pitching when I say Something he's pitching the assets that We hold to the rest of the World incredible absolutely incredible And he says fight flight to Quality I Understand he's not talking about xrp Here but the asset class moves together And xrp is one of the few cryptos that Actually is quality it's functionally Useful it technologically is sound it's Been battle tested for over a decade it Has legal Clarity might people want to Diversify into crypto and put some of Their sweet sweet cash and do some sweet Sweet xrp me thinks the answer is yes And you can see even right now like I Just said a minute ago the institutions Already Are what a time to be alive folks There's a reason I have so much fun Every single day tracking what's Happening in crypto and Reporting it and Just sharing my personal opinion and Having fun conversations on this channel And on social media it's just a blasty Blast it really is here you guys let me Know what you think but I'm having a
Killer timer and I'm excited for this Because I feel highly confident we're Not going to have to wait long one day We're going to wake up and there's just Going to be approval it doesn't mean we Have to wait to march to see this I Really think it's going to happen but You let me know what you think and Nothing's guaranteed and I could be Wrong and it all goes to zero that's That that's possibility but what's the Probability of that I would say not very High let me know what you think I'm not A financial adviser you should not buy Yourself anything because of anything I Say or right that would be a very very Very bad idea until next time to the Moon Lambo
