IF YOU HOLD XRP YOU MUST HEAR THIS NOW #Finance

it has been an absolute massive year for xrp and I know that a lot of you out there are probably already saying Nick come on it really hasn’t been that great well we have to talk about it welcome to the channel everyone my name is Nick for those that are new to the channel hopefully

by the end of this CashNews.co you do become a subscriber as we look at this Market it’s very very easy to overlook all of the big announcements the big news all of the growth that has happened in the last couple months and even just the last year alone it’s very easy to overlook it due

to price action price action is almost like the only thing that determines if something is good or bad in this space and I’ve seen it so many times when it comes to the retail sector I mean you could literally have the best thing ever in this space and if the price is not reflecting what you

should be it’s instantly bad price is the only thing that determines if a project is good or bad to the retail sector and the same goes for xrp right like if we look right now at the 24-hour span we have this nice Spike up in the market which I’m sure that you guys already know about

why if we go back to the one year though it’s pretty flat if we go and look at the alltime chart very very flat just waiting for a big spike in the market which of course I always look at this time here from roughly like 2022 to now the same exact time of roughly like 2018 all the way into

like 2021 where we’re just waiting for that big spike up on xrp well over a Dollar Plus but regardless of that right now nobody cares about what’s happening around xrp nobody cares about all the all of the big announcements that happened this year all they care about is what’s the

price of xrp at I’ve always said that price could be very distracting in this space but let’s take a quick look at some of the big announcements around xrp this year Alone number one right and we’re just going back to the end of April here we could go back even further around you

know for example um the Axel announcements there was some very great news around uh The xrp Ledger around tokenization efforts as well going back to like 2023 like the end of 2023 all the Amendments that been announced as well all the Rel listings but if we just go back to the end of April we have

we’re excited to announce a partnership between Ripple hashkey group and SBI group ushering in xrp ler powered Solutions starting with supply chain Finance to Japan’s Enterprise

landscape this was a great announcement now also we got this around Japan and Korea as well we’re proud to launch The xrp Ledger Japan and Korea fund to boost Innovation and utility on The xrp Ledger APAC which includes corporate Partnerships Dev grants startup Investments

Community growth and a lot more now again focus on the dates this is June 10th over here June 13th 3 days after we got the big announcement with uh arix to bring hundreds of millions of dollars in tokenized rwa real world Assets to The xrp Ledger over the next year this move

solidifies The xrp Ledger as a leading blockchain for rwa tokenization we have ARX partners with leading financial institutions to enable tokenization of rwas thanks to this extended collaboration these institutions will be able to utilize The xrp Ledger to tokenize their Assets

and we also have a quote from uh Marcus infer we have our industry is at the start of the next major adoption stage in which blockchain technology will deliver real utility and financial none;">Markets at scale and then of course August 9th testing testing RL USD yeah stable coin uh was officially announced that it is you know in the testing phase I’m very excited about this to go Fully live I think that this is going to open up massive doors of opportunity especially

around tokenization but this was definitely a big announcement outside of this we also have from September 2nd three big announcements number one Ai and metaverse tech company feature verse partnering with ripple custody to secur the cust the uh its Assets the feature verse has

already adopted The xrp Ledger nft standard uses xrp as the gas token on the root Network and is integrated with The xrp Ledger decks to supply network Liquidity and then smart contracts native smart contracts around roughly 20125 is when they are looking at this and then of course

we got that $60 million commitment to Ubi this was uh also another big announcement around xrp as well and even around Ripple but this was back in SE September August was also a massive month and then also I got to bring up from August 13th which was the Commodities future trading Commission on

this initial listing that got noi not uh notified sorry this is uh a major launch of xrpusd fatures xus from bit nomal this is also a big one everyone was very excited about this and this was kind of leading into some discussions around a possible xrp ETF what was going to happen with the xrp ETF

everyone was also speculating on you know all right are we getting into the point of derivatives and this and that but as we really think about all of these announcements the number one thing that I want you guys to take from all of this is that this is all pressure because although yes it’s

been an incredible year of major announcements and major growth since going back to March most of this space has been flat in fact it’s either been flat or it’s been selling off and I keep saying this even you know whenever I talk about an old coin or whatever stop looking at the chart

to determine if something is good good or bad in the space right now everything is still tied back to bitcoin and if we look at the one year on bitcoin what has Bitcoin done since March absolutely nothing so as we think about Bitcoin since March to now and we look at xrp from March to now

it’s because the space is still pretty flat there’s not a lot going on but that doesn’t take away the fact that there has been massive announcement after massive announcement regarding xrp and in fact the big thing that everyone has been waiting for which is the xrp P ETF we have

this big announcement scoop grayscale to launch first US xrp trust Paving the way for a potential ETF grayscale is announcing the launch of the US’s First xrp Trust a so-called closed end fund that will offer acCredited investors direct exposure to xrp now I don’t like

the whole idea of acCredited investors I think that that is a little bit of a it’s kind of something that I could see around you know certain things within the space like for an example I remember paully uh poly trust and stuff but the thing about this that I don’t

understand is like why have the acCredit investors uh thing tied to this why not just have it open to the public it makes no sense to me but regardless everyone is probably aware that grayscale has been a big player in the space um there has been a lot of trust around uh grayscale

for example with like xln and a few other digital Assets and um at one point in time xrp was on that list got delisted when the SEC lawsuit hit and then all of a sudden it was like all right well is grce scale going to support xrp or not I think that this is um a big announcement

regarding you know the fact that they are still here supporting xrp I just hate the acCredited investors uh thing because again it it it makes no sense to me but over here from Brad garlinghouse he is quoting um Elanor who was the one to really kind of break this first we have was

pleasantly surprised to see this news though inevitable as well as I’ve said before the xrp or sorry with xrp having regulatory Clarity in the US and other countries I expect it’s only a matter of time for the space to grow and we also have down here from blockchain back are genuinely

curious why do you believe this is only available to acCredit investors when things like live peer Salon a filecoin into centraland um trust are available to all retail investors and yeah I don’t understand that I really don’t get that it is something that um I think

that we need to address and focus on but yeah I think that this is uh definitely something very exciting we also have down here that grayscale xrp trust allows investors to gain exposure to xrp the Token power and The xrp Ledger a distributed peer-to-peer Network created to help cross border

Financial transactions so yeah I think that this is great and by the way this is something that I do want to bring up so big shout out to Edward finina this is what I mean by you know grayscale and kind of letting the xrp community down if we go all the way back to um January of 2020 all the way up

to about roughly the um well this is actually January 2021 he he made a mistake here it’s around December of 2020 when the lawsuit hit January of 2021 great scale sold their xrp Holdings following the accusations against Ripple this should be a lesson on how the SEC go affected xrp holders

xrp should never have been removed in the first place and yes this is what I mean they’re adding it back to the funds Portfolio now after them you know completely removing xrp and selling their xrp upon the announcement of the uh SEC lawsuit and this happened on January 4th

of 2021 so now this is basically just getting added back just like all the Rel listings of xrp it’s great I just wish that this wasn’t just based around acCredited investors I don’t understand why we’re putting up a wall there but outside of this um Brad

garlinghouse also added his uh little meme gift that everyone is probably aware of to this and you know it is exciting listen this is great this is great stuff it’s the same exact reason why I said it’s great that xrp got relisted on all these major exchanges it allows for more

Liquidity it builds more Liquidity it allows more trading volume it allows more access as well um as we look at acCredited investors this is most likely going to you know bring in a lot more money because acCredited investors they

are going to be in investing with a lot of money so I think that this is great to see it definitely does lead us down the path of you know are we going to see an xrp ETF very very soon in my opinion it makes sense to have an xrp ETF um I don’t think that we need one for xrp to you know pump

up in price or anything like that but it wouldn’t be a bad thing to have but so far we really haven’t been hearing too many discussions around that until we got this announcement from grayscale which did open up the uh of Wars around you know are we going to get an xrp very soon or not

but even if we go over here to the actual announcement from Gray scale uh we could see a few things number one we know that the trust is offering investors the opportunity to gain exposure we have we believe great scale xrp trust gives investors exposure to a protocol with an important real world

use Case by facilitating crossb payments that just take uh seconds to complete xrp has the potential to transform the Legacy Financial infrastructure and we also have down here they just kind of give us a breakdown of gray skill themselves and stuff like that but for the most part I still think

that this is kind of leading us down the path of an ETF coming very soon we’ll probably go I think that by the end of this year we’ll probably have the SEC lawsuit wrapped up that will be gone and also the stable coin I want to go back to the stable coin a little bit because now with

Japan I’m really kind of pushing heavily around stable coins I am expecting RL yen I’m expecting a lot more um you know stable coins RL Euro and things like that uh to be pushed onto The xrp Ledger I just think that the the stage is set the stage is set for xrp you know if we go back to

2020 and 2021 I’ve told you guys a million times yes I was around during this time we were really looking at xrp as being you know a massive massive mover and winner in this space and I’m sure everyone is aware of the big let down even though xrp still did a 16x off of the lows xrp

still let a lot of people down because we were expecting much higher price action but you can only get so far when you get Dlisted on all major exchanges you’re in the middle of a lawsuit nobody wants to touch xrp and mainstream media keeps pushing negative sentiment post around xrp so you

know what did we really expect that’s why as we look at today’s xrp I don’t want you guys to look at the price action and be frustrated or disgruntled or maybe you’re shaking out of your xrp bags because we’re still in a solid uptrend all of the price action

we’re still in a solid uptrend it’s a slow grind to the upside but remember Bitcoin is still it it’s still just lagging it’s not doing much at all here in fact Bitcoin has been in a downtrend since March so what do we really expect old Quin to do at this time not much but

the number one thing that I want you guys to take from this CashNews.co is think about all of the big announcements that we have seen this year pertaining to xrp and The xrp Ledger and think about all of that as just pressure pressure building up and up and up we hear people ask all the times why

is this pumping why is that pumping and they always have to have a reason and typically that reason is not what just got announced it’s all of the announcements building behind the scenes waiting for the market to bounce heavily and then you see these old coins take over in such a massive way

and I do believe that xrp is also going to take over in a massive way so with that being said I hope that you guys enjoyed this CashNews.co If you guys did definitely leave a like subscribe notifications on more free content you guys are more than welome to follow me on Twitter and join the free

Discord down in the description below and with that being said guys it’s been Nick thanks for watching peace out yeah