Category: Crypto market

Forex Signals Brief Sept 8: Brace for US CPI Inflation and ECB Rate Decision Amid Political Tensions

Posted on by Skerdian Meta

Last week the soft NFP shocked markets while this week we have the ECB rate meeting and the US CPI and PPI inflation, which will have market’s attention. Continue reading “Forex Signals Brief Sept 8: Brace for US CPI Inflation and ECB Rate Decision Amid Political Tensions” →

XRP Will Disrupt SWIFT, Says Morgan Stanley

Posted on by Olumide Adesina

Ripple’s role in international payments has been reignited by an excerpt from the Review of Banking and Financial Law, Volume 36, according to SMQKE, a crypto researcher known for market insights.

The passage referring to Morgan Stanley described how Ripple could lower costs for banks and remittance providers while revolutionizing settlement systems. Financial institutions using the Ripple network will be able to cut payment processing costs by up to 60%, according to the excerpt.

These savings make the technology attractive for cross-border use, directly increasing the value received by remittance recipients.

XRP, which acts as a bridge between currencies and provides liquidity, powers the Ripple network

This design frees up bank capital and promotes transactions by enabling simple cross-border transfers without pre-funded accounts. Ripple’s credibility is strengthened by recognition from a prominent institution, which also suggests the potential for wider adoption.

The resolution of Ripple’s conflict with the US SEC has brought its technology and market potential back into focus.

Morgan Stanley called Ripple’s business model a top option for international payments. The passage highlighted the need to reduce costs, speed up payments, and enhance anti-fraud measures—all aligned with the demands of modern finance.

Ripple has supported its strategy through On-Demand Liquidity corridors and the RLUSD stablecoin. This infrastructure is key to analyzing and improving settlement processes under global control.

Some experts believe XRP can coexist with SWIFT rather than replace it, but current blockchain pilots suggest other systems are also being considered. The interest shown by banks and payment providers in Ripple solutions as a complement to existing systems indicates this trend.
Ripple’s potential to simplify international payments is becoming increasingly recognized, as evidenced by Morgan Stanley’s recognition, which was highlighted in SMQKE’s post. Because they address costs, settlement times, and liquidity, XRP and Ripple are positioned as viable options in the rapidly changing financial market.

 

Ripple Ignites Meme Coin Frenzy, Boosts PHNIX Rally

Posted on by Olumide Adesina

Ripple’s (Twitter) profile picture was changed to a PHNIX NFT, which caused PHNIX, a token based on the XRP Ledger and the related NFT, to jump nearly 39%. The move mimics token reactions when the supposed father of DOGE switches his profile image to a popular meme coin.

Elon Musk’s history of sparking meme coin rallies with small social media tweaks was referenced here, causing traders to frenzy.

Today, the Phoenix soars higher. Joel Katz, thank you for supporting the idea. “$PHNIX lives on XRPL,” the official Phoenix, from ashes to eternity.

Schwartz did not clarify whether the profile change was meant as an endorsement, but the effect was immediate. Liquidity and trading volumes in PHNIX jumped as retail traders rushed to buy, according to CoinGecko data. T

This pattern reveals a broader issue in crypto markets, where meme coins become a playground for speculative trading. Justin Sun, an advisor at Huobi Global and the founder of Tron, said at Token2049 that “meme coins emphasize the power of community in crypto, despite their unconventional appearance.”

Often, in the short term, personality-driven actions, memes, and cultural signals can hide the fundamentals. However, Musk-related rallies tend to fade after the initial hype, often exposing latecomers.

 

XRP Price Prediction: Bullish Ripple Pattern and Whale Accumulation Point to $5

Posted on by Skerdian Meta

XRP appears to be regaining strength after reaching all-time highs earlier this summer. Supported by regulatory clarity, whale stockpiling, and conjecture regarding ETF approvals, Ripple’s native cryptocurrency might be setting up for its next significant breakthrough.
Continue reading “XRP Price Prediction: Bullish Ripple Pattern and Whale Accumulation Point to $5” →

Coinbase’s XRP Sell-Offs Fuel Manipulation Speculation

Posted on by Olumide Adesina

The cryptocurrency community has started to suspect that Coinbase may be manipulating XRP.  This suspicion intensified after an investor claimed that on-chain data indicated Coinbase had significantly reduced its XRP holdings, dropping from about 780 million tokens to just 199 million in recent weeks—a striking decline of 69 percent.  Supporters of XRP even established an “XRP Suppression Index,” which demonstrated a strong correlation of 0.87 between XRP price caps and Coinbase’s sell-offs.

In response to these claims, Bill Morgan, a pro-XRP lawyer, expressed his frustration but dismissed the theory. He stated, “There is an extreme theory that Coinbase opposes XRP. As everyone knows, Coinbase is not a fan of XRP.”

He further explained that the main issue with this theory is straightforward: even during the extended period after Coinbase delisted the token and had no control over sell-offs, XRP’s price has continued to fluctuate in its usual pattern

Nevertheless, XRP remains within a broader bullish framework. According to one analyst, the price of XRP is exhibiting the same structure it had during its 2017 bull run. Although the current pullback seems deep and chaotic, the analyst claims that no significant support levels have been breached. He predicted, “There will be a parabolic rally to $4.50 and higher after this consolidation phase.”

A potential launch of an XRP exchange-traded fund (ETF) is gaining traction following Ripple’s confirmation that Maxwell Stein, BlackRock’s Digital Asset Director, will attend the company’s Swell 2025 event. This event is scheduled to take place in New York on November 4-5, 2025. Notable figures in the cryptocurrency sector, including Brad Garlinghouse, CEO of Ripple, and Adena Friedman, CEO of Nasdaq, are set to participate, with over 60 speakers for the event.

BlackRock’s involvement has heightened investor expectations for a potential announcement or collaboration while discussions regarding an XRP ETF are not officially on the agenda,

ETH loses interest: $444 Million Withdrawn from Ethereum ETFs in Significant Outflow

Posted on by Olumide Adesina

Exchange-traded funds (ETFs) linked to Ethereum experienced a surge in redemptions on September 5 in the world’s largest economy, with investors withdrawing over $444 million. When the funds were first launched in July 2024, the sell-off was the second-largest outflow.

Investor interest in Ethereum (ETH) has significantly shifted, as indicated by recent data. BlackRock’s Ethereum Strategy ETF (ETHA) accounted for the majority of the outflows, losing $308 million, which represents nearly 70% of the total withdrawals for the day, according to SoSo Value data. Additionally, Grayscale’s two funds experienced combined withdrawals exceeding $80 million, while Fidelity’s ETF (FETH) saw a loss of $38 million.

The 21Shares CETH reported withdrawals totaling approximately $14.68 million. As a result, the five-day capital outflow that began on August 29 continued with redemptions on September 5. Overall, Ethereum ETFs lost more than $952 million during this period, marking the largest weekly withdrawal for the nine funds since their inception.

According to CryptoQuant analyst JA Maarturn, net taker volume shifted notably to the sell side, with sellers outnumbering buyers in ETH futures by $570 million. Such heavy selling has historically happened near local market tops, supporting the idea that traders are shielding themselves from further declines.

However, despite short-term volatility, Ethereum’s long-term outlook remains strongly supported by its main advocates. Co-founder of Ethereum Joseph Lubin recently reaffirmed that ETH’s potential exceeds its current valuation. He predicted that the asset would eventually surpass “the Bitcoin/BTC monetary base” and increase by 100 times. Ultimately, Lubin believes Wall Street firms will incorporate Ethereum into their core operations, including staking.

Ripple CEO Deepfake Alert: Scammers Exploit XRP Hype

Posted on by Olumide Adesina

David Schwartz, the chief technology officer at Ripple, expressed concern about a deepfake scam targeting Ripple CEO Brad Garlinghouse, according to a recent post on X. In the video, Garlinghouse was falsely depicted discussing plans for XRP and attempting to deceive community members into a fraudulent scheme.

 

Schwartz responded with a GIF about a scam alert and shared his warning to XRP holders. The response highlights the rising issue of impersonation fraud, where fake identities spread false information by manipulating digital technology.

Scammers increasingly use deepfake technology to alter real footage of prominent industry figures. In this case, a fake website linked to cryptocurrency wallets was promoted by editing Garlinghouse’s image.

These scams often impersonate legitimate sources, asking for payments and displaying social wallet addresses to appear credible. Since deepfakes can be hard to detect, they pose a serious risk to investors.

Ripple recently joined TRM Labs’ Beacon network to enhance security, a real-time crime response platform designed to combat crypto fraud.

Garlinghouse directly warned XRP holders that bad actors are also creating fake YouTube accounts pretending to be Ripple, falsely claiming that Ripple promotes XRP giveaways. He emphasized that he and the company would never ask for XRP transfers. Additionally, scammers are mimicking Ripple’s branding, usernames, and images, often relying on fake live streams and fabricated videos promising huge profits to lure victims.

BlackRock at Ripple Fuels XRP ETF Buzz

Posted on by Olumide Adesina

BlackRock’s Director of Digital Assets, Maxwell Stein, will be one of the featured speakers at Ripple’s flagship Swell 2025 conference.

A range of prominent voices from finance and cryptocurrency sectors will attend the event, scheduled for November 4–5 in New York City. Adena Friedman, chair of Nasdaq; Chris Larsen, Ripple’s co-founder; Brad Garlinghouse; and Jason Lau, CIO of OKX, will also appear on stage with Stein.

The XRP community buzzes with excitement about Stein’s participation, eager to hear BlackRock’s latest insights on digital assets and the potential for an XRP-linked ETF. The program states that Stein will discuss with Rory Callagy, an executive at Moody’s, how tokenized assets are transforming the capital markets. However, the agenda does not specify whether BlackRock will address an XRP ETF directly. Currently, BlackRock manages crypto ETFs related to Ether and Bitcoin.

BlackRock currently manages crypto ETFs tied to Ethereum and Bitcoin, but it has not explored creating a similar product for XRP. Some believe that Ripple’s lengthy legal battle with the SEC, which wrapped up last month, is why the firm is being cautious.

However, BlackRock has stated that it has no plans to launch an XRP ETF at this time, raising questions about whether this might change in the future. Panels covering payments, stablecoins, regulation, and blockchain adoption are featured in Ripple’s detailed schedule for this year’s Swell event.

The conference starts on November 3 and spans two full days of discussions.

Forex Signals Brief Sept 5: S&P 500 Record High As Markets Tumble Post NFP Employment

Posted on by Skerdian Meta

Thursday saw a wave of cautious optimism as investors processed conflicting economic data and focused on Friday’s U.S. jobs report.
Continue reading “Forex Signals Brief Sept 5: S&P 500 Record High As Markets Tumble Post NFP Employment” →

Ripple’s Bold Bet: Tokenization to Redefine Global Finance

Posted on by Olumide Adesina

Ripple custody stated that ten percent of the world’s assets will be tokenized by 2030 amid the growth of digital asset custody. With the help of institutional partnerships and XRPL compliance upgrades, Ripple predicts that the total value of crypto assets under custody could reach $16 trillion.

 

According to Ripple Custody, the growth of regulated digital asset custody services will drive about 10% tokenization of global assets by 2030. The company also notes that as more institutions adopt stablecoins and tokenized securities, the total value of crypto assets under custody could reach $16 trillion.

Ripple Custody offers enterprise-grade key storage and integrations with regulated partners. Trust is strengthened through quick implementation schedules and collaborations with financial institutions such as Société Générale.

The XRPL Credentials amendment enables the creation, acceptance, and deletion of on-ledger credentials. This feature streamlines regulatory reporting workflows and helps institutions encode KYC/AML attestations.

The benefits include clearer audit trails for tokenized asset transfers and fewer off-chain reconciliation steps.

They significantly reduce barriers for companies aiming to establish compliant settlement rails, although credentials are a technical enhancement.

The XRPL amendment supports cross-border token transfers and increases institutional confidence by allowing verifiable on-chain attestations.