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  • 💥👻. Financial Giants Embrace Cryptocurrencies / XRP Cannot Stay “Dirt Cheap”

💥👻. Financial Giants Embrace Cryptocurrencies / XRP Cannot Stay “Dirt Cheap”

Issue #67

Issue: 67

Buenos Dias! Checking in from the beaches of the Riviera Maya. You won't believe it, but we're already back to normal after that Hurricane Beryl drama a few days ago. Crypto's also been taking a beating lately. But, we’re stoked about it. It's like a fire sale out there! It's the perfect time to load up on some sweet deals. So, if I were you, I'd be all over this. Pick your favorite coins and start scooping them up while they're cheap. It’s called Swing-Trading. 📈

📈 Us 𝕏

Updated July 11, 2024

Make bank on the sideways action 24/7.

Financial Giants Finally Embrace Cryptocurrencies

Welcome to the thrilling world of Wall Street's latest infatuation: cryptocurrencies! It's like watching your stuffy uncle suddenly discover TikTok dances at a family reunion.

Behold, the titans of finance are now dipping their Gucci-clad toes into the wild waters of crypto. BlackRock, not content with merely controlling the known universe, has decided to tokenize assets on Ethereum. Why settle for boring old stocks when you can have digital tokens that fluctuate faster than a politician's promises?

Goldman Sachs, ever the trendsetter, is now talking about "tokenization initiatives." It's like they've discovered a new toy and can't wait to show it off at the next billionaire's playground. Their Global Head of Digital Assets, Mathew McDermott, is practically giddy with excitement. Three whole tokenization initiatives by year-end! Be still, my beating blockchain!

But wait, there's discord in the house of Goldman! While McDermott's singing crypto's praises, the Chief Investment Officer is giving it the side-eye. It's like watching a financial soap opera. Will cryptocurrencies be accepted into the family fortune? Tune in next quarter to find out!

Meanwhile, ETFs are raking in billions faster than a Vegas casino on payday. It seems the institutional investors have decided that if you can't beat 'em, buy 'em... in neatly packaged, regulator-approved bundles, of course.

So, what's an investor to do in this brave new world? Well, you could follow the lead of these financial wizards who've suddenly discovered the magic of digital assets. Or you could sit back, grab some popcorn, and watch as Wall Street tries to navigate the crypto roller coaster without losing their lunch.

Remember, folks: in the world of crypto, today's revolutionary technology is tomorrow's outdated meme coin. But hey, at least now you can blame your risky investments on following Goldman Sachs' lead. Happy trading, and may the odds be ever in your favor!

Ripple CTO David Schwartz Reaffirms: XRP Cannot Stay “Dirt Cheap”

The never-ending saga of Ripple's CTO and his prophetic words from the ancient times of 2017. Gather 'round, crypto enthusiasts, for another thrilling episode of "David Schwartz: The Oracle of XRP."

Our hero, the illustrious CTO, finds himself once again in the spotlight, defending his proclamation that XRP "cannot" be "dirt cheap." Oh, the audacity of time to prove him wrong! But fear not, for Schwartz, has an explanation for every occasion.

In a twist that shocked absolutely no one, Schwartz had to clarify his statement... again. It's almost as if predicting the future of a volatile cryptocurrency is, dare we say, difficult? But who needs consistency when you have the power of context?

The community, ever-vigilant and armed with Twitter fingers, couldn't resist poking the bear. One brave soul even dared to suggest that Schwartz's explanation deviated from his original stance. Gasp! The horror!

But our valiant CTO stood firm, insisting that his answer still expresses the same idea. It's like a game of crypto telephone, where the message stays the same, but the price drops by 90%.

Meanwhile, XRP has decided to take a leisurely stroll down memory lane, trading at a mere fraction of its all-time high. But don't worry folks! According to Schwartz, it still costs $1 to buy enough XRP to make a $1 payment. Isn't crypto math fascinating?

As XRP slips out of the top five, one can't help but wonder if it's just taking a breather or playing an elaborate game of hide and seek with success. But fear not, true believers! The fate of XRP hangs in the balance of the ever-exciting SEC vs Ripple court case. Because nothing says "stable investment" quite like pending litigation.

So, grab your popcorn and your favorite crypto tracker, because this rollercoaster ride is far from over. Will Schwartz's next prediction come true? Will XRP rise like a phoenix from the ashes of its former glory? Or will we all be left scratching our heads, trying to decipher yet another cryptic tweet from 2017? Only time (and possibly the SEC) will tell! Copy

🗞️ Crypto News - Sync Up!

💻 Crypto Terminology

Antpool - Antpool is one of the largest Bitcoin mining pools and aggregates the computing power of many miners to increase the chance of solving a block and receiving the block reward. Miners, who contribute their hash rate to the pool and find blocks, are rewarded based on the amount of work they contributed to solving that block.

Apeing - Apeing is when a cryptocurrency trader buys a token shortly after the token project launch without conducting thorough research, usually because they are fearful of missing out on potential gains that could be lost if they hesitate in order to conduct due diligence.

👻 Spooky Crypto Memes

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DP

*DISCLAIMER: None of this is financial advice. This newsletter is strictly for educational and entertainment purposes; it is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your research.

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