šŸ”„XRP BTC HOT NEWS TUESDAY VOTE n MOREšŸ”„

Brief Summary

This video discusses recent developments in the crypto market, focusing on Bitcoin and XRP. It covers institutional inflows into crypto funds, Tron's reverse IPO strategy, and Michael Sailor's continued accumulation of Bitcoin and advisory role in Pakistan. The video also highlights the integration of USDC into the XRP ecosystem and analyzes recent price movements, suggesting potential catalysts for future growth.

  • Crypto funds saw significant inflows, with Bitcoin leading.
  • Tron is pursuing a reverse IPO strategy.
  • Michael Sailor continues to accumulate Bitcoin and is advising Pakistan on crypto strategy.
  • USDC is now integrated into the XRP ecosystem.
  • XRP is showing positive price movement, with potential catalysts on the horizon.

Viewer Comments and Market Overview

The presenter starts by addressing viewer comments, including Father's Day wishes and questions about MicroStrategy's Bitcoin buying strategy. The presenter then touches on Cardano potentially buying Bitcoin and a question of if Brad Garlinghouse should buy BTC and stables with XRP. The presenter notes that Bitcoin is at $67,795, ETH is at $2,625, and XRP and Soul are showing positive movement. The Senate is voting on the stablecoin bill (Genius Act) tomorrow, which, if passed, will move to the House for debate.

Crypto Inflows: Bitcoin and XRP

Crypto funds experienced $1.9 billion in inflows last week, with Bitcoin leading at $1.3 billion, signaling a strong recovery after minor outflows. XRP saw healthy inflows of $11.8 million, making it the leader outside of Bitcoin and Ethereum. Year-to-date, XRP has seen $206 million in institutional investment, indicating continued interest from institutional players in XRP, BTC, and ETH.

Tron's Reverse IPO

Tron is going public through a reverse merger with SRM Entertainment, a NASDAQ-listed company, involving a $210 million investment in TRX from Justin Sun's platform. The new company will be named Strategy of Tron, foregoing a traditional IPO.

MicroStrategy's Bitcoin Strategy and Pakistan's Crypto Ambitions

MicroStrategy continues to buy Bitcoin, raising questions about their strategy of buying high. Between June 9th and 15th, the company sold shares of its preferred stock, raising nearly a billion dollars and acquiring an additional 10,100 BTC, bringing their total holdings to 592,000 BTC. Pakistan has tapped Michael Sailor as their crypto advisor to integrate Bitcoin into their state reserve and develop a national digital asset policy. Sailor met with Pakistani government officials to discuss the country's crypto ambitions, aiming to convert Pakistan into BTC maxis.

XRP Ecosystem Upgrade: USDC Integration

Decent Wallet has integrated USDC into the XRP ecosystem, providing easier access to stablecoin-based DeFi lending and cross-border payment services. This integration offers developers a secure, regulated, and fast digital dollar within the XRP ecosystem, which helps attract new builders, liquidity, and transactions.

Market Analysis and XRP Price Movement

Market volume jumped 31% today, with XRP volume up 53% to $2.6 billion, signaling a healthy start to the week. XRP is showing a nice climb, moving from $0.214 to $0.225, with strong 15-minute candlesticks indicating a potentially sustained move. While the broader crypto market hasn't moved as significantly, XRP is showing independent momentum. To regain enthusiasm, XRP needs to break out of the "friend zone" and reach the $0.250+ range. Optimism around the SEC case, regulatory advancements, potential ETFs, and positive ecosystem news could help XRP price move.

Final Thoughts and Market Outlook

The presenter notes the lack of an XRP maxi figure buying billions worth of XRP and converting others, contrasting it with the enthusiasm seen for Bitcoin. Despite significant inflows into Bitcoin, the price isn't reflecting the same explosive enthusiasm as in the past. The presenter is watching XRP's current move closely to see if it holds, given recent soft volume and market downturns. Key events this week include the stablecoin vote in the Senate and the FOMC meeting. The presenter suggests waiting for rate cuts and broader market regulatory clarity, with potential for a more positive fourth quarter.

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Transcript

Full transcript of ā€œšŸ”„XRP BTC HOT NEWS TUESDAY VOTE n MOREšŸ”„ā€. Click a timestamp to open the video at that moment. Need another video? Use the YouTube transcript generator.

0:00 Happy Monday. The sailor doortodoor Bitcoin salesman has bagged another client. BTC is seeing inflows while the XRP ecosystem sees another upgrade. A juicy one. By the way, we'll talk price because the market is starting to move to the upside. That is Tron does a weird sort of funky IPO. It's a reverse IPO, but you'll see what I'm talking about. The bigs are buying more inflows are there. And I say lots of naughty things, so here's your warning. Hopefully you all had a good Father's Day weekend. And for those of you that aren't dads, well, hopefully you had a good weekend as well. Look at the upswing of XB price up on the screen and green on that screen. So, you know what that means? We got to change it to green on my screen. Now,

0:46 before we get into the crypto news, your comments come first because you, the viewer, matter most. Shane Wilkins says, "Good morning. Happy Father's Day. I pray for your healing. Thanks for being awesome." It was actually really cool Father's Day. A little bit of a muted celebration, but still fun nonetheless. The eccentric one says, "What the sailor? At some point, is it even worth it to buy more BTC? He could never find liquidity to cover the current holdings. He's selling future debt and just issuing more shares. And what if I shocked you all?" Now, hold up, hold up, hold up. I hope you're not driving. I hope you're not at work. What if I shocked you all and said he bought more? Well, uh uh uh. And what if I told you he converted another one to BTC maxism?

1:31 I know, I know. He's a door-to-d dooror salesman selling BTCism. RT Twist says buying Bitcoin would be a sound strategy. However, the optics isn't good. Talking about Cardano using 100 million ADA to buy some BTC. However, the optics isn't good. I would not buy the Bitcoin and stay hungry. That should motivate me to take XB to a higher level. That's what I was asking. Should Brad Garlinghouse take some of the XRP and buy BTC and stables with it? Oh, Call of Duty Black Ops 6 not gonna happen. Sorry, Steam. Bitcoin in at 106,795. ETH is 2625. XRP is starting to move and so is Soul. We'll talk price action at the end, but remember tomorrow, oh, they're voting on the Genius Act in the Senate. This is the real vote. This

2:18 is the one where if they actually pass this, it goes to the House for them to start debating on it. I know. And then they might debate on it for a few weeks, kick it back and forth, but at least if they pass it here, they can get it out of the Senate and send it to the House. All right, let's talk about inflows because guess what? XRP had inflows and so did BTC. Crypto funds saw 1.9 billion in inflows last week. Bitcoin led with 1.3 billion. And Bitcoin led with 1.3 billion inflows last week with a strong recovery after two weeks of minor outflows. This is important because we did see a flare up in the Middle East between Israel and Iran. Short BTC products also saw small inflows of 3.7 million, which is hardly anything. Now,

3:04 I wanted to share this with you because look at some of these. XRP saw some really healthy inflows. In fact, outside of Bitcoin and Ethereum, XRP was the leader of inflows with 11.8 million. Yeah, it's I know not that much, but it's still better than nothing. After that, you had SU with some big ones and also short Bitcoin at 3.7. Uh year to date, by the way, for XRP right here is what? 206 million. This is institutional money, by the way. So, you still have institutional players getting into XRP, BTC, and ETH. Oh, yeah. This is all linked in the description down below if you want to check this all out yourself. This is the Coin Shares weekly report. All right, let's talk about

3:51 Tron. Tron going public with a 210 million strategy like TRX back. This is very interesting, but this isn't a traditional IPO, so you kind of have to pay attention on this one. Tron going public by merging with SRM Entertainment, a small company listed on NASDAQ. Tron, the digital currency project spearheaded by Justin Sun. Oh, the weird banana guy is expected to go public in the US according to a Monday report. Hey, that's today. Hit the subscribe button so we could beat Pop-Tarts so that when we do beat Pop-Tarts, the company in subs. I could do a Pop-Tarts demolition video. We might blow them up. We might pew pew them. We might light them on fire. We might run them over. We're going to have some fun with Pop-Tarts. It has opted for a reverse merger with NASDAQ listed SRM Entertainment, meaning it will not

4:38 have a traditional initial public offering. The new company will become the strategy of Tron. That's what they're going to call with an initial investment of 210 million worth of TRX from Justin Sun's platform. So, they're not going to have an IPO. They're going to basically spend money to be part of the company and now be called Strategy of Tron. It's a little weird. Let's stick with the strategy thing. Now, we're going to be talking about sailor strategy strategy updates on stock offerings in BTC holdings. Yes, they bought even more. Okay. Okay. The problem I have with Michael Sailor and strategy is that he appears to only be buying when the Bitcoin price is high. When Bitcoin was at 20 30,000, dude wasn't buying like anything. But when the price is high, he

5:24 just buys buys buys. So, is he like FOMOing himself? Like, it just makes no sense. On June 16th, Strategy announced updates regarding its at the market offering programs in BTC holdings. Between June 9th and June 15th, the company sold shares of its preferred stock, raising significant funds. All right, remember they're selling shares and future debt. Strategy completed a public offering of their preferred stock on June 10th, generating approximately almost a billion dollar. They acquired another 10,100 BTC to bring their total holdings to 592,000 BTC. This is crazy. Okay, now this goes

6:13 now another step. Why Pakistan taps Michael Sailor as their crypto advisor. So again, we keep asking ourselves, whoa, whoa, whoa. Where is our XRP version of Michael Sailor? Where is our XRP version of Strategy of Metanet and so forth? We could really use one of these because like I said, Sailor is a doortodoor salesman who is converting people into BTC. It'd be nice if we had one for XRP. Sailor met with key government officials in Islamabad on June 15th, including finance minister and the state minister for blockchain and crypto to discuss the country's crypto ambitions. The highlevel meeting centered on the integration of Bitcoin into Pakistan state reserve and the

7:00 ongoing development of a national digital asset policy. According to local reports from Dawn, Sailor welcomed the opportunity to serve as an adviser to the Pakistani government on crypto strategy. This is what he said. Pakistan has many brilliant people and a lot of the world already does business with you. So now Staylor is converting Pakistan into BTC maxis and advising them on a strategic reserve. Whoa, what is going on? It appears that Sailor is converting more people to maxism. Now overall crypto environment obviously this benefits BTC. As BTC goes up, it tends to bring the rest of the market with it. Does it bring the rest of the market with it? One to one? No, of

7:45 course not. But it does help out the overall crypto market. Now, Decent Wallet issues an important announcement for XRP. That's right. Decent Wallet has now got an integration for USDC. The integration opens new possibilities for the XRP community, including easier access to the stable Coinbased DeFi lending and crossber payment services. Developers building on XP now have a stable regulated digital dollar that functions efficiently within the ecosystem. In the official post, decent highlighted three core features secure, regulated, and fast. So now you got USDC on XRPO. That's good for all of us, right? I mean that helps with attracting new builders. That helps with liquidity. That helps with transactions. I think that's a good thing for all of us. Let's swing it on over to the market where

8:32 volume jumped up 31% today. The weekend was a little soft volume-wise. That's okay. We have been seeing that as of late here. We're at 104 billion. Altcoin season, 28 out of 100 inflows with institutions. We talked about that. We got the inflow money back in. Zooming out to the year, you can see it's been majority inflows. Okay, that's that's good. XRP specifically, volume up 53% to 2.6 billion. That's a healthy start to the week. A lot of optimism in the market right now in regards to XRP finalization of the SEC thing. Remember Torres wants to stay relevant. She's pissed off about the whole SEC case. Why did you drag us into this for how many years to only about face the whole thing? And Torres knows that as soon as

9:18 the case is over, no one's going to remember her name. And remember, once the case is over, what is Torres's big claim to fame going to be? Yeah, exactly. People are going to forget about her. So now you got XRP making a nice climb this morning. Going from the lows of 214 up to 225. Let's go to those candlesticks to see if anything jumps out at us. Again, we're still technically in the friend zone, but it's good to see XRP moving. Now from the lows of the 13th, we've jumped quite a bit from 208 to now what everyone to this mark right here. And let's look at that candlestick because that was a high of 227. Okay, this move is just happening right now. Again, that's why you want to hit that notification bell so you get these stories right away. The move is just

10:04 happening. So, we're going to see if this move has some steam. But these are some real strong candlesticks. And remember, this is a 15minute candlestick. So, within 45 minutes, we went from a low of 220 all the way up to 227. So, that's a pretty strong move here for XRP while the majority of the market really hasn't moved that much. In fact, if you look at the rest of the crypto market, they're not up nearly as much as XRP. BTC is only up 1%. So, this isn't a BTC move. This is XRP kind of doing its own thing. That being said, though, XRP needs to get out of the friend zone. Needs to get back to that 250 plus range in order to get that enthusiasm back. But what do we got going on that could help us out? We've

10:50 got a little bit of optimism with the case. We've got the REGG starting to advance here. We've got the ETF stuff on the horizon for us. And we've got good ecosystem news to help XRP price move. So, yeah, Sailor converts another one over to the BTC Maxi way of life. And does that surprise you? I mean, every week it seems that I'm just reporting on another player out there getting into BTC. El Salvador is doing it. Other countries are doing it. But there's also players out there that are refusing to go to the BTC route. But oh, wouldn't it be nice though if we had an XRP version of that. I would love to report on an XRP Maxi out there going, "Yo, I'm buying billions worth of XRP and now I'm

11:36 converting my friends into buying it, but we're not seeing that yet." Granted, I did a story not too long ago about eight companies together getting close to a billion dollars worth of XRP. Well, their plan is to get into a billion dollars of XRP, but we're not seeing the same enthusiasm for XRP as we're seeing for BTC. But that being said, though, I think there's a lot more upside with the alts than I do with BTC because think, Sailor's buying left and right. Metaplanet is buying left and right. You got Riot, Mera, and all those other players out there buying BTC. And yet, you still don't see BTC roaring like crazy. Granted, it's close to all-time highs, but again, it's tugged by macros. So, inflows, yes, tons of billions pouring into BTC, but you don't really

12:22 see it reflecting the price the same way right now with the same explosive price enthusiasm as you would see in the past. So, is that strategy going to work out like what I did there? Now, in terms of XRP, hey, the move is just happening this morning, like literally like an hour ago. So, we're watching it play out right now. I've actually got it in front of me on this monitor right here. I want to see if it can hold. We need something to happen because as we've seen as of late, the volume for XP has been a bit softer. The last few weekends have been soft with XRP and we've seen a few moves to the downside. We've seen the Elon Trump move, right? That pushed the markets down. They didn't really rebound that strongly. Then we saw the Israel Iran thing pushed markets down. We didn't see them rebound that strongly. So, we're waiting to see the positive catalyst. Now, this week, we've got a

13:07 couple big events. We've got the stable coin uh vote happening in the Senate on Tuesday. We've got the FOMC meeting. I think that's happening. That's the 18th. I'm pretty sure it's the 18th. So, that's going to be Wednesday. We've got that going. Uh we've got a couple other minor events happening this week that I don't really think will affect the markets too much. But either way, those are the two big ones that we're going to be paying attention to. And that is why I think, just throwing it out there, why I think we need to honestly wait. And you're like, "Bro, wait for what?" Well, we need for rates to come down. We need for not just stable coin rags. We need for rags for the rest of the market. So, I know it doesn't seem like third quarter is going to be that hot, spicy, naughty, and relevant. But maybe fourth

13:52 quarter is going to be juicy. Maybe fourth quarter is when Jerome is like, "Yo, I'm going to give you the juicy rate cuts." I don't know. We'll find out sooner or later. Just Jerome seems to be doing his own damn thing. And to be honest with you, the United States government's doing their own damn thing and they're not acting fast anytime soon. So, who knows? Maybe fourth quarter is juicy and Santa Claus delivers us some juicy Christmas presents. Crypto presents, that would be, right? Like crypto price action. So, uh yeah, hit the subscribe button if you haven't already. Notification bell so you don't miss out. I'll be covering the vote tomorrow. That's the big one. FOMC meeting we're going to have live. That's the deal. Lemon peel. Choo choo. What? Choo choo

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