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- Trump's Company Is Making Moves In Crypto...
Trump's Company Is Making Moves In Crypto...
Crypto Lending Protocols Are Heating Up, RLUSD Is On The Way, Bullish News For XRP, Bitcoin Mania Hits BRICS Countries, The Mother Of All Bubbles Will Pop Soon, Bitcoin Is About To Anger A Bunch Of Gold Investors, XRP & Bitcoin Will Impact The Silver Price, Thailand Is Jumping All Over Bitcoin, and more...
The Daily Ninja 12/16/24
๐ Trump's company "World Liberty Financial" invested $12M in Ethereum, Chainlink, and Aave within 24 hours, potentially impacting their future prices according to Etherscan on December 12th.
๐น Decentralized projects like XRP with a supply cap and burn rate are considered more valuable than fiat currencies and stocks due to their limited supply.
๐จ๐ณ China is reportedly buying gold and expected to start accumulating Bitcoin in the next 6 months, while silver is highlighted for its importance in technology and industrial applications.
๐ The video predicts 2025 as a year of prosperity through cryptocurrencies, silver, and real estate, but warns of potential economic challenges.
๐ Viewers are advised to prepare for 2025 by learning about tax liens and foreclosures, which are expected to increase significantly.
๐ฐ Ripple's upcoming RL USD stablecoin could offer 5-6% annual returns, potentially rivaling traditional bank account yields if treasury market conditions remain stable.
๐ Trump's proposed plan to eliminate taxes on certain cryptocurrencies like Bitcoin and XRP could lead to exponential price growth and allow Americans to concentrate wealth domestically.
๐ The Economic Ninja predicts short squeezes and price increases in cryptocurrencies like Bitcoin and XRP, as massive buying pressure overwhelms short sellers.
๐ฆ BlackRock's XRP ETF plans are delayed pending SEC decisions, with the company potentially filing through a subsidiary instead.
๐ Ripple's RL USD stablecoin is expected to be followed by other currencies, potentially forming a strategy to reshape the financial system.
๐ CNBC's announcement of XRP as the "biggest winner" of the "Trump trade" signals potential increased attention from major investors and could drive significant market movement.
๐ก XRP's $100 million investment from KJ Labs for AI integration aims to enhance its functionality in decentralized finance and enterprise solutions, potentially increasing its value and utility.
๐ Binance analyst Trisha Sasha predicts XRP could reach new price highs, suggesting the beginning of a long-term bullish trend reminiscent of 2017.
๐๏ธ Trump's support for a bill to buy 5% of all Bitcoins and his meeting with Ripple CEO Brad Garlinghouse could lead to potential US government investment in XRP.
โก XRP's decentralized nature, low-cost transactions, and speed make it attractive for AI and smart contract applications, potentially driving increased adoption and value.
๐ Thailand's growing interest in BRICS membership is evidenced by the Prime Minister appointing the Minister of Foreign Affairs to attend the BRICS+ Summit in Russia in October 2022.
๐ฐ BRICS nations are expected to eventually replace US dollar reserves with Bitcoin to reduce dependence on the US and its sanctions, particularly affecting Russia's reliance on global South allies.
๐ Bitcoin's recent surge in value and protection from volatility supports its position as a threat to US dollar dominance in international trade.
๐น๐ญ Thailand's preparation for BRICS membership and moves in the cryptocurrency space indicate a shift towards the global South and potential changes in international trade dynamics.
๐ซ BRICS has been actively working since 2022 to eliminate the use of the US dollar in international trade, viewing it as problematic while the current US administration remains inattentive to this shift.
๐ The US market's dominance over global financial markets has reached extreme levels, with 70% of the leading global stock index held by US companies, despite the US economy accounting for only 27% of global GDP.
๐ฅ A 10% decline in the US market could trigger a global financial crisis, as derivatives tied to US financial instruments act like an "octopus" holding everything together.
๐ Since 2009, the US has outperformed the rest of the world by more than 4:1, even after adjusting for the impact of AI on US tech stocks.
๐ฐ In 2024 alone, $1 trillion in foreign capital poured into US debt markets, nearly double the amount attracted by the Euro Zone.
๐ฆ The US holds 70% of the global market for private equity and credit, indicating a significant concentration of financial power.
๐ Bitcoin's institutional adoption is accelerating, with spot ETFs accumulating $1 billion since launch, driven by expectations of a crypto-friendly administration and potential to replace gold as the premier store of value.
๐ Bitcoin's 21 million token supply cap, enforced by consensus, makes it more transparent and potentially valuable than gold, which has historically been subject to misrepresentation by banks.
๐๏ธ Senator Cynthia Lumis has proposed the government could increase Bitcoin holdings by leveraging fed held gold certificates, potentially driving up its price further.
๐ According to Ray Dalio, Bitcoin's growing role in multi-asset allocations could erode gold's position in international finance, with predictions of Bitcoin reaching $100,000 for the first time.
๐ฎ Experts like Ray Dalio and Graham Stephan predict Bitcoin will emerge as the new age Premier store of value, potentially replacing gold over the next decade due to its unique attributes and growing institutional acceptance.
๐ Peter C. predicts a bullish move in silver prices, suggesting it could rival cryptocurrency investments due to a confluence of factors including roaring investment demand, steady industrial demand, and limited reserves.
๐ Russia's announcement to start its own truthful silver exchange, separate from COMEX and LBMA, challenges Western financial systems and the historical suppression of silver's value.
๐ฐ The Ninja believes silver is more precious than gold and will be recognized as such when its scarcity becomes apparent, despite current suppression dating back to the "crime of 1873".
๐ Owning a core position in silver and gold is recommended as "God's money", especially for those who value divine creation and opportunities.
๐ The price of silver is expected to explode like Bitcoin once the crypto crowd starts buying it with their Bitcoin and XRP.
๐ Thailand is in talks with Ripple for potential XRP integration, with cryptocurrency community member Armando Pantoja highlighting Ripple's growth initiatives and possible use of XRP by Thai officials.
๐ผ Thailand's SEC has proposed allowing mutual and private funds to participate in digital assets, addressing increased interest from institutional investors and integrating cryptocurrencies into Thailand's financial system.
๐ Global Money Express, a South Korean money transfer company, joined RippleNet to expand remittances between South Korea and Thailand, connecting to CIMB Commercial Bank and doubling year-on-year remittance volume.
๐ Countries increasingly doing business with Ripple drives demand for XRP, with the RS stablecoin and upcoming European version increasing demand and burn rate, as Thailand and South Korea rapidly adopt Ripple and XRP.
๐น๐ญ 84,000 Thai nationals account for the third largest group of foreign nationals in South Korea, contributing to the growing remittance market between the two countries via RippleNet.
๐ผ Foreign investors can earn 18-36% returns on American tax liens, significantly higher than the 2-3% typically available in their home countries, making it an attractive investment opportunity.
๐ Investing in tax liens allows foreigners to participate in the US real estate market remotely, as they can bid on auctions and manage their portfolio online from their home country.
๐ฆ International investors can open American bank accounts through their local bank's US branches, facilitating easy funding and management of their tax lien investments.
๐ By reinvesting profits from tax lien investments, foreign investors can compound their returns, potentially leading to substantial wealth accumulation over time.
๐ Tax lien investment opportunities vary by state, with some like Florida offering redemption periods for homeowners, while others like New Jersey impose penalties, guaranteeing a minimum 5% return.
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