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XRP Breakthroughs, Market Chaos, and a Personal Finance Reality Check
Bank of America embraces XRP, shocking truths and warnings about its future, bond market turmoil, economic crash signals, and vital updates on gold, silver, and money matters.
The Daily Ninja 1/15/25
π¦ Bank of America is reportedly conducting 100% of its internal transactions using XRP, with 83 patents filed related to blockchain technology behind Ripple, according to David Stuki, CEO of Sound Planning Group.
π± XRP is expected to be a key vehicle in future finance, serving as the "railroad tracks" for countries and companies to run their stablecoins, enabling fast and cheap global transactions.
π XRP's price has spiked 50% in the last 2 weeks, rising from $1.99 to nearly $3, with the last time it was at $1.99 being 1.5 weeks ago.
ποΈ The Federal Reserve is reportedly owned by the largest banks in America, is private, and has no reserves, which is crucial for understanding the relationship between the Fed and banks.
πΌ David Stuki, CEO of Sound Planning Group, expressed a bullish sentiment on XRP, stating it will be the "track that everything runs on" in the future of finance.
πΌ XRP enables 3-5 second transaction settlements, making it 500 times faster than Bitcoin for cross-border payments and microtransactions, with a cost of 0.2 cents per transaction compared to Bitcoin's 50 cents.
π¦ Major financial institutions like Santander, Standard Charter, and Bank of America are using XRP to revolutionize international payment systems, leveraging its speed and low cost.
π± XRP's availability on over 100 markets and exchanges globally, combined with its low fees and high-speed processing, makes it a preferred choice for traders engaging in arbitrage, margin calls, and inventory management.
π XRP's finite supply is maintained through 55 billion tokens locked in escrow accounts, with 38 billion remaining as of October 2024, protecting its long-term value and preventing inflation.
π΅ Ripple's development of the RL USD stable token, backed by actual assets and government-regulated, represents a significant advancement over existing stablecoins like Tether and Just.
ποΈ The SEC's appeal of the Ripple lawsuit ruling, despite a $125 million penalty ordered by the judge, extends into its fifth year, potentially delaying XRP ETF approval and $4-8 billion in projected first-year investments.
πΌ Ripple CEO Brad Garlinghouse took a significant risk fighting the SEC, setting a precedent against regulatory overreach and recently donating to a legal fund for other crypto projects.
π JP Morgan projects XRP ETFs could amass $4-8 billion in the first year, compared to Bitcoin ETFs which saw $36.2 billion in their first 12 months.
πΊπΈ A crypto-friendly Trump administration could potentially approve XRP ETFs, while Ripple might legally "crush the SEC" in court if the appeal is denied.
π° The SEC's appeal seeks billions from Ripple, far exceeding the judge's $125 million ruling, showcasing the regulator's aggressive stance against crypto projects.
π¦ Billionaires and CEOs have been unloading stock shares on retail investors for two years, anticipating an economic collapse and planning to profit from buybacks after the crash.
π Signet Jewelers, the world's largest diamond jewelry retailer, experienced a stock plunge due to weak holiday sales and reduced Q4 forecasts, indicating consumer financial strain.
π Facebook Marketplace is flooded with high-end assets (cars, equipment, planes, boats) as consumers sell valuables to cover bills, signaling widespread economic distress.
ποΈ The Economic Ninja teaches courses on tax liens and deeds to buy foreclosures at 10-30% of value, anticipating a surge in home losses and collectible sales.
πΌ Companies facing financial difficulties will trigger a ripple effect across sectors through layoffs, store closures, and inventory reductions.
π¦ Billionaires and CEOs have been unloading stock shares on retail investors for two years, anticipating an economic collapse and planning to profit from buybacks after the crash.
π Signet Jewelers, the world's largest diamond jewelry retailer, experienced a stock plunge due to weak holiday sales and reduced Q4 forecasts, indicating consumer financial strain.
π Facebook Marketplace is flooded with high-end assets (cars, equipment, planes, boats) as consumers sell valuables to cover bills, signaling widespread economic distress.
ποΈ The Economic Ninja teaches courses on tax liens and deeds to buy foreclosures at 10-30% of value, anticipating a surge in home losses and collectible sales.
πΌ Companies facing financial difficulties will trigger a ripple effect across sectors through layoffs, store closures, and inventory reductions.
π₯· Act poor and quiet in public to gain valuable information and opportunities, as people let their guard down around those who seem less successful, revealing amazing insights.
π° Follow the "10% rule": spend 10% on entertainment, 10% on tithes, and 80% on investments to build wealth and financial stability.
π£οΈ Be mindful of your words, as the power of the tongue can significantly impact your life and relationships, either building you up or cutting you down.
π₯ Surround yourself with supportive people who encourage success and share their struggles, rather than those who brag about achievements.
πΌ Invest in genuine high-quality items without branding instead of fake luxury goods, achieving personal satisfaction at a fraction of the cost.
π Prepare for the next real estate crash by learning to invest in tax liens and deeds, buying at a discount and flipping properties for profit.
π¦ Banks are incentivized to adopt XRP early by signing agreements to purchase large amounts at lower prices months ago, then buying more at higher prices later, as they observe the increased activity and burn rate of XRP on exchanges and wallets.
π± XRP enables banks to move money globally in seconds for a fraction of a penny, compared to the current system costing $25 for domestic wire transfers, making it a game-changer for their business.
π The adoption curve of XRP by banks will drive its price up, as they increase liquidity and volume needed to move stable coins and digital currencies quickly and cheaply.
π€« Smart banks are buying XRP privately from large exchanges like Coinbase through over-the-counter deals, setting up contracts for specific amounts at fixed prices, then transferring to their own wallets.
π₯ The increased activity and burn rate of XRP on exchanges and wallets, with more new wallets opened daily, signals increased adoption and will drive the price up as banks monitor liquidity and volume.
π The dollar index (DXY) is rising due to a basket of currencies tested against it, with the Euro falling fast over 6 months, while gold and silver are decoupling from the dollar, with silver outperforming gold on a percentage basis.
π° COVID-19 lockdowns in 2020 sparked a massive boom in gold and silver investing, fueling a surge in YouTube channels, Reddit accounts, and a desire to break away from central banks.
π The adoption curve for Bitcoin is accelerating rapidly, with Wall Street and the incoming White House group investing, potentially causing the price to rise exponentially by 2025.
π₯ When Bitcoin reaches an intermediate top, investors are expected to rush into altcoins, potentially triggering the greatest crypto explosion ever due to the massive influx of money into silver.
π The Ninja recommends every gold and silver investor to have $50 in Bitcoin and $50 in XRP, predicting significant growth in these cryptocurrencies compared to silver over the next 1.5 years.
Go out and crush it!
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