So, Franklin Templeton launched its XRP exchange-traded fund, the Franklin XRP Trust, on NYSE Arca on Monday, giving U.S. investors a regulated way to dabble in the XRP token. It’s like they finally realized the crypto party was happening without them and decided to show up fashionably late. Better late than never, I suppose. 🕺
Revolut, started back in ’15 – not even long enough to properly age a good whiskey – is now movin’ money around the globe on their little digital platform. They do bankin’, payin’, investin’, and messin’ with those digital tokens. They claim their income went up something fierce- a 72% jump to four billion smackers, and a profit jump of 149% to 1.4 billion. Enough to make a fella dizzy, it is.
On November 24, 2025, Kraken, that enigmatic squid of the crypto seas, flung a colossal 50,674,497 XRP (worth a cool $105 million) into the abyss of an unidentified wallet. The crypto circle, ever hungry for drama, feasted on the news like vultures on a fresh carcass. 🦑💸
And yet, in this theater of despair, a curious spectacle unfolds. While the masses flee, Tom Lee’s Bitmine strides boldly onto the stage, its pockets lined with $82.1 million, scooping up 28,625 ETH like a peasant gathering mushrooms after the rain. Oh, the irony! As retail investors wring their hands and mutter dark prophecies, the whales feast on their tears, their conviction as unshakable as a Russian winter. Bitmine, that shrewd operator, sees not a dying star but a diamond in the rough, a long-term bargain hidden beneath the rubble of panic.
But wait, there’s more! According to a shiny new report from CryptoOnchain via CryptoQuant, a staggering 63,000 BTC has recently vacated the cozy, long-term wallets of “HODLers” (those are the people who, presumably, laugh in the face of market fluctuations). These BTCs are now in the hands of short-term traders – or as we like to call them, the “I just learned about Bitcoin yesterday” crowd. A chart from CryptoOnchain shows a massive red bar, signaling that long-term holders are suddenly feeling the urge to cash out. So much for “HODLing” for life!
Apparently, Ripple is this “highly interconnected ecosystem.” Which, when you translate from tech-speak, means they’ve got a lot of wires plugged into other wires. And once they get a banking license – a license, mind you, that seems as likely as me winning the lottery – they’ll be all… disciplined. Like a well-behaved financial institution. A crypto financial institution. See where I’m going with this?
Now, ya see, India’s been stirrin’ the pot. Seems like they’ve added the most new crypto folks in 2024-like a stew that just keeps bubblin’. And this move ain’t just about markets and dollar signs, no sir. It’s about where builders like to flex their muscles-and apparently, India’s got muscles to flex, by golly! They say it’s where the real magic happens, not just where the money gets traded like card tricks.
Aljarrah, in a post that’s got more twists than a Mississippi riverboat ride, reveals China’s been cozying up to XRP through the BRICS New Development Bank (NDB) and SBI Holdings, a Japanese outfit with more connections than a spider’s web. 🕸️ These financial bigwigs have been using Ripple’s payment rails to shuffle money across Asia, the Middle East, and Africa faster than a hound dog chasing a squirrel. And guess what? XRP’s been the silent partner in this global shindig, slipping into financial networks like a ghost at a midnight feast.
Solana, alas, has plummeted to a three-month low, a circumstance that has begun to fray the nerves of its holders. Recent on-chain data, as shared by the ever-observant Ted, reveals that nearly 79.6% of the circulating supply is currently at a loss-a state of affairs that typically accompanies deeper corrective phases. The chart, with its sharp lines and somber hues, underscores the rapidity with which profit has turned to peril, a testament to the persistent sell-side pressure. 📉😱
Buterin, ever the Cassandra, acknowledges the short-term allure of this scheme but foresees its collapse under the weight of its own naiveté. “In the short term, it will have lots of positive effects,” he concedes, before delivering the coup de grâce: sophisticated operators, those digital Houdinis, shall outpace X’s defenses with the ease of a gentleman dodging a social obligation. Rentable passports, phone numbers, and IP infrastructure-the tools of the trade for those who find authenticity as appealing as a cold bath. 🛁
