Core Insights - U.S. President Donald Trump has reportedly built a crypto empire valued at over $1 billion through various family-run ventures, including memecoins, stablecoins, and tokenized finance [1][2] Group 1: Financial Performance - Trump and his family have earned over $1 billion in pre-tax profits from their digital asset ventures, which include memecoins, stablecoins, trading cards, and decentralized finance projects [2] - The family's memecoin projects, TRUMP and MELANIA, generated approximately $427 million in fees and trading profits [7] Group 2: Business Operations - The network of companies behind the Trump family's digital asset operations has rapidly expanded since his return to the presidency [2] - World Liberty Financial, co-founded by Trump's sons, operates the WLFI token and the USD1 stablecoin, with token-sale proceeds estimated above $2.7 billion [4] Group 3: Regulatory Environment - Trump's administration has been characterized as one of the most industry-friendly in U.S. history, with policies including the creation of a national Bitcoin reserve and relaxed enforcement at the SEC [3] - Following the resignation of Gary Gensler from the SEC, enforcement actions against major crypto donors were reportedly dropped or settled [6] Group 4: Family Involvement - Eric Trump indicated that the family's actual crypto profits might exceed the reported $1 billion [5] - DT Marks DeFi LLC, controlled by the Trump family, initially owned 75% of World Liberty Financial but later reduced its stake to 38% [5]

Core Viewpoint - Ripple Labs' CEO Brad Garlinghouse criticized Wall Street banking lobbyists for resisting the integration of crypto firms into the banking sector and access to Federal Reserve master accounts [1][2]. Group 1: Regulatory Standards - Garlinghouse stated that the crypto sector should be held to the same standards as traditional financial businesses regarding money-laundering protections and illicit-finance safeguards [2]. - He emphasized that if the crypto industry is to meet similar regulatory standards, it should also have equal access to banking infrastructure, such as Fed master accounts [2]. Group 2: Access to Banking Infrastructure - Fed master accounts would enable crypto firms to integrate more seamlessly into the U.S. financial system and gain direct access to central bank systems, which is a significant advantage for traditional banks [2]. - Ripple has recently applied for a master account through its Standard Custody & Trust Co. affiliate and sought a federal banking charter from the Office of the Comptroller of the Currency [3]. Group 3: Industry Perception and Engagement - The company noted that banks are beginning to take crypto firms more seriously, a shift from previous resistance due to regulatory challenges [4]. - Garlinghouse reported that banks that previously avoided discussions with Ripple are now interested in partnerships, particularly regarding Ripple's stablecoin initiative, RLUSD [5]. Group 4: Lobbying Concerns - Garlinghouse expressed disappointment over traditional banks lobbying against the granting of master accounts to crypto firms, indicating a lack of support for industry integration [6].

Core Insights - Investors have seen significant gains in the cryptocurrency market over the past year, with Bitcoin doubling in price and XRP surging nearly 400% [1][2] Group 1: Cryptocurrency Overview - Bitcoin is considered the flagship cryptocurrency, while XRP gained momentum following the resolution of legal issues involving Ripple Labs and the SEC, which had previously impacted XRP's price [2] - Cryptocurrencies are viewed as lacking tangible value compared to hard assets or stocks, leading to higher price volatility and challenges in sustaining price increases without utility [4] Group 2: Purpose and Utility - Bitcoin is often likened to digital gold, serving as a potential store of value against inflation caused by government borrowing and quantitative easing [5] - XRP operates on the XRP ledger, designed for cross-border transactions, offering a faster and cheaper alternative to the SWIFT network [6] Group 3: Investment Potential - Bitcoin is perceived to have a higher price floor due to its established position, while XRP may have a higher ceiling due to its smaller market size and recent developments [7][8] - Despite Bitcoin's $2.3 trillion market value, it still has growth potential compared to other global assets, with increasing adoption by corporations and government initiatives [9]

Market Analysis - Altcoins like XRP or ONDO experienced price drops below typical bear market levels [1] - The market situation is viewed as a significant buying opportunity, described as "blood in the streets" [1] Investment Strategy - Long-term investment in altcoins is considered due to the perceived undervaluation [1]

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Tyler Winklevoss, co-founder and CEO of cryptocurrency exchange Gemini, called California gubernatorial hopeful Katie Porter a cryptocurrency hater on Tuesday and a “protégé” of Sen. Elizabeth Warren (D-Mass.). Winklevoss Finds Porter ‘Totally Unlikable’ In an X post, Winklevoss described Porter as “smug”, “entitled”, and “totally unlikable”, and one who “hates” cryptocurrency. “Would it surprise you to l ...

Crypto things you might have missed:-Institutions are buying XRP!💰-2028 bull market prediction-Crypto ETF updates-BNB Chain flips Solana and Ethereum in mindshare-@0xPolygon launches major payments upgrade-BlackRock tokenized funds launch on SeiLIVESTREAM LINK IN BIO ...

Core Insights - XRP, the native cryptocurrency of the XRP Ledger, reached a record high price of $3.84 on January 4, 2018, marking a gain of over 70,000% over the previous five years [1][2] - By June 2022, XRP's price had dropped to as low as $0.31 due to the SEC lawsuit against Ripple Labs and other market pressures [3] - XRP's price has rebounded to around $3, with potential for further increases in the next 12 months [4] Market Dynamics - The rally in XRP's price was driven by the broader crypto boom of 2017-2018, a buying frenzy in South Korea, and expectations of Ripple Labs integrating XRP into more fintech partnerships [2] - The SEC lawsuit, which claimed Ripple sold XRP as unlicensed securities, concluded in August 2023 with Ripple being fined $125 million, significantly lower than the initial $2 billion demand [5] - The court ruled that XRP sold on public exchanges is not a security, while those sold to institutional investors are classified as securities, allowing Ripple to resume direct sales to institutional investors [6] Recovery Factors - Following the resolution of legal challenges, major exchanges relisted XRP, and several crypto firms applied for new XRP spot price exchange-traded funds (ETFs) [7] - Declining interest rates in 2024 and 2025 are expected to further support XRP's price recovery as the "crypto winter" ends [7] - XRP is gaining traction as a bridge currency on Ripple's network, facilitating faster, cheaper, and more secure transfers compared to traditional banking methods [8]

Core Viewpoint - Derlin Holdings (01709) is actively developing and expanding its digital asset strategy, focusing on the tokenization of private equity investments in well-known tech companies such as ByteDance, Kraken, and E-Self.AI, as well as limited partnership funds related to Derlin Tower and Animoca Brands [1][3] Group 1: Investment Details - The company has acquired approximately $5.7 million in private equity investments through various investment funds or special purpose vehicles (SPVs) for future RWA tokenization purposes [1] - The indirect investment in ByteDance amounts to about $2 million, with an implied valuation of approximately $315 billion [1] - The indirect investment in Kraken is around $3 million, with an implied valuation of about $15 billion [2] - The indirect investment in E-Self.AI is approximately $700,000, with an implied valuation of around $21 million [2] Group 2: Tokenization Strategy - The company plans to implement tokenization of the SPVs holding these investments, collaborating with Asseto Holdings Limited to utilize blockchain technology for ownership structure representation [3] - The strategic rationale for the RWA tokenization plan includes enhancing transparency, increasing liquidity for traditionally illiquid private equity investments, and achieving efficient asset management [3] - The anticipated tokenization of these investments is expected to improve operational efficiency and potentially unlock future value from high-growth tech assets [3] Group 3: Regulatory and Development Updates - The company is working towards regulatory approval for the tokenization of limited partnership interests in Derlin Tower and Animoca Brands [4] - The expected timeline for entering the technical deployment and compliance phase for Derlin Tower LPF RWA tokenization is Q4 2025, with a goal to launch token distribution and platform operations in early 2026 [4] - The Animoca Brands LPF tokenization project has received support from Ripple Labs and has been approved for the Hong Kong Cyberport "Blockchain and Digital Asset Pilot Funding Scheme" [5] Group 4: Market Impact - The tokenization of traditionally locked limited partnership interests into digital tokens allows investors greater flexibility in asset allocation while ensuring compliance [6] - This development significantly reduces transaction costs and time, opening new liquidity channels for the multi-trillion-dollar global private equity market [6] - The company's efforts highlight its commitment to combining real estate assets and innovative private equity fund tokenization with cutting-edge blockchain technology to enhance transparency, liquidity, and accessibility [6]

Crypto things you might have missed:-BNB flips XRP✅-Vaneck predicts $644,000 Bitcoin-Roll over your 401(k) to a crypto IRA @iTrustCapital-The @hashgraphgroup (on Hedera) launches a project for institutions!-S&P launches new crypto indexLIVESTREAM LINK IN BIO ...

Core Insights - Ripple's stablecoin RLUSD has a significant distribution imbalance, with nearly $700 million allocated to Ethereum's DeFi protocols while the majority of holders are active on the XRP Ledger [1][4]. RLUSD Distribution - 88% of RLUSD's supply is circulating on the Ethereum network, despite 85.2% of its 36,878 holders using the XRP Ledger [2][3]. - Approximately $698 million, or 88.5% of RLUSD's total $789.33 million tokens, are on Ethereum, while $90.7 million (12.5%) are on XRPL [3]. - Average holdings on XRPL are about $2,886 per wallet, contrasting with an average of $128,302 per holder on Ethereum [3]. Institutional Activity - XRPL has recorded 25,450 active addresses from December 2024 to October 3, 2025, indicating robust institutional engagement [7]. - Ethereum-based RLUSD transfers have seen $4.87 billion in monthly volumes across 19,502 transfers, while XRPL recorded $112.42 million across 391,157 transfers in the same period [7]. - VERT Capital, a prominent entity on XRPL, provides comprehensive capital market services and highlights the institutional focus on XRPL [7]. - OpenEden Digital, specializing in U.S. Treasury securities, has $169.6 million on XRPL, showcasing strong institutional participation that outpaces Ethereum by 2.6 times [8].