Ripple and XRP Market Overview - The SEC case against Ripple is officially over, removing a significant obstacle and paving the way for new opportunities [1][2][3][4] - Industry anticipates a major shift in the crypto space, with a focus on creating a clear regulatory framework [6][7][8] - Ripple aims to drive mass adoption of crypto technology, which was previously hindered by the SEC case [9][10] ROUSD Developments - Epic Chain is expanding its XRP native infrastructure by integrating ROUSD, enabling native USD settlement across its ecosystem [11][12] - Mesh now supports ROUSD, accepting it as a payment option for merchants [12][13] - 20 million ROUSD was transferred from Ethereum to the XRP Ledger, signaling growth on the XRP Ledger [13][14] - ROUSD market cap is up 24% in the last 30 days, with monthly transfer volume up 28% [15] - Stable coin market cap on the XRP ledger is up 75% in the last 30 days [16] Ripple's Future Strategy - Ripple is focused on building liquidity across key currency pairs through cross-border payment solutions and XRP as a bridge currency [19] - The stable coin market is projected to grow from a few hundred billion dollars to 3-5 trillion dollars in market cap over the next few years [20] - Ripple is leveraging stable coins to make cross-border payments faster and at a lower cost [21] - The FX market, valued at $7.5 trillion per day, is ripe for disruption, and Ripple aims to tap into these markets [26] - Cross-border payments are forecasted to reach $320 trillion by 2032, with stable coins playing a crucial role [27] - Ripple acquired Rail Financial, which has $10 billion in annual processing volume and 12+ bank partners, to enhance its stable coin infrastructure [29]

Why don't we start off with the with the markets hitting new record highs once again after that CPI report that in all honesty it was kind of mixed. Uh you know headline was better than expected core was just slightly hotter than expected. What's your take on that.Well I think it was it's just a reflection of the fact that the market was bracing for a hot CPI knowing that not only was the Fed but economists were warning that we'd start to see inflation coming through uh in the July CPI report. So, I think i ...

Circle (未上市金融科技公司) 与 USDC 的市场机会 - Circle 和 USDC 在跨境支付、汇款、资本市场和消费者支付领域具有巨大的颠覆潜力 [1][2] - 跨境支付和汇款可能在短期内成为现实，而其他领域可能需要 3-4 年才能实现 [2] - 跨境支付领域的市场潜力巨大，可能达到数万亿美元 [4] - 越来越多的公司（包括传统金融公司）将采用 USDC 来促进支付 [4] Coinbase (已上市加密货币交易所) 与 Circle 的估值比较 - Coinbase 的估值约为 2026 年预期 EBIT 的 22 倍，而 Circle 的估值约为 57 倍 [6] - 相比 Circle，Coinbase 的估值更具吸引力，因此 Oppenheimer 给予 Coinbase 跑赢大盘的评级 [7] - 市场对 Circle 的期望值已经很高，这可能会影响其股票表现 [8] 以太坊 (Ethereum) 的发展前景 - 越来越多的公司开始建立以太坊国库 [9] - 以太坊上有更多的用例，包括 USDC，这使得分析师可以建立 DCF 模型来评估其内在价值 [10] - 从基本面来看，以太坊比比特币更有优势 [10]

Market Trends & Cryptocurrency Performance - Bitcoin reclaimed the $120,283 level, climbing more than 1% [1][2] - Ether rose more than 2%, breaking the $4,000 level for the first time since December 2024 [2] - Chainlink partnered with Intercontinental Exchange (ICE) to bring foreign exchange and precious metals pricing data to the blockchain [4] - August has historically proven to be a weak month for trading, including in the crypto market [4] IPO & Investment - Bullish is boosting its US IPO target to a nearly $5 billion valuation, aiming to raise up to $990 million by selling 30 million shares priced between $32 to $33 each [5][6] - The Peter Thiel-backed Bullish confidentially filed to go public, driven by crypto treasuries and Circle's successful IPO [7] - President Trump signed an executive order meant to open retirement plans to alternative assets, including digital assets [7] Crypto Payments & Adoption - BitPay supports all major stablecoins and will add new stablecoins as they gain adoption [11][12] - BitPay is seeing new companies ready to accept crypto payments, including brands like LVMH, Joeop, Gucci, and Newegg [14] - The Genius Act clarifies rules around stablecoin issuers and could spur a new wave of tokens, which is an opportunity for BitPay [10][18] - Companies issuing US dollar-denominated stablecoins need to maintain a one-for-one backing, with $1 in reserve for every dollar issued, and comply with KYC and anti-money laundering regulations [20] Company Strategy - BitPay has been private since 2011 and does not currently have plans to go public [22] - BitPay has employed a Bitcoin treasury strategy since 2011 [22][23] - BitPay treats Bitcoin as its cost of capital, requiring investments to outperform Bitcoin's approximately 50% ARR [26]

ROUSD has been growing rapidly and I really do think that we are probably going to see this accelerate much more than we ever thought was possible in a very short amount of time. Now, in a video recently, I did talk about how I was going to do a deep dive in on the recent Ripple acquisition because there's definitely a lot of facts to go over. There's a lot of things to look into as well.And I really do think that this is probably something that's going to change the entire landscape for not just ROUSD, but ...

I I'll have to ask Stephen if he needs like a janitor or something over at the Sanan Smokehouse. Let's see. Cardano Gas fees are also better than ETHs. True. I think the problem there are stable coins. Yeah, they really did not do a great job on the stable coins for sure. Uh Jonathan says, "Selling alitcoin if they ever rally. " True. Ethalic. And I think that's it. Steve says, "Remember when you need when you used to try three hosts with Ben and James and Ben would get all aggravated that James wasn't corr ...

today at Coinbase uh backed off a little bit, but what are we expecting. Yeah, Mike, analysts anticipating a weak quarter of trading following that exuberance that we saw in Q1 as traders were of course still celebrating the new pro crypto Trump administration and all of the policies that would be to come. Come April, however, as Washington's focus shifted to tariffs, uh we saw speculative trading by retail slowed across centralized exchanges, including Coinbase, and it was inflows into crypto ETFs and buyi ...

Regulatory Landscape - The Genius Act establishes the first federal regulatory framework for stablecoins [1] - The Clarity Act creates a framework for categorizing digital assets as securities or commodities [1] - The Anti-CBDC Surveillance State Act prohibits the Federal Reserve from launching a central bank digital currency [2] Market Outlook - The industry views 2025 as a pivotal year for Bitcoin and crypto, marking a shift towards mainstream acceptance [2] - Wall Street banks are recognizing the need to actively participate in the crypto industry [3] - The industry anticipates mass adoption and a new era of distribution for Bitcoin and crypto assets [3] - Financial organizations are expected to package and integrate crypto assets into customer portfolios [4] - Recent legislative wins have created an environment conducive to the further development and integration of crypto [4] - A race has begun among financial firms to capitalize on the opportunities presented by crypto [4]

Today, Goldman Sachs and VNY team up on tokenized money market funds. Crypto custodian Bitco confidentially files to go public. And the CEO of OKXUS breaks down what regulatory advancements here in the states means for the crypto exchange.Welcome to CNBC's Crypto Worlds. I'm Tana McKiel. Digital currencies in the red this morning.By noon Eastern, Bitcoin slipped around a quarter of 1% to $118,600. Ether fell nearly 2% back to the $3,600 level. And Salana dropped 4.5% to $192.Okay, let's talk about the top s ...

Market Trends & Dynamics - The OTC market review report by Wintermute indicates a divergence in market approaches between retail and institutional investors, with institutions focusing on major cryptos like Bitcoin and Ethereum, while retail is shifting towards altcoins [1] - The report highlights a 412% jump in OTC options trading compared to the first half of 2024, and the number of traded contracts for difference (CFDs) has doubled [1] - Trading volumes spiked in early 2025 but normalized in Q2 as macro catalysts subsided, with activity increasingly concentrated around established assets like BTC and ETH [1] - Spot trading on centralized exchanges grew by 7%, while OTC volumes rose by 18%, indicating that institutional investors prefer executing large trades outside of exchanges [1] - In 2024, both institutional and retail investors were rotating into smaller, riskier projects, but in the first half of 2025, institutions stuck with larger cryptos while retail pushed deeper into smaller altcoins [1] - After dominating in 2024, memecoin activity dropped in 2025, with flows shifting from legacy names to newer tokens [12] Regulatory Landscape - The report points to the improving regulatory landscape with regulatory clarity coming from the EU markets in crypto assets bill (MiCA) and the Genius Act in the US [1] - The US has taken greater steps towards regulatory clarity with President Trump signing the Genius Act into law on the 18th of July, providing some much-needed clarity on stable coins [31] Institutional vs Retail Behavior - From 2023 to 2024, institutional OTC shares dropped from 74% to 67% and retail shares from 55% to 46%, between 2024 and 2025, though, institutional allocation didn't budge, while retail fell further to 37% [2] - Institutions are sticking to a smaller range of meme coins, while retail investors have more than doubled the amount of meme coins they're willing to trade [13] Sector Performance - Capital has been consolidating around currency networks (including Bitcoin), general-purpose blockchain networks (including Ethereum), and blockchain utility and tools [8] - Stable coins overtook memecoins to become one of the top three sectors [10] - Annualized memecoin activity in 2025 has dropped 29% from 2024 and 17% compared to the first half of 2024 [14]