Ripple Joins the White House Crypto Jamboree
Ripple slid into the White House on Monday with the smoothness of a butler who knows where all the keys are. The occasion? A high-spirited powwow with fintechs, bankers, and folks who can talk a kind of governance into a stablecoin even if it doesn’t want to.
Ripple has secured a seat at the very top table in Washington, a chair so grand it could double as a throne for a small, energetic monarch. The two-hour closed-door not-quite-secret meeting concentrated on the sticky issue of stablecoins, their yields, and the rewards they shower upon the fortunate-subjects that could set a whole market sighing with relief or gnash its teeth in suspense.
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The guest list read like a who’s-who of crypto and finance: Ripple, Coinbase, Tether, Kraken, Crypto.com, Paxos, Circle, and PayPal, rubbing shoulders with Fidelity, Cantor Fitzgerald, SoFi, and their respectable cousins in traditional finance. According to Eleanor Terrett, the atmosphere inside was described as “constructive,” with “positive vibes” and, mercifully, “no yelling.” One imagines the room not unlike a well-run drawing-room-except the tea is paid for in tokens and the conversation occasionally erupts into a chorus of speculative laughter.
Pete Brandt Flags the ‘Campaign Selling’ of Bitcoin
Enter Peter Brandt, that veteran of charts who wears a keen eye like a monocle and finds the joke in a moving average. He claims the eight-day slide in Bitcoin bears the hallmarks of a surgical, deliberate sale rather than a spontaneous pratfall.
Brandt’s eyes (metaphorically) light on two key levels: the already-broken $70,000 and a more foreboding target at $63,800, derived from a measured move after the wedge gave up the ghost. With over $850 million liquidated and fear metrics nosediving, this isn’t a mere brush of the rain; it’s a proper downpour.
If Brandt’s forecast has any bite to it, the market could be in for a deeper rinse that would make even the most industrious hodler reach for the soap and a towel.
CZ Pushes Back on Bitcoin Manipulation Claims
Changpeng Zhao, the man behind Binance, argues there’s no grand, conspiratorial puppetry behind Bitcoin’s moves and that any manipulation would be a fool’s errand with little reward.
The former head of Binance contends that macroeconomic news-rather than exchanges’ capers-drove the market tumble around Oct. 10. And he insists he and Binance draw no profit from cheek-by-jowl crypto trading; to bend a price would require capital so vast one might as well attempt to lift the moon with a spoon.
Since Bitcoin has become a multi-trillion-dollar behemoth, Zhao argues, the days of “manipulators” pulling strings without consequence are long past. The risk, he suggests, would be the kind of risk that would make even a bold gambler swallow his tea rather than double down.
Elon Musk Reaffirms Dogecoin’s Moonward Ambitions
The richest man on the planet stirred the pot with a moonshot jab at the Dogecoin crowd. In response to a viral bullish tweet, Musk declared that the meme asset’s ascent to the moon is inevitable, a statement as brisk and certain as a well-thumbed fortune-teller’s forecast.
Tesla and SpaceX’s maestro has long hinted at lunar ambitions for Dogecoin, and this latest nod seems to say, quite simply, “We’re still on it.” Five years removed from his first moonish whisper, the sentiment remains: up, up, and possibly away, weather permitting.
Vitalik Buterin’s On-Chain Activity Adds Pressure to Ethereum Sell-off
Vitalik Buterin, Ethereum’s co-founder, appears to be carrying on with a rhythm of his own, shuffling through on-chain moves that nudge ETH’s price in the direction of drama. Wallets linked to Buterin have traded roughly 2,961.5 ETH-about $6.6 million at an average of around $2,228 per ether-in the past three days.
ETH has already jostled away from important daily support zones around $2,800 and $2,700, and the current cascade toward the $2,100-$2,200 range feels urgent, as if a conductor has signaled an extended cadenza just as the audience begins to yawn.
In short, the timing is critical: Ethereum’s price structure might be awaiting a decisive cue from the hands of those who move more than numbers on a screen.
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2026-02-07 19:32