Originally aired on November 8, 2023

Wendy O shares positive news on Ripple XRP partnerships and bullish price action in the crypto market. She discusses the tight supply of bitcoin as more investors hold long-term. Ripple makes announcements at its annual conference, including improvements to cross-border payments and crypto liquidity options. Wendy talks about Ripple’s partnership with HSBC on tokenized securities. She covers Ripple opening new payment corridors in Africa. The crypto industry is told to self-regulate to avoid misuse. But Wendy argues the industry has tried working with regulators, to no avail. She implies regulation is a smokescreen for control.

What is happening with bitcoin supply and price?

• Data shows 68% of circulating bitcoin supply has been untouched for over a year
• About 30% of total supply held for over 5 years
• Analysts see impressive bitcoin accumulation lately
• Supply metrics like liquid and long-term supply are at historic highs
• Wendy expects bitcoin to trade between $37K and $31K after a potential drop

How is Ripple improving cross-border payments?

• Upgraded Ripple Payments product announced at conference
• 70+ payout markets available globally
• Partnership with XRP Ledger DEX provides liquidity options
• 24/7 on-demand liquidity for clients
• Licenses obtained in US and Singapore

What major partnerships is Ripple announcing?

• HSBC offering tokenized security custody in 2024 using Ripple’s Medici
• Partnership with African fintech MFS Africa opening payment corridors
• 27 African countries connected to Australia, UK and Gulf states
• Monica Long: Ripple payments now cover 90% of African mobile wallets

How is the crypto industry being told to self-regulate?

• Deputy Treasury Secretary warns against misuse like sanctions evasion
• Calls for more collaboration between Washington and crypto companies
• Wendy argues the crypto industry has tried working with regulators
• She implies regulation is about control versus protecting consumers

00:00 – Shout out to the girl dads

01:15 – Shocking facts about cyber attacks

02:30 – The entire crypto market

03:05 – Thoughts about $GALA and Galachain

07:10 – BTC price analysis

10:30 – Long term BTC holding hits ATH

13:00 – Bullish Ripple announcements

20:35 – Binance launches web3 wallet

24:40 – Congress out to destroy crypto

26:40 – Gensler protecting criminals?

29:55 – Hot take on CBDCs

30:40 – Bitcoin ETF fees will eat your investment