Originally aired on July 14, 2023
Wendy O discusses the recent court ruling that declared Ripple’s XRP token is not a security, fueling speculation of a crypto bull run. The speakers also touch on the potential impact of the ruling on the NFT market, caution against scams, and provide tips to avoid getting scammed.
Can XRP’s classification as a non-security spark the next crypto bull run?
- The recent court ruling declaring XRP as not a security has given hope of a crypto bull run.
- Ripple’s XRP token is now deemed not a security on secondary markets, bolstering confidence in other cryptocurrencies.
- The ruling may resurrect the NFT market as artists and creators feel more secure in developing projects on the blockchain.
Beware of scams and false airdrops associated with the ruling
- Scammers are taking advantage of the positive news to cheat and steal from unsuspecting individuals.
- Be cautious of airdrop offers, giveaways, and special deals associated with the ruling, as there are none officially endorsed by Ripple.
- Always verify official links and profiles to ensure authenticity and avoid falling victim to scams.
00:00 – Intro
00:20 – Guest introductions
05:40 – The entire crypto market
06:10 – XRP price analysis
07:00 – BTC price analysis
07:30 – Are we wrong about the Ripple ruling?
33:10 – XRP flips BNB market cap & shorters get destroyed
34:00 – Watch out for Ripple scams!
38:00 – Outro – Follow today’s guests on socials!