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Scary Warning RIPPLE XRP Algorand Exposed (This will hit $3 Trillion by 2028)

Originally aired on August 9, 2023

In her latest episode, host Wendy O covers several topics related to recent cryptocurrency news and developments. She starts by discussing the ongoing Ripple lawsuit, mentioning that a new judge has set a tentative trial date for the second quarter of 2024. She also alerts viewers to some fake news circulating about the SEC dismissing its appeal in the case, emphasizing the importance of fact-checking crypto stories.

Shifting focus, Wendy talks about Coinbase’s new layer 2 blockchain Base that just launched. She notes that Base could see many opportunities for speculative meme coins but cautions viewers to do their research before investing in anything risky. On regulation, Wendy vociferously critiques the Federal Reserve’s new crypto oversight program and stablecoin focus, arguing it will stifle innovation without actually protecting consumers.

Other topics include predictions that a Bitcoin spot ETF could get approved within 4-6 months, Algorand’s questionable security status, and skepticism around the Aptos-Microsoft partnership. Wendy also covers the latest on SBF’s legal case, including potential additional charges related to illegal campaign finance.

Overall, the episode provides Wendy’s usual mix of crypto news, analysis, and opinions, with a particular emphasis on cautioning viewers to think critically, do their own research, and not blindly jump into speculative assets.

When’s the Ripple-SEC trial finally happening?

A new judge set a tentative trial date for Q2 2024, though the case continues to drag on.

Is Base ushering in the next era of meme coin mania?
Coinbase’s new layer 2 blockchain could see many speculative assets, but do diligence before buying in.

Why is the Fed’s new crypto oversight program problematic?

It may stifle innovation and push crypto activity overseas without actually protecting consumers.

Will we finally get a Bitcoin spot ETF approved soon?

Predictions point to possible approval within 4-6 months, though timing remains uncertain.

Is Algorand actually considered a security by regulators?

The SEC went after Algorand in the past, but its status remains questionable.

Does the Aptos-Microsoft partnership seem revolutionary?

Wendy is skeptical about its true impact and usefulness beyond developers.

 

00:00 – Intro

03:30 – XRP Ripple will go back to court

05:15 – The entire crypto market

05:25 – BTC daily, 12h & 4h

07:20 – XRP price analysis

09:00 – SEC Ripple appeal is fake

11:35 – Bitstamp removes alleged unregistered securities

14:35 – Join DCTA today

15:50 – Coinbase Base is now live

21:15 – Fed starts project to oversee crypto in US banks

22:00 – Stablecoin market to hit $3 trillion

26:45 – BTC spot ETFs will get approved all at once

28:50 – Algorand $ALGO partners with C foundation

32:20 – Atpos $APT partners with Microsoft

34:00 – APT price analysis

37:50 – Rollbit token pumps here’s why

34:20 – SBF FTX case updates

40:45 – Post Malone warns public about CBDCs