RIPPLE XRP WILL WIN THE CASE? BITCOIN OVERVALUED? (DMU #22)

Mason Versluis breaks down Bitcoin at $57K, JP Morgan's claim it's overvalued, and Ripple's SEC lawsuit. Canada's Bitcoin ETF pulled in $421.8 million in days. Ripple's bank partnerships with Bank of Indonesia, RBI, and MoneyGram could be key to winning the case.
So she said to me, Craig, can you give me what I want? I don't know about you, but I feel so good, girl. I can make you feel real.
What is up? I am Crypto Mason. In this video, we are going to dive into the markets, dive into some interesting articles. There is some stuff coming about Ripple, coming out about Ripple XRP. It's February 21st. The case, the first meeting thing, whatever it is in court, is February 22nd. Um, so I am very excited to see what happens, but there's some, there's some very interesting articles if you stay till the end. Uh, but let's look at the market first. We've got $57,000 Bitcoin right here. Um, it is holding the prices. It's holding that level where like this is going to be $60K soon. People just need to, uh, like if you, if you're scared of investing in Bitcoin, it's, it is the safest investment out of all of these right now. I'd say it's only gonna only gonna go like a rainbow, kind of. But I still think that Bitcoin will have a bloody ending. But for the meantime, you can make money on it. Ethereum, $1,962. Binance Coin is below $300. What did this even get up to? I think it got up to like $300 or something. Yeah, almost Yeah, 300. It did cross $300. That is absolutely crazy. Um, I'm wondering if a coin like Crypto.com's coin— Crypto.com— I'm wondering if CRO can do that as well. It's only at 14 cents. What if this— what if a bunch of millions of people flow into Crypto.com when this really takes off and goes mainstream? Um, But XRP is at 7th place, 53 cents. LINK in 9th. Bitcoin Cash still in the top 10. I'm still a huge fan of, uh, Bitcoin Cash. XLM sitting at 50 cents. Let's check out, uh, let's check out HBAR. I haven't looked at it in a while. I was out late last night, but I'm still here doing this in the morning. 14 $0.07. This is still a good buy. Whoa, look at all these— look at this huge crash right here. We're not, not that big, but it's— we reached $0.15. And keep in mind, the all-time high for Hedera Hashgraph is like $0.40, I believe. But let's hop into the first article. Canada's first Bitcoin ETF hits $421.8 AUM in 2 days. This is here where I am. You can do this right now. It's a publicly traded Bitcoin exchange-traded fund. It collected $428 or $421.8 million in assets under management. Okay, that's what AUM means, assets under management. So this is crazy. I would— I've said this before, I would never do this personally. Because I like to have control of everything. I'm not just gonna, uh, I don't like the bank investment type of deal. And now we've got these absolute idiots called JP Morgan saying that Bitcoin is greatly overpriced, its fair value is $25K. These are the same people. Don't listen to this. Do this. Should be— if it says JP Morgan, throw it in the garbage. Throw it immediately in the recycling bin on your computer. These people said around like 4 weeks ago, they said that Bitcoin would never go past $40K again. Or no, it was like 6, 6 weeks ago they said, uh, Bitcoin would never pass $40K again. This is the— it'll never pass it again. A week later, that, that prediction lasted a week and it got shattered. So now they're saying that Bitcoin is greatly overpriced. It's its fair value is $25K. JP Morgan strategists— yeah, they are strategizing and they're spreading FUD. That's all they're doing. FUD. If you don't know what that means, fear, uncertainty, and doubt. FUD. FUD. Bitcoin is trading at twice its fair valuation. Bro, these people need to shut up. These people— I'm sorry. to Ripple that you have to work with these people. Um, you have to work with these absolute idiots. But it's the Wild West out here. Um, it is the Wild West, so they can do whatever they want, and they run the headlines probably. Now we got another one. Goldman Sachs and JP Morgan are reportedly buying exposure to one crypto asset, and it's not Bitcoin or Ethereum. Multiple banking giants are reportedly exposing themselves to one particular crypto asset, but it's not Bitcoin or Ethereum. Multiple banking giants are reportedly exposing themselves to one particular crypto asset. That's going to be everywhere, and it's going to be XRP. But they are saying that they're buying Polkadot. They're saying right here Goldman Sachs, JP Morgan are all using an ETP or an ETF tied to Polkadot's native asset DOT. So wow, um, there— one warning, warning right here. There has been a lot of people telling you that DOT and Cardano are better than Ethereum. That has been the whole thing right now. Cardano man, that, that, that nerd guy, he looks like a nerd, but he is a nerd. He's a smart-ass nerd and he's 50 times richer than me, but He is telling people that Ethereum sucks, blah blah blah. He's the founder of Cardano. And now we've got Goldman Sachs and JP Morgan buying DOT. And these are the three that are competing, right? And I showed you, or, um, you gotta watch out because Ethereum, to me, just my personal opinion, it's Ethereum, Polkadot, Cardano for the end game. End game, like I'm talking 0 to 5 years. Who's gonna prosper? Ethereum, DOT, Cardano. Just my opinion though. Many people right now would say otherwise. And here we go with some Ripple stuff. Ripple responds to new complaint from SEC on alleged manipulation of XRP. The top lawyer is responding to the release of an amended court complaint filed by the SEC. They say Larsen and Garlinghouse both played significant roles in negotiating and approving Ripple's institutional sales and other offers and sales of XRP to institutional investors, including while Garlinghouse was COO. Um, the only legal claim remains: did certain distributions of XRP constitute an investment contract. Disappointing the SEC needed to try to fix their complaint after waiting years to bring it in the first place. Yeah, why did they wait? Why did they wait to sue them? Why did they wait? They knew that they were selling these for like 7 years or something since like 2013. Um, but here is another huge news for Ripple XRP. Banks will be required to work with crypto, e-money, and CBDCs to survive. They don't survive. Banks don't survive. I've said this and this came out. I said this before, like many times before. I've said that banks are currently falling and they're gonna need a savior. They're gonna need a savior and it's going to be Ripple. It's going to be Ripple. Who else would it be? They're the only— they're the only one working with banks directly, with banks. You want to see their partnerships? Watch this, I'm going to show you their partnerships. By the way, the last article here is the best one, um, it's very optimistic, you'll see. But look at this, which one is the best one? This one, Steemit. Watch this. All of these— Bank of Indonesia, Bank of Thailand, MoneyGram, uh, all of these. Look, look, and people are trying to— JP Morgan right there. All of these— Deloitte, I've seen that. RBC, Royal Bank of Canada. If you're in Canada, this might be your bank that's partnered. TD Bank, that's my bank. Wow. Now this, this I found This is— says Japanese giant SBI Holdings plans to form joint cryptocurrency venture. Now, I was reading this article, but when I go down here, look what they said. Look what they're saying right here. SBI is among the few companies that have shown support for Ripple in the latter's lawsuit with the U.S. Securities and Exchange Commission. According to the SBI CEO, XRP was not regarded as securities in Japan, adding that it was optimistic Ripple would win the case. Are they gonna win? That is the question for this video. Are they gonna win the case? Um, make a prediction and maybe your comment will age well, uh, one day, because we're gonna maybe find out tomorrow. But that is gonna wrap it up. Thank you so much for watching. More, more videos coming very soon that are not daily market updates. But I do this— this one, the daily market updates are gonna continue every day. I think it's just a good way for me to get my thoughts out every day, and I'm documenting what's going on. So when we're all— when we all have some generational wealth in like 0 to 10 years, we can look back on these videos and see what was going on. But thank you for watching. Make sure you turn the post notification bell on so that you know whenever I drop a new video.
And goodbye.










