What's up, guys? I hope you are all having a
fantastic day. I'm back with yet another XRP update, and today, we will talk about all the
juicy stuff that's happening to Ripple, XRP, and the XRP community. According to
Coinmarketcap.com, XRP is consolidating at the $0.83 level while finding its stability.
As always, Welcome back to Money Side- your favorite crypto news channel. If you
are new here, welcome to the XRP fam. Hit that 'Subscribe' button and turn on
your notifications to get notified whenever we put up our daily crypto news updates.
To kick things off, we can see this exciting interview that @XRPJackson about Rosie
In the video, Rosie says that she is especially pleased by the path of utility
that XRP has with cross-border payments. This is such fantastic news to hear. You should
definitely listen to what she has to say about the whole concept of cryptocurrencies.
Now back to today's topic, we can see a post by @NoellaNix on Twitter that says, "Australia's
largest banks all crash at the same time. This is why I love crypto. Nothing Suss though…"
yes, guys, some central banks in Australia were hit by a significant telecommunications
outage. The Commonwealth Bank, ANZ, Westpac Bank, St George Bank, and the Reserve
Bank of Australia were among those affected, with thousands of customers experiencing
technical difficulties from Thursday afternoon. This is another tweet talking about the same
event from @xrp27648639, "Online banking across several major Australian banks goes down." He
shares this picture from Downdetector that shows the banks that were affected by this outage.
@SourceD20 "What's up with these outages in the States and Australia?" He shares these
pictures where we can see that websites and major airlines were down.
Customers reported being unable to use banking apps and online services from about
2.10 pm, according to DownDetector, which tracks outage information in real-time.
At one point,
almost 50 entities were experiencing problems. It's understood the issues related to service
provider Akamai, which provides digital services to some of the world's biggest companies.
Comment has been sought from the company. I don't know how you all feel about this, but
guys, if this isn't a warning sign for everyone, I don't know what it is. You all need to
prepare for the great switch that we have all been talking about on this channel. As we have
said before, once such events start taking place, things will only start getting crazier. So, when
things happen, let them find you well prepared. Airlines, banks, stock exchanges,
and trading platforms suffered brief website outages early Thursday after a critical
piece of internet infrastructure failed, sparking the second significant interruption
of the past ten days.
Many of the outages were reported by people in Australia trying to do
banking, book flights, and access postal services. Internet monitoring websites including
ThousandEyes, Downdetector.com, and fing.com showed dozens of disruptions. Banking services
were among those heavily disrupted, with Westpac, the Commonwealth Bank, ANZ, and St George all
down, along with the website of the Reserve Bank of Australia, the country's central bank.
The Reserve Bank canceled a bond-buying operation due to technical difficulties facing several banks
that were to participate. Australia Post said on Twitter that an "external outage" had impacted a
number of its services. While most services had come back online, it was continuing to monitor
and investigate. Virgin Australia said flights were mainly operating as scheduled after restoring
access to its website and guest contact center. In a statement on Thursday, it said that
it had resolved an IT outage caused by a failure at Akamai Technologies, a global content
"Virgin Australia was one of many organizations to experience an outage
with the Akamai content delivery system," it said. "We are working with them to
ensure that necessary measures are taken to prevent these outages from reoccurring." Many
services were up and running after an hour or so, but the affected companies said they worked
overtime to prevent further problems. Akamai explained that a bug caused its outage
in one of its services that helps mitigate distributed denial-of-service (DDOS) attacks.
actors send tons of requests to access a website to overwhelm its systems and shut it down. The
company said it detected the issue immediately and alerted customers within seconds. According
to the company, Akamai took steps to bring many of the 500 customers who were using
this service back online within minutes. The company also said a system update or
a cyberattack did not cause the "issue." But something else far more interesting came up
later in the day. And we can see this tweet from @XANON49426364 that says, "Now we know why the
banks went offline." He further shares a link to this article by U.today with the headlines,
"New Ripple-Net Based ODL Corridor Set Up Between Australia and Vietnam".
Let's quickly go over this
article and see what it says. "Publicly-traded company Lynx Global Digital Finance Corporation
has announced that it's subsidiary Direct Agent 5 (DA5) has kicked off a direct remittance corridor
to Vietnam after integration with local payments provider FinFan. The latter is Vietnam's biggest
remittance company, and it works on RippleNet. Last year, when the pandemic broke out, FinFan
was Vietnam's first neo-banking institution that began using RippleNet and the Ripple
XRP blockchain network. Now, as part of the partnership, Lynx and its subsidiary DA5 will
have full-scale access to RippleNet for seamless cross-border payments." Remember, guys, this is
not just a coincidence. The outage was not just any other coincidence. Something big is definitely
cooking up and as always, let's stay ready. @blockchainluv tweeted, "These walls will come
down." He then shares this picture that says, "The World is changing, my friends.
utilizing the power of the internet are finally able to communicate with each other, and together
they are rejecting the shackles that the PTB have tried to place upon the masses. Money shall
not be controlled like it has been by unseen hands in dark rooms, for XRP is the spark plug that
ignites the engine of a bulldozer of change that will ram right through their walls of
stagnation. These walls will come down." Now that aside, let's talk about how people
feel about the SEC and Ripple lawsuit.
And we have this one tweet from @reb0rn13 that
says, "If you are selling your XRP right now because you feel that nothing is going to
happen 'short term' with Ripple and SEC. Go and do some more research. Ripple, as a big of a
fish they are, are JUST ONE FISH in a VAST OCEAN. Don't get caught up in mainstream
news. The bigger picture reveals all." In fact, even @Neloangelo413 tweeted,
saying that, "Like I was saying, the lawsuit isn't something you should be
concerned with. That's a distraction." But what this guy is saying here is absolutely true.
So many people are so obsessed with the lawsuit that they might fail to see the bigger picture. In
fact, we have a good number who think that Ripple is going to lose. But you and I both know that
this is all a show.
Ripple will win this case; we just have to be patient and wait for
the right time when this big event happens. @blebrock92 tweeted, "How can people still doubt
what's about to happen? It's told to you through the news, Riddler's, articles, and movies. This
is going to be so epic. #XRP." XRP is the chosen coin, and once the flip is switched, we can all
do our little victory dance. Again from @CK113311, he gives us this theory about the XRP settlement.
In his tweet, he says, "Theory, XRP to gifted (or similar) from Ripple to an entity that is
Non-Partisan and Non-National when it comes to politics. #IMF I guess. What's happening now?
Davos Summit. Who hosts it? #WEF #IMF #WorldBank. @RippleRiddler gave us clues in advance of
such an event." As we can see in this picture, Now @NCJRothschild tweeted, "All hell will
break loose… when the next bubble bursts." But when do you guys think this will be?
Somehow, I feel that this might be just an understatement as the central banks
will be prepared for the shift in money. There are just so many exciting events
happening right now with XRP that once the graph starts moving, there will be no
This will be the moment we have long waited for. It will all be worth it.
As we wind up today's video, let's take a look at this tweet from @gordongekko369
that says, "They building a narrative for we know what's coming." He shares this piece
from The Wall Street Journal with the headline, "Biden Warns on Cyberattacks, Navalny's Fate in
Putin Talks." We already know that cyber-attacks are coming and these guys are now just building
a narrative for it.
That's it for today; as you move along with your day, always
remember, "Your true potential remains hidden within higher levels of consciousness, waiting
to be unlocked." With that in mind, let’s take a look at the technical analysis of XRP.
Here's a quick look at XRP 4 hr chart. As we can see, the price has printed a falling
wedge and we should see a breakout soon. The best entry would be when the price breaks above
the Falling wedge with a good amount of volume. My idea is: Buy the breakout
from the falling wedge and take profits at the levels shown in the chart.
Profits can also be taken in the resistance zone. I've said it before and I'll say it again…
Crypto market of Alts has all the potential to 100X in current conditions and if we
look at fractals, it is very much possible. And yes, I know that fractals do not guarantee
repeated success, however if we take a look at this bull run, it is very reminiscent of the
2017 bull run, nearly identical in every move. Please keep in mind, We are not a licensed
All videos on this channel are intended for entertainment purposes only.
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