FEDERALRESERVE

Crypto trader James Wayne is building a $70 million short $BTC position, expecting the crypto market to crash as the Iran-Israel conflict escalates.
Controversial crypto trader James Wayne believes the crypto market will go nuclear, and we're headed for World War 3 as the Iran-Israel conflict escalates.
Although he is a long-term bull for Bitcoin and crypto, Wynn believes the market will see a dip first before entering a major bull phase.
Wayne said he was adding more to his short $BTC positions as the price of bitcoin fell another 1.69 percent, heading toward the $103,500 level.


James Wayne Expects Crypto Market Crash
Amid the geopolitical landscape unfolding over the Iran-Israel conflict, there is an emerging debate over Fed rate cuts and market liquidity, with Governor Christopher Waller saying a rate cut is coming as soon as next month.
However, Jerome Powell has not indicated any intention to cut rates during the recent FOMC meeting earlier this week.
However, given the current macro environment and the looming war in the Middle East, James Wynn believes the crypto market will go nuclear.
With Powell refusing to budge, declining retail market participation, lack of liquidity, rising tensions in the Middle East, the overall picture looks critical, he said. In his message on the X platform, Wynn noted:
“If USA gets involved that is a declaration of a world war. In my opinion. Other countries will get involved and side with Iran. Tensions will rise. Markets will nuke. AND THEN we will get rate cuts and mass money printing. Ladies and gents, we are heading into the great reset. Crypto will win. But, lower, before higher”.
Crypto Trader Increases $BTC Short Position
In his message on the X platform, Wen said he would further add to his $70 million short position.
The crypto trader noted: "I think I'm going to add more to my short. There's nothing wrong with doubling down on your belief. That's what got me to where I am today." On-chain data shows that BTC bulls and bears are engaged in a fierce battle at the moment.

With the escalating Iran-Israel conflict, the crypto market faced heavy selling pressure, with the price of Bitcoin falling to $103,500.
Altcoins are experiencing an even bigger correction with Ethereum (ETH) down 4%. As a result, liquidations of the broader market increased to $481 million in the past 24 hours, according to Quinglass data.
#FederalReserve #BTC #fomc #JeromePowell #Market_Update

Bill Morgan dismissed rumors circulating about the possible seizure of $XRP escrow by the US government for his national reserve.
Speculations are rife about the possible inclusion of XRP tokens by the US government in its national treasury, as well as the potential seizure of Ripple's XRP escrow. However, Bill Morgan, Ripple's lawyer, denied the rumors and put cold water on the speculations.


Is the US government? Planning to take over Ripple's XRP escrow?
In a recent development, multiple sources have cited growing rumors about the US government's possible acquisition of Ripple's $XRP escrow for the National Reserve. Social media influencers such as John Square have hinted at the country's possible move as part of its crypto-reserve strategy.
However, XRP attorney Bill Morgan apparently shut down the rumors with a straightforward claim, "No, it won't." Morgan effectively denied any government plans to seize Ripple's XRP escrow, leaving no room for further speculation.

Other prominent voices on X, such as Pumpius, have also referenced rumors of the US government's XRP initiative. He added that while the idea of the US seizing XRP escrow seems unlikely, it could still happen.
Pumpius drew parallels with Bitcoin ETFs, which were once thought unlikely but eventually became a reality, showing that unexpected developments can and do happen. He said, "US officials are exploring whether Ripple's XRP escrow can be repurposed as part of the US national treasury. Too far? The same way Bitcoin ETFs once did."
Notably, these speculations come after Ripple released 1 billion XRP from escrow, According to reports, the tokens were unlocked in three transactions: 500 million, 300 million, and 200 million XRP, which is worth more than $2.2 billion based on XRP's current market value.
Rumor: The Federal Reserve uses XRP for payments.
Meanwhile, there are also speculations that the Federal Reserve is using XRP to make payments through its FedNow instant payment system. An X user posted a message discussing the Fed's $XRP payment,
"Not Tested, Not Rumored, 100% Verified."
While Volante Technologies, a partner in the FedNow pilot program, has incorporated Ripple's blockchain for cross-border payments, there is no official word that the Federal Reserve is using XRP for all transactions.
United States Crypto Reserve Strategy
Rumors circulating about the US government seizing Ripple’s XRP escrow are gaining momentum, especially in light of the government’s strategic crypto reserve plans. After introducing the Strategic Bitcoin Reserve proposal,
President Donald Trump revealed possible plans to include altcoins such as XRP, SOL, and ADA.
Importantly, the settlement of the XRP lawsuit is nearing its conclusion, raising hopes within the community that the token could be included in the US reserve. Clarification of XRP's regulatory status is fueling speculation about its possible inclusion.
While Ripple's technology is gaining traction in serious infrastructure, especially with its integration into cross-border payment systems, claims about US reserves and the Fed remain unverified. Such statements about XRP require solid evidence.
#Xrp🔥🔥 #FederalReserve #CryptoStocks #Ripple #Market_Update