GM learners 🧠
Today on 'who do you know in crypto?'
Let's talk about the journey and impact of the Ripple's CEO, Brad Garlinghouse - @bgarlinghouse ⚡️
🫧Early Life & Education
Born: February 6, 1971, in Topeka, Kansas.
Education: BA in Economics from the University of Kansas.
MBA from Harvard Business School.
🫧Career Milestones
Yahoo! (2003–2009): He served as Senior VP, overseeing major platforms like Yahoo! Mail and Flickr. Authored the "Peanut Butter Manifesto," advocating for strategic focus within the company.
AOL (2009–2012): Held the position of President of Consumer Applications.
Hightail (2012–2014): Took on the role of CEO at the file-sharing service formerly known as YouSendIt.
🫧Joining @Ripple
2015: Joined Ripple as Chief Operating Officer (COO).
2016: Promoted to Chief Executive Officer (CEO).
Under his leadership:
Ripple raised $200 million in Series C funding.
Expanded RippleNet's global reach, facilitating faster and more affordable cross-border payments.
🧵...
Michael Saylor has suggested that #Bitcoin would have reached seven to eight figures before mainstream professional advisors start to embrace the asset.
Bitcoin’s adoption is expanding at an astronomical rate globally. The pioneering cryptocurrency has transcended its earlier status as a bubble to inclusion in reserve assets of prominent institutions and is now scaling towards national adoption.
Its price has also increased in tandem with this traction, with Bitcoin surging from its low of around $19,000 following 2022 market crash to an all-time high of $109,000. While these statistics look impressive, a recent analysis has highlighted that Bitcoin still has more ground to cover, especially among top-tier wealth managers.
Over $31T in Wealth Still Locked Away from Bitcoin
Crypto investment firm Tephra Digital shared interesting statistics on exposure to Bitcoin among top US wealth managers. The research tracked the disposition of professional financial advisors toward Bitcoin spot exchange-traded funds, which were launched over a year ago.
While the investment vehicles experienced astronomical traction in their first full year, with the BlackRock Bitcoin ETF becoming the most successful ETF launch in history, a considerable number of top-tier wealth managers still either restrict or entirely prohibit clients from buying Bitcoin. Specifically, over $31 trillion in wealth is still inaccessible to Bitcoin in the United States.
Meanwhile, the data, which Tephra drew from direct conversation with financial advisors, highlighted that inflows worth a staggering $10.32 trillion are locked away due to exposure prohibitions. Notable wealth managers in this category include Vanguard, Edward Jones, and Citibank.
The Bitcoin ETFs would have had access to nearly $21 trillion in wealth had some prominent firms not placed an embargo on exposure to product. For perspective, while financial advisors like Morgan Stanley, JP Morgan, and Goldman Sachs have allowed exposure to Bitcoin ETFs, they have restricted exposure by requiring clients to meet specific criteria.
#Crypto
$S Gaining Momentum in the Layer 1/Layer 2 Sector - Testing Daily High! 🚀📈
On the 15-minute timeframe, $S, operating within the Layer 1/Layer 2 sector, is currently trading at $0.5577, marking a significant +12.71% increase! It's now testing the 24h high of $0.5605. Trading volume is substantial at 102.96M S and 53.00M USDT.
✅ Key Observation:
#S , exhibiting strong upward movement on the 15m chart and nearing its daily peak. A break above could signal further gains.
Potential Next Targets:
🎯 $0.5605 (24h high - immediate resistance)
🎯 $0.5650 (Potential next resistance level)
🎯 $0.5700 (Further potential resistance if momentum continues)
🎯 $0.5800+ (Higher potential target given the strong bullish move)
Important: Watch for potential profit-taking at the daily high on this shorter timeframe. A breakout with strong volume would be a bullish signal.
🛡️Key Support Level (for potential pullbacks on the 15m chart):
🛡️ $0.5500 (Potential near-term support)
🛡️ $0.5450 (Next significant support level)
🛑 Stop Loss Consideration:
Consider placing a stop loss below the $0.5500 level, relevant to this 15m analysis, to protect gains.
Buy and trade here on $S
{future}(SUSDT)
BANKS MUST ADOPT CRYPTO OR BE EXTINCT IN 10 YEARS,ERIC TRUMP SAYS
Eric Trump, executive vice president of the Trump Organization and son of US President Donald Trump, has warned that banks must adopt cryptocurrency or risk becoming extinct within the next decade. He made this statement on April 30, 2025, while speaking to CNBC in Dubai.
Key Points
Adoption is Key: Eric Trump emphasized that banks need to watch what's coming in the crypto space and adapt to avoid extinction.
Current System is Broken: He described the modern financial system as "broken, slow, and expensive," favoring the ultra-wealthy.
Blockchain Benefits: Trump highlighted the benefits of cryptocurrency's underlying blockchain technology, which enables fast and inexpensive transactions.
SWIFT Criticism: He slammed cross-border transaction solutions like SWIFT, calling it an "absolute disaster" due to its slow transactions.
Rationale
Decentralized Alternatives: With crypto, traditional systems like SWIFT are at risk of losing market share to decentralized alternatives.
Instant Transactions: Trump pointed out that with DeFi apps and cryptocurrency, users can send money wallet-to-wallet instantaneously without high fees.
Market Outlook
Industry Bullish on Crypto: Despite some banks pushing back, industry executives are optimistic about crypto adoption in 2025, especially with governments like the US pushing a crypto-friendly agenda.
Previous Predictions: Eric Trump had previously predicted Bitcoin would hit $1 million per coin, and global governments would adopt cryptocurrency#StablecoinPayments #AbuDhabiStablecoin #XRPETFs
🔥 12th GMRX Token Burn Completed
We’ve just completed our 12th token burn, permanently removing 62 million GMRX from circulation — bringing the total burned to over 441 million tokens to date.
This burn is part of our ongoing execution of GAIMIN’s tokenomics, designed to support long-term value and sustainability through deflationary mechanics.
By reducing supply over time, these burns help increase scarcity — reinforcing our commitment to a healthy, utility-driven token economy.
GMRX Burn Overview
Total burns to date: 12
Total GMRX burned: ~441 million
Largest burn: 365 million GMRX
Smallest burn: 1,627.52 GMRX
📄 On-chain verification:
https://bscscan.com/token/0x998305efDC264b9674178899FFfBb44a47134a76?a=0x000000000000000000000000000000000000dead
No hype. Just consistent delivery on what we said we’d do.
Learn more at GMRX.io