#Ripple获全面批准运营国家信托银行 $XRP Got the license, but the price isn’t rising. The market’s looking interesting.
The OCC gave final approval, allowing it to operate as a nationwide trust bank. RLUSD reserve management and custody will both be under federal oversight. That’s a seriously solid compliance foundation.
And yet it’s up just 0.7% in 24 hours, with a funding rate of 0.01%—longs are nowhere near crowded. Futures open interest is actually up 2.8%.
Either someone’s slowly accumulating on the good news, or bears are betting on a “sell the news” reaction. I don’t buy the sell-the-news thesis; a shakeout here would be healthier.
At 1.298, it still looks steady as long as it holds. If it breaks, we can act like this news never happened.
Are you betting it goes up or down? Come back in a few days and we’ll see. #XRP #Ripple Trust Bank
The OCC gave final approval, allowing it to operate as a nationwide trust bank. RLUSD reserve management and custody will both be under federal oversight. That’s a seriously solid compliance foundation.
And yet it’s up just 0.7% in 24 hours, with a funding rate of 0.01%—longs are nowhere near crowded. Futures open interest is actually up 2.8%.
Either someone’s slowly accumulating on the good news, or bears are betting on a “sell the news” reaction. I don’t buy the sell-the-news thesis; a shakeout here would be healthier.
At 1.298, it still looks steady as long as it holds. If it breaks, we can act like this news never happened.
Are you betting it goes up or down? Come back in a few days and we’ll see. #XRP #Ripple Trust Bank
