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Crypto analyst and influencer Ben Armstrong, who is the host of YouTube channel “BitBoy Crypto”, talked about about XRP (which is currently the seventh most valuable cryptoasset by market cap) in a video (titled “Bitcoin & XRP: 2 BEST Opportunities in Crypto”) for his super popular YouTube channel.
Here is what Armstrong said about Ripple and XRP:
- Ripple is “continuing to make moves.” As Ripple announced on its Insights blog on June 30, the Californian FinTech firm has hired Sendi Young as Managing Director of its European operations. Ripple said that Young would “oversee strategy and champion the expansion of Ripple’s global financial network technology, RippleNet, which delivers financial solutions that enable customers to easily run and scale their business.” Prior to joining Ripple, Young had “a five-year tenure at Mastercard, where she held leadership roles driving strategy, commercialization, bank-fintech partnerships and business development.”
- Ripple has invested in Mintable, an Ethereum-powered non-fungible token (NFT) platform.
- XRP is “going to crush it this year.” For those people who are not “philosophically opposed to the ‘centralized banker coin'”, XRP is “offering an incredible opportunity.”
- Ripple is ready to invest if necessary in order to get into the South American market.
- According to Armstrong’s sources, central banks seem to be getting ready to use XRP once the lawsuit of the U.S. Securties and Exchange Commission (SEC) against Ripple Labs has been “cleared away.”
DISCLAIMER
The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.
