10 Aug 2025, 00:00

Here’s How Much XRP You Would Need to Surpass Elon Musk’s Wealth if the Price Reaches $10,000 per Coin

Levi of Crypto Crusaders recently sparked debate in the XRP community with a bold hypothetical: “If XRP were to hit ten thousand dollars per coin, how much XRP would you need to be the richest person in the world? … you would need 50 million XRP to be wealthier than Elon Musk if XRP hits $10,000 per coin.” While the statement captures attention, a closer examination of verified data reveals the scenario’s inherent implausibility. Elon Musk’s Net Worth as the Benchmark As of August 1, 2025, Forbes places Elon Musk’s net worth at approximately $401.2 billion, reaffirming his position as the world’s richest individual. This figure serves as the reference point for calculating how much XRP one would require to exceed Elon Musk’s fortune at a $10,000 valuation per coin. XRP Supply and the Market Capitalization Implications XRP’s current circulating supply is roughly 59.3 billion tokens, with a maximum total supply of 100 billion. At a hypothetical price of $10,000 per token, the circulating market capitalization would surge to around $593 trillion. THE #XRP SURGE IS HERE! pic.twitter.com/TUW6f9PDdR — Levi | Crypto Crusaders (@LeviRietveld) August 9, 2025 On a fully diluted basis, the figure would approach $1 quadrillion. For perspective, these amounts are many times larger than the total global GDP, underscoring the sheer economic improbability of such valuations. Breaking Down the Calculation Dividing Musk’s estimated $401.2 billion net worth by $10,000 per XRP results in approximately 40.12 million XRP needed to surpass his wealth. Levi’s cited figure of 50 million XRP, while slightly higher, offers a rounded and rhetorically impactful estimate suitable for social media discussion. Practical and Liquidity Constraints Even setting aside the implausible market capitalization, acquiring tens of millions of XRP at or near a $10,000 valuation would be virtually impossible in practice. The act of purchasing such a vast quantity would cause extreme market slippage, diminish liquidity, and deter market makers from participating. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 In addition, Ripple’s programmed escrow releases regularly inject more XRP into circulation, making the token’s available supply dynamic and unpredictable. These realities further diminish the feasibility of the scenario Levi describes. Final Assessment Levi’s statement—“You would need a 50 million XRP to be wealthier than Elon Musk if XRP hits $10,000 per coin”—is an engaging thought experiment and a testament to the aspirational spirit within segments of the crypto community. However, when assessed through the lens of updated net worth figures, current XRP supply data, and macroeconomic constraints, it becomes clear that the premise is far removed from practical financial reality. While the discussion fuels the imagination of XRP enthusiasts, it ultimately serves as a reminder that sound investment decisions should be grounded in verifiable facts and realistic market conditions. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Here’s How Much XRP You Would Need to Surpass Elon Musk’s Wealth if the Price Reaches $10,000 per Coin appeared first on Times Tabloid .

9 Aug 2025, 22:00

Trump-backed WLFI aims for Nasdaq debut with $1.5B token treasury

The Trump-linked project is courting institutional money while rewarding DeFi traders in the background.

9 Aug 2025, 21:30

Caitlin Long Breaks Silence on Donald Trump’s Executive Order

Earlier this week, President Donald Trump signed an Executive Order to halt unfair banking discrimination in America, drawing commentary from Caitlin Long. The order sets strict limits on when banks can refuse to serve lawful businesses, including crypto firms. The order also introduces an independent overseer to ensure compliance. The move has sparked debate in the crypto and financial community. Some see it as the end of “Operation Choke Point 2.0.” Others are waiting to see if the order will truly restore accounts to crypto companies that were previously debanked. Caitlin Long on Independent Watchdog for Crypto Debanking Issues In a recent X post , Custodia Bank founder and CEO Caitlin Long spotlighted these new changes. She said the creation of an independent overseer is the most significant part of the executive order. President Trump appointed Kelly Loeffler, a former U.S. senator, pro-Bitcoin, to oversee the compliance of the order. Her role is to monitor debanking activities outside of the control of the three main banking regulators. This includes the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve (Fed), and the Office of the Comptroller of the Currency (OCC). Before entering politics, Loeffler was CEO of Bakkt, an institutional Bitcoin futures platform. Her appointment proves that the current administration wants someone with deep knowledge of the crypto industry in a position of authority. Concerns About Political Bias in the Banking Sector Long said the decision to put the Small Business Administration (SBA) in charge shows a lack of confidence in traditional banking regulators. She added that it signals doubt about those agencies’ willingness to address political bias. Long notes that political leanings among Fed and FDIC staff may have influenced past actions. She pointed out that in 2024, up to 92% of their political donations went to Democratic candidates. Critics worry that such biases may have shaped regulatory decisions. It was noted that during the Biden administration, many crypto-related firms faced scrutiny . Some were even cut off from banking services despite following all legal requirements. Custodia Bank itself was cut off from several banking partners after regulators pressured them, despite having a clean compliance record. Protection for All Lawful Businesses, Not Just Crypto The executive order focuses on protecting lawful business activities instead of naming specific industries. This means banks cannot refuse services simply because a company operates in crypto , as long as the company follows the law. The rule also protects other lawful businesses that could face discrimination for political reasons. Caitlin Long believes the success of the order will depend on its practical results. If banks that previously shut out lawful crypto firms are compelled to reopen their accounts, the order will have achieved its goal. For now, the crypto sector is watching closely to see whether Trump’s debanking order leads to real change. Some fear it could become another unfulfilled promise in the long battle for fair banking access. The post Caitlin Long Breaks Silence on Donald Trump’s Executive Order appeared first on TheCoinrise.com .

9 Aug 2025, 21:10

JPMorgan sees Trump’s nomination of Stephen Miran to the Fed board as a problem

Donald Trump’s pick of Stephen Miran for Federal Reserve governor is attracting attention beyond his image as someone who favors low interest rates. JPMorgan’s analysts think that Trump choosing Miran might be part of a bigger plan to change the Federal Reserve Act, the law that defines the Fed’s powers, as reported by Fortune. According to a report by Fortune , this could reduce the Fed’s ability to make decisions without political interference. On Thursday, Trump named Miran , who currently chairs the White House Council of Economic Advisers, to fill the Fed board seat vacated by Adriana Kugler. Kugler stepped down before her term was set to end in January, and as Cryptopolitan predicted earlier, Trump would use this opportunity to reshape the Fed . Miran is best known for crafting a proposal before joining the administration, nicknamed the “Mar-a-Lago Accord,” aimed at reducing the U.S. trade deficit. But it is his 2024 co-authored paper proposing sweeping reforms to the Fed that is now getting renewed attention. In a research note Friday, JPMorgan’s chief economist Bruce Kasman and his team outlined the paper’s key recommendations. These include granting the U.S. president the authority to fire Federal Reserve board members and regional bank presidents at will, giving Congress control of the Fed’s budget, and transferring the Fed’s oversight of banks and markets to the Treasury Department. “There is little doubt that the consequence of these reforms would be to materially increase the influence of the president over U.S. monetary and regulatory policy,” the analysts wrote. Such measures would require congressional approval, and JPMorgan noted there is no clear sign lawmakers are ready to back such far-reaching changes. Still, Miran will join the Fed’s board with a detailed 2024 reform agenda. His paper accused the central bank of “groupthink” and expanding beyond its original purpose, claiming that his proposed changes would actually safeguard its independence, a view JPMorgan disputes. “The main threat to the Fed independence is not politically motivated turnover shifting the outcome of votes,” the analysts said. “Rather, the appointment fuels an existential threat as the administration looks likely to take aim at the Federal Reserve Act to permanently alter U.S. monetary and regulatory authority.” A Trump administration official said that statements made by appointees before entering the administration do not reflect official policy positions. Concerns are growing over Congress’s power to reshape the Federal Reserve Congress has the legal authority to change the Fed’s mission and powers. Last month, Wharton finance professor Jeremy Siegel told CNBC that Chair Jerome Powell might need to resign if he wants to protect the central bank’s long-term independence. Siegel warned that if the economy falters, Trump could make Powell a “perfect scapegoat” and push Congress to grant the White House more control over the Fed. He noted that the Federal Reserve, created by the Federal Reserve Act of 1913, is not mentioned in the Constitution and has had its powers altered by Congress multiple times. Senator Bernie Moreno, a Republican of Ohio, indicated last week that he is open to revising the Federal Reserve Act. His targets include the interest the Fed pays on bank reserves and its dual mandate. However, Moreno also said he supports the concept of central bank independence. JPMorgan analysts said the Fed still enjoys enough backing in the Senate to make major legislative changes difficult, given the 60-vote threshold needed to bypass a filibuster. Even so, the bank’s analysts believe the Fed will treat the threat to its independence seriously and may seek to defend it by making some concessions to the White House and Congress. A tilt toward easier monetary policy could happen under persistent calls from the White House to lower interest rates. Rates have stayed steady as the Fed monitors inflation risks, particularly from Trump’s tariffs. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .

9 Aug 2025, 20:50

Arthur Hayes is back to buying ETH above $4K days after he sold $8.3M in ETH

Arthur Hayes, co-founder of BitMEX, has made a swift return to Ethereum, and at a higher price, just days after offloading millions worth of the asset while warning it could slide to $3,000. Earlier this month, Hayes liquidated a sizable chunk of his Ethereum holdings, selling 2,373 ETH valued at about $8.32 million at the time, alongside $3.56 million in Ethena (ENA) and $1.43 million in meme token PEPE. In total, he offloaded over $13 million worth of crypto assets. His rationale was rooted in macroeconomic caution: in a blog post and social media commentary, Hayes pointed to weak U.S. jobs data and the economic drag from President Donald Trump’s newly announced tariffs as catalysts for an upcoming market pullback. In his outlook, Hayes predicted Bitcoin could “test” $100,000 while Ethereum could fall toward $3,000. “The Fed can’t save you this time,” he warned, suggesting monetary policy might not cushion the impact of potential economic shocks. That bearish sentiment was echoed by other traders who have been watching the Federal Reserve’s rate path and global trade tensions for signs of reduced liquidity in risk markets. Hayes’ quick reentry and a public change of heart But less than a week later, on-chain data revealed that Hayes had reversed course. Using $10.5 million in USDC, he repurchased ETH at prices above $4,000. The move, spotted by blockchain analytics platforms , caught many by surprise given the proximity to his earlier bearish call. Hayes addressed the switch with a tongue-in-cheek post on X (formerly Twitter): “Had to buy it all back… I pinky swear, I’ll never take profit again.” The comment quickly went viral among crypto traders, who appreciated the self-deprecating humor about market timing. While Hayes didn’t provide a detailed breakdown of what triggered the rapid turnaround, the Ethereum market has shown resilience in recent days. Institutional wallets have been accumulating heavily, and this has coincided with Ethereum’s price pushing to fresh 2025 highs. What’s next for the market? While concerns over U.S. economic health, rate policy, and geopolitical frictions remain valid, the crypto market has repeatedly defied such headwinds when liquidity and institutional interest strengthen. For Ethereum specifically, growing demand from staking services, the anticipated impact of scaling upgrades, and a recovery in decentralized finance (DeFi) activity have all contributed to positive sentiment. The market’s ability to absorb selling pressure and rally toward yearly highs may have prompted traders like Hayes to reconsider short-term positioning. Still, questions remain about whether this was a calculated tactical trade or a shift in Hayes’s conviction. His upcoming keynote at WebX Asia in Tokyo is expected to be closely watched for any further clarification on his market outlook. Get seen where it counts. Advertise in Cryptopolitan Research and reach crypto’s sharpest investors and builders.

9 Aug 2025, 20:13

S&P 500 rose 2.4% and Nasdaq 100 gained 3.7% last week, driven by mega-cap stocks like Apple and Nvidia

Stock market volatility has dropped to its lowest point this year, with the S&P 500 and Nasdaq 100 pushing toward fresh highs after a dominant week for the largest companies, according to CNBC. The S&P 500 jumped 2.4% last week, adding around $850 billion in value. The Nasdaq 100 rose 3.7%, setting a new record. Mega-cap stocks carried most of the weight, with Apple alone contributing $400 billion after pledging an extra $100 billion in U.S. investment, a move that appeared to shield its India-made iPhones from steep tariffs. Investors have been leaning on these giants as both defense and offense in the current bull market. This comeback came only a week after a weak July payroll report showed steep downward revisions to job growth since spring, sparking fears about consumer strength and leaving the Federal Reserve looking trapped. Those worries eased as traders increased bets on a September rate cut, helped by more dovish comments from Fed officials. Venu Krishna, U.S. equity strategist at Barclays, warned that by early August, the market had grown “a bit complacent” about the economy’s path. He said stocks will now need support from both earnings and macro conditions, which is complicated by ongoing tariff issues and August’s historically volatile trading patterns. Big gains at the top hide deep losses below While the indexes showed strength, sharp drops hit several companies. Twelve S&P 500 names fell more than 10% last week, most on disappointing earnings or outlooks. Eli Lilly lost 18%, ON Semiconductor dropped 16%, and Trade Desk plunged 37%. Bank of America reported that companies missing both revenue and earnings have seen stock declines over triple the 25-year average. The market’s rapid four-month climb has stretched valuations, leaving stocks exposed when results fall short. Even so, the S&P 500 has held just under 6,400, well above key support near 6,150, matching February’s peak and its 50-day moving average. Beneath the surface, a handful of companies dominate the gains. Nvidia now makes up 8.2% of the S&P 500, the largest share for any single stock since at least 1981, and is likely the most expensive top index component in history by price-to-earnings ratio. Todd Sohn, ETF strategist at Strategas Research, noted its weight is nearly equal to the entire healthcare sector. Six companies now account for a third of the index, while the top ten make up about 40%. AI-related growth is the main driver, with capital spending in the sector becoming a key contributor to GDP. The largest companies are responsible for nearly all earnings outperformance, with the equal-weighted S&P 500 lagging the market-cap version by seven percentage points annually over the past three years; 9.5% compared to 16.9%. Krishna compared the situation to “overdoing one of those max-protein diets,” where too much concentration could create risks. Valuations climb as AI leaders dominate The Nasdaq 100 now trades near 28 times next year’s forecast earnings, a level topped only during the pandemic rally in the past two decades. Some valuations have created unusual comparisons: Johnson & Johnson and Palantir Technologies are now worth roughly the same, at around $420–$440 billion. Johnson & Johnson’s market value is backed by $93 billion in expected 2025 revenue, $26 billion in net income, a 3% dividend yield, and one of only two triple-A credit ratings left in the market, with 4% projected growth next year. Palantir’s valuation sits at $4.1 billion in 2024 revenue and $1.6 billion in net income, though it runs one of the fastest-growing and most profitable software operations in years, with deep government ties and strong retail investor demand. The biggest players in the AI sector, both on the hyperscaler and hardware side, are benefiting together. Microsoft and Meta are spending most of their free cash flow on data centers supplied by companies like Nvidia. This leaves less cash cushion for the buyers, but strengthens the top supplier. Defensive and value stocks have almost no demand. Cyclical stocks are outperforming defensives, a pattern that tends to happen when recession risk looks low. For staples to see major gains, recession chances would need to rise, and interest rates would have to fall. The value rebound of 1999 came mostly from expensive growth stocks crashing, not from cheap stocks soaring, and today’s setup is not yet that extreme. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot