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- Ripple’s $1B Bet to Unlock Trillions
Ripple’s $1B Bet to Unlock Trillions
PLUS: Powell Just Opened the Liquidity Floodgates
Welcome back to The Warmup.
Where price action’s been a rollercoaster all week and now that it’s Friday, the ride feels even wilder.
Here’s what we’re watching:
Market Snapshot
Ripple Makes $1B Move into Treasury Management
BTC Range Sweep Long
Fed Signals End of QT Could Be Near
Market: Crypto is taking a beating with BTC, ETH, and SOL all down sharply, while equities are mostly flat and the Dow is slightly positive. DXY is holding steady with a small uptick, and VIX cooled off after Friday’s chaos.
Ripple Makes $1B Move into Treasury Management
What’s going on:
Ripple just acquired GTreasury, a leading treasury management platform, for $1B. The deal gives Ripple a direct path into the multi-trillion-dollar corporate treasury market and access to some of the world’s biggest corporate clients.
This is Ripple’s third major acquisition this year, following its $1.25B purchase of prime broker Hidden Road in April and its $200M buy of stablecoin platform Rail in August.
GTreasury brings four decades of experience supporting global corporations with risk management, FX, compliance, and audit systems.
Together, Ripple and GTreasury plan to unlock new growth by combining blockchain payments with traditional treasury tools.
What it means:
Ripple is positioning itself as a bridge between corporate finance and blockchain. With GTreasury, it can offer real-time cross-border payments and new access to the global repo market via Hidden Road.
For corporations, this could mean putting idle capital to work, cutting settlement times, and reducing costs. For Ripple, it cements its push into becoming a major infrastructure player beyond just XRP.
BTC Range Sweep Long
What’s going on:
We got a range sweep, setting up a potential long entry. Price action is choppy, so conditions aren’t perfect, but the setup is valid.
Key levels we’re watching:
Entry: $108,800
Targets: $112,700 → $113,600 → $115,900
Stop-loss: $105,400
Directional Bias: Cautiously bullish
Bias remains bearish after Friday’s drop, so this is a setup to take with caution. The range sweep is there, but broader conditions are not ideal.
What we’re waiting for:
Spot accumulation or low-leverage follow-through above $110K
Volume confirmation on any move toward higher targets
Holding above $108K for momentum to build
Risk remains elevated, but the range sweep provides a tradable opportunity with clear levels to manage.
Fed Signals End of QT Could Be Near
What’s going on:
Jerome Powell hinted this week that the Federal Reserve may be close to ending its quantitative tightening (QT) program. Speaking in Philadelphia, he said the Fed “may approach that point [of ending QT] in coming months.”
QT is one of the Fed’s two big tools, alongside interest rates. Since mid-2022, the Fed has been shrinking its balance sheet by selling Treasuries. That drains liquidity from the system, pulling dollars out of the economy.
Ending QT means that constant drain would stop. That is generally bullish for risk assets like stocks and crypto.
Powell also pointed out that “downside risks to employment have risen,” which is Fed code for more rate cuts on the horizon.
What it means:
Liquidity pressures that have been weighing on markets may start to ease soon. An end to QT stops the dollar outflow and a rate cut cycle would add even more fuel.
Translation: markets could be entering a friendlier environment.
If this shift plays out, Bitcoin, gold, and equities could all catch strong upside momentum as investors reposition for more liquidity.
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Is the Fed’s signal the start of a new liquidity wave? |
Pullbacks are part of the game and this week reminded us of that.
If you were in spot and holding strong tokens, the dip was more of an opportunity than a setback.
The reset now sets the stage for a healthier climb in the weeks ahead.
We remain bullish on Q4 as spot flows build and leverage demand follows.
— The Warmup Team
Always do your own research. This newsletter is supplemental material to help educate readers as they make their own decisions. Projects mentioned here are provided to give a potential early-mover advantage.