Ripple’s Big Sell, JPMorgan’s Crypto Move, Tesla’s Bitcoin Windfall

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Friday kicks off with Bitcoin circling like a confused eagle, trying to find its next perch. 🦅💸 XRP is playing hide-and-seek with $2.40, while stablecoins are still hogging the spotlight like they own the place. 🏦👀

The morning feed is basically a crypto version of a reality show: Ripple’s Chris Larsen selling $764 million in XRP (and still sitting on $9 billion), JPMorgan giving Bitcoin a VIP pass to Wall Street, and Elon Musk’s Tesla making $80 million from a stash it never touched. 🤯💎

TL;DR

  • Ripple’s Chris Larsen is basically a crypto version of a goldfish-always swimming, always selling, never staying in one place. fish💸
  • JPMorgan’s new crypto collateral plan is like giving Bitcoin a seat at the table… after calling it a “fraud” for years. 🏦🙃
  • Tesla’s Bitcoin profit is so unreal, it’s like winning the lottery and then forgetting you bought the ticket. 🎰🚀
  • Market check: Bitcoin $111,172, XRP $2.45, stablecoin dominance 7.14% (still too high, by the way). 💸

Ripple cofounder Larsen offloads $764 million in XRP, still holds $9 billion

Chris Larsen’s XRP selling streak is longer than a Netflix queue. According to CryptoQuant, he’s dumped $764 million since 2018, with another $120 million this month. And yet, he’s still got $9 billion in coins. It’s like he’s hoarding confetti at a party he’s not even at. 🎉💸

XRP is at $2.45, but the charts are about as reliable as a broken scale. If it can’t break $2.50, expect a descent into the $2.00 abyss. 🧗♂️📉

The $2.50-$2.60 zone is the crypto equivalent of a “last chance” sign. Miss it, and it’s goodbye $2.30, hello $2.00. 🚨

JPMorgan to let institutions use Bitcoin and Ethereum as collateral

JPMorgan, the bank that once called Bitcoin a “fraud,” is now letting clients use it as collateral. What’s next, a crypto wedding? 🏢💍

Charles Gasparino reacts to Bitcoin and $XRP sell-off disparity

– U.Today (@Utoday_en) October 24, 2025

This move is like finally letting a kid into the adult table after years of telling them they’re “too young.” 🍷👶

Competitors are already in the game: Morgan Stanley, Fidelity, and the rest of the Wall Street gang are playing catch-up. 🏁

Elon Musk Tesla’s $1.31 billion Bitcoin stash delivers $80 million profit in Q3

Tesla’s Bitcoin stash is like a piggy bank that’s been sitting under a bed for years. Suddenly, it’s worth $1.31 billion, and they’re cashing in $80 million. 🧾💰

Tesla’s Q3 numbers are… meh. But Bitcoin? It’s the silent hero. 🦸♂️⚡

Musk hasn’t added more BTC, probably because mining is too “energy-intensive.” Or maybe he’s just waiting for the next crash. 🧠💣

Evening outlook

Bitcoin is holding just above $111,000, but it’s like a tightrope walker with a fear of heights. 🕷️💸 XRP is stuck at $2.45, and stablecoins are still dominating like they own the place. 🏦👑

  • Bitcoin (BTC): Price $111,172, resistance $114,000, then $118,000 if cleared. Support $111,000 then $110,000, but below that the magnet is $108,000. 📈
  • XRP: Price $2.45, upside only if $2.50-$2.60 is retaken. Failures send it toward $2.30 and $2.00, with $1.95 as the structural floor. 📉

The big question is whether Bitcoin can finally rip through $114,000 before the weekend or if it’ll just close with a yawn and altcoins crying in the corner. 🤷♂️📉

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2025-10-24 14:33