Crypto Chaos: XRP’s Heartbeat, SHIB’s Heartbreak, and Bitcoin’s Blip

by

Brad Garlinghouse: XRP is Ripple’s “Heartbeat”-Or So He Says

In a move that can only be described as a masterclass in corporate poetry, Ripple CEO Brad Garlinghouse took to X Spaces (yes, that’s a thing now) to declare XRP the “North Star” and “heartbeat” of his company. Because nothing says “financial infrastructure” like comparing your cryptocurrency to a vital organ.

  • XRP as liquidity. Garlinghouse doubled down, insisting XRP is the guiding light for Ripple’s various ventures, from Payments to Prime, Treasury to Custody, and whatever RLUSD is supposed to be. Truly, a man who loves his acronyms.

“It’s our purpose,” he proclaimed, as if XRP were the Rosetta Stone of the crypto world. “We’re driving utility, trust, and liquidity around XRP and the XRP Ledger.” Because, let’s face it, what’s more trustworthy than a currency that’s been called everything from a game-changer to a security in a never-ending legal saga?

HOT Stories
Morning Crypto Report: XRP Gains Momentum Ahead of CPI, Binance‘s 15,000 Bitcoin Fund Records First Profit, 3 Key Solana (SOL) Updates for February 2026 Detailed

Garlinghouse also noted that XRP has outperformed Bitcoin since November 2024, which is like bragging you’re the tallest person in a kindergarten class. Meanwhile, Bitcoin remains “essentially flat,” which is just a polite way of saying it’s taking a nap while the market goes haywire.

  • XRP vs. Bitcoin. Garlinghouse called last week a “bloodbath” for the market, which is rich coming from the guy whose company is still recovering from its own legal bloodbath. But hey, at least XRP is doing better than Bitcoin’s afternoon siesta.

“Zoom out and look at the broader landscape,” he advised, presumably while zooming in on his own bank account. Because nothing says “broader landscape” like a crypto market that’s more volatile than a toddler on a sugar high.

Shiba Inu Hits 2023 Lows: The Meme Coin’s Midlife Crisis

In other news, Shiba Inu (SHIB) has plummeted to levels not seen since 2023, proving that even meme coins aren’t immune to existential crises. Investors are now asking themselves the hard questions: “Did I really just bet my retirement on a dog-themed cryptocurrency?”

  • Price downtrend. SHIB has broken through technical supports like a bull in a china shop, except the bull is now lying on the floor, wondering where it all went wrong.

Every rally has been met with a swift smackdown from sellers, leaving the chart looking more bearish than a grizzly with a headache. Volume spikes suggest holders are capitulating faster than passengers on a sinking ship. Or, as one trader put it, “I’m not selling-I’m just donating to the SHIB foundation.”

  • Cutting losses. Stabilization attempts have been about as effective as a screen door on a submarine. Unless there’s a sudden influx of cash into risky assets, SHIB might as well start drafting its obituary.

But hey, at least it’s not Dogecoin. Yet.

Bitcoin’s Brief Blip: The US Jobs Report’s 15 Minutes of Fame

Bitcoin had a moment on Wednesday after the US jobs report dropped, spiking to $67,400 before realizing, “Wait, this is just algorithmic trading,” and promptly falling back to earth. Because nothing says “market confidence” like a rally that lasts about as long as a TikTok video.

  • BTC price rebound. The move was so short-lived, it’s like Bitcoin sneezed and the market said, “Bless you, now back to reality.” Down 8% over the past week, Bitcoin is on track to end the month in the red-again.

Traders, meanwhile, are grappling with the report’s doubled expectations, which is just a fancy way of saying they’re confused. But hey, at least they’re not SHIB holders.

Read More

2026-02-12 23:02