Will Ripple’s $20B Gambit Spark a Crypto Bidding War with Coinbase? 🤑

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Ah, the ever-chaotic world of cryptocurrency, where nothing is as it seems and every deal is a game of high stakes poker. Ripple’s humbling $5 billion Circle deal, a transaction that crumbled faster than a dry biscuit, has sent ripples (pun intended) across the market. But, dear reader, fear not! For in the midst of the debris, we find the glittering prospect of a fresh $20 billion gamble. Could this be the beginning of a *delightful* bidding war with Coinbase? The ever-astute John Deaton certainly thinks so. 😏

What Will Be Ripple’s Next Move After Circle Deal Failure?

Oh, the drama! Just when we thought Ripple had picked itself up from the wreckage of its $5 billion Circle fiasco, *wham!* – Brad Garlinghouse, the man with an insatiable appetite for larger-than-life acquisitions, hints at a staggering $20 billion deal. And here comes John Deaton, the ever-skeptical XRP lawyer, with a raised eyebrow, pondering the tantalizing prospect of a true David vs. Goliath battle between Ripple and Coinbase. A bidding war over Circle? Well, I do hope they provide popcorn at the gates of this crypto theater. 🍿

Is Brad Garlinghouse Ready to Offer $20B for Circle Acquisition?

Hold your horses, dear reader! The original $5 billion deal for Circle – a sum that was swiftly rejected by the stablecoin issuer faster than you can say “crypto market volatility” – now seems like mere pocket change. Rumor has it that Ripple is dusting off its checkbook and doubling its efforts with a hefty $20 billion proposal. Oh, the drama! 💸

And why the sudden rush? Perhaps Ripple has had a cheeky little realization that it’s no longer just about cross-border payments. With the launch of its RLUSD, a dollar-pegged stablecoin, Ripple seems to be venturing boldly into the stablecoin space. It’s as if they’re saying, “Who needs a mere payment network when you can *own* the future?”

Ripple vs. Coinbase: Will a $20B Circle Deal Spark a Brawl?

And then, of course, the pièce de résistance: the *true* speculation. What if, just what if, Ripple’s alleged $20 billion bid for Circle triggers a glorious showdown with Coinbase? Oh, the possibilities! As John Deaton so sagely points out, Coinbase’s own stake in Circle could turn this mere acquisition attempt into a full-fledged crypto bloodbath. There’s only one way to find out if the exchange will indeed rise to the challenge: sit back, grab your favorite beverage, and watch the crypto gladiators do battle. 🍷

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2025-05-02 10:58