Fear not, dear reader, for it is not the grandees of finance who are fleeing this sinking ship, but rather the petit bourgeoisie of retail wallets and short-term holders, whose resolve has finally crumbled like a stale biscuit. 🍪✨
The price action, which is about as reliable as a GPS in a desert, suggests an opportunity rather than a signal of sustained weakness. Or maybe it’s just the universe’s way of saying, “Hey, you’re doing great, keep going!” 🌌
The notion is rather simple, what? As the Ledger expands beyond mere payments – becoming a global hub for all sorts of financial tomfoolery with tokenized assets and whatnot – new avenues for participation may present themselves. The rub is whether these newfangled roles should come with financial carrots, and if so, how to implement them without upsetting the apple cart which has served the XRPL so admirably.
Consider the numbers: a stock price collapsed 69% in a year, a market capitalization of $1.48 billion against a debt mountain. Once, at $50 per share, Six Flags danced with euphoria; now, it shivers in the shadow of its own ambitions. The acquisition of Cedar Fair-a Sisyphean merger-unleashed a cascade of woes: synergies delayed, costs bloated, weather unkind. The shareholders, like Dostoevsky’s Underground Man, gnash their teeth at the absurdity of misfortune.
Prime Capital, that paragon of prudence, has opened a new position in CAVA, acquiring 541,330 shares as of Sept. 30, 2025. The SEC, ever the scribe of financial sorcery, recorded this in a Nov. 13, 2025, filing. The CAVA potion now constitutes 3.9% of the fund’s U.S. equity elixir.
On Nov. 13, 2025, the SEC received a filing that could make a medieval scribe weep. Ruane Cunniff, our intrepid fund, added 756,219 shares of MSA Safety Incorporated (MSA +0.88%) to its portfolio. By Sept. 30, 2025, it held 1,705,286 shares valued at $293.43 million. Imagine a knight hoarding gold coins in a dragon’s lair-that’s the vibe here.
XRP continues to charm the crypto world, this time with a newfound role in the lucrative realm of yield-driven strategies. On November 18, Cboe dropped a bombshell with the launch of the Amplify XRP 3% Monthly Premium Income ETF (aka XRPM), designed to add a dash of derivatives-driven flavor to the ever-thriving XRP market.
In a world where blockchain payments have become as essential as tea at a Russian dacha, the OCC has issued Interpretive Letter #1186, dated Nov. 18, 2025. It declares that banks may now squirrel away crypto-assets as principal to pay those pesky network fees-gas fees, if you will, the digital equivalent of oil for a horseless carriage. One wonders if the OCC’s typewriters were greased with cryptocurrency to produce such clarity.
This partnership, announced with great fanfare in a press release dated November 18, comes as Tether continues its relentless march across the financial landscape, leaving no stone unturned in its quest for dominance. Ledn, for its part, has had a banner year, originating over $1 billion in loans, with a staggering $392 million issued in the third quarter alone. Truly, a tale of two worlds colliding-one of stability, the other of ambition. 📈💼
According to the eagle-eyed sleuths at Whale Alert, this little maneuver hasn’t exactly slipped under the radar. The market’s abuzz with speculation, old bean, and not a soul can quite put their finger on what Ripple’s up to. Is it a bullish gambit, or merely a spot of housekeeping? The jury’s still out, what?
