XRP Banking Access Battle: Ripple CEO Confronts Wall Street Lobbyists Over Federal Reserve Accounts

In a significant development for the cryptocurrency industry, Ripple CEO Brad Garlinghouse has launched a public critique against Wall Street banking lobbyists who are actively blocking crypto firms from accessing the U.S. banking system. The confrontation centers around the crucial Federal Reserve master accounts, which serve as essential gateways for direct engagement with the central banking infrastructure. This clash represents a fundamental tension between traditional financial institutions and emerging digital asset companies, with XRP's position in the financial ecosystem hanging in the balance. The ongoing struggle highlights the regulatory challenges facing cryptocurrency adoption in traditional finance and underscores the importance of banking access for the growth and legitimacy of digital assets like XRP. As of October 2025, this battle continues to shape the landscape for cryptocurrency integration into mainstream financial systems, with potential implications for XRP's market position and future adoption.

Ripple CEO Brad Garlinghouse Criticizes Wall Street Lobbyists Over Crypto Banking Access

Ripple CEO Brad Garlinghouse has publicly condemned Wall Street banking lobbyists for obstructing crypto firms' entry into the U.S. banking system. These lobbyists are actively opposing companies like Ripple Labs from securing Federal Reserve master accounts—a critical gateway for direct interaction with the central bank.

The clash underscores a broader tension between traditional financial institutions and the crypto industry's push for legitimacy. While banks demand crypto adhere to anti-money laundering standards, Garlinghouse argues the sector is denied equal access to foundational infrastructure. "You can’t say one and then combat the other," he stated, labeling the stance as hypocritical and anti-competitive.

Crypto firms continue facing opaque barriers in securing Fed approvals, with Ripple’s recent application highlighting the uphill battle. The debate reflects a pivotal moment for regulatory parity in finance.

Analyst Warns of Potential 'Game Over' for XRP After Market Crash

Crypto analyst Steph's technical analysis suggests XRP may face prolonged bearish pressure following its recent crash to $1.20. The weekly chart shows troubling parallels to the 2021 correction cycle, where a 74% price collapse occurred after similar RSI divergence patterns.

The current bearish RSI divergence - where prices make higher highs while momentum indicators decline - mirrors the setup preceding XRP's 2021 downturn. This technical formation historically signals exhaustion in buying pressure before significant corrections. The current corrective phase has now lasted over 80 days, matching the duration of the 2021 downturn.

While a rebound remains possible, the structural similarities to previous collapse patterns raise concerns. 'This pattern has always indicated exhaustion in bullish strength,' Steph noted, drawing particular attention to the fading momentum despite price attempts to recover.

Ripple Expands African Footprint Through Strategic Partnership with Absa Bank

Ripple has secured a pivotal partnership with South Africa's Absa Bank, marking its first major custody collaboration in Africa. The agreement will see Absa integrate Ripple's institutional-grade custody technology to manage tokenized assets, including cryptocurrencies.

The move aligns with growing demand among emerging-market financial institutions for compliant digital asset solutions. Ripple strengthens its continental presence following earlier initiatives like supporting Chipper Cash's crypto-enabled payments and facilitating RLUSD stablecoin adoption in the region.

"We recognize the importance of providing secure, compliant custody solutions for digital assets," said Robyn Lawson of Absa Corporate and Investment Banking. The partnership leverages Ripple's proven technology to meet stringent security requirements while advancing digital asset integration into mainstream African finance.

XRP and Blazpay Emerge as 2025's Breakout Crypto Duo

As the 2025 crypto market enters its final stretch, investors are laser-focused on identifying the next explosive assets. Analysts increasingly point to an unlikely pairing: XRP, the resurgent institutional remittance token, and Blazpay, an AI-driven DeFi project currently in presale.

XRP continues its comeback narrative with growing enterprise adoption, while Blazpay's Phase 1 presale has already attracted $190,000 at $0.006 per token. The impending price hike to $0.0075 is creating urgency among early backers who recognize the project's multichain capabilities across Ethereum, Solana, and other major networks.

What sets Blazpay apart is its six-pillar ecosystem addressing crypto's fragmentation issues. Its developer SDK and cross-chain liquidity solutions position it as a potential infrastructure play in DeFi's evolving landscape—a sector where interoperability remains the holy grail.

XRP Price at Critical Juncture as Analyst Flags 3-Day Candle Behavior

XRP's prolonged consolidation phase faces a decisive moment as technical analysis points to a make-or-break threshold. Market watcher Egrag Crypto identifies $2.65 as the linchpin level, with sustained closes above potentially reigniting bullish momentum toward $2.14.

The cryptocurrency's recent price action between $2.40-$2.60 reveals a descending triangle formation—a pattern that typically precedes volatility. Three-day candle closes below $2.00 WOULD signal breakdown risk, while holds above current support could preserve the bullish thesis.

Egrag's chart analysis shows multiple retests of key levels, suggesting accumulation before potential directional resolution. The measured MOVE projection aligns with historical XRP volatility patterns, where tight ranges often precede explosive movements.

XRP Price Resilience Amid Whale Activity: Smart Money Accumulates Dip

A $63 million XRP transfer to Binance during Friday's market downturn sparked speculation, yet analysts maintain a bullish stance as institutional buyers capitalize on the dip. The token has rebounded 1.6% to $2.50, with trading volumes holding steady at 4% of its market cap—a signal of renewed bullish momentum.

REX-Osprey's XRP ETF (XRPR) demonstrates stability, maintaining $90 million in assets despite volatility. The fund's resilience mirrors diamond-handed accumulation by long-term holders during the sell-off, suggesting the Binance transfer represents isolated profit-taking rather than systemic bearishness.

Technical indicators favor upside potential. XRP bounced decisively from the $2 trendline support with above-average volume conviction. While still trading below the 200-day EMA, the RSI's recovery from oversold territory hints at building recovery momentum.