Happy Wednesday!

Jim Cramer is not impressed by recent price action of physical and digital gold. Here’s why he says they both ‘failed’.

Ripple is testing its RLUSD stablecoin in a new pilot with the Singaporean central bank: here’s what it means for XRP.

Plus, silver’s recent move is unfolding alongside broader shifts in oil, inflation, and global markets, creating short windows where positioning matters. Matt Maley recently stepped into that move in SLV and will walk through the setup, the signals behind it, and where he’s seeing the next opportunities forming right now.

TOP STORY

Jim Cramer: Bitcoin, Gold 'Failed' As Crisis Hedges — All He Saw Were Margin Calls

Jim Cramer just called out both Bitcoin and gold as crisis hedge failures — and the data is hard to argue with.

Gold dropped as much as 27% from its January peak and just posted its longest losing streak in over a century — 10 consecutive days, the worst run since February 1920.

Bitcoin is holding above $70,000 but is down 20% year-to-date despite $2.5 billion in ETF inflows this month. "All I saw were margin calls," Cramer said.

The nuance: Bitcoin is quietly winning the relative battle — the BTC-to-gold ratio has surged 30% from recent lows to 16 ounces per coin

SPECIAL OFFER

How To Trade Volatility In This Fast-Moving Market

Silver’s recent move is unfolding alongside broader shifts in oil, inflation, and global markets, creating short windows where positioning matters. Matt Maley recently stepped into that move in SLV and will walk through the setup, the signals behind it, and where he’s seeing the next opportunities forming right now.

QUICK N DIRTY

Bitcoin, Ethereum, XRP are slowly creeping higher despite the geopolitical storm clouds hanging over the market: here’s what’s moving markets today.

Circle stock is in trouble after dumping over 20% on Wednesday. What happened? The market got the Clarity Bill wrong, according to Bernstein.

Robinhood announced a $1.5 billion stock buyback and HOOD liked the news in pre-market trading: here are all the details.

FINTECH FOCUS

Ripple To Test RLUSD Stablecoin In Singapore's Central Bank Pilot

Ripple is taking RLUSD into Singapore's central bank sandbox — and this is exactly the enterprise validation the market has been waiting for.

The pilot, part of the Monetary Authority of Singapore's BLOOM initiative, uses Ripple's XRP Ledger to execute trade finance payments automatically once shipment conditions are verified, cutting settlement from weeks to near-instant.

Singapore's regulatory backing signals RLUSD is being treated as institutional-grade infrastructure, not a crypto experiment.

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