Bullish for XRP: Trader Decodes $589 In Ripple’s Circle Acquisition Bid

On X, well-known trader and XRP analyst Cobb (@Cobb_XRPL) posted a tweet linking Ripple’s reported efforts to acquire Circle Internet Financial to a longstanding symbolic number (589) within the XRP community. Cobb’s tweet reads: “5 x 8 x 9 = 360. 360 = circle. Therefore Ripple Circle acquisition is 100% confirmed. Way too bullish for XRP.” 5 x 8 x 9 = 360 360 = circle Therefore Ripple Circle acquisition is 100% confirmed Way too bullish for XRP — Cobb (@Cobb_XRPL) May 20, 2025 Cobb’s tweet references the numbers 5, 8, and 9—figures that, when multiplied, equal 360, the number of degrees in a full circle. By connecting the result to the word “circle,” Cobb implies a coded numerical confirmation of Ripple’s intention to acquire Circle, the issuer of the USDC stablecoin. He concludes the message by describing the development as extremely bullish for XRP. While the tweet does not cite direct sources or internal information, Cobb’s use of numbers—especially the sequence 5-8-9—carries notable weight. The number “589” has become a symbolic and optimistic price projection among XRP holders. It originated from an online meme involving a fictional chalkboard from The Simpsons that falsely portrayed the show as predicting XRP would reach $589. Although the episode never existed, the number means a lot to the XRP community, representing ambitious expectations and future breakthroughs. Ripple’s Pursuit of Circle Aligns With Strategic Market Expansion Reports from the crypto media, including Times Tabloid , indicate that Ripple has recently shown substantial interest in acquiring Circle Internet Financial. Circle is the company behind the USDC stablecoin, which currently holds a circulating supply of over $43 billion. Ripple’s first reported offer of $5 billion was rejected. In response, Ripple allegedly raised its offer to $20 billion. This increase signals a strong commitment to securing a leading role in the stablecoin space, a market that continues to expand in regulatory focus and utility. By acquiring Circle, Ripple would gain access to USDC’s infrastructure, regulatory positioning, and user base. It will also reduce competition for RLUSD adoption and growth. These assets are crucial to the adoption and success of RLUSD, Ripple’s stablecoin introduced in 2024. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Regulatory Concerns Remain a Barrier to Acquisition Despite Ripple’s substantial offers, Circle’s executive team is reportedly cautious. A primary concern is that merging with Ripple, an entity that has spent years entangled in legal proceedings with the U.S. Securities and Exchange Commission, could expose Circle and USDC to unnecessary regulatory uncertainty. Circle has worked to position itself as a compliant, transparent player in the stablecoin market, and its leadership appears wary of anything that could risk that perception. This hesitancy does not appear to have deterred Ripple, whose increasing offers suggest that it views the acquisition as essential to its strategic objectives. Ripple has consistently positioned itself as a technology firm aimed at transforming global finance through blockchain infrastructure. Gaining control of a regulated stablecoin like USDC would be a logical step toward that goal. Though Cobb presents his view confidently, it is ultimately a speculative interpretation rather than a disclosure of insider information. Nonetheless, it reflects a broader sentiment among XRP holders that Ripple’s recent actions signal a transformational moment. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Bullish for XRP: Trader Decodes $589 In Ripple’s Circle Acquisition Bid appeared first on Times Tabloid .

Source: TimesTabloid