Mastercard’s XRP Hackathon Move Draws Huge Attention

Mastercard Paves Path for XRP Ledger Hackathon amid Growing Crypto Momentum

Anthony, the host behind the Wall Street Bull show, places Mastercard’s participation in an XRP Ledger hackathon front and center of a broader crypto briefing that also covered Bitcoin’s sharp rebound, VeChain’s sudden price move, and the slow progress of U.S. market‑structure legislation.

According to the host, Mastercard is slated to join a 36‑hour XRP Ledger hackathon in New York beginning October 24, ahead of Ripple’s Swell conference the following week. The event reportedly includes development tracks for protocol innovation, agentic finance, and lending and borrowing.

Mastercard mention adds to XRP’s institutional narrative

The host described Mastercard’s involvement as “very, very bullish,” arguing it could draw greater developer attention to the XRP Ledger. No official statement or detailed breakdown of the company’s specific role in the event was provided.

Bitcoin rebound and Clarity Act process remain key market signals

Bitcoin traded just under $80,000 after roughly a 26 % weekly rise. The presenter noted the cryptocurrency had broken above its 200‑day moving average, offering chart commentary that could signal a breakout. Market conditions were described as “extreme greed,” with the CoinMarketCap fear‑and‑greed index at 80 and daily ETF inflows reaching $412 million. Despite the optimism, Tony warned audiences to avoid leverage, emphasizing that rapid gains can reverse quickly.

On regulation, the video focused on the planned September 15 Senate cloture vote linked to the Clarity Act. The host stressed that the upcoming vote would initiate a legislative process but would not finalize passage, given the work still required on amendments and additional votes.

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The discussion also highlighted a reported $28 million in XRP holdings across ETF‑related products from Bitwise, Franklin, and Canary, although no supporting documentation was visible during the segment.

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