Ripple euro stablecoin teaser boosts SHIB whale bets; Cowen warns BTC vs gold could drop 30%

Ripple CTO Emeritus David Schwartz teased a possible Ripple euro stablecoin (RLEUR) by posting an “Eurion constellation” image tied to euro banknotes. The report links the hint to Ripple obtaining an Electronic Money Institution (EMI) license in Luxembourg, enabling payments across EU member states, and also securing UK FCA licenses. For trading flow, Shiba Inu (SHIB) is highlighted as a top bullish pick among Binance “top traders” after the FOMC. Despite hawkish signals and a softer Dow Jones, SHIB whale sentiment improved: Binance’s Top Trader Long/Short ratio rose to 1.11 (highest in ~3 weeks). Buy-side dominance increased, with 52.53% of top-trader position volume on buys and 57.75% by accounts, alongside accumulation near the $0.0000057 support area. On the macro side, analyst Benjamin Cowen warned that Bitcoin (BTC) could underperform gold and fall another ~30% in the BTC/gold ratio. BTC is trading below $70,000 in the article, and Cowen frames the BTC/gold chart as a “risk appetite” barometer. He expects potential stabilization and a more attractive bottom in the second half of 2026, assuming the pair finds support. Overall, the piece suggests a market shift from early-cycle euphoria to more institution-led accumulation after the latest Federal Reserve meeting, with next moves likely driven by broader macro stability.