According to the crypto commentator, Coinbase's sponsorship of political events, such as a military parade affiliated with President Trump, could undermine trust in decentralized crypto principles, potentially increasing market volatility for assets like BTC and ETH (source: article). Ripple's aggressive lobbying efforts in Washington D.C. and historical issues like FTX's corruption may further erode investor confidence, affecting prices and trading volumes for XRP and other cryptocurrencies (source: article). While Bitcoin ETFs add liquidity, they do not align with crypto's original ethos, which could lead to heightened uncertainty in crypto markets (source: article).