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60 Million XRP Shifted by Ripple to Anon Wallets Amid Partnership News According to on-chain data, Ripple has transferred 60 million XRP in different transactions to anonymous wallets. This development comes amid the announcement of a strategic collaboration between Garanti BBVA and Ripple aimed at enhancing the performance and security of Garanti BBVA's growing digital platform. According to Blockchain data tracker Whale Alert, the transfer of 60 million XRP, valued at approximately $30.1 million, was executed in two parts. The first transaction saw "30,000,000 XRP worth $15,908,943 transferred from Ripple to unknown wallet," while the second saw "30,000,000 XRP worth $15,908,943 transferred from Ripple to unknown wallet." 🚨 30,000,000 #XRP (15,908,943 USD) transferred from #Ripple to unknown wallet — Whale Alert (@whale_alert) October 23, 2024 The timing of these transfers is particularly interesting given the partnership announcement between Garanti BBVA and Ripple sparking speculation about the intention of the moves. It is possible that these XRP transfers could be related to liquidity provision, wallet reshuffling, operating funding to expand Ripple’s technology solutions or even selling. 🔸 Ripple inks new partnership with major Turkish bank subsidiary Garanti BBVA Kripto, a subsidiary of Garanti BBVA, one of Turkey's largest banks, has formed a strategic collaboration with Ripple. Garanti BBVA Kripto aims to provide high performance, security and customer trust standards for digital assets by establishing strategic collaborations with Ripple via the service provided by its subsidiary and IBM for the safe custody of its crypto asset trading platform, which serves over 14,000 users. Following a successful pilot in 2023, the bank is now spreading out the service to all of its customers. The integrated solution from Ripple Custody and IBM allowed the bank to build, implement and maintain institutional-grade key management infrastructure with end-to-end security to safeguard private keys, apps and data. #XRP #RIPPLE $XRP

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🔥 Sui to $2.60: Analyst Calls Massive Pump for Sui Price Analyst Ali has noted a standout performance for Sui (SUI), predicting a big rally ahead and a possible soar to over $2.60. Sui’s strong price gain of over 41% in the past month shows strong market dynamics and an equally supportive technical backdrop, leading into this bullish forecast. However, the recent analysis by cryptocurrency expert Ali, made popular by a tweet, spotlights a positive sign for Sui, which seems to be trading inside a rising parallel channel. This technical pattern indicates a big price increase when Sui retains crucial support levels and has positive momentum. In particular, the $2.00 level is of great importance, as its support at this level would continue with the current bullish perspective. Ali’s optimistic projection is based on SUI’s recent trading activity, which has resulted in a big price recovery and stability. Detailed charts on trading platforms such as TradingView show that the Sui has been able to drop off the channel’s lower trendline and push upward towards higher resistance levels. By feeding off this pattern, speculations of a continued uptrend came with targets well out of current prices. An increase in trading volume indicates that there is more interest and activity in Sui from a technical perspective. Very high 24-hour trading volumes are seen, alongside a strong market capitalization that will support future price upswings. The speed at which this price has been jumping up completely illustrates investor confidence and rising speculative interest. 🔸 #SUI Price Detailed Technical Analysis A closer look at the price action on Sui’s chart shows a line of higher lows and higher highs, a hallmark of the bullish trend. The recent candles in the channel are making a strong green recovery towards the higher boundary of the trading channel. The MACD indicates a bullish crossover, and the RSI lies in an upper neutral zone, implying that we might have space to continue growing upward and not immediately hit an oversold condition.

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🤔 Will Uniswap Price Hit $20 After $2 Trillion Ethereum Processing Milestone? Uniswap price faces volatility despite impressive growth. The ETH network's $2T milestone could drive UNI towards key levels, eyeing $20 Uniswap (UNI) price has recently undergone a minor market correction after a week of impressive bullish momentum. Following a notable price surge over the past week, the token’s growth has slowed slightly. Despite ongoing fluctuations in the broader market, the token still promises future gains, especially after Ethereum’s $2 trillion milestone in transaction processing, which may drive further upward movement, eyeing $20. 🔸 Uniswap Price Faces Volatility Amid $2 Trillion Milestone Uniswap, Ethereum’s dominant decentralized exchange (DEX), continues demonstrating significant progress. Recent data reveals that UNI’s price has processed over $2 trillion in transaction volume since its 2018 launch. This milestone highlights the platform’s growing influence and deep integration within the Ethereum ecosystem. With a total of $2.7 billion paid in gas fees on the platform, altcoi’s role in the Ethereum network is undeniable. As the broader market remains volatile, the massive volume processed on Ethereum suggests that token’s future price growth is increasingly likely. The altcoin has seen a significant surge of 15% over the past month, driven primarily by its recent listing on Upbit, a leading cryptocurrency exchange in South Korea. The announcement revealed that Upbit will support UNI’s ERC-20 tokens for trading against Tether (USDT) and the South Korean Won (KRW). 🔸 #UNI Price Analysis: Will Uniswap Surge to 140% This October? As of today, the price of UNI is trading at $7.67, showing a 4.97% decline in the last 24 hours. In today’s price performance, the token reached a high of $8.16 but dipped to a low of $7.73. Uniswap could witness a substantial price boost if bullish momentum returns to the market. A rise past the $10 threshold may pave the way for testing the $15 mark in the near future. #Uniswap

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IMF: Global public debt to reach $100 trillion in 2024 🤗 Our forecasts point to an inexorable combination of low growth and high debt – a difficult future. Governments must work to reduce debt and rebuild a safety net for the next shock – which is sure to come, and perhaps sooner than we expect. Translated from the IMF language: the world is on the brink of a new financial crisis and the current actions of the authorities are only making the situation worse. China and the United States are the leaders in accelerating the global public debt 🍸 The IMF is calling on politicians to reduce the budget deficit by cutting spending and raising taxes. And the authorities do not want to lose their political rating and are simply planning to delay the crisis for as long as possible, and then they will figure out who to blame for everything.

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🇷🇺 Cryptocurrency exchanges in Russia will be required to obtain a license and store all information about cryptocurrency owners for at least 5 years. In addition, exchanges must provide data to law enforcement and other government agencies upon request. All cryptocurrency exchanges operating in Russia will be required to store data on both the sender and recipient of cryptocurrency transactions. Rosfinmonitoring emphasized that this initiative will help investigate crimes in the cryptocurrency sphere. #BTC #Crypto

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