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A pivotal point has been reached in the #Ripple-SEC legal dispute.
Uncertainty has been bred by swirling rumours and contradictory assertions.
The #SEC's actions have been contested by #Ripple's chief legal officer.
The resolution of the legal dispute between Ripple and the US Securities and Exchange Commission (SEC) is eagerly anticipated by #cryptocurrency aficionados. Rumours and negative predictions are rampant as the conclusion draws near, which makes it difficult to determine the SEC's leadership position.
Uncertainty has been bred by swirling rumours and contradictory assertions.
The #SEC's actions have been contested by #Ripple's chief legal officer.
The resolution of the legal dispute between Ripple and the US Securities and Exchange Commission (SEC) is eagerly anticipated by #cryptocurrency aficionados. Rumours and negative predictions are rampant as the conclusion draws near, which makes it difficult to determine the SEC's leadership position.
Analyst: Emergence of Bullish Cross On ASO Sets XRP For 23,238% Rally to $144. Here’s the Timeline
EGRAG CRYPTO, a respected market analyst, has drawn the XRP community’s attention to an intriguing development on the XRP Average Sentiment Oscillator (ASO). This development hints at the likelihood of a significant price rally over the next 275 days.
The Average Sentiment Oscillator is a market indicator that tracks the collective sentiment of market participants by calculating the average percentages of bullish and bearish sentiments.
This indicator consists of two lines: a blue line representing bullish sentiment and a red line representing bearish sentiment. The line with the higher value indicates the prevailing market sentiment.
XRP’s ASO Indicator History
EGRAG CRYPTO has long recognized the ASO’s potency in forecasting XRP’s price movements, with its initial report dating back to February 25. In that report, he unearthed two distinct instances where the ASO indicator precisely foreshadowed XRP’s price surges and declines through bullish and bearish crosses.
The bullish cross forms when the blue line rises above the red line, and a bearish cross forms when the red line goes above the blue. XRP experienced a bullish cross in March 2017 while trading between $0.00525 to $0.02254. Following this cross, XRP embarked on an astonishing rally, ultimately reaching its all-time high.
XRP experienced a bearish cross in September 2018, which caused a drop to $0.1747 in December 2019. Another bullish cross followed less than 2 years later, propelling XRP to $1.96 in April 2021. XRP was pushed back down in May after a bearish cross.
XRP’s Bullish Cross
EGRAG CRYPTO’s latest update from November 3 shows that the gap has closed. He stated, “I’ve been eagerly awaiting the #Bullish crossover of the ASO (Average Sentiment Oscillator) since February 2023. And guess what? It’s finally here!”
He pointed out that, historically, it has taken around 275 days, equivalent to nine months, for XRP to reach the top of its bull run after each bullish cross. He wrote, “If this pattern holds, the next 7-10 months could be filled with some spectacular fireworks!”
EGRAG CRYPTO did not provide a target in this prediction, but this update is a confirmation of an August update, backed by the ASO technical analysis, which had a target of $144. Considering the current price of XRP standing at $0.61, the target price would represent a 23,238% rally.
Disclaimer:
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Ripple's #xrp $XRP
The Average Sentiment Oscillator is a market indicator that tracks the collective sentiment of market participants by calculating the average percentages of bullish and bearish sentiments.
This indicator consists of two lines: a blue line representing bullish sentiment and a red line representing bearish sentiment. The line with the higher value indicates the prevailing market sentiment.
XRP’s ASO Indicator History
EGRAG CRYPTO has long recognized the ASO’s potency in forecasting XRP’s price movements, with its initial report dating back to February 25. In that report, he unearthed two distinct instances where the ASO indicator precisely foreshadowed XRP’s price surges and declines through bullish and bearish crosses.
The bullish cross forms when the blue line rises above the red line, and a bearish cross forms when the red line goes above the blue. XRP experienced a bullish cross in March 2017 while trading between $0.00525 to $0.02254. Following this cross, XRP embarked on an astonishing rally, ultimately reaching its all-time high.
XRP experienced a bearish cross in September 2018, which caused a drop to $0.1747 in December 2019. Another bullish cross followed less than 2 years later, propelling XRP to $1.96 in April 2021. XRP was pushed back down in May after a bearish cross.
XRP’s Bullish Cross
EGRAG CRYPTO’s latest update from November 3 shows that the gap has closed. He stated, “I’ve been eagerly awaiting the #Bullish crossover of the ASO (Average Sentiment Oscillator) since February 2023. And guess what? It’s finally here!”
He pointed out that, historically, it has taken around 275 days, equivalent to nine months, for XRP to reach the top of its bull run after each bullish cross. He wrote, “If this pattern holds, the next 7-10 months could be filled with some spectacular fireworks!”
EGRAG CRYPTO did not provide a target in this prediction, but this update is a confirmation of an August update, backed by the ASO technical analysis, which had a target of $144. Considering the current price of XRP standing at $0.61, the target price would represent a 23,238% rally.
Disclaimer:
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Ripple's #xrp $XRP
6 Times The SEC Lost In Court😮🇺🇲📍
How many times has the sec United States lost a case?
The SEC United States has lost 4 of its last 5 cases in the Supreme Court. This information was tweeted by #Ripple's Labs CEO Brad Garlinghouse in December 2022. The cases that the SEC lost were:
Salomon v. Securities and Exchange Commission (1987)
Free Speech Coalition v. Reno (1998)
MedImmune v. Genentech (2007)
2017, the SEC lost a case against Tesla CEO Elon Musk, who was accused of misleading investors about the company's production goals.
Liu v. Securities and Exchange Commission (2022)
Securities and Exchange Commission v. Ripple Labs Inc. (2023)
The SEC has also lost a number of cases in lower courts, but it is difficult to track the exact number. However, it is clear that the SEC has a losing record in some of the most important cases that it has brought.
The SEC's recent losses in the Supreme Court have been attributed to a number of factors, including the court's changing composition and the SEC's own legal strategy. The court has become more conservative in recent years, and this has made it more difficult for the SEC to win cases. Additionally, the SEC has been criticized for its aggressive legal tactics, which have sometimes backfired.
The SEC's losing record is a sign that the agency is facing challenges. However, it is important to note that the SEC has also won a number of important cases. The agency's overall record is still positive, but it is clear that the SEC needs to be more careful in the future if it wants to avoid further losses.
What is the SEC?
The SEC stands for Securities and Exchange Commission. It is an independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929. The primary purpose of the SEC is to enforce the law against market manipulation.
The SEC has three main goals:
Protect investors: The SEC ensures that investors have access to accurate information about securities and that they are not misled by fraudsters.
Maintain fair and orderly markets: The SEC works to ensure that securities markets are fair and orderly, and that investors have a level playing field.
Facilitate capital formation: The SEC helps to ensure that companies have access to capital, which is essential for economic growth.
The SEC has a wide range of powers, including the ability to:
Register securities: All securities offered for sale to the public in the United States must be registered with the SEC.
Prohibit fraud: The SEC can bring civil and criminal actions against those who commit fraud in the securities markets.
Set rules: The SEC sets rules governing the conduct of securities firms, brokers, and dealers.
Investigate complaints: The SEC investigates complaints from investors and takes action against those who violate the law.
The SEC is a powerful agency with a wide range of responsibilities. It plays a vital role in protecting investors and ensuring that the securities markets are fair and orderly.
The #SEC was created by the Securities Act of 1933 and the Securities Exchange Act of 1934.
The SEC is headquartered in Washington, D.C.
The SEC has a staff of over 4,000 employees.
The SEC's budget is over $2 billion.
Summary:
Despite the SEC's role and influence, it is good to note that they are not immune to losing cases. As with the #Binance U.S lawsuits and recent developments of "no proofs against Binance exchange", we should be expecting a case dismissal soon.
The whole #crypto2023 industry has eyes on this case and it's probably one of the biggest they've ever encountered.
More details soon...
Let's hear your thoughts below 👇
What's your prediction for the crypto lawsuits?
Follow us 📍
Like and Share Post 📍
Comment Below 📍
Cheers 🥂
Disclaimer:
The above post is only for #educational purposes only. Also, we do not offer financial advice, please always do your own research before Investing in any cryptocurrency. 🙏📈📉
The SEC United States has lost 4 of its last 5 cases in the Supreme Court. This information was tweeted by #Ripple's Labs CEO Brad Garlinghouse in December 2022. The cases that the SEC lost were:
Salomon v. Securities and Exchange Commission (1987)
Free Speech Coalition v. Reno (1998)
MedImmune v. Genentech (2007)
2017, the SEC lost a case against Tesla CEO Elon Musk, who was accused of misleading investors about the company's production goals.
Liu v. Securities and Exchange Commission (2022)
Securities and Exchange Commission v. Ripple Labs Inc. (2023)
The SEC has also lost a number of cases in lower courts, but it is difficult to track the exact number. However, it is clear that the SEC has a losing record in some of the most important cases that it has brought.
The SEC's recent losses in the Supreme Court have been attributed to a number of factors, including the court's changing composition and the SEC's own legal strategy. The court has become more conservative in recent years, and this has made it more difficult for the SEC to win cases. Additionally, the SEC has been criticized for its aggressive legal tactics, which have sometimes backfired.
The SEC's losing record is a sign that the agency is facing challenges. However, it is important to note that the SEC has also won a number of important cases. The agency's overall record is still positive, but it is clear that the SEC needs to be more careful in the future if it wants to avoid further losses.
What is the SEC?
The SEC stands for Securities and Exchange Commission. It is an independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929. The primary purpose of the SEC is to enforce the law against market manipulation.
The SEC has three main goals:
Protect investors: The SEC ensures that investors have access to accurate information about securities and that they are not misled by fraudsters.
Maintain fair and orderly markets: The SEC works to ensure that securities markets are fair and orderly, and that investors have a level playing field.
Facilitate capital formation: The SEC helps to ensure that companies have access to capital, which is essential for economic growth.
The SEC has a wide range of powers, including the ability to:
Register securities: All securities offered for sale to the public in the United States must be registered with the SEC.
Prohibit fraud: The SEC can bring civil and criminal actions against those who commit fraud in the securities markets.
Set rules: The SEC sets rules governing the conduct of securities firms, brokers, and dealers.
Investigate complaints: The SEC investigates complaints from investors and takes action against those who violate the law.
The SEC is a powerful agency with a wide range of responsibilities. It plays a vital role in protecting investors and ensuring that the securities markets are fair and orderly.
The #SEC was created by the Securities Act of 1933 and the Securities Exchange Act of 1934.
The SEC is headquartered in Washington, D.C.
The SEC has a staff of over 4,000 employees.
The SEC's budget is over $2 billion.
Summary:
Despite the SEC's role and influence, it is good to note that they are not immune to losing cases. As with the #Binance U.S lawsuits and recent developments of "no proofs against Binance exchange", we should be expecting a case dismissal soon.
The whole #crypto2023 industry has eyes on this case and it's probably one of the biggest they've ever encountered.
More details soon...
Let's hear your thoughts below 👇
What's your prediction for the crypto lawsuits?
Follow us 📍
Like and Share Post 📍
Comment Below 📍
Cheers 🥂
Disclaimer:
The above post is only for #educational purposes only. Also, we do not offer financial advice, please always do your own research before Investing in any cryptocurrency. 🙏📈📉
Can $XRP Price Reach $50? Crypto Analyst Predicts Massive Move
Fasten your seatbelts because according to one of the crypto industry’s top analysts, we could see #XRP shoot past its all-time high. Crypto analyst EGRAG made this prediction on social media by looking at past actions on the XRP price chart on the monthly timeframe to emphasize the importance of candle formations.
Since XRP gained some regulatory clarification in the US following #Ripple's partial court victory over the #SEC in July, the stock has experienced a wild ride. The cryptocurrency experienced a few price surges, was listed on numerous US-based cryptocurrency exchanges, and has been steadily rising in value since July.
In the middle of all of this, XRP's price action data indicates that it has lately produced green candles on the monthly frame. This has only occurred twice in XRP's history, according to EGRAG cryptocurrency, and both times the coin saw a significant price surge. From here, two possible outcomes could occur if past events are any guide. #Cryptoniteuae
Fasten your seatbelts because according to one of the crypto industry’s top analysts, we could see #XRP shoot past its all-time high. Crypto analyst EGRAG made this prediction on social media by looking at past actions on the XRP price chart on the monthly timeframe to emphasize the importance of candle formations.
Since XRP gained some regulatory clarification in the US following #Ripple's partial court victory over the #SEC in July, the stock has experienced a wild ride. The cryptocurrency experienced a few price surges, was listed on numerous US-based cryptocurrency exchanges, and has been steadily rising in value since July.
In the middle of all of this, XRP's price action data indicates that it has lately produced green candles on the monthly frame. This has only occurred twice in XRP's history, according to EGRAG cryptocurrency, and both times the coin saw a significant price surge. From here, two possible outcomes could occur if past events are any guide. #Cryptoniteuae
Ripple set to boom 💥
#Ripple's uses blockchain technology to transform value transfer and information transfer through international #payments processing partnerships.
Despite facing challenges from the SEC's enforcement action in December 2020, the company remains a compelling use case for #blockchains technology.
Ripple is set to boom 🔥 Sooner due to its recent developments happening around it ecosystem. It is working hard to becoming a means of #payments across the Globe 🌎. If it succeeds this actions it will bring more #investors to is community .
Fig 1.0 is ripple {XRP} logo
Guyz let's be on a look out on this Coin probably hodl a little value incase it follows my TA .
Follow me and make your comments 👇
Check out my previous updates
Despite facing challenges from the SEC's enforcement action in December 2020, the company remains a compelling use case for #blockchains technology.
Ripple is set to boom 🔥 Sooner due to its recent developments happening around it ecosystem. It is working hard to becoming a means of #payments across the Globe 🌎. If it succeeds this actions it will bring more #investors to is community .
Fig 1.0 is ripple {XRP} logo
Guyz let's be on a look out on this Coin probably hodl a little value incase it follows my TA .
Follow me and make your comments 👇
Check out my previous updates
Ripple CEO Criticizes SEC's Regulatory Approach, Sees Growth in Crypto.
In his speech at DC Tech Week today, #Ripple-XRP CEO Brad Garlinghouse expressed his critical views about the US Securities and Exchange Commission (SEC)'s recent legal actions against Ripple. He highlighted the SEC's extensive losses in its ongoing litigation with Ripple and suggested that an appeal by the SEC could further complicate matters.
Garlinghouse was confident enough in #Ripple's position to suggest that the company was prepared to take the fight to the U.S. Supreme Court if necessary. He alluded to a strong precedent that could work in Ripple's favor, citing historical examples where regulators have been defeated in the nation's highest court.
In his discussion, Garlinghouse drew parallels between #Ripple's legal challenges and those faced by Grayscale, where a judicial opinion criticized the SEC for its conduct, calling it "arbitrary and capricious." This criticism adds to a growing chorus of voices calling for a renewal of the US approach to cryptocurrency regulation.
The #Ripple CEO also noted the stark contrast between America's cautious approach to crypto policy and other nations' ability to attract investment through open and transparent regulations. He warned that the United States risks losing its potential dominance of the burgeoning crypto industry if it continues on its current regulatory path.
Despite these challenges, Garlinghouse remains optimistic about the future of cryptocurrency regulation in the US. He believes that within a decade, regulatory reforms could significantly spur the growth of cryptocurrency, benefiting the industry and positioning the #UnitedStates as a leader in the field.
$BTC $XRP
In his speech at DC Tech Week today, #Ripple-XRP CEO Brad Garlinghouse expressed his critical views about the US Securities and Exchange Commission (SEC)'s recent legal actions against Ripple. He highlighted the SEC's extensive losses in its ongoing litigation with Ripple and suggested that an appeal by the SEC could further complicate matters.
Garlinghouse was confident enough in #Ripple's position to suggest that the company was prepared to take the fight to the U.S. Supreme Court if necessary. He alluded to a strong precedent that could work in Ripple's favor, citing historical examples where regulators have been defeated in the nation's highest court.
In his discussion, Garlinghouse drew parallels between #Ripple's legal challenges and those faced by Grayscale, where a judicial opinion criticized the SEC for its conduct, calling it "arbitrary and capricious." This criticism adds to a growing chorus of voices calling for a renewal of the US approach to cryptocurrency regulation.
The #Ripple CEO also noted the stark contrast between America's cautious approach to crypto policy and other nations' ability to attract investment through open and transparent regulations. He warned that the United States risks losing its potential dominance of the burgeoning crypto industry if it continues on its current regulatory path.
Despite these challenges, Garlinghouse remains optimistic about the future of cryptocurrency regulation in the US. He believes that within a decade, regulatory reforms could significantly spur the growth of cryptocurrency, benefiting the industry and positioning the #UnitedStates as a leader in the field.
$BTC $XRP
#Ripple's audit and contract sparks legal firestorm and now it looks like ripple vs #SEC ….let’s wait what’s next because ripple argues that SEC had initially deemed post complaint conduct as irrelevant to the case which is filed.
*Hope this year is good for $BTC $ETH $BNB *
*Hope this year is good for $BTC $ETH $BNB *
XRP Now Available in 72 Countries With Combined GDP of over $8 Trillion
XRP may now be available in up to 72 countries within the MEASA (Middle East, Africa, and South Asia) region following its recent regulatory approval by Dubai within the DIFC.
The Crypto Basic recently disclosed that the Dubai Financial Services Authority (DFSA), the independent financial services regulatory body in the Dubai International Financial Center (DIFC), approved XRP under its digital asset regime.
The approval would give licensed crypto-focused companies operating within the DIFC the liberty to offer all forms of crypto-related services for XRP, including trading, lending, and others.
According to the announcement, XRP became the first crypto asset the regulatory agency granted legal and regulatory approval from an external application under its crypto asset regime within the DIFC. XRP joins other digital assets such as Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC), but these did not get approved through an external application.
Significance of the Development
Interestingly, recent discoveries confirmed that the development is more pivotal than most enthusiasts initially believed. The DIFC’s role as a leading financial center is not limited to Dubai or the UAE but extends its influence across a vast area, reaching the entire MEASA region.
Information from its official platform suggests that the DIFC has served as a central point for various financial activities, making it one of the primary destinations for businesses, investors, and financial institutions in the MEASA region for over two decades.
For context, the Middle East, Africa, and South Asia (MEASA) region encompasses up to 72 countries, including major players like India, Saudi Arabia, UAE, Israel, Turkey, Egypt, and Qatar. The MEASA region boasts a combined nominal GDP of over $8 Trillion, per recent estimates.
The DIFC has been instrumental in facilitating trade and investment within the MEASA region. It plays a vital role in linking investors and businesses from MEASA to the rest of the world. As a result, XRP’s regulatory clarity in the financial hub opens the doors for multiple opportunities in the 72 countries within MEASA.
Three years back, Ripple established its MENA (Middle East and North Africa) headquarters within the DIFC upon recognizing the potential opportunities that could come from operating within the hub. XRP’s entrance further solidifies its footing in the center.
Notably, XRP already secures regulatory clarity in some countries within the MEASA region with favorable crypto rules. Nonetheless, the recent approval from the DIFC could help bolster its prominence in the region, exposing it to several MEASA companies domiciled in the DIFC.
Disclaimer:
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Ripple's #XRPglobal $XRP
The Crypto Basic recently disclosed that the Dubai Financial Services Authority (DFSA), the independent financial services regulatory body in the Dubai International Financial Center (DIFC), approved XRP under its digital asset regime.
The approval would give licensed crypto-focused companies operating within the DIFC the liberty to offer all forms of crypto-related services for XRP, including trading, lending, and others.
According to the announcement, XRP became the first crypto asset the regulatory agency granted legal and regulatory approval from an external application under its crypto asset regime within the DIFC. XRP joins other digital assets such as Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC), but these did not get approved through an external application.
Significance of the Development
Interestingly, recent discoveries confirmed that the development is more pivotal than most enthusiasts initially believed. The DIFC’s role as a leading financial center is not limited to Dubai or the UAE but extends its influence across a vast area, reaching the entire MEASA region.
Information from its official platform suggests that the DIFC has served as a central point for various financial activities, making it one of the primary destinations for businesses, investors, and financial institutions in the MEASA region for over two decades.
For context, the Middle East, Africa, and South Asia (MEASA) region encompasses up to 72 countries, including major players like India, Saudi Arabia, UAE, Israel, Turkey, Egypt, and Qatar. The MEASA region boasts a combined nominal GDP of over $8 Trillion, per recent estimates.
The DIFC has been instrumental in facilitating trade and investment within the MEASA region. It plays a vital role in linking investors and businesses from MEASA to the rest of the world. As a result, XRP’s regulatory clarity in the financial hub opens the doors for multiple opportunities in the 72 countries within MEASA.
Three years back, Ripple established its MENA (Middle East and North Africa) headquarters within the DIFC upon recognizing the potential opportunities that could come from operating within the hub. XRP’s entrance further solidifies its footing in the center.
Notably, XRP already secures regulatory clarity in some countries within the MEASA region with favorable crypto rules. Nonetheless, the recent approval from the DIFC could help bolster its prominence in the region, exposing it to several MEASA companies domiciled in the DIFC.
Disclaimer:
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Ripple's #XRPglobal $XRP
Expert Says XRP Is A Better Investment Instrument Than Amazon, Apple, and Netflix
Renowned crypto expert Panos Mekras has recently shared his perspective on the investment potential of XRP, drawing an intriguing comparison to the stocks of prominent companies in the technology sector, including Amazon, Apple, and Netflix.
Mekras argues that XRP presents a more extensive investment outlook than the stocks of these FAANG companies, pointing to a recent tweet by stock investor Brian Feroldi to support his claim.
XRP: A Lucrative Investment Opportunity
In his tweet, Feroldi emphasized that latecomers to the stock market still have ample opportunity to make substantial gains. He cited examples of successful investments in Apple, Amazon, and Netflix made five years after pivotal milestones in their development.
Feroldi concluded his tweet by highlighting that being late to the party might not be as detrimental as commonly assumed, stating, “You can be ‘late’ and still win big.”
Mekras acknowledges Feroldi’s perspective and extends it to the realm of cryptocurrencies. He believes that the crypto space offers similar opportunities for latecomers but with even greater potential and a plethora of innovative projects.
Mekras emphasizes the vast possibilities within the crypto sphere, remarking, “It’s the same with crypto but with a much bigger potential and more opportunities. So many great projects, so much innovation.”
XRP and Avalanche: Blue-Chip Crypto Projects
Among the numerous crypto assets, Mekras singles out XRP and Avalanche (AVAX) as top-tier layer-one projects, akin to blue-chip assets in the cryptocurrency market. This distinction underscores the prominence and reliability of these cryptocurrencies, making them attractive investment options for those seeking long-term growth.
Mekras’s comments challenge the conventional notion that entering the market at a later stage hampers the potential for substantial gains. His perspective highlights the growing potential of cryptocurrencies as an investment asset class.
While cryptocurrencies were once viewed primarily as speculative investments, the maturation of the technology and its increasing adoption by institutional investors have propelled them into the mainstream.
Moreover, Mekras suggests that XRP, with its scalability and potential for widespread adoption, is well-positioned to benefit from this trend. As a result, XRP may emerge as one of the preferred cryptocurrencies for institutional investors seeking exposure to the crypto market.
Disclaimer:
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Ripple's #XRPInvesting $XRP
Mekras argues that XRP presents a more extensive investment outlook than the stocks of these FAANG companies, pointing to a recent tweet by stock investor Brian Feroldi to support his claim.
XRP: A Lucrative Investment Opportunity
In his tweet, Feroldi emphasized that latecomers to the stock market still have ample opportunity to make substantial gains. He cited examples of successful investments in Apple, Amazon, and Netflix made five years after pivotal milestones in their development.
Feroldi concluded his tweet by highlighting that being late to the party might not be as detrimental as commonly assumed, stating, “You can be ‘late’ and still win big.”
Mekras acknowledges Feroldi’s perspective and extends it to the realm of cryptocurrencies. He believes that the crypto space offers similar opportunities for latecomers but with even greater potential and a plethora of innovative projects.
Mekras emphasizes the vast possibilities within the crypto sphere, remarking, “It’s the same with crypto but with a much bigger potential and more opportunities. So many great projects, so much innovation.”
XRP and Avalanche: Blue-Chip Crypto Projects
Among the numerous crypto assets, Mekras singles out XRP and Avalanche (AVAX) as top-tier layer-one projects, akin to blue-chip assets in the cryptocurrency market. This distinction underscores the prominence and reliability of these cryptocurrencies, making them attractive investment options for those seeking long-term growth.
Mekras’s comments challenge the conventional notion that entering the market at a later stage hampers the potential for substantial gains. His perspective highlights the growing potential of cryptocurrencies as an investment asset class.
While cryptocurrencies were once viewed primarily as speculative investments, the maturation of the technology and its increasing adoption by institutional investors have propelled them into the mainstream.
Moreover, Mekras suggests that XRP, with its scalability and potential for widespread adoption, is well-positioned to benefit from this trend. As a result, XRP may emerge as one of the preferred cryptocurrencies for institutional investors seeking exposure to the crypto market.
Disclaimer:
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Ripple's #XRPInvesting $XRP
🚨 JUST IN:
FCA AND BANK OF ENGLAND PUBLISH PROPOSALS FOR REGULATING STABLECOINS!
THE BANK OF ENGLAND HAS ALREADY COMPLETED A PROOF-OF-CONCEPT WITH #Ripple's ‼️
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#BullRun #Stablecoins #IluPredictor #FCA
FCA AND BANK OF ENGLAND PUBLISH PROPOSALS FOR REGULATING STABLECOINS!
THE BANK OF ENGLAND HAS ALREADY COMPLETED A PROOF-OF-CONCEPT WITH #Ripple's ‼️
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#BullRun #Stablecoins #IluPredictor #FCA
Ripple Executive Swell Calls For Activity-Based Crypto Regulation In 2023.
#Ripple's Navin Gupta called for a change in the regulatory approach towards cryptocurrencies in his speech at the #Ripple-XRP Swell 2023 event today. Rather than focusing on the technology behind cryptocurrencies, Gupta suggested that regulations should be based on the types of activities for which they are used, such as payments or securities. He argued that this technology-agnostic perspective will result in more adaptable and effective rules that can keep up with the rapid evolution of blockchain technologies.
The call for a change in regulatory perspective is in line with recent developments in which the Group of Twenty (G20) approved a roadmap put forward by the International Monetary Fund (IMF) and the Financial Stability Board (FSB) for comprehensive global cryptocurrency supervision. Gupta highlighted the different reactions to cryptocurrency in the Middle East and North Africa (MENA) region; While some countries have embraced digital currencies, others have imposed bans or lack clear regulations.
To address these inconsistencies, Gupta suggested that it might be helpful to educate regulators and encourage non-speculative uses of cryptocurrencies. Such uses include remittances and payments, which are less volatile than speculative trading. To support this vision, Ripple has formed a partnership with Onafriq to develop new crypto-based payment corridors connecting various African countries with Australia, the UK and Gulf Cooperation Council countries.
Gupta's advocacy for a technology-neutral regulatory framework is part of #Ripple's broader strategy to promote a stable environment for digital currencies. Gupta believes that by focusing on the activity rather than the underlying technology, regulators can create guidelines that are both effective and adaptable to future innovations in the cryptocurrency space.
$BTC $XRP
#Ripple's Navin Gupta called for a change in the regulatory approach towards cryptocurrencies in his speech at the #Ripple-XRP Swell 2023 event today. Rather than focusing on the technology behind cryptocurrencies, Gupta suggested that regulations should be based on the types of activities for which they are used, such as payments or securities. He argued that this technology-agnostic perspective will result in more adaptable and effective rules that can keep up with the rapid evolution of blockchain technologies.
The call for a change in regulatory perspective is in line with recent developments in which the Group of Twenty (G20) approved a roadmap put forward by the International Monetary Fund (IMF) and the Financial Stability Board (FSB) for comprehensive global cryptocurrency supervision. Gupta highlighted the different reactions to cryptocurrency in the Middle East and North Africa (MENA) region; While some countries have embraced digital currencies, others have imposed bans or lack clear regulations.
To address these inconsistencies, Gupta suggested that it might be helpful to educate regulators and encourage non-speculative uses of cryptocurrencies. Such uses include remittances and payments, which are less volatile than speculative trading. To support this vision, Ripple has formed a partnership with Onafriq to develop new crypto-based payment corridors connecting various African countries with Australia, the UK and Gulf Cooperation Council countries.
Gupta's advocacy for a technology-neutral regulatory framework is part of #Ripple's broader strategy to promote a stable environment for digital currencies. Gupta believes that by focusing on the activity rather than the underlying technology, regulators can create guidelines that are both effective and adaptable to future innovations in the cryptocurrency space.
$BTC $XRP
Crypto Watchlist for the week ahead:
• $ARB - Arbitrum Day event starts on July 19th, there are expected to be major reveals.
• $MATIC - Polygon has a Polygon 2.0 announcement coming next week
• $SOL - Solana’s On-chain metrics are starting to look good following the pump of last week.
Generally, there could be a mild retracement in the prices of assets this week after the surge of last week led by #Ripple's victory, but a lot of assests have shown a potential for an upsurge.
A lot of other assets are also supposed to make a move this week according #crypto #Twitter , these include $Pendle and $Grail. $pendle can be found on #Binance , but $Grail isn’t listed yet.
As always, these aren’t Financial advice, please always do you research before investing in any #cryptocurrency token.
• $ARB - Arbitrum Day event starts on July 19th, there are expected to be major reveals.
• $MATIC - Polygon has a Polygon 2.0 announcement coming next week
• $SOL - Solana’s On-chain metrics are starting to look good following the pump of last week.
Generally, there could be a mild retracement in the prices of assets this week after the surge of last week led by #Ripple's victory, but a lot of assests have shown a potential for an upsurge.
A lot of other assets are also supposed to make a move this week according #crypto #Twitter , these include $Pendle and $Grail. $pendle can be found on #Binance , but $Grail isn’t listed yet.
As always, these aren’t Financial advice, please always do you research before investing in any #cryptocurrency token.
What fact behind cypto xrp ? 😱
· #xrp ,the digital currency 💰 powering Ripple's blockchain, aims👩✈️ to revolutionize cross-border payments."
· "Investors often see XRP as a bridge between traditional banking🏦 systems and the world 🌎 of crypto currency
· xrp consensus algorithm, known as the Ripple Protocol Consensus Algorithm (RPCA), sets it apart from other #crypto currencies."🪙🪙
· #Ripple's focus on partnerships with financial💵 institutions has contributed to XRP's position in the cryptocurrency💲💲 market."
· "XRP enthusiasts appreciate its speed and low transaction costs, making it attractive for international money transfers."
#Write2Earn #BinanceSqaure
· #xrp ,the digital currency 💰 powering Ripple's blockchain, aims👩✈️ to revolutionize cross-border payments."
· "Investors often see XRP as a bridge between traditional banking🏦 systems and the world 🌎 of crypto currency
· xrp consensus algorithm, known as the Ripple Protocol Consensus Algorithm (RPCA), sets it apart from other #crypto currencies."🪙🪙
· #Ripple's focus on partnerships with financial💵 institutions has contributed to XRP's position in the cryptocurrency💲💲 market."
· "XRP enthusiasts appreciate its speed and low transaction costs, making it attractive for international money transfers."
#Write2Earn #BinanceSqaure
#Small.cryptocurrency takes off, displacing #Solana
_Solana (SOL) marked an important milestone by overtaking #Ripple's XRP to become the fifth-largest cryptocurrency by market capitalization, which now stands at over $34.4 billion. In a notable rise, the price of SOL crossed the $80 threshold today for the first time since May of the previous year, reflecting an 8% increase on Wednesday alone. This rise in value coincides with a broader rally in the cryptocurrency market, highlighted by #Bitcoin's rise past the $44,000 mark. Solana's recent success is not limited to its price performance alone. The ecosystem showed strong growth, with Total Value Locked (TVL) showing a strong recovery. This rebound in investor confidence can be attributed in part to the successful claim of the first batch of Solana Saga smartphones, which notably included an airdrop of the BONK meme coin – a move that appears to have sparked more interest and activity within the Solana network.
$BTC $SOL $XRP
#FollowUsNow To see more breaking news 🚀✅💯💵
_Solana (SOL) marked an important milestone by overtaking #Ripple's XRP to become the fifth-largest cryptocurrency by market capitalization, which now stands at over $34.4 billion. In a notable rise, the price of SOL crossed the $80 threshold today for the first time since May of the previous year, reflecting an 8% increase on Wednesday alone. This rise in value coincides with a broader rally in the cryptocurrency market, highlighted by #Bitcoin's rise past the $44,000 mark. Solana's recent success is not limited to its price performance alone. The ecosystem showed strong growth, with Total Value Locked (TVL) showing a strong recovery. This rebound in investor confidence can be attributed in part to the successful claim of the first batch of Solana Saga smartphones, which notably included an airdrop of the BONK meme coin – a move that appears to have sparked more interest and activity within the Solana network.
$BTC $SOL $XRP
#FollowUsNow To see more breaking news 🚀✅💯💵
Step into the world of opportunity and excitement with Ripple's XRP!
Despite minor fluctuations, the trajectory of XRP is undeniably upward, hinting at incredible potential for investors.
With just a modest $1,000 investment, you could be on the path to millionaire status as XRP's value skyrockets. Picture this: a surge to $500 per XRP coin is not only possible but eagerly anticipated by industry experts, including our esteemed Trading Machine AI specialists.
According to our insightful projections, XRP's journey to $500 may arrive sooner than you think, potentially even before 2050! This exhilarating forecast, rooted in meticulous analysis, fuels our anticipation for what lies ahead in the world of crypto trading.
As cited by renowned analysts, including those at Changelly, XRP's price has the potential to oscillate between a projected low of $544 and an electrifying high of $629 by 2050.
These figures are not mere speculation; they are based on thorough research and expert analysis, providing a solid foundation for your investment decisions.
But what factors are propelling XRP towards this thrilling future? Our experts, specializing in Trading Machine AI, emphasize the pivotal role of resolving legal disputes and expanding global adoption in driving XRP's ascent.
With each step forward in these areas, the stage is set for XRP to reach new heights, transforming the fortunes of investors worldwide.
In essence, now is the time to embrace the excitement and anticipation surrounding Ripple's XRP. As the crypto landscape evolves, opportunities abound for those willing to seize them.
Join us on this exhilarating journey towards financial prosperity, guided by cutting-edge insights from our esteemed Trading Machine AI experts. With their expertise and your investment savvy, the sky's the limit in the world of automatic trading and bot trading.
Don't miss out – the future of crypto trading awaits!
#Write2Earn #Write2Earn #Ripple's
Despite minor fluctuations, the trajectory of XRP is undeniably upward, hinting at incredible potential for investors.
With just a modest $1,000 investment, you could be on the path to millionaire status as XRP's value skyrockets. Picture this: a surge to $500 per XRP coin is not only possible but eagerly anticipated by industry experts, including our esteemed Trading Machine AI specialists.
According to our insightful projections, XRP's journey to $500 may arrive sooner than you think, potentially even before 2050! This exhilarating forecast, rooted in meticulous analysis, fuels our anticipation for what lies ahead in the world of crypto trading.
As cited by renowned analysts, including those at Changelly, XRP's price has the potential to oscillate between a projected low of $544 and an electrifying high of $629 by 2050.
These figures are not mere speculation; they are based on thorough research and expert analysis, providing a solid foundation for your investment decisions.
But what factors are propelling XRP towards this thrilling future? Our experts, specializing in Trading Machine AI, emphasize the pivotal role of resolving legal disputes and expanding global adoption in driving XRP's ascent.
With each step forward in these areas, the stage is set for XRP to reach new heights, transforming the fortunes of investors worldwide.
In essence, now is the time to embrace the excitement and anticipation surrounding Ripple's XRP. As the crypto landscape evolves, opportunities abound for those willing to seize them.
Join us on this exhilarating journey towards financial prosperity, guided by cutting-edge insights from our esteemed Trading Machine AI experts. With their expertise and your investment savvy, the sky's the limit in the world of automatic trading and bot trading.
Don't miss out – the future of crypto trading awaits!
#Write2Earn #Write2Earn #Ripple's
Whale Movements and Price Increase Continue in XRP.
Classic whale transactions in #XRP continued today. After the whale transactions on Friday, attention turned to the charts of the altcoin again. Additionally, these whale transactions coincided with the price increase of XRP, #Ripple's native token.
Cryptocurrency investors and traders continue to analyze cryptocurrency intensively. According to data from different sources, it was stated that more than 42 million XRP was transferred to CEXs in several transactions.
A famous crypto analyst shared contrary thoughts about the price increase that the Ripple-backed token saw today. According to Whale Alert, known for monitoring whale movements on the blockchain, two significant whale transactions took place for #XRP on December 15.
According to the data obtained, it was revealed that two important transactions were made by an unknown wallet and #XRP was transferred to Bitstamp and Bitso, resulting in a collective movement of 42.6 million XRP.
At the time of writing, the #XRP price has reached $0.6318, experiencing a relatively small increase of 0.82% in the last 24 hours. The token was seen moving upwards compared to yesterday's market recession. Additionally, 24-hour trading volume increased by a significant 8.05% to $1.54 billion.
$BTC $XRP
Classic whale transactions in #XRP continued today. After the whale transactions on Friday, attention turned to the charts of the altcoin again. Additionally, these whale transactions coincided with the price increase of XRP, #Ripple's native token.
Cryptocurrency investors and traders continue to analyze cryptocurrency intensively. According to data from different sources, it was stated that more than 42 million XRP was transferred to CEXs in several transactions.
A famous crypto analyst shared contrary thoughts about the price increase that the Ripple-backed token saw today. According to Whale Alert, known for monitoring whale movements on the blockchain, two significant whale transactions took place for #XRP on December 15.
According to the data obtained, it was revealed that two important transactions were made by an unknown wallet and #XRP was transferred to Bitstamp and Bitso, resulting in a collective movement of 42.6 million XRP.
At the time of writing, the #XRP price has reached $0.6318, experiencing a relatively small increase of 0.82% in the last 24 hours. The token was seen moving upwards compared to yesterday's market recession. Additionally, 24-hour trading volume increased by a significant 8.05% to $1.54 billion.
$BTC $XRP
