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#REWARD 🔥The upcoming #Launchpool kicks off tonight, featuring a focus on #AI. 🔥Ensure to explore the various pools, as 80% of the rewards are designated for $BNB holders engaged in locking or staking. 🔥Take advantage of the opportunities presented by the Binance Launchpool. #BinanceLaunchpool.

#REWARD

🔥The upcoming #Launchpool kicks off tonight, featuring a focus on #AI.

🔥Ensure to explore the various pools, as 80% of the rewards are designated for $BNB holders engaged in locking or staking.

🔥Take advantage of the opportunities presented by the Binance Launchpool.

#BinanceLaunchpool.

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XRP price directionless, Ripple ruling at risk of being thrown out as it faces rejection by two federal judges. Ripple ruling, which labels XRP as a non-security in secondary sales, is at risk of being thrown out. XRP may be declared as an unregistered security after two federal judges scoff at Ripple ruling from July 2023. XRP price resists decline below the psychologically important $0.60 level. Ripple (XRP) ruling from July 2023 differentiates between XRP secondary market sales and institutional sales of the token by Ripple. Per the July ruling by Judge Analisa Torres, the altcoin is identified as a “non-security” in transactions on exchanges. The ruling is in jeopardy as two federal judges have thrown out Judge Torres's application of the Howey Test to XRP, and American Journalist Charles Gasparino highlights the incoherence. Technical analysis: XRP price rangebound above key psychological level Ripple price has been consolidating between a tight range, $0.9380 (July 13, 2023 peak) and $0.4226 (August 14, 2023 low) for over 460 days. The development has resulted in a flip of the $0.67 support level into resistance for the altcoin. Currently, XRP price is trading above the psychologically important $0.60 level, the weekly Relative Strength Index (RSI) is above 42 for over a year, hinting that buyers remain in control of Ripple. The Awesome Oscillator (AO) is hovering above the zero level, its green bars consecutively taller, suggesting that there is a dominant bullish momentum in the altcoin. XRP price is likely primed for a recovery to the year-to-date peak of $0.7440 (March 11, 2024). This is roughly 16% away from the current price of $0.6233. There is a likelihood of a recovery in XRP price however traders need to watch Bitcoin price for cues. A Bitcoin price correction could jeopardize altcoin gains and take XRP and other large market cap tokens down with it. In the downside scenario, XRP price could tumble to the January 28 low of $0.4853 (a crash of nearly 20%) or the weekly support level at $0.4117. #DYOR #NFA
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Pepe Price Prediction as PEPE Market Cap Reaches $3 Billion – Can PEPE Overtake Dogecoin? In the realm of meme coins, PEPE price stands out with its recent surge, now trading at $0.000009 and sparking keen interest in Pepe price prediction analyses. This 12.25% jump over the last 24 hours has not only boosted its trading volume to $1.23 billion but also elevated its market cap to $3.79 billion, ranking it 38th globally. With the circulating supply nearing its maximum, PEPE Coin’s market dynamics suggest a bullish outlook, capturing the attention of investors and analysts alike. PEPE Price Prediction The technical outlook for PEPE Coin presents a bullish scenario, with the pivot point at $0.0000086 serving as a key marker. Resistance levels are identified at $0.0000094, $0.0000099, and $0.0000105, which PEPE needs to surpass to maintain its upward trajectory. Conversely, support levels at $0.0000081, $0.0000075, and $0.0000069 are critical for preventing potential downturns. With an RSI of 66, the market sentiment leans towards the bullish side, further supported by the 50 EMA at $0.0000079. The observation of bullish engulfing candles past the $0.00000864 level indicates a strong upward trend. Moreover, the violation of an ascending triangle pattern reinforces the bullish outlook, suggesting sustained momentum. Conclusion: PEPE Coin’s market position is bullish above the $0.0000086 pivot point. The established support and resistance levels will be pivotal in the coin’s short-term price movement. With technical indicators and market activities favoring an uptrend, PEPE is poised for further gains, barring any significant shifts below the pivot point, which could trigger a bearish correction. #DYOR #NFA
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#SCAM #FRAUDE #CASE Sam Bankman-Fried's 25-year jail sentence is a warning to crypto. Sending one-time wunderkind Sam Bankman-Fried to jail for 25 years and stripping him of US$11 billion should act as powerful deterrent in a business still badly in need of cleaning up. The sentencing of cryptocurrency wunderkind turned convicted fraudster Sam Bankman-Fried to 25 years in jail along with the forfeiture of more than US$11 billion looks like a fair outcome. While not as harsh as the request from prosecutors for as much as 50 years, it should stand as a clear deterrent for aspiring fraudsters both in traditional finance and its decentralised offshoots. And given crypto is still in the midst of a much-needed clean-up, that matters. To recap, the 32-year-old Bankman-Fried was convicted of fraud, conspiracy and several other offences last year after the spectacular collapse of his crypto exchange FTX revealed an US$8 billion hole of missing customer funds under his watch. The jury wasn’t swayed by the one-time billionaire’s defence that he’d fallen victim to a market downturn, largely because the evidence was so overwhelming and his defense so contradictory. His former lieutenants’ testimony was as damning as his own lack of remorse and history of statements like: “bad words to regulators LITTLE SYMPATHY The hope of Bankman-Fried’s lawyers was that some mitigating factors might help tilt the balance in favour of a sentence of just six and a half years in jail (more like "pharma bro" Martin Shkreli than Ponzi scheme mastermind Bernie Madoff). One was his relatively young age and character, portrayed as a “beautiful puzzle” - a smart, well-meaning outcast held back by mental health issues and whose real goal was not self-enrichment but philanthropy. Another was the optimism that the FTX bankruptcy process might repay customers in full, aided by a rebound in crypto prices and the firm’s stake in assets such as artificial intelligence start-up Anthropic.
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