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Crypto Revolution Masters
9 Feb 2023
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Crypto Revolution Masters
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Majority of Top Performers Today are Layer 1 Projects. Looking back at the 2021 bull run, liquidity first moved from Bitcoin to Layer 1 projects, starting an #altseason. Once again, the L1 season seems to be starting.
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🔥 Is #XRP Gearing Up for a Major Breakout? With speculation around a potential #XRP ETF approval, momentum could be building for a major move! #XRP is forming a bullish inverse head and shoulders on the higher timeframe, signaling a potential breakout. What’s Next? 🚀 A breakout above the neckline may confirm the pattern and indicate further upside potential. 🔻 If resistance holds, price could consolidate or experience a pullback. $XRP
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Huge accumulation going on $ETH and when it starts moving it will be a massive 🚀 $ETH
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🆘 What happened in Crypto in the last 12h? 🆘 • President Trump said he signed executive orders "to end Joe Biden's war on Bitcoin and crypto." • $XRP - The SEC has acknowledged Canary Capital's filing for a $XRP Spot ETF. The SEC previously acknowledged Spot $XRP ETF filings from 21Shares, Bitwise, Grayscale, and CoinShares. • $ETH $LDO - The SEC has acknowledged 21Shares' proposal to permit staking on $ETH Spot ETF. If approved, the ETF would be able to generate additional returns on its ETH holdings, which could then be passed on to investors. • $IP $BERA - While the newer listed coins have been performing poorly lately, $IP $BERA have started to show good gains. $IP is up about 40% overnight. • $USDT - Tether Treasury transferred $800M USDT to Binance. • $KAITO $BNB - Binance has announced Kaito ($KAITO) on Binance HODLer airdrop. Users who subscribed BNB to the Simple Earn product between Feb 6 and Feb 10 will receive the airdrop. $KAITO will be listed on Feb 20 at 13:00 UTC. • $SEI $WLFI - Trump's World Liberty Finance has withdrew $10M $USDC from Coinbase to buy 200M $WLFI. They also spent $125k $USDC to buy 547,990 $SEI. • $TAO $PYTH - Coinbase has announced the $TAO-USD, $PYTH-USD market, which will begin on Feb 20 9AM PT. • Binance.US has resumed USD services, allowing users to link their bank accounts to deposit and withdraw USD. • Monad - Monad public testnet is officially live. Active EVM wallets have received Test $MON and can participate in testnet activities.
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📕 Minutes from the last #FED meeting : ▫️ Two Fed chairmen are more concerned about inflation risks than the labor market. ▫️ Most Fed chairmen believe that the risks to the Fed's dual mandate are balanced (labor market/inflation). ▫️ The Fed may keep monetary policy at a restrictive level if the economy remains strong. ▫️ Several Fed chairmen propose halting or slowing balance sheet contraction ( #QT ) until a decision is made on the US debt ceiling. ▫️ Inflationary risks have increased. ❕The Fed intends to make further progress in the fight against inflation before cutting interest rates. ▫️ There is potential for significant fluctuations in Fed reserves.
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