#Bitcoin wiped out the shorts then took out the longs. Br | Crypto Revolution Masters on Binance Square

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#Bitcoin wiped out the shorts then took out the longs.  
Brutal.

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#ALTS MARKET CAP ANALYSIS The ALTS market cap is currently facing resistance at the key horizontal supply zone. This could lead to a downward movement and a potential correction in the ALTS market. However, the Ichimoku Cloud is indicating bullish momentum. A breakout above the horizontal supply zone could trigger another bullish rally in the ALTS market.

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🌐The merging of TradFi with DLT finance is here. TradFi giants aren't looking at memes or general DeFi solutions... They're looking at Enterprise DLT $QNT SATP used by 6+ CBDC pilots $HBAR BlackRock/State St/Fidelity MMFs $XRP Multiple banks on their CBDC Platform $XDC Lloyds & JP Morgan using Enigio $XLM Integrated with Mastercard & Stripe $ALGO TIPS with Bank of Italy adopted by ECB $ONDO RWAs with BlackRock & Securitize $CSPR support ACTUS contract standards $IOTA TLIP E Trade w WEF & Trademark Africa $AVAX Tokenized funds by F-Templeton & KKR $VELO Lightnet partner with Visa for payments $LINK Working with Brazil & Microsoft on CBDC $AXL Citi/Mastercard/Deutsche connections $AZERO Multiple MiCA compliant applications The scope of blockchain in finance is SO much bigger than just DeFi and crypto markets. And now we're seeing this on full display. These names are legacy Web2 financial giants. In theory none of these guys have anything to do with crypto and DeFi at the moment... But they have EVERYTHING to do with finance moving onto DLT. And as we've seen, the DLT networks we discuss are heavily overlapping with these.

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When 1 BTC hits $10M, the diff between buying at $107k or $98k won’t matter. By 2045, anyone with 1 BTC likely won’t need to "work," whichever that means You’d have secured 200 yrs of "labor" for just $105k in 2024. As the world shifts, BTC will dominate. I believe BTC will be a major force for the next 25 yrs.

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🌐 $272.3M in XRP Shorts Face Liquidation at $3 👀 The XRP price is hovering near a critical level that could trigger a massive short squeeze, with $272.3 million worth of short positions at risk of liquidation if XRP breaks $3. What’s Happening? 1️⃣ Short Squeeze Incoming? •A short squeeze occurs when traders betting against XRP (shorts) are forced to buy back to cover their positions, causing rapid upward price pressure. •Data indicates that if XRP hits $3, an estimated $272.3M in short positions will face liquidation, setting the stage for a potential price explosion. 2️⃣ Why $3 is Key •$3 marks a critical resistance level, aligning with XRP’s previous all-time high. Breaking this level could unleash massive momentum as shorts are wiped out and bulls take control. •Liquidity builds up around this price point, making it a magnet for market movements. 3️⃣ Market Conditions •The current market setup favors bullish momentum, with XRP seeing: •Rising trading volumes •Increased institutional interest in Ripple and XRPL adoption •Renewed focus on RLUSD stablecoin developments Why This Matters Short squeezes create a powerful feedback loop: •Shorts are liquidated, forcing them to buy back XRP. •This sudden buying pressure pushes the price even higher. •New buyers flood in as FOMO kicks in, amplifying the upward momentum. With $272.3 million at stake, a break above $3 could trigger a chain reaction, propelling XRP into price discovery territory. Macro Factors at Play •Ripple’s Growing Ecosystem: RLUSD, enterprise adoption, and institutional support are driving long-term confidence in XRP. •Regulatory Clarity: Ripple’s ongoing success in legal battles has solidified XRP as a compliant and secure digital asset for the future of finance. •Global Adoption: XRPL’s role in payments, remittances, and micropayments positions XRP as a cornerstone for the evolving financial system. Key Level to Watch: $3 A breakout above $3 could not only liquidate the shorts but also ignite a new bullish phase for XRP.

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#usdt❗️🇪🇺 Tether to Burst into the European Market, But Under Different Brands - coindesk Tether has begun actively supporting stablecoins in the EU. This is the second time a USDT issuer has invested in a European stablecoin issuer that complies with the new MiCA rules (this time in StablR). StablR issues regulated stablecoin EURR. ++ Tether and Quantoz Payments to issue EURQ and USDQ stablecoins.

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