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bttc it starting pumping .
many will call it not that good coin but it pumping.
many will call it not that good coin but it pumping.
source?
BREAKING: SEC Rejects WisdomTree’s Spot XRP ETF
The U.S. Securities and Exchange Commission (SEC) has officially rejected WisdomTree’s application for a spot XRP ETF. The fund, which was proposed to be listed on the Cboe BZX Exchange with the Bank of New York Mellon as its administrator, has failed to gain regulatory approval. This marks yet another instance of the SEC’s skepticism toward cryptocurrency spot ETFs.
Why the SEC Rejected Spot XRP ETF
The SEC’s rejection of the WisdomTree $XRP Fund follows a familiar narrative. The commission cited concerns over market manipulation, inadequate investor protection, and the lack of proper surveillance mechanisms. These reasons echo the SEC's past rejections of spot Bitcoin and Ethereum ETF applications, emphasizing the regulatory body’s cautious stance on approving such products.
Why XRP’s Approval Could Be a Market Shock
The rejection isn’t just about XRP; it carries implications for the broader cryptocurrency market:
▫️ Systemic Risks: If a spot XRP ETF were to gain approval, it could pave the way for speculative market behaviors, destabilizing Bitcoin and Ethereum prices.
▫️ Market Crashes: Analysts speculate that approving a spot XRP ETF could trigger a significant crash in Bitcoin, Ethereum, and even XRP itself, as the influx of institutional players could manipulate liquidity and price movements.
▫️ Regulatory Consistency: Approving XRP while continuing to reject Bitcoin and Ethereum ETFs would create regulatory inconsistencies, undermining the SEC’s credibility.
A Strategic Delay?
Critics argue that the SEC’s repeated rejections are not just about regulatory compliance but also a strategic move to delay institutional adoption until clearer guidelines are established. For XRP, this means its path to a spot ETF remains fraught with challenges.
Conclusion
The rejection of WisdomTree’s spot XRP ETF underscores the SEC’s unwavering stance on crypto ETFs. While the dream of a spot ETF for XRP, Bitcoin, or Ethereum remains alive, the road ahead is riddled with regulatory and market hurdles. For now, XRP’s ETF ambitions—and the broader market implications—remain in limbo.
#XRP #XRPEFTRejected #XRPETF $XRP
Why the SEC Rejected Spot XRP ETF
The SEC’s rejection of the WisdomTree $XRP Fund follows a familiar narrative. The commission cited concerns over market manipulation, inadequate investor protection, and the lack of proper surveillance mechanisms. These reasons echo the SEC's past rejections of spot Bitcoin and Ethereum ETF applications, emphasizing the regulatory body’s cautious stance on approving such products.
Why XRP’s Approval Could Be a Market Shock
The rejection isn’t just about XRP; it carries implications for the broader cryptocurrency market:
▫️ Systemic Risks: If a spot XRP ETF were to gain approval, it could pave the way for speculative market behaviors, destabilizing Bitcoin and Ethereum prices.
▫️ Market Crashes: Analysts speculate that approving a spot XRP ETF could trigger a significant crash in Bitcoin, Ethereum, and even XRP itself, as the influx of institutional players could manipulate liquidity and price movements.
▫️ Regulatory Consistency: Approving XRP while continuing to reject Bitcoin and Ethereum ETFs would create regulatory inconsistencies, undermining the SEC’s credibility.
A Strategic Delay?
Critics argue that the SEC’s repeated rejections are not just about regulatory compliance but also a strategic move to delay institutional adoption until clearer guidelines are established. For XRP, this means its path to a spot ETF remains fraught with challenges.
Conclusion
The rejection of WisdomTree’s spot XRP ETF underscores the SEC’s unwavering stance on crypto ETFs. While the dream of a spot ETF for XRP, Bitcoin, or Ethereum remains alive, the road ahead is riddled with regulatory and market hurdles. For now, XRP’s ETF ambitions—and the broader market implications—remain in limbo.
#XRP #XRPEFTRejected #XRPETF $XRP
I really hope guys that you didn't trust anyone that told you to sell your xrps at 1.90.
I for sure I am not .
feeling like a dream I don't wanna wake up .
it maybe gona get a correction but we will see.
if it drops and keeps above 2.35 . ohh my .
big resistance at 2.5 . we need to crash that
I for sure I am not .
feeling like a dream I don't wanna wake up .
it maybe gona get a correction but we will see.
if it drops and keeps above 2.35 . ohh my .
big resistance at 2.5 . we need to crash that
I see many people say xrp is going down .
I think they are crazy or they wanna buy more xrp at lower . so they wanna make you sell .
what is see is xrp gets a good support at 1.9.
even If that fails we have 1.85 and 1.80.
it builds a strong support and it's getting ready to go up .
ofc market is volatile but I don't see it go further down.
Don't listen to anyone guys . look with your eyes and decide .
at market cap it get closer to Solana
we may experience something unique in this season.
always think for you and don't listen to anyone , me included . I may talk nonsense
I think they are crazy or they wanna buy more xrp at lower . so they wanna make you sell .
what is see is xrp gets a good support at 1.9.
even If that fails we have 1.85 and 1.80.
it builds a strong support and it's getting ready to go up .
ofc market is volatile but I don't see it go further down.
Don't listen to anyone guys . look with your eyes and decide .
at market cap it get closer to Solana
we may experience something unique in this season.
always think for you and don't listen to anyone , me included . I may talk nonsense
hey guys .
we see xrp fighting to push through the resistance at 1.70.
I was expecting a bigger pull back once it reached 1.70but bulls seems to be strong.
we may see it get back to the support of 1.66 but at the moment xrp keeps strong at 1.69.
if it keeps that position we may see it go above 1.75 ( next resistance) today !!!
as always not a financial advise . Just my opinion
we see xrp fighting to push through the resistance at 1.70.
I was expecting a bigger pull back once it reached 1.70but bulls seems to be strong.
we may see it get back to the support of 1.66 but at the moment xrp keeps strong at 1.69.
if it keeps that position we may see it go above 1.75 ( next resistance) today !!!
as always not a financial advise . Just my opinion
hey guys . I see lot of fighting over xrp .
lets not forget in the big dip that btc did last time . xrp was the only one I saw that did "well".
All other coins was on their knees .
thats why i trusted it and I bought at 0.30 something. despite all my friends was making fun of me .
Atm we see it keep it's ground with a good resistance at 1.45 with spikes near at 1.60.
I don't panic xrp does really well and we are at start.
the coins that I keep an eye always are
XRP
VET
LINK
doge
and those were the ones I was holding before the bull run starts.
I also believe #bttc worth a small gamble
and pixel also .
those are ofc my personal opinions and not financial advise .
lets not forget in the big dip that btc did last time . xrp was the only one I saw that did "well".
All other coins was on their knees .
thats why i trusted it and I bought at 0.30 something. despite all my friends was making fun of me .
Atm we see it keep it's ground with a good resistance at 1.45 with spikes near at 1.60.
I don't panic xrp does really well and we are at start.
the coins that I keep an eye always are
XRP
VET
LINK
doge
and those were the ones I was holding before the bull run starts.
I also believe #bttc worth a small gamble
and pixel also .
those are ofc my personal opinions and not financial advise .