Ollie Fifu
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If you want to sell yours go ahead
Ripple XRP Has Almost Finished The Bull Run!š§š§
$XRP
Hello,
I hope you remember our legendary article about XRPUSDT analysis where we pointed out that it will reach $3.8 in this 11 year supercycle. Recently this asset has almost reached the target and the bull market is almost done.
Let's take a look at the weekly time frame. We can see the clear Elliott waves structure. Wave 3 now is in progress, but it's even above the extended target area between 2.61 and 3.61 Fibonacci, this can be the case for altcoins for sure. Moreover Multilayer AC Strategy confirmed the true pump on XRP this time with the signal.
Anyway we suppose that wave 4 can start anytime now. This is not going to be the fast drop, more likely to see the distribution during 2025. The target for correction, which is reachable is 0.38, approximately $2.
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
Hello,
I hope you remember our legendary article about XRPUSDT analysis where we pointed out that it will reach $3.8 in this 11 year supercycle. Recently this asset has almost reached the target and the bull market is almost done.
Let's take a look at the weekly time frame. We can see the clear Elliott waves structure. Wave 3 now is in progress, but it's even above the extended target area between 2.61 and 3.61 Fibonacci, this can be the case for altcoins for sure. Moreover Multilayer AC Strategy confirmed the true pump on XRP this time with the signal.
Anyway we suppose that wave 4 can start anytime now. This is not going to be the fast drop, more likely to see the distribution during 2025. The target for correction, which is reachable is 0.38, approximately $2.
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
It's only a correction. Probably the coins that are American are the ones to go up most
BullishBanter
--
Crypto Market Crashes Amid #DonaldTrump Second US Presidential Inauguration
The sharp decline in the cryptocurrency market, as seen in the charts provided, can be attributed to several factors, with speculation around macroeconomic events, including Donald Trumpās second presidential inauguration, potentially playing a role. Historically, major political transitions and announcements tend to increase market uncertainty, leading to volatility in risk-sensitive assets such as cryptocurrencies. Investors may have moved to liquidate positions amid fears of regulatory crackdowns or market instability associated with new political policies.
Another possible contributor to the market crash is the broader risk-off sentiment observed globally. Recent news may have triggered concerns over inflation, interest rate hikes, or geopolitical instability, driving investors to pull capital from high-risk assets like cryptocurrencies. Additionally, the sharp losses in coins like $BTC , $XRP , $TRUMP , #BNB , $ETH, and $SOL suggest a cascading liquidation of leveraged positions, further amplifying the declines across the board.
While Donald Trumpās inauguration could be a catalyst, itās essential to note that the crypto market is also heavily influenced by internal dynamics such as whale movements, exchange activity, and technical factors. The decline of over 40% in specific coins like TRUMP indicates a potential overreaction from market participants, possibly fueled by speculative trading and panic selling.
Overall, the combination of political uncertainty, global economic conditions, and technical market factors appears to have triggered this significant market downturn. Further clarity will depend on how investors and regulators respond in the coming days.
#TrumptMarketInsights #TrumpMarketWatch #MelaniaTrumpLaunchesToken
The sharp decline in the cryptocurrency market, as seen in the charts provided, can be attributed to several factors, with speculation around macroeconomic events, including Donald Trumpās second presidential inauguration, potentially playing a role. Historically, major political transitions and announcements tend to increase market uncertainty, leading to volatility in risk-sensitive assets such as cryptocurrencies. Investors may have moved to liquidate positions amid fears of regulatory crackdowns or market instability associated with new political policies.
Another possible contributor to the market crash is the broader risk-off sentiment observed globally. Recent news may have triggered concerns over inflation, interest rate hikes, or geopolitical instability, driving investors to pull capital from high-risk assets like cryptocurrencies. Additionally, the sharp losses in coins like $BTC , $XRP , $TRUMP , #BNB , $ETH, and $SOL suggest a cascading liquidation of leveraged positions, further amplifying the declines across the board.
While Donald Trumpās inauguration could be a catalyst, itās essential to note that the crypto market is also heavily influenced by internal dynamics such as whale movements, exchange activity, and technical factors. The decline of over 40% in specific coins like TRUMP indicates a potential overreaction from market participants, possibly fueled by speculative trading and panic selling.
Overall, the combination of political uncertainty, global economic conditions, and technical market factors appears to have triggered this significant market downturn. Further clarity will depend on how investors and regulators respond in the coming days.
#TrumptMarketInsights #TrumpMarketWatch #MelaniaTrumpLaunchesToken
It's too early to judge. He's just going into office today
Quoted content has been removed
Did anyone have the maga coin on Web 3? Did anyone notice that despite the price spike when one would try to convert the conversion price was much less? Does anyone have any explanation for such an anomaly? Thank you in advance for future replies
It's only a reasonable correction, very normal
There are several reasons why XRP's price might be down. Here are some possible factors:
*Market Volatility*
1. *Cryptocurrency market downturn*: The overall cryptocurrency market has been experiencing a downturn, with many top cryptocurrencies, including Bitcoin and Ethereum, seeing significant price drops.
2. *Regulatory uncertainty*: The ongoing lawsuit between Ripple and the SEC has created uncertainty in the market, which can lead to price volatility.
*Technical Analysis*
1. *Resistance levels*: XRP's price has been struggling to break through resistance levels, which can lead to a price drop.
2. *Moving averages*: The 50-day and 200-day moving averages are currently above the price, indicating a bearish trend.
*News and Events*
1. *SEC lawsuit update*: Any negative updates or rulings in the SEC lawsuit can lead to a price drop.
2. *Lack of adoption*: If there's a perceived lack of adoption or use cases for XRP, it can negatively impact the price.
3. *Competition from other cryptocurrencies*: Other cryptocurrencies, such as Bitcoin, Ethereum, or newer altcoins, might be gaining traction, leading to a decrease in XRP's price.
*Other Factors*
1. *Whale movements*: Large-scale buying or selling by whales (individuals or entities holding significant amounts of XRP) can impact the price.
2. *Market manipulation*: Unfortunately, market manipulation is a reality in the cryptocurrency space, and XRP might be affected by it.
Keep in mind that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly. These factors might contribute to XRP's price drop, but it's essential to do your own research and stay up-to-date with market news.#TRUMPCoinMarketCap #CryptoTrump2.0 #BinanceAlphaAlert $XRP $PEPE $SHIB
*Market Volatility*
1. *Cryptocurrency market downturn*: The overall cryptocurrency market has been experiencing a downturn, with many top cryptocurrencies, including Bitcoin and Ethereum, seeing significant price drops.
2. *Regulatory uncertainty*: The ongoing lawsuit between Ripple and the SEC has created uncertainty in the market, which can lead to price volatility.
*Technical Analysis*
1. *Resistance levels*: XRP's price has been struggling to break through resistance levels, which can lead to a price drop.
2. *Moving averages*: The 50-day and 200-day moving averages are currently above the price, indicating a bearish trend.
*News and Events*
1. *SEC lawsuit update*: Any negative updates or rulings in the SEC lawsuit can lead to a price drop.
2. *Lack of adoption*: If there's a perceived lack of adoption or use cases for XRP, it can negatively impact the price.
3. *Competition from other cryptocurrencies*: Other cryptocurrencies, such as Bitcoin, Ethereum, or newer altcoins, might be gaining traction, leading to a decrease in XRP's price.
*Other Factors*
1. *Whale movements*: Large-scale buying or selling by whales (individuals or entities holding significant amounts of XRP) can impact the price.
2. *Market manipulation*: Unfortunately, market manipulation is a reality in the cryptocurrency space, and XRP might be affected by it.
Keep in mind that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly. These factors might contribute to XRP's price drop, but it's essential to do your own research and stay up-to-date with market news.#TRUMPCoinMarketCap #CryptoTrump2.0 #BinanceAlphaAlert $XRP $PEPE $SHIB
To me seems more like consolidation before a further going up
$XRP
Analysis: Caution Amid Overbought Conditions
Current Price: 3.2128 (-1.68%)
XRP is nearing the final stages of a bearish harmonic pattern,
indicating a potential shift towards a downward trend. While
market sentiment remains focused on external events, such as
significant global developments, this technical pattern warrants attention. Traders are encouraged to remain vigilant and
consider strategies to mitigate risks in anticipation of possible
market reactions.
Key Resistance Levels
The price of XRP is approaching a robust resistance zone
between 3.5 and 3.53. This range could act as a critical pivot
point, where price action may stall before showing signs of
bearish movement. If a retracement occurs, it could align with
the expected harmonic pattern, signaling a potential short-term correction.
Strategic Considerations
While some may believe that XRP has further upside potential,
understanding the importance of key resistance and reaction
points is essential for making informed decisions. Partial profit-
taking or preparing for potential pullbacks could be prudent in
navigating market dynamics. However, selling solely based on
this analysis is not recommended if you have a long-term
bullish outlook.
Important Reminder
This analysis is designed for educational purposes and should
not be construed as financial or investment advice. Always
conduct thorough research and consult with a financial advisor
before making trading or investment decisions.
#XRPUpdate #CryptoAnalysis #InformedTrading
#MarketTrends
Analysis: Caution Amid Overbought Conditions
Current Price: 3.2128 (-1.68%)
XRP is nearing the final stages of a bearish harmonic pattern,
indicating a potential shift towards a downward trend. While
market sentiment remains focused on external events, such as
significant global developments, this technical pattern warrants attention. Traders are encouraged to remain vigilant and
consider strategies to mitigate risks in anticipation of possible
market reactions.
Key Resistance Levels
The price of XRP is approaching a robust resistance zone
between 3.5 and 3.53. This range could act as a critical pivot
point, where price action may stall before showing signs of
bearish movement. If a retracement occurs, it could align with
the expected harmonic pattern, signaling a potential short-term correction.
Strategic Considerations
While some may believe that XRP has further upside potential,
understanding the importance of key resistance and reaction
points is essential for making informed decisions. Partial profit-
taking or preparing for potential pullbacks could be prudent in
navigating market dynamics. However, selling solely based on
this analysis is not recommended if you have a long-term
bullish outlook.
Important Reminder
This analysis is designed for educational purposes and should
not be construed as financial or investment advice. Always
conduct thorough research and consult with a financial advisor
before making trading or investment decisions.
#XRPUpdate #CryptoAnalysis #InformedTrading
#MarketTrends
Too late for correction now. That might happen in spring
Quoted content has been removed
Why do I see above 10 million instead?
šŗšø Donald Trump Holds Over $48 Trillion in Cryptocurrencies
Donald Trump, the 47th President of the United States, has made history as the first American leader to show a direct interest in the crypto market, with investments totaling at least $48,169,189,33,510 million in cryptocurrencies. This substantial stake signals not only personal involvement but also a potential long-term belief in the transformative power of crypto, particularly during altseason.
š **Potential Impact**
- **Mainstream Adoption:** Trumpās interest could encourage a wider audience of investors to embrace cryptocurrencies.
- **Market Confidence:** Involvement from influential political figures may strengthen trust in the future of the crypto market.
- **Altseason Focus:** His spotlight on altcoins highlights a strategy to diversify and capitalize on their current bullish trends.
#Cryptocurrencies #Altseason #DonaldTrump #CryptoMarket #Investment #CryptoAdoption #FinancialFuture
Donald Trump, the 47th President of the United States, has made history as the first American leader to show a direct interest in the crypto market, with investments totaling at least $48,169,189,33,510 million in cryptocurrencies. This substantial stake signals not only personal involvement but also a potential long-term belief in the transformative power of crypto, particularly during altseason.
š **Potential Impact**
- **Mainstream Adoption:** Trumpās interest could encourage a wider audience of investors to embrace cryptocurrencies.
- **Market Confidence:** Involvement from influential political figures may strengthen trust in the future of the crypto market.
- **Altseason Focus:** His spotlight on altcoins highlights a strategy to diversify and capitalize on their current bullish trends.
#Cryptocurrencies #Altseason #DonaldTrump #CryptoMarket #Investment #CryptoAdoption #FinancialFuture
For the XRP skeptics: they're forgetting that
1) it's being adopted by financial institutions therefore it's one of the few utility coins
2) the feud between Ripple and SEC is eventually tailing off
3) soon president elect Donald Trump has a now pro crypto policy
4) new SEC chair is also pro crypto
5) In previous bull runs XRP missed it's surge, therefore it might make up for and reach what it might have done in previous years if the SEC case wasn't
1) it's being adopted by financial institutions therefore it's one of the few utility coins
2) the feud between Ripple and SEC is eventually tailing off
3) soon president elect Donald Trump has a now pro crypto policy
4) new SEC chair is also pro crypto
5) In previous bull runs XRP missed it's surge, therefore it might make up for and reach what it might have done in previous years if the SEC case wasn't
Buying a meme coin in favour of a utility coin?
I change my plan sold xrp & buying shib, logical trick for much profit
Probably many are selling other assets to invest in xrp
XRPās Artificial Hype: A Looming Crash Awaits
$XRP
While Longs are getting excited about growth, BlackRock is selling, outflows are getting bigger and bigger, the S&P 500 is falling, altcoins are falling every day, BTC is no longer being bought back when XRP is growing. Now we see growth being supported solely by expectations of good US inflation data and Trump's inauguration.
After expectations run out, there will be a merciless, mind-blowing tear of long panties. In fact, XRP is now being artificially supported, while the entire market is falling. Longs are like ice cream on a hot summer day, which is slowly melting.
And it would seem, where is the hope for a happy future? Where is the growth that everyone promises? Hope is the only thing Longs have left, but it is not endless. XRP is like BTC, where the price is supported by promises that tomorrow will be better than yesterday.
But this is a utopia. Soon you will see a real, true red ball where XRP will enter the dance with Longs and crash hard.
While Longs are getting excited about growth, BlackRock is selling, outflows are getting bigger and bigger, the S&P 500 is falling, altcoins are falling every day, BTC is no longer being bought back when XRP is growing. Now we see growth being supported solely by expectations of good US inflation data and Trump's inauguration.
After expectations run out, there will be a merciless, mind-blowing tear of long panties. In fact, XRP is now being artificially supported, while the entire market is falling. Longs are like ice cream on a hot summer day, which is slowly melting.
And it would seem, where is the hope for a happy future? Where is the growth that everyone promises? Hope is the only thing Longs have left, but it is not endless. XRP is like BTC, where the price is supported by promises that tomorrow will be better than yesterday.
But this is a utopia. Soon you will see a real, true red ball where XRP will enter the dance with Longs and crash hard.
But everyone forgot that it's one of the few cryptocurrencies with a utility. So it counts for nothing that it's being adopted for cross border payments?
XRPās Artificial Hype: A Looming Crash Awaits
$XRP
While Longs are getting excited about growth, BlackRock is selling, outflows are getting bigger and bigger, the S&P 500 is falling, altcoins are falling every day, BTC is no longer being bought back when XRP is growing. Now we see growth being supported solely by expectations of good US inflation data and Trump's inauguration.
After expectations run out, there will be a merciless, mind-blowing tear of long panties. In fact, XRP is now being artificially supported, while the entire market is falling. Longs are like ice cream on a hot summer day, which is slowly melting.
And it would seem, where is the hope for a happy future? Where is the growth that everyone promises? Hope is the only thing Longs have left, but it is not endless. XRP is like BTC, where the price is supported by promises that tomorrow will be better than yesterday.
But this is a utopia. Soon you will see a real, true red ball where XRP will enter the dance with Longs and crash hard.
While Longs are getting excited about growth, BlackRock is selling, outflows are getting bigger and bigger, the S&P 500 is falling, altcoins are falling every day, BTC is no longer being bought back when XRP is growing. Now we see growth being supported solely by expectations of good US inflation data and Trump's inauguration.
After expectations run out, there will be a merciless, mind-blowing tear of long panties. In fact, XRP is now being artificially supported, while the entire market is falling. Longs are like ice cream on a hot summer day, which is slowly melting.
And it would seem, where is the hope for a happy future? Where is the growth that everyone promises? Hope is the only thing Longs have left, but it is not endless. XRP is like BTC, where the price is supported by promises that tomorrow will be better than yesterday.
But this is a utopia. Soon you will see a real, true red ball where XRP will enter the dance with Longs and crash hard.
Probably crypto will follow the normal seasonal patterns, no more, no less
anilsingta
--
What is your opinions
Trump won the election because of Elon Musk holding remote to control him and this Crypto Speculations are just hype
There is only 4 days left for Trump to sit in the White House
There after Crypto is going Parabolic or It will crash
Also Trump has invitations personally given for the country top PM and Presidents of these specific countries
China,Italy, El Salvador ,Brazil ,Argentina, Mexico
These countries PM will be guest in USA šŗšø during trump Inauguration
Trump won the election because of Elon Musk holding remote to control him and this Crypto Speculations are just hype
There is only 4 days left for Trump to sit in the White House
There after Crypto is going Parabolic or It will crash
Also Trump has invitations personally given for the country top PM and Presidents of these specific countries
China,Italy, El Salvador ,Brazil ,Argentina, Mexico
These countries PM will be guest in USA šŗšø during trump Inauguration
As they say in my country "A donkey's bray (Gensler in this case) never reaches the sky/heavens"
Quoted content has been removed
Despite this, now only 4 days for Gensler to step down so a change in SEC leadership and the US president will change things.
Quoted content has been removed
Sell yours early if you want
š± XRP: The Brutal Truth Nobody Wants to Hear! šØ
Hey, crypto fam! š¤ Itās time to cut through the noise and face reality about XRP. While rumors fly about its comeback, the harsh truth is this: XRPās best days are gone. Letās break it down with facts that might shock you but will also save your investment journey! šš
1ļøā£ Ripple Lawsuit: A Never-Ending Nightmare š§āāļø
Remember Rippleās battle with the SEC? āļø While many expected a court victory to send XRP flying to the moon š, the reality has been a dud. The case has dragged on, and even if Ripple wins, the damage to XRPās reputation and adoption might be irreversible. Legal baggage like this can keep XRP stuck in the mud for years.
2ļøā£ Centralization: The Fatal Flaw ā”
XRPās Achillesā heel is its centralized nature. Unlike decentralized giants like Bitcoin or Ethereum, XRP is heavily controlled by Ripple Labs. In a world that celebrates decentralization šš, XRP sticks out like a sore thumb. Investors want freedom and trustless systemsānot a coin tied to a single company.
3ļøā£ Intense Competition Is Leaving XRP Behind šāāļøšØ
The crypto world has evolved beyond XRP. Stellar (XLM), Algorand (ALGO), and Solana (SOL) are killing it with better technology, faster transactions, and scalable solutions. šš„ These projects are eating up XRPās market share, making it harder for Ripple to stay relevant.
4ļøā£ The Hype Is DEAD š
Gone are the days when XRP ruled the crypto world. The excitement has dried up, and its price has been stuck in the doldrums. With no groundbreaking developments or updates in sight, people are moving their funds to hotter, more innovative projects. XRPās glory days are nothing but a memory.
5ļøā£ History Wonāt Save XRP š
Crypto is a space of innovation and evolution, not nostalgia. While XRP was a pioneer in its time, it has failed to adapt to the rapidly changing landscape. New regulations, cutting-edge projects, and shifting investor preferences have pushed XRP out of the game. Waiting for a ācomebackā might leave you in the dust.
š” What Should XRP Holders Do Now?
If youāre still clinging to XRP, itās time for a reality check:
ā Diversify your portfolio: Donāt put all your eggs in a sinking basket. Look at thriving projects with real-world use cases and momentum.
ā Stay informed: The crypto market changes fast, and holding onto old glory might cost you dearly.
š Final Thought:
The crypto space rewards innovation, not stagnation. XRP had its moment, but itās time to move on. Be smart, stay ahead, and invest wisely. šø
$XRP
$BTC
$ETH
1ļøā£ Ripple Lawsuit: A Never-Ending Nightmare š§āāļø
Remember Rippleās battle with the SEC? āļø While many expected a court victory to send XRP flying to the moon š, the reality has been a dud. The case has dragged on, and even if Ripple wins, the damage to XRPās reputation and adoption might be irreversible. Legal baggage like this can keep XRP stuck in the mud for years.
2ļøā£ Centralization: The Fatal Flaw ā”
XRPās Achillesā heel is its centralized nature. Unlike decentralized giants like Bitcoin or Ethereum, XRP is heavily controlled by Ripple Labs. In a world that celebrates decentralization šš, XRP sticks out like a sore thumb. Investors want freedom and trustless systemsānot a coin tied to a single company.
3ļøā£ Intense Competition Is Leaving XRP Behind šāāļøšØ
The crypto world has evolved beyond XRP. Stellar (XLM), Algorand (ALGO), and Solana (SOL) are killing it with better technology, faster transactions, and scalable solutions. šš„ These projects are eating up XRPās market share, making it harder for Ripple to stay relevant.
4ļøā£ The Hype Is DEAD š
Gone are the days when XRP ruled the crypto world. The excitement has dried up, and its price has been stuck in the doldrums. With no groundbreaking developments or updates in sight, people are moving their funds to hotter, more innovative projects. XRPās glory days are nothing but a memory.
5ļøā£ History Wonāt Save XRP š
Crypto is a space of innovation and evolution, not nostalgia. While XRP was a pioneer in its time, it has failed to adapt to the rapidly changing landscape. New regulations, cutting-edge projects, and shifting investor preferences have pushed XRP out of the game. Waiting for a ācomebackā might leave you in the dust.
š” What Should XRP Holders Do Now?
If youāre still clinging to XRP, itās time for a reality check:
ā Diversify your portfolio: Donāt put all your eggs in a sinking basket. Look at thriving projects with real-world use cases and momentum.
ā Stay informed: The crypto market changes fast, and holding onto old glory might cost you dearly.
š Final Thought:
The crypto space rewards innovation, not stagnation. XRP had its moment, but itās time to move on. Be smart, stay ahead, and invest wisely. šø
$XRP
$BTC
$ETH
Isn't it still Biden in the office? Why use a Trump picture to get the blame? Don't you think that it's Democrat strategy to undermine Trumps economic plan?
when You See this Gay every Social Site close All Trade
Isn't it still Biden in the office? Why use a Trump picture to get the blame? Don't you think that it's Democrat strategy to undermine Trumps economic plan?
BullishBanter
--
š° Major News: The US Government's Bitcoin Strategy Unveiled šŗšø
The US Government has reportedly sold 68,000 $BTC , valued at nearly $6.3 billion, but hereās the twistāthey only announced it after the sale was completed. Interesting timing, right? By releasing the news post-sale, it sparks market fear and uncertainty, potentially driving prices down even further. Strategic, isnāt it?
Hereās how this appears to work:
1ļøā£ Step One: Quietly sell off a large portion of their Bitcoin holdings without informing the public.
2ļøā£ Step Two: After finishing the sale, announce to the market that they sold a massive chunk of Bitcoin.
3ļøā£ Step Three: Watch the market reactātypically with panic and a price dropāmaking the next move even more profitable.
And thatās not the end of it. The US Government still holds a massive stash of 190,000 BTC, worth approximately $18 billion. Whatās next? Another surprise announcement? Another round of sales? It wouldnāt be shocking at this point.
Is this a calculated tactic to influence market trends, or are we overanalyzing their moves? Either way, the outcome is clearāthe market gets hit, leaving traders and investors to deal with the fallout.
Whatās your take on this? Share your thoughts and stay tuned for mo
š¼ Breaking News: The US Government, Masters of Market Timing šŗšø
So, the US Government conveniently announces they're selling 69,370 $BTC (~$6.5B)after theyāve likely already sold it. Genius move! Why? Because why not let the market panic and drop even further, right?
š Step 1: Sell your $BTC quietly.
š Step 2: Announce it to the world.
š Step 3: Watch the market tank and pat yourself on the back for a job well done!
Oh, and letās not forget, theyāre still holding 197K ($1.6B)... canāt wait for the next āsurpriseā announcement after another stealthy sale! š
š¬ What do you think? Is this strategy deliberate, or are we just overthinking it? Either way, the market gets hitāclassic.
follow for more !!re insight..
Hereās how this appears to work:
1ļøā£ Step One: Quietly sell off a large portion of their Bitcoin holdings without informing the public.
2ļøā£ Step Two: After finishing the sale, announce to the market that they sold a massive chunk of Bitcoin.
3ļøā£ Step Three: Watch the market reactātypically with panic and a price dropāmaking the next move even more profitable.
And thatās not the end of it. The US Government still holds a massive stash of 190,000 BTC, worth approximately $18 billion. Whatās next? Another surprise announcement? Another round of sales? It wouldnāt be shocking at this point.
Is this a calculated tactic to influence market trends, or are we overanalyzing their moves? Either way, the outcome is clearāthe market gets hit, leaving traders and investors to deal with the fallout.
Whatās your take on this? Share your thoughts and stay tuned for mo
š¼ Breaking News: The US Government, Masters of Market Timing šŗšø
So, the US Government conveniently announces they're selling 69,370 $BTC (~$6.5B)after theyāve likely already sold it. Genius move! Why? Because why not let the market panic and drop even further, right?
š Step 1: Sell your $BTC quietly.
š Step 2: Announce it to the world.
š Step 3: Watch the market tank and pat yourself on the back for a job well done!
Oh, and letās not forget, theyāre still holding 197K ($1.6B)... canāt wait for the next āsurpriseā announcement after another stealthy sale! š
š¬ What do you think? Is this strategy deliberate, or are we just overthinking it? Either way, the market gets hitāclassic.
follow for more !!re insight..
His SEC chair is doomed on the 20th January actually
Coinpedia
--
SECās Gensler Says Most Crypto Projects Are Doomed As Ripple Appeal Deadline Nears
The post SECās Gensler Says Most Crypto Projects Are Doomed as Ripple Appeal Deadline Nears appeared first on Coinpedia Fintech News
Gary Gensler, the outgoing chair of the Securities and Exchange Commission, shared his thoughts on regulating the fast-growing crypto market. While he acknowledged that crypto is still a small part of the overall financial markets, he said that itās full of bad actors and scams.Ā
Under his leadership, the SEC has filed about 100 enforcement actions in the past four years, compared to his predecessor Jay Claytonās 80. Gensler believes that the crypto market is still struggling with fraud, with many projects acting like risky investments that may not survive.
In an interview with Bloomberg, Gensler said, āIn this field, itās rife with bad actors.ā He then broke down the crypto market into two parts, saying, āThe public knows a lot about Bitcoin, which, depending on its market value, is two-thirds to 80% of the market value of crypto.ā
Gensler pointed out that there are ā10,000 to 15,000 projects raising money from the public.ā Many of these projects, he believes, are simply speculative investments, āhoping for a better future.ā He explained, āIāve been around finance for over four decades, and everything in the markets trades on a mixture of fundamentals and sentiment.ā However, he added, āAt any given time, Iāve never seen a field thatās so much wrapped up in sentiment and not so much about fundamentals.ā
Gensler Says Crypto Projects āWonāt Surviveā
He also warned, āMany of these 10,000 to 15,000 projects will not survive. Theyāre like venture capital investments. Theyāre not going to survive.ā Gensler pointed to the existence of āsmall pump and dump schemesā that have caused problems in the industry. Reflecting on past events, he said, āWeāve lived through a few years where they became notorious, but theyāre in jail now.ā
Despite the growing number of enforcement actions, Gensler thinks that the crypto market is still not complying with the rules. He sees his role as ensuring that the market works without fraud, manipulation, and misinformation. Gensler is set to resign on January 20 and Paul Atkins will serve as the SEC Chair next.Ā
Gary Gensler, the outgoing chair of the Securities and Exchange Commission, shared his thoughts on regulating the fast-growing crypto market. While he acknowledged that crypto is still a small part of the overall financial markets, he said that itās full of bad actors and scams.Ā
Under his leadership, the SEC has filed about 100 enforcement actions in the past four years, compared to his predecessor Jay Claytonās 80. Gensler believes that the crypto market is still struggling with fraud, with many projects acting like risky investments that may not survive.
In an interview with Bloomberg, Gensler said, āIn this field, itās rife with bad actors.ā He then broke down the crypto market into two parts, saying, āThe public knows a lot about Bitcoin, which, depending on its market value, is two-thirds to 80% of the market value of crypto.ā
Gensler pointed out that there are ā10,000 to 15,000 projects raising money from the public.ā Many of these projects, he believes, are simply speculative investments, āhoping for a better future.ā He explained, āIāve been around finance for over four decades, and everything in the markets trades on a mixture of fundamentals and sentiment.ā However, he added, āAt any given time, Iāve never seen a field thatās so much wrapped up in sentiment and not so much about fundamentals.ā
Gensler Says Crypto Projects āWonāt Surviveā
He also warned, āMany of these 10,000 to 15,000 projects will not survive. Theyāre like venture capital investments. Theyāre not going to survive.ā Gensler pointed to the existence of āsmall pump and dump schemesā that have caused problems in the industry. Reflecting on past events, he said, āWeāve lived through a few years where they became notorious, but theyāre in jail now.ā
Despite the growing number of enforcement actions, Gensler thinks that the crypto market is still not complying with the rules. He sees his role as ensuring that the market works without fraud, manipulation, and misinformation. Gensler is set to resign on January 20 and Paul Atkins will serve as the SEC Chair next.Ā
It won't. Yesterday xrp showed that being a utility coin it kept its support level better than bitcoin itself
XRP Price May Lose $2 Support This Week...But Here is a Catch š
On January 8th, Tuesday, the crypto market witnessed a surge in selling pressure as $BTC correction neared a $90k breakdown. Defying the broader market correction, the $XRP price bounced 4%, projecting its resilience and sustainability above key support.
$XRP price trades at $2.36, with a market cap of $135.2 Billion and a 24-hour trading volume of $7.5 Billion.
Key Highlights:
The XRP price prolongs its short-term consolidation within the formation of a pennant pattern.Crypto whales sold millions of XRP coins, increasing the likelihood of a breakdown below the triangle support.
The #RippleCrypto has witnessed significant selling pressure as whales offloaded 60 million tokens over the last 24 hours, according to analysis by Santiment.
However, with the current market correction, the #XRPPriceTargets could plunge 10% and tease a breakdown below the lower trendline. If successful, the selling pressure will accelerate and extend the downfall to $1.12.
This Is Not An Investment Advise...#CryptoNewsWithWarner
$XRP price trades at $2.36, with a market cap of $135.2 Billion and a 24-hour trading volume of $7.5 Billion.
Key Highlights:
The XRP price prolongs its short-term consolidation within the formation of a pennant pattern.Crypto whales sold millions of XRP coins, increasing the likelihood of a breakdown below the triangle support.
The #RippleCrypto has witnessed significant selling pressure as whales offloaded 60 million tokens over the last 24 hours, according to analysis by Santiment.
However, with the current market correction, the #XRPPriceTargets could plunge 10% and tease a breakdown below the lower trendline. If successful, the selling pressure will accelerate and extend the downfall to $1.12.
This Is Not An Investment Advise...#CryptoNewsWithWarner