Gary Gensler, chairman of the United States Securities and Exchange Commission (SEC), has announced that he will leave his position on January 20, 2025, coinciding with the inauguration of elected president Donald Trump.
Gensler took over as chairman of the SEC on April 17, 2021, following the events related to GameStop, and has led a regulatory agenda focused on improving the efficiency, resilience, and integrity of U.S. capital markets.
During his tenure, the SEC adopted significant reforms in the Treasury and equity markets, including promoting central clearing and reducing the settlement cycle to one day.
Gensler's departure has been well received by sectors of the cryptocurrency industry, which anticipate more favorable regulation under the new administration.
Elected President Trump is expected to appoint a successor with a more open stance toward crypto assets, which could influence the future of financial regulation in the United States.
<t-34/>#BinanceNews $XRP $ETH $XLM Commonly referred to as such because it historically positively affects the last 7 days of the year, which are generally painted green in all stock markets, although there are some years when they are painted red, but they are very few. Does the Santa Rally affect cryptocurrencies?
1. Overall market growth:
During this period, if traditional markets show bullish behavior, there may be a contagion of optimism towards riskier assets, including cryptocurrencies.
It's better to have it for a while longer; by early 2025 it could reach between 3 to 5 dollars.
WilmerR23
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$XRP
I bought it at the current price 2 days ago, hoping it would reach 2.4 to sell. Given the time that has passed and it still hasn't reached, it's not worth it.
Impact on XRP Price Market Sentiment: Some investors interpret the shutdown as a pause in regulatory pressure, leading to an increase in the price of XRP.
Oroborus
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Bullish
🚨LATEST UPDATE: The SEC is preparing for the closure! #XRP You sell! I buy more!
The concept of United States Treasury bonds linked to XRP arises from a strategy implemented by Ripple to back its new stablecoin RLUSD (Ripple Liquidity USD). Here’s how it works:
Backing of Stablecoins like RLUSD
Stablecoins are designed to maintain a stable value, generally pegged to a fiat currency like the US dollar. To ensure this stability, they must be backed by high-quality assets, such as:
1. Cash deposits.
2. Cash equivalents (such as certificates of deposit).
3. United States Treasury bonds.
Treasury bonds are financial instruments issued by the U.S. government, considered very safe because they have the full backing of the federal government. Ripple uses these bonds as part of the reserves that guarantee the value of its stablecoin.
RLUSD and the Role of XRP
Although RLUSD is directly backed by dollars and bonds, it integrates with the Ripple ecosystem, where XRP acts as a bridge token. This means:
Fast transactions: XRP facilitates the conversion between RLUSD and other currencies or cryptocurrencies efficiently.
Global liquidity: The reserves (including Treasury bonds) ensure that RLUSD can be redeemed at any time, fostering trust among users and markets.
Advantages of including Treasury bonds
1. Stability: Treasury bonds are low-risk assets, which adds confidence to the RLUSD stablecoin.
2. Yield: These bonds generate interest, which can help finance the Ripple ecosystem or reduce operational costs.
3. Regulation: Having traditional and secure assets can help Ripple comply with regulations.
Responsibility, Investments in cryptocurrencies carry risks, what is stated here does not mean that it has to increase in price, it is said that forecasts are that XRP may significantly increase its value in 2025 because investors will make XRP scarce by holding it as a valuable asset with interest.
We have already provided biometric data every time we open a new bank account, or when we go to the airport, or in public entities of each country, and even online, for free.
Project mainly driven by the developer of chat gpt (open a.i) criticized for its futuristic and chaotic perspective. Worked with tycoon Elonk Musk who ended up opening other paths and they separated.
What do you think will happen, now they are going to launch a token to promote the #WLD🚀🚀 besides being able to set up our own Iris scan business, is it dangerous? Are they toying with our data? Or is it just another mass control strategy?
Would you sell your Iris for 300$ ? Or a monthly balance?
Meanwhile, the platform continues to update for service payments and other benefits, etc. I don't know but I see it functional in other countries like the Europeans, in LATAM? Haha Place your bets.....💲💲💲📈📈
Ripple has received final approval from the New York Department of Financial Services (NYDFS) to launch its stablecoin #RLUSD ADVANTAGES:
RLUSD presents several advantages over competitors such as USDT (Tether) and USDC (from Circle), especially from a regulatory and technical perspective:
1. Strict Regulatory Compliance
RLUSD has been approved by the New York Department of Financial Services (NYDFS), one of the most rigorous regulatory entities. This provides greater confidence to institutional investors, as it ensures transparency and oversight in its management, something that Tether, in particular, has faced criticism for due to its lack of clear audits and unverified reserves.
2. Secure Financial Backing
RLUSD will be fully backed by deposits in U.S. dollars, short-term Treasury bonds, and other cash equivalents, ensuring stability. This aligns it with USDC but contrasts with USDT, which has faced doubts about the composition of its reserves and its liquidity in times of crisis.
3. Multichain Interoperability
RLUSD operates on both XRP Ledger and Ethereum, allowing for broader use in decentralized applications (DeFi) and offering superior transaction speeds thanks to the efficiency of XRPL. This gives it an advantage over USDC and USDT, which rely more on Ethereum or specific networks with limitations in cost and speed.
4. Transparency and Constant Auditing
Ripple has emphasized that RLUSD will be subject to regular audits and clear reporting, which could be a key differentiator against the historical criticisms towards Tether regarding the opacity in its reserve management.
5. Institutional Strategy
RLUSD is designed to primarily attract institutional players, offering security and compliance that facilitate its adoption in regulated sectors. This allows it to differentiate itself from coins like USDT, which are used more in less regulated cryptocurrency markets.
Technical Analysis $XRP #BitcoinPrediction In the images you shared about the XRP/USDT pair, we can perform a basic technical analysis based on the indicators shown:
1. Exponential Moving Averages (EMA):
EMA(7): Yellow line.
EMA(25): Pink line.
EMA(99): Blue line.
In both images, it seems that the current price is above the EMA(7), EMA(25), and EMA(99), which indicates a bullish trend in this time frame (5 minutes and 4 hours). This suggests that the market may be in a buying phase.
2. Volume:
There is an increase in volume in the recent bullish movements (green bars), which confirms the interest of market participants at these price levels. Volume is a key factor to validate these rises.
3. Japanese Candles:
In the 5-minute time frame (second image), a strong bullish candle is observed crossing above the shorter moving averages (EMA(7) and EMA(25)). This indicates a possible short-term momentum.
In the 4-hour time frame (first image), the trend appears to consolidate after a previous drop.
4. Performance Indicators:
Long-term returns (30 days, 90 days, 180 days) are significantly positive (over 300%), which may indicate strong accumulation in previous periods.
Possible strategies:
Short term (intraday trading): Given that the short moving averages are aligned upwards and the price is above these, entry points could be sought on pullbacks near the EMA(7) or EMA(25).
Long term: The accumulated returns and the crossing of the EMAs support the idea of maintaining a bullish position as long as there are no clear reversal signals.
Responsibility: The cryptocurrency market is very volatile, do not invest more than 10% of your capital due to the associated risk. Wishing you the best of days.
Take advantage of volatility movements to gain quick profits: • Entry at key levels: • If the price breaks above $0.06654 (minor resistance) with high volume, consider entering long (buy). • If the price drops below the support of $0.06202, you can enter short (sell) with a target near $0.06000. • Moving averages: • Use the 7 and 25 EMAs as guides. Buy if the price crosses upward both lines with confirmation of green candles and increasing volume. • Exit if the price crosses back down below the EMAs. • Stop-loss and take profit: • Set a tight stop-loss (for example, 1.5% to 2%) to protect yourself from sharp declines. • Set clear goals: 2%-4% profit on each trade. • Additional confirmations: • Use the RSI (Relative Strength Index) to confirm if the asset is oversold (RSI < 30) or overbought (RSI > 70). This will help you avoid entering extreme movements.
2. Swing Trading Strategy (Medium Term)
Look for larger movements over days or weeks: • Buy at supports: • If the price falls near $0.06202, consider entering if the level holds with rejection candles (long tails downward) and decreasing volume on the declines. • Breaks of resistance: • If the price exceeds $0.07024, it could indicate a trend change. Consider entering long and setting an initial target at $0.075 and then at $0.080. • Stop-loss and take profit: • For swing trading, place the stop-loss below the nearest key support, such as $0.06000. • Take profit starting from 5%-10% of the expected movement. • EMA 25 and 99 as trends: • If the EMA25 crosses upward the EMA99, this can be a solid bullish indicator to hold the position.
Responsibility; we operate in a highly volatile market, which carries its risks, so the recommendation is not to trade with all your capital, trade in small portions.
VeChain is a cryptocurrency associated with a blockchain platform designed to enhance supply chains and business processes.
Key Points for Investing in VET:
1. Focus on Supply Chain
VeChain focuses on solving real problems in the global supply chain. Its technology allows for real-time product tracking, ensuring transparency and reducing fraud. This practical approach sets it apart from other cryptocurrencies that do not have such clear applications.
2. Business Adoption
VeChain is already collaborating with major companies such as Walmart China, BMW, and PwC. These real partnerships reinforce its credibility and the potential for greater adoption in the future.
3. Dual Token Model
It uses a dual token system: VET (for transactions) and VTHO (to pay fees on the network). This enables a stable economy for those using the platform, which is attractive to business partners.
4. Sustainable Technology
VeChain employs a consensus algorithm called Proof of Authority (PoA), which consumes less energy compared to Bitcoin or Ethereum, potentially attracting more attention in an increasingly sustainability-focused world.
5. Attractive Price and Growth Potential
Compared to other high-cap cryptocurrencies, the price of VET is often more accessible, which may represent an opportunity for those seeking high long-term returns.
6. Expansion in Key Sectors
VeChain is expanding into sectors such as healthcare, agriculture, and logistics. Its flexibility and ability to adapt to different industries increase its relevance.
Things to Consider
Volatility: Like all cryptocurrencies, VET is highly volatile. Investing involves risks.
Before investing, it is important to thoroughly research and consider diversifying your portfolio.
Given that XRP/USDT has a current price of $2.24 and has experienced an 11% drop, the price is likely in a volatile range. This makes Grid Trading an interesting strategy to capture recovery movements or short-term fluctuations. Here is a suggested setup to trade with $500:
Setup for XRP/USDT
1. Price Range:
Set a wide range to capture both a possible bounce and new drops:
Minimum: $2.00 (close to psychological support and below the current level).
Maximum: $2.50 (a potential recovery level if the price rises).
2. Number of Grids:
Set up 10 grids to capture small and frequent movements.
This creates orders every $0.05 in the range ($2.00 to $2.50).
3. Amount per Grid:
Divide the $500 among the grids: $500 ÷ 10 = $50 per grid.
4. Execution Mode:
Select a neutral mode to capture upward and downward movements within the established range.
5. Duration of the Grid:
Set a specific trading time, such as 1 week, and monitor the results. If there are significant changes, adjust the range.
Additional Tips
Fees: Use $BNB to reduce Binance fees.
Monitoring: If XRP continues to drop below $2.00, you should adjust the lower range to capture new opportunities.
Volume and liquidity: XRP is highly liquid, which facilitates quick order execution.
Performance If each grid generates an average profit of 0.3%-0.5%, you could achieve between $1.50 and $2.50 per completed grid. In markets with high activity, it can accumulate quickly.
You can trade with USDT/XRP and use BNB solely to pay the fees.
1. Make sure to have BNB in your account: to cover the fees.
2. Go to Account Settings on the Binance platform. Activate the option to Use BNB to pay fees. You reduce the cost per trade (from 0.1% to 0.075%)
A country where the adoption of cryptocurrencies has had a significant impact is Nigeria. This African country leads in global cryptocurrency adoption per capita and has shown how they can transform emerging economies:
Impact factors in Nigeria:
1. Financial inclusion: With a high percentage of the unbanked population, cryptocurrencies have become a tool for millions of Nigerians to access financial services, such as payments, savings, and investment.
2. Cheaper remittances: Nigeria is one of the largest recipients of remittances in the world. Using cryptocurrencies has significantly reduced the costs of international transfers, an advantage over traditional methods.
3. Protection against inflation: The value of the naira (local currency) has experienced significant depreciation. Cryptocurrencies, especially Bitcoin, have served as an alternative to protect citizens' purchasing power.
4. Technological innovation: Nigeria has seen growth in startups and platforms that integrate blockchain, helping the development of its technological ecosystem and attracting foreign investment.
Although cryptocurrencies face regulatory challenges in Nigeria, their impact has been an example of the transformative potential of this technology in countries with emerging economies.
$XRP $1000SATS $VET Ripple has strengthened its strategic partnerships in Asia to expand the adoption of its technology, highlighting collaborations in Japan and other regions. Some recent initiatives include:
1. Collaboration with HashKey DX in Japan: Ripple and HashKey DX, together with SBI Ripple Asia, are introducing XRP Ledger (XRPL)-based enterprise solutions in Japan. This effort is initially focused on supply chain finance solutions, replicating the success HashKey Group has had in China, where it has connected thousands of businesses and banks with trade volumes exceeding $7 billion.
2. RippleNet Expansion with Tranglo in Asia-Pacific: Ripple has also advanced its partnership with Tranglo, using the On-Demand Liquidity (ODL) service for instant cross-border payments. This service, which uses XRP as a bridge currency, has been implemented in key markets such as the Philippines and plans to expand to more payment corridors in the region.
These initiatives reflect Ripple's focus on addressing issues such as fragmentation of payment systems in Asia and offering scalable, fast and low-cost solutions. If you would like more details on these collaborations, I can provide them or redirect you to additional sources.
$XRP $1000SATS $VET Ripple has strengthened its strategic partnerships in Asia to expand the adoption of its technology, highlighting collaborations in Japan and other regions. Some recent initiatives include:
1. Collaboration with HashKey DX in Japan: Ripple and HashKey DX, together with SBI Ripple Asia, are introducing XRP Ledger (XRPL)-based enterprise solutions in Japan. This effort is initially focused on supply chain finance solutions, replicating the success HashKey Group has had in China, where it has connected thousands of businesses and banks with trade volumes exceeding $7 billion.
2. RippleNet Expansion with Tranglo in Asia-Pacific: Ripple has also advanced its partnership with Tranglo, using the On-Demand Liquidity (ODL) service for instant cross-border payments. This service, which uses XRP as a bridge currency, has been implemented in key markets such as the Philippines and plans to expand to more payment corridors in the region.
These initiatives reflect Ripple's focus on addressing issues such as fragmentation of payment systems in Asia and offering scalable, fast and low-cost solutions. If you would like more details on these collaborations, I can provide them or redirect you to additional sources.
Cryptocurrency Regulations in China and Japan (December 2024)
China $NEO $VET $BTC
In China, cryptocurrency regulations have evolved significantly. Although trading and mining of cryptocurrencies are prohibited for individuals, the government encourages blockchain technologies. Platforms like $Neo and $VeChain have official support due to their alignment with national goals, such as asset digitization and supply chain management. Additionally, initiatives like the Blockchain Services Network (BSN) promote blockchain-based solutions within a regulated environment.
Recently, interest in cryptocurrencies has been revitalized due to a more favorable narrative towards digital assets and the exploration of the digital yuan. However, cryptocurrency-related companies must comply with strict compliance requirements, such as preventing money laundering and protecting user data.
Japan
Japan is known for its balanced approach to cryptocurrencies. The Financial Services Agency (FSA) strictly regulates the sector, with measures focused on preventing money laundering and ensuring investor security. Recently, Japan has relaxed some regulatory processes to facilitate new tokens' access to the market and revitalize the local industry, especially with the inclusion of Web3 and NFT technologies in government policies. Nevertheless, stablecoins like USDT are subject to strict rules, being issued only by banks and authorized platforms.
Both countries are advancing their regulations, but with different strategies: China promotes the use of blockchain in projects aligned with state objectives, while Japan seeks a more competitive and regulated market to attract technological innovations.
It's a big lie, it can't reach that value, for now I think it can reach between 5 to 7 dollars by 2025, at most
Darkjay
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Bullish
XRP is about to explode! Prophet Brandon Briggs announced: The hundred-dollar myth is about to come true! 🔥 Revolutionary prophecy rocks the cryptocurrency world! 🔥
Listen up, all investors! A financial tsunami is coming, and XRP will be the ultimate winner of this wealth storm!
Divine revelation: XRP will break through the hundred dollar mark!
Brendan Briggs is no ordinary analyst, he is a financial prophet directly appointed by God! He asserted in shocking words: XRP will jump from its current meager price to an incredible $100 in one fell swoop!
The astonishing path of prophecy
This is not just a prediction, this is a financial revolution that is about to rewrite the history of cryptocurrency! Briggs didn’t even know what XRP was before receiving divine revelation. But God chose him to be the pioneer of this financial revolution!
Prophet's Endorsement of Trust
Want to question? Let’s look at Briggs’ amazing insight in accurately predicting Trump’s assassination! This is no longer an ordinary investment, this is a financial sweep endowed with supernatural powers!
Testimonials from professional analysts
Even cryptocurrency analyst EGRAG CRYPTO believes that XRP is on the verge of a breakout. As long as it breaks through 2.9
USD, the road to $5 is just around the corner!
Why choose XRP?
💥 Unprecedented growth potential 🚀 Imminent landmark agreement with SEC 🌟 Cryptocurrency chosen by God
final advice
Investors, opportunities are waving to you! XRP is more than just a cryptocurrency, it’s your rocket to financial freedom!
⚡ Are you ready for the financial revolution? XRP, take off! ⚡
To start copy trading on Binance with a small investment of $300, it is essential to understand the parameters you need to configure. I will explain each one and how you could adjust them to better manage your investment.
1. Selection of the trader to copy
Profitability: Check the percentage of gains that the trader has obtained in recent months.
Risk level: Binance classifies traders by their risk level (1 to 5). If you have low risk tolerance, choose traders with a low or moderate level (1-3).
Trading style: Observe whether the trader makes short-term trades (scalping) or long-term trades. This will influence the frequency with which your funds move.
Recommendation: Select a trader with a consistent track record (not just high gains in one month), a low risk level, and a trading style that aligns with your goals.
2. Size of the investment per trade
What does it mean? It is how much of your $300 will be allocated to each trade of the trader you are copying.
Recommendation:
Do not invest everything in a single trade. Set between 2-5% of your capital per trade (i.e., $6-$15).
This allows diversification and minimizes the impact of potential losses.
3. Stop Loss (SL)
What does it mean? It is a limit that defines how much you are willing to lose before the trade closes automatically.
Recommendation:
Set a Stop Loss of 10-20% per trade to limit your losses. For example, if you have $10 in a trade and set 10%, your trade will close if you lose $1.
4. Take Profit (TP)
What does it mean? It is a limit to secure profits. If this level is reached, the trade closes automatically.
Recommendation: Set a Take Profit of 20-30%. This ensures that you exit with reasonable profits before the market changes.
5. Maximum Drawdown (cumulative loss)
What does it mean? It is the maximum amount you are willing to lose in total.
Recommendation: A maximum of 15-25% of the capital.
By the end of January 2025, it should be between 4 and 5 dollars
koinmilyoner
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Bullish
The critical threshold for $XRP has been surpassed, setting a new target of $10. This milestone marks the beginning of an altcoin rally, signaling a potential surge across the crypto market. Investors are now eyeing further bullish momentum as confidence grows in XRP’s upward trajectory. With renewed interest and strong market dynamics, the broader cryptocurrency space may experience significant gains. #XRP ’s breakout could pave the way for a thriving altcoin season. #XRPReclaimsTop3 #XRPTrends
You are saying that Ray's price will drop in 2025, as it is currently at 6.91 dollars and you say it will reach 5 dollars?
Terraza Económica
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5 cryptocurrencies with the greatest appreciation potential for 2025: see which ones could explode!
In recent years, the cryptocurrency market has been driven by technology, innovations, and growing adoption, with promising projects emerging to revolutionize different sectors. With 2025 on the horizon, there are several cryptocurrencies that show significant growth potential due to their technological updates and the growing interest in their innovative uses. Next, we list five of these coins and analyze what makes them strong candidates to explode in the coming years.
43 Million XRP Transferred Between November 27-28: What's Happening?
Massive XRP Transfers Between November 27-28 XRP, the sixth-largest cryptocurrency by market cap, saw significant transfers on November 27 and 28. According to blockchain monitoring tool Whale Alert, two large transactions occurred during this period, totaling around 44 million XRP. These transfers involved moving large amounts of XRP from major cryptocurrency exchanges to unknown wallets, often indicating whale accumulation or preparations for over-the-counter (OTC) activity.