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Leading crypto payments company Ripple unlocks an additional 500 million XRP from escrow for August as the token’s price crashes to $0.57.
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#CryptoNews🚀🔥V
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The recent pre-election dip in Bitcoin aligns with past trends, suggesting a potential post-election rally similar to the ones seen in 2016 and 2020. Today, Bitcoin declined to around $66,600, continuing the correction that gained momentum on Sunday, when the cryptocurrency briefly dropped to $68,000 after reaching $73,000 just days earlier. Following the latest dip, Bitcoin stabilized around $68,600. This still shows a 3.30% decline over the past seven days. However, a glimmer of hope has emerged. Historical patterns suggest that Bitcoin tends to experience volatility leading up to U.S. elections, often followed by a post-election rally. Scottie Pippen, a known Bitcoin bull and former NBA champion, observed that Bitcoin tends to decline before elections but typically rallies afterward. He shared an analysis of past election cycles that supports this. It highlighted how Bitcoin experienced significant recoveries in 2016 and 2020 after initial drops during election periods. #Bitcoin #Crypto #CryptoNewsCommunity #CryptoNews🚀🔥V #CryptoNewsUSA
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Shiba Inu ecosystem team member DaVinci issues a new warning to its community, revealing how SHIB can become a major red flag. In an X post yesterday, DaVinci, a pseudonymous Shibarium Discord admin, warned that scammers could use the name ‘SHIB’ to perpetrate malicious activities. He clarified that just because a token has SHIB in its name does not mean the project is safe. #shiba⚡ #Crypto #CryptoNews” #CryptoNewssCommunity #CryptoNewsUSA
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Cardano founder Charles Hoskinson has made a shocking financial revelation, disclosing that he has spent $450 million from his own pocket on the ecosystem. Despite mounting critiques, Hoskinson has continued to discuss his commitment to the Cardano ecosystem, a project he founded in 2017. He has incessantly addressed the network’s issues and has always warded off external skepticism about the ecosystem. In a recent podcast, Hoskinson addressed the issue of transparency demands for his firm, Input Output Hong Kong (IOHK). He responded to a Reddit thread calling for the public disclosure of the software development firm’s financial balance sheet, claiming it is a public company. The Cardano founder noted that IOHK was a privately owned software company. Hence, the demand for details of its profits and losses was out of place. #Cardano #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥" #CryptoNewsUSA
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"Bitcoin Bulls and Bears Clash Amid Election Turmoil: Will We See $100K Before Year’s End?"
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