Shout out to the bridge_oracle community that the NULS-BRG t | koinmilyoner on Binance Square

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Shout out to the bridge_oracle community that the NULS-BRG trading pair is now available on NerveSwap Launch DApp
#BridgeOracle #NULS #NerveNetwork #BRG #koinmilyoner 

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Next week, XRP might hit $0.50 again XRP's price was expected to reach $0.46 when further gains were made. If network traction falls, downswing may persist. XRP saw its biggest profit-generating on-chain transaction volumes since 26 May in the recent 24 hours. This was shown by transaction volume to loss. More transactions are in loss than profit when the reading is below 1. At press, the ratio was 2.016. For every loss, two gains were obtained. Price rise predicts profit-taking Price performance of XRP caused the rise. Charts showed the token at $0.48 on June 28. By press time, the token had plummeted to $0.47 again. Holders benefit from profit-taking, but the price does not. An increase in profits booked might stop a cryptocurrency's price from rising. The picture below shows that the price plummeted practically every time the metric increased. It may be the same this time. If so, the cryptocurrency may tumble below $0.46 in a few days. AMBCrypto also analyzed MVRV. The indicator also measures holders' profitability. It also assists spot price accumulation and distribution. XRP had a -5.45% 30-day ratio at press time. A negative ratio usually implies the average XRP holding loses. Thus, if all holders sell, the average return is -5.45%. The downturn continues. Good purchasing chances have occurred between -8.59% and -18.63%. Thus, the token price may fall before recovering. The $0.46 forecast appears likely. However, a larger cryptocurrency surge might invalidate it. The coin might return to $0.48 if this happens. XRP might reach $0.50 in a bullish situation. We examined the project's Network Growth. As its name indicates, Network Growth monitors network traction. Also measures token adoption. Network Growth rises when new addresses make their first transaction. The statistic drops when fresh addresses are few. At the time of writing, this statistic has fallen, suggesting low token use. Short-term aims are $0.46–$0.48. The altcoin may not reach $0.50 unless something terrible occurs. #XRP #Ripple $XRP

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Significant victory for cryptocurrency secondary market sales as judge rejects portion of SEC lawsuit against Binance The SEC argued that BNB token secondary sales were securities, but US District Judge Amy Berman Jackson rejected their argument. The judge's decision allows the majority of the agency's case against Binance to go forward. To illustrate how the Howey Test takes into account the practicality of financial transactions, the judge referenced a decision from the Ripple case. On Saturday, Binance's native coin, BNB, traded at $571.40, a decrease of over 3% from its value last week. While dismissing a portion of the SEC's case against Binance, a US judge provided market participants more clarification about the secondary market transactions of digital assets. Binance Coin (BNB), the native token, is allegedly being sold on an exchange or in the secondary market as a security, according to the SEC's complaint. A major victory for cryptocurrency traders was announced when the presiding judge referenced a previous decision in the SEC vs. Ripple case. Most of the SEC's case against Binance can go forward On Friday, Judge Amy Berman Jackson rejected a portion of the SEC's case against Binance. The decision is a watershed moment for the cryptocurrency market, as it rules that Binance's BNB token secondary sales are not securities according to the Howey Test. Judge Analisa Torres ruled in the SEC vs. Ripple litigation that XRP sales on the secondary market do not meet the investment contract definition because they do not fulfill the Howey test. The SEC has been advocating the idea that cryptocurrency tokens are more akin to investment contracts than securities. Crypto traders may breathe a sigh of relief as Judge Jackson's decision, which finds that assets do not meet the Howey test and are hence not investment contracts, addresses the problem of cryptocurrencies being sold on the secondary market. #altcoins #Binance #Megadrop

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Will SEC approve Solana ETF? What you should know Following 21Shares and VanEck's disclosures, experts have provided their Solana ETF probabilities. Top industry experts say Solana ETF approval requires a White House move. Solana fell about 5% in 24 hours. Solana (SOL) fell 5% on Friday as leading industry leaders discussed the SEC's likelihood of authorizing an ETF. VanEck and 21Shares filed S-1 registration statements for their spot SOL ETFs. Crypto professionals discuss Solana ETF approval. After VanEck and 21Shares filed for a Solana ETF, numerous crypto communities discussed it on Friday. The graphic below shows that Solana's social volume has risen due to its attention. Top industry experts' projections concerning SOL ETF acceptance may be fueling social traffic. After Bitcoin ETF sales surged in the previous six months, creating a Solana ETF may strengthen the token's market power. Bloomberg analyst Eric Balchunas indicated that SOL ETFs may not be permitted this year unless the SEC and White House shift after the November election. "The likelihood of a Solana ETF being allowed in 12 months are connected to the odds of a POTUS change, and both are greater today than yesterday. We're not offering a number yet. Far too early "said The SOL ETF move could affect the elections, according to Van Buren Capital General Partner Scott Johnsson, who predicted a "60+% chance of a new admin and/or the current admin getting scared straight through this election that they loosen things considerably." Balchunas stated that a lack of US Solana futures would likely prevent Solana ETF certification. VanEck and 21Shares' action may be "reckless" since SOL's futures activity in overseas exchanges does not exceed SEC regulations, according to Cinneamhain Ventures partner Adam Cochran. Other experts say the acceptance of Bitcoin and Ethereum ETFs follows a trend that starts with a crypto futures ETF and ends with a spot ETF. #VanEck_SOL_ETFS #ETH_ETFs_Approval_Predictions #altcoins $SOL #Solana

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It takes courage to ride a fast running horse (crypto) 💪💪💪💪

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As price holds $0.00016, pundit predicts FLOKI bounce, target Bitcoin is leading the crypto market slump, which has hurt FLOKI. FLOKI has fallen more than half of its all-time high, returning to April levels. The meme coin's price may turn around soon, according to a crypto commentator. FLOKI Price Is Critical. Crypto researcher Cryptorphic believes the FLOKI price's ability to retain a key support level bodes well for it. After the price fall, meme coin has held $0.000155 as support. This makes it a probable price rally rebound. Since 2024, FLOKI has had a bullish year, according to the crypto expert. Each of its two main bullish leg ups in March and May 2024 ended in a new all-time high. FLOKI rose 162.82% after breaking a consolidation pattern in the first bullish leg. After this hiatus, the price reached a new high of $0.0001851 in March 2024. Still, the meme coin survived. After a March downturn, FLOKI climbed 154.55% to another peak in May 2024. This second leg-up peaks at $0.00019760 after bullish confirmation. These support a third leg higher, which the analyst predicts might push it to new highs. Cryptorphic uses market bullishness to predict a rise. This leads the crypto expert to assume that FLOKI might quadruple in price soon. The analyst targets 117.71%, following the falling average from the past two significant leg-ups. If this occurs, the price might reach $0.00032, close to its June 5 record high of $0.0003462. As with any study, the expected surge might fail. In this situation, the crypto expert warns that a fall and closure below $0.000155 might hurt the meme currency. After a 44% drop in a month, FLOKI stands at $0.00016. Meme coin trade volume is up 15% in the past day, signaling a revival of interest. #FLOKI $FLOKI #altcoins

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