Technical View
- Moving Averages: The 20-day simple moving average (SMA20) for XRP is currently at $0.5217, the 50-day SMA (SMA50) is at $0.5215, and the 200-day SMA (SMA200) is at $0.5756.
- Bollinger Bands: The upper Bollinger Band is at $0.5467, and the lower Bollinger Band is at $0.4967.
$XRP has shown a 2.08% price increase in the past month and a significant 50.30% price increase year-to-date, indicating a positive momentum.
The RSI (Relative Strength Index) is currently at 44.69, which suggests that the cryptocurrency is neither oversold nor overbought.
The Stochastic indicators indicate a reading of 34.06 for Stoch K and 46.88 for Stoch D, indicating a neutral sentiment.
The Moving Average Convergence Divergence (MACD) indicator shows a negative value of -0.00003 for MACD and -0.00011 for the signal line, suggesting a bearish signal.
The Bollinger Bands show an upper band of 0.5467 and a lower band of 0.4967, indicating a potential trading range for #XRP.

Relative Strength Index (RSI): The RSI value for XRP is 44.69, indicating a neutral sentiment.
Momentum Indicator: The momentum indicator for XRP is -0.0234, suggesting a slightly bearish momentum.
Awesome Oscillator (AO): The AO value for XRP is 0.0074, indicating a weak bullish signal.
Commodity Channel Index 20 (CCI20): The CCI20 is at -22.01, suggesting a neutral sentiment.

Market Cap: The current market capitalization of XRP is approximately $28.50 billion, ranking it 7th among all cryptocurrencies.
Daily Trading Volume: The 24-hour trading volume for XRP is approximately $883.40 million.
Performance: XRP has shown a positive performance across various timeframes, with gains of 13.96% over the year, 4.08% over the past three months, and 2.08% over the past month.
Address Activity: There are 5.21 million total addresses with a balance and 22,205 active addresses.$XRP

The world of cryptocurrency investments is abuzz with excitement as recent news suggests that Ethereum spot ETFs may soon become a reality. Exchange-traded funds (ETFs) have long been a popular investment vehicle in traditional finance, offering investors a way to gain exposure to a variety of assets without directly owning them. With the potential introduction of Ethereum spot ETFs, the crypto market could witness a significant influx of institutional and retail investors alike.
What is an Ethereum Spot ETF? #ETFEthereum
An Ethereum spot ETF is a financial product that tracks the price of Ethereum, allowing investors to gain exposure to the cryptocurrency without having to purchase and store it themselves. Unlike futures-based ETFs, which track the price of Ethereum futures contracts, a spot ETF is directly tied to the current market price of Ethereum. This direct correlation offers a more straightforward and potentially less risky way for investors to participate in the Ethereum market.
Recent Developments #ETF
In recent months, several financial institutions have submitted proposals to regulatory bodies, such as the U.S. Securities and Exchange Commission (SEC), to launch Ethereum spot ETFs. These proposals come in the wake of the growing acceptance and understanding of cryptocurrencies in mainstream finance. The SEC's approval of Bitcoin futures ETFs last year set a precedent, and many industry experts believe that an Ethereum spot ETF could be the next logical step.
Potential Impact on the Market
- The current price of Ethereum $ETH is $3,848.15.
- In the short term, the 5-day close change shows a negative trend of -3.79%.
- The price has been relatively volatile, with a daily volatility of 0.63%.
- The RSI (Relative Strength Index) is high at 72.36, indicating that ETH may be overbought in the short term.
- Momentum (Mom) is positive at 898.51, suggesting a bullish sentiment.
- The Awesome Oscillator (AO) has a value of 415.25, indicating strong bullish momentum.
- The Commodity Channel Index (CCI20) is at 210.49, which suggests that ETH is in an overbought condition.
- The Stochastic Oscillator shows a strong uptrend, with the %K and %D values at 91.97 and 89.68, respectively.
- The Moving Average Convergence Divergence (MACD) has a positive MACD value of 141.20, indicating bullish momentum.

- Ethereum has a market capitalization of $462.28 billion and a diluted market capitalization of the same amount.
- The circulating supply of Ethereum is approximately 120.13 million tokens, with a total supply of the same amount.
- The 24-hour trading volume on the market is $7.41 billion, with a volume-to-market cap ratio of 0.06.
- The average transaction value is $8,525.70, and the average transaction volume for the last 24 hours is $2.66 million.
- Ethereum has a strong adoption rate, with a total of 292.76 million addresses and 114.09 million addresses holding a balance.
- The majority of Ethereum addresses are considered "in the money," with 91.08% of addresses having a positive balance.
- There have been 1.16 million transactions on the Ethereum network in the last 24 hours, with a total transaction volume of $9.93 billion.

Support and Resistance Levels:

- Based on the technical analysis, the support level for Ethereum can be considered around the lower Bollinger Band, which is at $2,541.46.
- The resistance level can be identified around the upper Bollinger Band, which is at $3,780.17.
- Additionally, the 20-day simple moving average (SMA20) can act as a support level at $3,160.82, while the 50-day SMA (SMA50) can provide resistance at $3,191.46.
- In terms of price action, previous levels of $3,000 and $3,500 could also act as potential support and resistance levels, respectively.
$ETH

What is Lista DAO?​
Lista DAO functions as a open-source liquidity protocol for earning yields on collateralized Crypto assets (BNB, ETH, Stablecoins, and other cryptocurrencies) and borrowing of our decentralized stablecoin, lisUSD, also known as a "Destablecoin".
It uses and expands the proven MakerDAO model for a decentralized, unbiased, collateral-backed destablecoin.
The protocol consists of a dual token model (lisUSD and LISTA) and a set of mechanisms that support instant conversions, asset collateralization, borrowing, yield farming, etc. We are native to the BNB Chain ecosystem and have plans to expand to multiple chains in the near future.
The protocol is built by DeFi and smart contract experts with the aim to position the world-class revolutionary lisUSD Destablecoin as the most widely used one, by leveraging Proof-of-Stake (PoS) rewards and yield-bearing assets.
What is destablecoin?​
Destablecoin is a new type of asset class within the crypto space that seeks to label a more accurate term in the current stablecoin landscape. The prefix “de-” stands for decentralized - it does not signify price volatility the way assets such as BTC experience. Destablecoins utilize decentralized, liquid-staked, crypto assets only as collateral and do not aim to achieve absolute price stability with fiat-based currencies such as USD. While destablecoins are not fully volatile assets, they will allow for some price fluctuations as regular fiat currencies would experience with varying reference rates and interest rate parities defined by the open market.
What’s the difference between destablecoin and stablecoin?​
Destablecoins differ from the conventional 4 stablecoin types currently in the market. There are four main types of stablecoins:
Fiat-backed (BUSD)
Crypto-backed (DAI)
Algorithmic (USDD)
Commodity-backed (PAXG).
Like other crypto-backed stablecoins, destablecoins will utilise the overcollateralized model backed by crypto assets such as DAI. However, the key differences are:
Destablecoins are fully decentralized. Crypto-backed stablecoins such as DAI leverage on centralized crypto assets such as USDC, while destablecoins such as lisUSD will use decentralized assets as collateral. Additionally, destablecoins will also leverage liquid-staked assets.
Secondly, destablecoins aims to achieve stability broadly without an absolute peg fiat currencies. All currencies are different and have varying reference rates, so price fluctuations should be considered a norm defined by the market instead of aiming for a sense of absolute price stability at all cost. Similarly with destablecoins, it does not aim to achieve absolute price parity with US $1 as a primary objective nor rely on fiat assets as the backed collateral.

Lista DAO allows users to:
Collateralise BNB.Borrow lisUSDFarm lisUSDRepay the loan (lisUSD + borrowing interest (currently set at 0%).Withdraw collateralClaim reward in Lista for borrowing lisUSD (coming soon)Participate in protocol governance, using LISTA tokens (coming soon)

Naver Pay announced a new partnership with Chiliz, the sports and entertainment blockchain, aimed at expanding its global services through web3 innovations. With 33 million registered users and 18 million daily users, Naver Pay offers a compelling solution for businesses seeking to streamline payments and enhance customer engagement via rewards. The partnership will leverage Chiliz's Fan Token ecosystem to create strategies for exclusive ticketing and payment services and host various fan-centric events.#NaverPay
Chiliz, known for its partnerships with major sports teams like Tottenham Hotspur, FC Barcelona, Paris Saint-Germain, and Manchester City, has recently expanded to include football leagues such as the K League and Ligue 1. This collaboration aims to benefit sports enthusiasts across South Korea.
Park Sang-jin, CEO of Naver Pay, expressed enthusiasm about the collaboration, highlighting it as a significant milestone in integrating cutting-edge web3 technologies. Alexandre Dreyfus, CEO of Chiliz, emphasized the importance of the South Korean market due to its mature sports and crypto sectors, expressing excitement about the partnership's potential to bring unique experiences to the sporting community.#CHZ

마드리드, 2024년 5월 22일:
칠리즈는 네이버페이와 웹3.0 기반 사업 협력 파트너십을 발표했습니다. 네이버페이는 3,300만 명의 등록 사용자와 1,800만 명의 일일 사용자를 보유하고 있으며, 결제를 간편화하고 이용자 참여를 강화하는 솔루션을 제공합니다. 이번 파트너십을 통해 칠리즈 체인의 팬 토큰 생태계를 활용해 독점적인 티켓팅과 결제 서비스, 다양한 팬 중심 이벤트를 제공할 계획입니다.
칠리즈는 토트넘 홋스퍼, FC 바르셀로나, 파리 생제르맹, 맨체스터 시티와 같은 주요 스포츠 팀들과 파트너십을 맺고 있으며, 최근에는 K리그와 리그 1과도 제휴를 맺었습니다. 이 협업은 한국의 스포츠 팬들에게 큰 혜택을 제공할 것입니다.
네이버페이의 박상진 CEO는 이번 파트너십이 최첨단 웹3 기술을 통합하는 중요한 이정표라고 강조했습니다. 칠리즈의 알렉산드레 드레이푸스 CEO는 한국의 스포츠 및 암호화폐 시장의 성숙함을 강조하며, 이번 협력의 잠재력이 한국의 스포츠 팬들에게 독특한 경험을 제공할 수 있음을 기쁘게 생각한다고 말했습니다.
$CHZ