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Good News for Cryptocurrency Investors! The shift in Bitcoin's supply towards younger participants indicates a reluctance among long-term investors to sell, which could contribute to an upward trend. Unemployment and wage increase data have provided positive signals in favor of cryptocurrencies. #Bitcoin price lost the support level of $27,200 and continued to find buyers at $27,050. #BinanceTournament #CryptoDailyDigest #Binance

Good News for Cryptocurrency Investors!

The shift in Bitcoin's supply towards younger participants indicates a reluctance among long-term investors to sell, which could contribute to an upward trend.

Unemployment and wage increase data have provided positive signals in favor of cryptocurrencies.

#Bitcoin price lost the support level of $27,200 and continued to find buyers at $27,050.

#BinanceTournament #CryptoDailyDigest #Binance

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé. Consultez les CG.
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Good news for Ripple (XRP) investors: Critical data has been announced! According to Ripple's latest market report, XRP Ledger (XRPL) saw more than double the number of transactions in the first quarter of 2024 compared to the previous quarter, and the average transaction cost was almost halved. According to the report published on May 17, XRPL onchain transaction activity increased by 108 percent, with approximately 251.39 million in the first quarter of 2024, compared to a total of 121.03 million in the last quarter of 2023. Additionally, the average cost per transaction decreased by 45 percent to approximately $0.000856. XRP trading volume distribution among cryptocurrency exchanges remained stable in the first quarter of the year; Binance, Bybit and Upbit account for more than 70 percent of the total trading volume. Additionally, it was stated that the volume traded through fiat pairs in the 1st quarter decreased from 15 percent to 11 percent in the 4th quarter. The report also discussed ongoing litigation against the United States Securities and Exchange Commission (SEC); A lawsuit filed by the SEC in December 2020 alleges that executives conducted an initial public offering of XRP, deeming it an unregistered security. On April 22, Ripple responded to the SEC's $2 billion settlement request and did not accept this request. Ripple argued that the law does not allow the SEC to demand refunds or interest unless it can prove someone was harmed. “In terms of next steps, both parties will wait for the Judge to make a decision on final solutions – likely in the coming months,” Ripple said. “Ripple remains confident that the Judge will approach the resolution phase fairly,” he added. $BTC $ETH $BNB
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