An executive claims XRP trades at $0.60 and the business won against the SEC
Stuart Alderoty, Ripple's CLO, says the SEC case ruling is in and the company won.
The SEC spokeswoman stated the final litigation verdict resulted in a fine more than 12 times Ripple's suggestion.
Up 4.9% in seven days, XRP is around $0.60.
Investors are still digesting the SEC's lawsuit verdict on Ripple (XRP). Stuart Alderoty, Ripple's CLO, tweeted that the company won the litigation.
Thursday, XRP sits at $0.60 support.
Alderoty believes the SEC will appeal the verdict, but just 10% of appeals result in reversals.
XRP traders who praised the altcoin's legal clarity were reassured by Alderoty.
on July 2023, Judge Analisa Torres ruled that XRP is not a security on secondary markets. In the SEC vs. Ripple verdict, this was affirmed.
Traders are optimistic due to Ripple leaders' confidence and recent company and XRP Ledger ecosystem progress.
Ripple's annual flagship event Swell 2024 will be held October 15 and 16.
Technical Analysis: XRP nears $0.60 critical milestone.
In the last week, XRP rose 4.9% to $0.59. Altcoin trading around $0.60, a psychological threshold. According to the 50% Fibonacci retracement of the slide from the July 13 peak of $0.9380 to the July 5 low of $0.3823, XRP may rise 10.8% to $0.6602.
The RSI is 55.74, above neutral, giving bulls extra ammunition.
XRP may find support at the $0.5845â$0.5875 Fair Value Gap (FVG).
#XRP #MtGoxRepayments #PowellAtJacksonHole #CryptoMarketMoves $XRP
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New podcast alert!đïž
đïž Today at 19:00 Dubai on Binance Live.
In this new episode weâre diving into the world of crypto, business, and international success with none other than Dyuti Parruck, the CEO of @decisivezone and also known as 'Mr. Golden Visa'.
He has been instrumental in helping individuals and businesses navigate the complexities of the Dubai market. With his extensive experience and global perspective, heâs here to share insights on how Dubai is shaping the future of crypto, the secrets behind securing a golden visa, and whatâs next for Decisive Zone.
**Crypto Co-Founder Arrested in Turkey Over $4 Billion Ponzi Scheme**
Andreas Szakacs, co-founder of the now-collapsed OmegaPro platform, was arrested in Turkey in July. He's accused of defrauding investors in a $4 billion crypto Ponzi scheme.
- Szakacs allegedly promised huge returns via OmegaProâs âautomated tradingâ algorithm but eventually locked users out of their accounts.
- Founded in 2019 and based in Dubai, OmegaPro offered returns up to 300%.
- The platform began shutting down accounts in late 2022, around the same time as the FTX collapse.
- Turkish police seized computers, mobile devices, and 32 crypto cold wallets, tracking over $160 million in transactions.
- OmegaProâs funds are believed to be linked to the infamous OneCoin fraud scheme.
Binance Holdings Ltd is expanding its workforce by hiring 1,000 employees in 2023, with a significant focus on compliance roles. This move is part of the company's broader efforts to meet regulatory requirements, including those related to US oversight following a plea deal. The increased spending on compliance, which now exceeds $200 million annually, reflects Binance's commitment to enhancing its regulatory adherence amid growing scrutiny in the cryptocurrency sector.
URGENT UPDATE REGARDING $NEAR $SHIB $CRV
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1ïžâŁ NEAR (NEAR Protocol) - Scalable Blockchain: NEAR has surged to $4.27, representing a 5.56% gain. The recent uptrend indicates positive sentiment, with a potential continuation if NEAR breaks above $4.50. The 4H RSI indicator shows a bullish signal at 64.20, suggesting further gains. Key resistance levels: $5.00 and $5.50. NEAR's scalable blockchain solutions may drive further adoption.
2ïžâŁ SHIB (SHIBA INU) - Community-Driven: SHIB has increased to $0.00001423, representing a 4.40% gain. Despite its volatility, SHIB boasts a strong community, anticipating potential upward movement post-news or tomorrow. The RSI 4H indicator remains positive around 59.50. A breakthrough above $0.00001500 could trigger further gains, targeting the $0.00001800 area.
3ïžâŁ CRV (Curve) - Decentralized Trading: CRV has declined to $0.3279, representing a 1.89% loss. The recent downtrend indicates negative sentiment, with a potential continuation if CRV breaks below $0.3200. The 4H RSI indicator shows a bearish signal at 41.80, suggesting further losses. Key support levels: $0.3100 and $0.3000. CRV's decentralized trading protocol faces challenges, impacting price performance.
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#BTCâ #Write2Earn! #BinanceTurns7#CryptoMarketMoves #BinanceLaunchpoolDOGS
$BTC $ETH $BNB
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TOTAL liquidity explodes to try to rise again, but the target is 2.138. This is a difficult area to reach unless there is strong and good news. Other than this, the areas above it in the chart image, if they are reached, are areas of high volatility. For this reason, BTC today and ETH are rising, and it is expected that we will see the same strong and negative movement. It's time for everyone to be careful
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#BTC #ETH #TOTAL #SOL #XRP
$DOGE $TON $SHIB @carv_official
Shiba Inu Forecasted To Reach 3.3 Cents: Hereâs When: đđđđ±đ±đ±đ°đ°đ°
( Must know about CARV protocol )
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đ„đ„đ„ The cryptocurrency industry has been eagerly waiting for several milestones. This includes Bitcoin (BTC) hitting $100K and Shiba Inu (SHIB) achieving the 1 cent milestone. The meme coin, however, was seen trading at $0.00001369 with a drop of over 1% throughout the last 24 hours, at press time.
âą SHIB is currently 84% below its all-time high which isnât 1 cent. The asset reached a peak of $0.00008845 back in October 2021. SHIBâs rise to 1 cent requires the asset to surge by 730%. While this is on the cards for the asset, several ambitious investors were looking forward to the meme coin increasing to a high of 3.3 cents.
đĄAccording to data from Changelly, the asset will reach the 1-cent mark sometime in 2040. Shiba Inu will have to rise by over 2,000% to achieve the 3.3 cents mark. This will occur only in the year 2050.
đą CARV PROTOCOL: DECENTRALIZED DATA MANAGEMENT: đš
CARV Protocol is a blockchain-based platform that empowers individuals and organizations to own, control, and monetize their data. It provides a decentralized data management solution, ensuring data security, privacy, and integrity.
BENEFITS: đ°đ°
âąDATA OWNERSHIP: Individuals and organizations retain control over their data.
âąSECURITY: Advanced cryptography and blockchain technology ensure data protection.
âąTRANSPARENCY: Transparent data management and transactions foster trust.
âąDATA MONETIZATION: Users can profit from their data, creating new revenue streams.
#CARVingTheFutureOfData
#BinanceBlockchainWeek
#BinanceSquareCreatorAward
#shiba⥠#MtGoxRepayments
đ TRX on the Rise: How Meme Coins and SunPump Are Shaping Tronâs Future
SunPumpâs introduction has led to the development of more than 7,000 meme coins, contributing to TRX prices and expanded network usage.
The increase in meme coin listings on Tron shows that the platform has become a preferred ecosystem for highly volatile tokens that affect the investment position of TRX.
Tron (#TRX ) is one of the tokens that have recently experienced a massive increase in adoption, mainly due to the high demand for meme tokens and the SunPump deployment platform. After the August 12 launch of SunPump, TRX has become one of the most popular assets, rising by 22%. This development points to the fact that the meme coins are on the rise within the Tron network
SunPump integration is one of the primary reasons for TRXâs recent rise in price, as more than 7,000 new fresh coins have been generated on #Tron . These meme coins have made their way into circulation and sparked a new interest, resulting in a lot of network traffic and more TRX burning.
This activity demonstrates increased demand and a decreasing TRX supply, which has caused the TRX token to approach $0.17. This increased network activity shows that Tronâs ecosystem is becoming more significant within the crypto platform.
đž Meme Coins Fueling Tronâs Growth and Sunâs Influence
The new meme coin launches have also impacted TRXâs price and placed Tron as the network of choice for such highly speculative assets. While investors still classify TRX as a short-term speculative inventory, analysts continue to predict a mid-term upsurge in their price as more traders and developers join the platform.
Through his organization known as Tron, Justin Sun has played an essential role in instilling confidence in investors through TRX and the overall platform. The strong revenue indicator for SunPump also supports the project, while the continuation of the cooperative partnership and new initiatives contributes to the projectâs potential for growth.
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$BTC $ETH $BNB
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BTC PUMP INCOMING SOON We must know that BTC is in an uptrend and is still targeting the 62700 area, so it and the 63300 area may be shorts, but the possibilities of a decline are as likely as a rise. Why did he accept Hall Jacksonâs seminar on Jerome Powell on the topic of reducing the American interest rate, and this is something that if it gives a hint of a reduction, then this Something that will give a strong movement to BTC to 65,000 or 69,000 possibly if we confirm the reason is the entry of new liquidity and do not forget the printing of the US dollar several days ago. I mean USDT in general. For this reason, BTC is currently rising at 60,900, but indicators say that there is a strong rise coming, 4H, the 56.38 area, and it has been Penetrating a negative zone that was 54.00 several hours ago, this is something that gives more possibilities for a strong rise before the symposium. As a reminder, there are 3 areas of high volatility: 61300, the top is 61300, the middle is 60800, and the bottom is 60300. These are three very important areas. In general, I wish you good luck and do not forget to vote for me.
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#BTC #ETH #BNB #DOGS #NOT