#BTC rose to $56k but left a hint behind. Those who trade, | TopCryptoNews a Binance Square-en

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#BTC rose to $56k but left a hint behind.

Those who trade, pay attention to the unclosed gap in the range of $54550-53800

Trump and Harris debate tomorrow, volatility the market price may just return to this range.

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📊 Hedera Becomes Premier Member of LF Decentralized Trust: Bullish Signal for HBAR? Hedera has become a founding Premier Member of the newly launched LF Decentralized Trust, donating its full source code, including the hashgraph consensus algorithm, to the open-source foundation. On September 16, 2024, #Hedera took a significant step in its commitment to decentralization as it became a founding Premier Member of the newly launched LF Decentralized Trust. Charles Adkins, President of Hedera, made the announcement in a public address. Adkins also outlined the company’s role in contributing the entire source code to the foundation. Additionally, this move is likely to have potential implications for the price of Hedera’s native token, #HBAR . As of press time, Hedera’s native token HBAR is trading 2.42% down at $0.05014 with a market cap of $1.8 billion and trading volumes shooting up by 48%. With Hiero, the Linux Foundation now has access to the full suite of Hedera’s core network software, including wallets, decentralized exchanges (DEXes), SDKs, and cryptographic solutions. This could attract more developers and enterprises to the Hedera network. Moreover, it could potentially increase the adoption and strengthen the use cases for the HBAR token. Adkins noted, “Hiero will foster a rich ecosystem of developers, innovators, and enterprises, driving forward critical applications for the Hedera network.” The potential impact on HBAR price is noteworthy. With more developers and enterprises entering the Hedera ecosystem through the open-source Hiero project, demand for HBAR tokens could increase. This could lead to higher liquidity and trading volume, possibly pushing the token’s value upward. However, the token’s price will also depend on market sentiment and broader crypto market conditions. Nonetheless, it’s important to note that Hedera’s donation to the LF Decentralized Trust could also attract institutional interest.

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💥 Ripple’s Legal Win Spurs XRP Comeback on Robinhood, Triggering 7% Price Surge XRP saw a 7.50% surge after Robinhood quietly relisted XRP for EU customers following the resolution of Ripple’s legal battle with the SEC. Following the resolution of the SEC’s lawsuit, XRP has seen a flurry of positive developments, including Grayscale Investments, which recently reintroduced its XRP Trust. Ripple’s #XRP has seen a 7.50% surge in the past week following the quiet relisting on Robinhood. Over the weekend, we saw a deviation from the norm for XRP. The token rallied past the $0.59 mark, nearly reclaiming its July high of $0.6602. This significant surge came on the heels of Robinhood’s decision to reintroduce XRP for trading, though the move is only limited to European Union users for now. Even though Robinhood has not made any official announcements, its updated asset page confirms that XRP is now available to trade under the name Ripple (XRP). This development has sparked discussions among XRP enthusiasts, who have pointed out that Ripple does not actually run the XRP coin. Initially, Robinhood listed XRP in January 2018, However together with other crypto exchanges, Robinhood delisted the digital asset when the U.S. Securities and Exchange Commission charged Ripple for violating securities laws through the sale of XRP. As of the time of press, XRP trading is only available to EU-based users. Also, it’s unclear whether this support will stretch to U.S. customers. The Ripple-SEC showdown stands as a pivotal moment in the evolution of the crypto industry. The legal battle that saw Ripple’s legal team in and out of court doors for almost 4 years now recently concluded with a final judgment effectively ruling in Ripple’s favor. Despite speculations that the SEC would appeal the ruling, recent developments have it that the SEC seemed to have given up an appeal on the XRP ruling after admitting that some listed cryptos in the Binance lawsuit are not securities.

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🤯 New Assassination Attempt on Trump Yesterday, another assassination attempt was made on Donald Trump. Shots were fired near a golf club where Trump was playing golf. Trump was a few hundred meters from the shooting scene. The FBI said the incident looked like an assassination attempt. The media reported that the man arrested was 58-year-old Hawaiian Ryan Wesley Routh. Trump is currently safe, and the FBI is investigating and trying to find out the motives for this assassination attempt. 📉 Meanwhile, BTC starts the new week by falling below $60,000 and testing the $58.1k level, with many altcoins also down 3-8%. This decline is due to market uncertainty regarding the expected cut in US interest rates. 🇺🇸 In less than 72 hours, the Fed will announce a rate cut, currently the probability of a 50bp cut is 61%, while the probability of a 25bp cut is 39%. A 0.50% cut would be a good catalyst for BTC, as long as the markets don’t perceive it as the Fed saving the market from a recession. ⛔️ At the moment, the first key resistance that limits the growth of BTC remains the level of $61,725, where 1.04 million BTC worth over $62 billion are on the verge of profitability, if BTC can surpass $61,725, the price has the potential to rise. #DpnaldTrump #Trump

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📉 BTC has fallen below $58k , but old-timers believe that those who survive the current difficult times will see another moon #BTC #Bitcoin

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