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Ripple CEO Made a Bold Prediction for 2024. The claim that the cryptocurrency market will be 5 trillion dollars The total value of the cryptocurrency market is currently around 2.58 trillion dollars. Garlinghouse claimed that the total value would climb up to 5 trillion dollars in the rest of the year. This means that the total value of cryptocurrencies will double in the next 8 months. What factors did Garlinghouse support his claim? Ripple CEO attributed the claim that the total value will double this year to two main factors. Claiming that macroeconomic factors will continue to support the trend towards the crypto sector, Garlinghouse also thinks that new institutional investors will continue to enter the sector through ETFs. However, it is thought that Bitcoin halving will also contribute to the rise. Brad Garlinghouse said that they have been in the industry for a long time and similar trends have come and gone before. Emphasizing that there are some differences between past periods and the current period, Garlinghouse emphasized that crypto-backed ETFs have started to attract real institutional investors for the first time. This year, when the daily supply of BTC will begin to decrease with the halving, the positive effect of the increase in demand for Bitcoin through ETFs is emphasized. Looking at March data, it is seen that Bitcoin miners produced approximately 28,500 BTC, while over 66 thousand BTC were purchased through spot Bitcoin ETFs. Ripple CEO added that there is no need to be an economist to tell what will happen when demand increases while supply shrinks. As a result, Brad Garlinghouse claims that the crypto market could easily double in value given new trends. Garlinghouse is hopeful for 2024 Claiming that 2024 will be a big year earlier this year, Ripple CEO gave positive signals in XRP. The XRP community welcomed Garlinghouse's words as he said this was the first time he had made such a clear bullish claim. Ripple's recent launch of important projects has the community excited about the future of XRP. $BTC $XRP

Ripple CEO Made a Bold Prediction for 2024.

The claim that the cryptocurrency market will be 5 trillion dollars

The total value of the cryptocurrency market is currently around 2.58 trillion dollars. Garlinghouse claimed that the total value would climb up to 5 trillion dollars in the rest of the year. This means that the total value of cryptocurrencies will double in the next 8 months.

What factors did Garlinghouse support his claim?

Ripple CEO attributed the claim that the total value will double this year to two main factors. Claiming that macroeconomic factors will continue to support the trend towards the crypto sector, Garlinghouse also thinks that new institutional investors will continue to enter the sector through ETFs. However, it is thought that Bitcoin halving will also contribute to the rise.

Brad Garlinghouse said that they have been in the industry for a long time and similar trends have come and gone before. Emphasizing that there are some differences between past periods and the current period, Garlinghouse emphasized that crypto-backed ETFs have started to attract real institutional investors for the first time. This year, when the daily supply of BTC will begin to decrease with the halving, the positive effect of the increase in demand for Bitcoin through ETFs is emphasized.

Looking at March data, it is seen that Bitcoin miners produced approximately 28,500 BTC, while over 66 thousand BTC were purchased through spot Bitcoin ETFs. Ripple CEO added that there is no need to be an economist to tell what will happen when demand increases while supply shrinks. As a result, Brad Garlinghouse claims that the crypto market could easily double in value given new trends.

Garlinghouse is hopeful for 2024

Claiming that 2024 will be a big year earlier this year, Ripple CEO gave positive signals in XRP.

The XRP community welcomed Garlinghouse's words as he said this was the first time he had made such a clear bullish claim. Ripple's recent launch of important projects has the community excited about the future of XRP.

$BTC $XRP

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Person who stole 2 million dollars from Solana meme coin application: They were going to go bankrupt anyway While the Pump.fun application, which allows the issuance of meme coins on the Solana network, had $2 million worth of SOL tokens stolen yesterday with an inside intervention, the former employee who committed the theft said, "It was a place that was poorly Managed and harmed people. I'm not afraid of going to jail either. "If it happens, let it happen," he said. While the Pump.fun application, one of the most used applications of the Solana network recently and through which meme coins can be issued, lost 2 million dollars, the person who committed the theft said that he did not regret what he did. It was determined that the attacker, who targeted the accounts on Pump.fun that enabled the transfer of liquidity in tokens of a certain level to Solana's decentralized exchange Raydium, stole $2 million worth of SOL tokens from there. Everyone calm down, this is a robbery. I will change the course of history. Then I will rot in prison. Am I smart? No, I'm pretty good. Actually, not much. Do I want something? No, even my mother died and came back to life.” “They were managing poorly” Later, speaking in an X Space broadcast on the subject, the attacker complained about the mismanagement of the company and said, “I had a personal stance against the company managers. I was complaining about them. "They were horribly bad managers," he said. “I wanted to bankrupt the company.” The attacker, who used very clear expressions and was announced to be a Canadian citizen, said: “I wanted Pump.fun to go bankrupt and end. They were going to sink anyway. They have been doing evil to people for a long time. This had to be done. I only accelerated their progress. "They were going to finish themselves off anyway," he said. $BTC $SOL
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Billionaire Mike Novogratz Identifies the Key Macro and Regulatory Changes Needed for Bitcoin (BTC) to Reach Record Highs. *Mike Novogratz, CEO of Galaxy Digital, discusses the potential for Bitcoin to reach new all-time highs under certain economic conditions. *Novogratz emphasizes the importance of appropriate cryptocurrency regulations and possible Federal Reserve steps to increase the value of Bitcoin. *“Bitcoin may maintain its current range until we see a rate cut from the Fed,” Novogratz said in his latest podcast. Explore the complex dynamics between macroeconomic policies and Bitcoin's price trend as discussed by industry experts. According to Mike Novogratz, #Bitcoin will likely fluctuate between $55,000 and $75,000, with certain movements expected as certain political and economic events develop. The Impact of United States Economic Policies on Bitcoin Novogratz cites the United States' federal spending and rising national debt as potential drivers of Bitcoin's rise, comparing it to "digital gold." Considering that the crypto regulatory environment is still evolving, significant developments could push Bitcoin to new highs. Willy Woo's Analysis on Global Liquidity and the Future of Bitcoin. Willy Woo predicts a bull market for Bitcoin based on analysis of global liquidity trends and suggests that he expects a big jump by October 2024. $BTC $ETH $BNB
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Bitcoin (BTC) Gains Pace: Michael Saylor Highlights Growing Interest from Wall Street and Congress. *The crypto industry is celebrating a significant legal victory following a recent US Senate decision. *The Senate unanimously agreed to repeal an SEC rule that would severely restrict banks' ability to handle cryptocurrencies. *As one leading industry expert put it, “This is a big day for crypto and American innovation.” Discover the consequences of the US Senate's decision to strike down an SEC rule affecting cryptocurrency banking operations. The now-defeated #SEC rule known as SAB 121 would have forced banks to classify digital assets held on behalf of their customers as liabilities. This classification would create operational difficulties and could hinder the growth of crypto services in banking. The Digital Chamber of Commerce argued that such regulations would effectively prevent banks from offering Bitcoin custody services, and that this service is critical to the security and growth of the cryptocurrency market. In an unexpected development, the Senate vote showed several Democrats crossing party lines to support the crypto industry. This reflects the growing recognition of the importance and potential of cryptocurrencies in the mainstream financial landscape. The cross-party nature of the vote marks a shift in how digital currencies are perceived across traditional political lines and could pave the way for more supportive legislation in the future. Despite the Senate's approval, the crypto community needs to be careful. President Joe Biden has previously shown support for tighter #SEC regulations on cryptocurrencies, and there is a possibility he could veto the Senate resolution. This looming possibility makes the future of this regulatory relief uncertain, highlighting the crypto industry's ongoing challenges in maintaining a stable regulatory environment. $BTC $ETH $BNB
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