Joe Biden have said that a rate cut is maybe not coming yet. | Mo_prad a Binance Square-en

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Joe Biden have said that a rate cut is maybe not coming yet. The federal reserve chairman Jerome Powell kinda said the same thing 1 month ago at the last fed meeting.
Is it bullish for crypto ?📈
YES ( Hold your bags )

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Biggest update of the month for $XRP ! The XRP Apex event is happening now and here are the 2 main updates of the first day. The XRPL (XRPLedger) is expanding day by day and one of its record is that they are one of the most robust layer-1 blockchain with more than 5 million ACTIVE wallet on the XRP chain. The first update is the reveal of the XRP stablecoin which will be named RLUSD ( in the intent of saying RLUSD like “real”-USD) The second one is finally integrating interoperability between XRPL and the EVM ( Ethereum Virtual Machine), the bridging is going to be provided by Axelar. Is an interoperability good or bad ? It’s good for a greater adoption because usually a majority of projects are built on the EVM and it includes the successful ones so the XRP ecosystem is going to have a better exposure with this connection. It’s also, without going into the technical side of it, a positive update for the potential yield ! Join the Mo_prad circle to have all the insights you need in the crypto sphere🚨🚀 #Binance #DeFi #Metaverse #Web3 #DEX

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Which Crypto ETF is Next ? Is the approval of the ethereum ETF is a pave the way for all the other crypto currencies to be approuved ? Here is the top 5 ranking of crypto that have generated the most interest for the next potential ETF : (1-2/5) $SOL and $XRP ? The standard Charted Bank says « Solana and XRP ETFs could launch in 2025 » So if they said maybe 2025 it could be way earlier in the context of a more tolerant SEC now that they have gone through the BTC and Ethereum ETFs files. And also all the standard media ( CNBC, Bloomberg…) start to really put into the conversation, aside from Bitcoin and Ether, Solana and XRP. A corporate media support is probably one of the strongest indicator of a valid narrative. (3/5) $RNDR ? The only crypto partnered with the 4 largest companies in the world ( Apple, Alphabet, Nvidia, Microsoft) The major crypto exchange in Hong Kong Hash Key have interesting data to show : the top 3 crypto traded is Render followed by avalanche. Which means that the interest is really growing for this projet as well as the use cases of it. Nonetheless beside the Near Protocol Render is leading the AI category by far ! (4-5/5) Chainlink or Avalanche for the top 4 and 5 of legit ETF They go along with the Real World Asset (RWA) category. It seems that now because of a more convenient climate around regulation for crypto the RWAs are more and more a cluster of interest. For the next post I will probably go into tokenized assets and RWAs, drop a follow to see it ! ✅🚀

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The Biggest Crypto Regulation of this decade is about to pass in the U.S Senate ! The FIT21 crypto bill has finally the U.S House of Representatives approval. Here is a little breakdown of this bill in 4 key points : (1/4). The crypto exchanges (CEXs)will no longer be under the SEC jurisdiction (for the most part). So they aren’t gonna go offshore to be regulated. (2/4). The SEC being to vague around the regulation system for digital currencies which makes it an impossible task to accomplish to be registered as a CEX in USA. So that’s why CEXs will be no longer under SEC regulation but under Comodity Futures Trading Commission (CFTC) regulation. (3/4). The bill allows a certification for an issuance of a “digital commodity” which indeed is more secure because with certain criteria specified in the bill this certification put a big stop sign to the scamy projects. (4/4). Last insight worth emphasising, the leaders of a digital currency project, let’s just say the founders of RNDR for the sake of the example, are tied up to not dump all their token prior 12 months. They can’t have over 20% of the RNDR token supply at its start. So as an investor this prevent the founder to sell over your head on a crypto lunch which is unfair, an have happened a lot of times in the past ( but more on the memecoin side of crypto) Join the Mo_prad circle to have all the insights you need in the crypto sphere🚨🚀 #Binance #DeFi #Web3 #SEC #Bitcoin

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Red candles have ended ! Now that Grayscale have finished selling all their assets they no longer represent a big selling pressure. You seen the price of SOL drop from 195$ to 120$ only because they were the ones selling their SOL at 60 $ to be sure to pay back their debt. Combine with the end of a selling pressure the Congress is passing one of the most important crypto bill of the year. That provide a major change in the crypto sphere as, us, little trader. If you want to know what the crypto bill is really about like and follow, I will make an article that dive in it properly. See you soon! #Binance #DeFi #Web3 #SEC #DEX

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SEC APPROVED 8 ETHEREUM ETFs Within the 8 institutions there are BlackRock, VanEck, Ark investment, Fidelity and so on. The key here is that they’re going to pitch this assets (ether) to all their private clients. Their clients represent nearly all the American and European company that have a lot of liquidity. For the record the BlackRock’s Bitcoin ETF, named IBIT, in regards of inflow since its start has the best performance in the history of ETFs of all Wall Street. The fact that Hong Kong, Australia and potentially some European country might as well approve $BTC and $ETH is very compelling for the conclusion that crypto is going to be mainstream like never before. A direct pump after the launch is maybe not probable. But if you want a technical analysis just say “Chart” in the comment section and I will publish one. #Binance #DeFi #etf #Web3 #EthereumETF

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