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👑 Ripple CEO spoke about the prospect of an XRP ETF Ripple CEO Brad Garlinghouse recently spoke about the prospects of launching a spot XRP ETF on the market amid the success of spot Bitcoin ETFs. Garlinghouse's latest remarks came in an interview at Paris Blockchain Week. one of Europe's largest blockchain events, which this year took place at the Carrousel du Louvre. - Claim CryptoBox 🎁 $XRP #XRP #RIPPLE

👑 Ripple CEO spoke about the prospect of an XRP ETF

Ripple CEO Brad Garlinghouse recently spoke about the prospects of launching a spot XRP ETF on the market amid the success of spot Bitcoin ETFs.

Garlinghouse's latest remarks came in an interview at Paris Blockchain Week.

one of Europe's largest blockchain events, which this year took place at the Carrousel du Louvre.

- Claim CryptoBox 🎁

$XRP #XRP #RIPPLE

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⭐ Veteran Analyst Shares 5 Altcoins He Claims Will Make 3x Against Bitcoin From Current Levels Cryptocurrency analyst MichaĂ«l van de Poppe claimed in his statement that altcoins have now bottomed in the market and shared the tokens that he claimed could 3x against BTC. The analyst claimed that he chose these altcoins as, in his opinion, the least risky ones. Here is the list of 4 altcoins shared by the analyst: đŸ”ș Optimism (OP) đŸ”ș Chainlink (LINK) đŸ”ș WOO (WOO) đŸ”ș Celestia (TIA) đŸ”ș SKALE (SKL) However, the analyst said that he has been holding less Bitcoin than ever recently and is currently turning to the altcoin side. However, van de Poppe added that he would return to holding more Bitcoin in the future. In addition, the analyst, who is known to be bullish on Ethereum, also made some evaluations for this altcoin. According to the analyst, the ETH price has started to move upwards again. However, the analyst said that the ETH/BTC pair reached its highest level in the last two weeks and argued that ETH showed more strength than BTC. #Crypto $OP $LINK $TIA #op #link
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💾 The trader made a staggering $26 million trading Memcoins on Solana. By trading memcoins on the Solana blockchain, a trader with the domain paulo.sol made over $26 million. The trader started looking into the Bonk (BONK) memcoin rate in early November of last year and decided to invest in the asset. A trader who participated in what is known as swing trading made over $6.28 million off of fluctuations in the token price. The trader started purchasing Dogwifhat coin (WIF) in December 2023 and Jeo Boden coin (BODEN) in March 2024. His purchases occurred just as the value of memcoins started to skyrocket. From trading coins, paulo.sol earned $9.51 million and $7.04 million, respectively. As per Lookonchain, the trader is still holding $7.6 million worth of BODEN and $5.7 million worth of WIF positions. Attention, experts: paulo.sol has begun purchasing additional memtokens. He became Solana’s largest PUPS holder after spending nearly $6 million on the token and $1.77 million on POPCAT. The analysts at the company have previously highlighted the successful trading activities of traders in relation to the continuing boom of meme tokens, so this is not surprising. But there aren’t many of them; those that do either have insider knowledge or are seasoned pros. $BONK #BONK
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đŸ”„ 3 cryptocurrencies to avoid trading in May's first week ♊ Avoid trading Memecoin (MEME) First, Memecoin (MEME) stands out with a staggering $144.64 million worth of 5.318 billion MEME. The team will unlock these tokens on May 3, inflating the circulating supply by 32%, which may cause a crash. From the total, 3.45 billion MEME will be released via airdrop for an imminent sell-off of $93.92 million. According to the CoinMarketCap index, this amount is over two times Memecoin’s 24-hour volume of $40 million. ♊ dYdX Protocol (DYDX) The decentralized exchange protocol DYDX is again featured among cryptocurrencies to avoid trading due to its unlocks. Finbold reported a similar warning for March 31 and, previously, for February 29, with 33.34 million tokens unlocked – worth $117.33 million and $130 million, respectively. Now, the protocol will put the same amount of DYDX in circulation on May 1, currently worth $70.33 million. Evidencing the losses accrued from previous unlocks, worth nearly 50% less than from February’s unlock. As for the distribution, early investors will receive most of the unlocks, worth $39.01 million by press time. The team will have $21.48 million worth of DYDX to sell in the following weeks, and a reserve for future employees will take the rest, worth $9.85 million. ♊ Optimism (OP) Finally, Optimism (OP) has the third-largest token unlock for the first week of May. Traders should also avoid trading OP in the following days despite a proportionally lower inflation than the previous two. The layer-2 blockchain for the Ethereum (ETH) ecosystem will unlock 24.16 million OP, worth $56.29 million. On April 29, core contributors will receive 12.75 million tokens, while investors will receive 11.41 million tokens. Increasing a token’s supply does not guarantee that its price will fall, as demand acts as a balancing force when there is any. However, crypto traders will try to speculate on the economic effects these unlocks may have on price. $MEME $DYDX $OP #MEME #DYDX #OP
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⚠ Significant Decline in Bitcoin Whale Transactions In the world of cryptocurrency, a significant figure, Ali Martinez’s latest analysis indicates a clear decline in Bitcoin whale activities, pointing to a significant downturn in the crypto market. Martinez’s observations since March 14th detail this decline, which could potentially affect Bitcoin‘s price. It is noted that after Bitcoin reached a new peak of $73,777, there was a noticeable decrease in transactions exceeding $100,000. đŸ”ș Decrease in Bitcoin Whale Transactions Stands Out Cryptocurrency analyst Ali Martinez’s analysis shows that in the last 24 hours, there were 2,896 transactions over $100,000 and 521 transactions exceeding $1 million. Before Bitcoin reached its peak, there was an increase in whale activity, with approximately 4,500 daily transactions valued at $1 million or more; and 24,500 transactions exceeding $100,000. Martinez’s striking findings highlight the difficulty in maintaining momentum in Bitcoin’s recent price stagnation due to the lack of significant whale activity. Particularly, the decrease in whales’ participation raises questions about how large-scale investors influence market dynamics. đŸ”ș Differs from Previous Models This decline in whale activity differs from previous periods where increased transaction volumes by major players typically coincided with significant price movements. Martinez’s analysis points to the possibility of a resurgence in whale transactions that could act as a catalyst for a potential rise in the Bitcoin market. As cryptocurrency investors closely monitor Bitcoin’s movements, we are now in a period where all eyes are on whether whale activities will increase again and whether this will truly create an upward trend in the crypto market. This situation could provide important clues about the future of the cryptocurrency market. At the time of writing, the price of the cryptocurrency Bitcoin had fallen below $63,000. The flagship of cryptocurrencies, BTC, was trading at a level of $62,934. $BTC #BTC #bitcoin
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đŸ”„ Opportunity? Brace for XRP breakout ahead of ‘exciting changes’ After an extended period of trading in consolidation, analysts suggest that XRP appears to be poised for a breakout in the coming months if historical patterns replicate. In particular, crypto analyst Dark Defender, through an X post on April 27, drew parallels between current market conditions and the period from 2013 to 2017. The analyst stated that XRP investors should anticipate “exciting changes” to unfold over the next three months, The focus of the analysis is on XRP’s price movements, mainly its lows aligning with a key support line reminiscent of patterns observed during the 2013-2017 period, which preceded a significant uptrend in XRP’s value. ♊ XRP’s 100% rally potential Therefore, this pattern places the next price target at $1, which will reflect a breakout above the Ichimoku Clouds. Notably, the Ichimoku Cloud is a technical indicator used to assess potential future price movements and to identify key levels of support and resistance. ♊ XRP’s path to $1 Despite ongoing consolidation below the $1 mark, investors remain concerned, especially about XRP’s blockchain activity. For example, according to a Finbold report, Ripple sold 100 million XRP tokens from this month’s sell-off reserves on April 24 for $52 million. The sell-off marked the end of April’s token unlock and paved the way for May’s 1 billion XRP release. Notably, such token unlocks have gained a reputation for causing short-term volatility around XRP and might act as a barrier towards hitting $1. Additionally, as investors eye the possibility of XRP reclaiming the $1 mark, the outcome of the Ripple – Securities Exchange Commission (SEC) case remains a critical factor. At the moment, the case’s focal point revolves around the potential fines sought by the SEC, with Ripple contesting a proposed $2 billion fine and advocating for a substantially lower amount of around $10 million. Meanwhile, by press time, XRP was trading at $0.5154, reflecting a correction of approximately 1.3% in the last 24 hours. $XRP #XRP
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