BREAKING NEWS: US President Joe Biden has just announced that he will not support Bitcoin custody by any institutions. This could potentially pave the way for XRP to become the only regulated currency based on the US judicial system! XRPL defi is expected to experience a significant surge as a large amount of money is expected to shift. The top defi token on XRPL,
@TokenCTF
, could see a substantial increase in value. It wouldn't take much for CTF token to skyrocket from $0.95 to $374.25 per token, reaching a market cap of 10 billion! Many people initially dismissed the idea of $XRP leading the way, but it seems to be coming true! Exciting times ahead for XRPL, looking forward to seeing my CTF tokens bring in more profits. My bags are ready!
FED Interest Rate Decision Announced: Here is the First Reaction of Bitcoin and #altcoins A small decline was observed in Bitcoin after the US Central Bank ( #fedinterest ) released its interest rate decision in the direction of expectations. The FED announced in the last few minutes that it was releasing its interest rate Decision in the direction of expectations between 5.25% and 5.5%. At the beginning of the year, an interest rate cut was expected for May, but the US data failed to progress in any way, which led to the inability to make an interest rate cut today. Along with the interest rate decision, there was no major movement in the Bitcoin price. Bitcoin, which was at $ 57,651 before the announcement, made a short move and fell to $ 57,350, but quickly recovered. In parallel with Bitcoin, there was a small decline in altcoins as well, followed by an upward movement of close to 1%. Economists think that there will be no interest rate cut in September in the current situation in the US.
Tesla, one of the world’s largest electric car manufacturers, has updated its official website to include Dogecoin (DOGE) as a payment option. According to the official website, Tesla products can be purchased using American Express, Discover, Mastercard, Visa, Apple Pay, and now, Dogecoin. However, Dogecoin can only be used to purchase certain products and not Tesla cars.
Tesla now accepts Dogecoin as a payment option for certain products, marking another significant step for the cryptocurrency in the mainstream market.