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Mr_ghawsi
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Ripple's CEO hopes for imminent approval of XRP spot ETF in the US Brad Garlinghouse, the CEO of Ripple, recently expressed hope that the US Securities and Exchange Commission (SEC) will soon allow exchange-traded funds (ETFs) spot XRP and other major digital currencies such as Solana (SOL). ) and will approve Cardano (ADA). He criticized the current US regulatory environment for lack of transparency and added that it is only a matter of time before spot ETFs are approved. Meanwhile, the commission's recent approval of several Ethereum spot ETFs indicates a change in the institution's attitude. #StartInvestingInCrypto

Ripple's CEO hopes for imminent approval of XRP spot ETF in the US

Brad Garlinghouse, the CEO of Ripple, recently expressed hope that the US Securities and Exchange Commission (SEC) will soon allow exchange-traded funds (ETFs) spot XRP and other major digital currencies such as Solana (SOL). ) and will approve Cardano (ADA). He criticized the current US regulatory environment for lack of transparency and added that it is only a matter of time before spot ETFs are approved. Meanwhile, the commission's recent approval of several Ethereum spot ETFs indicates a change in the institution's attitude.

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Mr_ghawsi
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#Uniswap price likely to provide buy-the-dip opportunity before rallying 45% Uniswap (UNI) price is attempting a comeback after suffering from a 66% crash between early March and mid-April. The incoming correction will provide patient buyers an opportunity to accumulate UNI before triggering a volatile upswing. Uniswap price sets the stage Uniswap price triggered a mean reversion rally between May 15 and May 26, pushing UNI up by 75% to set up a local top at $11.81, roughly coinciding with the midpoint of the 66% crash noted between March 6 and April 13. An interesting observation is that the 75% rally was preceded by a month-long accumulation phase. The ongoing correction is likely going to lead the DEX token into a similar sideways movement between the $9.26 to $8.29 range. As Uniswap price bounces from the aforementioned range, investors can expect it to take another jab at the $11.39 hurdle. A flip of this key level into a support floor will be a key development, suggesting that the bulls are in control. In such a case, UNI could surge nearly 13% and revisit the $12.97. In total, this move would constitute a 45% gain from the midpoint of the aforementioned accumulation range. The Relative Strength Index (RSI) is close to retesting the mean level of 50 on the daily timeframe, supporting this accumulation outlook for Uniswap's price and signaling a potential bounce in the works for UNI. The Awesome Oscillator (AO) is also above its mean level of zero, hinting that bullish momentum is in control. Supporting this uptrend is Santiment’s 30-day Market Value to Realized Value (MVRV) indicator. The 3.88% value shows that investors who purchased UNI in the past month are at an average profit of 3.88%. Even if these holders decide to sell, it would negatively impact Uniswap price’s bullish outlook. On the contrary, investors tend to accumulate when the MVRV indicator is under the zero line. #UNISWAP $UNI
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A new report shows that 6.8% of the world's population own digital currency A new report by fintech company Triple A shows that 562 million people around the world currently own digital currencies, which shows a growth of 142 million people compared to the population of 420 million people in 2023. Accordingly, 6.8% of the world's population currently own digital currencies. Meanwhile, the population of digital currency holders in Asia has increased from 268 million people with a growth of 21% to 326 million people and has the first rank among the continents. The next ranks are held by North America, South America, Europe, Africa and Oceania respectively. #Megadrop #StartInvestingInCrypto #ETHETFsApproved $BTC
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The price of Polkadat is at a critical point and there is a possibility of its decrease to 6 dollars Polkadot (DOT) is at an important intersection and its price is vulnerable to further declines towards $6 after encountering strong selling pressure at a key resistance level. The daily and 4-hour charts both indicate a possible continuation of the downtrend. However, the asset remains in a range between $7.4 resistance and $6.5 support. A definitive departure from this range will determine the direction of a stable trend. Analyzing market metrics along with the volatility of Polkadata prices can provide valuable insights for traders. #Megadrop #MtGox #StartInvestingInCrypto #Polkadat $DOT
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Pepe's price increased by 7.86% in the last 24 hours During the last 24 hours, the price of Pepe (PEPE) increased by about 7.86% and reached $0.000015. This positive trend has continued over the past week with a 9% increase from $0.000014 to the current price. The trading volume of this digital currency decreased by 43% in the last week, but its circulating supply increased by 0.47% and reached more than 420.69 trillion units. This amount is almost 100% of its final supply of 420.69 trillion. Pepe's market value is in 22nd place with 6.42 billion dollars. #StartInvestingInCrypto #PEPE $PEPE
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US Representative: Bitcoin will be an important part of the future economy 🔸 Senator Cynthia Lummis, pointing to the potential of the digital currency industry in strengthening the American economy, emphasized the importance of taking advantage of these new opportunities. Along with Senator Kirsten Gillibrand and other colleagues, he has played a key role in forming a financial innovation coalition and developing a regulatory framework for the growing digital currency sector. Loomis is a longtime supporter of digital currencies and frequently informs Congress of its importance. He highlighted the use of Bitcoin (BTC) as an investment and payment tool and its growing acceptance, especially against global inflationary concerns. #StartInvestingInCrypto
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