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Anja Bassel Zyso
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Bringing you the latest Crypto currency news and updates from the world of blockchain and digital assets.
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$XRP Ripple price rises ahead of RLUSD launch, but a reversal is possible
The potential risk for the Ripple price is that users may sell the news. This is a situation where users buy an asset in anticipation of a major event and then sell it when it happens. A good example of this is what happened after the last Bitcoin halving in April. Bitcoin rose ahead of the halving and then retreated after it happened.
Another technical risk for XRP is a developing double-top pattern at $2.90. A double-top is a bearish chart formation that often precedes a price pullback. In this case, XRP may hit $2.90 and then retrace to its neckline at $1.90.
Furthermore, the coin could experience mean reversion, where the price falls back toward its key moving averages. Currently, XRP trades about 60% above the 50-day moving average, increasing the likelihood of a correction.
Conversely, a move above the double-top resistance at $2.90 would invalidate the bearish outlook and could propel XRP toward the $5 level.
#FullMarketBullRun #Xrp🔥🔥 #RippleRumblings
The potential risk for the Ripple price is that users may sell the news. This is a situation where users buy an asset in anticipation of a major event and then sell it when it happens. A good example of this is what happened after the last Bitcoin halving in April. Bitcoin rose ahead of the halving and then retreated after it happened.
Another technical risk for XRP is a developing double-top pattern at $2.90. A double-top is a bearish chart formation that often precedes a price pullback. In this case, XRP may hit $2.90 and then retrace to its neckline at $1.90.
Furthermore, the coin could experience mean reversion, where the price falls back toward its key moving averages. Currently, XRP trades about 60% above the 50-day moving average, increasing the likelihood of a correction.
Conversely, a move above the double-top resistance at $2.90 would invalidate the bearish outlook and could propel XRP toward the $5 level.
#FullMarketBullRun #Xrp🔥🔥 #RippleRumblings
$BTC Bitcoin is going to $150k-$200k
Many are calling that this is the top
because of bearish divergence on
rsi in the daily timeframe
but historical fractals won’t lie
the previous Q4 of 2023 also shows
bearish divergence, but instead, the
price skyrocketed 🚀🚀 🚀
#BinanceAlpha #Bitcoin110KNext? #BTCNewATHAgain #FullMarketBullRun #MarketNewHype
Many are calling that this is the top
because of bearish divergence on
rsi in the daily timeframe
but historical fractals won’t lie
the previous Q4 of 2023 also shows
bearish divergence, but instead, the
price skyrocketed 🚀🚀 🚀
#BinanceAlpha #Bitcoin110KNext? #BTCNewATHAgain #FullMarketBullRun #MarketNewHype
$333 Billion in Ethereum (ETH) Held by Only 104 People: 57% of All Coins
With 104 wallets containing at least 100,000 Ethereum, or a startling 57% of the total supply, Ethereum's whale dominance has hit an all-time high. This amount, which equals about $333.01 billion, raises questions about centralization while also indicating that the largest holders have a high level of confidence. Whale accumulation has historically indicated long-term
$ETH
#BinanceAirdropsCATandPENGU
#FullMarketBullRun #MarketNewHype
With 104 wallets containing at least 100,000 Ethereum, or a startling 57% of the total supply, Ethereum's whale dominance has hit an all-time high. This amount, which equals about $333.01 billion, raises questions about centralization while also indicating that the largest holders have a high level of confidence. Whale accumulation has historically indicated long-term
$ETH
#BinanceAirdropsCATandPENGU
#FullMarketBullRun #MarketNewHype
LIQUIDATION ALERT 🚨 🚨 🚨
$272,300,000 WORTH OF $XRP
SHORTS WILL GET LIQUIDATED
IF XRP HITS $3.
XRP SHORT SQUEEZE IS HERE 🔥🔥🚀🚀
$XRP
#BinanceAirdropsCATandPENGU
#FullMarketBullRun
#XRPGoal #RLUSDApprovalBoostXRP
$272,300,000 WORTH OF $XRP
SHORTS WILL GET LIQUIDATED
IF XRP HITS $3.
XRP SHORT SQUEEZE IS HERE 🔥🔥🚀🚀
$XRP
#BinanceAirdropsCATandPENGU
#FullMarketBullRun
#XRPGoal #RLUSDApprovalBoostXRP
$XRP RIPPLE IS BULLING 🔥🔥🔥🚀🚀🚀
$XRP is indeed showing bullish signs. Here's a brief analysis:
Key Drivers
1. *Stablecoin Launch*: Ripple's recent launch of its stablecoin, RLUSD, has generated significant interest and positivity around XRP.
2. *Increased Adoption*: Growing adoption of XRP in cross-border payments and other use cases is contributing to its bullish momentum.
3. *Regulatory Clarity*: Recent developments in regulatory clarity, particularly in the US, have reduced uncertainty and boosted investor confidence in XRP.
Technical Analysis
1. *Price Breakout*: XRP has broken out of its recent trading range, indicating a potential trend reversal.
2. *Moving Averages*: The 50-day and 200-day moving averages are aligning in a bullish pattern.
3. *RSI*: The Relative Strength Index (RSI) is indicating a moderate overbought condition, but still within a bullish range.
Market Outlook
1. *Short-Term*: XRP's bullish momentum is expected to continue in the short term, with potential price targets around $2.80-$3.00.
2. *Mid-Term*: As adoption and regulatory clarity continue to grow, XRP's price is expected to rise, potentially reaching $3.00-$5.00.
3. *Long-Term*: XRP's long-term potential remains significant, with some analysts predicting prices above $10.00.
Remember to always conduct thorough research, set realistic expectations, and manage risk accordingly.
#FullMarketBullRun #MarketNewHype #RLUSDApprovalBoostXRP
$XRP is indeed showing bullish signs. Here's a brief analysis:
Key Drivers
1. *Stablecoin Launch*: Ripple's recent launch of its stablecoin, RLUSD, has generated significant interest and positivity around XRP.
2. *Increased Adoption*: Growing adoption of XRP in cross-border payments and other use cases is contributing to its bullish momentum.
3. *Regulatory Clarity*: Recent developments in regulatory clarity, particularly in the US, have reduced uncertainty and boosted investor confidence in XRP.
Technical Analysis
1. *Price Breakout*: XRP has broken out of its recent trading range, indicating a potential trend reversal.
2. *Moving Averages*: The 50-day and 200-day moving averages are aligning in a bullish pattern.
3. *RSI*: The Relative Strength Index (RSI) is indicating a moderate overbought condition, but still within a bullish range.
Market Outlook
1. *Short-Term*: XRP's bullish momentum is expected to continue in the short term, with potential price targets around $2.80-$3.00.
2. *Mid-Term*: As adoption and regulatory clarity continue to grow, XRP's price is expected to rise, potentially reaching $3.00-$5.00.
3. *Long-Term*: XRP's long-term potential remains significant, with some analysts predicting prices above $10.00.
Remember to always conduct thorough research, set realistic expectations, and manage risk accordingly.
#FullMarketBullRun #MarketNewHype #RLUSDApprovalBoostXRP
BREAKING 🚨 🚨
GERMANY'S EX-FINANCE MINISTER
SAYS “ ITS TIME TO RECOGNIZE THE
OPPORTUNITIES OF $BTC BITCOIN IN
GERMANY ”
GERMANY LOST $2.7 BILLION FOR
SELLING BITCOIN EARLY AT $53K
THE RACE FOR BITCOIN ADOPTION
IS GETTING MASSIVE 🚀🚀🚀
$BTC
#BTCNewATHAgain #Bitcoin110KNext? #FullMarketBullRun #MarketNewHype
GERMANY'S EX-FINANCE MINISTER
SAYS “ ITS TIME TO RECOGNIZE THE
OPPORTUNITIES OF $BTC BITCOIN IN
GERMANY ”
GERMANY LOST $2.7 BILLION FOR
SELLING BITCOIN EARLY AT $53K
THE RACE FOR BITCOIN ADOPTION
IS GETTING MASSIVE 🚀🚀🚀
$BTC
#BTCNewATHAgain #Bitcoin110KNext? #FullMarketBullRun #MarketNewHype
#CryptoUsersHit18M DON’T SELL EARLY!
DON’T GET SHAKEN OUT
ALTSEASON HAVE NOT STARTED YET
WE DIDN'T HOLD FOR MONTHS AND
YEARS TO SELL NOW AT 30% GAINS
WE WANT 5X-10X PUMP FROM HERE🔥🔥$XRP $BNB $SOL
#MarketNewHype
DON’T GET SHAKEN OUT
ALTSEASON HAVE NOT STARTED YET
WE DIDN'T HOLD FOR MONTHS AND
YEARS TO SELL NOW AT 30% GAINS
WE WANT 5X-10X PUMP FROM HERE🔥🔥$XRP $BNB $SOL
#MarketNewHype
$ETH ETH HAS BROKE YEARLY HIGH 🚀🚀
$5,000 IS COMING NEXT 🔥🔥🔥
Ethereum (ETH) has shattered its yearly high, soaring to $4,107. This monumental milestone underscores the growing strength and adoption of the Ethereum network.
Key Implications
1. _Bullish Sentiment_: The break above $4,000 indicates an extremely bullish sentiment, potentially leading to further price increases.
2. _Increased Adoption_: Ethereum's growing popularity and use cases, such as DeFi and NFTs, are driving demand and contributing to its price surge.
3. _Competition with Bitcoin_: Ethereum's gains may lead to a shift in market dynamics, potentially challenging Bitcoin's dominance.
Technical Analysis
1. _Resistance Levels_: The next key resistance levels for ETH are around $4,500 and $5,000.
2. _Support Levels_: Strong support levels are present at $3,500 and $3,000, providing a foundation for potential future growth.
3. _RSI_: The Relative Strength Index (RSI) is approaching overbought territory, indicating a potential short-term correction.
Market Outlook
1. _Short-Term_: A short-term correction is possible, but the overall trend remains extremely bullish.
2. _Mid-Term_: Ethereum's fundamentals and growing adoption suggest a continued upward trajectory.
3. _Long-Term_: As Ethereum's ecosystem expands and matures, its potential for long-term growth and appreciation increases.
Remember to always conduct thorough research, set realistic expectations, and manage risk accordingly
#MarketNewHype #MicroStrategyJoinsNasdaq100 #MicroStrategyJoinsNasdaq100 #ETHETFsApproved
$5,000 IS COMING NEXT 🔥🔥🔥
Ethereum (ETH) has shattered its yearly high, soaring to $4,107. This monumental milestone underscores the growing strength and adoption of the Ethereum network.
Key Implications
1. _Bullish Sentiment_: The break above $4,000 indicates an extremely bullish sentiment, potentially leading to further price increases.
2. _Increased Adoption_: Ethereum's growing popularity and use cases, such as DeFi and NFTs, are driving demand and contributing to its price surge.
3. _Competition with Bitcoin_: Ethereum's gains may lead to a shift in market dynamics, potentially challenging Bitcoin's dominance.
Technical Analysis
1. _Resistance Levels_: The next key resistance levels for ETH are around $4,500 and $5,000.
2. _Support Levels_: Strong support levels are present at $3,500 and $3,000, providing a foundation for potential future growth.
3. _RSI_: The Relative Strength Index (RSI) is approaching overbought territory, indicating a potential short-term correction.
Market Outlook
1. _Short-Term_: A short-term correction is possible, but the overall trend remains extremely bullish.
2. _Mid-Term_: Ethereum's fundamentals and growing adoption suggest a continued upward trajectory.
3. _Long-Term_: As Ethereum's ecosystem expands and matures, its potential for long-term growth and appreciation increases.
Remember to always conduct thorough research, set realistic expectations, and manage risk accordingly
#MarketNewHype #MicroStrategyJoinsNasdaq100 #MicroStrategyJoinsNasdaq100 #ETHETFsApproved
$XRP RIPPLE WILL LAUNCH ITS
STABLECOIN RLUSD TOMORROW.🔥🔥🔥🚀🚀
Ripple's RLUSD stablecoin is indeed launching tomorrow, December 17, 2024, on major crypto platforms and exchanges, including Uphold, MoonPay, Archax, and CoinMENA . This development is expected to have a significant impact on the price of XRP, with some analysts predicting a surge in demand for the token .
RLUSD is a 1:1 dollar-backed stablecoin, fully supported by US dollar deposits, short-term US government Treasuries, and other cash equivalents ¹. The stablecoin's launch is seen as a strategic move by Ripple to re-engage with the cross-border payments industry, particularly in the US .
*Key Features of RLUSD:*
- _Fully backed by US dollar deposits and other cash equivalents_
- _Launched on Ripple's XRPL and Ethereum blockchains_
- _Planned expansion to additional blockchains and DeFi protocols_
The launch of RLUSD is expected to complement XRP in cross-border payments, enhancing liquidity and stability ⁴. Ripple's CEO, Brad Garlinghouse, has stated that RLUSD will focus on large institutional players, offering a reliable and compliant stablecoin solution .
While there are concerns about the potential impact on XRP's price, some experts believe that RLUSD will drive demand for XRP, potentially leading to a price increase .
#BinanceAirdropsCATandPENGU #MarketNewHype #RLUSDApprovalBoostXRP
STABLECOIN RLUSD TOMORROW.🔥🔥🔥🚀🚀
Ripple's RLUSD stablecoin is indeed launching tomorrow, December 17, 2024, on major crypto platforms and exchanges, including Uphold, MoonPay, Archax, and CoinMENA . This development is expected to have a significant impact on the price of XRP, with some analysts predicting a surge in demand for the token .
RLUSD is a 1:1 dollar-backed stablecoin, fully supported by US dollar deposits, short-term US government Treasuries, and other cash equivalents ¹. The stablecoin's launch is seen as a strategic move by Ripple to re-engage with the cross-border payments industry, particularly in the US .
*Key Features of RLUSD:*
- _Fully backed by US dollar deposits and other cash equivalents_
- _Launched on Ripple's XRPL and Ethereum blockchains_
- _Planned expansion to additional blockchains and DeFi protocols_
The launch of RLUSD is expected to complement XRP in cross-border payments, enhancing liquidity and stability ⁴. Ripple's CEO, Brad Garlinghouse, has stated that RLUSD will focus on large institutional players, offering a reliable and compliant stablecoin solution .
While there are concerns about the potential impact on XRP's price, some experts believe that RLUSD will drive demand for XRP, potentially leading to a price increase .
#BinanceAirdropsCATandPENGU #MarketNewHype #RLUSDApprovalBoostXRP
$BTC Bitcoin has broken through the $107,000 barrier for the first time, marking a historic milestone. This achievement has significant implications for the cryptocurrency market, particularly for altcoins.
Key Takeaways
1. _Bitcoin's Rally_: Bitcoin's price surge is expected to continue, driven by increased adoption, institutional investment, and limited supply.
2. _Altcoin Momentum_: As Bitcoin's price rises, altcoins are likely to experience a surge in value, potentially leading to an Altseason.
3. _Market Sentiment_: The overall market sentiment is bullish, with many investors and traders anticipating further price increases.
Altseason Predictions
1. _Altcoin Price Increases_: Expect significant price increases for top altcoins, potentially ranging from 2-10x or more.
2. _Increased Adoption_: Altcoins with strong fundamentals, use cases, and communities may experience increased adoption and mainstream recognition.
3. _New Market Leaders_: The Altseason may lead to the emergence of new market leaders, as traders and investors seek out undervalued gems.
Important Reminders
1. _Market Volatility_: Cryptocurrency markets are known for their volatility, so be prepared for potential price fluctuations.
2. _Risk Management_: Employ effective risk management strategies, such as diversification, stop-loss orders, and position sizing.
3. _Research and Due Diligence_: Always conduct thorough research and due diligence before investing in any cryptocurrency.
#BinanceAirdropsCATandPENGU
#BTCNewATH
#MarketNewHype
Key Takeaways
1. _Bitcoin's Rally_: Bitcoin's price surge is expected to continue, driven by increased adoption, institutional investment, and limited supply.
2. _Altcoin Momentum_: As Bitcoin's price rises, altcoins are likely to experience a surge in value, potentially leading to an Altseason.
3. _Market Sentiment_: The overall market sentiment is bullish, with many investors and traders anticipating further price increases.
Altseason Predictions
1. _Altcoin Price Increases_: Expect significant price increases for top altcoins, potentially ranging from 2-10x or more.
2. _Increased Adoption_: Altcoins with strong fundamentals, use cases, and communities may experience increased adoption and mainstream recognition.
3. _New Market Leaders_: The Altseason may lead to the emergence of new market leaders, as traders and investors seek out undervalued gems.
Important Reminders
1. _Market Volatility_: Cryptocurrency markets are known for their volatility, so be prepared for potential price fluctuations.
2. _Risk Management_: Employ effective risk management strategies, such as diversification, stop-loss orders, and position sizing.
3. _Research and Due Diligence_: Always conduct thorough research and due diligence before investing in any cryptocurrency.
#BinanceAirdropsCATandPENGU
#BTCNewATH
#MarketNewHype
LIQUIDATION ALERT 🔥🔥
Here's a breakdown of the potential liquidation alert:
Key Points
1. *Liquidation Alert*: A significant amount of Bitcoin shorts ($2,140,000,000) are at risk of being liquidated.
2. *Trigger Price*: If Bitcoin's price hits $111,111, these shorts will likely get liquidated.
3. *Short Squeeze*: A short squeeze occurs when a heavily shorted asset experiences a rapid price increase, forcing short sellers to cover their positions, which in turn fuels further price growth.
Potential Consequences
1. *Price Surge*: If the shorts get liquidated, it could lead to a rapid price increase, potentially pushing Bitcoin's price even higher.
2. *Increased Volatility*: The short squeeze could lead to increased market volatility, making it essential for traders to be cautious and adapt to changing market conditions.
3. *Market Sentiment Shift*: A successful short squeeze could shift market sentiment, attracting more buyers and potentially leading to a prolonged bullish trend.
Important Notes
1. *Market Uncertainty*: Cryptocurrency markets are highly unpredictable, and the actual outcome may differ from the predicted scenario.
2. *Risk Management*: Traders should exercise caution, set realistic expectations, and employ effective risk management strategies to navigate potential market fluctuations.
#MarketNewHype
#BinanceAirdropsCATandPENGU
#CryptoUsersHit18M
Here's a breakdown of the potential liquidation alert:
Key Points
1. *Liquidation Alert*: A significant amount of Bitcoin shorts ($2,140,000,000) are at risk of being liquidated.
2. *Trigger Price*: If Bitcoin's price hits $111,111, these shorts will likely get liquidated.
3. *Short Squeeze*: A short squeeze occurs when a heavily shorted asset experiences a rapid price increase, forcing short sellers to cover their positions, which in turn fuels further price growth.
Potential Consequences
1. *Price Surge*: If the shorts get liquidated, it could lead to a rapid price increase, potentially pushing Bitcoin's price even higher.
2. *Increased Volatility*: The short squeeze could lead to increased market volatility, making it essential for traders to be cautious and adapt to changing market conditions.
3. *Market Sentiment Shift*: A successful short squeeze could shift market sentiment, attracting more buyers and potentially leading to a prolonged bullish trend.
Important Notes
1. *Market Uncertainty*: Cryptocurrency markets are highly unpredictable, and the actual outcome may differ from the predicted scenario.
2. *Risk Management*: Traders should exercise caution, set realistic expectations, and employ effective risk management strategies to navigate potential market fluctuations.
#MarketNewHype
#BinanceAirdropsCATandPENGU
#CryptoUsersHit18M
MEGA BULL RUN IS COMING 🔥🔥🔥
BITCOIN IS GOING TO $200,000
ETH IS GOING TO $15,000
MEGA ALTSEASON IS COMING
IN NEXT 4-6 MONTHS, YOU WILL
MAKE LIFE CHANGING MONEY.
DON’T GET SHAKEN OUT !
🔥🔥🔥🚀🚀🚀
$BTC $ETH $XRP
#MarketNewHype #MicroStrategyJoinsNasdaq100 #CryptoUsersHit18M
BITCOIN IS GOING TO $200,000
ETH IS GOING TO $15,000
MEGA ALTSEASON IS COMING
IN NEXT 4-6 MONTHS, YOU WILL
MAKE LIFE CHANGING MONEY.
DON’T GET SHAKEN OUT !
🔥🔥🔥🚀🚀🚀
$BTC $ETH $XRP
#MarketNewHype #MicroStrategyJoinsNasdaq100 #CryptoUsersHit18M
2021 - Every Altcoin did at LEAST 10x
2025 -Market is 100 times bigger. Guess what?
Altcoins will explode in the next few months.
#CryptoUsersHit18M #MicroStrategyJoinsNasdaq100 #MarketMajorComeback
2025 -Market is 100 times bigger. Guess what?
Altcoins will explode in the next few months.
#CryptoUsersHit18M #MicroStrategyJoinsNasdaq100 #MarketMajorComeback
$ETH ALTSEASON 2.0 IS COMING🔥🔥🔥
The altcoin market capitalization has formed a Golden Cross on the weekly timeframe, a bullish indicator that suggests a potential Altseason 2.0.
Historical Context:
During the 2020-21 cycle, the altcoin market capitalization formed a similar Golden Cross, preceding a significant price surge. This pattern may indicate a repeat of the 2020-21 Altseason.
Key Indicators:
1. *Golden Cross*: The 50-week MA has crossed above the 200-week MA, a bullish signal.
2. *RSI*: The Relative Strength Index (RSI) is around 50, indicating a neutral-to-bullish sentiment.
3. *Volume*: Trading volume has increased, suggesting growing interest and potential buying pressure.
Potential Outcomes:
1. *Altseason 2.0*: A prolonged altcoin rally, with potential price increases of 2-5x or more.
2. *Bitcoin Dominance*: A decrease in Bitcoin's dominance, as altcoins gain traction and attention.
3. *Increased Adoption*: Growing mainstream interest and adoption of altcoins, driven by improved infrastructure and use cases.
Remember, cryptocurrency markets are highly volatile, and past patterns do not guarantee future results. Always conduct thorough research, set realistic expectations, and manage risk accordingly
#CryptoUsersHit18M
#MarketMajorComeback
The altcoin market capitalization has formed a Golden Cross on the weekly timeframe, a bullish indicator that suggests a potential Altseason 2.0.
Historical Context:
During the 2020-21 cycle, the altcoin market capitalization formed a similar Golden Cross, preceding a significant price surge. This pattern may indicate a repeat of the 2020-21 Altseason.
Key Indicators:
1. *Golden Cross*: The 50-week MA has crossed above the 200-week MA, a bullish signal.
2. *RSI*: The Relative Strength Index (RSI) is around 50, indicating a neutral-to-bullish sentiment.
3. *Volume*: Trading volume has increased, suggesting growing interest and potential buying pressure.
Potential Outcomes:
1. *Altseason 2.0*: A prolonged altcoin rally, with potential price increases of 2-5x or more.
2. *Bitcoin Dominance*: A decrease in Bitcoin's dominance, as altcoins gain traction and attention.
3. *Increased Adoption*: Growing mainstream interest and adoption of altcoins, driven by improved infrastructure and use cases.
Remember, cryptocurrency markets are highly volatile, and past patterns do not guarantee future results. Always conduct thorough research, set realistic expectations, and manage risk accordingly
#CryptoUsersHit18M
#MarketMajorComeback
BREAKING 🚨🚨
MICHAEL SAYLOR ABOUT TO BUY
BILLIONS WORTH OF $BTC BITCOIN.
NEW ALL TIME HIGH IS COMING !
#CryptoUsersHit18M
#MarketMajorComeback
MICHAEL SAYLOR ABOUT TO BUY
BILLIONS WORTH OF $BTC BITCOIN.
NEW ALL TIME HIGH IS COMING !
#CryptoUsersHit18M
#MarketMajorComeback
$BTC To become a crypto millionaire
All you need is
- $1,000 in savings
- Phone/ laptop
- internet connection
- Time to research in crypto
- Patience
- Consistency of 4-5 years
PATIENCE IS MOST IMPORTANT
#CryptoUsersHit18M #MarketMajorComeback
#MicroStrategyJoinsNasdaq100
All you need is
- $1,000 in savings
- Phone/ laptop
- internet connection
- Time to research in crypto
- Patience
- Consistency of 4-5 years
PATIENCE IS MOST IMPORTANT
#CryptoUsersHit18M #MarketMajorComeback
#MicroStrategyJoinsNasdaq100
$BTC US Senate plans Bitcoin reserve under Trump
Donald Trump's administration is indeed planning to establish a strategic Bitcoin reserve, which has sparked optimism in the market. This initiative aims to bolster the US's financial standing and integrate crypto into the economy .
The proposed plan involves creating decentralized vaults to securely store one million Bitcoins over five years, funded by revaluing assets like gold certificates. This move could potentially send Bitcoin's price to $800,000, with a predicted market capitalization of $15 trillion .
Trump's pro-crypto stance has fueled excitement in the market, with Bitcoin recently surpassing $100,000. The establishment of a Crypto Advisory Council is also in the works, which will oversee crypto policy and collaborate with Congress on legislation .
While some critics have raised ethical concerns, industry leaders argue that experienced voices are necessary to shape effective regulations. With Trump's administration pushing for a more crypto-friendly environment, the future of Bitcoin and the crypto market looks promising .
$BTC
#MicroStrategyJoinsNasdaq100 #CryptoUsersHit18M #MarketMajorComeback #BitcoinKeyZone
Donald Trump's administration is indeed planning to establish a strategic Bitcoin reserve, which has sparked optimism in the market. This initiative aims to bolster the US's financial standing and integrate crypto into the economy .
The proposed plan involves creating decentralized vaults to securely store one million Bitcoins over five years, funded by revaluing assets like gold certificates. This move could potentially send Bitcoin's price to $800,000, with a predicted market capitalization of $15 trillion .
Trump's pro-crypto stance has fueled excitement in the market, with Bitcoin recently surpassing $100,000. The establishment of a Crypto Advisory Council is also in the works, which will oversee crypto policy and collaborate with Congress on legislation .
While some critics have raised ethical concerns, industry leaders argue that experienced voices are necessary to shape effective regulations. With Trump's administration pushing for a more crypto-friendly environment, the future of Bitcoin and the crypto market looks promising .
$BTC
#MicroStrategyJoinsNasdaq100 #CryptoUsersHit18M #MarketMajorComeback #BitcoinKeyZone
$XRP XRP News Today: SEC Drama Spurs Ripple Case
SEC Commissioner Crenshaw Renomination and Ripple Case Developments
XRP Price Volatility and Regulatory Impact
On Friday, December 13, XRP rallied 3.60%, reversing Thursday’s 2.37% loss, closing at $2.4221. XRP outperformed the broader crypto market, which advanced by 1.20%, taking the total market cap to $3.550 trillion.
Optimism surrounding Crenshaw’s renomination and a potential withdrawal of the appeal boosted XRP demand.
Near-term price trends depend on SEC plans to appeal. XRP could fall toward $1 if the SEC files its appeal-related opening brief. Conversely, a withdrawal would likely drive XRP past its January 2018 all-time high of $3.5505.
#MicroStrategyJoinsNasdaq100
#RLUSDApprovalBoostXRP
#MarketMajorComeback
SEC Commissioner Crenshaw Renomination and Ripple Case Developments
XRP Price Volatility and Regulatory Impact
On Friday, December 13, XRP rallied 3.60%, reversing Thursday’s 2.37% loss, closing at $2.4221. XRP outperformed the broader crypto market, which advanced by 1.20%, taking the total market cap to $3.550 trillion.
Optimism surrounding Crenshaw’s renomination and a potential withdrawal of the appeal boosted XRP demand.
Near-term price trends depend on SEC plans to appeal. XRP could fall toward $1 if the SEC files its appeal-related opening brief. Conversely, a withdrawal would likely drive XRP past its January 2018 all-time high of $3.5505.
#MicroStrategyJoinsNasdaq100
#RLUSDApprovalBoostXRP
#MarketMajorComeback