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Ripple CEO Made a Bold Prediction for 2024. The claim that the cryptocurrency market will be 5 trillion dollars The total value of the cryptocurrency market is currently around 2.58 trillion dollars. Garlinghouse claimed that the total value would climb up to 5 trillion dollars in the rest of the year. This means that the total value of cryptocurrencies will double in the next 8 months. What factors did Garlinghouse support his claim? Ripple CEO attributed the claim that the total value will double this year to two main factors. Claiming that macroeconomic factors will continue to support the trend towards the crypto sector, Garlinghouse also thinks that new institutional investors will continue to enter the sector through ETFs. However, it is thought that Bitcoin halving will also contribute to the rise. Brad Garlinghouse said that they have been in the industry for a long time and similar trends have come and gone before. Emphasizing that there are some differences between past periods and the current period, Garlinghouse emphasized that crypto-backed ETFs have started to attract real institutional investors for the first time. This year, when the daily supply of BTC will begin to decrease with the halving, the positive effect of the increase in demand for Bitcoin through ETFs is emphasized. Looking at March data, it is seen that Bitcoin miners produced approximately 28,500 BTC, while over 66 thousand BTC were purchased through spot Bitcoin ETFs. Ripple CEO added that there is no need to be an economist to tell what will happen when demand increases while supply shrinks. As a result, Brad Garlinghouse claims that the crypto market could easily double in value given new trends. Garlinghouse is hopeful for 2024 Claiming that 2024 will be a big year earlier this year, Ripple CEO gave positive signals in XRP. The XRP community welcomed Garlinghouse's words as he said this was the first time he had made such a clear bullish claim. Ripple's recent launch of important projects has the community excited about the future of XRP. $BTC $XRP

Ripple CEO Made a Bold Prediction for 2024.

The claim that the cryptocurrency market will be 5 trillion dollars

The total value of the cryptocurrency market is currently around 2.58 trillion dollars. Garlinghouse claimed that the total value would climb up to 5 trillion dollars in the rest of the year. This means that the total value of cryptocurrencies will double in the next 8 months.

What factors did Garlinghouse support his claim?

Ripple CEO attributed the claim that the total value will double this year to two main factors. Claiming that macroeconomic factors will continue to support the trend towards the crypto sector, Garlinghouse also thinks that new institutional investors will continue to enter the sector through ETFs. However, it is thought that Bitcoin halving will also contribute to the rise.

Brad Garlinghouse said that they have been in the industry for a long time and similar trends have come and gone before. Emphasizing that there are some differences between past periods and the current period, Garlinghouse emphasized that crypto-backed ETFs have started to attract real institutional investors for the first time. This year, when the daily supply of BTC will begin to decrease with the halving, the positive effect of the increase in demand for Bitcoin through ETFs is emphasized.

Looking at March data, it is seen that Bitcoin miners produced approximately 28,500 BTC, while over 66 thousand BTC were purchased through spot Bitcoin ETFs. Ripple CEO added that there is no need to be an economist to tell what will happen when demand increases while supply shrinks. As a result, Brad Garlinghouse claims that the crypto market could easily double in value given new trends.

Garlinghouse is hopeful for 2024

Claiming that 2024 will be a big year earlier this year, Ripple CEO gave positive signals in XRP.

The XRP community welcomed Garlinghouse's words as he said this was the first time he had made such a clear bullish claim. Ripple's recent launch of important projects has the community excited about the future of XRP.

$BTC $XRP

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Floki (FLOKI) gave the signal: Is a sharp rise imminent? Floki (FLOKI), one of the most popular memecoins of the time, reassured its investors with its latest price move. Floki (FLOKI), one of the most popular memecoins of the time, reassured its investors with its latest price move. FLOKI, one of the important names of the dog coins, attracted attention by resisting the recent decline in BTC. FLOKI, which lost less value compared to other memecoins, almost winked at the bull. If a possible memecoin trend becomes stronger, it seems that the expectations from memecoin will gradually increase. So, will the long-awaited bull run in the popular memecoin happen? What levels should FLOKI investors consider? Memecoin, which has been pricing upwardly since testing $0.00012797, continues to give positive signals. Although it saw some sales due to the withdrawal in BTC, memecoin later recovered and is changing hands at $ 0.00018775 as of the writing of the news. If the Memecoin craze increases, BTC moves towards $ 70,000 or BTC dominance decreases, we may see a movement towards the upper levels in FLOKI. In such a scenario, the points that can be followed as resistance will be 0.00020405 - 0.00023771 - 0.00025800 - 0.00027200 and 0.00031380 dollars, respectively. In a possible decline scenario, the levels to which a reaction can be expected will be 0.00017406 - 0.00012797 - 0.00009139 and 0.00005334 dollars, respectively. $BTC $FLOKI
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Attention Arbitrum (ARB) investors: Breath held! Arbitrum (ARB), which saw a huge sale with the retreat in Bitcoin, caused panic by reaching the lowest level of the last six months. Arbitrum (ARB), which saw a huge sale with the retreat in Bitcoin, caused panic by reaching the lowest level of the last six months. Bitcoin, which has been turbulent in recent days, continues to deal a blow to altcoins. Especially the decline in some parities did not go unnoticed. Arbitrum, which has a significant place in the Turkish crypto ecosystem, is one of the leading projects. The popular coin, which is followed with curiosity by influencers and investors, has approached the bottom level of the last six months with its short-term decline. So will the decline in ARB continue? What level for ARB? With the decline of Bitcoin (BTC), Arbitrum (ARB), which dropped to $ 0.85, worried both its ecosystem and investors. The popular coin, which has been hovering near the bottom levels of the last six months, continues to pose danger. ARB, which has difficulty exceeding $ 1.2338 in a short time period, may retreat to the range of $ 0.80 - $ 0.73 if it cannot hold at $ 0.99. If this area is lost, it is highly likely that there will be a huge selling pressure on the parity. Bitcoin’in 70.000 dolar üzerinde günlük kapanış yapması, BTC dominansının düşüşü, jeopolitik gerilimin durulması veya Katman-2 trendinin gelmesi halinde Arbitrum’dan beklentiler artacaktır. Böyle bir senaryoda ARB yatırımcılarının direnç olarak takip etmesi gereken noktalar sırasıyla 1,23 – 1,45 – 1,70 -1,80 – 2,10 ve 2,43 dolar. According to Google Trens data, there is a huge decrease in searches for the word Arbitrum. Arbitrum research, which reached 100 Google Trends points on March 13, dropped to 27 as the parity started to decline. This development, which was reflected in social metrics with the recent decline of ARB, did not go unnoticed. In order to observe a possible ARB bull, attention should be paid to this metric being above 50. $BTC $ARB
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How did Ripple respond to the SEC's fine request? What was the market reaction? In the legal fight between Ripple and the SEC, the focus has turned to the $ 2 billion fine that the SEC demanded from the Blockchain company. While the SEC demands $876 million in compensation from Ripple, it also demands nearly $200 million in interest. The regulator also said the company must pay an additional $876 million to cover civil penalties. This means that Ripple may end the legal process by paying a penalty of nearly 2 billion dollars. However, it seems that the Blockchain company does not accept the SEC's fine. Not sure how to redeem the code? You can watch the video we show step by step. In its response to the court on April 22, Ripple stated that the case was not caused by careless transactions or did not constitute fraud, and offered to pay a much lower fine. Accordingly, Ripple has a plan to pay a civil penalty of $10 million in its summary response. In his statement, Ripple lawyer Stuart Alderoty interpreted the SEC's request as a step taken to intimidate the crypto industry in the USA. Ripple CEO Brad Garlinghouse made similar statements rejecting the fine, warning that the SEC's actions and policies would have negative effects in the long term. In its summary response, Ripple also claimed that necessary updates had been made, that XRP sales had been brought into compliance in accordance with the court order, and that they were in compliance with regulatory requirements both in the US and internationally. Ripple also stated that they are willing to cooperate within the law in the future. The low probability of a settlement in the litigation process, which is considered the biggest problem for XRP trading, seems to have disappointed the XRP community in general. $BTC $XRP
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#Btc düştü desteğe geldi ki deneyeceğim :) uzun vade almıyorum pek, scalp genelde max 1 gün
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