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Senator Elizabeth Warren gets crypto community wrath after claiming that countries are using cryptocurrency to undermine national security and evade sanctions.
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Bitcoin faces volatility amid U.S. election week, with the potential for a surge to $100,000 post-election. Bitcoin declined over the weekend after nearing its all-time high, prompting some short-term traders to secure profits. The pullback brought the price down to nearly $67,000, yet market analysts remain confident in its longer-term trajectory. Notably, on-chain insights provider Spot On Chain indicated that the market might be entering its most volatile week, fueled by the upcoming U.S. presidential election and the Federal Open Market Committee (FOMC) meeting. Spot On Chain emphasized that historically, significant gains often follow U.S. elections. This trend suggests that regardless of whether Donald Trump or Kamala Harris secures the presidency, Bitcoin could maintain its upward trajectory, potentially reaching $100,000 by year-end. #Bitcoin #Crypto #CryptoNews” #CryptoNewssCommunity #CryptoNewsUSA
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The amount of XRP in Ripple’s escrow reserve has reduced significantly to 38.9 billion from the 55 billion coins initially locked in 2017. Ripple recently released its Q3 2024 report, giving its clients an overview of its overall performance and state of the XRP Ledger (XRPL) in the third quarter of 2024. Ripple’s XRP Holdings In the report, Ripple revealed its XRP holdings, including those held in its escrow reserve. As of September 30, 2024, Ripple’s liquid XRP holdings stood at 4,436,713,796 (4.43 billion). In addition, the company’s escrow reserve held 38,900,000,005 (38.9 billion) XRP on September 30. Notably, Ripple’s Q3 report has triggered widespread reactions within the XRP community, with a focus on the escrow reserve. #Ripple #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥" #CryptoNewss
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“Chartered Technician Warns: Bitcoin Gravestone Doji Signals Imminent Market Slump”
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Market commentators highlight various factors hindering XRP from reaching $1, including negative sentiments and the Ripple v. SEC lawsuit. Over the weekend, XRP dipped below the $0.50 level, reaching $0.4930. This breach of a key psychological threshold follows a broader correction in the crypto market after last week’s gains. The previous week’s bull run gained momentum when Bitcoin surpassed $73,000 for the first time in seven months. However, XRP lagged behind the bullish frenzy, peaking at only $0.5300 last week. Yet, as the market entered a correction phase, XRP followed suit. With XRP persistently trading below the $1 mark despite occasional market-wide swings, many have continued to wonder why this level has proven difficult to surpass. #XRP #Crypto #CryptoNews” #CryptoNewssCommunity #CryptoNewsUSA
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Gene Zawroty, former Linqto Chief Revenue Officer, is suing the Delaware investment company and two of its executives for multiple claims, including fraud and market manipulation. Zawroty filed the lawsuit in California’s Santa Clara County on October 7, 2024. Although the lawsuit was filed a few weeks ago, the development only recently reached public knowledge. #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥" #CryptoNewsUSA #CryptoNewss
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