LIVEMr Ross Crypto
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LIVEMr Ross Crypto
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#BullorBear XRP News Today: ETF Speculation and SEC Case Influence XRP’s Bullish Trend
#xrp
The Monday Overview
XRP rallied 3.42% on Monday. After gaining 0.19% on Sunday, XRP closed the session at $0.6147.
Stablecoin Plans Drive Investor Interest in XRP
XRP extended its winning streak to three sessions on Monday. The XRP return to the $0.61 handle coincided with the recent news of Ripple planning to launch its own Stablecoin. Importantly, Ripple retook the $0.61 handle amidst increasing uncertainty about the SEC v Ripple caseAccording to Santiment, market sentiment toward XRP Ledger/XRP was positive late in the Monday session (UTC). XRP was a trending coin, with 51.72% positive versus 30.5% negative. Nevertheless, the influence of the SEC vs. Ripple case on XRP remains a dominant factor.
There were no SEC vs. Ripple case-related updates to impact buyer demand for XRP. However, Ripple CEO Brad Garlinghouse gave a bullish outlook of the crypto market despite the SEC cases against Ripple, Coinbase (COIN), Kraken, Binance, and others.Garlinghouse based his bullish outlook on the influence of the BTC-spot ETF market and the bitcoin halving as contributory factors.
The evolution of the BTC-spot ETF market to altcoins-spot crypto ETFs would boost the crypto market. However, the issue of whether cryptos are securities or commodities remains a hurdle.
On Monday, Bloomberg Intelligence Senior ETF Analyst Eric Balchunas left the odds of the SEC approving ETH-spot ETFs in May at 25%. XRP-spot ETFs are unlikely until the approval of ETH-spot ETFs and the conclusion of the SEC vs. Ripple case
#xrp
The Monday Overview
XRP rallied 3.42% on Monday. After gaining 0.19% on Sunday, XRP closed the session at $0.6147.
Stablecoin Plans Drive Investor Interest in XRP
XRP extended its winning streak to three sessions on Monday. The XRP return to the $0.61 handle coincided with the recent news of Ripple planning to launch its own Stablecoin. Importantly, Ripple retook the $0.61 handle amidst increasing uncertainty about the SEC v Ripple caseAccording to Santiment, market sentiment toward XRP Ledger/XRP was positive late in the Monday session (UTC). XRP was a trending coin, with 51.72% positive versus 30.5% negative. Nevertheless, the influence of the SEC vs. Ripple case on XRP remains a dominant factor.
There were no SEC vs. Ripple case-related updates to impact buyer demand for XRP. However, Ripple CEO Brad Garlinghouse gave a bullish outlook of the crypto market despite the SEC cases against Ripple, Coinbase (COIN), Kraken, Binance, and others.Garlinghouse based his bullish outlook on the influence of the BTC-spot ETF market and the bitcoin halving as contributory factors.
The evolution of the BTC-spot ETF market to altcoins-spot crypto ETFs would boost the crypto market. However, the issue of whether cryptos are securities or commodities remains a hurdle.
On Monday, Bloomberg Intelligence Senior ETF Analyst Eric Balchunas left the odds of the SEC approving ETH-spot ETFs in May at 25%. XRP-spot ETFs are unlikely until the approval of ETH-spot ETFs and the conclusion of the SEC vs. Ripple case
Zimbabwe’s new currency trading stronger than the rand – for now
Zimbabwe’s new currency, the ZiG, strengthened a day after its debut, the central bank said.
The currency gained 0.2% to 13.53 per US dollar, according to data published on the Reserve Bank of Zimbabwe’s website on Tuesday.
The rand was trading at R18.47 to the dollar by 12h20 on Tuesday.
The ZiG, short for Zimbabwe Gold, was introduced on Monday, Zimbabwe’s sixth attempt to resuscitate the local currency. Its predecessor, the Zimbabwe dollar, lost value every single trading day of this year
The currency gained 0.2% to 13.53 per US dollar, according to data published on the Reserve Bank of Zimbabwe’s website on Tuesday.
The rand was trading at R18.47 to the dollar by 12h20 on Tuesday.
The ZiG, short for Zimbabwe Gold, was introduced on Monday, Zimbabwe’s sixth attempt to resuscitate the local currency. Its predecessor, the Zimbabwe dollar, lost value every single trading day of this year
#BullorBear XRP News Today: ETF Speculation and SEC Case Influence XRP’s Bullish Trend
#xrp
The Monday Overview
XRP rallied 3.42% on Monday. After gaining 0.19% on Sunday, XRP closed the session at $0.6147.
Stablecoin Plans Drive Investor Interest in XRP
XRP extended its winning streak to three sessions on Monday. The XRP return to the $0.61 handle coincided with the recent news of Ripple planning to launch its own Stablecoin. Importantly, Ripple retook the $0.61 handle amidst increasing uncertainty about the SEC v Ripple caseAccording to Santiment, market sentiment toward XRP Ledger/XRP was positive late in the Monday session (UTC). XRP was a trending coin, with 51.72% positive versus 30.5% negative. Nevertheless, the influence of the SEC vs. Ripple case on XRP remains a dominant factor.
There were no SEC vs. Ripple case-related updates to impact buyer demand for XRP. However, Ripple CEO Brad Garlinghouse gave a bullish outlook of the crypto market despite the SEC cases against Ripple, Coinbase (COIN), Kraken, Binance, and others.Garlinghouse based his bullish outlook on the influence of the BTC-spot ETF market and the bitcoin halving as contributory factors.
The evolution of the BTC-spot ETF market to altcoins-spot crypto ETFs would boost the crypto market. However, the issue of whether cryptos are securities or commodities remains a hurdle.
On Monday, Bloomberg Intelligence Senior ETF Analyst Eric Balchunas left the odds of the SEC approving ETH-spot ETFs in May at 25%. XRP-spot ETFs are unlikely until the approval of ETH-spot ETFs and the conclusion of the SEC vs. Ripple case
#xrp
The Monday Overview
XRP rallied 3.42% on Monday. After gaining 0.19% on Sunday, XRP closed the session at $0.6147.
Stablecoin Plans Drive Investor Interest in XRP
XRP extended its winning streak to three sessions on Monday. The XRP return to the $0.61 handle coincided with the recent news of Ripple planning to launch its own Stablecoin. Importantly, Ripple retook the $0.61 handle amidst increasing uncertainty about the SEC v Ripple caseAccording to Santiment, market sentiment toward XRP Ledger/XRP was positive late in the Monday session (UTC). XRP was a trending coin, with 51.72% positive versus 30.5% negative. Nevertheless, the influence of the SEC vs. Ripple case on XRP remains a dominant factor.
There were no SEC vs. Ripple case-related updates to impact buyer demand for XRP. However, Ripple CEO Brad Garlinghouse gave a bullish outlook of the crypto market despite the SEC cases against Ripple, Coinbase (COIN), Kraken, Binance, and others.Garlinghouse based his bullish outlook on the influence of the BTC-spot ETF market and the bitcoin halving as contributory factors.
The evolution of the BTC-spot ETF market to altcoins-spot crypto ETFs would boost the crypto market. However, the issue of whether cryptos are securities or commodities remains a hurdle.
On Monday, Bloomberg Intelligence Senior ETF Analyst Eric Balchunas left the odds of the SEC approving ETH-spot ETFs in May at 25%. XRP-spot ETFs are unlikely until the approval of ETH-spot ETFs and the conclusion of the SEC vs. Ripple case
Top 10 Cryptocurrencies Of April 2024
From bitcoin and Ethereum to Dogecoin and Tether, there are thousands of different cryptocurrencies, which can make it overwhelming when you’re first getting started in the world of crypto. To help you get your bearings, these are the top 10 cryptocurrencies to invest in based on their market capitalization or the total value of all the coins currently in circulation.
2. Ethereum (ETH)
Market cap: $392.4 billion
Year-over-year return: 81%
Both a cryptocurrency and a blockchain platform, Ethereum
2. Ethereum (ETH)
Market cap: $392.4 billion
Year-over-year return: 81%
Both a cryptocurrency and a blockchain platform, Ethereum
Decentralized physical infrastructure networks, DePIN
What are Decentralized Physical Infrastructure Networks (DePINs)?
Decentralized physical infrastructure networks (DePINs) are blockchain protocols that build, maintain, and operate physical hardware infrastructure in an open and decentralized manner.The DePIN industry covers infrastructure for data storage, wireless connectivity, computing, energy, data collection, and more.
DePIN protocols have garnered crypto investor interest lately due to their potential to impact a wide range of industries
Decentralized physical infrastructure networks (DePINs) are blockchain protocols that build, maintain, and operate physical hardware infrastructure in an open and decentralized manner.The DePIN industry covers infrastructure for data storage, wireless connectivity, computing, energy, data collection, and more.
DePIN protocols have garnered crypto investor interest lately due to their potential to impact a wide range of industries
Technology Shiba Inu Could Soon Offer SHIB Holders a '.shib' Internet Domain
Shiba Inu developers are working with internet domain player D3 to introduce a “.shib” internet and top-level domain to the market as part of a push toward identity-focused projects.
Representatives for the Shiba Inu network told CoinDesk in a Telegram chat that they are working with D3 on the application for the .shib top-level domain and plan to apply through ICANN, a global database for internet domains, during the next application window.Every internet domain application is passed and vetted
Representatives for the Shiba Inu network told CoinDesk in a Telegram chat that they are working with D3 on the application for the .shib top-level domain and plan to apply through ICANN, a global database for internet domains, during the next application window.Every internet domain application is passed and vetted
Meme Coins on Degen Chain Flourish as New Layer 3 Racks up Millions in Volumes
Degen Chain was released last week as a specialized network that sits atop Base, which itself is an Ethereum layer
#SHIB #sui #WIF #BullorBear
Degen Chain was released last week as a specialized network that sits atop Base, which itself is an Ethereum layer
#SHIB #sui #WIF #BullorBear
Bitcoin and gold ‘moving in tandem,’ VanEck CEO says
Jan van Eck, CEO of investment management firm VanEck, weighs in the on the bitcoin rally and the outlook for cryptocurrency markets#BullorBear #BinanceLaunchpool #Nonfarm #Memecoins #BinanceLaunchpool
Jan van Eck, CEO of investment management firm VanEck, weighs in the on the bitcoin rally and the outlook for cryptocurrency markets#BullorBear #BinanceLaunchpool #Nonfarm #Memecoins #BinanceLaunchpool
#BinanceLaunchpool #BinanceLaunchpool #Memecoins #BullorBear 1 Top Cryptocurrency to Buy Before It Soars 120%, According to Hedge Fund Manager Mark Yusko
Leading cryptocurrency Bitcoin (CRYPTO: BTC) should more than double its price from $68,000 to $150,000 before the end of the year. That's the view of hedge fund manager Mark Yusko, founder and manager of the Morgan Creek Digital firm. Yusko also expects the "digital gold" crypto to grow tenfold over the next decade.
Yusko's bullish forecast raises a few burning questions:
Does his $150,000 forecast make sense?
How about the implied $680,000 goal for 2034?
Why should we listen to Mark Yusko's Bitcoin opinions, anyway?
So let's see what's up with Mark Yusko and his bold Bitcoin predictions.
Why should crypto investors listen to Mark Yusko?
First things first: Why should investors pay attention to Mark Yusko's cryptocurrency analysis?
After more than a decade of managing endowment funds at Notre Dame and the University of North Carolina, Yusko left the world of academic endowments to found Morgan Creek Capital Management in 2004. He kicked off the Morgan Creek Digital subsidiary in 2018, focusing on new technology ideas such as blockchain coins, big data, and artificial intelligence.
Yusko has a longer history of hands-on cryptocurrency management than most of his mates from the traditional finance world. The Morgan Creek-Exos Risk-Managed Bitcoin Fund project has been available since November 2020, giving institutional investors access to a Bitcoin instrument with fund managers seeking to reduce the risk of owning Bitcoin directly. The fund's track record isn't perfect, but the mere act of having skin in the Bitcoin game for nearly a decade gives Yusko plenty of street cred.
Halving the digital cake and eating it too
Here's what this crypto management veteran said in a CNBC interview last week. First, he said that "it's just math," pointing out the price-boosting effects of each halving event. Bitcoin will soon reduce the number of tokens awarded to miners for processing transactions and adding security to the BN.
Leading cryptocurrency Bitcoin (CRYPTO: BTC) should more than double its price from $68,000 to $150,000 before the end of the year. That's the view of hedge fund manager Mark Yusko, founder and manager of the Morgan Creek Digital firm. Yusko also expects the "digital gold" crypto to grow tenfold over the next decade.
Yusko's bullish forecast raises a few burning questions:
Does his $150,000 forecast make sense?
How about the implied $680,000 goal for 2034?
Why should we listen to Mark Yusko's Bitcoin opinions, anyway?
So let's see what's up with Mark Yusko and his bold Bitcoin predictions.
Why should crypto investors listen to Mark Yusko?
First things first: Why should investors pay attention to Mark Yusko's cryptocurrency analysis?
After more than a decade of managing endowment funds at Notre Dame and the University of North Carolina, Yusko left the world of academic endowments to found Morgan Creek Capital Management in 2004. He kicked off the Morgan Creek Digital subsidiary in 2018, focusing on new technology ideas such as blockchain coins, big data, and artificial intelligence.
Yusko has a longer history of hands-on cryptocurrency management than most of his mates from the traditional finance world. The Morgan Creek-Exos Risk-Managed Bitcoin Fund project has been available since November 2020, giving institutional investors access to a Bitcoin instrument with fund managers seeking to reduce the risk of owning Bitcoin directly. The fund's track record isn't perfect, but the mere act of having skin in the Bitcoin game for nearly a decade gives Yusko plenty of street cred.
Halving the digital cake and eating it too
Here's what this crypto management veteran said in a CNBC interview last week. First, he said that "it's just math," pointing out the price-boosting effects of each halving event. Bitcoin will soon reduce the number of tokens awarded to miners for processing transactions and adding security to the BN.
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