Xrp has made me poorer and my hope even more fragile, sigh, rip
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U.today
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XRP Might Make You Poor, Says Fox Business Journalist
Cover image via U.Today
In a recent post on the X social media network, Charles Gasparino, a prominent reporter at the Fox Business channel, has warned XRP holders that they "might be getting poor" depending on how things turn out for Ripple.
"In other words, you are probably not getting rich on XRP and might be getting poor depending on how this shakes out," he wrote on the X social media network.
Gasparino's bearish prediction stems from the fact that Ripple, the controversial company associated with the token, is still not out of the woods when it comes to its years-long legal battle against the U.S. Securities and Exchange Commission.
According to the Fox Business host, the SEC will stop at nothing to overturn the ruling by U.S. District Judge Analisa Torres in the Ripple case.
As reported by U.Today, the judge found that Ripple violated security laws with its institutional sales. However, secondary XRP sales did not constitute investment contracts in a win for the San Francisco-based company.
cardThe price of the XRP token briefly surpassed the $0.8 level following the favorable ruling in July. However, it quickly gave up its gains.
At press time, the Ripple-affiliated cryptocurrency is trading at $0.62. Despite the broader market rally led by Bitcoin, it has so far failed to reclaim its post-ruling high.
The SEC has signaled that it will appeal the ruling in the Ripple case. Since the regulator is now also waging an aggressive campaign to classify Ethereum as a security, Gasparino believes that XRP will not be spared. On top of appealing the case, Ripple is also facing more than $2 billion in penalties and fines, according to the SEC's latest motion.
How to participate, please give us the link to the golden egg, it's ok
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CryptoHolicVN
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Are you ready to hunt for #Binance golden eggs? 🥚 Break the golden egg, immediately share the $200k prize or become the only one to receive 1 full #Bitcoin!
Ok let's move forward guys, the pioneer is the one who puts it in the cart at the right time hahahahahaha
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CryptoBeat
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🚀AI tokens FET, AGIX, and OCEAN soar ahead of proposed merger!🤖 FET up 6%, AGIX up 10%, and OCEAN up 18% in the last 24 hours. The surge comes before a community vote on April 2 for a potential token merger, creating the Artificial Superintelligence Alliance's ASI token. The alliance aims to challenge Big Tech's dominance in AI. If approved, 2.631 billion ASI tokens will replace existing AGIX, FET, and OCEAN tokens. 💬What are your thoughts on this merger? Will it reshape the AI landscape? Share your opinions below!👇
Ether.Fi is Ethereum's liquid restaking protocol. It provides a unique method that allows users to stake their assets while retaining possession of their keys by outsourcing the staking procedure. When assets are put in Ether.Fi, they are immediately re-staked using Eigenlayer.
This approach uses staked ETH to provide an economic security layer to external platforms (such as rollups and oracles), increasing rewards for ETH stakeholders.
Founders and Developers :
Founded in 2022 by the following : - [ ] Mike Silagadze - [ ] Rok Kopp.
Market Indicator : normal, - [ ] Capitalization : $866M - [ ] Trading volume for 24 hours : $1.6B - [ ] Ranking : #114 - [ ] Total supply on the Market : 1B - [ ] Date on Market : March 2024 - [ ] All time High : $8.57 - [ ] All time Low : $2.83 (+165%)
Documentation and Development : - [ ] WhitePaper/documents: present, everything is described and properly explained in sufficient details. - [ ] RoadMap : present - [ ] GitHub : no - [ ] Discord : yes
Price Dynamics : ascending 📈 the token has received maximum hype and has been actively growing since launch 🚀 on the market.
What do you stand to benefit from holding and minting Ethfi Token?
In Conclusion Ether.Fi is at the forefront of Ethereum staking innovation, delivering higher rewards via a secure, decentralised network. By purchasing ETHFI, investors not only support a forward-thinking DeFi protocol, but also help to strengthen and expand the Ethereum ecosystem as a whole.