Share what Tokens you are Bullish on or Bearish on
Bullish vs. bearish: What’s the difference?
The main difference between bullish and bearish is an attitude or belief in relation to the stock market. A bullish person acts with a belief that prices will rise, whereas bearish investors act with the belief prices will fall. Patterns and trends in major stock market indexes are often described in bullish vs. bearish terms.
It can be easy to confuse your financial market animals — both bulls and bears are large, strong and known for territorial behavior. But in a bull market, stock market values rise at least 20% from a recent low, whereas in a bear market, average stock values drop by at least 20% from a recent peak.$XRP $SOL $$BTC 🤑🤑🤑
XRP vs. Cardano: Which Altcoin Has More Potential to Reach $1 First?
Sabrina Martins Vieira
XRP and Cardano (ADA) are two alternative cryptocurrencies that possess distinct fundamental characteristics. Despite their differences in market capitalization and total supply, these two altcoins share some similarities, such as a dedicated community and the aspiration that their holders will experience a resurgence in the value of altcoins to reach $1.
$$$$$$$XRP , developed by Ripple, is a digital token created to be used as a medium of exchange in facilitating global value transfers and enhancing the efficiency of international payments. This is achieved by making them faster and more affordable.
Alternatively, Cardano is an open-source cryptocurrency that aims to provide a solid foundation for building decentralized applications that are scalable, secure and driven by a proof-of-stake consensus mechanism. It boasts a layered architecture, which enables the separation of the data layer and the smart contract layer, providing a unique and innovative approach to blockchain technology.
Ripple Offloads 46 Mln XRP Tokens Amid Price Rebound, Nosedive Ahead?The XRP price has rebounded to trade above the $0.53, however, Ripple has ignited concerns with 46 million XRP tokens selloff.
Ripple’s XRP has experienced a significant rebound today, erasing losses from the previous week. However, the XRP community is unsettled by significant selloffs and notable whale movements, further contributing to market uncertainty. Adding to the unease, Ripple has executed a substantial transfer of 46 million XRP tokens lately. This raised concerns about another impending selloff amid heightened volatility. Ripple Dumps Massive XRP Reserve A recent post on X by Whale Alert, an on-chain tracking platform, brought attention to this massive XRP transaction carried out via its parent company, Ripple. The sizable transfer has sent shockwaves through the community, with expectations of a considerable selloff that could potentially drive the XRP price lower despite the recent rebound. The Whale Alert post suggests that Ripple has offloaded 46.34 million XRP tokens, valued at $24.74 million. The transaction was directed toward an undisclosed wallet. Moreover, according to data from Bithomp, an XRP ledger explorer, Ripple currently holds an extremely small XRP reserve now. Ripple currently holds just 270 XRP tokens, equivalent to $147. However, there are strong chances that Ripple might buy XRP to boost its reserve in the future. Adding to the dynamics, another major whale transaction has been reported by Whale Alert. This transaction involved the transfer of 27.10 million XRP tokens, equivalent to $14.57 million, to Bitstamp, a crypto exchange. The transfer was conducted via an unidentified wallet. Moreover, the recurrence of significant selloff moves in these transactions raises further concerns within the XRP community as the crypto price has just rebounded past $0.53.
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##xrp 5 Cryptocurrencies to Turn $10 Into $1,000 DATE:
JANUARY 29, 2024 WRITTEN BY:
GODFREY BENJAMIN
Solana (SOL)
Solana has a robust ecosystem that is notably in the spotlight at the moment. The blockchain protocol has a lot of good things happening simultaneously in its ecosystem that primes it for immense growth this year.
Polygon (MATIC)
Polygon is a major delight for enterprise firms looking to make a pivot into the Web3 space. As an Ethereum-based scaling protocol, Polygon has recorded immense achievements in the past year, ranging from its partnership with Starbucks to the CDK toolkit it designed to help create other blockchain networks.
Cardano (ADA)
Cardano, as a blockchain network, is arguably the most developer-driven protocol as judged by its GitHub activities. Primed for scalability and low cost, Cardano is making its mark in Web3 as one of the fastest-evolving chains to pitch tents with.
Avalanche (AVAX)
Avalanche is one of the top coins with the most intriguing recovery rates over the past year. Described as the fastest protocol in terms of Time to Finality, Avalanche has soared by more than 81.17% Year-on-Year (YoY) to $32.60 after dropping as low as $8.91 on October 19, 2023.
XRP
XRP is considered one of the biggest but undervalued digital currencies in the crypto scene. Currently trading for $0.5294, the token is up 2.02% in the past 24 hours, per data from CoinMarketCap.
XRP is the only crypto recognized by law as a non-security after the historic ruling from Judge Analisa Torres. The July 2023 ruling set a precedent that is poised to unleash the coin this year and in the coming ones.
Bitcoin ETF ads may appear on Google starting Monday, community speculates
The crypto community is pondering the potential impact on spot Bitcoin ETFs, given Google’s handling of 100,000 searches per second. On Monday, Jan. 29, Google is set to update its policies to allow certain cryptocurrency products to be advertised on major search engines. Bitcoin exchange-traded funds (ETFs) appear likely to meet the criteria, sparking speculation within the crypto industry. In December 2023, Cointelegraph reported that Google’s crypto and related ads policy will be revised on Jan. 29 to allow ads from “advertisers offering Cryptocurrency Coin Trust targeting the United States.” With the recent approval of 11 spot Bitcoin ETFs by the United States Securities and Exchange Commission (SEC) on Jan. 10, investors purchasing shares in a spot Bitcoin ETF acquire a stake in the fund’s Bitcoin holdings. This aligns with Google’s updated requirements: Crypto analysts are optimistic about the potential inflows to Bitcoin ETFs, citing Google’s high transaction processing capacity in searches. According to recent data from DemandSage, Google processes 8.55 billion searches daily. However, Google vaguely refers to the allowed products as “cryptocurrency coin trusts.”
Meanwhile, one of the largest Bitcoin trusts, the Grayscale Bitcoin Trust (GBTC), recently converted to a spot Bitcoin ETF as part of the several approved by the SEC on Jan. 10.
Previously, buying GBTC shares on the primary market was only available to accredited investors and subject to a six-month holding period.
Accredited investors must have a net worth of over $1 million or more than $200,000 in earned income over the previous two years. These rules are in place to protect potential investors with limited knowledge from risky investments that may result in them losing their funds.
XRP Giant Cup Structure May Take XRP From $1.2 to $27
DATE:
JANUARY 27, 2024
WRITTEN BY:
SAM WISDOM RAPHAEL
Prominent market analyst EGRAG remains confident of XRP future price trajectory, maintaining that the giant cup structure could take the asset from a $1.2 price to $27.
EGRAG first unveiled The Giant Cup Structure
The analyst’s chart revealed that since XRP dropped from the all-time high of $3.3 in January 2018, its price movements have taken the shape of a giant cup. This giant cup structure formed as the crypto asset witnessed a steep decline from the $3.3 to a low of $0.11 in March 2020. in a report last November. At the time, XRP traded between the $0.65 and $0.73 price range amid an uptrend that began late into the previous month.
Following the $0.11 low, XRP registered a comeback that has seen it record an upward price trajectory, forming the rest of the cup structure. Nonetheless, data from the chart suggests that the cover of the cup is a firm resistance line which the analyst calls the Stratosphere.
According to EGRAG, the Stratosphere, a descending trendline, has served as a stern resistance point for XRP since the collapse from the $3.3 high in 2018, mounting a formidable roadblock for nearly six years.
In his earlier analysis, the analyst called attention to Fibonacci 0.702, which rests at the $1.2 price point on the 2-week timeframe. He confirmed that this $1.2 price threshold overlaps with the current position of the Stratosphere.
He calls this point the “Valhalla Gateway” due to its significance in XRP’s trajectory. According to the analyst, if XRP can breach Fib. 0.702 at $1.2, this would result in a breakout above the Stratosphere. Such a breakout would lead to “Valhalla,” a level of massive price gains.
Introducing AltLayer (ALT) on Binance Launchpool! Farm ALT by Staking BNB and FDUSD
Fellow Binancians, Binance is excited to announce the 45th project on Binance Launchpool - AltLayer (ALT), a platform to launch native and restaked Rollups with both Optimistic and ZK Rollup Stacks. The webpage is estimated to be available in 24 hours, before the Launchpool starts. Users will be able to stake their BNB and FDUSD into separate pools to farm ALT tokens over six days, with farming starting from 2024-01-19 00:00 (UTC). Listing Binance will then list ALT at 2024-01-25 10:00 (UTC) and open trading with ALT/BTC, ALT/USDT, ALT/BNB, ALT/FDUSD and ALT/TRY trading pairs. The Seed Tag will be applied to ALT. ALT Launchpool Details: Token Name: AltLayer (ALT)Max Token Supply: 10,000,000,000 ALT Launchpool Token Rewards: 500,000,000 ALT (5% of max token supply)Initial Circulating Supply: 1,100,000,000 ALT (11% of max token supply)Smart Contract Details: BNB Chain, EthereumStaking Terms: KYC required Hourly Hard Cap per User: 277,777.77 ALT in BNB pool69,444.44 ALT in FDUSD pool Supported Pools: Stake BNB (webpage will be available in around 24 hours): 400,000,000 ALT in rewards (80%) Stake FDUSD (webpage will be available in around 24 hours): 100,000,000 ALT in rewards (20%)Farming Period: 2024-01-19 00:00 (UTC) to 2024-01-24 23:59 (UTC). ALT Farming Distribution Dates (00:00:00 - 23:59:59 UTC each day)Total Daily Rewards (ALT)BNB Pool Daily Rewards (ALT)FDUSD Pool Daily Rewards (ALT)2024-01-19 - 2024-01-2483,333,333.3366,666,666.6616,666,666.66 Read about AltLayer (ALT) in our research report here, which will be available within 30 minutes of publishing this announcement. Project Links Website: https://altlayer.io/ Whitepaper: https://docs.altlayer.io/ X: https://twitter.com/alt_layerDiscord: https://discord.com/invite/altlayer Telegram: https://t.me/altlayerMedium: https://blog.altlayer.io/ Please note: Snapshots of user balances and total pool balances will be taken multiple times at any point of time each hour to get users’ hourly average balances and calculate user rewards. User rewards will be updated each hour. Users will be able to accumulate their rewards (calculated each hour) and claim these rewards directly to their spot accounts at any time.Each pool’s annual percentage yield (APY) and total pool balance will be updated in real time.Tokens can only be staked in one pool at a time. For example, User A cannot stake the same BNB into two different pools at the same time, but can allocate 50% of their BNB into pool A and 50% into pool B.Users will be able to unstake their funds at any time with no delay and participate in any other available pools immediately.Tokens staked in each pool and any unclaimed rewards will be automatically transferred to each user’s spot accounts at the end of each farming period.Binance BNB Vault and Locked Products will support the Launchpool. Users who have staked their BNB in BNB Vault and Locked Products will automatically participate in the Launchpool, and receive new token rewards.If there are more than one Launchpool projects running concurrently, users' BNB assets in BNB Vault and Locked Products will be split and allocated into each project equally unless otherwise specified.BNB Vault assets collateralizing against Binance Loans (Flexible Rate) are not entitled to Launchpool rewards.BNB staked into Launchpool will still provide users with the standard benefits for holding BNB, such as airdrops, Launchpad eligibility and VIP benefits. Participation in Launchpool is subject to eligibility based on the user's country or region of residence. Please refer to the instructions on the Launchpool page. Please note that the list of excluded countries provided below is not exhaustive and may be subject to changes due to evolving local rules, regulations, or other considerations.Users need to complete their account verification and also be from an eligible jurisdiction to participate in farming ALT. Currently, users residing in the following countries or regions will not be able to participate in farming ALT: Canada, Cuba, Crimea Region, Iran, Japan, New Zealand, Netherlands, North Korea, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands) and any non-government controlled areas of Ukraine This list may be updated periodically to accommodate changes in legal, regulatory, or other factors. Note: There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise. Thank you for your support! Binance Team 2024-01-17
#XRPBullRun Who else believes that we will no longer see XRP @ 0.060$XRP today? If it breaks the .70 mark... then see you in the other side friends!!!! lezgoooi!