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According to a report by HODL15 Capital, more than 20 companies have the opportunity to join the Bitwise Bitcoin Standard Corporations ETF, with Bitcoin mining companies making up 30% of the fund. Bitwise previously announced that it had filed an application with the US Securities and Exchange Commission (SEC) to launch the Bitcoin Standard Corporations ETF. The fund aims to invest in the shares of companies that adopt the Bitcoin Standard, which requires them to hold at least 1,000 Bitcoins in their reserves. $BTC
The development of the XRP Ledger began in 2011, led by David Schwartz, Jed McCaleb, and Arthur Brito. Later, in 2012, these developers, joined by Chris Larsen, began creating NewCoin, which was later renamed OpenCoin, and eventually rebranded as Ripple Labs in 2013.
The XRP Ledger cryptocurrency ledger debuted in 2012, and shortly after, the original XRP cryptocurrency was fully developed and launched. However, in the same year, Jed McCaleb left the company to start a rival network known as Stellar (XLM).
In 2020, the XRPL Foundation was launched, an independent non-profit organization created to promote and accelerate the wider adoption of the XRP Ledger.
In 2019, Ripple Labs purchased a 10% stake in international remittance company MoneyGram for $50 million. #Crypto2025Trends $XRP
While gifts are available on this festive occasion for some, I remind you that celebrating this holiday is forbidden because of imitating the Christians, God forbid.
Avoid celebrating such holidays in support of your religion $BTC
Potential Big Upside: Analytics suggest that Dogecoin could see a huge price spike of up to 12,000%, based on similar historical patterns. * Increased Activity: Wallet activity has increased significantly, indicating increased interest in the coin. * Historical Volatility: Dogecoin has a history of significant volatility, with sharp spikes followed by corrections. * Current Price: Dogecoin is currently trading at $0.3167, with a slight decline in the past 24 hours and the past week. #ReboundRally
The cryptocurrency market is witnessing a surprising recovery after a week of volatility. Bitcoin ($BTC ) has risen significantly above the $92,000 level, supported by strong gains in Ethereum ($ETH ) and Litecoin ($LTC ). Investor sentiment has shifted from fear to greed, suggesting a possible shift in the market’s direction. Technical analysis points to an upcoming bullish breakout, with Bitcoin expected to reach $106,000 or higher. While caution is warranted, this recovery could signal the start of a new uptrend in the market #MarketRebound $BTC $ETH $LTC
I just received my reward voucher of 0.01 $BNB! 💸 Head over to the Rewards Hub NOW and check how much you’ve got waiting for you! 🔥 Let’s grow together and make this BIG! Don’t miss out—Claim yours today! Let me know in the comments how much you got ? And there is another reward with @Kaia Chain by posting and win Here is the detail of how can you get benefits from a gem like kaia 🚀 The Future of LINE Mini Dapps: Transforming Everyday Life! 🌟 1️⃣ Innovative Mini Dapp Ideas for LINE Users 🔍 AI Shopping Assistant A Mini Dapp that analyzes your LINE chats to suggest personalized deals, products, or gift ideas! 💬🎁 #RideTheKaiaWave
In the cryptocurrency market, a coin’s dominance is the ratio of its market cap to the cumulative market cap of all cryptocurrencies. It’s a great way to see how big a coin is relative to the entire cryptocurrency market — relative to its total value. It’s calculated by dividing the coin’s market cap by the total market cap of the top 125 cryptocurrencies and then multiplying by 100. The result of these calculations and how they change over time #ChristmasMarketAnalysis $BTC
What is the method of analyzing digital currencies? The analysis of digital currencies depends on your goal of buying digital currencies, whether it is for speculation or for long-term investment.
Analyzing digital currencies for the purpose of speculation If your goal is speculation, there are two methods of analysis, which are:
Technical analysis: Technical analysis in the digital currency market focuses on studying charts and price patterns to predict future price movements. Technical analysts use indicators such as moving averages, trend lines, and oscillators to analyze past data and predict price movements.
Fundamental analysis: Fundamental analysis studies economic and financial factors and news that may affect the value of digital currencies on exchanges. This includes looking at currency use cases, legal changes, number of users, and development team to determine the strength of the project and its potential for success. #ChristmasMarketAnalysis $BTC $XRP
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London, Dec. 21 (BNA): The cryptocurrency market witnessed significant fluctuations, with Bitcoin falling by nearly 0.45% following hawkish signals from the US Federal Reserve regarding monetary policy. These moves prompted investors to sell the digital asset that has seen a significant rise in value over the past year.
Bitcoin fell to $97,172.04 in New York on Saturday morning, after hitting a record high of $108,000 earlier in the week.
These declines extended to other digital currencies such as Ethereum and Dogecoin, while stocks in Asian and European markets recorded significant losses.
According to the data, Bitcoin-linked exchange-traded funds in the United States recorded a record outflow of $680 million last Thursday, ending a 15-day streak of positive inflows, in a major shift in investor sentiment towards digital currencies. #BTCOutlook $BTC
Trump’s Win Sends Crypto Prices to New Heights Donald Trump’s victory in the US presidential election has given a strong boost to the cryptocurrency market, especially Bitcoin.
Reasons for the Rise: * Trump’s Supportive Promises: Trump has pledged to adopt pro-cryptocurrency policies, such as: * Not selling government Bitcoin reserves. * Removing the anti-cryptocurrency SEC Chairman. * Establishing a Cryptocurrency Advisory Council. * Encouraging Bitcoin mining in the US. * Supporting low interest rates. * Expectations of a more lenient regulatory environment: Investors believe that Trump’s policy will lead to a more friendly regulatory environment for cryptocurrencies, which will drive demand for them. * Cryptocurrency Price Rise: Bitcoin and Ethereum have seen record highs after Trump’s victory, with even greater gains expected in the future.
Warnings: * Market Volatility: Despite the positive outlook, experts warn that the cryptocurrency market is known for its volatility, and may experience sharp declines. * Need for Caution: Investors are advised to exercise caution and invest a small portion of their investment portfolio. $BTC
#BTCNextMove From a dream to a reality, Bitcoin has transformed the lives of many. Although its creators have not returned any fortunes, it still attracts investors as a precious treasure that does not lose its value. In contrast, Ripple has emerged as a fast and cheap medium for global transactions, outperforming traditional currencies thanks to its partnerships with the largest banks. Ripple is now focused on expanding its uses in the world of payments, taking advantage of its strong infrastructure that ensures the security and speed of transactions. Despite their different goals, they share great popularity among investors, and both can be easily traded on most digital platforms. In the end, both Bitcoin and Ripple have proven their ability to challenge the traditional financial system, redefining the concept of money in our digital age $BTC $XRP
#MarketCorrectionBuyOrHODL What does a market correction mean in crypto? The term market correction refers to a temporary bounce in price during a large and rapid rise in the market. Therefore, a market correction is a sharp, short-term decline in price that comes as a reaction to overbuying or overvaluation in the market. Therefore, a bounce from a high price is considered a completely healthy phenomenon; it enables the market to absorb the rise and then launch to new heights.
Generally, when the market drops by 10% or more after a huge price rise, this drop is considered a market correction. However, 10% is not a fixed rule; the market can witness a correction of 3% and another of 20%.
Corrections often occur during periods of economic expansion, when investors become overconfident and push the asset to unrealistic prices. Then, corrections come to restore the market to its reality. $BTC $XRP $BNB
After historic approval.. Ripple XRP jumps 40% and targets $ 10 The cryptocurrency Ripple in an illustrative photo taken in Krakow, Poland on January 6, 2022 Source: (AFP) Date of publication: December 12, 2024, 07:08 AM The Ripple currency "XRP" recorded skyrocketing increases in the past few hours, and jumped in less than 48 hours by about a third of its value, following the historic final approval to launch its stablecoin "RLUSD" (RLUSD).
On December 10, Ripple announced a new achievement in the digital currency market, by obtaining final approval from the New York Department of Financial Services (NYDFS) to launch its stablecoin (RLUSD).
The market value of the "XRP" currency rose to $ 140 billion; After a year of marathon increases, the symbol managed to rise by nearly 300% since the beginning of the year.
XRP has recorded a meteoric rise since the victory of US President-elect Donald Trump, jumping from $0.5 to $2.8 on December 3, rising by about 460%. $XRP
Ripple is a real-time gross settlement system, currency exchange, and remittance network developed by Ripple Labs Inc. since 2012. It runs on an open-source distributed protocol and supports tokens representing fiat currencies, cryptocurrencies, commodities, or other units of value. Ripple aims to facilitate secure, instant, and low-cost global financial transactions of any size without rollovers. #RideTheKaiaWave
The Origin of Digital Currencies
Read more about what are digital currencies or cryptocurrencies?
After the way was paved for the creation of digital currencies, and with the technological and information development, complex encryption protocols were born based on the principles of mathematics and advanced computer engineering that make it almost theoretically impossible to break them, which digital currency programmers relied on through very complex coding systems that encrypt data transfer operations to secure their exchange units, in addition to their ability to hide the identity of those dealing in them, which makes transactions, transfers and money flows anonymous, thus achieving the principle of privacy that was the main endeavor from the beginning.
The beginning of the idea of digital currencies or cryptocurrencies
The beginning of the idea of digital currencies or cryptocurrencies In continuation of the idea of electronic transactions and almost at the same time or a little before, there was an idea that was going through the head of an American programmer named David Chaum, the gist of which revolved around financial privacy and an attempt to simulate coins or paper currencies into symbolic money that would have the same ability to deal with payments and move from hand to hand safely and privately. He created an algorithmic formula through which money could be passed between the sender and the recipient in a hidden, untraceable manner via a symbolic currency that he called Chaum at the time. Chaum then established DigiCash as a basic framework for implementing that process, which continued for years until he made several mistakes that caused DigiCash to go bankrupt in 1998, despite which he had laid a strong foundation for the idea of algorithmic formulas for symbolic cash transactions or digital currencies.
How did the idea of electronic cash transactions start?
How did the idea of electronic cash transactions start? Based on the idea of encryption, decryption, and also code analysis, the idea of creating digital currencies Cryptocurrency was born, which is the digital virtual currency that was encrypted for secure and confidential transactions, as it is created and stored electronically without the presence of a supervisory authority or a central bank controlling it, and it does not have a tangible physical entity like other regular currencies or what is called fiat currency issued by central banks such as the Saudi riyal SAR or the euro EUR or the US dollar USD.