LIVE
teddyin
@XRP589
Following
Followers
Liked
Shared
See original
What kind of people will survive in the cryptocurrency world !?
In the end, only two types of people remain in the cryptocurrency space: skilled short-term traders and unwavering HODLers (long-term holders).
Why invest in cryptocurrency?
Besides making money, I invest in cryptocurrency also because I am curious about blockchain technology.
This technology may change our lives in the future. It seems speculative now, but it might become our everyday life in the future.
Investing in cryptocurrency has completely changed my investment perspective.
The market is changing rapidly; traditional investments take years to yield results, while cryptocurrencies can undergo dramatic changes within months, forcing me to rethink my investment strategy.
In the cryptocurrency space, long-term investment is especially important. Here, volatility is severe, and only short-term traders and those who persist in holding long-term can laugh to the end.
Short-term vs Long-term
The volatility of cryptocurrencies makes traditional investment strategies useless. Fundamental analysis and technical analysis no longer work here.
As a true HODLer (long-term holder), I am no longer disturbed by short-term fluctuations. Regardless of the price, I will buy more to cope with the volatility.
I initially entered the market with a speculative mindset. I spent a lot of time learning those complicated and unstable trades, and significant losses made me realize the limitations of operating with traditional financial methods.
After experiencing losses, I switched to a dollar-cost averaging strategy. Converting to crypto assets became simple and safe. This strategy helps diversify risk and reduces the pressure of market volatility.
From my losses, I learned not to believe that I can pick the winner. I chose a strategy similar to ETFs, investing in the top 8 cryptocurrencies by market cap, adjusting according to market changes, reducing risk, and keeping up with the overall market trend.
I hope both you and I can gain something in the world of cryptocurrency !!
In the end, only two types of people remain in the cryptocurrency space: skilled short-term traders and unwavering HODLers (long-term holders).
Why invest in cryptocurrency?
Besides making money, I invest in cryptocurrency also because I am curious about blockchain technology.
This technology may change our lives in the future. It seems speculative now, but it might become our everyday life in the future.
Investing in cryptocurrency has completely changed my investment perspective.
The market is changing rapidly; traditional investments take years to yield results, while cryptocurrencies can undergo dramatic changes within months, forcing me to rethink my investment strategy.
In the cryptocurrency space, long-term investment is especially important. Here, volatility is severe, and only short-term traders and those who persist in holding long-term can laugh to the end.
Short-term vs Long-term
The volatility of cryptocurrencies makes traditional investment strategies useless. Fundamental analysis and technical analysis no longer work here.
As a true HODLer (long-term holder), I am no longer disturbed by short-term fluctuations. Regardless of the price, I will buy more to cope with the volatility.
I initially entered the market with a speculative mindset. I spent a lot of time learning those complicated and unstable trades, and significant losses made me realize the limitations of operating with traditional financial methods.
After experiencing losses, I switched to a dollar-cost averaging strategy. Converting to crypto assets became simple and safe. This strategy helps diversify risk and reduces the pressure of market volatility.
From my losses, I learned not to believe that I can pick the winner. I chose a strategy similar to ETFs, investing in the top 8 cryptocurrencies by market cap, adjusting according to market changes, reducing risk, and keeping up with the overall market trend.
I hope both you and I can gain something in the world of cryptocurrency !!
See original
Why did the Federal Reserve cut interest rates by 25 basis points and still fall!?
Everyone knows a rate cut is coming. What really makes people nervous is what Powell will say afterwards, 'We may slow down the pace of rate cuts.'
The market reacts very sensitively; any slight movement can make everyone uneasy.
Even if this rate cut is good news, if there are no further cuts or the number of cuts decreases, people may start to worry, especially about whether companies can withstand the high interest rates.
Bitcoin prices may drop because everyone will hedge in advance.
I don't think this is a negative view of the market, but rather, based on past experience, before each major data release, the market tends to have a slight pullback; this is actually an investor's hedging sentiment.
The main trend hasn't changed, so I don't recommend rushing to short positions, but do pay more attention to hedging.
In short, the market is playing a large game that we can't clearly see, so we should remain flexible. Let's see how things develop in the future together!
$BTC
Everyone knows a rate cut is coming. What really makes people nervous is what Powell will say afterwards, 'We may slow down the pace of rate cuts.'
The market reacts very sensitively; any slight movement can make everyone uneasy.
Even if this rate cut is good news, if there are no further cuts or the number of cuts decreases, people may start to worry, especially about whether companies can withstand the high interest rates.
Bitcoin prices may drop because everyone will hedge in advance.
I don't think this is a negative view of the market, but rather, based on past experience, before each major data release, the market tends to have a slight pullback; this is actually an investor's hedging sentiment.
The main trend hasn't changed, so I don't recommend rushing to short positions, but do pay more attention to hedging.
In short, the market is playing a large game that we can't clearly see, so we should remain flexible. Let's see how things develop in the future together!
$BTC
See original
Federal Reserve cuts interest rates by 25 basis points
December 19｜The Federal Reserve lowered the benchmark interest rate by 25 basis points to a range of 4.25%-4.50%, marking the third consecutive rate cut as expected. In this year's eight decisions, the Federal Reserve has cumulatively cut rates by 100 basis points, including one cut of 50 basis points, two cuts of 25 basis points, and five times maintaining the interest rate unchanged.
December 19｜The Federal Reserve lowered the benchmark interest rate by 25 basis points to a range of 4.25%-4.50%, marking the third consecutive rate cut as expected. In this year's eight decisions, the Federal Reserve has cumulatively cut rates by 100 basis points, including one cut of 50 basis points, two cuts of 25 basis points, and five times maintaining the interest rate unchanged.
Today's PNL
2024-12-18
-$584.92
-7.66%
See original
Is XRP Overvalued!?
Well, let's put it this way, Ripple has recently fought a tough battle and has successfully won some victories, with the judge declaring that XRP is not a security.
This is like getting a get-out-of-jail-free card for XRP, finally freeing it from heavy legal risks, and investors can finally breathe a sigh of relief.
At the same time, many prominent financial institutions are increasingly interested in the application of XRP in cross-border payments. In simple terms, they find this coin very appealing, which could significantly increase the demand for XRP.
On the technical side, Ripple is constantly innovating, launching the RLUSD stablecoin, and expanding the applications of the XRPL chain. This is somewhat like giving XRP a shot of adrenaline, enhancing both liquidity and adoption rates.
Moreover, the cross-chain deployment of RLUSD, such as on the BNB chain and Polygon, makes it easier for the market to accept, which is naturally good news for XRP's price.
Additionally, Ripple is actively exploring markets in Southeast Asia and Latin America, which will have a positive impact on the demand and price of XRP in these regions.
Finally, the launch of RLUSD, especially in emerging economies, will also increase the demand for XRP, further stabilizing and boosting XRP's price.
In summary, Ripple is now blooming on multiple fronts, and the outlook is bright. It seems that XRP has finally come into its own. 🎉
#Ripple $XRP
Well, let's put it this way, Ripple has recently fought a tough battle and has successfully won some victories, with the judge declaring that XRP is not a security.
This is like getting a get-out-of-jail-free card for XRP, finally freeing it from heavy legal risks, and investors can finally breathe a sigh of relief.
At the same time, many prominent financial institutions are increasingly interested in the application of XRP in cross-border payments. In simple terms, they find this coin very appealing, which could significantly increase the demand for XRP.
On the technical side, Ripple is constantly innovating, launching the RLUSD stablecoin, and expanding the applications of the XRPL chain. This is somewhat like giving XRP a shot of adrenaline, enhancing both liquidity and adoption rates.
Moreover, the cross-chain deployment of RLUSD, such as on the BNB chain and Polygon, makes it easier for the market to accept, which is naturally good news for XRP's price.
Additionally, Ripple is actively exploring markets in Southeast Asia and Latin America, which will have a positive impact on the demand and price of XRP in these regions.
Finally, the launch of RLUSD, especially in emerging economies, will also increase the demand for XRP, further stabilizing and boosting XRP's price.
In summary, Ripple is now blooming on multiple fronts, and the outlook is bright. It seems that XRP has finally come into its own. 🎉
#Ripple $XRP
See original
The market has experienced another wave of crashes during the bull market!
Many interpret this as the market leaders "washing out" or "driving people away,"
just like clearing out those emotionally unstable small investors,
reducing selling pressure in the market,
so the leaders can subsequently raise prices.
But this is just one interpretation and does not represent all situations.
In reality,
after prices soar, the market needs to cool down a bit,
undergo a technical adjustment,
allowing the gains to digest; this is a healthy process.
When investors choose to sell for profit at high prices,
such short-term price drops resemble the effect of "taking the money and leaving."
Sometimes, macroeconomic data, policy changes, or international events can also impact the market, leading to fluctuations.
Therefore, crashes during a bull market are not necessarily the result of "driving people away" but rather the result of various market forces working together.
Stay calm and make decisions based on your investment strategy and risk tolerance, rather than being thrown off by short-term market fluctuations.
The market is always changing; mindset and strategy are the keys to coping!💪😎
Many interpret this as the market leaders "washing out" or "driving people away,"
just like clearing out those emotionally unstable small investors,
reducing selling pressure in the market,
so the leaders can subsequently raise prices.
But this is just one interpretation and does not represent all situations.
In reality,
after prices soar, the market needs to cool down a bit,
undergo a technical adjustment,
allowing the gains to digest; this is a healthy process.
When investors choose to sell for profit at high prices,
such short-term price drops resemble the effect of "taking the money and leaving."
Sometimes, macroeconomic data, policy changes, or international events can also impact the market, leading to fluctuations.
Therefore, crashes during a bull market are not necessarily the result of "driving people away" but rather the result of various market forces working together.
Stay calm and make decisions based on your investment strategy and risk tolerance, rather than being thrown off by short-term market fluctuations.
The market is always changing; mindset and strategy are the keys to coping!💪😎
See original
#市场全线看牛？ Bitcoin leads the way and altcoins swarm in, but this time I think XRP has the potential to lead.
XRP has many highlights and positive factors.
Fast and low-cost transactions, with practical applications in both the virtual and real worlds.
XRP is backed by Ripple, which is bringing transformation to the global payment system; the stablecoin $RLUSD was launched yesterday! As a digital asset, I also want to trade it soon.
The XRP ecosystem is growing every day, attracting partnerships including:
MoneyGram: This international remittance company collaborates with Ripple Labs to use XRP for cross-border payments.
Santander: This Spanish bank is also part of the XRP ecosystem, utilizing Ripple's technology to speed up international transfers.
Standard Chartered: This British bank is also in the XRP ecosystem, adopting Ripple's solutions to enhance payment efficiency.
While I also hold Bitcoin, do not overlook the potential of XRP. It is a sleeping giant, ready to explode at any moment! 🚀💪
$XRP
XRP has many highlights and positive factors.
Fast and low-cost transactions, with practical applications in both the virtual and real worlds.
XRP is backed by Ripple, which is bringing transformation to the global payment system; the stablecoin $RLUSD was launched yesterday! As a digital asset, I also want to trade it soon.
The XRP ecosystem is growing every day, attracting partnerships including:
MoneyGram: This international remittance company collaborates with Ripple Labs to use XRP for cross-border payments.
Santander: This Spanish bank is also part of the XRP ecosystem, utilizing Ripple's technology to speed up international transfers.
Standard Chartered: This British bank is also in the XRP ecosystem, adopting Ripple's solutions to enhance payment efficiency.
While I also hold Bitcoin, do not overlook the potential of XRP. It is a sleeping giant, ready to explode at any moment! 🚀💪
$XRP
See original
When the price of $XRP dropped back to $2.55, it felt like a roller coaster suddenly accelerated downward!
Why?
When someone sees $2.7, they decide to sell and lock in profits, just like someone who is halfway through eating in a restaurant and suddenly feels it's almost time to leave.
The cryptocurrency market itself is full of uncertainty, like a seesaw that keeps shaking. Yesterday it was still rising desperately, and there was no time to add to the anxiety. Today it will return to the original position. Is there a chance to come back again?
How much can you know?
Including changes in regulations will make you more confident in XRP. After knowing the rules of the game, everyone will be more willing to participate in the game.
Looking at the technical charts, if XRP can successfully break above the $3 mark, the next target could be $5. This is not what I am saying based on predictions based on data and charts.
Currency markets are still in the early stages of a bull run, and an upward trend will also help XRP.
XRP is already the third oldest, attracting large amounts of hoarding from major platforms, and is rising~~ It’s like a big adventure that is expected to surprise you. It rises for a while and then drops unexpectedly, catching people off guard! ! If I want to stay calm, I'd better go watch TV~ Go out for a walk and don't keep staring at the market! ! 🎢💹
$XRP
Why?
When someone sees $2.7, they decide to sell and lock in profits, just like someone who is halfway through eating in a restaurant and suddenly feels it's almost time to leave.
The cryptocurrency market itself is full of uncertainty, like a seesaw that keeps shaking. Yesterday it was still rising desperately, and there was no time to add to the anxiety. Today it will return to the original position. Is there a chance to come back again?
How much can you know?
Including changes in regulations will make you more confident in XRP. After knowing the rules of the game, everyone will be more willing to participate in the game.
Looking at the technical charts, if XRP can successfully break above the $3 mark, the next target could be $5. This is not what I am saying based on predictions based on data and charts.
Currency markets are still in the early stages of a bull run, and an upward trend will also help XRP.
XRP is already the third oldest, attracting large amounts of hoarding from major platforms, and is rising~~ It’s like a big adventure that is expected to surprise you. It rises for a while and then drops unexpectedly, catching people off guard! ! If I want to stay calm, I'd better go watch TV~ Go out for a walk and don't keep staring at the market! ! 🎢💹
$XRP
See original
What does the Fed think about cryptocurrencies!?
In today’s financial news, the Chairman of the Federal Reserve once again stood on the stage and emphasized the risks that cryptocurrency may bring to financial stability. The current cryptocurrency market is like an untamed wild horse that may run away at any time. Therefore, he called on regulators to strengthen supervision of cryptocurrencies to prevent risks from getting out of control.
#Feddoes not stop at risk warnings. In this global financial revolution, the Federal Reserve is obviously unwilling to fall behind. They are examining whether new regulatory measures are needed to ensure economic stability.
$$$$All this reveals a signal: Even if we are still exploring how to coexist with these digital assets, a more complete regulatory framework may be ushered in in the future.
Behind this hot regulatory issue, the Federal Reserve recently released a heavyweight report. The report provides a detailed analysis of the trends and potential risks in the cryptocurrency market, serving as a "cryptocurrency guide" to help market participants avoid minefields. Whether you are a novice investor or a market veteran, this report can provide an important reference.
The chairman of the Federal Reserve also expressed his views on cryptocurrencies in a recent speech. He admitted that there is no denying the profound impact it may have on the financial system in the future. It’s like we’re facing a potential technological revolution, and although we haven’t fully seen its face yet, we shouldn’t take it lightly.
The Federal Reserve’s stance on cryptocurrencies is cautious. This game with digital assets has just begun, and the future is worth looking forward to.
$XRP $ETH $BTC
In today’s financial news, the Chairman of the Federal Reserve once again stood on the stage and emphasized the risks that cryptocurrency may bring to financial stability. The current cryptocurrency market is like an untamed wild horse that may run away at any time. Therefore, he called on regulators to strengthen supervision of cryptocurrencies to prevent risks from getting out of control.
#Feddoes not stop at risk warnings. In this global financial revolution, the Federal Reserve is obviously unwilling to fall behind. They are examining whether new regulatory measures are needed to ensure economic stability.
$$$$All this reveals a signal: Even if we are still exploring how to coexist with these digital assets, a more complete regulatory framework may be ushered in in the future.
Behind this hot regulatory issue, the Federal Reserve recently released a heavyweight report. The report provides a detailed analysis of the trends and potential risks in the cryptocurrency market, serving as a "cryptocurrency guide" to help market participants avoid minefields. Whether you are a novice investor or a market veteran, this report can provide an important reference.
The chairman of the Federal Reserve also expressed his views on cryptocurrencies in a recent speech. He admitted that there is no denying the profound impact it may have on the financial system in the future. It’s like we’re facing a potential technological revolution, and although we haven’t fully seen its face yet, we shouldn’t take it lightly.
The Federal Reserve’s stance on cryptocurrencies is cautious. This game with digital assets has just begun, and the future is worth looking forward to.
$XRP $ETH $BTC
See original
📈Not sure how to use some features?
What is Binance Smart Portfolio?
The Smart Portfolio is an automated investment management tool that automatically adjusts your portfolio according to the cryptocurrency ratios you set, ensuring that your asset allocation always aligns with your goals.
Advantages:
💡
Eliminate human emotional interference: The Smart Portfolio executes according to preset rules, unaffected by fear or greed, precisely executing the "sell high, buy low" strategy.
⏰
24-hour automatic market monitoring: The system automatically monitors market changes and adjusts the portfolio when necessary, reducing psychological burden.
⏳
Reduce investment management time costs: For investors who do not have much time to manage their portfolios, the Smart Portfolio is an excellent solution.
Risks:
📉
Market risk: The cryptocurrency market is highly volatile, and even with the Smart Portfolio, it is impossible to completely avoid losses caused by market declines.
💸
Transaction fee costs: Each rebalancing incurs trading fees, and frequent rebalancing may erode investment returns.
⚠️
Exchange risk: The Smart Portfolio relies on Binance's operations; if there are issues with the exchange, your investments will also be affected.
How to use:
📱
Enter the Smart Portfolio page: Log in to the Binance App, click on "Trade," and then select "Smart Portfolio" under "Trading Bots."
🛠️
Create a new portfolio: Choose a mode and create a new portfolio.
💰
Set rebalancing conditions and amounts: Set the conditions and amounts for rebalancing according to your needs.
✅
Complete advanced settings and place an order: After confirming all settings, complete the order.
What is Binance Smart Portfolio?
The Smart Portfolio is an automated investment management tool that automatically adjusts your portfolio according to the cryptocurrency ratios you set, ensuring that your asset allocation always aligns with your goals.
Advantages:
💡
Eliminate human emotional interference: The Smart Portfolio executes according to preset rules, unaffected by fear or greed, precisely executing the "sell high, buy low" strategy.
⏰
24-hour automatic market monitoring: The system automatically monitors market changes and adjusts the portfolio when necessary, reducing psychological burden.
⏳
Reduce investment management time costs: For investors who do not have much time to manage their portfolios, the Smart Portfolio is an excellent solution.
Risks:
📉
Market risk: The cryptocurrency market is highly volatile, and even with the Smart Portfolio, it is impossible to completely avoid losses caused by market declines.
💸
Transaction fee costs: Each rebalancing incurs trading fees, and frequent rebalancing may erode investment returns.
⚠️
Exchange risk: The Smart Portfolio relies on Binance's operations; if there are issues with the exchange, your investments will also be affected.
How to use:
📱
Enter the Smart Portfolio page: Log in to the Binance App, click on "Trade," and then select "Smart Portfolio" under "Trading Bots."
🛠️
Create a new portfolio: Choose a mode and create a new portfolio.
💰
Set rebalancing conditions and amounts: Set the conditions and amounts for rebalancing according to your needs.
✅
Complete advanced settings and place an order: After confirming all settings, complete the order.
See original
Why? Pins inserted every time#XRPrises
Why does#XRPkeep getting pinned every time it goes up? This phenomenon confuses and upsets many people. Here are some of the main reasons to hopefully help you understand the situation better. 📉💡
Big Crocodile Operation: The Influence of Market Giants
There are some large holders in the XRP market, commonly known as "crocodiles" or "whales"🐋. When the price rises to a certain level, these predators may sell large amounts of their XRP to make a profit. Such an operation will cause a lot of selling pressure in the market, and the price will drop sharply, causing the pin phenomenon!!
Leverage effect: an amplifier of market volatility
In the cryptocurrency market, many investors use leverage to trade, which undoubtedly amplifies price volatility. When prices rise, leveraged trades accelerate the process, but when prices start to fall, these leveraged trades accelerate the decline, causing wild price swings. This high-risk, high-reward trading approach makes #XRP’s price movements even more dramatic. 📊⚖️
Market Sentiment: The Game of Investor Psychology
The sensitive nature of the cryptocurrency market makes market sentiment extremely important. When prices rise, investors flock to the stock, creating greater buying pressure. However, once prices start to fall back, investors rush to withdraw their money out of panic, further exacerbating price volatility. This emotional roller coaster has made XRP’s price swings even more dramatic. 🎢💥
Information and News: The Power of Market Information
The XRP market is affected by numerous news and information, such as legal proceedings, regulatory policy changes, etc. These factors often trigger investor sentiment swings, causing prices to rise and then fall quickly. For example, news about the SEC lawsuit has repeatedly affected the price trend of XRP. 📢📰
The crazy phenomenon of pin insertion after the XRP price rises is the result of a combination of factors.
These make XRP's price movements more violent and unpredictable.
Why does#XRPkeep getting pinned every time it goes up? This phenomenon confuses and upsets many people. Here are some of the main reasons to hopefully help you understand the situation better. 📉💡
Big Crocodile Operation: The Influence of Market Giants
There are some large holders in the XRP market, commonly known as "crocodiles" or "whales"🐋. When the price rises to a certain level, these predators may sell large amounts of their XRP to make a profit. Such an operation will cause a lot of selling pressure in the market, and the price will drop sharply, causing the pin phenomenon!!
Leverage effect: an amplifier of market volatility
In the cryptocurrency market, many investors use leverage to trade, which undoubtedly amplifies price volatility. When prices rise, leveraged trades accelerate the process, but when prices start to fall, these leveraged trades accelerate the decline, causing wild price swings. This high-risk, high-reward trading approach makes #XRP’s price movements even more dramatic. 📊⚖️
Market Sentiment: The Game of Investor Psychology
The sensitive nature of the cryptocurrency market makes market sentiment extremely important. When prices rise, investors flock to the stock, creating greater buying pressure. However, once prices start to fall back, investors rush to withdraw their money out of panic, further exacerbating price volatility. This emotional roller coaster has made XRP’s price swings even more dramatic. 🎢💥
Information and News: The Power of Market Information
The XRP market is affected by numerous news and information, such as legal proceedings, regulatory policy changes, etc. These factors often trigger investor sentiment swings, causing prices to rise and then fall quickly. For example, news about the SEC lawsuit has repeatedly affected the price trend of XRP. 📢📰
The crazy phenomenon of pin insertion after the XRP price rises is the result of a combination of factors.
These make XRP's price movements more violent and unpredictable.
See original
#XRP: The light of hope rising step by step 🌟
#XRPhas recently been slowly recovering from its previous highs, looking forward to its next target - $3. 📈💪
$3: Brings hope for the next moment
#XRP’s road to recovery will not be easy, but every step is filled with hope and firm belief. $3 is a challenging goal, and I believe that as the market recovers,#XRPwill be able to achieve this goal. 🌈🚀
Patience is the secret to success
There will be some recovery along the way in the $3 process, and those who are confident and stick to it for the long term will be rewarded. You can have the last laugh. ⏳💰
Bless all coin chasing supermen
Here, I wish all the coin-chasing supermen good luck! No matter how the market changes, if you stick to your faith, you will eventually have a good harvest. Let us witness the future of#XRP$3 together and look forward to that day! 🌟🤝
#XRPhas recently been slowly recovering from its previous highs, looking forward to its next target - $3. 📈💪
$3: Brings hope for the next moment
#XRP’s road to recovery will not be easy, but every step is filled with hope and firm belief. $3 is a challenging goal, and I believe that as the market recovers,#XRPwill be able to achieve this goal. 🌈🚀
Patience is the secret to success
There will be some recovery along the way in the $3 process, and those who are confident and stick to it for the long term will be rewarded. You can have the last laugh. ⏳💰
Bless all coin chasing supermen
Here, I wish all the coin-chasing supermen good luck! No matter how the market changes, if you stick to your faith, you will eventually have a good harvest. Let us witness the future of#XRP$3 together and look forward to that day! 🌟🤝
See original
As we enter 2025, according to Bloomberg News, senior analysts Eric Balchunas and James Seyffart predict that we may witness a wave of "cryptocurrency ETF listings!" 🚀🔥
New Trends in the ETF Market
These two analysts state that with the expected changes in leadership at the U.S. Securities and Exchange Commission (SEC), new cryptocurrency ETFs will gradually emerge, covering major cryptocurrencies such as Bitcoin (#Bitcoin), Ethereum (#Ethereum), XRP (#XRP), Solana (#SOL), and Litecoin (#LTC). This will undoubtedly meet investors' expectations for diversified portfolios. 📈🎉
Pioneers: Bitcoin and Ethereum
First, a combined ETF of Bitcoin and Ethereum is expected to be launched first, with these products being issued by companies like Hashdex, Franklin Templeton, and Bitwise. Due to these products being more aligned with the current regulatory framework, the likelihood of approval is higher. 💡✅
Challenges and Opportunities
However, challenges still exist for #Solana and #XRP ETFs. Both of these cryptocurrencies are currently undergoing legal lawsuits regarding whether they are considered securities, which may affect the progress of their ETF proposals. Analysts point out that these issues may need to wait until the new SEC leadership is in place for further resolution. 🔍⚖️
Possible Approvals: Litecoin and HBAR
On the other hand, #Litecoin and #HBAR ETFs are more likely to obtain approval in the short term. The reason is that Litecoin is viewed as a commodity, and HBAR avoids being classified as a security, making their regulatory environment relatively straightforward. 🌐✨
Uncertainty
These predictions bring some optimistic outlooks, but at the same time, analysts remind that legal uncertainties and regulatory processes may cause delays for certain products. 📅🤔
The development of cryptocurrencies in the ETF space brings more opportunities and challenges. Let's wait and see, looking forward to it! 🚀🌟
New Trends in the ETF Market
These two analysts state that with the expected changes in leadership at the U.S. Securities and Exchange Commission (SEC), new cryptocurrency ETFs will gradually emerge, covering major cryptocurrencies such as Bitcoin (#Bitcoin), Ethereum (#Ethereum), XRP (#XRP), Solana (#SOL), and Litecoin (#LTC). This will undoubtedly meet investors' expectations for diversified portfolios. 📈🎉
Pioneers: Bitcoin and Ethereum
First, a combined ETF of Bitcoin and Ethereum is expected to be launched first, with these products being issued by companies like Hashdex, Franklin Templeton, and Bitwise. Due to these products being more aligned with the current regulatory framework, the likelihood of approval is higher. 💡✅
Challenges and Opportunities
However, challenges still exist for #Solana and #XRP ETFs. Both of these cryptocurrencies are currently undergoing legal lawsuits regarding whether they are considered securities, which may affect the progress of their ETF proposals. Analysts point out that these issues may need to wait until the new SEC leadership is in place for further resolution. 🔍⚖️
Possible Approvals: Litecoin and HBAR
On the other hand, #Litecoin and #HBAR ETFs are more likely to obtain approval in the short term. The reason is that Litecoin is viewed as a commodity, and HBAR avoids being classified as a security, making their regulatory environment relatively straightforward. 🌐✨
Uncertainty
These predictions bring some optimistic outlooks, but at the same time, analysts remind that legal uncertainties and regulatory processes may cause delays for certain products. 📅🤔
The development of cryptocurrencies in the ETF space brings more opportunities and challenges. Let's wait and see, looking forward to it! 🚀🌟
See original
Breaking News: The central bank confirms repurchase of #XRP.
GAM Global Special Situations Fund calls for specific actions by SBI Holdings:
Daily updates on the indirect value of #XRP holdings: This allows shareholders to stay informed about changes in the company's asset value in a timely manner.
Clearly articulate its strategy regarding blockchain technology and cryptocurrencies: This transparency can enhance shareholders' confidence in the company's future development.
Provide regular transparent calculations of its net asset value (NAV): This allows shareholders to better understand the company's actual value.
Consider a #XRP repurchase plan: Similar to the strategy adopted by the US MicroStrategy, this can further leverage the company's blockchain investments and enhance shareholder value.
Through these measures, SBI can significantly narrow the gap between its market value and its net asset value (NAV), estimated at 39 trillion yen.
GAM Global Special Situations Fund calls for specific actions by SBI Holdings:
Daily updates on the indirect value of #XRP holdings: This allows shareholders to stay informed about changes in the company's asset value in a timely manner.
Clearly articulate its strategy regarding blockchain technology and cryptocurrencies: This transparency can enhance shareholders' confidence in the company's future development.
Provide regular transparent calculations of its net asset value (NAV): This allows shareholders to better understand the company's actual value.
Consider a #XRP repurchase plan: Similar to the strategy adopted by the US MicroStrategy, this can further leverage the company's blockchain investments and enhance shareholder value.
Through these measures, SBI can significantly narrow the gap between its market value and its net asset value (NAV), estimated at 39 trillion yen.
See original
This information is very useful
Why can the newly launched coin be purchased at a low price of $1 with a strong upward trend?
Whenever a new coin is launched, you will notice the percentage increase from the lowest point of the first candle to the current price. For example, the coin AVNA rose by 2450%, and many people think that those who bought it at $1 must have made a fortune, but that's not the case.
The truth is that when Binance adds a new coin, they must provide three prices before trading starts:
1. Opening price
2. Highest price of the day
3. Lowest price of the day
The lowest price of VANA is $1, the highest price of the first candle is $24.78, and the opening price is around $21. The lowest price is usually based on the ICO or issuance platform price, while the highest price is random or based on CoinMarketCap (if the coin has been traded on other exchanges). Sometimes, both the lowest and highest prices are arbitrary numbers, depending on the market value at the time of issuance.
The percentage you see is merely the difference between the ICO/issuance platform price and the current market price. It reflects the return obtained by ICO or seed investors.
As I mentioned, Binance must set these three prices before trading starts, so no one actually buys at $1 or $24.78 when trading begins. Most people actually buy at the opening price.
Don't be misled by these numbers; to put it simply, you couldn't buy it at $1 when it just launched; by the time you see it, it has already risen by about 2450%. $VANA
Whenever a new coin is launched, you will notice the percentage increase from the lowest point of the first candle to the current price. For example, the coin AVNA rose by 2450%, and many people think that those who bought it at $1 must have made a fortune, but that's not the case.
The truth is that when Binance adds a new coin, they must provide three prices before trading starts:
1. Opening price
2. Highest price of the day
3. Lowest price of the day
The lowest price of VANA is $1, the highest price of the first candle is $24.78, and the opening price is around $21. The lowest price is usually based on the ICO or issuance platform price, while the highest price is random or based on CoinMarketCap (if the coin has been traded on other exchanges). Sometimes, both the lowest and highest prices are arbitrary numbers, depending on the market value at the time of issuance.
The percentage you see is merely the difference between the ICO/issuance platform price and the current market price. It reflects the return obtained by ICO or seed investors.
As I mentioned, Binance must set these three prices before trading starts, so no one actually buys at $1 or $24.78 when trading begins. Most people actually buy at the opening price.
Don't be misled by these numbers; to put it simply, you couldn't buy it at $1 when it just launched; by the time you see it, it has already risen by about 2450%. $VANA
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Trending Topics
BinanceAlphaTop5
1.3M views
1,893 Posts
Binance Alpha Reveals First Batch of Projects: KOMA, Cheems, APX, ai16z, and AIXBT
Binance News
50 Likes
35.9k views
MarketPullback
50,354 views
301 Posts
MarketCorrectionBuyOrHODL?
2,675 views
58 Posts
