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Can XRP ride the bullish wave to 2025 highs? Post-Trump election and Gensler retirement, XRP has risen over 250% in 2024. The SEC's appeal against Ripple and the XRP ETF launch might affect XRP's 2025 performance. If the crypto market remains optimistic until 2025, XRP might reach a new high above $4.75. Ripple (XRP) continued its consolidation pattern after May 2021's severe decrease in the first 10 months of 2024. Prices were flat until November despite Judge Analisa Torres's August judgment in XRP's SEC dispute. However, crypto-friendly candidate Donald Trump's election victory and SEC Chair Gensler's departure helped XRP break its three-year consolidation. XRP rose 450% from November to December, reaching $2.90 on December 3, benefitting more than any other major crypto currency from optimistic sentiment. The surge made XRP the third-largest cryptocurrency, ahead of USDT, Solana, BNB, and Dogecoin, over $150 billion. As 2025 approaches, XRP is expected to ride its current tailwinds to new highs and ETF acceptance. This might lead to significant institutional capital inflows into the remittance token. Ripple-SEC four-year struggle nears conclusion Since 2020, when the SEC accused Ripple Labs of generating $1.3 billion from unauthorized sales of its XRP coin in 2013, the regulatory struggle has progressed. The lawsuit proceeded until 2023, when Judge Analisa Torres declared that exchange-sold XRP are not securities. This was a big triumph for the token and the crypto sector, which was under SEC inspection. The Remedies Phase's last submission deadline was in May 2024, advancing resolution. Both sides filed papers opposing document seals. The SEC wanted over $2 billion in fines for Ripple's institutional XRP sales, while Ripple claimed compliance and requested just $10 million. The court ordered Ripple to pay $125 million instead of the SEC's $2 billion in August. The crypto community expected the regulator to appeal this verdict, but Ripple celebrated briefly. #XRP #Ripple #MarketPullback #MarketCorrectionBuyOrHODL? $BTC $XRP $BNB
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$FIS has a strong resistance at $0.60, making a breakout challenging, and it may face a pullback. However, sustaining above $0.60 could pave the way for a rally above $1. Traders should monitor the price action closely around this key level, as a breakout with volume could signal strong bullish momentum. Conversely, failure to hold above $0.60 might lead to short-term weakness and a possible retracement to lower support levels.
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Michael Saylor Introduces Bitcoin Framework to Strengthen US Crypto Leadership MicroStrategy co-founder and chairman Michael Saylor revealed a complete crypto framework to integrate Bitcoin and other digital assets into the US economy. Saylor's idea, shared on social media Friday, attempts to establish the US as a leader in the 21st-century digital economy amid rising institutional interest in cryptocurrencies. Bitcoin and crypto framework strengthen US dollar Saylor underlines that a well-structured digital asset strategy may boost the dollar, reduce debt, and empower millions of enterprises. He thinks a clear and globally understood digital asset taxonomy may boost innovation and produce billions in value in the US. Saylor believes a strong structure specifying market players' rights and obligations is necessary to legitimize these assets. This system attempts to provide a trustworthy environment where issuers may produce assets with fair disclosure, exchanges protect client funds and preserve transparency, and owners can manage their assets according to local regulations. This paradigm requires all parties to behave ethically and be accountable for their activities. Reform Digital Markets and Reduce National Debt Saylor favors efficient and innovative regulation above “bureaucratic hurdles.” He suggests standardized disclosures and industry-led compliance to help exchanges gather and publish data. Limiting regulatory expenses and optimizing the issuing process might speed up asset development from months to days. Saylor predicts that a planned digital asset strategy might provide billions in value for US financial markets. Michael Saylor expects the global digital capital market will grow from $2 trillion to $280 trillion, with US investors absorbing most of this money. Saylor thinks a strategic Bitcoin reserve could yield $16 trillion to $81 trillion in wealth for the US Treasury, offsetting national debt. #BTCNextMove #MarketCorrectionBuyOrHODL? #USJoblessClaimsFall #FranklinCryptoETF $BTC $ETH $XRP
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ETH Rejected At $4,000 Resistance Again: What Next? After yesterday's crypto market crash, Ethereum (ETH) has been rejected at $4,000 three times since March 2024. The second-largest cryptocurrency by market value is down 6.7% in 24 hours to $3,400. Ethereum's Poor Price Performance: Why? ETH has gained 47% YTD, although Bitcoin (BTC), Solana (SOL), and XRP have had far bigger gains. Ethereum's price momentum is hampered by many causes. Ethereum has less brand awareness than Bitcoin, which contributes. This was seen by the weak reaction to spot ETH ETFs in August. ETH prices did not change once these ETFs were introduced. Data shows a large investor interest gap between the two assets. U.S. spot ETH ETFs have $11.98 billion in net assets. Spot BTC ETFs possess $109.66 billion—nearly ten times more. Over $60 million was pulled from spot ETH ETFs yesterday, the greatest outflow since November 19. Crypto expert Ali Martinez said that ETH social sentiment has dropped to its lowest level in a year. Historical tendencies suggest this might be a positive chance for Ethereum. The aggregated futures premium for ETH fell for the first time since November 6, indicating bearishness among traders. The market decline caused Ethereum's greatest liquidation event since December 9, with $299 million in one day. Large liquidations frequently cause price instability and cascading sell-offs. Ethereum supply issuance is questioned. According to Binance Research, ETH's high issuance rate casts doubt on its “ultrasound money” narrative, which claims it is a deflationary asset. Their study suggests ETH might fall below $2,800 before reaching a new ATH. #ETH #MarketPullback #MarketCorrectionBuyOrHODL? #BTCNextMove $ETH $XRP $SOL
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Is This Bottom? Experts Discuss Bitcoin's 17% Drop and Recovery Bitcoin (BTC) has entered its first seven-day fall in eight weeks due to hawkish Fed signals that have caused traders to sell the commodity, which has more than quadrupled in value this year. Bitcoin Returns To $97,500 After Massive ETF Outflow The market's largest cryptocurrency fell 5.3% to $92,149 on Friday after hitting a record high of $108,000 earlier in the week. Bitcoin has subsequently returned to $97,500, down 5% from Sunday. Despite US equities' excellent performance, Ethereum (ETH) and Dogecoin (DOGE) have also suffered. US Bitcoin ETFs have seen a large outflow, highlighting the attitude shift. Bloomberg data shows these funds had a remarkable $680 million outflow on Thursday, snapping a 15-day sequence of inflows. A rise following Donald Trump's November 5 presidential election victory sparked crypto market volatility. QCP Capital analysts warned that market positioning had grown “overly bullish,” making digital assets vulnerable to Federal Reserve inflation control tone. With its chair's Powell speech on Wednesday, the US Federal Reserve may pause its easing actions, focusing on conventional financial institutions' cryptocurrency adoption. Historical Patterns Suggest BTC Price Rebound In a recent statement, XTB senior market analyst Hani Abuagla said that monetary policy, institutional adoption, and political events imply that Bitcoin will remain sensitive to macroeconomic and crypto-specific triggers until 2025. According to Pepperstone Group head of research Chris Weston, short-term prudence is recommended. Weston observed that although a price crash is unlikely, Bitcoin's recent ascent has slowed, signaling a market power change. However, market researcher Lark Davis advised investors that historical trends may indicate a resurgence in the coming days. The expert cited December 2020, when Bitcoin fell 12% after a 77% rise but then rose 136% from $17,000 to $41,000 in 23 days. #BTCNextMove #MarketCorrectionBuyOrHODL? #MarketPullback $BTC $ETH $BNB
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