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CaptainAltcoin
CaptainAltcoin
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Today’s thread on X by popular Ripple analyst EDO FARINA sheds new light on a decades old prediction about the future of global currencies. In a Twitter thread, Farina draws attention to the January 1988 cover of The Economist magazine, highlighting key passages that appear remarkably prescient of the role that Ripple and its native digital asset XRP may play. Farina quotes the magazine stating that “The phoenix will be favoured by companies and shoppers because it will be more convenient than today’s national currencies, which by then will seem a quaint cause of much disruption to economic life in the last twentieth century.” This new “World Currency” was dubbed the Phoenix, depicting how it will rise from the ashes of burned banknotes. According to the publication, it will be favored for its ease of use and stabilized value worldwide. As Farina notes, “We all see how damaged economies damage lives! We finally have the ‘Phoenix Standard’.” But the magazine acknowledged that governments would be hesitant to relinquish economic sovereignty. However, it predicted that catastrophic events like pandemics that severely impacted economies may ultimately force their hand. As quoted by Farina, the magazine stated “Until governments surrender some economic sovereignty, further attempts to peg currencies will flounder.” Another prescient insight was that “The flows of money have replaced trade in goods as the force that drives exchange rates.” Volatile exchange rates could really damage national economies. The solution, as the magazine presented, would be greater coordination of economic policies between countries. But any standard adopted would need to enable extremely fast and low cost transactions, a description that closely aligns with XRP’s capabilities. Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger! The key? Getting in early, especially during the IDO phase. Get in on NuggetRush now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the current ICO prices! Show more +Show less – Farina draws attention to how the magazine acknowledged that a “Phoenix zone would impose tight constraints on national governments. There would be no such thing, for instance, as a national monetary policy.” Control would shift to a new centralized banking authority, potentially descended from the IMF. National governments could still influence domestic inflation, but their powers would be curtailed. In a truly stunning prediction, the article envisioned remote work becoming commonplace, stating “Indian computer operators will be processing New Yorkers’ paychecks.” This echoed the massive work from home shift sparked by the Covid pandemic decades later. Farina makes a compelling case that very few if any other cryptocurrency matches this vision apart from XRP. As a digital asset controlled by Ripple and optimized for cross-border payments, it exhibits the characteristics the magazine laid out presciently in 1988 for a future “World Currency.” The Rothschild owned Economist may have inadvertently predicted XRP’s role over 30 years before its creation. EDO FARINA’s thread raises fascinating questions about whether decades old forecasts could be coming to fruition through Ripple’s work with XRP. You may also be interested in: ‘Ethereum Will Likely Outrun Bitcoin (BTC) This Week’, Analyst Forecasts Next Leg Up for ETH Japan’s Jasmycoin Price Soars Amid Whale Movements: Can JASMY Hit New ATH? Pay Attention To This Metric BlockDAG’s $2 Million Giveaway and 5000x ROIs Pull in Investors from ScapesMania and Solana Check NuggetRush ($NUGX) Sponsored: Invest Responsibly, Do Your Own Research. Buy NUGX Today Being in its ICO stage, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices A unique play-to-earn gaming platform in the memecoin market The platform combines artisanal and gold mining with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience Fosters a strong community by encouraging physical meetups among members NFT Integration with Prominent Characters The post Ripple Researcher Links The Economist’s 1988 Prediction of a Coming ‘World Currency’ With the Modern Capabilities of XRP appeared first on CaptainAltcoin.

about 5 hours ago
Crypto Web3 Today
Crypto Web3 Today
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Tens of Millions of XRP Out of Binance and into Unknown. In a significant development within the crypto market, a notable transfer of XRP has occurred, with tens of millions of tokens moving from Binance, one of the largest crypto exchanges, to two undisclosed wallets, totaling $20.75 million. According to reports from Whale Alert, the first transfer saw 19.9 million XRP, valued at $10.75 million, sent to the address "rfQ9E." Subsequently, another 18.54 million XRP, equivalent to $10 million, was directed to the address "rarG6." While initially categorized as unknown, further analysis via BitHomp's explorer revealed that both recipient addresses were activated transfers from Binance. The extent of their affiliation with the exchange, however, remains uncertain. Each wallet now holds substantial XRP holdings, with 24.7 million and 24.5 million tokens, engaging in active transactions across various channels. Buy the dip? This transfer activity coincided with a decline in XRP's price, experiencing a nearly 4% drop and resulting in a red candle on its price chart. The reversal nullified gains made over the past week, bringing XRP's value down to $0.54 per token. Historically, exchange withdrawals are viewed as potentially bullish indicators, suggesting institutional accumulation or strategic buying during downturns. However, applying this interpretation to the current situation requires further investigation. Understanding the true nature of "rfQ9E" and "rarG6," along with analyzing their subsequent XRP transactions, is crucial to assess any potential bullish or bearish implications.

about 11 hours ago
Coinstages
Coinstages
followers

A recent forecast from CryptoBull (@CryltoBull2020), an XRP analyst, has sent ripples through the cryptocurrency community, sparking both excitement and skepticism. The bold prediction suggests a dramatic price surge for XRP, echoing patterns observed seven years ago. Under this scenario, XRP is projected to reach $2 by March, $6 by April, and a staggering $39 by May. However, reactions to this prediction are far from uniform. Some doubt this prediction outrightly, confidently stating that this surge will not happen, while some remain cautious, urging holders to exercise caution and consider profit-taking at the opportunity presents itself, as waiting for the surge to $39 could trap them in an unexpected bear market. Another user, while acknowledging the likelihood of a significant increase, believes the astronomical target might only be attainable in the longer term, setting 7 years as a potential target. Strategic Partnerships Fuel XRP Optimism Fueling the optimism are Ripple’s ongoing efforts to solidify its position in the cross-border payments arena. Ripple’s game-changing partnerships, such as the recent acquisition of Metaco and collaboration with HSBC, have increased the bullish sentiment surrounding XRP. Metaco’s strategic value lies in its ability to unlock multi-trillion-dollar markets. Its focus on tokenization, payment and liquidity integration, digital asset custody, and tokenized securities aligns perfectly with Ripple’s ambitions. Moreover, HSBC’s involvement in KYC processes ensures regulatory compliance, providing a secure foundation for Ripple’s expansion plans. After experiencing a protracted period of price stagnation, XRP holders are understandably hopeful that this might be the long-awaited turning point. Nevertheless, lingering anxieties persist regarding potential regulatory hurdles, despite XRP’s ongoing legal battle with the U.S. Securities and Exchange Commission (SEC) nearing its end. Whether these concerns materialize as roadblocks or simply pave the way for a transformative ascent for XRP remains to be seen. Is an XRP Surge Coming? While the analyst’s prediction certainly paints a captivating picture, it’s crucial to approach it with a discerning eye. Historical comparisons, while offering valuable insights, do not guarantee absolute replication. Moreover, the cryptocurrency market remains inherently volatile, susceptible to external factors that can trigger unforeseen fluctuations. Ripple’s commitment to facilitating faster, cheaper, and more secure cross-border transactions holds significant potential to revolutionize the financial landscape. By collaborating with established institutions like HSBC and leveraging innovative solutions like Metaco, Ripple is laying the groundwork for a future where XRP plays a pivotal role in global commerce. Ripple is still reportedly committed to making XRP a global reserve currency, as seen by the absence of an XRP-backed stablecoin on the XRP Ledger (XRPL). With the firm’s advancements, CryptoBull’s predictions have become more likely to come true soon. ⚠️Disclaimer This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader. #XRP🚀

about 19 hours ago
CryptoNewsLand
CryptoNewsLand
followers

The cryptocurrency market continues to offer opportunities for investors to grow their wealth exponentially, even amidst periods of volatility. With strategic investment choices and careful analysis, it’s possible to turn a modest sum into a substantial portfolio. In this article, we’ll explore how three promising cryptocurrencies—Retik Finance, Ripple, and Jupiter—have the potential to multiply your investment from $500 to $10,000 in the first quarter of 2024 while mitigating risks. Retik Finance (RETIK): Pioneering Decentralised Finance Retik Finance (RETIK) has emerged as a frontrunner in the decentralised finance (DeFi) space, captivating investors with its innovative approach and robust community engagement. The project, which debuted in December 2023, prioritises security, practicality, and community involvement, laying a solid foundation for sustainable growth. One of the key factors driving Retik Finance’s potential for growth is its community-driven success. The active engagement of the Retik community on social media platforms and forums has created significant buzz around the project, attracting more contributors and investors. This sense of community solidarity and enthusiasm has played a pivotal role in Retik Finance’s rapid ascent. The project’s presale stages have also been instrumental in its success. By providing early investors with the opportunity to acquire RETIK tokens at favourable prices, currently selling at $0.12, Retik Finance has generated substantial interest within the crypto community. The strong demand and contributions from investors have propelled the project forward, with each presale stage achieving impressive fill rates and fundraising milestones. Moreover, Retik Finance’s commitment to security has instilled confidence among investors. The successful completion of a Certik audit, renowned for its rigorous evaluation of smart contracts, has demonstrated the project’s dedication to protecting investors’ assets. This focus on security and trust further enhances Retik Finance’s potential for growth with minimal risk. Ripple (XRP): Transforming Cross-Border Payments Ripple, the company behind the XRP cryptocurrency, has been at the forefront of revolutionising cross-border payments with its innovative solutions. XRP offers fast and low-cost transfers, making it ideal for use cases such as remittances. Its unique consensus protocol, the XRP Ledger Consensus Protocol, ensures the integrity and efficiency of transactions on the network. Recent developments surrounding Ripple and XRP have fueled optimism among investors. The SEC’s dropping of claims against top Ripple executives in October signalled a positive turn of events for the company. Additionally, Ripple’s partnership with the National Bank of Georgia to pilot a central bank digital currency using the Ripple CBDC Platform demonstrates the utility and adoption potential of XRP. Furthermore, XRP’s recent recognition by regulatory authorities, such as the Dubai Financial Services Authority, and its approval for use in the Dubai International Financial Centre (DIFC), highlight the growing acceptance and legitimacy of the cryptocurrency. These positive developments, coupled with XRP’s strong fundamentals, position it for significant growth in the first quarter of 2024. Despite its recent rally and high market capitalization, XRP still offers ample room for growth, presenting an opportunity for investors to multiply their initial investment with minimal risk. The cryptocurrency’s utility in facilitating efficient cross-border money transfers and its expanding ecosystem contribute to its favourable outlook for the coming months. Jupiter (JUP): Expanding DeFi Opportunities Jupiter stands out as a promising cryptocurrency project that taps into multiple liquidity sources on the Solana blockchain to provide users with highly efficient token swaps. Beyond decentralised exchanges, Jupiter offers features such as limit orders and dollar-cost averaging, enhancing the user experience and accessibility of DeFi protocols. The introduction of perpetual contracts and the LFG Launchpad platform further diversifies Jupiter’s offerings, catering to the growing demand for decentralised trading products and investment opportunities in the cryptocurrency market. These new features expand Jupiter’s reach and appeal to a broader audience of investors seeking innovative financial solutions. While Jupiter initially launched without a native token, the introduction of the JUP governance token has empowered holders to participate in key decisions regarding the platform’s development and direction. The token’s distribution through an airdrop incentivizes community engagement and fosters a sense of ownership among users, contributing to Jupiter’s long-term sustainability and growth. Investing in Jupiter presents an opportunity for investors to capitalise on the expanding DeFi landscape while minimising risk. The project’s focus on efficiency, innovation, and community involvement positions it as a promising contender for growth in the cryptocurrency market. Conclusion: Maximising Returns with Minimal Risk Retik Finance, Ripple, and Jupiter offer compelling opportunities for investors to grow their wealth from $500 to $10,000 in the first quarter of 2024. Each cryptocurrency brings unique strengths and advantages to the table, from Retik Finance’s community-driven success to Ripple’s transformative impact on cross-border payments and Jupiter’s expansion of DeFi opportunities. By strategically diversifying investments across these promising projects and leveraging their respective growth potentials, investors can mitigate risks while maximising returns in the dynamic world of cryptocurrency. With careful consideration and prudent decision-making, investors can unlock the full potential of these cryptocurrencies and achieve significant financial gains in the months ahead. Click Here To Take Part In Retik Finance Presale Visit the links below for more information about Retik Finance (RETIK): Website: https://retik.com Whitepaper: https://retik.com/retik-whitepaper.pdf Linktree: https://linktr.ee/retikfinance The post Which Three Cryptocurrencies Can Grow Your $500 to $10,000 in the First Quarter of 2024 With Minimal Risk? appeared first on Crypto News Land.

about 19 hours ago
CryptoNewsLand
CryptoNewsLand
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Ripple moved 60 million XRP tokens between wallets, worth $34.08 million. Despite skepticism, XRP’s bullish trend remains strong, potentially reaching $0.60. Market indicators suggest a favorable outlook for XRP, with a possible entry point at $0.54. In a significant development in the cryptocurrency market, Ripple executed a transfer of 60 million XRP tokens between wallets during the early hours of February 20th. The transaction, valued at $34.08 million, caught the attention of market observers.  While the specific purpose behind the transfer remains undisclosed, it signifies Ripple’s continued activity within the XRP ecosystem. Despite the sizable transaction, some investors expressed skepticism regarding Ripple’s motives, highlighting past instances where similar movements led to a decline in XRP’s price.  However, the prevailing sentiment surrounding XRP remains largely bullish, supported by recent positive price movements. This optimism is reflected in market indicators, which suggest a potential uptrend for XRP, with projections aiming for a price target of $0.60. Analysis of various technical indicators further reinforces the positive outlook for XRP. The Bollinger Bands indicate a stable trading range between $0.53 and $0.56, offering insights into potential entry points for traders.  Additionally, the Aroon indicator signals a bullish bias, with expectations of XRP making attempts to reach higher price levels. Social dominance metrics also point towards increased market interest in XRP, potentially driving further price appreciation. Overall, while skepticism persists within certain quarters of the market, the prevailing sentiment remains optimistic regarding XRP’s future performance. As Ripple continues to engage in significant transactions and the broader cryptocurrency market shows signs of resilience, XRP investors remain hopeful for further price appreciation in the near term. Read also: $400 to $532K: Tracing Bitcoin’s Journey and S2F Forecasts 8,752,735 SHIB has Been Transferred to Dead wallet Whale Alert: 14,159 BTC ($420M) Transfer Sparks Crypto Community Speculation XRP’s Half-Billion Token Transfer: Ripple’s Strategic Move Unveiled XRP Mystery: $10M Withdrawal from Binance Ignites Market Speculation The post Ripple’s 60M XRP Transfer Sparks Speculation: What’s Behind the Move? appeared first on Crypto News Land.

1 day ago
Coinstages
Coinstages
followers

The cryptocurrency community is abuzz with anticipation as XRP shows signs that point to a potential bull run in 2024. Amidst the excitement, experts call for a balanced approach, reminding investors of the unpredictable nature of the market. Recent market activities have caught the eye of investors worldwide. Notably, long-dormant whale wallets have shown signs of activity, and there’s been a noticeable uptick in capital inflows into XRP. These developments coincide with Ripple’s legal victories in its ongoing tussle with the SEC, further bolstering investor confidence. RSI and the Echoes of Past Rallies A pseudonymous crypto analyst known on X as Dark Defender has pointed out striking similarities between the current Relative Strength Index (RSI) charts for the BTC/XRP pair and those observed during the rallies of 2017 and 2021. In both instances, XRP experienced significant price surges. The patterns emerging today suggest that XRP could be on the cusp of another substantial increase, with some speculating a rise to the $2 mark. A Balanced View from TradingView Despite the optimistic signals from the RSI, TradingView offers a more tempered perspective. Its technical analysis reveals a mix of bullish and bearish signals, reflecting the crypto market’s inherent volatility. This serves as a reminder to investors about the importance of conducting comprehensive research before committing to investment decisions. Looking beyond the charts, XRP’s fundamental value proposition as a tool for cross-border payments in Ripple’s On-Demand Liquidity network is a significant factor in its long-term potential. Ripple’s recent partnerships with major financial institutions, including Santander and Standard Chartered, underscore XRP’s growing role in streamlining global financial transactions. The SEC Lawsuit: A Turning Point? The ongoing lawsuit with the SEC looms large over XRP, yet some see a silver lining. A resolution favorable to Ripple could provide much-needed regulatory clarity, potentially paving the way for broader institutional adoption and a positive shift in investor sentiment. Forecasting the trajectory of any cryptocurrency is fraught with challenges, and XRP is no exception. While some positive signs and developments suggest a bullish future, uncertainties remain. The overall health of the crypto market, evolving regulatory frameworks, and the outcome of the SEC lawsuit will all influence XRP’s path forward. Investors are encouraged to maintain a cautiously optimistic stance. It’s crucial to understand the technical indicators, underlying fundamentals, and the context of the broader market. As the potential for a 2024 bull run looms, diligent research and sound risk management are advised. ⚠️Disclaimer This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader. #XRP🚀

1 day ago
CoinFea
CoinFea
followers

Ripple’s Senior Vice President for Strategic Initiative, Eric van Miltenburg, shed light on the company’s unwavering commitment to revolutionizing cross-border payments, emphasizing that Ripple’s ambitions far exceed the immediate concerns of XRP’s market performance. Despite the cryptocurrency’s known price volatility, Ripple’s focus remains steadfast on its mission to streamline global financial transactions, leveraging XRP’s technological advantages to overcome existing liquidity challenges. XRP: A tool for financial evolution, not just an asset Van Miltenburg highlighted the critical role of XRP in Ripple’s ecosystem, praising its capacity for quick, cost-effective transactions. This functionality is key to Ripple’s strategy, aiming to enhance the efficiency of international money transfers. The company measures its success by the adoption rate of its technology among financial institutions, viewing this as a more significant indicator of progress than the fluctuating value of XRP. This approach reflects a deep-seated belief in the transformative potential of Ripple’s solutions for the global payment system. Ripple’s methodical sales of XRP holdings underscore its dual objectives: securing funding for continued innovation and improving the liquidity of the XRP market. Such strategic moves are designed to support the long-term viability and utility of XRP in facilitating seamless cross-border payments. By focusing on the ecosystem’s health and the practical application of its technology, Ripple aims to solidify its position as a leader in the financial technology sector. Conclusion: Ripple’s long-term vision shapes its path forward As voiced by Eric van Miltenburg, Ripple’s leadership distinguishes the company by its dedication to impacting the financial industry through technological innovation rather than by the speculative value of its digital assets. With strategic initiatives to enhance funding and liquidity, Ripple is poised to continue its journey toward redefining the global payments landscape, prioritizing the delivery of tangible benefits to the financial world over the vicissitudes of cryptocurrency markets. The post Ripple focuses on payment revolution, not XRP price swings first appeared on Coinfea.

1 day ago
Todayq News
Todayq News
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XRP, the sixth largest crypto, printed greens on Tuesday sending relief to the market. XRP price jumped around 2% in the last 24 hours while Bitcoin (BTC) price recorded a decline. This surge had come after a long period of waiting time over the resolution of the Ripple vs US Securities and Exchange Commission (SEC) lawsuit. However, it is expected that the industry would have to hold back for some more time. Ripple set to reply To address some misconceptions regarding the Ripple vs. SEC case, it’s clarified that the extended deadline for remedies-related discovery is tomorrow, and we won’t see what Ripple has handed over until the SEC files its brief on March 13. The final decision by Judge Torres is not due in April; final submissions for remedies are due on April 29. The case might extend into July/August, and a settlement is the only way it could end by April. As the Ripple Vs SEC legal saga continues, the commission won a recent ruling regarding XRP’s status as a security. On February 20, Ripple is required to provide its financial documents to the SEC. This will mark a crucial date in the history of the lawsuit.  Ripple is required to submit records of financial statements for 2022 and 2023. However, the defendants will have to answer questions from the SEC and provide information on contracts made after the initial complaint about selling XRP to major organizations.  The defendants had resisted to submit the documents. Ripple was ordered by Judge Sarah Netburn to produce the information materials by February 12. An extension was further granted until February 20. Through this move, SEC aims to understand how Ripple uses XRP within its company. XRP whales on the move Amid this legal move, an on-chain whale tracker reported that crypto whales have moved around 70 million XRP tokens (approx worth $49 million) in multiple transactions in the last 24 hours. However, the biggest move was made by a wallet linked to Ripple. It moved 60 million XRP (approx worth $34 million) to an unknown wallet. Recently, David Schwartz, CTO of Ripple, engaged with the XRP community. He addressed concerns about Ripple’s sales impacting XRP’s price dynamics. XRP price has seen a surge of 8% in the last 7 days building a positive momentum in its favor. XRP is trading at an average price of $0.57, at the press time. Its 24 hour trading volume is up by 67% to stand at $1.4 billion. Get Premium Crypto Trading Signals from Real Crypto Analysts. Join our official Waiting List at todayq.com.

1 day ago
CoinEdition
CoinEdition
followers

XRP Liquidity on X links the “Musk” tagged wallet to potential future price peaks through analysis of its transactions. Investor’s interest in scientific figures reflects in XRP wallet tags, suggesting a strategic investment approach. Previous transfers from a notable XRP wallet preceded the 2017 high, hinting at signs of future market movements. XRP Liquidity on X, an XRP liquidity tracker, has shed light on a smart wallet that could signal when Ripple’s cryptocurrency, XRP, is poised to reach a new zenith in its value. The focus centers on a smart money wallet with an address tagged “Musk.”  Sometimes I like to browse thru the XRP wallets.This one which is associated with a wallet named Musk whom is infatuated with all the famous astrologers. Musk was the newer wallet but sent all the XRP to a no name wallet now containing 17M XRP. This wallet timed the 2018 ATH.. pic.twitter.com/PaSMShFfQA — XRP_LIQUIDITY (@XRPwallets) February 17, 2024 Moreover, the owner of this wallet exhibits a keen interest in luminaries from the realms of astronomy, science, and technology, which is evident through wallet tags such as Isaac Newton, Andreessen, Turing, Sagan, and Faraday. These wallets, including the one tagged “Musk,” were all activated between 2013 and 2014, following XRP’s debut in the trading sphere. Additionally, the whale behind these wallets initiated with the Sagan wallet in June 2013, followed by the activation of Isaac Newton and Musk in November of the same year. Subsequently, these wallets played a role in activating other addresses, culminating in the spotlight on an untagged wallet, rpdfM4K, which was brought into play by the Isaac Newton address in August 2017. This wallet received all XRP holdings from the aforementioned addresses on August 26, 2017, amassing 20 million XRP. This untagged wallet’s behavior in December 2017, transferring 2.99 million XRP to Bitstamp just days before XRP hit its record high of $3.31, has been highlighted as a potential precursor to future price peaks. The transactions occurred amid a bullish wave for XRP, starting December 11, 2017, with the wallet’s transfers executed on December 14. The price of XRP soared to its all-time high just 21 days later. Since that transfer, the wallet has held onto approximately 17 million XRP. XRP Liquidity on X advises the investment community to monitor this wallet closely, suggesting that similar future transfers could indicate the cryptocurrency is on the brink of another significant price movement. If this wallet sends to an exchange again could be an indication of another XRP ATH. Might be good to keep an eye on it. https://t.co/sCbDXkJ1vX — XRP_LIQUIDITY (@XRPwallets) February 18, 2024 At press time, XRP was trading at $0.5577, marking a 0.16% increase over the last 24 hours, per CoinMarketCap. This uptick comes amid sentiments of slow growth for XRP compared to other cryptocurrencies, highlighting the challenges and opportunities within the digital asset landscape. The post XRP Wallet Linked to “Musk” May Herald Cryptocurrency’s New Peak appeared first on Coin Edition.

2 days ago
Pools Club
Pools Club
followers

🐂Top 10 Strategies To Make 100x Profits this Crypto Bull Run Several factors suggest a bull run could occur in 2024, including the Bitcoin halving event and the Ethereum 2.0 upgrade. Experts predict this bull run could be the biggest ever. 🌟Strategies for Profit: 1. Educate yourself: Research different projects and whitepapers to understand the crypto landscape. 2. Stay updated: Keep track of market trends, news, and regulations. 3. Define investment goals: Decide if you seek short-term gains or long-term investments. 4. Never invest more than you can lose: Crypto is inherently risky, so invest wisely. 5. Do your own research (DYOR): Analyze projects thoroughly before investing. 6. Altcoins to Consider: Ethereum (ETH): Expected to outperform Bitcoin due to its role in smart contracts and Web 3.0. Cardano (ADA): Gained significant traction in 2023 and could see further growth. Dogecoin (DOGE): Meme coin with a loyal community and potential for appreciation. Ripple (XRP): Fast and efficient solution for cross-border transactions, poised for a comeback. 🌟Sectors for the Bull Run: 7. Layer 2 Scaling Solutions: Expected to rebound in 2024 with improvements like Ethereum Cancun. 8. Real World Assets (RWA): Significant growth potential as more assets become digitized. 9. AI Coins: Growing interest in AI-powered projects like RNDR, AGIX, and OCEAN. 10. Additional Tips: Diversify your portfolio: Don't put all your eggs in one basket. Control your emotions: Don't make impulsive investment decisions. Have an exit strategy: Know when to take profits and exit the market. 🌟Source: Coin Market Cap #Write2Earn #TrendingTopic #InvestmentInsights

1 day ago
CryptoNewsLand
CryptoNewsLand
followers

Whale activity drives Dogecoin’s trade volume over $1 billion, fueling its recovery. Large transactions exceed 1,100 in 24 hours, indicating significant activity among major players. Dogecoin Foundation aims to boost adoption by integrating GigaWallet with platforms like Shopify for easier payments. In recent days, Dogecoin (DOGE) has witnessed a significant resurgence in activity. This uptick is primarily attributed to a surge in trading volume, surpassing the $1 billion milestone, largely influenced by substantial transactions conducted by whales. These large-scale Dogecoin transactions, exceeding $100,000 each, have been particularly prominent, with over 1,100 such transactions occurring within the past 24 hours. This surge in activity among influential players within the Dogecoin community signals a renewed sense of confidence in the cryptocurrency. Furthermore, the substantial volume associated with these transactions is noteworthy, reaching over 12.63 billion DOGE, equivalent to approximately $1.09 billion in the past day alone. Even during periods of lower activity within the last seven days, the transaction volume remained significant, hovering around 8.8 billion DOGE, translating to roughly $759 million. The resurgence in Dogecoin‘s trading volume coincides with a notable upward trend in Bitcoin, the leading cryptocurrency globally. Bitcoin’s recent surge has been linked to increased adoption by prominent Bitcoin Exchange Traded Fund (ETF) providers, such as iShares by BlackRock and Fidelity’s Bitcoin ETF, which collectively hold substantial amounts of BTC. Looking forward, the Dogecoin Foundation has put forth an ambitious agenda aimed at furthering the adoption and development of Dogecoin. Notably, plans include expanding the integration of GigaWallet with e-commerce platforms like Shopify and streamlining the acceptance of Dogecoin as a form of payment for online merchants. This strategic move underscores broader efforts to enhance Dogecoin’s practical utility in everyday transactions, thereby bolstering its attractiveness to both users and investors. Read also: XRP’s Global Impact Amplified by Uphold and Sologenic Partnership XRP Signals Renewed Optimism: Potential Breakout Ahead? Cardano Tops Github Development Activity, Outpacing Polkadot, Kusama, Ethereum FTX To Raise $1B To Maintain Its $32B Valuation Bitcoin En Route to $32K as Inflation Gets Announced at 3% Only The post Whale Activity Sparks Dogecoin Surge, Trade Volume Tops $1B! appeared first on Crypto News Land.

2 days ago
Binance Announcement
Binance Announcement
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This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, Binance has launched a new batch of Dual Investment products with updated Target Prices and Settlement Dates, where users can utilize our Sell High or Buy Low products. Subscription format: First-come, first-served basisCheck out the new Target Prices and Settlement Dates in the link below Earn Rewards With Dual Investment! Dual Investment provides access to Buy Low and Sell High products with your selected price at your selected date in the future, without any fees. Subscribe to Dual Investment products to enjoy rewards on a selection of popular cryptocurrencies. SELL HIGH Target Users: Users who want to accumulate high rewards on the cryptocurrency holdings, or Users who want to sell the Deposit Currencyfor a higher price in the future, compared to the market price on the subscription date Deposit CurrencySell ForSettlement DatesBTC, ETH, BNB, SOL, XRP or any of the other 13 tokensUSDT or FDUSD2024-02-232024-02-272024-03-012024-03-082024-03-152024-03-222024-03-292024-04-26ETHBTCBNBBTC or ETH BUY LOW Target Users: Users who want to accumulate high rewards on stablecoin holdings, or Users who want to buya cryptocurrency for a lower price in the future, compared to the market price on the subscription date Deposit CurrencyCryptocurrency to BuySettlement DatesUSDT or FDUSDBTC, ETH, BNB, SOL, XRP or any of the other 13 tokens2024-02-232024-02-272024-03-012024-03-082024-03-152024-03-222024-03-292024-04-26BTCETH or BNBETHBNB How to Get Started with Dual Investment: Go to the Dual Investment page.Select the cryptocurrency you would like to buy or sell.Choose whether you want to “Sell High” or “Buy Low”.Select your desired price (“Target Price”) and desired date (“Settlement Date”) to buy or sell.Input your subscription amount.Choose to enable or disable the Dual Investment Auto-Compound feature with the toggle button and complete the subscription. Do check out the Dual Investment Beginner Modeto get a step-by-step guide through the subscription process for Dual Investment products. More information about Dual Investment, including a glossary and detailed calculation methodology, can be found here. Notes: Dual Investment may stop accepting new subscriptions at any time.APR will change in real-time depending on market fluctuation before the subscription, but will be locked in once the subscription is confirmed.Dual Investment products cannot be redeemed before the Settlement Date. Deposit Currency refers to the currency used to subscribe to a Dual Investment product.Settlement Date refers to the date on which transactions and redemption will take place.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 2024-02-20

2 days ago
ZyCrypto
ZyCrypto
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As the crypto market continues to enjoy notable bullish momentum, altcoins are riding on this wave thanks to heightened whale transactions. Taking on X (formerly Twitter), leading on-chain metrics provider Santiment acknowledged, “While Bitcoin profits are being distributed to various altcoins, several are showing signs of drawing whale interest.” Therefore, Injective (INJ) and Basic Attention Token (BAT) have led the altcoin race as whales show soaring interest on the foundation of factors like their notable use cases. For instance, INJ is revolutionizing the decentralized finance (DeFi) sector by enabling Web3 members to stake for rewards and approve proposals for protocol upgrades, among others. Are Altcoins Eyeing Hype Cycles? With Bitcoin recently breaching the $52,000 level, altcoins are eyeing this bullish run after several weeks of retracement. Leading crypto analyst Rekt Capital acknowledged, “With the Bitcoin rally in progress, it’s a matter of time before that money flows into Altcoins. Altcoins are getting ready.” Source: RektCapital Therefore, this analysis suggests that altcoins might be gearing up for hype cycles that could increase prices. Some top altcoins, such as Ethereum (ETH), have been leading the altcoin rally, given that the second-largest cryptocurrency based on market value is edging closer to the psychological price of $3,000. ETH was up by 12.5% in the past week to hit $2,935 at the time of writing, according to CoinGecko data. Therefore, altcoin bulls are not relenting on their quest to scale heights, with Solana (SOL), XRP, Shiba Inu (SHIB) and Cardano (ADA) recently recording massive gains after making a major U-turn.

2 days ago
Crypto_Awad
Crypto_Awad
followers

Story HighlightsA mysterious smart wallet named "Musk" has been linked to XRP's price movements.The wallet transferred XRP before the cryptocurrency's previous all-time high in 2017, leading to speculation of a similar move in the future.Investors are watching the wallet closely for signs that XRP could reach a new all-time high.The crypto space is incredibly fascinating, and you’re about to find out why we say so!A smart wallet labeled ‘Musk’ has surfaced in XRP’s liquidity tracking system, raising questions about its role in predicting the cryptocurrency’s future peaks. Comparisons to a strategic move in 2017 that led to XRP’s previous all-time high have ignited anticipation for a potential repeat in the coming year.Unveiling the ‘Musk’ ConnectionXRP Liquidity enthusiasts recently highlighted a smart money wallet associated with an address tagged as “Musk.” Notably, the wallet’s owner seems fascinated with astronomy and science, evident from tags like Isaac Newton, Andreessen, Turing, and others.Activated between 2013 and 2014, these wallets have gained attention due to a newer, unknown wallet (rpdfM4K) activated by the Isaac Newton address in August 2017. This mysterious wallet consolidated XRP holdings from other tagged addresses on Aug. 26, 2017, accumulating a balance of 20 million XRP.Revealing Historical MovesWhile holding onto most of these tokens for over six years, the wallet made a significant move in December 2017. It transferred 2.99 million XRP to Bitstamp just days before XRP reached its all-time high of $3.31 during the bull run that began on Dec. 11, 2017.Executing three equal transactions to Bitstamp on Dec. 14, 2017, the wallet caught attention as XRP reached its all-time high a mere 21 days later. Despite a slight drop in balance to 17 million XRP post-transfers, the wallet has maintained this amount since.An Eye on the FutureThe XRP Liquidity team now suggests that investors monitor this mysterious wallet closely. According to their analysis, if it initiates another batch of XRP transfers, it could signal that XRP is gearing up for another all-time high.As of now, XRP is trading at $0.5612, reflecting a 1.14% increase in the past 24 hours. Despite this positive movement, some investors express dissatisfaction with XRP’s relatively slow growth in the current bullish market. #Write2Earn $XRP

2 days ago
Coinpedia
Coinpedia
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The post XRP Price To Hit New ATH Soon, Hints Crypto Expert  appeared first on Coinpedia Fintech News The discovery of a ‘Musk’-tagged smart wallet in XRP’s liquidity tracking system has sparked speculation about its potential to predict the cryptocurrency’s next all-time high. Drawing parallels to a strategic move in 2017 when XRP reached its previous all-time high, many anticipate a similar occurrence in the coming year. Musk’s Crypto Fascination Recent crypto enthusiasts behind XRP Liquidity took to X to shed light on a smart money wallet linked to an address tagged as “Musk.”  Sometimes I like to browse thru the XRP wallets.This one which is associated with a wallet named Musk whom is infatuated with all the famous astrologers. Musk was the newer wallet but sent all the XRP to a no name wallet now containing 17M XRP. This wallet timed the 2018 ATH.. pic.twitter.com/PaSMShFfQA — XRP_LIQUIDITY (@XRPwallets) February 17, 2024 Interestingly, the owner of this wallet appears to have a keen interest in figures related to astronomy and science, observed from tags like Isaac Newton, Andreessen, Turing, and others. Meanwhile, these wallets were activated between 2013 and 2014, and have become noteworthy due to a newer unknown wallet (rpdfM4K) activated by the Isaac Newton address in August 2017.  Notably, this mysterious wallet received all the XRP holdings from other tagged addresses in a consolidated move on Aug. 26, 2017, amassing a balance of 20 million XRP. Revealing Historical Moves While the wallet has kept most of these tokens for over six years, a notable event caught the XRP Liquidity team’s attention. In December 2017, the wallet made a strategic move by transferring 2.99 million XRP to Bitstamp, just days before XRP achieved its all-time high of $3.31. During the bull run that started on Dec. 11, 2017, the wallet executed three equal transactions to Bitstamp on Dec. 14, 2017. Remarkably, XRP surged to its ATH a mere 21 days after these transactions.  Despite a slight drop in balance to 17 million XRP following the transfers, the wallet has HODLed this amount since then. Decrypting the Future? The XRP Liquidity team now suggests that investors must keep a close eye on this mysterious wallet. According to their analysis, if the wallet initiates another batch of XRP transfers, it could serve as a potential signal that XRP is gearing up for another all-time high. As of now, XRP is trading at $0.5612, reflecting a 1.14% increase in the past 24 hours. Despite its upward movement, some investors express dissatisfaction with XRP’s comparatively slow growth in the current bullish market.

3 days ago
Crypto Daily™
Crypto Daily™
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In today's cryptocurrency market, Bitcoin rebounded past the significant mark of $52,200. Despite this surge, its trading volume interestingly dipped by 10%, resting at $19.78 billion, while maintaining a towering market cap of $1.03 trillion. Ethereum, a major player in the altcoin domain, isn't far behind, registering a 3% increase to above $2,900 and boasting a market valuation of $349.7 billion. Ethereum's trading activity also saw a notable hike, with its volume gaining 28%, almost touching $24.6 billion. In the midst of these market movements, Ripple (XRP) recovered past $0.56. Yet, like Bitcoin, it experienced a 10% fall in trading volume, down to $819 million. Despite this, XRP holders saw nearly 8% weekly gains, hinting at an underlying resilience. As the calendar flips closer to February 20th, Ripple (XRP) is girding itself for a pivotal chapter in its courtroom saga with the SEC – this next act promises to peel back layers of the case during discovery related to remedies and could very well be packed with surprises. Amidst this landscape, ScapesMania (MANIA), although having concluded its presale stage, is generating buzz as its coming DEX listing approaches. This next step for MANIA isn't just another update; it's set to throw open the doors to an even wider audience. Ride The Wave of Innovation with ScapesMania The ScapesMania public sale wrapped up, becoming the talk of the crypto community. The project managed to secure over $6,125,000 at an unprecedented rate and there’s a strong probability that the token's value might increase exponentially in the future. The spotlight has shifted to the Token Generation Event (TGE) coming up on February 25 – March 09. The pool of tokens is smaller than it was before, the conditions are better than the market average, so the chance to maximize your potential returns is quickly diminishing. Letting it slip now would be a huge waste, especially since your chance to join is only a click away. Your Last Chance to Boost Potential Returns Post Listing The team behind ScapesMania, with years of expertise, has crafted a robust post-listing marketing strategy. Buyback, burn, staking, and all the perks for holders keep attracting new adopters while also ensuring a high level of community engagement. Through DAO governance, backers will be able to influence and benefit from a growing industry. Moreover, the token's utility is impressive. It's not another meme coin whose success relies heavily on trends and hype. ScapesMania ($MANIA) is a well-balanced, meticulously designed project that acts as a gaming ecosystem. As a player in the multi-billion casual gaming industry, it leverages the market's growth potential. Post-debut, holders can anticipate greater liquidity and easier trading. A solid token management plan will further increase longer-term growth potential.  The community's excitement about the project is evident so far: the follower count has reached 60K+. Also, the growing interest from crypto whales with deposits of $20,000+ might expedite ScapesMania's transition from niche to mainstream. ScapesMania's smart contract has received approval from prominent security-ranking firms, ensuring peace of mind for holders. Additionally, the PancakeSwap listing is on the horizon, with CEX listings still in the works. ScapesMania is also notable for a great cliff vesting structure to prevent token dumping, making sure that supply and demand are well-matched for potential growth. Make sure you don't pass up the opportunity to leverage all discounts and potentially beat the market with the TGE fast approaching. Be quick if you want to be the first one in line for all the post-listing opportunities, which might be quite lucrative. >>> TGE ALERT – Keep Up With Latest News <<< Ripple (XRP) on the Edge: Lawsuit Outcome to Set Future Course The Ripple (XRP) market was abuzz with activity, especially in light of the recent developments in the SEC v. Ripple lawsuit. As the legal battle approached a critical juncture on February 20th, with the formal end of its remedies-related discovery phase, Ripple was granted an extension to compile post-complaint institutional sales data, which had a noticeable impact on XRP's market behavior. Source: TradingView Currently, Ripple (XRP) is trading between the key levels of support at $0.5209 and resistance at $0.5864. The market is closely watching these levels as they determine XRP's short-term price trajectory. Ripple (XRP) Technical Analysis From a technical perspective, Ripple's (XRP) Exponential Moving Averages (EMAs) - 10-day at $0.5587, 50-day at $0.5463, and 200-day at $0.5403 - suggest a cautiously optimistic trend, with the price hovering above all three EMAs. The Relative Strength Index (RSI) at 57.15 indicates a neither overbought nor oversold condition, providing room for movement in either direction. However, the Stochastic %K at 82.71 leans towards an overbought territory, hinting at potential price correction. The Average Directional Index (14) at 18.96 shows a lack of strong trend, and the MACD Level (12, 26) at 0.004 reinforces this indecisiveness. These technical indicators, combined with the uncertainty surrounding the lawsuit's outcome, make XRP's near-term price direction somewhat unpredictable. Ripple (XRP) Price Action – What’s Next? In the bullish scenario, Ripple's (XRP) resilience is underscored by the recent accumulation by large wallet holders, as reported by Santiment. Coupled with a decline in whale transactions and slowed profit-taking, this suggests a potentially bullish outlook. If buying pressure increases, bolstered by a favorable outcome in the legal proceedings or positive market sentiment, XRP could retest $0.5864 and possibly eye the next barriers at $0.6158 and even $0.6813. On the flip side, the bearish scenario takes into account the recent loss of momentum by the bulls over the weekend and the shedding of XRP holdings by small holders and retail investors. If bearish pressures persist and buying pressure fails to materialize, Ripple (XRP) could see a downturn, potentially retesting $0.5209 and even the lower support levels at $0.4847 and $0.4191, with the ongoing legal developments adding to the uncertainty. In both scenarios, the coming key date in the SEC lawsuit looms large, poised to significantly influence XRP's market trajectory. Bottomline The coming key date in the SEC lawsuit is set to be a decisive factor in shaping Ripple's (XRP) future market trajectory. Currently trading between pivotal support and resistance levels, XRP's price action reflects a cautiously optimistic trend, as indicated by its EMAs. However, the mixed signals from technical indicators such as the RSI and Stochastic, coupled with the uncertainty of the lawsuit's outcome, render Ripple's (XRP) near-term direction unpredictable. The market's response to the impending legal developments will determine whether XRP stays resilient or succumbs to bearish pressures. Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

3 days ago
Todayq News
Todayq News
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Bitcoin’s race to achieve a new all time high (ATH) is driving the crypto industry ahead. Within this surge, crypto linked escrows have become an integral way to secure and trustworthy transactions. We will explore what crypto escrows are, how they work, and their importance in the digital assets market. However, we will also take a look into Ripple’s XRP escrow system. Understanding Crypto Escrows The global cryptocurrency industry is growing and evolving after facing several setbacks over the past few years. At the moment, the total market cap is moving to reclaim the much anticipated $2 trillion mark. However, Bitcoin recently regained the $1 trillion market cap, single handedly pushing the market ahead. Crypto escrows serve as intermediary services that facilitate secure transactions between buyers and sellers. This particularly involves digital assets. These instruments act as trusted third parties as they hold funds or assets in custody until predefined conditions are met. The conditions usually involve the completion of duties by both parties involved in the transaction. How does it work? One common scenario where crypto escrows are utilized is during the exchange of Bitcoin. When a buyer and seller engage in a Bitcoin transaction, an escrow agent holds the Bitcoin in temporary custody until the seller fulfills their duty of providing the promised products or services.  At the same time, the buyer certifies their confirmation of the transaction. This process ensures the safety of funds and mitigates the risk associated with irreversible transactions. There are numerous platforms that offer crypto escrow services. It is tailored to serve different cryptocurrencies. For example, a crypto platform provides an escrow service designed for digital asset transactions.  When a buyer engages in a transaction, they can send their tokens to the exchange’s escrow service, which immediately converts them into a USD stablecoin. This approach adds a layer of security and stability to the transaction. This eventually safeguards the interests of both parties involved. Ripple’s XRP Escrow and recent developments Ripple Labs, a leading blockchain-based payment firm, introduced its XRP escrow system in December 2017. This move was taken to enhance predictability and stability in the XRP market. The escrow system involves locking a certain amount of XRP tokens into an escrow reserve. This acts as a safeguard to assure investors and participants.  By locking up a huge amount of XRP, Ripple aims to prevent sudden influxes or outflows of tokens that could lead to price volatility. As of now, XRP is the sixth largest cryptocurrency on the list. It holds a market cap of over $30 billion. However, It has a circulating supply of 54,558,598,490 XRP tokens. It has a maximum supply of 100,000,000,000 XRP coins. What’s up with Ripple escrow? Recent developments surrounding Ripple’s XRP escrow have gained the attention of the investors. Ripple made headlines when it returned a massive 800 million XRP tokens to its escrow. It was done by executing a smart contract. This move was seen as a step towards ensuring stability in the XRP market, while, it addressed concerns about token supply.  It is important to note that the return of such a high amount of XRP to the escrow reserve provided a positive signal to investors and helped boost market confidence. Ripple has been gradually releasing XRP tokens from its escrow reserve. It recently released 1 billion XRP tokens from the escrow reserve. This regular release of tokens was scheduled to ensure a controlled supply of XRP in the market. Ripple planned to release 1 billion XRP from escrow every month for 42 months. This will potentially be culminating by early 2027. Impact on XRP Price Escrow releases can potentially affect the supply-demand balance, influencing the price of XRP. When a large amount of XRP is released from escrow, it increases the circulating supply, which may put downward pressure on the price. Conversely, releasing fewer XRP tokens can create scarcity which can drive up the price. However, it is important to note that the impact of XRP escrow on price is not solely dependent on the escrow releases. Other factors, such as market sentiment, overall market conditions, regulatory developments, and the adoption of Ripple’s technology, also play crucial roles. Therefore, attributing price fluctuations solely to the XRP escrow system would be more complex. Ripple vs SEC Lawsuit The Ripple vs US Securities and Exchange Commission lawsuit has been a major legal battle in the crypto industry. The case revolves around allegations made by the SEC against Ripple Labs. It accused the company of illegal sales of XRP as an unregistered security. The case originated from a lawsuit filed by XRP holders, and the SEC later joined the litigation. There have been some major developments in the lawsuit. Judge Analisa Torres ruled on the penalty for XRP sales to US institutional investors. However, the SEC’s response to this ruling is highly anticipated. Additionally, Judge Torres ruled that Ripple’s programmatic sales of XRP did not satisfy the third prong of the Howey Test. This has high implications for Ripple and its ongoing legal battle with the SEC. The SEC has also filed for an interlocutory appeal to challenge the ruling on the secondary trading of XRP. The crypto escrows play a crucial role in ensuring secure transactions within the virtual digital assets market ecosystem. Ripple’s XRP escrow system has emerged as a notable player as it aims to enhance stability and predictability in the XRP market.  While the escrow releases can impact the price of XRP, it is essential to consider various factors influencing the market dynamics. Furthermore, Ripple’s ongoing legal battle with the SEC adds layer of complexity to the situation, with recent developments shaping the future of Ripple and the XRP market. Get Premium Crypto Trading Signals from Real Crypto Analysts. Join our official Waiting List at todayq.com.

4 days ago
ZyCrypto
ZyCrypto
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Versan Aljarrah, the founder of Black Swan Capitalist and a well-known YouTuber, recently spoke highly of XRP. In a recent post on X, Aljarrah noted that XRP could play an important role amid growing calls for gold-backed cryptocurrencies, which are price-pegged to the precious metal. Will XRP Become A New Global Standard Backed By Gold? There has been speculation that XRP could be backed by gold amid talks that XRP could be accepted by global banks and other financial institutions for international settlements and would be backed by gold for its fair value. Black Swan Capitalist founder Versan Aljarrah also pointed out that there have been calls for gold-backed stablecoins from international financial institutions such as the World Bank, International Monetary Fund (IMF), and World Gold Council. According to Versan, these bodies have been pushing for gold-backed stablecoins so central banks could tokenize their gold reserves. He indicated that Black Swan Capitalist’s financial analyst Vandell and Miles Franklin CEO Andy Schectman carried out vast research on XRP and the broader crypto market and came to the conclusion that XRP is the “key” to gold-backed stablecoins. We've been vocal about the #WorldBank, #IMF, and World Gold Council openly discussing the need for a #gold-backed #stablecoin for central banks to #tokenize gold reservesAfter much research, along with @vandell33 & @MilesFranklinCo we believe #XRP will be the key https://t.co/C55QJaLkOx — Black Swan Capitalist (@VersanAljarrah) February 16, 2024 Aljarrah’s tweet quoted his previous tweet in July, where he spotlighted Ripple’s landmark court victory against the U.S. Securities and Exchange Commission (SEC) when Judge Analisa Torres declared that XRP is not a security on its face. Ex-Official Shares Insights On Ripple’s Stablecoin Hype While Ripple has amassed significant capital and made strides with XRP, the potential shift of focus to turn XRP into a stablecoin has sparked discussion in the cryptosphere. When asked whether XRP’s evolution into a stablecoin is guaranteed, Sean McBride, a former director at Ripple, answered quite plainly: “No”. “What I think is more likely is that #XRP is classified as something entirely different. Something like a payments stablecoin,” McBride explained. Further, he added that if XRP is to transact large-scale business-to-business (B2B) transactions across borders and institutions, it can’t be “dirt cheap.” McBride had previously claimed that XRP’s usage presently is already considered “stablecoin-like” by the World Bank, satisfying assertions that the company doesn’t need a stablecoin asset for now.

4 days ago
Crypto Daily™
Crypto Daily™
followers

Ripple (XRP) encounters a rough patch, and the community's growing frustration is evident as they watch the coin struggle in the market. Once a top crypto contender, Ripple (XRP) experienced a steady decline, particularly following the SEC's lawsuit against Ripple Labs. Although the legal battle was partially won, it has not sufficiently revitalized the token's value or trading volume. Even with the recent uptrend pushing the price to $0.56, Ripple (XRP) is significantly lower than its all-time high of $3.84 in January 2018. Disheartened by Ripple's (XRP) dimming prospects, many investors are cashing out and stepping away from Ripple (XRP) investments. Amidst this turmoil, a noticeable shift in investor behavior is occurring, with some Ripple (XRP) holders moving their investments to emerging opportunities in the GameFi sector. Ride The Wave of Innovation with ScapesMania The ScapesMania public sale wrapped up, becoming the talk of the crypto community. The project managed to secure over $6,125,000 at an unprecedented rate and there’s a strong probability that the token's value might increase exponentially in the future. The spotlight has shifted to the Token Generation Event (TGE) coming up on February 25 – March 09. The pool of tokens is smaller than it was before, so the chance to maximize your potential returns is quickly diminishing. Letting it slip now would be a huge waste, especially since your chance to join is only a click away. Your Last Chance to Boost Potential Returns Post Listing The team behind ScapesMania, with years of expertise, has crafted a robust post-listing marketing strategy. Buyback, burn, staking, and all the perks for holders keep attracting new adopters. Through DAO governance, backers will be able to influence and benefit from a multi-billion-dollar industry. Moreover, the token's utility is impressive. It's not another meme coin whose success relies heavily on trends and hype. ScapesMania ($MANIA) is a well-balanced, meticulously designed project that acts as a gaming ecosystem. As a player in the $376 billion gaming industry, it leverages the market's growth potential. Post-debut, holders can anticipate greater liquidity and easier trading. The community's excitement about the project is evident so far: the follower count has reached 60K+. Also, the growing interest from crypto whales with deposits of $20,000+ might expedite ScapesMania's transition from niche to mainstream. ScapesMania's smart contract has received approval from prominent security-ranking firms, ensuring peace of mind for holders. Additionally, the award-winning team behind ScapesMania secured a prestigious grant from a prominent player in the blockchain industry. Furthermore, ScapesMania is notable for putting its community front and center. Driving customer engagement and making sure that everyone benefits through great tokenomics and generous rewards is where ScapesManias stands out. Make sure you don't pass up the opportunity to leverage all discounts and potentially beat the market with the TGE fast approaching. Be quick if you want to be the first one in line for all the post-listing opportunities, which might be quite lucrative. TGE ALERT – Keep Up With Latest News Ripple (XRP): A Mixed Bag of Potential and Discontent Due to its practicality and market appeal, Ripple (XRP) is shaping up to be a game changer in how banks handle cross-border transactions. Launched in 2012, Ripple (XRP) aimed to revolutionize transactions for financial institutions. XRP stands out by facilitating quick and cost-effective international transfers – a stark contrast to Bitcoin's slower and more expensive transactions. In 2023, Ripple's (XRP) price saw an impressive 81% increase, signaling a strong rebound and growing investor interest. This surge was attributed to Ripple's (XRP) distinct technology that enables swift, cost-effective global payments in a market that handles over $23 trillion annually. On the flip side, Ripple's (XRP) community is grappling with frustration over the token's price performance. Despite previous successes, Ripple's (XRP) price has languished, leading to demands for action from Ripple's (XRP) leadership. Ripple's (XRP) value remains significantly below its peak of $3.84 recorded in January 2018. Some community members even started selling their holdings, fearing further decline and questioning Ripple's (XRP) priorities. Amid the tumultuous market and dwindling prices, there's a staunch contingent within Ripple's community whose confidence in XRP's innovative edge for reshaping global financial transactions hasn't wavered – they're not merely clinging to currency but championing a vision that could redefine the essence of economic exchanges. Currently, Ripple's (XRP) future appears uncertain, with wavering community trust and concerns about the effectiveness of its leadership. Conclusion Given the mixed signals from Ripple's (XRP) recent developments and community sentiment, predicting its price trajectory becomes complex. The potential for growth is undeniable given Ripple's (XRP) technological advantages and market opportunities. However, ongoing community discontent and regulatory challenges pose significant risks that can affect investor confidence and, consequently, Ripple's (XRP) price. In the short term, market sentiment may remain volatile, influenced by Ripple's (XRP) actions to address community concerns and broader market trends. In the long term, the adoption of Ripple's (XRP) technology by financial institutions and the resolution of regulatory issues can pave the way for a resurgence. Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

4 days ago
Ameer Hamza
Ameer Hamza
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3 cryptocurrencies to reach $100 billion market cap in 2024 Sure, I will try to explain why some sources think that Solana, XRP, and Avalanche have the potential to reach a $100 billion market cap in 2024. Solana (SOL) is a fast, scalable, and energy-efficient blockchain platform that supports various projects, such as DeFi, NFTs, gaming, and messaging. It uses a novel consensus mechanism called proof-of-history (PoH) that allows for high throughput and near-instant finality. Solana claims to be able to handle over 50,000 transactions per second (TPS) with low fees. ¹ Some analysts believe that Solana could challenge Ethereum's dominance in the smart contract space, as it offers a more user-friendly and developer-friendly environment. ² Solana's current market cap is about $32 billion, and its price is around $110 as of February 17, 2024 XRP is the native cryptocurrency of XRP Ledger, an open-source, public blockchain that facilitates faster and cheaper payments. XRP can be used as a bridge currency to settle cross-border transactions in less than five seconds, at a fraction of the cost of traditional methods. ⁴ XRP is also used by Ripple, a company that provides payment solutions for financial institutions and other partners. Ripple aims to make XRP the global standard for interoperability and liquidity in the digital economy. ⁵ XRP's current market cap is about $24 billion, and its price is around $0.52 as of February 17, 2024. Avalanche (AVAX) is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It aims to unseat Ethereum by having a higher transaction output of up to 6,500 TPS while not compromising scalability. It has three interoperable blockchains: X-Chain, C-Chain, and P-Chain, each with its own consensus mechanism and use case. ⁷ It also enables the creation of subnets, which are dynamic sets of validators that can launch and secure their own blockchains. ⁸ Avalanche's current market cap is about $18 billion, and its price is around $80 as of February 17, 2024. #TrendingTopic

4 days ago

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