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XRP’s influence shapes crypto landscape and market dynamics.
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Ponzi scheme promoters get 10 years in Nigeria.
In 2022 alone, new Ponzi schemes were uncovered once every six days; in total 57 schemes was discovered in the same year, mobbing up about $5.3Bn of investors' funds. 25% of the uncovered scheme involved cryptocurrency and it surprisingly mobbed up about $3Bn of the $5.3Bn even though it is just 25% of the total scheme uncovered!
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MACD, a finance indicator, gauges price trends—like a money compass steering financial decisions amid volatility.
XRP’s Influence Surges as It Overtakes Bitcoin in Trading Volume.
XRP’s influence grows as it surpasses Bitcoin in trading volume, demonstrating investor confidence. Following a favourable court decision, XRP’s trading volume reaches $25 billion, with re-listing on exchanges for US customers.
XRP’s Influence Soars as Listed o-n Prestigious Crypto Exchange.
XRP’s price has increased by 5.36% in the past 24 hours, reaching $0.76. Over the week, it has gained 59.0%, rising from $0.47. The trading volume has surged by 246.0%, while the circulating supply has decreased slightly. XRP currently ranks #4 with a market cap of $40.15 billion.
Binance CEO Bullish on DeFi, BlackRock, and XRP’s Influence on Ruling Impact.
Binance celebrates its sixth anniversary, showcasing resilience amidst regulatory challenges. CEO Changpeng Zhao predicts DeFi’s dominance over CeFi in six years, citing easier asset custody and financial inclusion. Institutional investors’ entry validates the industry’s potential, while regulatory progress, exemplified by the XRP ruling, accelerates global adoption.
Could Bitcoin feel the BlackRock effect?
Major milestone: BlackRock, the world’s largest asset manager, applies for a Bitcoin ETF, potentially simplifying Bitcoin investment. With $8.5 trillion AUM, BlackRock’s entry carries substantial market influence. CryptoSlate explores its previous ETFs’ performance and the impact of a Bitcoin ETF on the crypto market.
Ripple Vs SEC: Appeals and XRP Investors’ Future.
Ripple’s legal victory against the SEC has sparked speculation about appeals and their impact on XRP investors. Judge Torres ruled that XRP is not a security, dismissing the SEC’s allegations of unregistered securities offering. However, concerns remain about a possible SEC appeal
XRP Influence Craze in South Korean Exchanges.
Ripple’s victory over the SEC boosts XRP price, dominating South Korean exchange Upbit. XRP leads in trading volume with $628.7 million, followed by FirmaChain, 1inch Network, Ark, and ThunderCore
XRP Up Over 5% in 24 Hours.
XRP’s price has increased by 5.36% in the past 24 hours, reaching $0.76. Over the week, it has gained 59.0%, rising from $0.47. The trading volume has surged by 246.0%, while the circulating supply has decreased slightly. XRP currently ranks #4 with a market cap of $40.15 billion.
LTC and XRP to lead; BTC and ETH to lag.
Litecoin (LTC) and XRP (XRP) are showing a “parabolic” signal, indicating they might lead the cryptocurrency market higher. Bitcoin (BTC) and Ethereum (ETH) could lag behind as they haven’t triggered the same technical tool (Parabolic SAR), which suggests a downtrend reversal for LTC and XRP. Understanding such trends is vital for profitable trading in the crypto market.
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