The #CryptoNewss for the XRPArmy - Here’s the key information for you! 🔑
→ In a significant move, CBOE BZX Exchange has filed 19b-4 applications with the US Securities and Exchange Commission (SEC) for an #XRP ETF. These applications are specifically linked to Bitwise, Canary Capital, 21Shares, and WisdomTree. 👍
→ On February the 6th, 2025, the CBOE BZX Exchange application was officially submitted at the SEC. 🤝
→ Beyond just XRP and Litecoin ETFs, asset managers in the United States are also engaging the SEC with proposals for altcoin-centric funds. The altcoins and memecoins that have been mentioned so far feature a diverse array, including Solana SOL, Dogecoin DOGE, Hedera HBAR, Cardano ADA, TRUMP, and Polkadot DOT. 👍
→ This initiative reflects a trend of financial institutions increasing their cryptocurrency services, influenced by recent regulatory changes and a rise in investor excitement for digital assets. 🚀
🤓What is the CBOE BZX Exchange? Here’s an interesting summary!
→ The Cboe BZX Exchange is one of four U.S. equities exchanges operated by Cboe Global Markets, alongside the BYX, EDGA, and EDGX exchanges. ✅
→ In the fourth quarter of 2024, Cboe Global Markets announced a net revenue of $524.5 million, marking a 5% rise compared to the previous year. For the entire year, net revenue soared to an impressive $2.1 billion, reflecting an 8% increase year-over-year. 🚀
→ Originally established by Bats Global Markets, the BZX Exchange became part of Cboe following its acquisition of Bats in February 2017. ✅
→ Cboe Exchange provides a robust, globally uniform, and locally tailored trading platform that caters to both traders and investors. 💪
→ The Cboe BZX Exchange is a key player in the U.S. equities market, managing approximately 11-12% of the daily trading volume in stocks! 💰
📊Reviewing Monthly Cycles from Previous Years!
→ Historically, February has not been a standout month for XRP. It doesn't have the same appeal as other months. There have been a few years with good results, but many have finished with losses. 🧐
→ This report analyzes XRP's monthly performance over the years, comparing each month with the previous one to uncover any cyclical trends. ✅
→ XRP in 2023,
📈 January increase of +20%.
📉 February decline of -7%.
📈 March increase of +43%.
→ XRP in 2024,
📉 January decline of -18%.
📈 February increase of +17%.
📈 March increase of +7%.
→ XRP for 2025,
📈 January increase of +46%.
📉 February decline of -20%.
→ March has consistently proven to be a strong month for XRP, showcasing many important upward movements: 📈🚀💥
📈 In 2021, +37%. ✅
📈 In 2022, +4%. ✅
📈 In 2023, +43%. ✅
📈 In 2024, +7%. ✅
→ Conclusion: XRPPredictions in March 2025 look positive for swing and mid-term trading. Historical data indicates that this month often experiences notable price increases. ✅📈🚀
📊Price Predictions of XRP for this week:
→ In a Bullish Trend Scenario, should $XRP manage to surpass the $2.85 resistance level, it could surge towards $3.00 and potentially reach $3.40 if the upward momentum continues. 📈🚀💥
→ In a Consolidation Trend Scenario, if $XRP struggles to break through the $2.80 threshold, it may hover between $2.60 and $2.80, awaiting a catalyst for movement. This situation could arise if profit-taking increases or if the overall market sentiment shifts negatively. 📊✅
→ In a Bearish Trend Scenario, a dip below $2.50 might prompt XRP to explore lower support levels around $2.40 or even $2.00. Nevertheless, this scenario appears unlikely given the current encouraging indicators. 📉🧐
Let’s keep a sharp focus on XRP this week to see if it can continue its ascent or if it might hit a snag and experience a drop! 🧐👍
🤓Uncover More Facts and Details about XRP ETFs available for you here: 👍
→ Grayscale, Billion Dollar Giant has filed the application for XRP ETF!
→ SEC Acknowledges Grayscale XRP ETF!
→ 21Shares applied for XRP ETF!
→ SEC Acknowledges 21Shares XRP ETF!
→ RexShares applied for XRP ETF!
→ CoinShares applied for XRP ETF!
→ Wisdom Tree applied for XRP ETF!
→ Canary Capital applied for XRP ETF!
→ Memx Exchange applied for XRP ETF!
→ Bitwise was the Pioneer in filing for XRP ETF! Is Bitwise the 1st one to get ETF approval?
🤓For ALL the Newbies → The ALL-IN-ONE HANDBOOK for BEGINNERS! 👍
🚨Attention: Please keep in mind that cryptocurrency investments and trades always come with risks, and market conditions can change quickly! 👍
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