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📉 Why Markets Are Falling Gold and silver have reached historic highs: 🥇 Gold — $27 trillion (+$6 trillion in a few months) 🥈 Silver — $2.7 trillion When traditional assets grow like this, they pull liquidity from other markets. Money flows out of crypto into gold and silver. 🐻 The rise in metals signals economic weakness. 🇺🇸 At the same time, the US shutdown and rising inflation expectations only increase fear. According to the New York Fed, inflation forecasts are at a 3-year peak. 😥 If this continues, the Fed won’t be able to cut rates quickly, and liquidity will tighten. That’s why markets are nervous. #BTC #BITCOIN
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🪙 $XRP Mirrors Gold as a Reserve and Settlement Asset Versan Aljarrah, co-founder of Black Swan Capitalist, recently shared his perspective on XRP’s evolving role within the financial system. In a market often driven by speculation, some experts like him continue to focus on utility and long-term positioning. His remarks centered on XRP’s potential to function as a reserve and settlement asset, drawing parallels to gold while highlighting its technological advantages. 🔸 XRP as a Digital Reserve Asset Aljarrah described XRP as mirroring gold in its role as a reserve and settlement asset, citing its “speed, divisibility, scalability, and interoperability” as defining strengths. He suggested that institutions are already acting on this perception, stating that they are “quietly accumulating it as a liquid, portable, and regulatory-friendly alternative to physical reserves.” His closing remark, “I’m not wrong, I’m just early,” captured both conviction and patience, traits often seen in early adopters of transformative financial technologies. XRP’s design supports his argument. Created to enable fast cross-border payments, the asset’s transaction speed and low cost have attracted attention from financial institutions exploring digital liquidity solutions. Its scalability allows for consistent performance across high transaction volumes, a quality essential for large-scale settlement systems. Unlike physical commodities, XRP’s digital nature makes it easily transferable without logistical barriers. 🔸 Institutional Attraction and Technological Strength Aljarrah’s comparison between XRP and gold aligns with a broader shift among institutional investors seeking digital equivalents to traditional assets. Gold has historically served as a store of value and reserve instrument, but it lacks the transactional efficiency that modern financial systems demand. #XRP , with its interoperability across networks, suggests a bridge between traditional and digital financial infrastructure.
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🪙 $LINK is following the scenario Around 20 days ago, I shared my thoughts on the emerging trend of L1 blockchains launched by major corporations — and the potential profit opportunities I see within it. 🔤 The key takeaway for me remains the same: buying oracle tokens, particularly LINK. So far, the token’s price action has been moving according to my scenario. The price bounced off the $19.9 level and showed a moderate upward move. There’s a chance we could see a retest of that level, but overall, this doesn’t change my broader outlook. #LINK #Chainlink
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🟡 #CZ Family Office Kickstarts $1 Billion Builder Fund on BNB YZi Labs, the venture office of Binance co-founder Changpeng Zhao and formerly known as Binance Labs, is creating a $1 billion fund to support long-term builders in the BNB ecosystem, the firm announced on Wednesday. The fund will focus particularly on builders developing on BNB Chain in areas like trading, real-world assets, artificial intelligence, and decentralized science (DeSCI) and finance (DeFi). “The $1b fund size proves YZi Labs’ commitment to support new and emerging projects building on BNB Chain," a representative for the firm told Decrypt. "We welcome builders with all backgrounds. Even if teams haven’t previously built on BNB Chain, if YZi Labs recognizes their potential and they’re willing to build within the ecosystem, we’ll connect them with the BNB Chain core team, which provides dedicated technical support and resources to assist with onboarding, deployment, and integration." Additionally, the firm’s builder EASY residency program, which provides product start and go-to-market support, is merging with Most Valuable Builder, BNB Chain’s flagship incubator program, starting this October. Selected builders will earn direct support from BNB Chain and YZi Labs and up to $500,000 in funding. 🔸 Builder applications are open on a rolling basis. The firm’s announcement comes amid a surge in activity on BNB Chain in which more than 26 million transactions occurred on Tuesday, the highest mark recorded since December 2023, according to data from block explorer BSCScan. Meme coins in particular surged on the platform, buoyed by references to Zhao or “CZ” as he’s better known among crypto participants. Multiple tokens jumped more than 1,000% on the day on hundreds of millions in trading volume. BNB Chain’s native token—BNB—has jumped to new all-time highs this week. In the process, the asset overtook Tether’s stablecoin USDT as the third largest crypto asset by market capitalization. #BNB #CZ
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🛑 Pi Coin Price Risks 23% Drop To Historic Lows As Bullish Crossover Fails Pi Coin has been trading sideways for several weeks, showing little momentum despite broader market activity. The altcoin’s consolidation phase now appears to be breaking down as market conditions deteriorate, pushing prices lower. Recent indicators suggest that the token could be heading toward a deeper correction if bearish sentiment persists. 🔸 #PICoin Is Not Following Bitcoin Pi Coin’s correlation to Bitcoin has dropped to a negative 0.24, indicating that it is currently moving independently of the broader crypto market. This detachment is unfavorable, as Bitcoin’s recent gains have historically lifted smaller altcoins. Pi’s inability to follow this pattern highlights weakening investor confidence and diminished market participation. This negative correlation also suggests that Pi Coin may struggle to capitalize on Bitcoin’s rally in the near term. Without a strong alignment with Bitcoin’s bullish cycle, Pi Coin risks further downside pressure as investor enthusiasm fades. From a technical standpoint, Pi Coin’s Moving Average Convergence Divergence (MACD) indicator was on the verge of a bullish crossover last week. Such a signal typically marks the beginning of a recovery phase after an extended downtrend. However, worsening market conditions disrupted this momentum, delaying the reversal and extending the token’s two-week bearish streak. The failed crossover highlights the fragile state of Pi Coin’s momentum. Instead of confirming an uptrend, the indicator now suggests continued weakness. 🔸 PI Price Needs To Reclaim Support At the time of writing, Pi Coin is trading at $0.239, just below the $0.240 threshold. The token has declined nearly 9% in the past 24 hours, reflecting growing selling pressure. Unless demand returns, Pi could continue to lose value in the coming days. Based on current indicators, Pi Coin’s price could drop toward $0.200, with a possible retest of its all-time low (ATL) at $0.184—roughly 23% below current levels.
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