Ripple Labs has officially received approval from the New Yo | learn4Dbest on Binance Square

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Ripple Labs has officially received approval from the New York Department of Financial Services (NYDFS) for its upcoming RLUSD stablecoin. This move, as a result, marks a key development for Ripple as it prepares to launch a new stablecoin, pegged to the US dollar, and expand its presence in the cryptocurrency market. #BTC☀ #XRPGoal # 

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I am planning to hold for few days what your pov ? Looking forward to hearing folks

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Very clear person !

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Resistance at $199.05: This is a critical level. If the price breaks above this with strong momentum, you could see further upside. Support at $197.50 (EMA 25): This acts as near-term support. If the price dips below this, it might indicate weakening bullish momentum

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An interesting point. The U.S. dollar is the dominant trading pair for most cryptocurrencies, and the U.S. plays a crucial role in the global financial system. However, whether the U.S. will “save” the crypto market depends on several factors: 1. Regulation and Government Stance – The U.S. government has been cracking down on crypto with regulations, lawsuits (SEC vs. Binance, Coinbase, etc.), and stricter compliance rules. If regulations become too restrictive, it could push crypto activity offshore rather than “saving” the market. 2. Institutional Adoption – Large U.S. institutions like BlackRock, Fidelity, and others are increasingly involved in crypto (e.g., Bitcoin ETFs). Their participation could legitimize and stabilize the market, but it also means more regulatory oversight. 3. Dollar as the Primary Trading Pair – Since most crypto trades are done in USD, a strong U.S. economy and stable dollar benefit the market. However, the rise of central bank digital currencies (CBDCs) or alternative trading pairs (like stablecoins in other currencies) could reduce U.S. dominance over time. 4. Geopolitical and Global Factors – Crypto is a global market, with significant activity in Asia, the Middle East, and Europe. If the U.S. restricts crypto too much, other countries (like UAE, Singapore, or Hong Kong) may take the lead in fostering innovation. My POV: The U.S. has the power to influence and stabilize the crypto market due to its financial dominance, but it’s not guaranteed to “save” it. If regulations strike the right balance, institutional investment could help crypto grow. But if the government overregulates, the market might shift to more crypto-friendly regions. Crypto’s decentralized nature means it won’t rely solely on the U.S. for survival, but the U.S. still plays a key role in its mainstream adoption. What do you think—do you see the U.S. as a positive or a risk factor for crypto’s future?

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China is not big importer of US oil 😂

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