Bitcoin's Early Stage Valuation Discussed by Blockstream Co- | Munim8785 on Binance Square

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Bitcoin's Early Stage Valuation Discussed by Blockstream Co-FounderAccording to PANews, Adam Back, a prominent figure in the Cypherpunk movement and co-founder of Blockstream, recently commented on the current state of Bitcoin. He stated, "We are still in the early stages, and Bitcoin remains inexpensive."
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#xrpetf The U.S. Securities and Exchange Commission (SEC) has approved ProShares Trust's XRP Futures Exchange-Traded Fund (ETF), set to launch on April 30, 2025. This marks a significant milestone for XRP, providing institutional and retail investors with regulated exposure to the cryptocurrency through futures contracts. It's important to note that this ETF is based on XRP futures, not the actual spot price of XRP. While this development is a step forward, the approval of a spot XRP ETF in the U.S. remains pending and is contingent upon the resolution of ongoing legal proceedings between Ripple Labs and the SEC. Internationally, Brazil's B3 exchange recently launched XRPH11, the world's first spot XRP ETF, managed by Hashdex. This move has set a precedent and may influence future regulatory decisions in other jurisdictions. As of now, XRP is trading at approximately $2.24. Market analysts suggest that the introduction of the futures-based ETF could enhance liquidity and attract new investors, potentially impacting XRP's price dynamics. For a more in-depth analysis of the XRP ETF approval and its implications, you might find this video informative:

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#BTCvsMarkets $BTC both Bitcoin and U.S. stock markets are experiencing significant gains, reflecting a broad-based rally across financial markets. 📊 Market Overview *Bitcoin (BTC)* - *Current Price*: 92,995 - *Intraday Range*:91,810 – 94,147 - *24-Hour Change*: -0.93 - *Market Cap*: Approximately1.83 trillion Bitcoin has maintained its position above the 92,000 mark, consolidating after a recent surge driven by easing trade tensions and increased institutional investment. Analysts suggest monitoring macroeconomic indicators as market sentiment remains cautious amid geopolitical uncertainties. *U.S. Stock Markets* - *S P 500 (SPY)*:544.43 (+1.68%) - *Nasdaq 100 (QQQ)*: 465.09 (+2.32 - *Dow Jones (DIA)*:399.69 (+0.96%) The U.S. stock markets have rebounded strongly, with the Nasdaq leading the gains due to a tech sector rally. Investors are optimistic following positive earnings reports and indications of easing trade tensions. $BTC

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