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The Crypto Basic
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Crypto brokerage firm Paxos continues with its international expansion after receiving two in-principle approvals in Abu Dhabi.
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“‘Fake Money Is Dead’ — Kiyosaki Urges Everyone to Own Bitcoin Now!”
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Now, with #XRP trading below $2.2 and inside the wedge, EGRAG has pointed out five price levels it must conquer to flip bullish, with one of them being his “go-go signal.” The first level is the $2.3 price level, which XRP has failed to claim since May 29. The second level is the $2.35 mark, an important point for bullish continuation. Meanwhile, EGRAG has identified the $2.36 price as the third price target. He suggests XRP would finally break out of the mega falling wedge pattern once it reclaims this level. From here, the next price target rests on the $2.45 mark, representing a two-week high. Importantly, the analyst singled out the next target at $2.65 as the “go-go signal.” This indicates that once XRP reclaims this level, which it has traded below for nearly a month, it would represent the signal of an imminent breakout from the current bearish phase. While EGRAG failed to present any price target in this analysis, it had in the past projected rallies to greater heights. In particular, the $27 target remains his consistent goal, which he believes XRP has the potential to claim during the ongoing bull run. #CryptoNewss
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Trump Media has filed a Form S-3 registration statement with the U.S. Securities and Exchange Commission following a $2.3 billion raise to build one of the largest #Bitcoin treasuries. #Crypto
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“Can PEPE Survive the Bear Attack? Critical Support at $0.00001108 Tested!”
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Now, with the #XRP price rebounding beyond the $0.5 on the back of the U.S. elections last November, XRP dominance soared to a four-year peak of 5.58% by January. Despite a drop alongside XRP’s price pullback to the $2 lows, dominance currently sits at 3.97%. However, some XRP market commentators believe XRP dominance could soar beyond the 31.33% peak to reach a new all-time high of 40%. Before this can happen, XRP would need to capture a lot of the market share from Ethereum and Bitcoin. For context, Bitcoin dominance currently sits at 64.15%, the largest for any single crypto asset. Meanwhile, Ethereum dominance stands at 9.71%, the second largest. At these dominance figures, Bitcoin has a market cap of $314.5 billion, while Bitcoin boasts a valuation of $2.08 trillion.1111
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