Qasim Gureja
Open Trade
XRP Holder
Frequent Trader
4.8 Years
My passion for the forex and crypto markets goes beyond the surface. I constantly stay updated with the latest trends, news, and regulations to ensure that my c
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Crypto Market Outlook – Mid-June 2025
📊 Crypto Market Outlook – Mid-June 2025
The crypto market caps above $3.3T, holding strong despite macro uncertainty.
🚀 Top Trends: • BTC consolidates ~$105K, steady as ever
• ETH leads altcoins – up 40%+ in May
• Stablecoins hit record $250B+
• Altcoin season? SOL, XRP, BCH gaining momentum
• Institutions entering: ETFs, Gemini IPO, family office flows
• Regulations heating up: US stablecoin bill passes Senate, MiCA reshapes EU landscape
⚠️ Keep an eye on Fed policy + Middle East tension.
📈 Outlook: Long-term bullish 🔥, short-term cautious 🧠
#Stablecoins #CryptoRegulation #BTC #ETH #Altcoins
The crypto market caps above $3.3T, holding strong despite macro uncertainty.
🚀 Top Trends: • BTC consolidates ~$105K, steady as ever
• ETH leads altcoins – up 40%+ in May
• Stablecoins hit record $250B+
• Altcoin season? SOL, XRP, BCH gaining momentum
• Institutions entering: ETFs, Gemini IPO, family office flows
• Regulations heating up: US stablecoin bill passes Senate, MiCA reshapes EU landscape
⚠️ Keep an eye on Fed policy + Middle East tension.
📈 Outlook: Long-term bullish 🔥, short-term cautious 🧠
#Stablecoins #CryptoRegulation #BTC #ETH #Altcoins
Bitcoin Weekly Outlook (June 16–23, 2025)
📌 Today's Snapshot
Current price: ~$106,957 – up about 1.89% intraday, recovering from earlier dips reaching ~$104.6K.
Context: Price gained $106.8K) after geopolitical dips, remaining $112K).
📊 Technical Landscape
Support zones:
$104K–$105K demand zone confirmed (rebounded from there).
$102K (200‑EMA) is critical; daily close below might deepen correction toward $98K.
Resistance levels:
Short-term: $108K–$110K (as flagged by liquidity zones).
Key ceiling: $112K (May ATH). Breakout could open path to $120K–$137K.
Indicators:
4‑hour momentum and volume turned positive; bullish alignment across EMAs supports upside.
Volatility remains subdued—market shifting into steady rally phase.
🔮 Weekly Scenarios (June 16–23)
Scenario Outlook
Base case Price retests $104K–$105K, then rebounds toward $108K–$112K
Bullish case Break above $112K, aiming for $120K–$137K
Bearish case Drop below $102K → potentially deeper correction toward $98K
Base case favoured: support at $104K–$105K looks strong per 4‑h chart; next bounce likely.
🧭 Macro & Sentiment Drivers
Geopolitics: Israel–Iran tensions caused initial sell-off, but eased sentiment helped rebound. Continued conflict could test anew; experts say BTC stays above $100K unless escalation intensifies.
Inflation & Fed: Cooling CPI and potential Fed rate cuts support risk asset rally, fueling recent move toward record highs.
Institutional flows: ETFs (~$132 B in assets), corporate treasury accumulation, and whale positioning remain key bullish drivers.
Market sentiment: Transition from high volatility to stable strength underpinned by real‑world adoption trends.
✅ Trading & Investment Tips
Short-term traders: Consider buying near $104K–$105K, with a tight stop below ~$102K.
Medium-term investors: Accumulation on dips is advisable; trend remains bullish above $100K.
Risk control: Only a sustained breakdown below $102K would invalidate the bullish structure.
$BTC #ATH #TrumpBTCTreasury #MetaplanetBTCPurchase #TrumpTariffs
Current price: ~$106,957 – up about 1.89% intraday, recovering from earlier dips reaching ~$104.6K.
Context: Price gained $106.8K) after geopolitical dips, remaining $112K).
📊 Technical Landscape
Support zones:
$104K–$105K demand zone confirmed (rebounded from there).
$102K (200‑EMA) is critical; daily close below might deepen correction toward $98K.
Resistance levels:
Short-term: $108K–$110K (as flagged by liquidity zones).
Key ceiling: $112K (May ATH). Breakout could open path to $120K–$137K.
Indicators:
4‑hour momentum and volume turned positive; bullish alignment across EMAs supports upside.
Volatility remains subdued—market shifting into steady rally phase.
🔮 Weekly Scenarios (June 16–23)
Scenario Outlook
Base case Price retests $104K–$105K, then rebounds toward $108K–$112K
Bullish case Break above $112K, aiming for $120K–$137K
Bearish case Drop below $102K → potentially deeper correction toward $98K
Base case favoured: support at $104K–$105K looks strong per 4‑h chart; next bounce likely.
🧭 Macro & Sentiment Drivers
Geopolitics: Israel–Iran tensions caused initial sell-off, but eased sentiment helped rebound. Continued conflict could test anew; experts say BTC stays above $100K unless escalation intensifies.
Inflation & Fed: Cooling CPI and potential Fed rate cuts support risk asset rally, fueling recent move toward record highs.
Institutional flows: ETFs (~$132 B in assets), corporate treasury accumulation, and whale positioning remain key bullish drivers.
Market sentiment: Transition from high volatility to stable strength underpinned by real‑world adoption trends.
✅ Trading & Investment Tips
Short-term traders: Consider buying near $104K–$105K, with a tight stop below ~$102K.
Medium-term investors: Accumulation on dips is advisable; trend remains bullish above $100K.
Risk control: Only a sustained breakdown below $102K would invalidate the bullish structure.
$BTC #ATH #TrumpBTCTreasury #MetaplanetBTCPurchase #TrumpTariffs
Polkadot (DOT) Weekly Outlook: Consolidation Holds at $3.80 as Ecosystem Catalysts Emerge
Polkadot (DOT) Weekly Outlook – June 15, 2025
As the crypto market navigates a cautious phase, Polkadot (DOT) continues to show signs of resilience. Currently trading around $3.80, DOT has held steady within its recent range, even as broader market sentiment remains mixed. This week’s outlook hinges on key ecosystem developments, governance activity, and technical levels that could define DOT's near-term direction.
🔍 Current Technical Picture
Price: ~$3.80
Support Zone: $3.70–$3.80
Resistance Range: $4.80–$5.00
Polkadot is consolidating near the lower end of its recent range. If selling pressure increases, a drop toward $3.50 is possible. However, technical analysts are watching for a bullish breakout above $4.80, which could trigger momentum toward $5.20 and beyond.
📈 Forecasted Weekly Range
Bearish Scenario: $3.50–$3.70
Bullish Scenario: $5.00–$5.20
This implies a potential price swing of ±30%, depending on broader market trends and on-chain triggers.
🔑 Key Catalysts to Watch
1. Bitcoin Reserve Proposal
A major governance proposal is stirring debate within the Polkadot community. The treasury may allocate 500,000 DOT (worth ~$1.9M) to convert into Bitcoin via dollar-cost averaging. Advocates see this as a defensive diversification strategy; critics argue it could drain funds from ecosystem development.
2. Real-World Use Cases Expanding
The launch of a Polkadot-branded debit card in Europe via Nova Wallet and Mercuryo is a tangible step toward mainstream adoption. This allows users to spend DOT like fiat, boosting its utility.
3. App Ecosystem & Accessibility
A public U.S. launch of the new Polkadot App (iOS/Android) is expected by the end of June. Backed by Referendum #1573, the app aims to simplify access to wallets, staking, and governance.
🧠 Sentiment & Analyst Viewpoints
Analysts maintain a neutral-to-bullish stance. While short-term caution is warranted due to macro uncertainty, Polkadot is frequently ranked as a long-term value pick among Layer-0 chains. Some forecasts suggest a move to $10 by Q3–Q4 2025 if current upgrades and adoption trends continue.
✅ Strategy Summary
Conservative Play: Accumulate on dips below $3.70. Ideal for risk-averse traders focused on long-term staking rewards.
$DOT
As the crypto market navigates a cautious phase, Polkadot (DOT) continues to show signs of resilience. Currently trading around $3.80, DOT has held steady within its recent range, even as broader market sentiment remains mixed. This week’s outlook hinges on key ecosystem developments, governance activity, and technical levels that could define DOT's near-term direction.
🔍 Current Technical Picture
Price: ~$3.80
Support Zone: $3.70–$3.80
Resistance Range: $4.80–$5.00
Polkadot is consolidating near the lower end of its recent range. If selling pressure increases, a drop toward $3.50 is possible. However, technical analysts are watching for a bullish breakout above $4.80, which could trigger momentum toward $5.20 and beyond.
📈 Forecasted Weekly Range
Bearish Scenario: $3.50–$3.70
Bullish Scenario: $5.00–$5.20
This implies a potential price swing of ±30%, depending on broader market trends and on-chain triggers.
🔑 Key Catalysts to Watch
1. Bitcoin Reserve Proposal
A major governance proposal is stirring debate within the Polkadot community. The treasury may allocate 500,000 DOT (worth ~$1.9M) to convert into Bitcoin via dollar-cost averaging. Advocates see this as a defensive diversification strategy; critics argue it could drain funds from ecosystem development.
2. Real-World Use Cases Expanding
The launch of a Polkadot-branded debit card in Europe via Nova Wallet and Mercuryo is a tangible step toward mainstream adoption. This allows users to spend DOT like fiat, boosting its utility.
3. App Ecosystem & Accessibility
A public U.S. launch of the new Polkadot App (iOS/Android) is expected by the end of June. Backed by Referendum #1573, the app aims to simplify access to wallets, staking, and governance.
🧠 Sentiment & Analyst Viewpoints
Analysts maintain a neutral-to-bullish stance. While short-term caution is warranted due to macro uncertainty, Polkadot is frequently ranked as a long-term value pick among Layer-0 chains. Some forecasts suggest a move to $10 by Q3–Q4 2025 if current upgrades and adoption trends continue.
✅ Strategy Summary
Conservative Play: Accumulate on dips below $3.70. Ideal for risk-averse traders focused on long-term staking rewards.
$DOT
🌐 XRP Today: Market Tensions & Sudden Dips
XRP faced notable volatility today, dropping to around $2.10, with a decline of nearly 5–6% in the last 24 hours. This movement comes amid heightened global uncertainty triggered by escalating tensions between 🇮🇱 Israel and 🇮🇷 Iran.
🔍 What’s Happening?
A sharp geopolitical flare-up—let’s call it a “shadow event”—sent shockwaves across global markets. While commodities like oil and gold surged as investors looked for safety, riskier assets like cryptocurrencies took a hit.
📉 XRP's Reaction
XRP dipped from $2.25 to as low as $2.00 in intraday trading.
It lost key support at around $2.11, making further dips possible if instability continues.
Long positions worth millions were liquidated as traders rushed to reduce exposure.
🧭 Why This Matters
Crypto assets like XRP often behave like high-risk tech stocks—they're sensitive to fear. When a “shadow event” erupts between nations like 🇮🇷 and 🇮🇱, the market shifts quickly to safety, punishing speculative assets.
🛡️ What’s Next for XRP?
Watch the $2.09–$2.11 range: a break below could trigger steeper falls.
A recovery above $2.25 might indicate renewed strength.
Long-term investors may view this dip as a buying opportunity, especially if the global situation stabilizes soon.
XRP faced notable volatility today, dropping to around $2.10, with a decline of nearly 5–6% in the last 24 hours. This movement comes amid heightened global uncertainty triggered by escalating tensions between 🇮🇱 Israel and 🇮🇷 Iran.
🔍 What’s Happening?
A sharp geopolitical flare-up—let’s call it a “shadow event”—sent shockwaves across global markets. While commodities like oil and gold surged as investors looked for safety, riskier assets like cryptocurrencies took a hit.
📉 XRP's Reaction
XRP dipped from $2.25 to as low as $2.00 in intraday trading.
It lost key support at around $2.11, making further dips possible if instability continues.
Long positions worth millions were liquidated as traders rushed to reduce exposure.
🧭 Why This Matters
Crypto assets like XRP often behave like high-risk tech stocks—they're sensitive to fear. When a “shadow event” erupts between nations like 🇮🇷 and 🇮🇱, the market shifts quickly to safety, punishing speculative assets.
🛡️ What’s Next for XRP?
Watch the $2.09–$2.11 range: a break below could trigger steeper falls.
A recovery above $2.25 might indicate renewed strength.
Long-term investors may view this dip as a buying opportunity, especially if the global situation stabilizes soon.
From Barter to Blockchain: The Evolution of Money and the Rise of Crypto
Introduction
Money is something we all use, yet few truly understand its origins and where it's heading. From ancient trade to digital tokens, the story of money is the story of civilization itself. As cryptocurrencies like Bitcoin and Ethereum disrupt the global financial system, one question becomes increasingly urgent: What comes next?
In this blog, we’ll explore how the monetary system began, how it evolved, and what role crypto is set to play in its future.
The Origins of Money
Before money existed, people traded goods and services directly—a system known as barter. While simple, barter was inefficient. It relied on both parties wanting what the other offered. The solution? A universal medium of exchange.
Early civilizations began using commodities like salt, cattle, and gold. Eventually, gold and silver coins became dominant due to their durability and universal acceptance.
Paper Money and the Birth of Modern Banking
Paper money first appeared in 11th-century China. In Europe, it gained popularity through banks issuing notes that could be exchanged for gold or silver. This led to the gold standard, where a country’s currency was directly tied to a specific amount of gold.
However, by the mid-20th century—especially after the Great Depression and World Wars—governments needed more control. In 1971, the United States ended the gold standard entirely. From then on, money became fiat—backed by government trust rather than a physical asset.
The Digital Shift: Enter Cryptocurrency
The 2008 financial crisis exposed flaws in the centralized banking system: corruption, lack of transparency, and risky financial practices. In response, Bitcoin emerged in 2009 as the world’s first decentralized digital currency.
Bitcoin introduced a radical idea: a peer-to-peer, trustless financial system, maintained not by banks, but by code and cryptography. This was made possible by blockchain technology, a decentralized ledger where all transactions are permanently recorded and publicly verifiable.
Beyond Bitcoin: A Growing Crypto Ecosystem
Since Bitcoin, the crypto world has expanded rapidly:
Ethereum introduced smart contracts—programs that run automatically on the blockchain.
Ripple (XRP) focused on fast cross-border transactions.
Solana, Avalanche, and others aim to solve blockchain’s scalability issues.
At the same time, DeFi (Decentralized Finance) has enabled borrowing, lending, and trading without intermediaries.
The Future of Crypto and Money
1. Central Bank Digital Currencies (CBDCs)
Governments are developing their own digital currencies. Unlike crypto, CBDCs are centralized but aim to modernize national payment systems with greater efficiency and security.
2. Increased Regulation
As adoption grows, regulations are tightening. While some fear government crackdowns, clear laws may actually encourage mainstream and institutional adoption.
3. DeFi and Financial Inclusion
Decentralized Finance has the potential to bank the unbanked, offering global access to loans, savings, and insurance—without needing a traditional bank.
4. Asset Tokenization
Imagine owning a fraction of a real estate project or art piece. Tokenization allows real-world assets to be represented as digital tokens, increasing liquidity and democratizing investment.
5. Interoperability and Usability
Future blockchains will be faster, cheaper, and more user-friendly. Wallets, apps, and platforms are becoming intuitive enough for everyday use.
Conclusion: A New Era of Money
From cowry shells to cryptocurrencies, money has always evolved to meet the needs of society. Today, we stand at a financial crossroads. Crypto is not just a passing trend it’s a technological and philosophical revolution.
While the road ahead includes challenge regulation, education, volatility crypto is poised to play a major role in the next chapter of financial history.
If the past tells us anything, it’s that money never stays the same for long. And with crypto, the future has already begun.
💬 What do you think? Is crypto the next monetary system or just a digital experiment? Let’s discuss in the comments.
Money is something we all use, yet few truly understand its origins and where it's heading. From ancient trade to digital tokens, the story of money is the story of civilization itself. As cryptocurrencies like Bitcoin and Ethereum disrupt the global financial system, one question becomes increasingly urgent: What comes next?
In this blog, we’ll explore how the monetary system began, how it evolved, and what role crypto is set to play in its future.
The Origins of Money
Before money existed, people traded goods and services directly—a system known as barter. While simple, barter was inefficient. It relied on both parties wanting what the other offered. The solution? A universal medium of exchange.
Early civilizations began using commodities like salt, cattle, and gold. Eventually, gold and silver coins became dominant due to their durability and universal acceptance.
Paper Money and the Birth of Modern Banking
Paper money first appeared in 11th-century China. In Europe, it gained popularity through banks issuing notes that could be exchanged for gold or silver. This led to the gold standard, where a country’s currency was directly tied to a specific amount of gold.
However, by the mid-20th century—especially after the Great Depression and World Wars—governments needed more control. In 1971, the United States ended the gold standard entirely. From then on, money became fiat—backed by government trust rather than a physical asset.
The Digital Shift: Enter Cryptocurrency
The 2008 financial crisis exposed flaws in the centralized banking system: corruption, lack of transparency, and risky financial practices. In response, Bitcoin emerged in 2009 as the world’s first decentralized digital currency.
Bitcoin introduced a radical idea: a peer-to-peer, trustless financial system, maintained not by banks, but by code and cryptography. This was made possible by blockchain technology, a decentralized ledger where all transactions are permanently recorded and publicly verifiable.
Beyond Bitcoin: A Growing Crypto Ecosystem
Since Bitcoin, the crypto world has expanded rapidly:
Ethereum introduced smart contracts—programs that run automatically on the blockchain.
Ripple (XRP) focused on fast cross-border transactions.
Solana, Avalanche, and others aim to solve blockchain’s scalability issues.
At the same time, DeFi (Decentralized Finance) has enabled borrowing, lending, and trading without intermediaries.
The Future of Crypto and Money
1. Central Bank Digital Currencies (CBDCs)
Governments are developing their own digital currencies. Unlike crypto, CBDCs are centralized but aim to modernize national payment systems with greater efficiency and security.
2. Increased Regulation
As adoption grows, regulations are tightening. While some fear government crackdowns, clear laws may actually encourage mainstream and institutional adoption.
3. DeFi and Financial Inclusion
Decentralized Finance has the potential to bank the unbanked, offering global access to loans, savings, and insurance—without needing a traditional bank.
4. Asset Tokenization
Imagine owning a fraction of a real estate project or art piece. Tokenization allows real-world assets to be represented as digital tokens, increasing liquidity and democratizing investment.
5. Interoperability and Usability
Future blockchains will be faster, cheaper, and more user-friendly. Wallets, apps, and platforms are becoming intuitive enough for everyday use.
Conclusion: A New Era of Money
From cowry shells to cryptocurrencies, money has always evolved to meet the needs of society. Today, we stand at a financial crossroads. Crypto is not just a passing trend it’s a technological and philosophical revolution.
While the road ahead includes challenge regulation, education, volatility crypto is poised to play a major role in the next chapter of financial history.
If the past tells us anything, it’s that money never stays the same for long. And with crypto, the future has already begun.
💬 What do you think? Is crypto the next monetary system or just a digital experiment? Let’s discuss in the comments.
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🚨 Ethereum Classic (ETC) Update – June 12, 2025 🚨
🔹 Current Price: ~$17.20 (-5% today)
🔹 Range: $17.08 – $18.13
🔹 Market Cap: ~$2.6B
🔹 24h Volume: ~$170M
📉 Key Support: $17.00
ETC is holding a crucial support level. A bounce could target $19+ in the short term. Failure here might trigger more downside.
📈 Forecasts & Outlook:
Short-term projections show potential upside to ~$19–20
Mid-term outlook cautiously bullish; some models expect $25–30 by year-end
Long-term forecasts vary widely – as high as $50+ or flat near current levels
🛠️ Fundamentals:
Proof-of-Work chain with capped supply (210.7M ETC)
Strongest PoW smart contract hash rate (~300 TH/s)
Network remains secure and EVM compatible
✅ Is It a Good Time to Buy?
If you’re aiming for short-term gains and comfortable with volatility, this could be a good entry zone around $17. Just use tight risk controls. Long-term? It’s a high-risk, high-reward hold better suited for a diversified portfolio.
🔹 Current Price: ~$17.20 (-5% today)
🔹 Range: $17.08 – $18.13
🔹 Market Cap: ~$2.6B
🔹 24h Volume: ~$170M
📉 Key Support: $17.00
ETC is holding a crucial support level. A bounce could target $19+ in the short term. Failure here might trigger more downside.
📈 Forecasts & Outlook:
Short-term projections show potential upside to ~$19–20
Mid-term outlook cautiously bullish; some models expect $25–30 by year-end
Long-term forecasts vary widely – as high as $50+ or flat near current levels
🛠️ Fundamentals:
Proof-of-Work chain with capped supply (210.7M ETC)
Strongest PoW smart contract hash rate (~300 TH/s)
Network remains secure and EVM compatible
✅ Is It a Good Time to Buy?
If you’re aiming for short-term gains and comfortable with volatility, this could be a good entry zone around $17. Just use tight risk controls. Long-term? It’s a high-risk, high-reward hold better suited for a diversified portfolio.
🚨 Polkadot (DOT) Update – June 12, 2025 🚨
🔹 Current Price: ~$3.96 (-6% today)
🔹 Range: $3.92 – $4.20
🔹 Market Cap: ~$6.3B
🔹 24h Volume: ~$300M
📉 Key Support Level: $3.96
A drop below this could open the door for more downside. Holding this line might set up a rebound.
📈 Potential Catalyst:
ETF momentum is building – Nasdaq filed for a Grayscale DOT Trust ETF, and 21Shares is seeking SEC approval for a DOT spot ETF. Big news if approved.
🌐 Ecosystem Growth:
Surge in new user accounts
Polkadot Asset Hub migration scheduled for August
On-chain activity and wallet improvements boosting adoption
🔮 Outlook:
Short-term price action is fragile, but long-term fundamentals remain strong as Polkadot pushes forward in Web3 infrastructure and interoperability.
🔹 Current Price: ~$3.96 (-6% today)
🔹 Range: $3.92 – $4.20
🔹 Market Cap: ~$6.3B
🔹 24h Volume: ~$300M
📉 Key Support Level: $3.96
A drop below this could open the door for more downside. Holding this line might set up a rebound.
📈 Potential Catalyst:
ETF momentum is building – Nasdaq filed for a Grayscale DOT Trust ETF, and 21Shares is seeking SEC approval for a DOT spot ETF. Big news if approved.
🌐 Ecosystem Growth:
Surge in new user accounts
Polkadot Asset Hub migration scheduled for August
On-chain activity and wallet improvements boosting adoption
🔮 Outlook:
Short-term price action is fragile, but long-term fundamentals remain strong as Polkadot pushes forward in Web3 infrastructure and interoperability.
XRP is expected to trade between $2.26 and $2.36 this week. Early week movement should stay steady around $2.26–$2.30, with slight upward momentum midweek. By the weekend, XRP could reach $2.34–$2.36, especially if market sentiment improves around the SEC update on June 16. Overall, analysts expect modest growth with key resistance at $2.30+
The 24-hour bitcoin market decreased 0.3% to $1.2 trillion. Bitcoin lost 0.7%, Ethereum 0.97%, while major cryptocurrencies ranged from -3.4% (Solana) to +4.8% (Polkadot).
Bitcoin failed to gain local upward momentum and continues to challenge the bottom of its last trading range. Risk assets sold off and the dollar rose, sending the first cryptocurrency below $30,000. Failure below allows a larger decline to $28.9K, where the 61.8% Fibonacci retracement and 50-day MA lie.
Ethereum fell to $1890, its four-month low. Short-term traders should watch the momentum at the 50-day average (now $1850), as a break below this level might drop another $100. #BTC #ETH #tradingstrategy
Bitcoin failed to gain local upward momentum and continues to challenge the bottom of its last trading range. Risk assets sold off and the dollar rose, sending the first cryptocurrency below $30,000. Failure below allows a larger decline to $28.9K, where the 61.8% Fibonacci retracement and 50-day MA lie.
Ethereum fell to $1890, its four-month low. Short-term traders should watch the momentum at the 50-day average (now $1850), as a break below this level might drop another $100. #BTC #ETH #tradingstrategy
Crypto community criticises Ripple's SEC win. Experts say Ripple's non-security status permits XRP and its creators to dump token holdings, boosting exchange selling pressure.
Crypto founders and developers "pumping and dumping" coins triggered massive market losses. XRP's non-security status may incentivize such attempts, damaging ecosystem participants.
XRP's "non-security" status threatens other cryptocurrencies.
Post-judgment XRP soared 74%. Cryptographers disagree. These pundits spotted weaknesses in Judge Torres' XRP decision that could hurt ecosystem traders.
dYdX founder Antonio Juliano asks how XRP, which has no purpose other than to be dumped in the market, is not a security for other cryptocurrencies.
Juliano cautions crypto investors of "pump and dump" schemes.
Crypto founders and developers "pumping and dumping" coins triggered massive market losses. XRP's non-security status may incentivize such attempts, damaging ecosystem participants.
XRP's "non-security" status threatens other cryptocurrencies.
Post-judgment XRP soared 74%. Cryptographers disagree. These pundits spotted weaknesses in Judge Torres' XRP decision that could hurt ecosystem traders.
dYdX founder Antonio Juliano asks how XRP, which has no purpose other than to be dumped in the market, is not a security for other cryptocurrencies.
Juliano cautions crypto investors of "pump and dump" schemes.
According to a federal judge, the Ripple Labs token (XRP) is only a security when it is offered to institutional investors and not to the general public. The verdict results in a split victory for the SEC and a resounding victory for Ripple investors.
The SEC's claim that XRP is a security is partially dismissed, according to New York District Judge Analisa Torres, who also determined that Ripple's XRP is not a security.
XRP institutional sales can be considered securities.
The rule is regarded as a historic choice that could have profound effects on the sector.
As investors reacted to the news, the ripple price surged, rising 30% from a low of 0.46926 to a high of 0.64888.
The SEC's claim that XRP is a security is partially dismissed, according to New York District Judge Analisa Torres, who also determined that Ripple's XRP is not a security.
XRP institutional sales can be considered securities.
The rule is regarded as a historic choice that could have profound effects on the sector.
As investors reacted to the news, the ripple price surged, rising 30% from a low of 0.46926 to a high of 0.64888.
A major increase in the price of Bitcoin (BTC), which is currently valued at $30,800, may occur as a result of the United States dollar's decline, which has now reached a 15-month low.
A well-known trader by the name of Moustache tweeted on July 11 that there are favourable conditions for Bitcoin to continue its historical price pattern.
This year, the U.S. Dollar Index (DXY) is very significant for Bitcoin, despite the fact that it no longer exhibits the same negative association with the strength of the dollar that it did in the past. However, traders' attention has been drawn to the DXY's recent moves.
The DXY is approaching the crucial support level of 100, which it has not tested for, according to data from Coin Telegraph Markets Pro and Trading View.
A well-known trader by the name of Moustache tweeted on July 11 that there are favourable conditions for Bitcoin to continue its historical price pattern.
This year, the U.S. Dollar Index (DXY) is very significant for Bitcoin, despite the fact that it no longer exhibits the same negative association with the strength of the dollar that it did in the past. However, traders' attention has been drawn to the DXY's recent moves.
The DXY is approaching the crucial support level of 100, which it has not tested for, according to data from Coin Telegraph Markets Pro and Trading View.
Uniswap's trading volume rose by 10%, outperforming Bitcoin and Cardano networks. Despite being ranked 24th in market capitalization, Uniswap has seen significant crypto trading activity. Experts predict that decentralized derivatives, like Uniswap, will be the focus of the next DeFi boom. Apollo Capital's CIO, Henrik Andersson, believes on-chain derivatives are the next growth sector in DeFi. The FTX incident has boosted decentralized exchanges, with Uniswap being the top beneficiary.
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