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Grayscale Takes Another Step Towards $XRP Spot ETF
NYSE #Arca has filed with the SEC to convert the Grayscale XRP Trust into a spot ETF. This move follows Grayscale's recent victory against the #SEC regarding the conversion of its Bitcoin Trust into a spot #ETF . The filing marks a significant step in the ETF approval process. If approved, the XRP Trust would become the first spot crypto ETF in the US, offering investors a regulated way to gain exposure to XRP. The trust currently holds approximately $16.1 million in assets.
🔔 Price of XRP has decreased by -2.26% in the past 7d. Ripple (XRP) 🔸 Price: $3.09 USD 🔸 24hr Change: -1.10% 🔸 7d Change: -0.6918% 🔸 24hr High: 3.15 USD 🔸 24hr Low: 3.06 USD
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🔔 Price of $BNB has decreased by -2.56% in the past 7d. 🔸 Summary:The price of BNB has decreased by 2.56% over the past week, currently standing at $687.80 after a 3.75% drop from its 7-day high of $714.60.
📈 Technicals: The #MACD indicates a bullish trend with upward price momentum, while the #RSI shows a neutral but potentially bearish sentiment, the #OBV confirms bearish market sentiment with continued selling pressure, and the contracting Bollinger Bands suggest decreased volatility and a bearish trend with potential oversold conditions.
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Here's a Binance Square post celebrating the new Trade & PNL Sharing feature and participating in the campaign: Trading Journey Unlocked! 🎉 I'm excited to share my 30-Day Account Portfolio Distribution using the new Trade & PNL Sharing feature! This feature is awesome – super easy to use and a great way to track and visualize my trading performance. Want to join the fun and share in a $4,500 USDC prize pool? Simply use the Trade & PNL Sharing feature to showcase your trading journey. #Binance #TradeAndPNL #TradingJourney #CryptoRewards Remember to:
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Good luck, traders! Let's see those portfolios! 🚀 Additional Tips:
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braightest points for todays liquidation count was DOGE XRP BTC $BNB
BNB almost as green as USDC
Summary:The price of BNB has decreased by 2.45% over the past 7 days, currently standing at $690.53 after a 7.35% drop from a 7-day high of $745.29. The trading volume has significantly decreased by 99.63%, which coincides with the decrease in BNB's price over the same period.
Technicals: The MACD and OBV indicators suggest a bearish trend with a lack of buying momentum and continued selling pressure, while the expanding Bollinger Bands indicate increased market volatility and potential overbought conditions.
The past week has seen a bearish trend for BNB, with the price dropping by 7.35% to $690.53. This decline is accompanied by a significant decrease in trading volume, suggesting lower investor activity. The chart shows a series of red candlesticks, indicating consistent downward pressure on the price.