Mouh_milano89
Open Trade
High-Frequency Trader
2.3 Years
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#شارك_تداولاتك $CKB
The Nervos CKB (CKByte) is the native currency of the Nervos network, which is a Layer-1 blockchain using Proof-of-Work and allows smart contracts to run via CKB-VM built on RISC-V.
The Nervos CKB (CKByte) is the native currency of the Nervos network, which is a Layer-1 blockchain using Proof-of-Work and allows smart contracts to run via CKB-VM built on RISC-V.
B
CKB/USDT
Price
0.00647
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#EthereumFuture
Ethereum Price Overview:
Ethereum Faces Risk of Falling to $1000 Amid Selling Pressure from DeFi Liquidations
Today's Ethereum Price
Short-term Ethereum holders led the recent selling activity, incurring losses of over $500 million on Monday.
Increased DeFi liquidations could accelerate Ethereum's decline and lead to further liquidations.
Ethereum could drop to $1000 if it breaks below the support level of the descending channel.
Ethereum (ETH) suffered a collapse of over 27% in the past 48 hours, briefly falling to a two-year low of $1410 before recovering to the $1500 level on Monday. According to Coinglass data, the decline triggered $257.87 million in liquidations in the Ethereum derivatives market during this period.
On-chain data also shows that most investors are capitulating, resulting in realized losses for Ethereum exceeding $500 million, according to Santiment. Most recent selling activity comes from coins that were purchased last month, highlighting the strong reaction of short-term holders to bearish price movements.
Furthermore, coins aged between one to two years are joining the sell-off but at a moderate pace.
#EthereumFuture
Ethereum Price Overview:
Ethereum Faces Risk of Falling to $1000 Amid Selling Pressure from DeFi Liquidations
Today's Ethereum Price
Short-term Ethereum holders led the recent selling activity, incurring losses of over $500 million on Monday.
Increased DeFi liquidations could accelerate Ethereum's decline and lead to further liquidations.
Ethereum could drop to $1000 if it breaks below the support level of the descending channel.
Ethereum (ETH) suffered a collapse of over 27% in the past 48 hours, briefly falling to a two-year low of $1410 before recovering to the $1500 level on Monday. According to Coinglass data, the decline triggered $257.87 million in liquidations in the Ethereum derivatives market during this period.
On-chain data also shows that most investors are capitulating, resulting in realized losses for Ethereum exceeding $500 million, according to Santiment. Most recent selling activity comes from coins that were purchased last month, highlighting the strong reaction of short-term holders to bearish price movements.
Furthermore, coins aged between one to two years are joining the sell-off but at a moderate pace.
#EthereumFuture
$TRX
Canary Capital has filed for a U.S. spot ETF that would track the price of Tron’s TRX token and include staking rewards. If approved, it would be the first Tron ETF in the U.S., adding to the wave of altcoin ETF proposals now under SEC review.
💬 Would you invest in a TRX ETF with staking? What’s your view on altcoin ETFs gaining traction?
👉 Create a post with the #TRXETF or the $TRX cashtag, or share your trader’s profile and insights to earn Binance points!
(Press the “+” on the App homepage and click on Task Center)
Activity period: 2025-04-20 06:00 (UTC) to 2025-04-21 06:00 (UTC)
Points rewards are first-come, first-served, so be sure to claim your points daily!
Canary Capital has filed for a U.S. spot ETF that would track the price of Tron’s TRX token and include staking rewards. If approved, it would be the first Tron ETF in the U.S., adding to the wave of altcoin ETF proposals now under SEC review.
💬 Would you invest in a TRX ETF with staking? What’s your view on altcoin ETFs gaining traction?
👉 Create a post with the #TRXETF or the $TRX cashtag, or share your trader’s profile and insights to earn Binance points!
(Press the “+” on the App homepage and click on Task Center)
Activity period: 2025-04-20 06:00 (UTC) to 2025-04-21 06:00 (UTC)
Points rewards are first-come, first-served, so be sure to claim your points daily!
#TRXETF
Canary Capital has filed for a U.S. spot ETF that would track the price of Tron’s TRX token and include staking rewards. If approved, it would be the first Tron ETF in the U.S., adding to the wave of altcoin ETF proposals now under SEC review.
💬 Would you invest in a TRX ETF with staking? What’s your view on altcoin ETFs gaining traction?
👉 Create a post with the #TRXETF or the $TRX cashtag, or share your trader’s profile and insights to earn Binance points!
(Press the “+” on the App homepage and click on Task Center)
Activity period: 2025-04-20 06:00 (UTC) to 2025-04-21 06:00 (UTC)
Points rewards are first-come, first-served, so be sure to claim your points daily!
Canary Capital has filed for a U.S. spot ETF that would track the price of Tron’s TRX token and include staking rewards. If approved, it would be the first Tron ETF in the U.S., adding to the wave of altcoin ETF proposals now under SEC review.
💬 Would you invest in a TRX ETF with staking? What’s your view on altcoin ETFs gaining traction?
👉 Create a post with the #TRXETF or the $TRX cashtag, or share your trader’s profile and insights to earn Binance points!
(Press the “+” on the App homepage and click on Task Center)
Activity period: 2025-04-20 06:00 (UTC) to 2025-04-21 06:00 (UTC)
Points rewards are first-come, first-served, so be sure to claim your points daily!
See original
$ETH
#BinanceAlphaAlert
3 Mistakes Beginners Make in the World of Cryptocurrencies… Avoiding Them Can Save You from Loss!
When I started in the field of cryptocurrencies, I thought it was simple and easy to profit. But after the experience, I discovered that there are recurring mistakes that many beginners make, and I personally fell into them. Here are the top 3:
1. Random Investment Without Research
I often bought cryptocurrencies just because I heard they were going to rise, without understanding their project or goals. The result? Repeated losses.
Advice: Take your time to read the project's information, understand the development team, and what the actual benefit of the currency is.
2. Greed and Not Setting a Profit Target
Once, I made over 30% profit from a certain currency, and instead of selling, I waited for more... The price collapsed, and I lost everything.
Advice: Set a clear profit target, and when you achieve it, sell part of the profits or all of them according to your plan.
3. Neglecting Risk Management
I was putting all my capital into one currency, which is a very dangerous behavior.
Advice: Diversify your capital among more than one currency, and do not risk money you cannot afford to lose.
Conclusion:
These simple mistakes may seem unimportant, but they differentiate between the random trader and the professional.
Have you ever fallen into one of these mistakes? Share your experience in the comments so everyone can benefit.
$BTC $ETH $XRP
#BinanceAlphaAlert
3 Mistakes Beginners Make in the World of Cryptocurrencies… Avoiding Them Can Save You from Loss!
When I started in the field of cryptocurrencies, I thought it was simple and easy to profit. But after the experience, I discovered that there are recurring mistakes that many beginners make, and I personally fell into them. Here are the top 3:
1. Random Investment Without Research
I often bought cryptocurrencies just because I heard they were going to rise, without understanding their project or goals. The result? Repeated losses.
Advice: Take your time to read the project's information, understand the development team, and what the actual benefit of the currency is.
2. Greed and Not Setting a Profit Target
Once, I made over 30% profit from a certain currency, and instead of selling, I waited for more... The price collapsed, and I lost everything.
Advice: Set a clear profit target, and when you achieve it, sell part of the profits or all of them according to your plan.
3. Neglecting Risk Management
I was putting all my capital into one currency, which is a very dangerous behavior.
Advice: Diversify your capital among more than one currency, and do not risk money you cannot afford to lose.
Conclusion:
These simple mistakes may seem unimportant, but they differentiate between the random trader and the professional.
Have you ever fallen into one of these mistakes? Share your experience in the comments so everyone can benefit.
$BTC $ETH $XRP
See original
#TrumpVsPowell
#BinanceAlphaAlert
3 Mistakes Beginners Make in the World of Cryptocurrencies… Avoiding Them Could Save You from Losses!
When I started in the field of cryptocurrencies, I thought it was simple and easy to profit. But after experiencing it, I discovered that there are recurring mistakes many beginners make, and I personally fell into them. Here are the top 3:
1. Random Investment Without Study
I often bought cryptocurrencies just because I heard they would rise, without understanding their project or goals. The result? Repeated losses.
Advice: Take your time to read the project information, understand the development team, and what the actual benefit of the coin is.
2. Greed and Not Setting a Profit Goal
Once, I made more than 30% profit from a certain coin, and instead of selling, I waited for more... The price collapsed, and I lost everything.
Advice: Set a clear profit target, and when you achieve it, sell part of the profits or all of them according to your plan.
3. Neglecting Risk Management
I used to put my entire capital into one coin, which is an extremely risky behavior.
Advice: Diversify your capital among multiple coins, and do not risk money you cannot afford to lose.
Conclusion:
These simple mistakes may seem unimportant, but they make the difference between a random trader and a professional one.
Have you fallen into any of these mistakes before? Share your experience in the comments so everyone can benefit.
$BTC $ETH $XRP
#BinanceAlphaAlert
3 Mistakes Beginners Make in the World of Cryptocurrencies… Avoiding Them Could Save You from Losses!
When I started in the field of cryptocurrencies, I thought it was simple and easy to profit. But after experiencing it, I discovered that there are recurring mistakes many beginners make, and I personally fell into them. Here are the top 3:
1. Random Investment Without Study
I often bought cryptocurrencies just because I heard they would rise, without understanding their project or goals. The result? Repeated losses.
Advice: Take your time to read the project information, understand the development team, and what the actual benefit of the coin is.
2. Greed and Not Setting a Profit Goal
Once, I made more than 30% profit from a certain coin, and instead of selling, I waited for more... The price collapsed, and I lost everything.
Advice: Set a clear profit target, and when you achieve it, sell part of the profits or all of them according to your plan.
3. Neglecting Risk Management
I used to put my entire capital into one coin, which is an extremely risky behavior.
Advice: Diversify your capital among multiple coins, and do not risk money you cannot afford to lose.
Conclusion:
These simple mistakes may seem unimportant, but they make the difference between a random trader and a professional one.
Have you fallen into any of these mistakes before? Share your experience in the comments so everyone can benefit.
$BTC $ETH $XRP
$SOL
#BinanceLeadsQ1 #BinanceLeadsQ1 So Binance pulling in $2.2 trillion in spot trading in just Q1 2025 is wild. That’s a massive amount of money moving through one platform. The fact that their market share jumped from 38% to 40.7% shows they’re still holding it down as the top CEX, even with all the competition and regulatory stuff going on.
It kind of makes you think—people are still trusting Binance with their trades despite the heat they’ve gotten in the past. Either they’re doing something really right, or the other platforms just aren’t catching up fast enough
#BinanceLeadsQ1 #BinanceLeadsQ1 So Binance pulling in $2.2 trillion in spot trading in just Q1 2025 is wild. That’s a massive amount of money moving through one platform. The fact that their market share jumped from 38% to 40.7% shows they’re still holding it down as the top CEX, even with all the competition and regulatory stuff going on.
It kind of makes you think—people are still trusting Binance with their trades despite the heat they’ve gotten in the past. Either they’re doing something really right, or the other platforms just aren’t catching up fast enough
#SolanaSurge
#BinanceLeadsQ1 #BinanceLeadsQ1 So Binance pulling in $2.2 trillion in spot trading in just Q1 2025 is wild. That’s a massive amount of money moving through one platform. The fact that their market share jumped from 38% to 40.7% shows they’re still holding it down as the top CEX, even with all the competition and regulatory stuff going on.
It kind of makes you think—people are still trusting Binance with their trades despite the heat they’ve gotten in the past. Either they’re doing something really right, or the other platforms just aren’t catching up fast enough
#BinanceLeadsQ1 #BinanceLeadsQ1 So Binance pulling in $2.2 trillion in spot trading in just Q1 2025 is wild. That’s a massive amount of money moving through one platform. The fact that their market share jumped from 38% to 40.7% shows they’re still holding it down as the top CEX, even with all the competition and regulatory stuff going on.
It kind of makes you think—people are still trusting Binance with their trades despite the heat they’ve gotten in the past. Either they’re doing something really right, or the other platforms just aren’t catching up fast enough
#BinanceLeadsQ1
#BinanceLeadsQ1 #BinanceLeadsQ1 So Binance pulling in $2.2 trillion in spot trading in just Q1 2025 is wild. That’s a massive amount of money moving through one platform. The fact that their market share jumped from 38% to 40.7% shows they’re still holding it down as the top CEX, even with all the competition and regulatory stuff going on.
It kind of makes you think—people are still trusting Binance with their trades despite the heat they’ve gotten in the past. Either they’re doing something really right, or the other platforms just aren’t catching up fast enough
#BinanceLeadsQ1 #BinanceLeadsQ1 So Binance pulling in $2.2 trillion in spot trading in just Q1 2025 is wild. That’s a massive amount of money moving through one platform. The fact that their market share jumped from 38% to 40.7% shows they’re still holding it down as the top CEX, even with all the competition and regulatory stuff going on.
It kind of makes you think—people are still trusting Binance with their trades despite the heat they’ve gotten in the past. Either they’re doing something really right, or the other platforms just aren’t catching up fast enough
See original
#MetaplanetBTCPurchase
#PowellRemarks
Summary of Jerome Powell's Speech – April 16, 2025
Jerome Powell, Chairman of the U.S. Federal Reserve, delivered an important speech at the Economic Club in Chicago, addressing the impact of new trade policies – particularly the tariffs imposed by former President Donald Trump – on the U.S. economy.
Key Points:
1. Impact of Tariffs on Inflation and Growth:
Powell warned that tariffs could lead to a significant increase in inflation.
He noted that these trade policies may cause a slowdown in economic growth, creating an environment similar to stagflation (stagnation + inflation).
2. Monetary Policy and Interest Rate Stabilization:
Powell confirmed that the Fed will keep interest rates as they are currently.
He explained that the central bank will hold off on taking any new steps until the effects of the tariffs on the economy are clear.
3. Market Reactions:
Markets immediately declined after the speech; the S&P 500 index dropped by 2.8%.
Treasury yields fell and the U.S. dollar weakened.
Investors considered the speech "tilted towards tightening," especially with Powell's rejection of the idea of Fed intervention to support the markets if
#PowellRemarks
Summary of Jerome Powell's Speech – April 16, 2025
Jerome Powell, Chairman of the U.S. Federal Reserve, delivered an important speech at the Economic Club in Chicago, addressing the impact of new trade policies – particularly the tariffs imposed by former President Donald Trump – on the U.S. economy.
Key Points:
1. Impact of Tariffs on Inflation and Growth:
Powell warned that tariffs could lead to a significant increase in inflation.
He noted that these trade policies may cause a slowdown in economic growth, creating an environment similar to stagflation (stagnation + inflation).
2. Monetary Policy and Interest Rate Stabilization:
Powell confirmed that the Fed will keep interest rates as they are currently.
He explained that the central bank will hold off on taking any new steps until the effects of the tariffs on the economy are clear.
3. Market Reactions:
Markets immediately declined after the speech; the S&P 500 index dropped by 2.8%.
Treasury yields fell and the U.S. dollar weakened.
Investors considered the speech "tilted towards tightening," especially with Powell's rejection of the idea of Fed intervention to support the markets if
See original
#PowellRemarks
#PowellRemarks
Summary of Jerome Powell's Speech – April 16, 2025
Jerome Powell, the Chairman of the U.S. Federal Reserve, delivered an important speech at the Economic Club in Chicago, addressing the impact of new trade policies – particularly the tariffs imposed by former President Donald Trump – on the U.S. economy.
Key Points:
1. The impact of tariffs on inflation and growth:
Powell warned that tariffs could lead to a significant rise in inflation.
He noted that these trade policies could cause economic growth to slow down, creating an environment similar to stagflation (stagnation + inflation).
2. Monetary policy and interest rate stabilization:
Powell confirmed that the Fed will keep interest rates as they currently are.
He clarified that the central bank will wait before taking any new steps until the effects of the tariffs on the economy become clear.
3. Market reactions:
Markets immediately declined after the speech; the S&P 500 index fell by 2.8%.
Treasury yields dropped, and the U.S. dollar weakened.
Investors considered the speech "tilted toward hawkishness," especially with Powell's rejection of the idea of Fed intervention to support the markets in case of a downturn.
4. Challenges facing the Federal Reserve:
Powell emphasized that the Fed is struggling to achieve a balance between the goal of reducing inflation and supporting employment.
Tariffs could hinder this balance and complicate monetary policy further.
#PowellRemarks
Summary of Jerome Powell's Speech – April 16, 2025
Jerome Powell, the Chairman of the U.S. Federal Reserve, delivered an important speech at the Economic Club in Chicago, addressing the impact of new trade policies – particularly the tariffs imposed by former President Donald Trump – on the U.S. economy.
Key Points:
1. The impact of tariffs on inflation and growth:
Powell warned that tariffs could lead to a significant rise in inflation.
He noted that these trade policies could cause economic growth to slow down, creating an environment similar to stagflation (stagnation + inflation).
2. Monetary policy and interest rate stabilization:
Powell confirmed that the Fed will keep interest rates as they currently are.
He clarified that the central bank will wait before taking any new steps until the effects of the tariffs on the economy become clear.
3. Market reactions:
Markets immediately declined after the speech; the S&P 500 index fell by 2.8%.
Treasury yields dropped, and the U.S. dollar weakened.
Investors considered the speech "tilted toward hawkishness," especially with Powell's rejection of the idea of Fed intervention to support the markets in case of a downturn.
4. Challenges facing the Federal Reserve:
Powell emphasized that the Fed is struggling to achieve a balance between the goal of reducing inflation and supporting employment.
Tariffs could hinder this balance and complicate monetary policy further.
$BTC
Bitcoin price eyes breakout as easing trade war tensions and a worsening U.S. bond market drive investor optimism. Wall Street rebounds sharply, while analysts forecast BTC's next move amid macroeconomic uncertain
Bitcoin price eyes breakout as easing trade war tensions and a worsening U.S. bond market drive investor optimism. Wall Street rebounds sharply, while analysts forecast BTC's next move amid macroeconomic uncertain
#BTCRebound
Bitcoin price eyes breakout as easing trade war tensions and a worsening U.S. bond market drive investor optimism. Wall Street rebounds sharply, while analysts forecast BTC's next move amid macroeconomic uncertain
Bitcoin price eyes breakout as easing trade war tensions and a worsening U.S. bond market drive investor optimism. Wall Street rebounds sharply, while analysts forecast BTC's next move amid macroeconomic uncertain
See original
$BTC
The Securities and Exchange Commission and Ripple requested a joint stay of their appeals in order to finalize the settlement terms.
The agreement between Ripple and the U.S. Securities and Exchange Commission to halt legal appeals simply means that both parties want to end the lengthy case that began in 2020 regarding whether XRP is considered a security or not. This move indicates that serious negotiations are currently underway with the aim of reaching a final resolution, which is very important not only for the future of XRP but for the entire cryptocurrency market.
If a settlement is reached, XRP will be considered a digital currency with a clear legal status, which could encourage companies and banks that were previously hesitant to engage with it to start using it, especially in the area of international financial transfers, which is the primary purpose for which XRP was created. Additionally, the conclusion of the case means removing one of the biggest obstacles that has been pressuring the currency's price and preventing it from advancing.
Simply put, this development could be a major turning point, as it opens the door for the return of confidence in XRP, and may encourage other investors and institutions to enter the market after being hesitant due to legal issues.
The Securities and Exchange Commission and Ripple requested a joint stay of their appeals in order to finalize the settlement terms.
The agreement between Ripple and the U.S. Securities and Exchange Commission to halt legal appeals simply means that both parties want to end the lengthy case that began in 2020 regarding whether XRP is considered a security or not. This move indicates that serious negotiations are currently underway with the aim of reaching a final resolution, which is very important not only for the future of XRP but for the entire cryptocurrency market.
If a settlement is reached, XRP will be considered a digital currency with a clear legal status, which could encourage companies and banks that were previously hesitant to engage with it to start using it, especially in the area of international financial transfers, which is the primary purpose for which XRP was created. Additionally, the conclusion of the case means removing one of the biggest obstacles that has been pressuring the currency's price and preventing it from advancing.
Simply put, this development could be a major turning point, as it opens the door for the return of confidence in XRP, and may encourage other investors and institutions to enter the market after being hesitant due to legal issues.
$BTC
So good
So good
$BTC
So good
So good
See original
#BinanceSafetyInsights
The Securities and Exchange Commission and Ripple submitted a joint request to halt their appeals in order to finalize the settlement terms.
The agreement between Ripple and the U.S. Securities and Exchange Commission to pause legal appeals simply means that both parties want to end the long-running case that began in 2020 regarding whether XRP is considered a security or not. This move indicates that real negotiations are currently underway with the aim of reaching a final resolution, which is very important not just for the future of XRP, but for the entire cryptocurrency market.
If a settlement is reached, XRP will be considered a digital currency with a clear legal status, which may lead companies and banks that have been hesitant to engage with it to return to using it, especially in the field of international money transfers, which is the primary area for which XRP was created. Additionally, the conclusion of the case means removing one of the biggest obstacles that has been pressuring the currency's price and preventing it from advancing.
Simply put, this development could be a significant turning point, as it opens the door for the return of confidence in XRP, and may encourage other investors and institutions to enter the market after being hesitant due to legal issues.
The Securities and Exchange Commission and Ripple submitted a joint request to halt their appeals in order to finalize the settlement terms.
The agreement between Ripple and the U.S. Securities and Exchange Commission to pause legal appeals simply means that both parties want to end the long-running case that began in 2020 regarding whether XRP is considered a security or not. This move indicates that real negotiations are currently underway with the aim of reaching a final resolution, which is very important not just for the future of XRP, but for the entire cryptocurrency market.
If a settlement is reached, XRP will be considered a digital currency with a clear legal status, which may lead companies and banks that have been hesitant to engage with it to return to using it, especially in the field of international money transfers, which is the primary area for which XRP was created. Additionally, the conclusion of the case means removing one of the biggest obstacles that has been pressuring the currency's price and preventing it from advancing.
Simply put, this development could be a significant turning point, as it opens the door for the return of confidence in XRP, and may encourage other investors and institutions to enter the market after being hesitant due to legal issues.
See original
#SecureYourAssets
The Securities and Exchange Commission and Ripple submitted a joint request to halt their appeals in order to finalize settlement terms.
The agreement between Ripple and the U.S. Securities and Exchange Commission to pause legal appeals simply means that both parties want to conclude the lengthy case that started in 2020 regarding whether XRP is considered a security or not. This move indicates that real negotiations are currently underway with the aim of reaching a final resolution, which is very important not only for the future of XRP but for the entire cryptocurrency market.
If a settlement is reached, XRP will be considered a digital currency with a clear legal status, which could lead companies and banks that were wary of dealing with it to return to using it, especially in the field of international money transfers, which is the primary purpose for which XRP was created. Additionally, the conclusion of the case means the removal of one of the biggest obstacles that has been pressuring the price of the currency and preventing its advancement.
Simply put, this development could be a significant turning point, as it opens the door for the return of confidence in XRP, and may encourage other investors and institutions to enter the market after being hesitant due to legal issues.
The Securities and Exchange Commission and Ripple submitted a joint request to halt their appeals in order to finalize settlement terms.
The agreement between Ripple and the U.S. Securities and Exchange Commission to pause legal appeals simply means that both parties want to conclude the lengthy case that started in 2020 regarding whether XRP is considered a security or not. This move indicates that real negotiations are currently underway with the aim of reaching a final resolution, which is very important not only for the future of XRP but for the entire cryptocurrency market.
If a settlement is reached, XRP will be considered a digital currency with a clear legal status, which could lead companies and banks that were wary of dealing with it to return to using it, especially in the field of international money transfers, which is the primary purpose for which XRP was created. Additionally, the conclusion of the case means the removal of one of the biggest obstacles that has been pressuring the price of the currency and preventing its advancement.
Simply put, this development could be a significant turning point, as it opens the door for the return of confidence in XRP, and may encourage other investors and institutions to enter the market after being hesitant due to legal issues.
See original
#StaySAFU
The Securities and Exchange Commission and RIPPLE have jointly requested to suspend their appeals in order to finalize settlement terms.
The agreement between Ripple and the U.S. Securities and Exchange Commission to halt legal appeals simply means that both parties want to conclude the long-standing case that began in 2020 regarding whether XRP is considered a security or not. This move indicates that real negotiations are currently underway with the aim of reaching a final resolution, which is very important not only for the future of XRP but for the entire cryptocurrency market.
If a settlement is reached, XRP will be considered a digital currency with a clear legal status, which may encourage companies and banks that have been hesitant to engage with it to start using it again, especially in the area of international financial transfers, which is the main field for which XRP was created. Additionally, the conclusion of the case means removing one of the biggest obstacles that has been pressuring the currency's price and preventing it from advancing.
Simply put, this development could be a significant turning point, as it opens the door for the return of confidence in XRP, and may encourage other investors and institutions to enter the market after previously being hesitant due to legal issues.
The Securities and Exchange Commission and RIPPLE have jointly requested to suspend their appeals in order to finalize settlement terms.
The agreement between Ripple and the U.S. Securities and Exchange Commission to halt legal appeals simply means that both parties want to conclude the long-standing case that began in 2020 regarding whether XRP is considered a security or not. This move indicates that real negotiations are currently underway with the aim of reaching a final resolution, which is very important not only for the future of XRP but for the entire cryptocurrency market.
If a settlement is reached, XRP will be considered a digital currency with a clear legal status, which may encourage companies and banks that have been hesitant to engage with it to start using it again, especially in the area of international financial transfers, which is the main field for which XRP was created. Additionally, the conclusion of the case means removing one of the biggest obstacles that has been pressuring the currency's price and preventing it from advancing.
Simply put, this development could be a significant turning point, as it opens the door for the return of confidence in XRP, and may encourage other investors and institutions to enter the market after previously being hesitant due to legal issues.
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CPIWatch
49.7M views
216,555 Discussing
🚨 THIS WEEK IS GOING TO BE HUGE FOR CRYPTO HOLDERS
➬ Tuesday (16th Dec): Unemployment rate, NFP data
➬ Wednesday (17th Dec): 3 Fed speakers will deliver a speech
➬ Thursday (18th Dec): CPI and Core CPI data
➬ Friday (19th Dec): BOJ interest rate decision, Stock triple witching, $3B in $BTC and $ETH options expiry
For now, the markets are expecting that a January rate cut won't happen.
But if CPI and Core CPI come lower than expected, while the unemployment rate spikes higher, rate cut odds will go up.
Any signs of CPI heating up will remove the chances of a January rate cut.
#CPIWatch
Woman of purpose
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