#XRPETF The XRPH11 from Hashdex in Brazil now offers investors a regulated way of exposure through the traditional market. This exchange-traded fund demonstrates the viability of structuring an investment product based on this cryptocurrency within an existing regulatory framework, facilitating access without direct custody.
The community is closely watching the performance and acceptance of XRPH11 in Brazil. Its success could serve as an interesting precedent for regulators and large asset managers in other regions, especially in the United States, where the approval of an XRP ETF is still awaited. The experience of XRPH11 could be a key factor in the future global accessibility of this cryptocurrency through conventional investment vehicles.
#XRPETF The **XRP H11** ETF from Hashdex in Brazil now offers investors a regulated way to gain exposure to XRP through the traditional market. This exchange-traded fund demonstrates the viability of structuring an investment product based on XRP within an existing regulatory framework, facilitating access without direct custody.
The XRP community is closely monitoring the performance and acceptance of **XRP H11** in Brazil. Its success could serve as an interesting precedent for regulators and large asset managers in other regions, especially in the United States, where the approval of an XRP ETF is still awaited. The experience of **XRP H11** could be a key factor in the future global accessibility of XRP through conventional investment vehicles.
$OM *Bullish Binance Enthusiasts, Rejoice!* CEO John Patrick Mullin's bold decision to burn his 150M OM team token allocation is a monumental step towards rebuilding trust and demonstrating unwavering commitment to a trusted, inclusive financial ecosystem via tokenization.
- A clear signal that the OM team is willing to take drastic measures to ensure the project's integrity and transparency. - A step towards creating a more inclusive and accessible financial ecosystem for all. - A significant boost to investor confidence and the adoption of tokenization technology.
*IT'S TIME TO CELEBRATE!* Binance bulls are ready to take the market to the next level. Join the party and tap into the growth potential of OM! Don't stay on the sidelines!
Excellent news for cryptocurrencies. Attention, crypto-friends! 🐂 The winds seem to be changing in the banking world! 🌬️ The very Federal Reserve has announced that **it will withdraw the guidance that required banks to seek permission before entering the arena of cryptocurrencies and stablecoins.** 🏦➡️₿
Do you remember how the Fed had been throwing warnings like grumpy bears about the risks of digital assets? 🐻 Well, now it seems they are adopting a more… friendly? 🤔 The Fed says it will monitor banks' crypto incursions with its regular reviews, giving the green light to responsible innovation! 💡
Although it doesn't mean a blank check for crypto-curious banks, it's an interesting step! 👀 They are expected to remain cautious and manage those risks like wolves guarding their pack. 🐺 Furthermore, the Fed and other entities are exploring new guidelines to clarify what banks can and cannot do in the crypto universe, seeking that balance between innovation and security. ⚖️
Could this be the push that the bulls needed to charge harder in the banking and crypto sector? 🚀 Only time will tell! Stay tuned for more news and always remember to do your own research. 😉 #Criptomonedas #Bancos #Fed #NoticiasCripto
$XRP During the last two days, XRP/USDT has been trading close to the 50-day SMA ($2.18), indicating a strong defense of this level by the bears (sellers). A small positive aspect for the bulls (buyers) is that they have prevented the price from falling below the 20-day EMA ($2.13). The bulls will attempt again to push the pair towards the resistance line, a critical level to watch. If buyers surpass this resistance, the pair could rise to $3. On the other hand, a breakout and close below the 20-day EMA would suggest that the bears maintain control, and the bearish momentum could accelerate if the price falls below $2, which could lead the pair to collapse to $1.60. However, the rumors of the proposal #WhiteRock are real and this is generating confidence.
$XRP Attention, 🚀 WhiteRock's proposal to integrate XRP into the U.S. federal banking system is real, but it has generated debate. WhiteRock sent a letter to the Fed, arguing improvements in security and efficiency. However, caution prevails. Vet, a validator of #XRPL, urges the community to critically analyze the proposal, warning against uncritical dissemination that could be interpreted as desperation for validation. While the intention to explore integration exists, the short-term possibility is uncertain due to regulatory complexity, the current stance of regulators, and skepticism within the community itself #XRP . However, in the long run, it could be a great opportunity. #Regulación #Ripple #Cryptonews
#WhiteRock sent a formal letter to the Board of Governors of the Federal Reserve requesting a meeting to initiate dialogue about the integration of $XRP into the Federal Reserve. However, it is crucial to be cautious and not overestimate the real "possibility" of this happening in the short term. General context: * The intention exists: WhiteRock, an entity that apparently has an interest in the cryptocurrency space, has taken the initiative to propose this idea to a key regulatory authority.
$ETH Ethereum (ETH) has been experiencing a series of updates and improvements on its platform, which has generated great interest among developers and investors. Some of the new features and updates include improvements in scalability and security thanks to Ethereum 2.0, the implementation of sharding technology to increase the network's processing capacity, and improvements in interoperability with other blockchain networks. Additionally, the Ethereum developer community has been working on implementing new features, such as enhancements in privacy and security for smart contracts. These updates and improvements have positioned Ethereum as one of the most advanced and promising blockchain platforms in the current market. The evolution of Ethereum continues to be closely monitored by the cryptocurrency community.
#TariffsPause The pause in tariffs and trade tensions has generated a positive impact on the cryptocurrency market. The reduction of uncertainty and the improvement in investor confidence have led to a significant increase in most cryptocurrencies. Several have been beneficiaries of this trend, with an increase in their value and greater adoption in different sectors. The pause in tariffs has allowed investors to focus on higher-risk assets, such as cryptocurrencies, which has generated an increase in demand and the price of these digital currencies. Economic stability and investor confidence will continue to be key factors in the evolution of the cryptocurrency market.
#EthereumFuture The future of Ethereum looks promising, with an active developer community and a constantly evolving platform. The upgrade to Ethereum 2.0 has laid the groundwork for greater scalability and security, which could attract more developers and users to the platform. Experts predict that Ethereum will continue to be a key player in the cryptocurrency market, thanks to its advanced technology and its ability to support decentralized applications (dApps) and smart contracts. The growing adoption of Ethereum in different sectors, such as decentralized finance (DeFi) and non-fungible tokens (NFTs), could also drive its growth in the future. The evolution of Ethereum will continue to be closely monitored by the cryptocurrency community.
$ETH Ethereum (ETH) remains one of the most popular and widely used cryptocurrencies in the market. Its smart contract platform and decentralized applications (dApps) have generated significant interest among developers and investors. The upgrade of Ethereum to Ethereum 2.0 has improved the scalability and security of the network, leading to an increase in the adoption and use of the cryptocurrency. Experts predict that Ethereum will continue to be a key player in the cryptocurrency market, thanks to its advanced technology and active developer community. The demand for ETH remains high and its price has shown a positive trend in recent months, making it an attractive option for investors. The evolution of Ethereum continues to be closely monitored by the cryptocurrency community.
#DinnerWithTrump The idea of having dinner with Donald Trump has generated great interest in the community, especially in the context of politics and entertainment. Although it is not a real event related to cryptocurrencies, Trump's figure continues to be the subject of attention and speculation. Some may see a dinner with Trump as an opportunity to discuss political or economic issues, while others may consider it a media event. The perception of Trump varies widely depending on each person's political and social perspective. In any case, the idea of having dinner with such an influential public figure can generate significant interest and debate in public opinion. The attention that Trump evokes remains significant today.
#BTCvsMarkets Bitcoin (BTC) remains the leading cryptocurrency in the market, with a significant influence on the price dynamics of other cryptocurrencies. The relationship between BTC and the market in general is complex, as its value can be affected by factors such as institutional adoption, government regulation, and market speculation. Investors are attentive to BTC's trend, as it can indicate the overall market direction. When BTC rises, it can pull other cryptocurrencies along in its wake, while a decline can trigger a correction throughout the market. The correlation between BTC and the market is high, making it important to closely monitor its performance to make informed decisions.
$TRUMP The cryptocurrency TRUMP has generated great interest in the cryptocurrency community due to its connection with former United States President Donald Trump. Although it is not directly associated with him, the cryptocurrency has capitalized on the popularity and recognition of his name. Investors are closely watching the performance of TRUMP, as its value may be influenced by public perception of Trump and political events related to him. The cryptocurrency has shown significant volatility in its price, making it attractive to traders looking for short-term profit opportunities. However, investors should be aware of the risks associated with investing in cryptocurrencies and conduct thorough research before making decisions.
$ETH Ethereum (ETH) remains one of the most popular and widely used cryptocurrencies in the market. Its smart contract platform and decentralized applications (dApps) have generated significant interest among developers and investors. The upgrade from Ethereum to Ethereum 2.0 has improved the scalability and security of the network, leading to an increase in the adoption and use of the cryptocurrency. Experts predict that Ethereum will continue to be a key player in the cryptocurrency market, thanks to its advanced technology and active developer community. The demand for ETH remains high and its price has shown a positive trend in recent months.
#MarketRebound The cryptocurrency market has experienced a significant rebound after a series of declines. Investors have once again shown interest in cryptocurrencies, leading to a rise in prices. Confidence in the market has improved, and experts predict that this trend could continue in the short term. Factors contributing to this rebound include improved regulation and the growing adoption of cryptocurrencies across various sectors. Institutional investors have also begun to show interest in the market, resulting in greater liquidity and stability. Market dynamics remain volatile, but the current rebound is a positive sign for investors.
#SaylorBTCPurchase The recent purchase of Bitcoin by Michael Saylor has generated great interest in the cryptocurrency community. Saylor, CEO of MicroStrategy, has been a vocal advocate for Bitcoin and has invested large amounts in the cryptocurrency. His confidence in Bitcoin's long-term potential is evident in his investment strategy. Saylor's decision may influence other institutional investors and contribute to greater adoption of Bitcoin in the market. The purchase reflects Saylor's belief in Bitcoin's ability to serve as a store of value in an uncertain economic environment. This could have a positive impact on the cryptocurrency market.
Support zone 5.40, coinciding with previous levels where we saw buying activity. Additionally, the moving averages (MA of 7, 25, and 99) are relatively close to the current price, which could act as dynamic support in the event of a bounce.
We observe an increase in demand in the order book, slightly exceeding supply at this moment. If this buying pressure persists and we see green candles confirming bullish momentum, we could anticipate a move towards the nearby resistance at 5.81.
Consider an entry near the current support, with a stop-loss adjusted below 5.30 to manage risk. The initial target could be the resistance at 5.81, aiming for potential short-term profit.
Behavior of major layer 1 blockchains in the first quarter. $ETH : Led with the largest user base interacting with its extensive ecosystem of dApps (DeFi, NFTs, games, etc.). It recorded a very high volume of transactions on its base layer and in its layer 2 solutions due to activity in DeFi and NFTs. $TRX : Had a large user base, especially in areas such as digital entertainment and low-cost value transfers. Its low fees drove a significant volume of transactions, particularly in value transfers and entertainment applications. $SOL : Experienced significant growth in users, particularly in DeFi and NFTs, driven by its speed and low fees. Its high transaction processing capacity likely placed it among the leaders in transaction numbers. #NEO : While NEO has a loyal community and projects in its ecosystem, its total number of active users interacting with dApps was lower compared to Ethereum, Tron, and Solana. Its historical focus on asset digitization and regulation may have resulted in a user base more centered on specific use cases. The transaction volume on the NEO network was likely lower compared to platforms with higher activity in DeFi and high-frequency transactions. Although NEO 3 introduced performance improvements, its overall adoption in terms of daily transactions may not have reached the levels of the leaders. #ADA : Its community grew, but adoption in terms of active dApp users was lower compared to the leaders. #Polkadot and #Avalanche : Both platforms saw an increase in user activity as their ecosystems expanded, but did not reach the levels of the top contenders. #EOS : Its user adoption did not show significant growth compared to other platforms. The transaction volume of the last 4 was much lower than the leaders.
$OM continues with a bearish trend in recent sessions, evidenced by the current price ($0.5287) located below the three Exponential Moving Averages (EMA of 7, 25, and 99). This suggests short-term selling pressure.
A recent support level is identified around \$0.4872. However, the price's inability to rebound significantly from this level and maintain itself above the EMA of 7 indicates weakness in demand.
Immediate resistance is found at the EMA of 7 (\$0.5311), followed by the EMA of 25 (\$0.5426) and the EMA of 99 (\$0.5497). For the short-term bearish trend to reverse, the price would need to surpass these EMAs with substantial volume.
Volume in the last 24 hours is notable (213.99M OM), indicating activity. It will be crucial to observe whether the volume accompanies any attempts at a bullish breakout to confirm its validity.
In the short term, if the bearish pressure continues, we might expect the price to test the support of \$0.4872 again. A break below this level could open the door to further declines. On the other hand, a bullish move that surpasses the EMA of 7 could signal an attempt at recovery, although it would need to surpass the following EMAs to confirm a more significant trend change. The most likely expectation in the short term is a bearish trend unless a drastic change in volume and price action is observed with clear breakouts of the mentioned resistances.