XRP reached $2.50, the highest level since 2018. Whales collected $1.66 billion in a few weeks. Massive daily trading in South Korea reached $3.8 billion.
The main components of TCJA: Individual income tax reductions: Lower income tax rates across most tax brackets. The standard deduction nearly doubled. Increased child tax credit. These individual tax reductions are set to expire at the end of 2025.
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A suspicious group on Telegram called "Early Access to the XRP ETF" became popular last week after promising users that they would "double your XRP if you send funds before the ETF is approved!" Thousands of desperate bag holders sent their coins, only to watch the officials panic whenāsurpriseāanother scammer had hacked their wallet and drained the funds first. Then the original scammers posted an angry message, "We were scammed too, thatās the fear!" before deleting the channel. Meanwhile, some geniuses on Reddit pointed out that the "official" document for the ETF was just a receipt from McDonald's with "XRP ETF confirmed" written on it using ketchup. By that time, XRP had already risen and fallen twice, and the response from the Securities and Exchange Commission...
## XRP: 1. *Use in cross-border payments*: XRP can be used for cross-border payments quickly and securely. 2. *Stability*: XRP operates on a stable and reliable network. 3. *Integration with banks and financial institutions*: XRP can be used in integration with banks and financial institutions.
## If you meant another term, please clarify or provide me with more context so I can assist you better.
Is there an ETF that tracks XRP? - Exchange-Traded Fund: XXRP, riding the XRP wave with leverage. - The newly launched XRP exchange-traded fund is a high-risk, high-reward fund on the Ripple cryptocurrency. - XXRP is designed to provide double daily exposure to the price of XRP. - Like all leveraged exchange-traded funds, XXRP comes with significant market and compounding risks.
$ETH Ethereum Uses - *Smart Contracts*: Ethereum is used to execute smart contracts and decentralized applications (DeFi). - *Innovation*: Ethereum supports innovation and reduces intermediaries in many fields ².
Markets reacted quickly: - Gold prices fell to $3,320 per ounce. - Meanwhile, stock indices rose, led by the technology and industrial sectors. - The US dollar began to recover some of its losses, showing a clear rebound after hitting a three-year low. * In a related context, US monetary policy officials issued warnings about the effects of tariffs on the economy, particularly regarding inflation and employment.
What does Ethereum offer? Ethereum provides a highly flexible platform through which decentralized applications can be created using the native scripting language Solidity and the Ethereum Virtual Machine. Developers of decentralized applications deploying smart contracts on Ethereum benefit from the rich ecosystem of developer tools and established best practices that have emerged with the maturation of the protocol.
Reasons for the Decline of Ethereum, According to Charles Hoskinson Charles Hoskinson, the founder of Cardano, has launched a scathing critique of Ethereum, pointing out that the second-largest blockchain in the cryptocurrency world may not survive the next fifteen years. During an 'Ask Me Anything' session broadcast on April 23, he highlighted three major design flaws: a weak accounting model, an unsuitable virtual machine, and a non-selected consensus. According to Hoskinson, these technical decisions hinder Ethereum's ability to evolve. He also criticizes the addition of layer two solutions and complex sharding mechanisms, which he considers ineffective: 'They have implemented a lot of strange things, but the consequences are starting to show.' Charles Hoskinson believes that Ethereum's real weakness lies in its lack of strong on-chain governance. He believes that building an effective governance system will take five to seven years, which could significantly slow down any reforms. He warns: 'Vitalik will not be able to maintain the network's coherence indefinitely by sheer will.'
Reports indicate that invitations have been sent for a dinner with Donald Trump to major holders of this cryptocurrency. * This has led to increased interest and fluctuations in the value of the currency. * Events and exclusivity: * These dinners are portrayed as exclusive events, with limited attendance. * They take place at venues such as Trump National Golf Club. * These events are also promoted as an opportunity to hear Donald Trump speak about the future of cryptocurrencies.
Future Forecasts: In the short term: Analyses suggest that Bitcoin may surpass the $100,000 level soon, with expectations of reaching $107,000 if the current resistance is broken.
#BTCvsMarkets Future Forecasts: In the short term: Analyses indicate the possibility of Bitcoin surpassing the $100,000 level soon, with expectations of reaching $107,000 if the current resistance is broken.
$ETH Solana SOL The fastest blockchain network in terms of transactions and fees. Many projects are building on it, and it is gaining a strong position in the Web 3 market.
Is this just a temporary rebound? Or the beginning of a new upward wave? Opportunities are present, but caution is required. Follow the analyses and be ready for the next step!
The reasons for success are due to: 1. A smart investment vision: Use Bitcoin as a hedge against inflation. 2. Buy-and-hold strategy for Bitcoin product, which boosts confidence in the market. 3. Original financing: Issued bonds and raised capital to buy Bitcoin.