x r p now will it get converted to Xcurrent if is a scam coin, then we will all sue brad garlandhills, in regards to the misleading information sovereignty somewhere with the coin
OldManHolder
--
XRP isn't a memecoin. It's a scam coin.
This thread will burn some bridges.
Thread detailing 5 reasons why $XRP is a scam, why the founders or Ripple Labs are Bitcoin's biggest enemy, and why it's the WORST altcoin on the market
1. The first 32,000 ledger entries were "lost".
WTF does that mean? Either it's incompetence or nefarious. There's really no way to trust or verify the XRP ledger or what happened with the coin in it's infancy. This alone is totally unacceptable.
But it gets worse...
2. XRP is no way a decentralized digital asset. Ripple Labs, creator of XRP, owns over 44% of XRP's tokens. If you include the founders of XRP, well over 50% of the supply is owned by a few insiders and they were acquired from the pre-mine. Totally unethical and centralized.
3. XRP is just a unregistered security. While they recently won a battle with the SEC, they aren't out of the woods yet. This is not an organic crypto project or something led by a community. Ripple is a company that sells a shitcoin. They employ a CEO, PR team, etc.
4. XRP employs a marketing and PR team to sabotage Bitcoin. Ripple Co-founder, Chris Larsen, donated $5M to Greenpeace to commission this art piece and PR campaign to spread LIES about Bitcoin's energy use. Even though BTC mining is GOOD for the environment and power grid.
5. Ripple's strategy to pump their price is to cozy up to politicians that hate Bitcoin and actively pursue public policy initiatives opposed to BTC adoption. XRP supports politicians OPPOSED to not only Bitcoin but the entire crypto industry.
I saw this non crypto being born. Soon new questions and unconventional content đ
*Market Insights* 1. *Uptrend Strengthens*: ETH gains momentum, extending its strong uptrend. 2. *High Volume*: Confirms robust demand from buyers, supporting the bullish trend. 3. *Potential Breakout*: Breaking $2,275 could trigger a further push toward $2,300 and beyond.
Follow for more trading updates. #ETHđĽđĽđĽđĽđĽđĽ
Oh, just like that on the 4 hour chart. Everything's just gonna change, then stop believing this news. That's why they have a news forum 'em. For a reason to hype, the hype to make
Pampa1
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đ XRP to the Moon? A Quick Look at the Charts! đ
$XRP
Hey Binance Square Fam! đ Let's talk XRP! We've been watching it closely, and things are starting to look interesting in the short term đ. Here's the scoop: Looking at the charts, we can see some potential bullish signals popping up for XRPUSD. While we always encourage you to do your own research (DYOR đ), we wanted to share some of our observations. (Insert Image Here) * Bullish Momentum?: Notice anything familiar? It looks like XRP might be gearing up for a potential upward move! We've spotted some patterns that historically have preceded price increases. đ * Key Levels to Watch: Keep an eye on these crucial price points: * Resistance: If XRP breaks through these resistance levels, we could see some serious upward movement! Think of resistance levels like ceilings â once broken, the sky's the limit! đ * Support: These are the levels that could provide a cushion for XRP. Think of them like a floor â if the price drops to these levels, it might "bounce" back up. đ§ą * Trade Idea (For Educational Purposes Only!): * Entry: Consider entering a long position (betting the price will go up) if XRP breaks a key resistance level. * Stop Loss: Place a stop-loss order below a recent low to protect your investment in case the price moves unexpectedly. Think of it as an "escape hatch" in case things go south. đŞ * Take Profit: Set a take-profit order at a potential resistance level to lock in your gains. It's always good to have a target in mind! đŻ Remember: This is just a quick analysis, and the crypto market is known for its volatility! Never invest more than you can afford to lose, and always do your own research. đ¤ What do you think? Are you bullish or bearish on XRP in the short term? Share your thoughts in the comments below! đ Let's discuss and learn together! đ¤ #XRP #Crypto #BinanceSquare #Analysis #Bullish #DYOR
$BTC head& shoulder ă˝ď¸ pattern showing on 3day chart showing potential drop too 56,000$ psychological support of $BTC we will see all this digital currency flowing into alt coins get ready for the pump season
$BTC head& shoulder ă˝ď¸ pattern showing on 3day chart showing potential drop too 56,000$ psychological support of $BTC #XDCNetwork #CBDC real GOV coin
xdc and CBDC is the same thing but made from government stop lies about a retail meem coin called xrp
BodoLand
--
Will Ripple (XRP) reach $150 by 2030? $XRP
My guess is that within 2 years you won't even be able to buy XRP. XRP was designed to be a bridge currency and not to be bought and sold on exchanges. Once the SEC lawsuit is won by Ripple you will began to see it's price greatly increase; as it will be the only currency deemed not a security and will have legal clarity that will allow major adoption by US financial institutions. Soon afterwards, I believe that Ripple will not release any more XRP from their escrow to retail exchanges even if they do re-list XRP on their exchanges. It will be released only for On Demand Liquidity purposes to financial institutions. However, before the retail investors get shutout I think it could very easily be well over the $150 dollar mark. My only concern is how will the buyback from retail investors be handled when we can no longer purchase it on the exchanges; as the final end use for XRP is to be a stable coin utilized on the XRP Ledger as a bridge currency between all digital assets including all digital fiats. It has been calculated that when fully adopted as the World's bridge currency it will be about $35,000 to $50,000 per XRP coin. Of course we won't see those extremely high prices at the time we get shut out without a massive class action lawsuit!
read about Powell saying CBDC IS THE BEST NEXT THING THAT IS USEABLE
Coinaute
--
đ¨Breaking Newsđ¨ Jerome Powell canceled US $BTC Reserve
đąđ
The market's crashing, everyone's confused
I analyzed FOMC meeting and was shocked
Here's how US government manipulate youđđ§ľ
We put a lot of research and work into this thread before reading it.đ đ¨
Very Important đ¨ Please follow @Coinaute and đЎLike + Comment and â Share #binance #MarketDownturn
đđď¸Dive into eshop.coinaute.com, our Web3 boutique made for crypto degens! đď¸đFrom epic crypto merch to gear that screams Web3 vibes, weâve got you covered.
ă1
â Two significant takeaways emerged from the latest FOMC meeting:
â Interest rates were reduced by 25 bps (Great) â Powell ruled out the feasibility of a $BTC reserve (Awful)
â Letâs analyze whatâs the truth and what's ahead for the market
ă2
â The 25 bps reduction in rates is an entirely positive development
â It encourages greater crypto investments as it boosts profitability
â The 2021 bull market emerged after similar rate reductions
ă3
â Powellâs statement about a $BTC reserve sent shockwaves through the market, causing $BTC to dip
â He clarified that the Fed cannot hold $BTC and no legal adjustments are being considered
â Does that mean there won't be? Let's get to the bottom of it
ă4
â The Fed operates as an independent agency, free from control by the President or Congress
â That said, Congress retains the power to modify the laws governing the Fedâs actions
â If needed, Trump could push for changes enabling the Fed to accumulate any assets including $BTC
ă5
â The Fed's main role regarding cryptocurrencies appears to center on how those assets might affect consumer and banking sector safety
â "We regulate and supervise banks and we would want the interaction between the crypto business and the banks ... not to threaten the health and well-being of the banks" (c)
â But he also noted at that time that when it comes to crypto assets, "we don't regulate it directly"
ă6
â Claudia Buch, the European Central Bankâs chief supervisor, highlighted risks in the crypto market
â Including "excessive leverage, lack of transparency, and conflicts of interest," while monitoring banks' exposure to these assets
â It gives much more space for Trump, as even with these delays, he's still gonna be first ă7
â Will this dip be only temporarily? - ofc YES!
â Two main factors of this is clear:
1. Target rates for 2025 will be reduced to 400 bps
2. World Liberty Financial hold $ETH and $WBTC for 65M
â It means that this dip was emotional and cleared weak hands for new ATH ă8 Conclusion
â On the one hand, staying on the sidelines is the safest bet â If youâre holding, avoid adding more exposure
â But on the other, $277M in liquidations signal weak hands exiting â This shakeout may lead to a big pump soon
â In any way 2025 will be the biggest bull run in history, and there's no big difference in January or March
Very Important đ¨ Please follow @Coinaute and đЎLike + Comment and â Share #binance #MarketDownturn
đ¨Breaking Newsđ¨ Jerome Powell canceled US $BTC Reserve
đąđ
The market's crashing, everyone's confused
I analyzed FOMC meeting and was shocked
Here's how US government manipulate youđđ§ľ
We put a lot of research and work into this thread before reading it.đ đ¨
Very Important đ¨ Please follow @Coinaute and đЎLike + Comment and â Share #binance #MarketDownturn
đđď¸Dive into eshop.coinaute.com, our Web3 boutique made for crypto degens! đď¸đFrom epic crypto merch to gear that screams Web3 vibes, weâve got you covered.
ă1
â Two significant takeaways emerged from the latest FOMC meeting:
â Interest rates were reduced by 25 bps (Great) â Powell ruled out the feasibility of a $BTC reserve (Awful)
â Letâs analyze whatâs the truth and what's ahead for the market
ă2
â The 25 bps reduction in rates is an entirely positive development
â It encourages greater crypto investments as it boosts profitability
â The 2021 bull market emerged after similar rate reductions
ă3
â Powellâs statement about a $BTC reserve sent shockwaves through the market, causing $BTC to dip
â He clarified that the Fed cannot hold $BTC and no legal adjustments are being considered
â Does that mean there won't be? Let's get to the bottom of it
ă4
â The Fed operates as an independent agency, free from control by the President or Congress
â That said, Congress retains the power to modify the laws governing the Fedâs actions
â If needed, Trump could push for changes enabling the Fed to accumulate any assets including $BTC
ă5
â The Fed's main role regarding cryptocurrencies appears to center on how those assets might affect consumer and banking sector safety
â "We regulate and supervise banks and we would want the interaction between the crypto business and the banks ... not to threaten the health and well-being of the banks" (c)
â But he also noted at that time that when it comes to crypto assets, "we don't regulate it directly"
ă6
â Claudia Buch, the European Central Bankâs chief supervisor, highlighted risks in the crypto market
â Including "excessive leverage, lack of transparency, and conflicts of interest," while monitoring banks' exposure to these assets
â It gives much more space for Trump, as even with these delays, he's still gonna be first ă7
â Will this dip be only temporarily? - ofc YES!
â Two main factors of this is clear:
1. Target rates for 2025 will be reduced to 400 bps
2. World Liberty Financial hold $ETH and $WBTC for 65M
â It means that this dip was emotional and cleared weak hands for new ATH ă8 Conclusion
â On the one hand, staying on the sidelines is the safest bet â If youâre holding, avoid adding more exposure
â But on the other, $277M in liquidations signal weak hands exiting â This shakeout may lead to a big pump soon
â In any way 2025 will be the biggest bull run in history, and there's no big difference in January or March
Very Important đ¨ Please follow @Coinaute and đЎLike + Comment and â Share #binance #MarketDownturn
buddy the SEC will not allow a Bitcoin reserve they're looking at CBDC and they're looking at XDC like where are you coming up with this thought get with the news man
FightYourOwnBattle
--
Bullish
âCrypto Market on the Rise: Analyzing the Bullish Sentiments in 2024â
As of December 23, 2024, the cryptocurrency market is exhibiting strong bullish sentiments, driven by a confluence of factors that have invigorated investor confidence and market dynamics.
Bitcoinâs Ascendancy
Bitcoin (BTC), the flagship cryptocurrency, has recently surpassed the $100,000 milestone, reaching an all-time high of approximately $108,353.
Political Influences
The election of President Donald Trump has significantly impacted the crypto market. His administrationâs pro-crypto stance, including plans to establish a U.S. Bitcoin strategic reserve, has bolstered market optimism.
Institutional Investment and Market Integration
Institutional interest has surged, with major financial entities like BlackRock recommending Bitcoin allocations of up to 2% in investment portfolios.
Altcoin Performance
Altcoins have also experienced notable gains. For instance, XRP is trading at $2.24, reflecting a 1.36% increase from the previous close. Other cryptocurrencies, such as Ethereum (ETH) and BNB, have shown mixed performance, with ETH trading at $3,304.27 and BNB at $654.95.
Market Sentiment and Future Projections
The overall market sentiment remains bullish, with the Fear and Greed Index shifting towards greed, indicating increased investor confidence. Analysts project that Bitcoin could rise to between $150,000 and $200,000 by the end of 2025.
Conclusion
The convergence of favorable political developments, increased institutional investment, and positive market sentiment suggests a sustained bullish trajectory for the cryptocurrency market. Investors are advised to stay informed and exercise due diligence, given the inherent volatility of the crypto space.
should have never kept Jerome Powell in f****** power Jerome Powell had this up his sleeve the whole time he is old school SEC
Cryptopolitan
--
Fed Wonât Hold Bitcoin or Push for Strategic Reserve, Says Jerome Powell
Jerome Powell confirmed the Federal Reserve cannot hold Bitcoin, leaving the decision to Congress. Though some lawmakers and President elect Trump support a U.S. Bitcoin reserve. Powellâs comments caused Bitcoin to drop 5.7%, with other major cryptos also losing value, and the stock market reacted negatively.
Powell Says No to U.S. Bitcoin Reserve
Jerome Powell Fed Chair has made a point during a press conference that the U.S. central bank is not allowed to hold Bitcoin. He explained that according to the Federal Reserve Act, there are rules about what the bank can own, and Bitcoin is not part of that.
He also stated that the Federal Reserve is looking for something other than a law change by leaving the decision to Congress.
âWeâre not allowed to own bitcoin. The Federal Reserve Act says what we can own, and weâre not looking for a law change. Thatâs something for Congress to decide, not the Fed.â
These statements came after questions about the possibility of the U.S. government building a Bitcoin reserve, similar to how it holds gold.
Powell stressed that any decision on the U.S. government holding Bitcoin would be up to Congress and not the Federal Reserve. He clarified that the central bank is interested in something other than getting involved in Bitcoin or changing its laws.
Despite Powellâs firm stance, there has been growing interest in Bitcoin as a potential asset for the U.S. government to hold. Trump has supported the idea, suggesting that the U.S. should not fall behind other countries in the global crypto race.
Some pro- crypto senators including Senator Cynthia Lummis from Wyoming, have been pushing for this idea. Lummis has even drafted a bill requiring the U.S. Treasury to buy one million Bitcoin over the next five years.
President-elect Donald Trump has also supported the idea of the U.S. creating a Bitcoin reserve, saying the U.S. needs to stay ahead of countries like China by embracing digital currencies.
Market Reaction to Powellâs comments
After Powellâs comments, the cryptocurrency market reacted quickly. Bitcoin dropped to $100,300 which is down about 5.7% over the past 24 hours. By the time of the press release, Bitcoin was trading at $100,740.
The cryptocurrency market also fell. Ethereum fell by 6.8%, Binance Coin (BNB) dropped by 4.6%, and Solana (SOL) by 8.1%. Dogecoin (DOGE) performed the least among the top 10 positioned tokens which is dropping by 11% to $0.348.
The stock market also equally reacted negatively to Powellâs comments. The S&P 500 closed with a loss of 1.55%, and the Nasdaq 100 dropped by around 2%.
These show how market is reacting to the news about government policies, especially when it comes to cryptocurrencies like Bitcoin. Powellâs stance on not supporting a Bitcoin reserve created uncertainty among investors and also, they quickly adjusted their positions by selling.
Jerome Powellâs comments made it clear that the Federal Reserve is not interested in holding Bitcoin or supporting the U.S. Bitcoin reserve. The marketâs reaction showed how Bitcoin and other cryptocurrencies are dependent from investors and policymakers.Â
A Step-By-Step System To Launching Your Web3 Career and Landing High-Paying Crypto Jobs in 90 Days.