š½United States of America News Update of Crypto currency.
šThe state of Arizona will become the first state of America to have legal reserves of $BTC and other digital assets.
šThe state of Arizona took a major step toward publicĀ BitcoinĀ adoption in the USĀ .
šØArizona state lawmakers have passed a bill allowing the state to invest up to 10% of public funds in digital assets, including Bitcoin.
š°The legislation also establishes a Digital Assets Strategic Reserve Fund, utilizing seized crypto assets and future appropriations.
šThe Senate bills 1025 and 1373 now await final confirmation from state Governor Katie Hobbs.
š²Bitcoin ($BTC ) price has increased today.
ā ļøThe price of Bitcoin (BTC) isĀ $95,085.11Ā today with a 24-hour trading volume ofĀ $24,533,844,241. ā ļøThis represents aĀ 0.74%Ā price increase in the last 24 hours and aĀ 1.62%Ā price increase in the past 7 days. ā ļøWith a circulating supply of 20 million BTC, Bitcoin is valued at a market cap ofĀ $1,888,197,677,678. #ArizonaBTCReserve
#XRPETFs In a financial market undergoing major change, the boundary between traditional finance and cryptocurrencies continues to blur. The latest milestone is the launch in Brazil of the first ETF backed by XRP, initiated by Hashdex. This initiative provides investors with regulated access to one of the most traded cryptocurrencies in the world, thereby consolidating Brazilās position as a driver of crypto innovation in Latin America.
#XRPETF $XRP To analyze the trend of XRP/USDT based on the provided data, here are some key points:
1. **Current Price**: The current price is 2.1979, which is slightly above the 24-hour low (2.1700) but below the 24-hour high (2.2475).
2. **Exponential Moving Averages (EMA)**: The short-term EMAs (5, 10, and 20 periods) are above the longer EMAs (30, 60, 90, and 180 periods). This could indicate a short-term bullish trend.
3. **Volume**: The trading volume over 24 hours is 365.59M XRP and 804.73M USDT, indicating significant market activity.
4. **RSI (Relative Strength Index)**: The RSI values over different periods range from around 59 to 52, indicating a market in a relatively neutral zone, but close to the overbought zone (above 70).
5. **MFI (Money Flow Index)**: The MFI is 64.80, which also suggests some renewed interest in buying without being in an overbought zone.
### Conclusion: Overall, the indicators show a short-term bullish trend, although the RSI and MFI do not indicate high overheating. This could mean that price movement may continue to rise, but it is essential to monitor volume and indicators to detect any potential reversal.
$XRP $XRP Midline Battle: Rejection or Breakthrough? Trade Bias: Neutral-to-Bearish
š ļø Trade Setup š Short Setup: Entry 1: $2.1960 Entry 2: $2.2150 (confirmation breakdown) šÆ Take Profit 1: $2.1905 šÆ Take Profit 2: $2.1860 šÆ Take Profit 3: $2.1829 šÆ Take Profit 4: $2.1750 š Stop Loss: $2.2530
ā Why This Trade? XRP is struggling at the 20-SMA midline ($2.1976) without strong bullish closes. Bollinger Bands are flat, hinting at an upcoming volatility spike. Recent highs near $2.1971 are acting as resistance, favoring a potential breakdown.
$XRP , one of the most resilient altcoins in the cryptocurrency market, has triggered a liquidation imbalance following its uptick in price. In the last 24 hours, $XRP has recorded a total liquidation of $4.08 million as the coin broke a key resistance level.
ā”ļøLong traders bear brunt of $XRP liquidations
long position traders suffered more losses, as $2.60 million was wiped out from investors betting long. This set up a liquidation imbalance of 69% in the $XRP futures market.
Traders shorting the asset registered a loss of $1.49 million after $XRP price registered an uptick alongside the broader market.
The liquidation imbalance that stunned long traders followed a sharp pullback after $XRP climbed above $2.22 in earlier trading activity. The movement caught most investors by surprise, leading to the losses.
The sheer volume of long liquidations suggests market participants are bullish on XRP. It indicates that the XRP market is anticipating further rallies for the asset following its freedom from any legal ties with the U.S. SEC.
$XRP is also on the brink of a breakout if the asset completes theĀ golden crossĀ it is attempting to form.
As of this writing, $XRP wasĀ changingĀ hands at $2.20, representing a 2.08% increase in the last 24 hours. However, trading volume has declined by 17.54% to $3.23 billion.
ā”ļøPrice consolidates amid weak buyer support
This dip might have been triggered by the warning of a possible pullback, due to weak buyer support in the ecosystem.
Technical indicators show that $XRP needs to sustain the current momentum, or it risks slipping to $2 or less in a worst-case scenario. Such a development would prove severe for the coin, as the $2.50 level emerges as a critical zone to watch.
$ETH Ethereum is making a strong bullish momentum Whales are interested in making a profit š . Unless crypto market is unpredictable and shows fluctuations up and down constantly. The trading view of Ethereum is as follows TP1 =$1566 TP2 =$1800 Be alert and keep an eye on the market.
$Sign is building a global distribution platform for good services and assets.
š Signatures, $Sign's first product, allows users to sign legally binding agreements using their public key, creating an on-chain record of agreement to the terms of the contract.
šSign's second product is TokenTable, which helps the Web3 project execute, track, and enforce the project's use in distributing its tokens.
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