Over the past few weeks, Ripple, the company behind the native token XRP, has been making waves in the cryptocurrency landscape. The convergence of several key developments has provided a bullish momentum for the company, strengthening its position and offerings in the digital asset arena. This article aims to dissect these significant developments and their...
Before anyone reads this idea, I'd recommend reading my previous two ideas about Coinbase and Grayscale. Definitely worth the read to get a better grasp of the current situation. The main ideas I will analyze are that the SEC suing Coinbase and Binance are the final things that had to happen before a Bitcoin ETF would be approved and that the SEC could lose some...
XRP has gained 6.62% growth within the last 24 hours, on the back of good news that the SEC (Securities Exchange Commission) drops their lawsuit against two Ripple Labs executives. The original charge claimed that the blockchain company violated U.S. security laws by selling unregistered securities. The SEC is now taking back that claim. From a technical stance,...
Hi Traders, Investors and Speculators of Charts📈📉 There has been interesting volatility on BTC in the past 24 hours, with fake news being released on X, alleging that the SEC approved Blackrock's iShare spot ETF (they haven't). Directly from the Cointelegraph website, 16 hours ago: "Earlier today, during routine coverage, Cointelegraph’s social media team...
Bitcoin (BTCUSD) has spiked up by an enormous 2,090 PIPS (7.50%) in the last hourly candle, on the rumour that a Bitcoin Spot ETF application has been approved by the SEC. BlackRock has come out to deny it, calling it 'fake news'. Just like that market crashed back down & wiped out its 7.50% gain. In the process trapping a lot of new buyers, taking out sellers &...
The BTC spot ETF has finally been approved, but will it result in the massive bullish pump that EVERYONE has been expecting. My answer: No. It's public knowledge that the Bitcoin spot ETF will be approved at some point now for months. Thus, most traders have already bought a position in anticipation. Like nearly every ETH/BTC ETF news we got this year, I'm...
The world of fractals is astonishing, if we follow this similarity, the bearish trend should resume until April, therefore before the next Halving and when SEC will accept spot BTC ETFs :)
The Legal Victory: Ripple's Milestone The court's decision to reject the SEC's appeal is a significant milestone in Ripple's legal battle. It affirms that XRP is not a security and can continue to operate without the regulatory cloud that has hung over it. A Bullish Signal: Market Response XRP's price has responded with a bullish surge following the court's...
Hi Traders, Investors and Speculators of Charts📈📉 For those who have been following me here for a while, you'll know that I've always been a notorious fan of XRP. I used to be a true "believer", #xrparmy and the whole deal. Followed all the XRP pimps (such as BlockchainBacker ) on Twitter back when Twitter was still blue... but recently, I'm starting to...
Every day the BTC chart begins to tell a story that only gets clearer by the day. When rich men have goods to sell they advertise and when assets have been distributed into primarily the hands of the public the public runs out of money and begins to sell. Given what I see on these charts I find it no coincidence that the richest institutions are magically...
Crypto can be a very dark place. One needs to do research, learn and set rules. RULE NUMBER ONE (again): Never trust a person/team which keeps launching more and more tokens/projects Simple as that. Let's not blame this one on the SEC... This is purely crypto hill-billie Richard Heart and you had been warned... I love crypto - I hate these people......
In mid-long term we are not so much bearish about NASDAQ:COIN and we think that the bulk of the descent has already been done. Although potentially a bearish structure (wave 5) could still be missing, by the end of 2023 we expect a rally around 110 area . At this moment we are obviously not talking about trading but about some interesting investment...
Given the recent developments in the crypto space, there are several factors that point towards a bearish outlook: FTX Liquidation of $3.4 Billion in Crypto Assets: The approval by the Delaware Bankruptcy Court for FTX to liquidate $3.4 billion in crypto assets is a significant event. This influx of a substantial amount of cryptocurrency into the market could...
Buy the rumor, sell the news... Hi Traders, Investors and Speculators of Charts📈📉 Grayscale Investments, the world's largest digital asset manager, sued the U.S. Securities and Exchange Commission (SEC) in July 2022 after the SEC rejected its application to convert its Grayscale Bitcoin Trust (GBTC) into a spot bitcoin exchange-traded fund (ETF). Grayscale...
Traders, A few posts ago, you will see that (2) two gaps were being focused on. The question was posed about which might be filled first. Many of my followers understand that my bias was to the upside gap being filled first. Thanks to the Blackrock ETF approval, this has occurred. And, as I stated in my video yesterday, I have unloaded 50% of ALL my positions...
Well we are finally getting clarity on Richard's Case against the SEC A initial meeting has scheduled between the lawyers and the judge to explore what kind of disco very is needed in this civil suit. A Trial is length and costly for everyone. SEC, The Courtroom. and RH The Judge could throw this out right there on the spot? Me not being a legal expert I can't...
GateHub and XRPL Labs have joined forces to improve the XRPL network. They're making it easier to move assets between XRPL and other networks like Bitcoin and Ethereum. This partnership adds 14 new assets, including popular ones like BTC and ETH, making crypto payments more convenient. The goal is to increase the use of XRP and other digital assets and promote...
BNB (Binance Coin) may face potential downside risks as a bearish outlook looms over the cryptocurrency. The recent surge in price could be seen as a sell or short opportunity, primarily due to the ongoing lawsuit against Binance by the US Federal Reserve (FED). The FED lawsuit raises concerns about regulatory scrutiny and potential consequences for Binance,...