Binance Square
LIVE
LIVE
LONG BTC
--ใƒป107 views
๐Ÿš€ Ripple vs. SEC update: XRP's secondary sales aren't investment contracts, says a 2023 court ruling, boosting its price! However, XRP still isn't in the top 3 cryptocurrencies by market cap. ๐Ÿ˜ฎ ๐Ÿง  ChatGPT predicts four factors for XRP's future rank: 1๏ธโƒฃ Utility & adoption: XRP's value depends on the adoption of Ripple's payment solutions by banks and financial institutions. ๐Ÿฆ 2๏ธโƒฃ Market dynamics: Other top cryptocurrencies may experience growth catalysts, affecting XRP's position. ๐Ÿ“ˆ 3๏ธโƒฃ Competition: XRP faces competition in the cross-border payments and remittances space from other blockchain solutions and traditional financial systems. ๐ŸŒ 4๏ธโƒฃ Macroeconomic factors: The overall economy could impact the entire crypto industry. ๐ŸŒ Will XRP make it back to the top 3 in 2024 if Ripple wins the SEC case? Only time will tell! โณ๐Ÿ”ฎ

๐Ÿš€ Ripple vs. SEC update: XRP's secondary sales aren't investment contracts, says a 2023 court ruling, boosting its price! However, XRP still isn't in the top 3 cryptocurrencies by market cap. ๐Ÿ˜ฎ

๐Ÿง  ChatGPT predicts four factors for XRP's future rank:

1๏ธโƒฃ Utility & adoption: XRP's value depends on the adoption of Ripple's payment solutions by banks and financial institutions. ๐Ÿฆ

2๏ธโƒฃ Market dynamics: Other top cryptocurrencies may experience growth catalysts, affecting XRP's position. ๐Ÿ“ˆ

3๏ธโƒฃ Competition: XRP faces competition in the cross-border payments and remittances space from other blockchain solutions and traditional financial systems. ๐ŸŒ

4๏ธโƒฃ Macroeconomic factors: The overall economy could impact the entire crypto industry. ๐ŸŒ

Will XRP make it back to the top 3 in 2024 if Ripple wins the SEC case? Only time will tell! โณ๐Ÿ”ฎ

ุฅุฎู„ุงุก ุงู„ู…ุณุคูˆู„ูŠุฉ: ุชุชุถู…ู† ุขุฑุงุก ุฃุทุฑุงู ุฎุงุฑุฌูŠุฉ. ู„ูŠุณุช ู†ุตูŠุญุฉู‹ ู…ุงู„ูŠุฉ. ูŠูู…ูƒู† ุฃู† ุชุญุชูˆูŠ ุนู„ู‰ ู…ูุญุชูˆู‰ ู…ูู…ูˆู„.ย ุงุทู„ุน ุนู„ู‰ ุงู„ุดุฑูˆุท ูˆุงู„ุฃุญูƒุงู….
0
ุงุณุชูƒุดู ุฃุญุฏุซ ุฃุฎุจุงุฑ ุงู„ุนู…ู„ุงุช ุงู„ุฑู‚ู…ูŠุฉ
โšก๏ธ ูƒูู† ุฌุฒุกู‹ุง ู…ู† ุฃุญุฏุซ ุงู„ู†ู‚ุงุดุงุช ููŠ ู…ุฌุงู„ ุงู„ุนู…ู„ุงุช ุงู„ุฑู‚ู…ูŠุฉ
๐Ÿ’ฌ ุชูุงุนู„ ู…ุน ู…ูู†ุดูุฆูŠ ุงู„ู…ูุญุชูˆู‰ ุงู„ู…ููุถู‘ู„ูŠู† ู„ุฏูŠูƒ
๐Ÿ‘ ุงุณุชู…ุชุน ุจุงู„ู…ุญุชูˆู‰ ุงู„ุฐูŠ ูŠุซูŠุฑ ุงู‡ุชู…ุงู…ูƒ
ุงู„ุจุฑูŠุฏ ุงู„ุฅู„ูƒุชุฑูˆู†ูŠ / ุฑู‚ู… ุงู„ู‡ุงุชู
ู…ูู†ุดูุฆ ู…ูุญุชูˆู‰ ุฐูˆ ุตู„ุฉ
LIVE
@Square-Creator-4d9133520

ุงุณุชูƒุดู ุงู„ู…ุฒูŠุฏ ู…ู† ู…ูู†ุดูุฆ ุงู„ู…ูุญุชูˆู‰

๐ŸŽ‰Whoop! Whoop! Bitcoin (BTC) is on the move again, folks! ๐Ÿš€ It's soared past the $60,000 mark and is now chilling in the $67,000 zone, thanks to the lower-than-expected inflation rate in the US. ๐Ÿ‡บ๐Ÿ‡ธ CryptoQuant's latest report suggests that the decline in BTC selling pressure is helping to sustain this rally. ๐Ÿ“‰ However, the demand for the cryptocurrency is yet to pick up. ๐Ÿง The decrease in selling pressure is evident in the on-chain activity of short-term holders and the balances on over-the-counter (OTC) desks. ๐Ÿ“Š The BTC balance on OTC desks has been steady since late April, indicating less bitcoin supply from market participants. ๐Ÿ“ˆ Short-term BTC holders are currently at low or negative profit margins, which historically coincides with a local bottom in prices. ๐Ÿ˜ฒ Miners' low profitability further supports the possibility of a market bottom. They're extremely underpaid right now, with profitability levels last seen in March 2020, right after the COVID market crash. ๐Ÿ˜ท Historically, extremely low miner profitability has been associated with price bottoms. ๐Ÿ“‰ On the flip side, Bitcoin demand growth seems to be stabilizing after a month of deceleration. ๐Ÿ“Š The rise in BTC balances of permanent holders and large investors indicates higher demand from these market participants. ๐Ÿ“ˆ However, BTC demand needs to surge further to sustain the latest price rally. This could come from the spot Bitcoin exchange-traded fund (ETF) market and other Bitcoin investment funds. ๐Ÿ’ฐ CryptoQuant analysts suggest that the crypto market needs a new wave of spot Bitcoin ETF purchases to refresh demand growth. ๐ŸŒŠ Stablecoin liquidity growth is also surging, signaling potential movement to the upside for BTC. ๐Ÿš€ So, keep your eyes on the prize, Bitcoin enthusiasts! The game is on! ๐ŸŽ‰๐ŸŽ‰๐ŸŽ‰
--
Hey there, BTC enthusiasts! ๐Ÿš€ The Bitcoin adoption wave is hitting new highs, with traditional finance (TradFi) firms jumping on the bandwagon at an impressive speed. The growing investments in spot Bitcoin ETFs are a clear sign of increasing institutional interest in crypto assets. ๐Ÿ’ผ๐Ÿ’ฐ Last quarter, a whopping number of U.S. banks, investment managers, hedge funds, and professional firms bought spot Bitcoin ETFs, according to their 13F filings with the SEC. A tweet from K33 Research revealed that 937 professional firms in the U.S. were invested in the Bitcoin ETF market as of March 31. ๐Ÿ“ˆ Among the big players, Millennium Management and Susquehanna International Group (SIG) led the charge with investments of $2 billion and $1 billion in Bitcoin products, respectively. Following them were Bracebridge Capital and Boothbay Fund, with ETF purchases worth $434 million and $377 million. ๐Ÿ’ช Even banking giant Morgan Stanley and advisory company Pine Ridge Advisers made significant moves with investments totaling $269 million and $205.8 million. Other firms like Aristeia Capital, Graham Capital, and Crcm LP also reported substantial exposures to Bitcoin ETFs. ๐Ÿฆ Interestingly, many other professional firms disclosed smaller investments in the Bitcoin ETF market. Even major banks like JPMorgan Chase and Wells Fargo dipped their toes in, with investments totaling $760,000 and $143,000, respectively. ๐Ÿข Most of these firms spread their investments across several ETFs, with Grayscaleโ€™s GBTC, BlackRockโ€™s IBIT, Fidelityโ€™s FBTC, and Ark Investโ€™s ARKB seeing the largest allocations. ๐ŸŒ And guess what? The digital asset market may soon see an influx of investments from state-owned professional firms. The State of Wisconsin Investment Board has already set the pace with a $163 million exposure to Bitcoin ETFs. ๐ŸŒŽ So, keep your eyes peeled, folks! The Bitcoin train is picking up speed! ๐Ÿš‚๐Ÿ’จ
--
๐ŸŽ‰๐Ÿš€ Bitcoin (BTC) enthusiasts, buckle up! BTC had a stellar trading week, soaring over $6K to reach its highest price in nearly a month at over $67,000! ๐Ÿš€๐ŸŽ‰ Last Friday, BTC had dipped to just over $60,000, but the bulls held the fort, defending this psychological support level. The crypto giant started to climb on Monday, reaching just over $63,000. Despite a slight dip to $61,200 on Tuesday, BTC shot up following the US CPI announcement for April. ๐Ÿ“ˆ๐Ÿ’ฐ The cryptocurrency gained several grand, skyrocketing to over $66,500 for the first time since mid-April. After a brief dip, the bulls charged again, pushing BTC to nearly $67,500. Although it has slightly retraced since then, BTC is still trading around $67,000. Its market cap remains at a whopping $1.320 trillion, with a dominance over altcoins of 51.7% on CG. ๐Ÿ’ฐ๐Ÿ“ˆ In terms of weekly scale, SOL and LINK stole the show. SOL soared by 17.5% to a multi-week high of over $170, while LINK jumped by 22% to nearly $16.5. Other weekly top gainers include Avalanche (14%), Bitcoin Cash (13%), UNI (13%), IMX (10%), GRT (12%), NEAR (9%), and ICP (10%). On the flip side, TON declined the most among larger-cap alts, losing over 9% of value in the past seven days. BNB and TRX also dipped slightly. The total crypto market cap is up to $2.550 trillion on CG, gaining over $150 billion on a weekly scale. Stay tuned, BTC lovers! The crypto space is full of surprises! ๐ŸŽ‰๐Ÿš€
--

ุขุฎุฑ ุงู„ุฃุฎุจุงุฑ

ุนุฑุถ ุงู„ู…ุฒูŠุฏ
ุฎุฑูŠุทุฉ ุงู„ู…ูˆู‚ุน
Cookie Preferences
ุดุฑูˆุท ูˆุฃุญูƒุงู… ุงู„ู…ู†ุตู‘ุฉ