XRPVictory
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Ripple faces a $125M fine for institutional XRP sales, but a federal judge confirms that XRP is not a security in programmatic sales to retail clients. This crucial ruling marks a significant win for Ripple, as the SEC's appeal on this part of the case was unsuccessful. What does this mean for the future of XRP and the crypto market? Share your insights! 🚀💬
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Ripple Fined $125 Million For Institutional Sales Of XRP
According to CoinDesk, a federal judge has imposed a $125 million fine on Ripple after determining that its institutional sales of XRP violated federal securities laws. District Judge Analisa Torres of the Southern District of New York issued the penalty following her finding that 1,278 institutional sale transactions by Ripple breached securities regulations. This fine is significantly lower than the $1 billion in disgorgement and prejudgment interest and $900 million in civil penalties initially sought by the SEC.The judge reiterated her stance that Ripple's programmatic sales of XRP to retail clients through exchanges did not violate federal securities laws. The SEC's attempt to appeal this part of the ruling was unsuccessful during the case proceedings. In addition to the fine, Judge Torres imposed an injunction against future securities law violations by Ripple. She noted that while she is not making a judgment that Ripple has violated any laws since the SEC filed its lawsuit, the company's actions suggest a likelihood of future violations.The injunction requires Ripple to file a registration statement if it plans to sell any securities in the future. The SEC is expected to appeal the July 2023 ruling now that the judge has imposed a sentence, following the denial of the SEC's motion for an interlocutory appeal last year. The SEC and Ripple had previously settled charges related to CEO Brad Garlinghouse and other executives after the interlocutory appeal was denied. Following the judgment, the price of XRP saw a slight increase, rising by 3 cents or approximately 2%.
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The modest gains in cryptocurrencies following the Ripple Labs fine highlight several important aspects of the cryptocurrency market:
1. **Regulatory Impact**: The Ripple Labs fine, resulting from a legal dispute with the SEC, underscores the significant role regulatory actions play in the crypto market. Market participants often react to regulatory news, as it can set precedents affecting other cryptocurrencies and projects.
2. **Ripple (XRP) Sentiment**: The fine might be perceived positively by some investors if it resolves lingering legal uncertainties surrounding Ripple and its XRP token. Clarity on legal issues can restore confidence and reduce the risk premium associated with the asset.
3 **Market Resilience**: The broader market’s modest gains following the fine indicate resilience and possibly a sense of relief that the issue is being settled. It shows that the market can absorb and move past regulatory setbacks, provided they do not threaten the fundamental viability of the cryptocurrency ecosystem.
4 **Ripple's Future**: The outcome of the fine will likely impact Ripple’s operations and future growth. A resolution could allow Ripple to focus more on its business development and partnerships, potentially benefiting the XRP ecosystem.
In summary, the market’s modest gains reflect a combination of relief, restored confidence, and optimism about the future regulatory environment and its implications for the crypto market.#XRPVictory $BTC $ETH $SOL
1. **Regulatory Impact**: The Ripple Labs fine, resulting from a legal dispute with the SEC, underscores the significant role regulatory actions play in the crypto market. Market participants often react to regulatory news, as it can set precedents affecting other cryptocurrencies and projects.
2. **Ripple (XRP) Sentiment**: The fine might be perceived positively by some investors if it resolves lingering legal uncertainties surrounding Ripple and its XRP token. Clarity on legal issues can restore confidence and reduce the risk premium associated with the asset.
3 **Market Resilience**: The broader market’s modest gains following the fine indicate resilience and possibly a sense of relief that the issue is being settled. It shows that the market can absorb and move past regulatory setbacks, provided they do not threaten the fundamental viability of the cryptocurrency ecosystem.
4 **Ripple's Future**: The outcome of the fine will likely impact Ripple’s operations and future growth. A resolution could allow Ripple to focus more on its business development and partnerships, potentially benefiting the XRP ecosystem.
In summary, the market’s modest gains reflect a combination of relief, restored confidence, and optimism about the future regulatory environment and its implications for the crypto market.#XRPVictory $BTC $ETH $SOL
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79.45% Profit Gain With 20X Leverage ‼️
Duration ⏰ 00 Day's 06 Hours 11 Min.
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79.45% Profit Gain With 20X Leverage ‼️
Duration ⏰ 00 Day's 06 Hours 11 Min.
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$ARKM USDT Long 🐂
Entry 🚪 1.0195
Leverage ‼️ 20X Cross
Target's 🎯
1. 1.0550
2. 1.0975
3. 1.1200
❌ Stop-Loss 0.9800
Use 2% Margin 💰
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Entry 🚪 1.0195
Leverage ‼️ 20X Cross
Target's 🎯
1. 1.0550
2. 1.0975
3. 1.1200
❌ Stop-Loss 0.9800
Use 2% Margin 💰
#TONonBinance #XRPVictory #BlackRockETHOptions #Babylon_Mainnet_Launch #BinanceHODLerBANANA
$BTC
61000 soon 🔥🔜
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61000 soon 🔥🔜
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⌨️ COMMENT
🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice #MarketDownturn #XRPVictory #TONonBinance #BinanceTurns7 #Write2Earn!
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1. Visit the Airdrop Page: Copy the link and paste it in Binance Web3 Wallet Browser
Link: lineabuildfoundation.com
2. Log In or Sign Up: Use your existing Binance Web3 Wallet or create a new one.
3. Bind Accounts: Link your CARV account to your Binance Web3 Wallet.
4. Complete Tasks: Earn points by completing social tasks, daily check-ins, and playing games.
5. Invite Friends: Get extra points by referring friends.
6. Claim Rewards: Rewards will be distributed based on the points you accumulate.
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❤️LIKE 🫂FOLLOW 🗳REQUOTE OR RESHARE
⌨️ COMMENT
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🚀BTC Breaking News: Trump Advocates for Bitcoin Retention! 🚀
Donald Trump's Bold Bitcoin Stance!
In a recent podcast, former President Donald Trump made headlines with his strong endorsement of Bitcoin $BTC. Trump urged the US government not to sell its Bitcoin holdings, describing the cryptocurrency as "very modern" and comparable to artificial intelligence in terms of its innovation potential.
China vs. US: The Digital Asset Race
Trump highlighted a crucial geopolitical angle, warning that China could surpass the US if it doesn't take a leadership role in digital assets. With the US government holding approximately 210,000 Bitcoins, Trump's vision is to maintain and even expand these reserves if he wins the 2024 election.
A Vision for the Future
Trump's stance is clear: to keep the US at the forefront of technological advancements and innovation. His promise to hold onto Bitcoin signifies a strategic move to secure the nation's position in the global digital economy.
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👉 Follow for more exciting updates! @KhannAmirr
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Donald Trump's Bold Bitcoin Stance!
In a recent podcast, former President Donald Trump made headlines with his strong endorsement of Bitcoin $BTC. Trump urged the US government not to sell its Bitcoin holdings, describing the cryptocurrency as "very modern" and comparable to artificial intelligence in terms of its innovation potential.
China vs. US: The Digital Asset Race
Trump highlighted a crucial geopolitical angle, warning that China could surpass the US if it doesn't take a leadership role in digital assets. With the US government holding approximately 210,000 Bitcoins, Trump's vision is to maintain and even expand these reserves if he wins the 2024 election.
A Vision for the Future
Trump's stance is clear: to keep the US at the forefront of technological advancements and innovation. His promise to hold onto Bitcoin signifies a strategic move to secure the nation's position in the global digital economy.
✅ Like ❤️ | 🗯️ Comment 💬 | ♻️ Follow 🔁
👉 Follow for more exciting updates! @KhannAmirr
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Jump Trading withdraw 32.6M $USDC from Binance after they transferred $ETH to Binance to sell yesterday.
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Yesterday the spot #bitcoin☀️ ETF saw over $89,700,000 outflow
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🔥 ‘We’re About To Shake Up The Crypto World’ – Donald Trump Jr. 🚀
In a Post, Donald Trump Jr. hinted at a major announcement for the crypto and decentralized finance (DeFi) market.
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In a Post, Donald Trump Jr. hinted at a major announcement for the crypto and decentralized finance (DeFi) market.
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$SAGA USDT Future Long Buy 🐃
Entries 🚪
1. 1.1925 [ Use 3% Margin💰]
2. 1.1615 [ Use 1% Margin💰]
Leverage ‼️ 20X Cross
🏹 Target's 🎯
1. 1.2295
2. 1.2700
3. 1.3200
❌ Stop-Loss 1.1350
Use 4% Margin 💰 Of Your Total Portfolio. 🏦
Take as much risk as you can afford! 📊
#TONonBinance #XRPVictory #MarketDownturn #Babylon_Mainnet_Launch #BinanceHODLerBANANA
Entries 🚪
1. 1.1925 [ Use 3% Margin💰]
2. 1.1615 [ Use 1% Margin💰]
Leverage ‼️ 20X Cross
🏹 Target's 🎯
1. 1.2295
2. 1.2700
3. 1.3200
❌ Stop-Loss 1.1350
Use 4% Margin 💰 Of Your Total Portfolio. 🏦
Take as much risk as you can afford! 📊
#TONonBinance #XRPVictory #MarketDownturn #Babylon_Mainnet_Launch #BinanceHODLerBANANA
#TONonBinance Ton space on Binance is a big achievement because it’s ecosystem is perfect and has massive community development and support,
It will drill deep in Binance chain and ecosystem as well, its algorithm will analytically fashion up.
It’s a good coin and chain to delve into.
Have it in your wallet.$TON
#TONonBinance #XRPVictory #tonecoin
It will drill deep in Binance chain and ecosystem as well, its algorithm will analytically fashion up.
It’s a good coin and chain to delve into.
Have it in your wallet.$TON
#TONonBinance #XRPVictory #tonecoin
crypto market going to crash !!!!!#TONonBinance $BTC #XRPVictory #TONonBinance #MarketDownturn @Avrolx @Cryptos Headlines $BTC $ETH all crypo market going to big crash coming soon ....
XRP Price Prediction: Why Ripple Is Not A Good Buy Here
"Ripple (XRP) price faces correction after 30% rally, on-chain data suggests bearish outlook, with potential 10% drop to $0.560 support range
Ripple (XRP) price rallied 30% last week, reacting to the favorable conclusion to the SEC vs. Ripple lawsuit. While the upswing was impressive, it failed to produce a higher high that caused whale investors to offload their holdings. As a result of this on-chain movement, XRP value could face a major correction in the coming days.
XRP Price ready to slide lower
XRP price shot up 30% on August 7 and set up a swing high of $0.644, lower than the July 30 local top of $0.658. From a market structure standpoint, this lower high sends a message that the buyers could not propel the token higher, aka lack of demand. As a result, Ripple price has dropped 9% since the $0.644 swing high.
As XRP price exchanges hands at $0.585, investors can expect the 30% rally to come undone soon.
A start-of-the-week rally could push XRP, a remittance token, to retest the $0.613 resistance level. Rejection here would be a sign that buyers are exhausted. Such a signal would hint at a nearly 10% correction to the $0.560 to $0.555 support range.
On-chain Data Suggests Bearish Outlook for Ripple
While the technical perspective suggests a bearish outlook for XRP price, the on-chain data confirms it. Santiment’s Supply Distribution By Balance metric shows that wallets holding 1 million to 10 million XRP accumulated 230 million tokens from July 17 to August 2, anticipating a positive outcome of the SEC vs. Ripple lawsuit.
The same wallets started booking profits and offloading their tokens, and as of August 7, their balance reached a low of 3.8 billion after dumping 150 million XRP.
Additionally, the Whale Transaction Count indicator corroborates this movement, which tracks transfers worth $100,000 or more. This metric spiked on August 7, when the XRP price shot up 30%, indicating that these whales were selling.
The technical and on-chain data hint that institutional investors sold their holdings after the conclusion of the SEC vs. Ripple lawsuit. While a short-term correction is likely, it could be undone if Bitcoin price continues to move higher.
Such a development could interest buyers and propel the XRP price above the $0.613 critical resistance level. Flipping this barrier into a support floor could attract bullish momentum and potentially propel XRP to $0.655m, the next key hurdle.
#TONonBinance #XRPVictory #MarketDownturn #BinanceTurns7 #Write2Earn!
Ripple (XRP) price rallied 30% last week, reacting to the favorable conclusion to the SEC vs. Ripple lawsuit. While the upswing was impressive, it failed to produce a higher high that caused whale investors to offload their holdings. As a result of this on-chain movement, XRP value could face a major correction in the coming days.
XRP Price ready to slide lower
XRP price shot up 30% on August 7 and set up a swing high of $0.644, lower than the July 30 local top of $0.658. From a market structure standpoint, this lower high sends a message that the buyers could not propel the token higher, aka lack of demand. As a result, Ripple price has dropped 9% since the $0.644 swing high.
As XRP price exchanges hands at $0.585, investors can expect the 30% rally to come undone soon.
A start-of-the-week rally could push XRP, a remittance token, to retest the $0.613 resistance level. Rejection here would be a sign that buyers are exhausted. Such a signal would hint at a nearly 10% correction to the $0.560 to $0.555 support range.
On-chain Data Suggests Bearish Outlook for Ripple
While the technical perspective suggests a bearish outlook for XRP price, the on-chain data confirms it. Santiment’s Supply Distribution By Balance metric shows that wallets holding 1 million to 10 million XRP accumulated 230 million tokens from July 17 to August 2, anticipating a positive outcome of the SEC vs. Ripple lawsuit.
The same wallets started booking profits and offloading their tokens, and as of August 7, their balance reached a low of 3.8 billion after dumping 150 million XRP.
Additionally, the Whale Transaction Count indicator corroborates this movement, which tracks transfers worth $100,000 or more. This metric spiked on August 7, when the XRP price shot up 30%, indicating that these whales were selling.
The technical and on-chain data hint that institutional investors sold their holdings after the conclusion of the SEC vs. Ripple lawsuit. While a short-term correction is likely, it could be undone if Bitcoin price continues to move higher.
Such a development could interest buyers and propel the XRP price above the $0.613 critical resistance level. Flipping this barrier into a support floor could attract bullish momentum and potentially propel XRP to $0.655m, the next key hurdle.
#TONonBinance #XRPVictory #MarketDownturn #BinanceTurns7 #Write2Earn!
more and more high #XRPVictory #TONonBinance #BlackRockETHOptions #Babylon_Mainnet_Launch #BinanceHODLerBANANA
#QKC
After a significant gain, QKC looks like it want to reaches more and more heights!
A break and hold above 0.0091, would indicate a bullish momentum for QKC, that's hope for brake and hold of this zone.
After a significant gain, QKC looks like it want to reaches more and more heights!
A break and hold above 0.0091, would indicate a bullish momentum for QKC, that's hope for brake and hold of this zone.