$XRP The entire lawsuit is closed, should you invest?
The $XRP lawsuit has finally come to an end after 4 years, which is also the longest lawsuit in crypto history because of too much Drama.
1⃣ Summary of the entire lawsuit
In 2012, xrp was launched by @Ripple Labs with the goal of reducing transaction costs and processing times for banks and financial institutions. Those who invested in XRP expected the project's potential to improve the international payment system. By 2017-18, when the market began to boom and become more widely known, XRP also received attention, the media at that time considered XRP as a revolution for cross-border money transfers. Some companies, such as Western Union and Moneygram, have begun testing Ripple's products. “I have stated publicly that by the end of this year, I am absolutely confident that major banks will be using XRapid as a payment instrument,” Garlinghouse, CEO of Ripple, told CNBC in an interview broadcast on TV at the Money 20/20 Europe fintech conference in Amsterdam, Netherlands.
By December 2020, the SEC, under then-chairman Jay Clayton, now alleges that XRP executives orchestrated an initial public offering (IPO) of XRP, which was an unregistered security at the time of the fundraising.
According to the complaint, Ripple raised money by selling $XRP tokens in unregistered securities offerings to investors in the United States and around the world. #XRP #bitcoin
The most notable point of the current market is that it seems that the memecoin wave is preparing to move from $SOL back to $ETH !
The $ETH network becoming active again is extremely necessary for the current crypto market, especially when the backbone and core protocols in the market are mostly linked to Ethereum!
When the Ethereum network becomes active again, these protocols will be noticed again, and their revenue will also increase sharply!
---> Most importantly, when the money flows back to Ethreum, it will push the price of $ETH up sharply again, which will significantly increase the amount of money in the market to pump altcoins, while also significantly increasing the TVL of leading protocols
Wait to see the day when the network $ETH swap 1 shot to fly a wave motorbike, but right now, looking at the gas, it seems too bad #Write2Win #ETH
Are you guys holding $OP ? L2 has been having security and TPS issues for a while now, but why am I writing about this item? #Optimismis perfecting Superchain technology, to prove to the community that it is superior to other L2s.
Superchain helps solve TPS issues in transactions between exchanges, and the OP Stack group aims to improve security and avoid risks as much as possible for you -> Aiming to lead the trend in the L2 network effect #Ethereum.
In my opinion, the $OP team is always looking for ways to innovate to achieve the most perfection in all aspects for the Crypto community.
=> The current price of $OP is quite low, you guys should hold from now on. My TP is $10, what about you guys?
I thought the period from April to October 2023 was the most miserable period of #altcoin ! It turns out that this is the time when altcoins are most tormented, liquidity in the market disappears - $BTC
altcoins increase but do not increase, $BTC sighs slightly altcoins fall It is true that before entering the biggest wave, there must be a period of the most torture to sell stocks!
Opening the chart makes me feel discouraged and don't want to look at it anymore, turn off the Binance app, turn on the Grab app to earn more #bitcoin #binance
According to you guys, will this $STRK Tác Lồ pump as hard as $SUI did before?
But looking at the chart, it's now deadlocked in analysis. For months after List, there hasn't been a single decent increase :)))
My heart aches, tears are streaming for the Tác Lồ holders.
This ship is probably the heaviest in the current coin lineup.
If you want this one to increase, you must first pray for $ETH to increase strongly, because skinny Vitalik has been selling $ETH to girls for a long time, really bad guys.
Many sensitive brothers say that Up Bo is watching them, but not necessarily because observing the last 2 seasons, if MM wants to Up Bo, at least they have to create extremely fomo games, push the market extremely crazy, not more and more depressed like now.
Up Bo is to hit directly at the greed to get rich quickly and place orders because of fomo, without any doubts + Liquidity at that time must be abundant and many F0s enter the market. Everyone pays attention to Crypto, then it's easy to Up Bo.
But in the current phase, it's all fear and fear. Entering is afraid of losing, holding is afraid of delisting coins, trading is swept away, jeet jumps in and out, breaking accounts,.... in general, it's an extremely difficult period to make money, even for the Exchange and MM, so this is not called Up Bo phase, but calling it the price suppression phase is better. Looking at the current 2 W candles, it's like it's not going up and not going down #bitcoin #binance
24h Price Movement: - $BTC decreased by more than 3k from $59k8 to $56k1 after the news of the US government transferring Bitcoin to Coinbase, now recovered - Most Altcoins are also decreasing to adjust according to BTC - The depressing period for Altcoins is expected to last until the end of Q3 - Over $49 million stablecoin netflow was deposited into exchanges in the past 24h
Notable Cash Flows on Binance: - The market is adjusting so there is no notable cash flow
24h News: - DOGS announces details of tokenomics and airdrop - Memecoin FLOKI cooperates with Nottingham Forest Club - Starknet (STRK) is suspected of launching a phone AE trade FT then into biography
Looking at the current market, it's all old people playing with each other!
Mr. BE seems to be teasing us, not knowing any trend.
- Traders are also swept, inhaling sl - Holding the position will erode the account because it keeps going in and out following the increasing and decreasing candles of $BTC .
Looking at the market in a desperate way but has not reached the bottom of the pain. It's difficult to expect a quick turnaround, but if you're bored with it, it will go up in a few months.
In general, now Mr. BE is happy, it goes up, if you're sad, it goes down, but the macro news about interest rates is all bullshit to drive prices. Look at the news and brag for fun, but trading on the news is easy to die, holding the spot will still breathe oxygen #bitcoin #binance If you trade FT, go to the profile
How does the current cycle compare to the previous cycle?
Here we look back at the 2020 season and see that the market was no different from the present, #BTC had not broken through the old ATH, and looking at the candle body, it is clear that the market this season seems to be much more moderate than the previous season.
#Altcoin This part of 2020 has not yet recovered from the strong Covid crash. Altcoins are all divided 5/7/10, the only difference is that 2020 Altcoin suffered a Crash, while 2024 Altcoin slowly bled day by day, month by month, up to now, it has been exactly 4 months since the sharp decline in mid-April.
In 2020, everyone was also scared and panicked, many people forgot about the Uptrend after the Covid19 event. Or even around my friends, they left to cut losses or deleted the app to forget about the market at that time, but in the end, Bitcoin recovered strongly from the 5-10k$ period, then created an ATH of 69k$.
People are currently afraid that at that time the covid market should be pumped with new money to increase dramatically, then everyone is at home without a job so they are looking for investment channels like #Crypto ..
This season there is no money printing, but you also see that during the time the Fed raised interest rates and reached a peak of 5.5, BTC still increased from 15k-70k$ , but now the interest rate is about to decrease, expected to start in September.. #binance #bitcoin Anyone who trades FT, please go to the profile
1. #BTC slightly down to 58,000 despite receiving a lot of good news 2. Fear and Greed Index is still at 29 (fear) 3.#BitcoinETFnegative $81 million,#EthereumETFpositive $10 million 4.#DOGSannounced listing on #OKX, #Bitget,#BingXand #Bybit. Airdrop details yet to be fully disclosed 5. US government moves $600 million#Bitcointo #Coinbase 6.#SaharaAIraises $43 million from Pantera, Binance Labs and Polychain 7.#DeFisurges as#Aavehits new ATH in weekly borrowers 8.#Metamasklaunches experimental self-custody debit card with Mastercard 9.#USDCto adopt tap-and-go payments after#Appleopens NFC 10.#Binanceagrees to pay $1.76 million to Brazilian securities regulator #bnb #binance If you trade Futures, please go to your profile
With the goods I let touch all the joints of the buy entry areas, when returning to the buy entry levels above, you should reduce your position at the peak entries, keep the volume to buy at the best entry price
The volume out at the peak entries is converted to USDT, wait for a good entry test to buy again or you can wait for a better entry
The method of averaging the price and pulling the DCA entry down to be more beautiful and the method of rotating USDT to collect goods, I have discussed in detail in the upcoming articles.
Morgan Stanley, one of the largest banks in the US, has also bought #Bitcoin through BlackRock's Bitcoin ETF Fund.
This further confirms the great long-term belief that the Crypto market will continue to grow.
Like Gold stored for many years but gold can still be mined and people have not estimated how much Gold is left but Bitcoin only has 21 million VND. Currently, at least the number of#BTClost is up to 2-3 million VND from old wallets, then we can see how scarce Bitcoin is!
I still have long-term belief that#BTCwill increasingly explode in the future, and the cycle will also be a strong Bullrun cycle when many large funds and traditional companies enter and store #Bitcoin.
Maybe you are currently seeing the market is quiet, there is no news? But when the market grows, a series of good news will be released and so will the projects, there will be a lot of good news such as raising more capital, or launching a fund to develop the ecosystem...
Right now, you may be sad because your account is reduced and the market is not correcting, but after this period, everything will be fine... When everyone is bored like now, it is also the time to prepare for a new trend to continue. #binance #bitcoin Anyone who trades FT, please visit my personal page
Regardless of market volatility, FUD or anything bad happening, remember this:
When the FED starts cutting interest rates and is ready to pump a large amount of money and show a dovish attitude, this is when things start to recover and progress better.
No matter how skeptical people are about the cyclicality, this is always true.
We are past the point where the FED has to continuously raise interest rates to solve the problem of inflation caused by the market growing too hot.
Currently, the market still does not really have a large enough amount of liquidity to have the so-called crazy BULL RUN wave that everyone sees.
We are in the Prebull phase, so the story of a deep and long enough correction to sell off stocks is also a very normal story.
When the macroeconomic situation outside begins to stabilize and there is a flow of money from above, then the game will really begin.
We will witness the days of easy money making, just waking up after one night and the account has increased unbelievably, at that time everyone will know what Crypto is.
But now in the traditional business world, where is the liquidity and capital to increase immediately? #Crypto
👉 Update $BTC : I have now seen the liquidity sweep in the 61,800 area but there is still a large amount of liquidity in the 62k area, so it is possible that BTC can find its way back here once again. My group has called a Short BTC order in the 62,100 area and it did not match and lost nearly 3k in profit, so I still hope that BTC can return to 62,200
I have been watching the Long area of 57k-58k, with the current social force being very large and showing no signs of slowing down, we need to observe more about the current push force #Crypto
Looking at the recent new coins, it seems that they are worth more than the new coins at the beginning of the year
Some typical cases:
$STRK - $ZK
When the FDV of the STRK Thief was first released, it was several tens of billions, now it is only nearly 4 billion. $ZK raised a fund of $458M, far surpassing STRK, but the current cap is only $400M, while STRK is over $600M.
Both of them were shilled by leader Vitalik about ZK technology and are currently labeled as dead-chain.
Looking at the chart, it is clear that $ZK's performance is much better than $STRK . The market fell, but then $ZK was still pushed while ml $ST$STRK saw a dump, but no rise yet.
$W - $ZRO
Before $ZRO was launched, $W was expected to be a project that was promoted, the project did not take advantage of the early launch to attract users.
These are both big names in the cross-chain segment, but $W's performance is far behind its competitor in the same niche $ZRO. The $W chart is not better than case $STRK , when most of it is dumped, $ZRO you can win quite a few rounds if you know how to enter and exit properly.
In this article, I will only briefly talk about the overview from the outside of newly listed projects compared to new coins at the beginning of the year. Fud unlock, onchain projects are available in all projects, so there is no need to mention them.
Those of you who are hesitant with money can refer to it to choose the right project, avoiding the footsteps of previous holders.
As for me, I am still chasing the new coins at the beginning of the year, it is very hot, if I had waited patiently for 1-2 months to enter money, my current port might have been different. But anyway "knowing before is rich" #W #STRK✈️ AE FT trading, please go to profile