khaled Shaafal

Here are the most important developments:
🔷 Gold prices are rising as the dollar declines due to increasing bets that interest rate cuts may begin next September.
🔷Nvidia is approaching a market value of $3 trillion and is about to displace Apple from the throne of the largest companies in the world.
🔷 Yesterday, the Canadian Central Bank reduced interest rates, and today it is expected that the European Central Bank will also reduce interest rates, and this will put pressure on the Canadian dollar and the euro.

One of the most famous tips / Peter Lynch.

✅Invest in what you know 💡
✅Continuous learning 💡
✅Dealing with fluctuations as opportunities 💡
✅Search for yourself 💡
✅Patience and persistence 💡
Those who do not know who Peter Lynch is, he is one of the most famous fund managers. He was the manager of the Fidelity Fund from 1977 to 1990, and during his management period, the size of the fund grew from $18 million to $14 billion.

🚀$PEPE Shows Bullish Pennant, Targets 1600 Range Retest
On the 4H timeframe $PEPE is currently displaying a promising pennant formation, indicating a scenario where the support level is anticipated to exert greater influence than the resistance. This suggests a potential bullish breakout trajectory📈, potentially leading to a retest of the 1600 range 🎯
🔍Crypto Scouts analytics team
$PEPE EPE #StartInvestingInCrypto IS

Ripple’s CEO recently reflected on when XRP overtook Ethereum in market cap.
Brad Garlinghouse used this history to argue that XRP would eventually secure an ETF.
Zach Rector believes the reference suggests a belief that XRP could once again overtake Ethereum.
In an interview, Ripple CEO Brad Garlinghouse recalled a time when XRP’s market capitalization surpassed Ethereum’s, ranking second only to Bitcoin. He leveraged this historical moment to underscore XRP’s strong standing in the crypto market, implying that XRP would eventually secure an ETF listing, mirroring Ethereum and Bitcoin.
CoinMarketCap data confirms this historical feat. On January 7, 2018, XRP boasted a market cap of $130 billion, eclipsing Ethereum’s $111 billion. At that time, XRP traded at $3.30. However, XRP’s fortunes have since reversed, with its current rank at seventh and a price of $0.52.
Garlinghouse further hinted that XRP’s pre-SEC scrutiny value outweighed Ethereum’s. This implies the SEC’s actions may have disproportionately disadvantaged XRP while benefiting Ethereum.
Community commentator Zach Rector interpreted Garlinghouse’s comments as a sign of belief in XRP’s ability to reclaim dominance over Ethereum. “Would he keep bringing this up if it wasn’t going to happen again?” Rector questioned.
However, pro-XRP lawyer Bill Morgan offered a counterpoint. While acknowledging the debatable impact of the SEC’s “free pass” speech on Ethereum, Morgan argued that XRP achieved a more significant legal victory. He highlighted a US federal court order classifying XRP itself as not a security.
That may be so, but then XRP obtained something superior to the speech of a senior SEC official. It obtained an order of the court that the token itself is not a security. 11 months later and the XRP price is barely above what it was before that judgement even though the whole… https://t.co/XuDcUJVs6q
— bill morgan (@Belisarius2020) June 5, 2024
Despite this legal win, Morgan noted that XRP’s price remained virtually unchanged 11 months later, even amidst a broader market bull run. He cautioned against attributing the disparity in price performance between XRP and Ethereum solely to the SEC’s actions.
The post Ripple CEO Revives XRP vs. Ethereum Debate: Can XRP Rise Again? appeared first on Coin Edition.
#Ripple
$XRP

BTC $ETH $BNB
🛑🛑🛑 Urgent update, breaking news
📰 Among the most important economic news for today:
1. Change in non-farm private sector jobs in the United States 3:15
2. US Services PMI 4:45
3. US Non-Manufacturing PMI 5:00
4. US crude oil stocks 5:30
🌐 Saudi Arabia time GMT+3

$NOT $JASMY $PEOPLE
1️⃣ A quick analysis of the trio NOT, JASMY, and PEOPLE. Let's start first with NOT. As I spoke previously about the strongest support area, there was a strong rebound from the 0.019990 area. Now NOT has reached the second highest zone, 0.026600, and its support zone is 0.024750. Therefore, any break below this area will cause the rise to fail, and below it there is support. A good area is 0.023600, and since the S&R indicator gave me negativity when retesting the rise, there is a possibility of a strong correction.

Binance launches the “Forever Worldwide: Road to Saudi Arabia” collection of NFT tokens with Cristiano Ronaldo
This is a general advertisement and the products and services referred to may not be available in your area.
Dear Binance members,
Binance is pleased to announce the launch of the Forever Worldwide Collection: The Road to Saudi Arabia — the fourth collection in its NFT token partnership with football icon, Cristiano Ronaldo. This exclusive NFT set will only be available on the Binance NFT Marketplace.

The price of Bitcoin witnessed noticeable fluctuations during the past 24 hours, as it fell to $67,100, then the price later rose to approach the $70,000 barrier before stopping without the ability to breach this important level.
Altcoins made slight gains, while PEPE resumed its upward trajectory with a daily rise of 9%.

These are three promising cryptocurrencies that could be a good choice for investment in 2024:
1. **Galaxy Fox ($GFT )**:
The Galaxy Fox project is based on blockchain technology and aims to improve the gaming and digital entertainment experience.
- It could have the opportunity to grow in the future based on its developments and adoption of innovative technology.
2. **Celestia ($TIA )**: