Crypto Update

Im holding KEY for targets💪 Never sell early😎

🇺🇸US Solana ETFs have ‘snowball’s chance in hell’ of approval, says analyst Solana ETF approvals are extremely unlikely this year, though VanEck’s head of digital assets, continues to believe in them.

Long KEY here $0.00495-$0.00498 Targets: 50-100%

♻️ XRP Elliott Wave technical analysis Elliott Wave Analysis TradingLounge Daily Chart, XRP/ U.S. dollar(XRPUSD) XRPUSD Elliott Wave Technical Analysis Function: Follow Trend Mode: Motive Structure: Impulse Position: Wave III Direction Next higher Degrees: wave I of Impulse Wave Cancel invalid level: Details: the five-wave Increase of wave III XRP/... @cryptoopdate

🚧 Ethereum ETFs extend streak with $20 million in outflows, ETH poised to continue consolidation Ethereum (ETH) is down nearly 1% on Tuesday as its weak open interest indicates that prices will likely remain range-bound in the coming... @cryptoopdate

#XRP Is Poised For A Massive Breakout From A Multi-Year Symmetrical Triangle, Potentially Leading To A New All-Time High In The Coming Months. The SEC Case Closure Is A Major Win For #Crypto And Ripple

The 2024 US elections: Who’s winning, and how does crypto factor in? | Opinion In the ‘presidential war of perception’ during the 2024 U.S. elections, crypto voters will play an integral role in a candidate's victory, argues Courage Kimber.

🇦🇪 RAKBANK, a government-owned bank in the UAE, has partnered with Bitpanda to create a digital asset management platform for residents, though it still awaits approval from the Central Bank. This move aligns with the UAE's growing embrace of crypto, following recent advancements like the launch of RAK Digital Assets Oasis and a Dubai court's recognition of crypto for salary payments. @cryptoopdate

Second trading withdrawal from xrp trading. Remember you will be the one taking all the trades No deposit to any website All you need is xrp in your Trustwallet then set up the script and start trading.

Our xrp trading still booming ✅🚀🚀 Dm @xrpscripts to join the team It’s free All you need is trading capital, Trustwallet and pc.

#Usd Usd Dollar Breaking Down Long Symmetrical Triangle Successful Breakout Can Be Good For $Btc And Other #Cryptos

🚧 Solana forms bullish patterns as DEX volume, open interest slip Solana price has been stuck in a deep bear market as the volume in its decentralized exchanges and futures open interest dipped. Solana ♻️SOL 3.88% Solana has risen for two consecutive weeks and was up by over 33% from its lowest point in August. Still, it remains in a bear market after falling by over 30% from the year-to-date high.  Solana’s DEX volume retreats Its price action has mirrored that of other cryptocurrencies like Bitcoin 💥BTC 0.59% Bitcoin and Ethereum 🎯ETH 1.84% Ethereum , which are all in a bear market.  Solana’s sell-off has happened as the volume in its DEX platforms has fallen in the past few weeks. Data by DeFi Llamashows that its DEX volume dropped by over 45% in the past seven days. In this period, it has handled transactions worth $7.12 billion while Ethereum has processed $8.9 billion. Solana’s DEX volume has retreated because of the ongoing meme coin sell-off. Top Solana memes like Dogwifhat (WIF), Bonk (BONK), Popcat (POPCAT), and Book of Meme have all tumbled by over 50% in the past few months. Solana has become the most popular chain for creating meme coins, due to fast speeds and low transaction costs. The launch of Pump.fun, a meme coin generator, has made it easier for people to launch Solana meme tokens. 

This is a fairly striking admission of failure from -- by all accounts -- the best Fed Chair we've had since Wall Street forced the Fed on us in 1913.  A central bank is indeed an extraordinary thing: it’s a privately-owned, federally-licensed counterfeiter the regime can use to seize literally everything in the world by printing money. It’s why we have inflation and recessions. It’s why we have Wall Street bailouts and a colossal national debt. It's why the government has grown to dominate our economy and our lives. In contrast, under the gold standard, we had zero cumulative inflation over 124 years. We had a federal government that was 7 times smaller as a percent of GDP. In 1913 we had a national debt of 8% of GDP. Today, it’s 140% -- in fact, it's rising by almost 8% per year.

How Gold can save the Dollar Our deficits are now stuck at 8% of GDP — unprecedented in peacetime. And our national debt just hit $35 trillion — unprecedented in the history of man. Even the central bankers realize that this isn't sustainable. That we are coming to the day our paper money utopia crumbles. Can we save the dollar before central banking kills it? Our deficits are now stuck at 8% of GDP — unprecedented in peacetime. And our national debt just hit $35 trillion — unprecedented in the history of man. Even the central bankers realize that this isn't sustainable. That we are coming to the day our paper money utopia crumbles. Historically, from Song Dynasty China to Weimar Germany, when paper dies we return to hard money. Because backing the dollar with hard money like gold -- and eventually Bitcoin is the only way to finally kill the money printer. Happily, we can actually do this without the crash. When paper money dies The other day Charles Payne sent me a quote by 1970s Fed Chair Paul Volcker who wrote, paraphrasing: “It is a sobering fact that central banking has led to more inflation, not less. We did better with the 19th-century gold standard, with passive central banks, with currency boards, or even with ‘free banking’. The power of a central bank, after all, is the power to create money and, ultimately, the power to create is the power to destroy.”

XRP update: Ripple USD, CLO comments on likelihood of SEC appeal, partnership with SBI Digital Asset Holdings • Ripple CLO Stuart Alderoty believes the SEC is less likely to appeal the final ruling in the lawsuit.  • Ripple’s SVP of stablecoins recently spoke on the definition of the asset as the firm continues to test RippleUSD in private beta.  • The payment remittance firm recently partnered with the crypto arm of SBI holdings to boost the utility of the XRP Ledger.  • XRP climbed above $0.56 on Saturday, likely to sweep liquidity at $0.52 prior to recovery in the altcoin. Ripple (XRP) surged above $0.56 on Saturday, amidst positive developments in the ecosystem. Ripple’s executive commented on the definition of a stablecoin, as the firm tests Ripple USD, their stablecoin, in private beta.  The token is seeking regulatory approval and is not available for purchase or trade, per Ripple’s official announcement. 

JUST IN: 🇦🇪 Dubai officially approves Bitcoin & crypto for salary payments. @cryptoopdate

$Btc #Btc Currently Consolidating Within Descending Broadening Wedge Range Expecting Testing Upper Crucial Trendline Resistance Area 69-70k In Coming Days And Once Range Breaks Towards #Bitcoin Can Hit 100k Easily In Meantime Hold Your Alts Tightly If You Want Massive Returns

#Ltc Showing Strength Here And Preparing For Breakout Incase Of Successful Breakout Expecting Move Towards 105-110$

U.S. spot bitcoin exchange-traded funds (ETFs) saw an outflow of $81.36 million, while spot ethereum ETFs experienced a brighter day, bringing in $10.77 million during the trading session.

Goldman Sachs invests $420 million in Bitcoin ETFs, what’s next for Solana, XRP ETF prospects 🪩 Goldman Sachs filed a 13F disclosure of nearly $420 million investment in seven Bitcoin ETFs on Tuesday.  🏆 Bloomberg ETF analyst discussed Solana ETF and how approval depends on the upcoming US Presidential election.  🗳️ Expert weighs in on XRP ETF that Ripple can use to sell the token to institutions on the XRP Ledger.  📒 Solana trades at $145 and XRP holds steady above key support at $0.57 on Wednesday. Goldman Sachs, the seventh largest bank in the US, filed a 13F disclosure with the Securities & Exchange Commission (SEC) on August 13, disclosing nearly $420 million invested in seven Bitcoin Exchange Traded Funds (ETF). At a time when crypto traders are looking for developments in the Solana and XRP ETFs, the news brings confidence in institutional capital inflow to crypto investment products.  Senior Bloomberg ETF analyst Eric Balchunas recently commented on the future of Solana ETFs, and crypto expert Matt Rosendin weighed in on XRP ETF.  Solana and XRP trade at key support levels at the time of writing.  Goldman Sachs discloses nearly $420 million in seven Bitcoin ETFs After the market close on Tuesday, Goldman Sachs disclosed nearly $420 million investment in seven Bitcoin ETFs. According to the SEC filing, the bank holds:  • $238.6 million iShares Bitcoin Trust (6,991,248 shares) • $79.5 million Fidelity Bitcoin ETF (1,516,302 shares) • $35.1 million Grayscale BTC (660,183 shares) • $56.1 million Invesco Galaxy Bitcoin (940,443 shares) • $8.3 million Bitwise Bitcoin ETF (253,961 shares) • $749,469 WisdomTree Bitcoin (11,773 shares) • $299,900 ARK 21Shares Bitcoin ETF (5,000 shares) The bank’s position reflects a trend within institutions where the skepticism surrounding crypto investments has given way to acceptance among traditional firms.  Data from CoinShares shows that Solana and XRP fund flows attracted $4.5 million and $0.7 million in institutional investment the week of August 12, respectively. The year-to-date flows to Solana and XRP are $70 million and $21 million, respectively. Experts weigh in on the prospects of Solana and XRP ETFs Nate Geraci, Senior ETF analyst at Bloomberg, says approval of the ETF (referring to Solana ETF) depends on the outcome of the US Presidential election. Geraci commented on the thoughts of leading ETF attorney Jeremy Senderowicz on X.  Matt Rosendin, founder of CapSign, says the solution of an XRP ETF is the payment remittance firm Rippleselling XRP tokens Over-The-Counter to institutional investors on the XRPLedger.  Brazil’s Securities and Exchange Commission (CVM) recently approved a Spot Solana ETF, fueling expectations of traders for a similar investment product in the US and UK.  Solana trades at $145, and XRP trades at $0.5768 at the time of writing.