Bitcoin is on the cusp of reaching an unprecedented milestone of $100,000 per coin. Last week, it soared to an all-time high of $99,588 before facing a 7% correction, dipping to $90,791 on Tuesday. By Friday, the cryptocurrency began recovering and is now trading steadily around $97,000. This momentum is bolstered by political developments, including … Continue reading "Bitcoin Eyes Historic Milestone as $100K Breakout Nears" The post Bitcoin Eyes Historic Milestone as $100K Breakout Nears appeared first on Cryptoknowmics-Crypto News and Media Platform .
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Big Claim: Ripple (XRP) Case Nears End, SEC May Withdraw Objection!
The SEC-Ripple case, one of the most important events in the cryptocurrency market, continues with the SEC`s objection. However, former Chairman of the Commodity Futures Trading Commission (CFTC), Christopher Giancarlo, suggested that the SEC may decide to drop the ongoing case against Ripple. Fox Business correspondent Charles Gasparino shared that Giancarlo said that with Donald Trump coming to power, the new SEC will reconsider its legal action against Ripple and may withdraw its objection. Charles Gasparino added in his X post that he believes that Donald Trump’s election as US President is a game-changer for XRP. “I think the game changer for XRP is Donald Trump being elected president. Former CFTC Chairman Chris Giancarlo believes the new SEC will drop the appeal of the part of the Ripple case that it lost, as he told me on Fox Business. My view is that it makes a lot of sense.” Apart from former CFTC chairman Christopher Giancarlo, pro-XRP lawyers Bill Morgan, Fred Rispoli, and Jeremy Hogan also claimed that the Ripple lawsuit objections would likely be rejected or withdrawn. “The primary reason to continue a nearly hopeless objection is political, and that reason will largely disappear when Gary Gensler resigns on January 20, 2025,” Bill Morgan wrote in his post. As is known, the court ruled that Ripple’s institutional XRP sales were considered securities, while XRP sales made on exchanges were not, upholding a previous summary judgment issued in July. The court also declared that XRP did not meet the definition of a security. The SEC filed an appeal to overturn the court’s decision, stating that it did not agree with it. https://twitter.com/CGasparino/status/1862177479227519037 *This is not investment advice. Continue Reading: Big Claim: Ripple (XRP) Case Nears End, SEC May Withdraw Objection! Cryptoknowmics
XRP And Solana Rally But New Altcoin Emerges As Hottest Presale of 2024
Ripple (XRP) and Solana experienced a major rally in November. As the uptrend continues, 1FUEL (OFT) is emerging as a solid crypto presale to invest in. Analysts are optimistic the positive outlook will remain unshaken. Solana hit a new all-time high whilst the shifting crypto regulatory landscape in the U.S. has worked in XRP’s favor. The privacy-focused cryptocurrency 1FUEL has become a hit with growth-driven investors. Is 1FUEL a better investment option than XRP and Solana? XRP Makes Major Moves XRP has benefited from Trump’s election win. With Trump taking a pro-crypto stance, XRP has been rising on prospects of relaxed crypto regulation. This is because Ripple had been sued by the U.S. SEC on charges of selling unregistered securities. With November being kind to the crypto market, XRP climbed 177% in the past 30 days. Its price reached a local top of $1.51, marking its highest price in 3 years. However, analysts believe XRP has little room for growth following its explosive rally. 1FUEL: The Best Crypto Presale of 2024 2024 is coming to a close and few crypto presales can challenge 1FUEL in terms of potential returns. With its one-click technology, 1FUEL is a better investment option than Solana or XRP because its price is at its lowest ever. It has a built-in mixer to protect the privacy of users. This feature anonymizes transactions, protecting them from the eyes of anonymous users. With crypto theft remaining a problem, 1FUEL offers military-grade cold storage solutions. Digital assets are kept offline, away from the reach of nefarious hackers. Most importantly, users own the keys to their assets. It is an adage in crypto that without any keys, users don’t own the assets. With the 1FUEL crypto card, users can spend their holdings to pay for goods and services such as coffee, flights, and more. In addition, 1FUEL offers disposable wallets, making it an excellent solution for short-term transactions. The project has had its smart contracts independently audited to ensure peace of mind for investors. This is not a once-off thing. The smart contracts will be continually audited to make sure there are no loopholes hackers can expose. Users can enjoy cross-chain transactions. This means they don’t have to go through several wallets to accommodate different networks. The one-stop shop 1FUEL Wallet handles everything. Bitwise Files for Solana ETF After hitting a new all-time high of $263.21, Solana has retraced more than 10% to trade at $235.04. Its monthly DEX trading volume surpassed $100 billion for the first time, leaving Ethereum trailing behind. Moreover, the race for Solana ETFs is intensifying, with Bitwise throwing its name in the hat. Analysts say institutional investors will soon be getting exposure to Solana via ETFs. This will increase the demand for SOL and possibly drive its price higher. Conclusion November has been an explosive month for crypto investors. Older cryptocurrencies led the charge as Bitcoin barely missed the $100K mark. With renewed optimism over friendlier crypto regulation in the U.S., XRP and Solana were on a winning streak, notching major gains. Analysts now believe these altcoins have limited upside potential. This has allowed XRP and SOL investors to rotate their capital into 1FUEL, the next breakout cryptocurrency. The presale is a game-changer with its groundbreaking privacy and cross-chain features. Don’t miss out on this opportunity to create life-changing wealth. Join 1FUEL’s presale today at its lowest price ever and watch your investment surge 100X while storing your digital assets safely in cold storage. If you would like to find out more information about the presale: Presale: https://www.1fuel.io/ Telegram: https://t.me/Portal_1Fuel X: https://x.com/1fuel_?s=21 The post XRP And Solana Rally But New Altcoin Emerges As Hottest Presale of 2024 appeared first on TheCoinrise.com . Cryptoknowmics