3 hours ago
TL;DR The launch of Ripple’s stablecoin launch, leadership changes at the SEC, and a potential lawsuit settlement could impact XRP’s future. Analysts forecast short-term targets of $2.78 to $8.76, with potential for further growth if the price reaches $10. Wait for These Things to Happen Despite the latest correction, which briefly suppressed the price of XRP to under $2.25, Ripple’s native token remains one of the best performers in the market this year. It currently trades at around $2.42, which represents a whopping 300% increase since January 1. XRP Price, Source: CoinGecko The pump was long anticipated by the XRP army, and some members might be contemplating whether to sell some of their holdings. However, one market observer, using the X moniker Maxi, said investors should wait a bit longer. The analyst outlined seven vital factors XRP investors should get checked before eventually cashing out. The first element is the launch of Ripple’s stablecoin – RLUSD. As CryptoPotato reported , the financial product meant to be pegged 1:1 to the American dollar saw the light of day on December 17. The second thing is Donald Trump’s inauguration, scheduled for January 20, 2025, while Gary Gensler’s departure from the US SEC is the third factor. The agency’s leader, who is known for his anti-crypto approach, will vacate his post next month, with Paul Atkins replacing him at the helm. The latter has a completely different stance toward the digital asset sector, advocating for implementing regulations that foster innovation in the space. Next on the list is the eventual settlement of the lawsuit between Ripple and the US SEC . The entities have been confronting on the legal front for four years, with some seeing the agency as the underdog. After all, Ripple secured some vital (yet partial) court wins, while the upcoming shift in the leadership of the Commission could lead to a favorable resolution. The other factors investors should wait for include the beginning of the altseason, a potential partnership between Ripple and a large banking institution, and the possible launch of an XRP ETF. XRP Price Predictions Some of the people making bullish forecasts as of late include the X users JAVON MARKS and Dark Defender. The former expects a potential price explosion, while the latter set $5.85 and $8.76 as short-term targets. Most recently, Armando Pantoja also chipped in. He claimed that XRP could be headed toward $2.78 and then $3.87. The analyst went even further, forecasting a mass FOMO effect if the price reach $10-$12, and “that’s when it will get crazy.” The post Don’t Sell Your Ripple (XRP) Until These Seven Things Happen (Analyst) appeared first on CryptoPotato .
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
BitFuFu surpasses 520,000 registered cloud-mining users
More on BitFuFu BitFuFu Earnings: A Bad Q3 And Larger Concerns BitFuFu: Cloud Mining Is Powering Growth BitFuFu enters long term lease agreements for two mining facilities BitFuFu says 1,643 BTC held, and 84 produced from self-mining operations in November Seeking Alpha’s Quant Rating on BitFuFu Crypto Potato
Bety.com Introduces Blockchain-Powered Transparency and Fairness to Online Gaming
Victoria, Seychelles, December 19th, 2024, Chainwire BETY.com is enhancing the online gaming and betting landscape by integrating blockchain technology and hash algorithms to create a transparent, secure, and open gaming experience. The platform addresses long-standing challenges in traditional casinos, such as fairness and credibility, by providing a decentralized and verifiable gaming ecosystem. Bety.com’s Blockchain Technology Application BETY.com’s core innovation lies in its blockchain-based game result generation. By leveraging the immutability and transparency of blockchain technology, the platform has introduced new standards of accountability in the gaming industry. Decentralization and Immutability All game data and betting records are stored securely on the blockchain, ensuring they remain immutable and free from external tampering. This decentralized approach eliminates the risks associated with traditional casinos, such as manipulation or data alteration, offering players a reliable and verifiable system. Smart Contract Automatic Settlement BETY.com employs smart contract technology to automate game result generation and settlement. Each bet placed and reward earned is executed instantly through smart contracts, eliminating manual operations and the possibility of human interference. This process enhances operational efficiency and ensures a seamless user experience. Hash Value Verification Game results on BETY.com are generated using hash algorithms. Before each game begins, the platform creates a random server seed value, which is hashed to produce a unique value. After the game ends, players can verify the results by cross-referencing the player seed value and server seed value, ensuring the outcome’s fairness. This transparent process allows players to independently verify game results, reinforcing the platform’s credibility. Innovative Gaming Experience BETY.com offers a range of hash-based games designed for simplicity and engagement. These games include: Hash Luck: Players select lucky numbers, with prizes awarded for matches. Dragon Tiger: Players bet on the Dragon or Tiger hand; the higher card value wins. Hash Lottery: Match drawn numbers for escalating payouts. Hash Banker Player: Players bet on either the Banker or Player’s hand for higher points. Hash Even Odds: Players wager on even or odd outcomes for returns. Jackpot Balance BETY.com’s jackpot balance creates an engaging prize pool where each bet contributes to potential payouts. Players can use cryptocurrencies like USDT or TRX to participate and monitor real-time prize pool updates, adding to the transparency. Real-Time Transparency All bets and game results are recorded on the blockchain. Players can view complete histories through blockchain browsers, ensuring absolute transparency and accountability. Ultra-Fast Transactions The platform supports instant payments and withdrawals in multiple cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and more. This eliminates reliance on traditional payment systems, significantly improving capital flow efficiency. BETY.com’s Impact and Future Prospects BETY.com is establishing itself as a significant player in the online gaming sector by modernizing traditional betting methods. Through its integration of blockchain technology and hash algorithms, the platform offers players a verifiable, decentralized system, addressing concerns around fairness and transparency. Global Reach and Inclusiveness BETY.com’s decentralized nature eliminates geographical restrictions, allowing global participation through cryptocurrency. Additionally, the platform’s anonymity and privacy features create a secure and inclusive environment for players worldwide. Technology-Driven Growth As blockchain technology evolves, BETY.com plans to enhance its capabilities by introducing advanced random number generation algorithms, optimizing smart contract efficiency, and exploring innovations such as NFTs and the Metaverse. These advancements aim to enrich the gaming experience and expand the platform’s reach. Platform Highlights Versatile Offerings: Combining casino gaming, sports betting, virtual sports, e-sports, and more. Cryptocurrency Support: Accepts Bitcoin, Ethereum, Tether, Litecoin, and other popular cryptocurrencies. Customer Support: Provides 24/7 assistance through live chat and multiple payment options. Regulatory Compliance: Adheres to international gaming regulations and promotes responsible gambling. Transfer Limits: Supports flexible transaction ranges from $10 to $100,000. Advancing Online Gaming Through Blockchain Technology BETY.com is refining the online gaming industry with its blockchain-driven approach, offering enhanced transparency and fairness. By leveraging advanced technology and prioritizing user experience, the platform creates a reliable and innovative environment for players. With continuous upgrades and an expanding user base, BETY.com is well-positioned to support future advancements in the gambling sector. About bety.com Bety.com is the pioneering decentralized betting platform and it stands at the forefront of a significant shift in the gambling landscape, positioning itself as the world’s first decentralized betting platform. By harnessing the power of blockchain technology, bety.com aims to transform how users engage in gambling and gaming, creating an ecosystem that prioritizes user security, transparency, and fairness. Players can register now to claim their bonus and begin their journey. With each game, there are opportunities to play, win, and potentially unlock rewards. Additionally, they can access valuable tips and tricks to enhance their gameplay. Starting a free trial offers the chance to experience the world of crypto gaming. Contact Liaison Officer Jovie J.T. Villa business@bety.com Crypto Potato
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