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#BinancePay Mini Dapps on LINE are the new Web3 standard with @KaiaChain! Unique experience: Gas-Free Ownership. Idea: A P2P DAO Mini Dapp for groups to manage funds & vote in chat. This offers real, friction-less social finance. What unique Dapps do you need? #RideTheKaiaWave Engage now!
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The online activity of #加密市场反弹 #Hawk is surging, with a significant increase in the number of new holders and growing community engagement across major crypto platforms. Its popularity is continually rising, and its momentum is becoming increasingly strong; this trend is on the rise. The sky belongs to the eagle #百倍币计划 #meme板块关注热点 #BSC .
XRP may be on the verge of a major price breakout, with crypto analyst identifying what they describe as "classic accumulation" signs. The analysis suggests that a strong $2.20 price support is holding despite low network activity, which may indicate that institutions are accumulating tokens off-chain. Recent news and factors affecting XRP: Institutional accumulation: Low retail investor activity, with active addresses around 15,000 to 19,000, has been interpreted as a sign of institutional accumulation taking place silently, potentially through OTC desks and custodial services.Upcoming breakout: The confluence of a stable price during retail scarcity and increasing institutional positioning could lead to a significant XRP price increase, especially if retail liquidity returns.ETF delays: Delays from the SEC due to a government shutdown had temporarily slowed down the altcoin ETF ecosystem, which may have impacted the expansion and price rally of XRP despite the launch of other altcoin ETFs.Institutional Adoption: Spot XRP ETFs are performing well, with institutional buying approaching the $1 billion mark. Grayscale's XRP ETF, in particular, launched on November 24.Whale Activity: Whale selling of $4 billion in XRP during November has tilted the supply-demand balance, reinforcing the bearish short-term sentiment.Analyst Outlook: Conflicting technical analyses surround XRP. Some analysts see potential for a run toward the $20 mark, while others have warned of potential price corrections.Market Sentiment: Market sentiment is currently uncertain, with neither extreme fear nor euphoria dominating. Ripple's Role: Ripple continues to make strategic moves to increase institutional adoption, including its acquisition of Hidden Road earlier in the year. The company holds a prime brokerage license in the US, allowing major financial firms like BlackRock to use the XRP Ledger. Note: The analysis regarding institutional accumulation and a potential price breakout is based on the opinion of a crypto analyst and is not a guarantee of future performance. Market performance is subject to a variety of factors, including regulatory actions and investor sentiment. Disclaimers:Info and knowledge sharing.Not a financial advice. DO YOUR OWN RESEARCH.(DYOR) #Ripple #Xrp🔥🔥 #XRPGoal #HotTrends #bullish
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The Federal Reserve's ultimate showdown week! These data points may become pivotal in influencing interest rate cuts!
BlockBeats news, in the week ending November, the combination of the Thanksgiving holiday in the United States and the sudden network outage at the CME data center triggered a massive shock in the financial markets: spot gold and silver experienced extreme volatility, and after futures resumed quoting, they entered a frenzy mode, with gold soaring nearly 150 dollars in a week, strongly returning above 4200 dollars. Meanwhile, weak U.S. economic data adds to the uncertainty - September's PPI and retail sales performance fell short of expectations, and the ADP weekly private sector employment data was similarly lackluster, casting a shadow over the direction of the Federal Reserve's policy.
Next week is deemed the Federal Reserve's "tone-setting showdown week," where a flurry of data and statements from big players will dominate market direction:
- Tuesday 09:00, Federal Reserve Chairman Powell will attend a commemorative event and deliver a key speech; 23:00, Federal Reserve Governor Bowman will testify before the House committee. - From Wednesday to Friday, core data will bombard the market: November ADP employment numbers, September import price index, monthly industrial output rate, final value of S&P global services PMI, ISM non-manufacturing PMI, initial jobless claims, as well as September's core PCE price index (year-on-year + month-on-month), monthly personal spending rate, initial value of December inflation expectations, preliminary value of the University of Michigan consumer confidence index, and other heavyweight indicators will be released in succession.
Key highlights: If November's services PMI continues to expand healthily, it will add more ammunition to the Federal Reserve's hawkish camp; if it falls below the 50.0 boom-bust line, calls for immediate interest rate cuts will gain strong support. In addition, next Wednesday's ADP employment report is a key "advance indicator before non-farm payrolls" - the official non-farm report for October has been canceled, and the November non-farm data will not be released until December 16th; this private sector employment data will become the "only real-time barometer" of the labor market, with its performance directly impacting market expectations for policy easing.