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Ripple records $408 million sold in Q2TL;DR Breakdown Swell ODL volume expanded 9x YoY during the last quarter of 2022. In Q2, the blockchain organization sold more than $408 million in XRP tokens. Be that as it may, both the cost and volume of the XRP declined in the midst of specific market factors. Blockchain installment organization Ripple delivered its Q2 monetary report on Friday, itemizing an amazing development in exchanges and On-Demand Liquidity (ODL) volume, regardless of the new accident of the cryptographic money market. Wave's ODL expanded 9x Swell said Q2 2022 was a record quarter for its On-Demand Liquidity further extended past installment and conventional settlement administrations, subsequently raising the volume by up to 9x year-over-year. ODL is a liquidity stage that use XRP to work with minimal expense cross-line installments on RippleNet. Swell expressed the majority of the volume in Q2 came from depository streams and mass installments. The organization additionally referenced that it sold $408.9 million XRP tokens in the past quarter through its ODL administrations, contrasted with the $273 million XRPs it sold in Q1 of the year. The report peruses that how much XRP sold during Q2 likens to around 0.47% of XRP's worldwide volume. At last, the expansion in XRP deals credits to the development and reception of ODL. "Swell has kept on taking part in deals exclusively connected with ODL and these volumes have sloped up significantly as Ripple's ODL business extended all around the world." Swell likewise noticed an enormous expansion in exchange counts. Per the report, the exchanges on the XRP Ledger additionally expanded to around 114.6 million, which represented $58.3 billion or 126.5 billion XRP in volume. XRP value, the volume endures a shot Regardless of the ODL's development, the cost of XRP and everyday exchanged volume endured a shot in the midst of the negative condition of cryptographic money and the more extensive resources market. XRP volume dropped by 22% QoQ, from a typical everyday volume of $1.1 billion to $862 million, per the report. During the hour of composing, XRP was up more than 4% to $0.371 during the 24hrs time period. The market capitalization was at $17.9 billion from a coursing supply of 48.34 billion XRP tokens. LIKE COMMENT AND SHARE.
KRAKEN:XRPUSDLong
by IPatrice
GOLD - Strong Rejection Ahead!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. GOLD is overall bearish trading inside our orange channel, however , it is approaching a strong support area 1675 - 1700 Moreover, the lower orange trendline acts as non-horizontal support. Thus, the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue support zone and lower orange trendline. As per my trading style: As GOLD approaches the purple circle, I will be looking for reversal bullish setups (like a double bottom pattern, trendline break , and so on...) Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
OANDA:XAUUSD
by TheSignalyst
26
Cyber Security and BeyondLSE ISPY ETF London Stock Exchange - L&G Cyber Security - Exchange-traded fund - Weekly view In the post-COVID-19 scenario, the global cybersecurity market size is projected to grow from USD 217.9 Billion (£159.3 billion) in 2021 to USD 345.4 Billion / £252.5 billion by 2026, recording a Compound Annual Growth Rate (CAGR) of 9.7% from 2021 to 2026. The market's growth can be attributed to the increasing awareness and rising investments in cybersecurity infrastructure across global organisations operating across verticals. Source: www.globenewswire.com - ISPY ETF on the LSE since the start of 2020 (644 days) has grown by 85%. - Time for profit has decreased across this year from 133 days to 63 days (blue) with time of consolidation remaining fairly level (red). - 50 simple moving average & 200 simple moving average remain very healthy. - Oscillator is in a flat top ascending triangle (bullish indicator). - Buy and Sell cloud remains equal with no changes to ATH and lows. Conclusion Cyber security is a growing profession and market, as technology progresses so will online trading (stocks, index, futures crypto etc). With development comes stability, with stability comes confidence, with confidence comes economical enhancement. Value of ISPY is still very low (less than £20 / $27.36 (as of 15.10.21 at 0723). Whether you are a new to trading or a grounded professional. ISPY would be worth adding to your portfolio. LSE requires full purchase of stocks. US/Forex allows for fractional stocks.
LSE:ISPYLong
by JRE1988