BTCUSDT BlackRock CEO Larry Fink said that it is possible to raise interest rates sometime in the next 12 months or so, but he also warned that this situation is not his core forecast, but he sees this possibility. He said that the bond market shows that inflation may be higher than people think. If you look at the U.S. bond market a year and a half ago, the United States experienced very high inflation at that time.
BTCUSDT Trump's second son Eric Trump has confirmed that US-based crypto projects such as XRP and HBAR will soon benefit from zero capital gains tax instead of 30% capital gains tax. In addition, Senator Ted Cruz plans to overturn a controversial IRS regulation that requires DeFi brokers to submit user data and income reports
BTCUSDT Nate Geraci, President of The ETF Store, tweeted that the New York Stock Exchange (NYSE) has filed a 19b-4 form to list and trade the Grayscale Litecoin Trust, signaling its potential upgrade or conversion into an exchange-traded fund (ETF). Meanwhile, CoinShares has also submitted applications for Litecoin and XRP ETFs
Break out on both BTC , ETHUSDSOLUSD from recent resistances showing possible move up for the market.
Also XRP is about to move soon based on the insane tightening of the Bollinger bands on the 4Hr.
Technicals look good for a move up, but you never know. But this sideways action looks like its about to end soon. Usually when things tighten this much we see a move, but be weary of a fake out candle to the down side like we had just earlier this month.
Not predictions, but the following bar patterns as seen from the arrows can give an idea of something similar we might see over the coming weeks.
XRP Bullish even up to a dip down to 2.63 as well, but I doubt we get down there, no matter how bad I want to so I could look for a leveraged long, guess I'll just hold what I have in spot for now.