Can XRP ETF Approval Lead to a $5 Price Rally? Memecoin Whales Prefer This $0.06 Alternative

bitcoinistPubblicato 2024-12-12Pubblicato ultima volta 2024-12-12

Introduzione

The cryptocurrency market is buzzing with speculation about whether an XRP Exchange-Traded Fund (ETF) will be approved and what the...

The cryptocurrency market is buzzing with speculation about whether an XRP Exchange-Traded Fund (ETF) will be approved and what the ripple effect would have on Ripple’s native token, XRP. Such an approval could push the price of Ripple to the $5 mark, breaking the all-time high of $3.84 set back in 2018. However, experienced traders who have made money off of memecoins are now beginning to watch a new $0.06 AI-powered cryptocurrency with strong growth potential.

How Will XRP’s ETF Prospects Affect Ripple’s Price?

Ripple has been a big part of crypto for a long time by this point, with its quick processing times and partnerships with financial institutions. XRP was under the gun for the better part of four years, being in a deadlock against the US SEC. However, following the 2024 US Elections came a new regulatory playground for crypto. With Trump’s pro-crypto policies, XRP’s price managed to break past the $2 mark.

The exciting 300% November rally of Ripple and favorable crypto-related policies have raised the question of the XRP ETFs approval. Comparatively, when Bitcoin and Ethereum ETFs were approved, they were deemed the most successful ETF launches since gold. Analysts are quoted as saying that the XRP ETF could set a new bullish period for crypto.

Recent price action has seen Ripple recover from the 10% decrease over the past week, with a 6% increase over the last day. XRP’s current price is at $2.37 as of December 11th, with Ripple still facing volatility. Analysts claim that the approval of XRP’s ETF would drive Ripple’s price to a new all-time high near the $5 level, with some analysts predicting it to rise above $10.

IntelMarkets (INTL): The $0.06 Favorite Of Memecoin Whales

IntelMarkets (INTL) is an AI-based altcoin set for launch growth and available at a phenomenal rate. The INTL platform uses AI to gather data from trading platforms to help investors make informed and data-driven investment decisions. IntelMarkets offers users the first commercial application of AI combined with proprietary blockchain technology. The platform gives users access to crypto trading assets using machine learning and data sets to help investors make more informed decisions.

The IntelMarkets platform offers users a dual-functionality exchange since it can run on both Ethereum and Solana blockchains. This flexibility allows investors to pick their blockchain according to what works best to optimize their trading strategies. INTL also has several advanced processing tools that improve trading performance in real-time. The process involves optimizing hyperparameters relevant to each trading indicator.

Key Features of IntelMarkets (INTL):

  1. AI-Driven Trading: IntelMarkets offers Advanced AI algorithms to optimize trading strategies and maximize profits, while minimizing risk.
  2. User-Friendly Interface: INTL is the ideal platform for new traders as well as seasoned investors looking for the best trading solution.
  3. Robust Security Measures: IntelMarkets implements state-of-the-art security protocols to protect user’s data and assets. With the announcement of the first quantum-proof wallet, INTL stands at the forefront of cyber security.

IntelMarkets (INTL) is currently available during its initial coin offering (ICO) for $0.06, offering early investors to get in on the ground floor of this exciting project. Having raised more than $4 million in presale funding, early investors have shown a strong vote of confidence for IntelMarkets. According to market analysts, the solutions provided by INTL and its main features such as being an AI and DeFi solution, could make the project experience exponential growth after its launch.

Final Thoughts

A potential approval of an XRP ETF though would expand on the market value of Ripple, making it a noteworthy asset amongst investors. However, the alternative for those who are hoping for transformational gains is IntelMarkets (INTL). This is a unique opportunity with the potential for a significant outbreak upon listing on Tier-1 exchanges. For those looking to follow in the footsteps of whales and grab their secret investment strategies, IntelMarkets is the place to go for outstanding returns.

Buy Presale

Website

Telegram

Bitcoinist

Bitcoinist

Bitcoinist is the ultimate news and review site for the crypto currency community!

Related Posts

Solana and XRP Charts Signals Breakout Potential, Early INTL Buyers Up 610%

Solana and XRP Charts Signals Breakout Potential, Early INTL Buyers Up 610%

2 hours ago
Why Is Solana Crashing After US Elections? Experts Blame Speculative Memecoins

Why Is Solana Crashing After US Elections? Experts Blame Speculative Memecoins

2 hours ago
Shiba Inu’s Rise Creates Opportunity for this High-Potential Altcoin, Could it Reach 45,101% Growth

Shiba Inu’s Rise Creates Opportunity for this High-Potential Altcoin, Could it Reach 45,101% Growth

8 hours ago
Buy These Altcoins That Are Expected To Jump 33,000% By January 2025: PEPE, BONK, ETFS, SHIB

Buy These Altcoins That Are Expected To Jump 33,000% By January 2025: PEPE, BONK, ETFS, SHIB

8 hours ago
Dogecoin Crash Triggers Shift to This Viral Altcoin Drawing Similarities to 10,000% Rally in 2017

Dogecoin Crash Triggers Shift to This Viral Altcoin Drawing Similarities to 10,000% Rally in 2017

9 hours ago
3 Reasons Why ETFSwap (ETFS) Is Expected To Outperform Dogecoin, Shiba In, And XRP By 35,000% This Crypto Bull Run

3 Reasons Why ETFSwap (ETFS) Is Expected To Outperform Dogecoin, Shiba In, And XRP By 35,000% This Crypto Bull Run

10 hours ago

Letture associate

Crypto Gains State-Level Support As South Carolina Bans Federal CBDCs

South Carolina has joined over a dozen U.S. states in enacting legislation to protect cryptocurrency rights. Governor Henry McMaster signed Senate Bill 163, which passed with near-unanimous support. The law prohibits state agencies from accepting or requiring payments in a Federal Reserve-issued central bank digital currency (CBDC) or participating in related pilot programs, though privately issued stablecoins like USDC remain permitted. Beyond the CBDC ban, the legislation establishes a broad framework for digital assets. It protects the right of individuals and businesses to accept cryptocurrencies as payment, formally recognizes self-hosted wallets, and prevents discriminatory taxation on digital asset transactions. The law also provides legal protections for crypto mining operations against unfair local regulations and exempts certain activities like node operation and staking services from money transmitter licensing. It includes consumer protection measures, allowing the state Attorney General to prosecute fraud in staking or mining services.

bitcoinist48 min fa

Crypto Gains State-Level Support As South Carolina Bans Federal CBDCs

bitcoinist48 min fa

When Hyperliquid Takes Away Solana's "Internet Capital Markets" Script

The article discusses how Solana's vision of becoming the "Internet Capital Markets" is being challenged, primarily by the rise of Hyperliquid. While Solana positioned itself as a high-performance blockchain for tokenizing all global assets, its native token SOL has significantly underperformed, and its core narrative faces pressure. Hyperliquid, initially a perpetual contracts platform, has evolved into a specialized Layer 1 financial network. Its focused, trading-optimized design is attracting users and capital, suggesting a vertical L1 may be better suited for a core capital market than a general-purpose chain like Solana. This external competition was compounded by an internal $200M+ exploit on Solana's key derivatives protocol, Drift, creating a strategic vacuum. In response, Solana founder Anatoly Yakovenko heavily promoted the Phoenix protocol as a decentralized, composable alternative. However, Phoenix's trading volume remains far behind leading platforms. Solana supporters also launched critiques against Hyperliquid's decentralization, citing its limited validators and closed-source code. Critics countered that Solana's own decentralization metrics have weakened, and the foundation's overt backing of Phoenix caused friction with other ecosystem builders. The piece concludes that Solana risks losing the "Internet Capital Markets" race if it cannot regain dominance in derivatives, potentially remaining a meme coin hub rather than achieving its grand ambition of hosting all global assets.

marsbit1 h fa

When Hyperliquid Takes Away Solana's "Internet Capital Markets" Script

marsbit1 h fa

Trump Signs Executive Order, Kraken, Coinbase and Others May Gain Access to Fed Payment Channels

President Trump has signed an executive order, "Incorporating Financial Technology Innovation into the Regulatory Framework," pressuring the Federal Reserve to reassess its rules on granting non-bank financial companies—including crypto and fintech firms—access to its payment systems, specifically master accounts that connect to the Fedwire settlement system. Currently, such accounts are primarily reserved for depository institutions. The order mandates a review to determine if broader access is permissible and to establish an application process. This move, supported by figures like Senator Cynthia Lummis, aims to reduce barriers to innovation and lower public payment costs by fostering fairer competition. It does not grant immediate access but could pave the way for companies like Kraken, Coinbase, Ripple, and Circle to reduce reliance on intermediary banks, lowering costs and speeding up settlements. A key precedent is the Kansas City Fed granting Kraken's parent company a restricted master account in March, offering limited payment services without interest or credit privileges. This model is seen as a potential template for allowing controlled access while mitigating systemic risk. Other firms like Anchorage, Paxos, and BitGo, which hold specialized banking charters, are also well-positioned to apply. The banking industry, represented by the American Bankers Association, opposes easing access, arguing any institution handling bank-like payments must meet the same stringent regulatory, consumer protection, and risk-management standards as traditional banks. Their core concerns include potential systemic risks, compliance gaps in areas like anti-money laundering, and the diversion of liquidity from the traditional banking system. The outcome of the Fed's review will be crucial in determining whether and how crypto and fintech firms can integrate more directly into the core U.S. financial infrastructure, balancing innovation with financial stability.

marsbit1 h fa

Trump Signs Executive Order, Kraken, Coinbase and Others May Gain Access to Fed Payment Channels

marsbit1 h fa

The First Large-Scale Strike in the AI Era Comes from the Factories That Build AI

The article describes a potential large-scale strike at Samsung Electronics, narrowly averted in May 2026 after a temporary agreement. The strike, planned by the company's union, would have been the first major labor action in the AI era targeting a core AI supply chain player. Samsung, alongside SK Hynix, produces roughly two-thirds of the world's memory chips, critical components for AI training and data centers like HBM. An 18-day strike could have disrupted global supply, affecting prices and production for tech companies and cloud providers. For South Korea, where semiconductors constitute about 35% of exports and Samsung represents a quarter of the stock market's value, such an action threatens national economic stability. The union's demands include a 7% base wage increase and, crucially, a clear, substantial profit-sharing model. They want 15% of annual operating profit as an employee bonus pool and the removal of the existing cap (about 50% of annual salary). This frustration is amplified by seeing rival SK Hynix successfully negotiate a deal granting employees 10% of operating profit as bonuses, with reports suggesting some workers could receive bonuses equivalent to hundreds of thousands of dollars. The conflict stems from deeper issues in South Korea's chaebol (conglomerate) system, where rapid national industrialization often prioritized corporate growth over labor rights. Samsung long maintained a "no union" policy until a 2020 apology from its leader. The article argues this strike highlights a fundamental tension in the AI age: as technology advances and corporate profits soar—often driven by AI—the workers who build the infrastructure are demanding a fair share and dignity, rejecting the notion that they are mere expendable components in a machine that "must not stop." The piece concludes that the true test of the AI era isn't just computational power, but whether the people who build the future can secure a stable and valued place within it.

marsbit2 h fa

The First Large-Scale Strike in the AI Era Comes from the Factories That Build AI

marsbit2 h fa

Ripple’s Fed Master Account Bid Gains Momentum After Trump Order

President Donald Trump has signed an executive order directing financial regulators and the Federal Reserve to review expanding fintech and crypto firms' access to core payment infrastructure. This order significantly advances the industry's push for direct Fed connectivity, a central issue for Ripple. The company has been seeking a Federal Reserve master account as part of its strategy for its RLUSD stablecoin, which would allow it to hold reserves directly with the central bank and access its payment rails. The order, titled "Integrating Financial Technology Innovation into Regulatory Frameworks," mandates a Fed review within 120 days on allowing access for entities like uninsured depository institutions and non-bank financial companies, including those in digital assets. This creates a formal policy timeline for resolving whether crypto payment firms must rely on traditional bank intermediaries. Ripple's application for a national bank charter and a master account is part of this broader landscape. The issue gained precedent when Kraken Financial received a limited-purpose master account, while Custodia Bank's application was denied after a legal battle. The Fed has also proposed a more restricted "payment account" option. Trump's order does not guarantee approval for Ripple but forces a high-level examination of the regulatory barriers, bringing the company's long-running effort to the forefront of Washington's financial policy agenda.

bitcoinist2 h fa

Ripple’s Fed Master Account Bid Gains Momentum After Trump Order

bitcoinist2 h fa

Trading

Spot
Futures
活动图片