FrazAhmad

@frazahmd

1129 Following

274 Followers

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XRP slid 6.44% amid SEC appeal concerns, underperforming the broader market as investors react to US-China trade tensions. Hester Peirce highlights the SEC’s flawed crypto policies, calling for legal clarity but staying silent on ongoing cases. US BTC-spot ETFs see $91.7M net inflows despite market volatility, driven by speculation over a US Strategic Bitcoin Reserve.

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Grayscale’s XRP-spot ETF filing signals growing confidence that the SEC may withdraw its appeal in the Ripple case. XRP ETF applications from multiple issuers could drive institutional demand and push XRP toward record highs. The SEC’s silence post-closed meeting fuels speculation that new leadership may shift crypto policy in 2025.

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Mr. Caster Baldman 👨‍🦲 pfp

Mr. Caster Baldman 👨‍🦲

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(∎, ∆) Junaid Ali 🎩🔵 pfp

(∎, ∆) Junaid Ali 🎩🔵

@kingjunaid.eth

🔵 Farcaster's monthly revenue is down 96% compared to its February peak 😱 Source 👇 https://www.theblock.co/post/323003/farcasters-monthly-revenue-down-96-percent

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Gm BTC Update Ethereum price reached a weekly timeframe peak of $2.485 on Oct 12, up 7% in 48-hours. BlackRock recently sold off 182 BTC, valued at $11.34 million, just before purchasing 7,574 ETH, worth approximately $18.52 million. Ethereum derivatives markets data shows bulls may need to absorb additional selling pressure around $2,590,

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GM Sol Update Solana gains nearly 4% on Friday, the Ethereum-alternative token trades at $144.10. In the past week, Solana gained 5.42%, according to data from TradingView. SOL could extend gains by 13% to hit August 8 high of $163.70.

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BTC Update Bitcoin finds support around the 200-day EMA at $60,000; a firm close below would suggest a decline ahead. Ethereum price is nearing its crucial resistance barrier at $2,461; rejection from this level suggests a decline ahead. Ripple price consolidates between $0.506 and $0.544 key levels, suggesting a phase of uncertainty among traders.

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Bitcoin hovers around the $62,000 support level; a firm close below would suggest a decline ahead. Ethereum faces rejection from its daily resistance level of $2,461, indicating a bearish momentum. Ripple price is nearing its crucial resistance barrier at $0.554; rejection from this level suggests a decline ahead.

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BTC Update Bitcoin nears the key daily support level of $56,000, eyeing for a recovery. Ethereum price faces resistance at $2,461, suggesting a downward trend and weak momentum. Ripple price retested and bounced above the 100-day EMA at $0.553, signaling a continuation of an upward trend.

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Gm All BTC Update Bitcoin, Ethereum and XRP dip under key support levels at $60,000, $2,600 and $0.60 respectively. Tron ecosystem’s meme launchpad SunPump generates over $1.1 million in revenue within twelve days of its launch. Tron network daily revenue reached a record high of $26.83 million on Tuesday, per DeFiLlama data.

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