I never thought how #crypto will be able to do such things; $XRP

It has a lot of potential in different scenarios I must admit the fact.
The United States has long used sanctions as a powerful tool to pressure countries like Iran and Russia. With traditional banking networks, particularly SWIFT, being central to international commerce, removing nations from these systems severely limits their ability to trade, receive funds, or grow their economies.
However, with the emergence of decentralized technologies, sanctions are becoming more difficult to enforce. Iran and Russia, for example, have explored creating their own blockchain-based financial systems or adopting cryptocurrencies to bypass SWIFT and U.S. sanctions. Enter XRP.
If XRP or similar blockchain-based currencies become the new global payment standard, it could work in the U.S.’s favor to ensure that sanctions are airtight. Unlike traditional networks, which can be manipulated or circumvented, blockchain transactions are transparent, immutable, and traceable. This means that if a sanctioned nation attempts to use XRP for illicit transactions, the U.S. could easily track and monitor their movements.
The transparency of the XRP ledger would make it nearly impossible for sanctioned countries to hide their transactions. This could allow the U.S. to not only keep these nations in financial check but also disrupt their ability to find alternative financial avenues. It would effectively close the door on secretive money movements and prevent nations like Iran and Russia from evading sanctions while giving the U.S. more control over global financial flows.
Moreover, the adoption of XRP in global payments could encourage other countries to cooperate with U.S. sanctions. By integrating XRP into the international financial system, the U.S. could ensure that countries participating in illegal or secretive deals with sanctioned nations would also be exposed and deterred from continuing their support.
Ultimately, XRP could become an essential tool in ensuring that nations like Iran and Russia remain in check, preventing them from sidestepping international law through new payment methods. By adopting XRP as a financial monitoring tool, the U.S. can preserve its influence over global sanctions while ensuring that transparency and accountability remain at the forefront of global finance.

Hamster Kombat Player Having more than 300 keys in trouble according to analysis there account must be checked. They got keys using bot.
if a player does not install any game than how he got 300 keys. Hamster have 10 days to deal with that kind of players and in next 4 to 5 days 50% account got banned.
Hamster Active user are only 36 million and in top position like 10 and 11 level only 0.54% mean only 9 to 10 lac.
if Hamster remove bot key user than only 5 lac top players got good Airdrop.

Brad Garlinghouse was pleasantly surprised with the debut of an XRP trust.

Grayscale announced plans for an XRP trust which might become an ETF in future.

XRP token is up 5.7% in the past 24 hours with a 105% surge in trading volume.

Ripple CEO Brad Garlinghouse foresees a significant rise in XRP transfers as Grayscale prepares to launch an XRP investment trust, potentially paving the way for an XRP exchange-traded fund (ETF).

Garlinghouse expressed he was pleasantly surprised of Grayscale’s announcement, on X (formerly Twitter), stating: 

“As I’ve said before, with XRP having regulatory clarity in the US and other countries, I expect it’s only a matter of time for this space to grow.”

Grayscale’s XRP trust, the first of its kind in the United States, will be a closed-end fund offering accredited investors direct exposure to XRP, the seventh-largest cryptocurrency by market cap.

SCOOP: Grayscale to launch first US XRP trust, paving way for potential ETF@Grayscale is announcing the launch of the U.S.’s first XRP Trust, a so-called “closed-end” fund that will offer accredited investors direct exposure to $XRP.https://t.co/fjUdyAd7Nn

— E…

The post XRP Price Surges on Grayscale Trust News, Ripple CEO Predicts Growth appeared first on Coin Edition.

Is Floki Inu the Next Big Thing in Meme Coins?
What Is Floki Inu (FLOKI)?
Floki Inu (FLOKI) is a cryptocurrency that emerged as part of the meme coin phenomenon, drawing inspiration from the popular Shiba Inu coin and the larger trend initiated by Dogecoin. Named after Elon Musk's pet dog, Floki Inu quickly garnered attention within the crypto community, leveraging the popularity of meme culture and the billionaire's influence.
FLOKI is an ERC-20 token on the Ethereum blockchain and also operates on the Binance Smart Chain (BSC), making it a cross-chain token. This dual existence allows for greater flexibility and accessibility, as users can trade the token on both Ethereum and BSC networks. The Floki Inu ecosystem is designed to be more than just a meme coin, as it aims to build a community-driven project with various utilities and real-world use cases.
Key Features of Floki Inu:
Vikings Community: Floki Inu boasts a strong and passionate community known as the "Floki Vikings," who actively promote and support the project across social media and other platforms. This community-driven approach has been a critical factor in the coin's growth and popularity.
Valhalla: The Floki Inu team is developing a play-to-earn (P2E) NFT gaming metaverse called Valhalla. In this virtual world, players can earn rewards in the form of FLOKI tokens, adding a layer of utility and engagement to the ecosystem.
FlokiFi: Floki Inu is also venturing into the decentralized finance (DeFi) space with FlokiFi, which includes a suite of DeFi products such as staking and lending platforms. This further enhances the token's utility, positioning it as more than just a meme coin.
Charity and Partnerships: Floki Inu has made efforts to contribute to charitable causes, including building schools in developing countries. Additionally, the project has formed various partnerships to expand its ecosystem and increase adoption.
Does Floki Inu Have Potential?
The potential of Floki Inu lies in its ability to maintain and grow its community while delivering on its promises of utility and real-world use cases. While meme coins are often seen as highly speculative and volatile investments, Floki Inu differentiates itself by focusing on tangible developments like Valhalla and FlokiFi.
However, it's essential to recognize the risks associated with investing in meme coins. The price of FLOKI, like other meme tokens, can be highly volatile and subject to rapid fluctuations based on market sentiment, social media trends, and broader market conditions.

XRP is one of the top performers, looking at the performance over the last three weeks. After sinking below $0.40 in early July, the coin has rebounded sharply, adding 60%. As the coin outperforms leading altcoins like Solana and Ethereum, for example, there could be more room for growth.

Is XRP Ready For $150? Analyst Thinks So

From the daily chart, XRP is trending above key reaction levels. Notably, the close above $0.55 (now key support) reversed losses posted in mid-April. Additionally, the confirmation of recent gains and the close above $0.62 earlier today could spur demand, extending gains toward $0.74 and eventually $1.

As optimism reigns, one analyst on X thinks the coin is preparing for sharp gains in the coming weeks and months. Sharing a price chart, the analyst said XRP is breaking out from the local resistance and the multi-year resistance trend line. From his analysis, the trader said XRP just broke from a “massive, 2,351 days resisting trend.”

The breakout from the bull flag anchored at the swing high, when prices rose to all-time highs of over $3.20, and the swing low, $0.16, when the coin plunged to $0.16 in 2021, is crucial. In the analyst’s estimation, XRP is now preparing for more gains that could propel the coin to $150 for an over “21,000% climb” from spot rates.

Settlement Of United States Versus SEC Case Crucial

It remains to be seen how prices will behave going forward. However, one of the key drivers of demand in the coming days and weeks will be the outcome of the ongoing case pitting Ripple and the United States Securities and Exchange Commission (SEC). Despite the partial win in July 2023, the regulator wants Ripple to pay a huge penalty of $2 billion.

However, things are evolving fast, with Ripple lawyers defending that XRP is not an unregistered security as the regulator alleged. The United States SEC is being accused of regulation by enforcement, forcing crypto innovation elsewhere.

 

During the last Bitcoin conference, former President Donald Trump said if he took over, his administration would fire Gary Gensler, the current head of the Commission. Trump said his plan would be to make America the leader in crypto and even establish a BTC reserve.

Brad Garlinghouse, the CEO of Ripple, has been critical of the United States SEC. After the agency requested the court to retract their classification of some altcoins, including ADA and SOL, as unregistered securities, Garlinghouse claimed the agency has been acting to fulfill a “political agenda and/or acting on bad faith” against crypto players.

Source: NewsBTC.com

The post XRP Analyst Thinks The Coin Is Ready To Skyrocket By 21,000% To Over $150 appeared first on Crypto Breaking News.