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- 🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas, - 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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Announcement link: https://www.gate.com/announcements/article/47104 - 🌕 Gate Square · Mid-Autumn Creator Incentive Program is Now Live!
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Big Day for Cryptocurrencies: Data from the US Could Determine Prices! - Coin Bulletin
Cryptocurrency markets are focused on the inflation data to be announced today, while investors are eagerly awaiting the Fed's interest rate decisions.
Crypto currency markets continue to be volatile with expectations for inflation data to be announced on Wednesday, December 11th.
Youholder Markets Chief Ruslan Lienkha predicted a slight increase in inflation in the market, but noted that if Consumer Price Index (CPI) data shows an increase above expectations, the current correction in the financial markets could intensify.
CPI will be announced at 16.30 on December 11th.
Lienkha emphasized that in such a situation, the timing and probability of the Federal Reserve's interest rate cuts before the new year will become a critical issue that investors will focus on.
On the other hand, stock markets did not experience significant losses similar to cryptocurrencies. After the small declines on Monday, it was observed that US markets were moving sideways as of today.