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- 🌕 Gate Square · Creator Incentive Program Day 10 Topic– #Fed Cuts Rates By 25 Bps# !
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🔥 Day 10 Hot Topic: Fed Cuts Rates By 25 Bps
The Fed lowered its benchmark rate by 25 basis points to 4.00%–4.25%, in line with market expectations. This marks the restart of the rate-cut cycle since the pause last December. Lower rates often boost liquidity and risk appetite, which could be - 🚀 Gate Square Newbie Village · Episode 1 ✖️ @Ryakpanda Community
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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 Square · Mid-Autumn Creator Incentive Program is Now Live!
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Bull Sign Came for Ripple, Says: First Target Could Be 40% Increase! - Coin Bulletin
The analyst, who described the meeting with Donald Trump as an important bull signal, pointed to a 40% rise for Ripple.
Ripple, especially after the dinner between Ripple CEO Brad Garlinghouse and General Counsel Stuart Alderoty with Presidential Candidate Donald Trump, gained even more value.
Garlinghouse, in his social media post, used the expression, 'A great dinner... A strong start to 2025.'
Nansen research analyst Aurelie Barthere commented, "The Ripple CEO's meeting with Trump is definitely a positive sign for the bull market".
The increase in the price of XRP is also supported by the expectation of an XRP exchange-traded fund (ETF) announced by Ripple. Ripple President Monica Long conveyed the expectation that an XRP ETF will be launched this year.
What does the technical indicator point to on Ripple
In technical analysis, XRP is forming a "descending triangle" formation after rising to a level of $2.9 at the beginning of December. These types of formations usually indicate a resumption of upward movement in price, and in this case, it is predicted that the price of XRP could rise by 40%.
In addition, data obtained from social media and market comments show that there is an increasing interest in Ripple and it contains more positive sentiment than other major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH).
Possible changes in the regulatory approach of the Trump administration and the change in the chairmanship of the SEC could create a more favorable regulatory environment for XRP.