“Attention XRP, BTC, and Cryptocurrency Holders: Something Big is Coming in the Next 72 Hours!”

Bitcoin has been facing stagnant prices while news continues to be unpredictable. There are several announcements of dates in the coming weeks, starting on Wednesday, the 12th with the inflation rate numbers. Many analysts believe Bitcoin may break towards the downside, as they are watching for the 200 weekly moving average. The moment Bitcoin crosses this major resistance, bulls will have the upper hand, but a massive rejection and downwards break will put Bitcoin back at the two-week moving average. Europe has urged to reduce its dependence on the US dollar, and many believe money is flowing out of the US and into cryptocurrencies. The SEC is reviewing communications with JP Morgan about Ripple after a year-long Freedom of Information Act request.

Europe Must Reduce Its Dependence on the United States, Macron Says on His Flight Back from China

It seems like we’re in the craziest spot right now, with all the news surrounding Bitcoin and cryptocurrencies. While the Bitcoin price has been on a break, all eyes are on the upcoming U.S. inflation rate event. The U.S. inflation numbers will be released on Wednesday, July 12, followed by the FOMC minutes. The consensus around the market leans towards a massive move towards the downside, with analysts watching for the 200 weekly moving average. If Bitcoin crosses this major resistance, then it’s most likely a bull market. If Bitcoin gets a massive rejection and breaks towards the downside, then it’s going to be a bear market.

The breaking dollar hegemony and the increasing number of countries opening up to cryptocurrencies are leading the world towards hyper Bitcoinization. With Europe talking about reducing its dependence on the United States, it seems like a lot of money is flowing out of the US dollar and into cryptocurrencies. Many countries are joining the race towards worldwide Bitcoin adoption, and this is reflected in the increasing number of contracts and customers being signed.

The SEC is reviewing its communications with JP Morgan about Ripple, going back to August 2022. Ashley Prosper filed a Freedom of Information Act request demanding disclosure of any communications between the SEC and JP Morgan about Ripple. Although she alleges that some private companies influenced the SEC’s decision to go after Ripple in December 2020, all efforts to have the SEC release the documents have yielded no positive results.

In conclusion, while the news surrounding Bitcoin and cryptocurrencies can be overwhelming, it’s essential to keep updated with the latest trends and events. It’s important to stay informed about inflation rates, market movements, and new developments in the crypto world. It’s also important to keep an eye on the legal battles involving Ripple that could impact the direction of the market. Understanding the current state of affairs around Bitcoin will help investors make informed decisions that can lead to success in the market.

Notify of
Inline Feedbacks
View all comments

Why Defying this Trend Could Trigger an Epic Shake-up in Altcoin Markets!

The content is a video where a person discusses the recent bounce in the stock market and the current state of Bitcoin trading. He notes that the stock market has shown some bullish momentum and is waiting...

Pink Moon Studios Introduces KMON: World of Kogaea.

Pink Moon Studios, a Web3 gaming company, has launched its new 3D open-world game, “KMON: World of Kogaea.” Access to the game is currently limited to Kryptomon NFT holders. To celebrate the...

Discover the Untold Secrets of a Crypto Portfolio with 50x Crypto INCLUDED!

Sam provides an update on his cryptocurrency portfolio, stating that he holds a significant amount of stable coins, with 28.3% of his portfolio in the asset. He also discusses his holdings in Bitcoin,...

Is the Crypto Market Headed for Collapse in 2023? Find Out Now!

A video posted by a popular YouTuber warns crypto investors of an impending market collapse in 2023. The YouTuber suggests that investors should stack cash and prepare to buy crypto coins when prices are...

What's Next for Ripple XRP? ANKR Hack of $5 Million and Brazilian Crypto Legal Tender?

The Brazilian Congress has passed a bill that allows banks to provide payment services around Bitcoin and other cryptocurrencies. The development is a positive step towards proper regulation in the country....

Don't Miss Out on This Crypto That Is the Future!

Quantum computing is 150 million times faster than supercomputers, posing a threat to data security, including in the crypto industry. As quantum processors are being developed faster than ever, one project...

Get Ready for the Upcoming Transformations!

Tyler of Chico Crypto posted a candid video explaining his recent absence from YouTube due to a major depressive episode. He has been open about his struggles with depression and believes that the YouTube...

"Is EOS Approaching the $4B Final Stretch? It's Time for Action!"

The latest episode of Good Morning Crypto discusses the end of the year-long EOS ICO and what it means for the cryptocurrency ecosystem. The format ensured that tokens were distributed in a fair way, and...

Has Ledger Crypto Wallet Made a Terrible Mistake? Find Out Now!

The New York Times has conducted an investigation into China’s use of technology in investigating and oppressing its Muslim Uighur minority. The Times argues China has intentionally collected DNA...

Is Fantom FTM the Crypto Gem You're Overlooking? (Discover the Top Altcoin Gainer for 2023)

In this video by Crypt Busy, Tom introduces viewers to Phantom (FTM), a layer one blockchain with proof of stake consensus and scalability. FTM is also EVN-compatible and has its own utility token used...
Load More



Coming Soon

Subscribe and be the first to know about the launch

Look at our roadmap


Thanks for subscribing

You will only receive important notifications
For now, follow to our social networks