The post XRP And Litecoin Holders Are Surprised By The Potential Of This New Presale Coin appeared on BitcoinEthereumNews.com.

XRP and Litecoin (LTC) holders are intrigued by the unexpected potential of a new presale coin. As seasoned investors in established cryptocurrencies, many are surprised by the buzz surrounding this emerging asset, which is gaining attention due to its innovative features and market potential. Can this new coin deliver on its promises? Join us as we look for the answer to this million-dollar question! Ripple CEO Addresses $2 Billion SEC Fine Reduction as XRP Faces 10% Decline On August 7, 2024, Ripple CEO Brad Garlinghouse took to social media platform X to comment on the fine imposed by the U.S. SEC. He revealed that the SEC initially sought a hefty $2 billion, but the Court reduced the amount by over 94%, recognizing the agency’s overreach. Garlinghouse expressed his respect for the Court’s decision and reaffirmed Ripple’s commitment to pushing forward with its growth plans. He emphasized that this outcome was a win for Ripple, the broader cryptocurrency industry, and the rule of law, as the SEC’s aggressive stance towards the XRP community had been addressed. How did XRP respond to this news? Between August 7 and September 10, the price had shifted from $0.60 to $0.54, exhibiting a 10% slide within a month. What does the future hold for XRP now that it’s bearish? Analysts predict that XRP will trade at $0.64 by the end of Q4 2024, showcasing an 18.52% recovery from $0.54. Fidelity Expands Crypto Offerings With Litecoin: LTC Falls 14% Fidelity Investments, a prominent financial services player, announced on July 18, 2024, that it was expanding its digital asset lineup by adding Litecoin. This move highlights growing institutional interest in the cryptocurrency, potentially paving the way for a future Litecoin Exchange-Traded Fund (ETF). Following this move, LTC moved from $71.61 to $61.55 by September 10, registering a…

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Filed under: News - @ September 15, 2024 12:18 pm