Bitcoin starts this morning at around $28k, with some altcoins following stability or with slight declines. As a highlight of today’s morning (21), XRP rises 2.44%.
XRP wins 50 new whales
It is possible that this rise is the result of the accumulation of large investors (market whales). In just one month, 50 new whales with 10 million up to 100 million XRP joined the market.
These investors bought around 420 million XRP
with an extremely positive movement of accumulation of whales, which holds between 10 million and 100 million of the asset.
The surge in interest from big investors comes at a time when the US securities regulator (SEC) is losing a case against Ripple Labs, creator of XRP.
Perhaps this purchase is anticipating a victory for Ripple against the SEC in a case that has been going on for almost 3 years now.
Bitcoin price could skyrocket with tomorrow’s meeting
The meeting will take place tomorrow and big figures like Elon Musk and other entrepreneurs asked for interest rates to remain at the same level or to decrease.
The meeting will take place tomorrow and big figures like Elon Musk and other entrepreneurs asked for interest rates to remain at the same level or to decrease.
Coinbase arrives in Brazil
Coinbase officially announced its arrival in Brazil with the possibility of receiving reais via PIX in the official app of the largest US brokerage.
One of the points for the entry of Coinbase in Brazil was the legal clarity of cryptocurrencies given by the Brazilian State during the last government.
It is yet another competitor and a way for users to enter the Brazilian market, which already has 25 cryptocurrency exchanges and dozens of private sellers.
