Rally

Bitcoin ETF

Coin

<p><br> </p>
<p style="text-align: justify"><a href="https://en.coin-turk.com/japan-introduces-stricter-aml-rules-for-crypto-transactions-starting-june-1/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Crypto</a> investors are divided into different communities, and the XRP Coin community is quite large. Within this community, certain individuals stand out. Especially considering the ongoing legal cases for almost three years, we should prioritize the lawyers. Attorney John Deaton, who is supportive of XRP Coin, is therefore closely followed.</p>
<h2 style="text-align: justify" id="bitcoin-price-commentary">Bitcoin Price Commentary</h2>
<p style="text-align: justify">XRP-supportive attorney John Deaton evaluated the current situation on his <a href="https://newslinker.co/category/social-media/" data-wpel-link="exclude" rel="noopener noreferrer nofollow">social media</a> account as volatility increased. The massive increase in the king cryptocurrency has divided investors into two groups: holders and sellers. Short-term profits that seem satisfying may disappoint investors in a rapid downturn. But what if the real rally has begun and the rallies will disappoint sellers?</p>
<p style="text-align: justify">BTC price has increased by 23% in the past seven days. However, John Deaton expressed his doubts about the ongoing rise.</p>
<blockquote>
 <p style="text-align: justify">“Okay, I have to admit that when everyone says the bull market is back, it leaves me in doubt. Buying is an easy decision. Selling, on the other hand, is a much harder decision. If we are losing, we don’t want to admit that we made a mistake, so we don’t sell.”</p>
</blockquote>
<h2 style="text-align: justify" id="will-the-crypto-rally-continue">Will the Crypto Rally Continue?</h2>
<p style="text-align: justify">Wirex CEO Pavel Matveev reminds us how crucial the current period is. He stated that the SEC’s order to review the conversion of GBTC into an ETF feeds expectations for approval. Moreover, he emphasized the demand that the ETF will bring to <a href="https://en.coin-turk.com/binance-ceo-dismisses-rumors-about-bitcoin-sale-amid-market-rumblings/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> as a product.</p>
<blockquote>
 <p style="text-align: justify">“A Bitcoin ETF can make it much easier for daily investors to invest in Bitcoin. They won’t have to worry about buying and storing cryptocurrencies directly. Large institutional investors may see the approval of a Bitcoin ETF as a sign that the crypto market has become more legitimate.”</p>
</blockquote>
<p style="text-align: justify">Here comes the most crucial point: if the ETF is approved, adding the spot Bitcoin ETF to company balance sheets becomes much easier, and more importantly, it becomes legitimate. There are companies with billions of dollars that can cause massive price fluctuations by buying BTC ETF with just 0.01% of their balance sheet.</p>
<blockquote>
 <p style="text-align: justify">“This decision can affect the price and operation of the Bitcoin market. This court decision may lead more people to become interested in and involved with cryptocurrencies.”</p>
</blockquote>
<p style="text-align: justify"><img decoding="async" class="size-full wp-image-270502 aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/10/BTC-Guncel-Fiyati-.png" alt="" width="1087" height="542"></p>
<p style="text-align: justify">Ali Martinez also says that BTC price could further increase as short-term investors have already passed the profit zone.</p>
<div class="sorumluluk_reddi" style="text-align: justify"><strong>Disclaimer:</strong> This article does not provide investment advice. Investors should be aware of the high volatility and associated risks of cryptocurrencies and conduct their own research before making transactions.
</div> Continue Reading: <a href="https://en.coin-turk.com/xrp-coin-community-and-the-influence-of-attorney-john-deaton-3/" data-wpel-link="internal" rel="noopener noreferrer nofollow">https://en.coin-turk.com/xrp-coin-community-and-the-influence-of-attorney-john-deaton-3/</a>

XRP Coin Community and the Influence of Attorney John Deaton

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