🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
Share trending topic posts, and split $5,000 in prizes! 🎁
👉 Check details & join: https://www.gate.com/campaigns/1953
💝 New users: Post for the first time and complete the interaction tasks to share $600 newcomer pool!
🔥 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,
Bitcoin is starting a new rising trend! The target is $150,000. The reasons are: 1. The Fed has nominated new board member Milan, who is likely to replace Powell as the Chairman of the Fed. Although he will not be replaced immediately, his entry will put tremendous pressure on Powell to lower interest rates! The probability of a rate cut in the U.S. in September exceeds 90%. 2. Trump has approved $12 trillion from U.S. pensions to enter the Crypto Assets industry. 3. The likelihood of a ceasefire in the Russia-Ukraine conflict has greatly increased, with Zelensky being ignored. 4. U.S. tariff policies are gradually becoming clearer and will not be a stumbling block for Bitcoin's decline! However, this time the Return on Investment for Ether is expected to be greater than that of Bitcoin. Bitcoin has a return rate of 20-30%, while Ether has a value range of 50%-100%. This means Ether will reach a range of $6,000-$8,000 each!