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Bitcoin and Ripple are preparing for a bull run following regulatory decisions in Q1. As Bitcoin’s transaction fees grow following the halving in April, Ripple is going on an upward trajectory. Meanwhile, a new token, Pullix, is generating massive interest in its presale.

Bitcoin: A Standstill Before the Storm

We’re experiencing a standstill before the storm as Bitcoin went up 1.92% in the last week and dropped 0.92% today. While the month’s 13.30% green is showing optimism in the market.  

As Binance took the $4 billion plea deal, bulls gained strength in the crypto market.

If the SEC approves Bitcoin ETFs in January, there will be a massive bull run in 2024. According to Bloomberg Intelligence, Bitcoin ETFs could be a $100 billion industry. This approval would propel Bitcoin to more than its all-time high.

As the April Bitcoin halving approaches, it marks another reason that could snowball Bitcoin’s upward trajectory. Traditionally, miners have to sell their Bitcoins to pay high electricity bills. This creates selling pressure. However, as Bitcoin halvings reduce Bitcoin’s inflation rate by 50%, the selling pressure also halves.

This is extremely important in creating bullish momentum. Especially considering the SEC may approve Bitcoin ETFs in January. We could see the growth we hadn’t seen in a long time, much before EOY.

It’s probably time to “hodl” on the 10th year of the legendary HODL anniversary.

Ripple: Fast and Cheap Transactions Paving the Way for New Partnerships and Projects

Ripple has stagnated a bit during the recent month. However, Coinbase, Kraken, and other exchanges have re-enabled trading Ripple on their platforms following the SEC ruling that Ripple isn’t a security. With that overhang out of the way, it’s more likely

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Author: Crypto Daily

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