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Anybody can access and invest in cryptos in the liberalized market. Accessibility is no longer a concern and the market takes in everyone, from seasoned investors to professionals with certifications. But not everyone can make, or at least currently is making profits from the industry.
There are vast opportunities in the market but they aren’t as obvious at first. Investors have checked out opportunities like Ripple (XRP) and Tether (USDT). Now, they seem to be chasing after a new opportunity, DeeStream (DST). This article showcases and explains this trend.
Ripple (XRP) a Distance Away from Expectations
At the start of the year, Ripple (XRP) would have been expected to cross the $1 mark by March or frequently testing it. However, it has failed to mount any significant push towards that position, only going as high as just above $0.7 this year. Ripple XRP has only added 8% in the last 90 days according to Binance.
For a 60-day outlook going back to the second week of January, Ripple (XRP) has increased by 18%. Ripple (XRP) fails to test the resistance and falls to $0.6784 as of press time.
Tether (USDT) Helps in Busting Tech Support Scam
Many news reports have confirmed that Tether (USDT) cooperated with authorities in freezing and seizing over $1.4 million worth of the stablecoin linked to a spate of scams primarily targeting the elderly. The case underscores the need for public-private cooperation in detecting and preventing fraud and other scams using cryptos.
It also suggests that more robust monitoring and supervision systems are being employed to track these offenses and their perpetrators. This is especially great for Tether (USDT) which has been the subject of some bad press this year.
Ripple (XRP) and Tether (USDT) Investors Choose This YouTube/Twitch Alternative
Users could be making this
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Author: Crypto Daily