Binance Traders Bet Big on XRP Amid Eric Trump’s SWIFT Disruption Comments
XRP is gaining significant traction among investors as bullish sentiment grows, with the cryptocurrency currently trading at $2.21. A striking 71% of Binance traders are holding long positions, signaling strong confidence in XRP’s breakout potential. The surge in interest follows Eric Trump’s comments at Token2049, where he speculated that cryptocurrencies could potentially replace the SWIFT system. Ripple’s XRP is emerging as a leading candidate for such a transition, further fueled by rumors of a possible Ripple-SWIFT partnership. This development has sparked a wave of Optimism in the market, with many eyeing XRP for its disruptive potential in global finance.
Eric Trump’s SWIFT Comments Spark XRP Surge: What’s Next?
XRP is capturing investor attention as market sentiment tilts bullish. The cryptocurrency trades at $2.21, with a notable 71% of Binance traders holding long positions—a clear bet on breakout potential.
Eric Trump’s remarks at Token2049 ignited speculation, suggesting cryptocurrencies could displace the SWIFT system. Ripple’s XRP is viewed as a prime candidate for such a transition, though rumors of a Ripple-SWIFT partnership remain unconfirmed.
CZ Advocates for Freedom of Expression as Cornerstone of Financial Freedom
Changpeng Zhao, the former CEO of Binance, has drawn a direct line between financial freedom and freedom of expression, framing it as a foundational principle for the crypto industry. His $500 million investment in X, the platform formerly known as Twitter, underscores his commitment to decentralized speech as a prerequisite for true financial autonomy.
The move is seen as a counter to increasingly regulatory approaches in regions like Europe, which Zhao criticizes as stifling innovation. His stance reflects a broader industry tension between decentralized ideals and institutional oversight.
Pi Network Binance Listing Rumors Spark Price Surge
Pi Network shows signs of stabilization after a prolonged correction, with its price hovering above the critical $0.61 support level. The coin is currently trading between $0.60 and $0.65, suggesting consolidation before a potential breakout. Narrowing Bollinger Bands reinforce this technical outlook.
Market activity has picked up noticeably, with Pi Coin posting a 5% daily gain and a 14% monthly increase. Daily trading volume now stands at $139.4 million, reflecting growing investor interest.
The rally coincides with speculation about a potential Binance listing. Pi Barter Mall’s recent post suggests the Pi Commerce Team is in final negotiations with the exchange, though no official confirmation has been made. Such a development would mark a significant milestone for the project’s liquidity and accessibility.
