In recent news, a former Ripple (XRP) director offered some hints about a possible timeline for the XRP ETF, sparking a frenzy over what could trigger an extended XRP price surge. .
Additionally, with the integration of Zebec Network and the Sui (SUI) ecosystem, card users can now make payments using Sui tokens. Meanwhile, IntelMarkets (INTL) recently secured $1.6 million in funding, showing investors are becoming increasingly enthusiastic about DeFi projects.
Former Ripple (XRP) director says XRP ETF could launch next month
Former Ripple (XRP) director Sean McBride gave his thoughts on when an XRP-based ETF will be launched and how this will affect the price of Ripple coin.
McBride suggested that an XRP ETF could “land” as early as next month, which seems far-fetched considering the SEC’s ongoing legal battle. However, 2024 could be a turning point for Ripple XRP, according to McBride. He said if the ETF launches this year, price increases could begin next year.
According to CoinMarketCap, despite the current bullishness in the crypto market, the Ripple cryptocurrency is bearish across all time frames. The 14-day RSI of XRP coin has fallen sharply in recent weeks, and if the bearish trend continues, it could soon fall into oversold territory.
Zebec Network now supports Sui (SUI)
Smart payment platform Zebec Network said in a recent tweet that it has integrated Zebec Silver Card with Sui Network. The new integration will allow users to pay with Sui (SUI) or other coins built on the Sui network.
Zebec Network praised SUI for being a rapidly growing ecosystem in the Web3 space. In other news, Sui tokens are trading under mixed emotions. The value of the cryptocurrency is up 10% on a weekly basis, but is down 8% on CoinMarketCap’s monthly chart.
The 14-day RSI is below 50, indicating growing bearish sentiment. However, analysts like CryptoKnight predict that the value of Sui coin could soon surpass the $2 mark. Another expert, Z_Humphries, made a more bold prediction: the altcoin’s value could rise tenfold in the coming months, reaching $17.77.
IntelMarkets (INTL) provides traders with industry-grade AI-based tools
IntelMarkets (INTL) has raised the bar in the cryptocurrency trading industry through the use of AI technology. Unlike other trading platforms, IntelMarkets provides traders with access to advanced AI-based tools to support their trading activities. At the core of IntelMarkets is the Rodeum AI-based trading robot.
These sophisticated bots provide real-time database trading analysis that traders can use to make decisions. Traders can also automate bots to make decisions on their behalf. This means that traders can enjoy fast and effective trade execution and thus earn more profits at lower costs.
Security is also very important to IntelMarkets. The platform also features New Route X21, a quantum-proof protection for all transactions, ensuring protection from future quantum computing threats.
This cutting-edge security feature allows users to trade with confidence as even the smallest transactions are safe. At the moment, the price of the fourth phase of the blockchain ICO on IntelMarkets is 0.036545. Experts predict that its value could increase tenfold by the end of the year.
final thoughts
The $1.6 million in funding IntelMarkets has received is a sign of the confidence investors have in the platform and will open the next chapter of the platform’s growth. This funding will enable IntelMarkets to expand its services in the DeFi market. While other big players such as Ripple (XRP) and Sui (SUI) are gaining attention, analysts say Intel Markets could be this year’s dark horse.
Learn more about Intel Market:
Presale: https://intelmarketspresale.com
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets