It’s the second week of April and all eyes are on various coins, waiting to see what direction they go. A major happening is the Ripple (XRP) leadership controversies, which have resulted in major fluctuations. However, investors have not given up on it. Bitcoin’s (BTC) anticipated rally has also caught the attention of investors. Another thing to be excited about is the Kelexo (KLXO) presale surge, putting investors on the edge.
How will all these activities affect the coins as well as investors’ decisions? Our analysis will put you up to speed on Ripple (XRP) and Bitcoin (BTC). Also, read on the latest happenings with Kelexo (KLXO) presale.
Ripple (XRP) has taken the next step to bridge the gap between crypto and traditional finance by launching a stablecoin. The stablecoin is said to first show itself in the U.S., leveraging not only its own Ledger but Ethereum as well. Ripple (XRP) also plans to further integrate itself into Defi (decentralized finance) platforms and the global markets.
One of the reasons for the launching of stablecoins is Ripple (XRP) attempt to ensure stability and growth amidst a legal battle with the Securities and Exchange Commission. Despite the ongoing legal battle, Ripple (XRP) has managed to experience a bullish movement. It is currently consolidating at $0.6, after having a 3.26% increase in the last 24 hours.
Bitcoin (BTC) is not waiting for anyone. The world’s premier cryptocurrency has been on a bullish trend for the past seven days and has now surpassed $71,000. Live analysis from CoinMarketCap shows it has increased by 2.61% over the last 24 hours. Current investors seem to be in a good mood.
The surge in Bitcoin (BTC) price can be traced to a couple of factors including increased investor enthusiasm. The inflow into crypto ETFs (exchange-traded funds) increased as the 2Q drew to a strong open, resulting in a two-week outflow streak. However, there is a major focus on the anticipated Bitcoin (BTC) halving, scheduled for 20th April.
It is an occurrence that is known to be a precursor to significant price rallies. The last halving was in 2020 .
It can be overwhelming to get loans from regular banks due to extensive documentation, high cost and rigid rules. Kelexo (KLXO) entered the scene and immediately proved to be different. Users of the Kelexo (KLXO) platform can be sure to experience an effortless lending and borrowing process, due to instant cryptocurrency transactions without the requirement of KYC checks.
Kelexo (KLXO) is currently in its Stage 2 presale and it offers its token to investors for an attractive price of just $0.05. Investors can take advantage of the opportunity and be a part of the surge. Users can enjoy a variety of utilities, including a debit card that is used to directly spend funds from their wallet.
Visit the website here to find out more about Kelexo (KLXO) Presale.
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