As we approach the bull season, here are three cryptos to watch: BNB, XRP, and Tradecurve. Recently, XRP won its extended legal battle with the SEC. BNB is also under the radar of the regulatory body but it is standing strong. In the interim, investors are shifting focus to the newest player, Tradecurve because of its high growth potential.
BNB Price Under Pressure as Regulatory Headwinds Mount
The price of Binance Coin (BNB) has been under pressure in recent months as regulatory headwinds mount for the world’s largest cryptocurrency exchange. Binance is facing regulatory challenges in different countries, especially the United States.
Additionally, the increased volatility in the cryptocurrency market has also weighed on the price of BNB. Analysts are unsure how things will turn out for BNB but the coin has retained its position among the top 5 cryptos by marketcap. Nevertheless, investors are not enthusiastic about buying BNB now.
XRP Soars After Long-Awaited Court Ruling Against SEC
The XRP lawsuit with the SEC has been a long and contentious one. Finally, in July, the federal judge ruled against the SEC in its case against Ripple.
The ruling, issued by Judge Analisa Torres of the Southern District of New York, found that the SEC had failed to prove that XRP is a security. Torres wrote that “XRP, as a digital token, is not in and of itself a ‘contract, transaction, or scheme’ that embodies the Howey requirements of an investment contract.”
This is a major victory for Ripple and its CEO, Brad Garlinghouse. The SEC had accused Ripple of selling XRP as an unregistered security, and the company had faced the possibility of billions of dollars in fines.
Also, it is a positive development for the cryptocurrency industry as a whole. It could pave the way for other coins to avoid being classified as securities, which would make it easier for them to raise capital and operate in the United States.
XRP soared over 90% in the wake of the ruling, and other altcoins went up as well.
Tradecurve: Poised for Explosive Growth
Unlike BNB and XRP, Tradecurve is very new in this space but it is well-equipped to match its competitors. As a hybrid exchange, Tradecurve combines the features of centralized and decentralized exchanges. This gives users the best of both worlds: the liquidity and security of a centralized exchange and the privacy and anonymity of a decentralized exchange.
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The TradeCurve App presale just got even better!
Now, you can get a massive 30% Bonus on your $TCRV token purchase! 💰
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— Tradecurve (@Tradecurveapp) July 22, 2023
Interestingly, Tradecurve does not require KYC verification, which makes it a great option for traders who value privacy. Also, the platform offers a wide range of features, including high leverage, algorithmic trading, and a DeFi wallet. Thus, it is a great platform for both beginners and experienced traders.
The entire ecosystem is powered by the TCRV token. This token is currently in a presale, with the unit price at $0.025. After the presale, the TCRV token will be listed on tier-1 centralized exchanges and Uniswap, with analysts predicting an incredible 100x growth potential.
For more information about the Tradecurve (TCRV) presale:
Buy presale: https://app.tradecurve.io/sign-up
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.