XRP Rally Not Over, JPMorgan Eyes Bitcoin-Backed Loans, SHIB Price May Soar 800% in One Week
Main Idea
The article discusses ongoing trends in the cryptocurrency market, including the resilience of XRP's rally, JPMorgan's potential acceptance of Bitcoin and Ethereum as loan collateral, and Shiba Inu's hinted potential for a significant price surge.
Key Points
1. XRP's rally is not over despite a recent pullback to $3.44, with technical analysis showing it remains above key support levels and on-chain data indicating strong transaction activity.
2. JPMorgan is exploring a policy shift to accept Bitcoin and Ethereum as loan collateral, which would give it a competitive edge over rivals like Goldman Sachs.
3. Shiba Inu's team hints at a potential 800% price surge, drawing parallels to its 2021 bull run, suggesting rapid price changes could occur within a short period.
Description
Crypto market today: key points
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