Cena MovementMOVE

Software and blockchain firm Ripple Labs is in the news following a recent interview with CEO Brad Garlinghouse. The CEO pushed the adoption of XRP while speaking at an event involving the International Monetary Fund (IMF) and the Swiss National Bank. Edward Farina, CEO of Alpha Lions Academy, shared a short video on X, showing Garlinghouse presenting XRP’s capabilities before the IMF and Swiss National Bank. Farina commented that Garlinghouse destroyed Bitcoin while presenting the case for XRP. In his presentation at the event, Garlinghouse mentioned that XRP was birthed by engineers who recognized Bitcoin’s (BTC) limitations. He explained that Bitcoin still has scalability challenges, with slow and expensive transactions. On the other hand, he said XRP is about a thousand times faster and offers cheaper transactions. The Ripple CEO also addressed the issue of pre-funding in cross-border payments. According to him, the current system requires financial institutions to maintain capital reserves in different countries to facilitate international transactions. Garlinghouse argued that XRP is designed to eliminate these limitations by enabling global liquidity on demand. Additionally, Garlinghouse outlined Ripple’s long-term vision for payments. He compared blockchain technology to the foundational technologies underpinning the internet, such as TCP/IP and HTTP. Garlinghouse sees the possibility of blockchain networks facilitating a seamless exchange of value similar to these technologies. The CEO added that this transformation would create an “internet of value” where payments can move as efficiently as data. He highlighted that traditional correspondent banking has left some countries and payment channels underserved. Garlinghouse, therefore, contends that XRP could fill this gap, democratizing access to liquidity and creating a more inclusive financial system. Furthermore, he cited a real-world scenario of freelancers in developing markets who struggle to receive small international payments due to high fees and banking restrictions. According to Garlinghouse, XRP can handle this issue by allowing small payments to flow between borders. In a previous article we discussed , an NYU Professor mentioned that Ripple’s involvement in cross-border settlement started in 2012. This emphasizes the firm’s position as a leader and innovator in the industry. The post from Farina got mixed responses from the online crypto community. Some agreed with Garlinghouse’s assessment that XRP offers real-world utility with greater speed, lower costs, and better scalability than Bitcoin. One user even said Bitcoin is a distraction from the real disruption in financial services. “He’s not wrong. Bitcoin opened the door, but XRP was built to walk through it with real utility. Faster, cheaper, more scalable,” added @RebelRepublicX on X. Others, however, think Garlinghouse is pushing too hard to promote XRP as a financial instrument. While they acknowledged XRP for its speed, they said the coin lacks backing. Overall, Garlinghouse’s comments in the video reflect Ripple’s vision to position XRP as a practical solution for global payments. As of this writing, XRP price was trading at $2.37, down 3.7% over the previous day. This decline comes amid a broader market bearish sentiment. As we covered in our latest report, analysts forecasted that XRP could hit $8 to $10, driven by Fibonacci models and Bitcoin’s rally.

Celo, which was formerly a Layer 1 blockchain network has now transitioned to officially become an Ethereum Layer 2 network. The migration began earlier today, as Celo Layer 1 block production was halted and the network shifted to Layer 2 operations. Core developer CLabs had already proposed this migration back in July 2023, while allowing Cello to leverage Ethereum’s robust security framework, and thus maintaining its hallmark features of low-cost transactions and rapid settlement times. Additionally, the move aligns Celo more closely to Ethereum, while tapping into the vast developer ecosystem and addressing challenges like scalability and interoperability that Celo faced as an independent blockchain. Over the years, Celo has been building its Layer-2 infrastructure using the OP Stack, which is a customisable toolkit from Optimism. Thus, it effectively makes the Layer-2 platform a optimistic rollup. Furthermore, the migration also introduces native Ethereum bridging while significantly reducing block times from 5 seconds to 1 second. Some of the key partners joining for the launch day are Fireblocks, Aave, Yellowcard, and Uniswap. Looking ahead, Celo’s existing validators will serve as decentralized sequencers, ensuring the network retains its one-block finality while benefiting from the advantages of Ethereum Layer 2. Migrating as an Ethereum Layer 2 network will allow Cello to facilitate a smoother flow of assets and data between the two networks, without the need for expensive and complicated bridges. Celo has teamed up with Alchemy, a leading developer platform renowned for its robust infrastructure. The partnership aims to empower developers to create more reliable and seamlessly connected applications. As a result, the network has transitioned from being a standalone platform to becoming an integral part of the expansive Ethereum ecosystem. Despite this shift, it maintains its core principles of affordability, speed, and accessibility, as highlighted in our last news story. In December 2024, Celo introduced the Celo Citizen Retro program, offering 250,000 CELO in funding for projects that have significantly contributed to strengthening the ecosystem and integrating crypto into daily life. During the same month, CNF highlighted another noteworthy development: Band Protocol’s integration with Celo Alfajores, the network’s Layer 2 testnet. This integration enables real-time price data, benefiting DeFi, GameFi, and NFT applications that require precise and up-to-date information. Band Protocol’s solution goes beyond estimates or outdated data, providing access to secure, real-time cross-chain price feeds, a valuable tool for the Celo ecosystem.

Definition & Purpose: This post provides an update on $PARTI’s market performance, including price movements, trading volume, and overall momentum. It’s designed to generate excitement, attract new investors, and reassure holders about the token’s growth potential. Why It Works: • Keeps the community informed – Investors appreciate regular updates. • Builds hype – If the price is rising, it encourages FOMO and new buys. • Boosts confidence – Shows the project is active and gaining traction. 🚀 $PARTI is on the move! 📈 📊 Current Price: 🔥 24H Volume Up by: 🌍 Community Growth: new holders! Momentum is building, and we’re just getting started! 🚀 Don’t miss out on the next big wave—get your $PARTI today! 💎👇

🟡Ethereum (ETH) At the start of this week, Ethereum had a good attempt at a relief rally, but the bullish momentum soon stopped when the price reached $2,000. Sellers returned there and pushed ETH into a pullback, closing with a 3% loss. The fact that the price was unable to hold above $2,000 means bears are still in control at the time of this post. They may also attempt to break the key support at $1,800 next. Looking ahead, Ethereum $ETH remains in a downtrend. The price failed to make a higher high or higher low, and a re-test of the key support appears likely. Buyers have to defend $1,800 if they want to avoid lower price levels. 🟡Ripple (XRP) XRP is in a similar boat to Ethereum. Its recent relief rally topped at $2.6 before sellers returned to push the price into a pullback, which is why XRP fell by 7% on the weekly timeframe. The most important support on the chart is found at $2, where buyers always return to make a stand. XRP $XRP may soon find itself in a difficult position as this level has already been tested seven times, and each new attempt is an opportunity for sellers to break it. Looking ahead, XRP appears weak at the time of this post and seems unable to address the pressure from sellers. Hopefully, buyers will return at $2 as the alternative is a quick fall to $1.6 after that. 🟡Cardano (ADA) $ADA has been moving sideways for the past three weeks with the price stuck in a tight range. This is why it also closed the week with a 1.5% loss. While this is not significant, this consolidation period may anticipate a larger move later. The most important support is at $0.64, and the key resistance is at $0.9. If ADA buyers remain absent, then the support may be put under pressure soon. Should it not hold, then bulls will likely retreat to the next support level at $0.5. Looking ahead, Cardano is not giving any clear clues on where it plans to move next. It is best to wait for the price to pick a clear direction before considering your next move. 🟡Toncoin (TON) $TON is the only cryptocurrency on our list that closed the week in green with a 10% price increase. This is impressive considering most altcoins are in the red right now. This performance comes after buyers broke the resistance at $3.75 and turned it into key support. During its rally, TON reached $4, and the next key resistance is found at $4.62. Looking ahead, Toncoin could continue its rally, but it is unlikely to sustain it if the overall market remains somewhat bearish. It is best to be cautious when the price is above $4, as TON could also enter a pullback.

The PARTI/USDT market has been experiencing significant fluctuations, with the price of PARTI Coin dropping to $0.000193, a 12.41% decrease in the last 24 hours [1]. This downturn has likely caused concern among investors and traders. To better understand the situation and potential future developments, let's examine the current price action, trends, and factors influencing PARTI Coin's price. Price Action Analysis The current price action of PARTI Coin can be characterized as: - *Downtrend:* PARTI Coin's price has been in a downtrend over the past 24 hours, indicating a potential bearish market. - *Volatility:* The price action has been volatile, with significant fluctuations in the last 24 hours. - *Lack of Momentum:* The price action lacks momentum, indicating a potential period of consolidation before a future move. Trend Analysis The current trends in the PARTI/USDT market can be characterized as: - *Bearish Trend:* The overall trend in the PARTI/USDT market is bearish, indicating a potential downturn in the market. - *Decreasing Trading Volume:* The trading volume has been decreasing over the past 24 hours, indicating a potential lack of interest in the market. - *Low Market Capitalization:* PARTI Coin's low market capitalization makes it vulnerable to significant price fluctuations. Factors Influencing PARTI Coin's Price Several factors are influencing PARTI Coin's price, including: - *Regulatory Environment:* Changes in regulatory policies can significantly impact the cryptocurrency market, including PARTI Coin. - *Market Sentiment:* Investor attitudes and market sentiment play a crucial role in shaping PARTI Coin's price. - *Competition:* The cryptocurrency market is highly competitive, and PARTI Coin faces competition from other decentralized exchanges and stablecoins. Future Outlook While predicting the future price of PARTI Coin is challenging, here are some potential scenarios: - *Recovery:* PARTI Coin's price might recover if the overall cryptocurrency market experiences an upswing or if the platform introduces new features and improvements. - *Consolidation:* The price might consolidate around the current level, indicating a period of stability before a potential future move. - *Further Decline:* If the market sentiment remains bearish or if PARTI Coin faces increased competition, the price might continue to decline. Tips for Investors and Traders Here are some valuable tips for investors and traders: - *Stay Informed:* Continuously monitor market trends, news, and developments related to PARTI Coin and the broader cryptocurrency market. - *Diversify Your Portfolio:* Spread your investments across different asset classes to minimize risk. - *Set Clear Goals:* Define your investment goals and risk tolerance to make informed decisions. - *Use Risk Management Strategies:* Implement risk management strategies like stop-loss orders and position sizing to minimize potential losses. Conclusion The PARTI/USDT market is experiencing significant fluctuations, and investors and traders must be cautious. By staying informed, diversifying your portfolio, setting clear goals, and using risk management strategies, you can navigate the market with confidence. The Future of PARTI Coin As the cryptocurrency market continues to evolve, we can expect to see: - *Increased Adoption:* Increased adoption of PARTI Coin among users, driving growth and liquidity. - *Improved Infrastructure:* Continued improvements to the underlying infrastructure of PARTI Coin, including its technology and governance. - *New Use Cases:* New use cases and applications emerging for PARTI Coin, driving innovation and growth.