Standard Chartered launches RLUSD custody

Oct 12, Standard Chartered launched institutional custody for Ripple’s RLUSD stablecoin on XRP Ledger via Dubai branch, enabling eligible clients to hold the dollar-pegged token in regulated custody.

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XRP/USDT
1.25294+0.16%
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꧁✨Ｄｅｕｓ✨꧂

Personally, I think Matthew Mellon was the one who connected the dots. Matthew Mellon was appointed as Global Ambassador for Ripple Labs around May 2015. According to a WRAL report, he leveraged his connections in the banking industry, among wealthy individuals, and with influential figures to help drive Ripple’s adoption. In 2018, Mellon made a substantial investment in XRP, citing its affinity with bank-focused payment technology and the U.S. financial system as the reason. In March 2018, it was reported that Mellon had dinner with President Donald Trump. That’s likely when Ripple first established its connection to Trump. Brad also met with Caroline Moore, who was serving as a Special Assistant to the President at the White House, in both September and October 2018. Was Trump there too? When you look at it that way, the connection between Ripple and Trump actually goes back quite a while.👀👀

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zhou 1688
$IDOL has experienced long liquidation around $0.00886, indicating that some leveraged buyers were forced to close their positions. This could create further selling pressure if the price remains weak. A potential short entry (EP) is $0.00882–$0.00890, with TP1 at $0.00865, TP2 at $0.00848, and TP3 at $0.00830. Set the stop loss (SL) at $0.00905 to manage risk. If buyers regain control and the price moves above resistance, the bearish setup may become invalid. Wait for price confirmation before entering the trade, and use proper risk management. #Standard Chartered launches RLUSD custody
IDOL/USDT
Perp
+14.66%
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Michael Marcus

QTUM


⟐ MARKET READ: LONG LIQUIDATIONS


Trade Direction: SHORT

Entry Zone: $0.9200 – $0.9260

Stop Loss: $0.9410


TP1: $0.9050

TP2: $0.8890

TP3: $0.8700


Why this trade? Sellers may regain control if QTUM fails to reclaim the $0.9260 area after the long-liquidation sweep at $0.92253. A lower high followed by a support break would strengthen the bearish case.


Invalidation: A sustained move above $0.9410 cancels the short idea.


⌖ Let price confirm the weakness before entering.



$QTUM


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coinQTUM-0.4%
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Michael Marcus

NEAR


🧭 MOMENTUM TEST


Trade Direction: LONG

Entry Zone: $5.25 – $5.30

Stop Loss: $5.16


TP1: $5.38

TP2: $5.48

TP3: $5.62


The short liquidation at $5.279 suggests some short-side pressure was forced out. If NEAR holds this area and pushes through nearby resistance, further upside becomes possible. Failure to hold support would weaken the rebound thesis.


Invalidation: Exit the bullish setup if price breaks below $5.16.


◇ Wait for a clean hold, then trade the reaction.



$NEAR


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coinNEAR-2.7%
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Michael Marcus

STRK


⟁ BEARISH PRESSURE


Trade Direction: SHORT

Entry Zone: $0.0845 – $0.0852

Stop Loss: $0.0870


TP1: $0.0830

TP2: $0.0815

TP3: $0.0795


STRK's long liquidation near $0.08472 highlights a level where leveraged buyers were caught. The short idea needs price to reject the entry zone and establish lower lows; a decisive reclaim would suggest sellers are losing control.


Invalidation: A sustained break above $0.0870 cancels this setup.


⚑ Keep the entry disciplined and let price action decide.



$STRK


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coinSTRK+2.53%
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Michael Marcus

SOPH


◈ LEVEL UNDER PRESSURE


Trade Direction: SHORT

Entry Zone: $0.00320 – $0.00324

Stop Loss: $0.00332


TP1: $0.00314

TP2: $0.00307

TP3: $0.00298


The $4.0606K long liquidation at $0.00322 makes this the largest listed long-liquidation event in the batch. That alone does not confirm a downtrend, but a weak recovery and rejection around $0.00324 could give sellers another opportunity.


Invalidation: Reclaiming $0.00332 invalidates the bearish setup.


⧫ No rejection, no entry. Make the level prove itself.



$SOPH


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coinSOPH-2.04%
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FAIZAN crypto master 1
Bullish

🌌🚀 $OSMO IS LIGHTING UP THE GAINERS! OSMO/USDT shows a +29.81% daily gain, with the displayed price at $0.0479. The move puts Osmosis in focus, but traders should watch volume, liquidity, and whether the price can hold its recent advance. A green chart doesn't guarantee another rally. Research the market, stay disciplined, and avoid emotional entries.

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coinOSMO+3.31%
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FAIZAN crypto master 1
Bullish

🤖🔥 $OBI IS MAKING A MOVE! OBI/USDT shows a +38.01% daily gain, with the displayed price at $0.0004386. The rally puts Orbofi AI on the watchlist, but traders should verify current volume, liquidity, and any confirmed project updates. Can the momentum hold, or will profit-taking kick in? Stay alert and trade responsibly.

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coinOBI-16.59%