Chain News Today TheBitTimes.com

XRP Advocate Deaton Predicts Pre-Election Rate Reduction Responding to this observation, prominent XRP advocate John Deaton pointed out that such numbers hint at an impending shift. Speculating on future actions, Deaton suggested the Federal Reserve might opt to lower rates before the upcoming election. Charlie also stated that the above-mentioned transformation corresponds to a $20,000 jump in down payment (20% down) and a staggering 117% surge in monthly payment, from $1,020 to $2,216. This context dovetails with recent reports indicating the interest rate on the most popular US home loan reached its highest point since December 2000, culminating in mortgage applications sinking to a 28-year low, Reuters reported. The Mortgage Bankers Association disclosed that the average contract rate on a 30-year fixed-rate mortgage escalated by 15 basis points to 7.31% in the week ending August 18. This movement was propelled by surging government bond yields reminiscent of the 2007-2009 fin...

Deaton Bullish On XRP Price With an unwavering belief in the potential of XRP and a keen understanding of the legal landscape surrounding it, Deaton has emerged as a leading voice in the XRP community. He foresees a significant price surge that will trigger a frenzy of buying, fueled by the fear of missing out (FOMO). advertisement However, what truly captures attention is his assertion that the fear of missing out (FOMO) won’t likely kick in until XRP reaches the impressive threshold of $2 . He tweets: #XRP sits at .48 cents and it’s crazy to think about how many people, who refuse to buy it now, are going to buy it over $1. What’s even more crazy is that fomo won’t likely kick in until $2. Other Analysts On XRP: While Deaton’s insights and predictions have garnered attention, it is worth noting that his perspectives align with those of other analysts who have been closely monitoring XRP’s trajectory. Reco...