Can Ethereum(ETH) break the $1,900 price barrier? XRP (XRP) and HedgeUp (HDUP) Prices Surging

As Bitcoin tested the $29000, Ethereum (ETH) also peaked to $1825, before correcting. Despite the US regulators being all over crypto at the moment, the top two cryptocurrencies keep going up due to market conditions, and Ripple’s (XRP) is on the verge of going parabolic. Meanwhile, HedgeUp (HDUP), a new project that tokenizes luxury real world assets and sells them to investors via NFTs, is causing waves, as it enters the second stage of its eight stage presale.

Ethereum (ETH) shrugs off the FUD

SEC chairman Gary Gensler is on a mission to declare Ethereum (ETH) a security, despite the fact that it doesn’t meet 1 out of the 3 requirements for the Howie test. The recent CFTC lawsuit against Binance and Coinbase, and the regulators shutting down Binance’s stablecoin BUSD, temporarily bothered the market (and named Ethereum (ETH) as a commodity not a security!), but even this did not cause a significant drop in Ethereum (ETH) or Bitcoin (BTC), instead we see the prices rising after the initial reaction.

However, if there is a sudden reduction in liquidity or traders are forced to liquidate their positions, since Binance holds a large amount of Ethereum (ETH), there could be a significant impact on Ethereum (ETH) derivatives markets.

The options market shows that traders are unconcerned about regulatory actions, indicating bullish momentum for Ethereum (ETH). The upcoming Shapella fork on April 12th that finally allows stakers to withdraw their rewards and may also be contributing to this bullish sentiment. At time of writing Ethereum (ETH) is trading at $1853.

SEC vs XRP – what if Ripple wins?

For months now we’ve been hearing snippets about the SEC’s case against Ripple (XRP), as they yet again try to show that another crypto was a security at time of sale. These leaks have been very bullish as they always suggest that Ripple and XRP are going to triumph.

Given the connection to the Ethereum (ETH) case, and indeed most of the cryptos, if Ripple (XRP) wins, this will be a huge milestone for the cryptocurrency industry. The markets are already anticipating the decision in Ripple’s favor, with the token more than doubling in price over the last few days. Experts such as crypto lawyer John Deaton and analyst Alex Kruger, predicting that XRP will go to the moon if Ripple wins, the latter proposing that the win would precipitate altcoin season. Ben McMillan, founder of IDX Digital Assets, said the Ripple (XRP) price could go up by 100% or more. XRP is currently trading at $0.46, down by 9.8% in the last two weeks.

HedgeUp (HDUP) could offer gains of 600%+ to early investors

HedgeUp (HDUP) is a Stockholm based startup that wants to offer an exciting new financial product to retail investors. Amidst rising interest rates and inflation, knowing how and where to safely invest your money for a profit is tricky, but HedgeUp (HDUP) know that the alternative asset market (which includes things like fine whiskeys jewelry, gold, fine art and luxury watches) has grown from $4.1 trillion in 2010 to $10.8 trillion 2019. It is forecasted to grow to over $17 trillion by 2025 and HedgeUp (HDUP) want to help ordinary people to get a share.

The HedgeUp (HDUP) team will search for lucrative assets for their community to invest in, evaluate it and then hold the asset in a vault. The asset will be tokenized by HedgeUp (HDUP) using smart contracts and NFT technology, and then offered for fractions as small as $1 to their community. This allows ordinary people to get stakes in assets that they would normally not be able to afford, and brings liquidity to illiquid markets, making things easy to trade.

HDUP, the token of HedgeUp (HDUP) has just entered the second stage of presale at $0.013. With good tokenomics and a minimum $0.09 launch price, this could be a great token to hold, especially if altcoin season is near.