Due to their nature, stock market anomalies like the Santa Rally and January Effect shouldn’t be taken as certainties. These market phenomena should be considered more as observations rather than predictions. As for the possibility of a 2021 Santa Rally, it’s safe to say Santa will have no shortage of inflation fears and interest rate concerns to fight through. However, major U.S. indices did rally to hit fresh record highs last week. Europe’s STOXX index also rose last week in anticipation of a Santa Rally along with gold and oil. Here’s to hoping the jolly old man can pull through for us!

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Just like many cryptocurrencies, the value of Solana coins is derived from the utility of the blockchain network it is exchanged on. As we’ve discussed, the Solana network has architectural differences that give it advantages in speed, cost, and energy efficiency over some of its rivals.

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While not as glamorized and talked about as some other cryptos, XRP is currently the seventh largest coin by market cap with a total value of $43.5m. Unlike some of these other coins though, XRP’s value is derived from the real-world utility of the Ripple network and its ability to offer instantaneous and inexpensive cross-border payment transactions as well as foreign currency exchanges. The future success of XRP and the Ripple network hinges on its ability to navigate the regulatory obstacles it faces.

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