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Whales Have a ‘Euphoric’ Moment as They Move $480 Million XRP

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Whales Have a ‘Euphoric’ Moment as They Move $480 Million XRP
XRP whales

The price of Ripple (XRP), despite the rise in favorable sentiment surrounding it, has not significantly increased and has instead been stuck in a small range. However, as crypto titans transferred a staggering number of XRP tokens today, the XRP bulls look all charged up. 

According to WhaleStats, the XRP token has overtaken the FWC token as the most traded token among the top 100 BSC whales. The XRP token is among the top 10 most frequently used smart contracts and among the top 100 BSC whales’ most frequently purchased tokens. 

Additionally, according to WhaleAlert, during the current price increase, crypto whales shifted about 479 million XRP. In the last 24 hours, the XRP price has increased by more than four percent and is currently trading at $0.35.

Ripple moved 100,000,000 XRP evaluated at $34,004,188 USD and Binance moved 214,000,000 XRP worth $73,525,151 USD. The funds were transferred from the internal wallet of Ripple to another address that belonged to Ripple. Out of those 100 million coins, 33.5 million XRP was sent to another Ripple wallet.

A wallet that Whale Alert classified as “unknown” sent the remaining $480 million. But according to the information, the senders moved a portion of the 36,000,000, 30,000,000, and 40,000,000 XRP from Bittrex wallets to addresses connected to the Bitstamp exchange.

Bitso crypto unicorn exchange, the main ODL platform for Ripple, moved a total of 59,400,000 coins internally. The above-mentioned XRP transfers have a combined fiat value of $164.1 million.

Earlier on Sunday, Santiment reported that there was ‘euphoric crowd sentiment’ around XRP as markets moved in independent directions. Santiment wrote on Twitter,

“With #crypto market caps bouncing very much in independent directions, we’re seeing notably euphoric crowd sentiment on $XRP & $ETH. Traders are less interested in $BTC, $BNB, & $ADA. Historically, #bearish sentiment projects perform better on average.”

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Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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Elena R

XRP Price Analysis – Top Analysts Maps the Beginning of the Next XRP Bull Run! 

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XRP Price Analysis – Top Analysts Maps the Beginning of the Next XRP Bull Run! 
XRP Price

XRP price is trapped under the extreme bearish influence for quite a long time but the asset has been manifesting significant strength for the past couple of months. In a similar manner, the price is believed to reach the pinnacle of the consolidation and break above the present consolidation.

However, a popular analyst believes that the token is preparing for a significant bull run which is believed to be ignited in the next few weeks. 

Egrag Crypto predicted that the XRP price may begin very soon. According to the analyst, the XRP price may start a notable upswing somewhere in Q3 2023, and specified the date is 01 July 2023. 

#XRP Saturday 1st of July 2023 is the Moon Date:

History shows that #XRP took 27 bars from Dec 2014 Highs till 2017 BullRun. If we apply the same elapsed time & same rational to the current price action. Then 27 bars from April 2021 will lead us to 01/07/2023 the Moon Date.

NFA pic.twitter.com/dyPcCLRfCo

— EGRAG CRYPTO (@egragcrypto) January 8, 2023

Referring to the monthly chart, the analyst pointed toward the previous bear cycle which lasted for nearly 27 months from 2014 to 2017, creating an all-time high.

Applying the same analysis to the present price trend that kicked off in April 2021, the analyst arrives towards the date on 01 July 2023 which he refers to as the ‘Moon date’.

The long-term chart of XRP displays a continuation of a triangle pattern of an overall uptrend which is largely considered a bull flag. The analyst believes the price may break above the pattern which is currently hovering at the lower support.

However, the market sentiments may coil up as the most awaited Ripple vs SEC lawsuit may find closure during Q1 2023 which may induce the required bullish momentum to ignite an XRP bull run in 2023. 

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Sahana Vibhute

A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Researching minute occurrences and bringing new insights lie within the prime focus of my task.

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Sahana Vibhute

Why did GALA Price Rose by More than 100% in the Past 48 hours?

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Why did GALA Price Rose by More than 100% in the Past 48 hours?
GALA

Gala price had been trading within bearish captivity for quite a long time, though out the year 2022. The token quickly gained bullish momentum and broke the crucial $0.28 levels in the past few hours. Presently, the price is heading towards the next crucial level which is at a distance of 35% from the current levels. 

Why GALA Price is Rising? Will the Token Eliminate a Zero From Its Value?

The Gala developers recently revealed a significant partnership with The Rock and also introduced a change in its business model which enabled the price to undergo a major comeback. The price rose massively soon after the founder of Zynga, a blockchain gaming business founded by Gala games announced the partnership. 

The price received enough bullish momentum as the developers revealed a new development. Two of the biggest personalities in the entertainment business, The Rock & Mark Wahlberg are believed to develop two movies. The people who wish to purchase the movie tickets may scan the QR code and win a digital prize. 

As the number of mobile users has been constantly increasing, the possibility of downloading the game rises high. The GALA price after a gigantic rise appears to be undergoing a minor correction but the bulls seemed to be poised to keep up the bullish trend. However, the buying volume appears to have been rising high which may overcome the bearish action. 

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Sahana Vibhute

A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Researching minute occurrences and bringing new insights lie within the prime focus of my task.

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Sahana Vibhute

Top Reasons Why Crypto Market is Bullish Today

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Top Reasons Why Crypto Market is Bullish Today
bull n bear

We begin this week with all of the leading cryptocurrencies in the green, which has sparked excitement among crypto enthusiasts and analyses from industry professionals. The total value of the global cryptocurrency market increased by 3.48%, which was backed by a 121% growth in the trading volume. Bitcoin and Ethereum have both successfully broken over the $17,000 and $1,300 resistance levels, respectively.

Why is the Crypto Market Suddenly Bullish?

U.S. wage growth has slowed, and the services sector has contracted, all of which point to less aggressive rate rises by the Federal Reserve. This has led to a boom in the cryptocurrency market.

The country’s monetary policy is determined by the Federal Reserve. It also plays a key role in guiding the economy through recessions and inflation. It employs monetary processes such as quantitative easing and tightening to achieve this goal. As a result, this may have far-reaching effects on the market generally and the cryptocurrency market specifically.

Take the present situation of the US economy, where excessive inflation is a major problem. As a result, the Federal Reserve took a hawkish posture and increased interest rates as part of its quantitative tightening program. This led to a severe downturn in the cryptocurrency markets. It stands to reason that if interest rates were to drop, the market sentiment would shift to bullish.

Several macroeconomic indicators suggest that inflation and recovery in the global economy may be stalling, which may be contributing to the positive turnaround in the cryptocurrency market.

Moreover, investor confidence has risen as a result of China’s closing of its borders to the rest of the world and other central banks’ attempts to reduce inflation. Due to this, Asian and European stock markets are seeing positive openings today.

By expanding their holdings of GBTC and crypto businesses’ shares, financial services heavyweights BlackRock and Morgan Stanley are indirectly supporting Bitcoin prices. Even more importantly for the cryptocurrency market, the U.S. dollar index (DXY) dropped to 103.65 in the previous 24 hours, according to data.

Is this a bull trap?

It’s not the first time the cryptocurrency market has seen a sudden and dramatic upswing. Some people are worried that it’s just a bull trap designed to trick investors into buying at a higher price for a limited period of time before the market corrects itself and becomes bearish again.

Some have speculated that this rapid ascent marks the beginning of the Altcoin Season. We look forward to altcoin seasons since that’s when the values of alternative cryptocurrencies tend to spike dramatically, bringing us huge profits. 

With many users seeing a reversal in their financial situations, this time of year is eagerly anticipated by the whole cryptocurrency community. Whatever the case may be, let’s hope the recent uptrend holds.

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Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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Elena R

Bitcoin Price Trapped at Crucial Crossroads Despite Weekend’s Surge Above $17k: Analyst

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Bitcoin Price Trapped at Crucial Crossroads Despite Weekend’s Surge Above $17k: Analyst
Bitcoin price BTC 2023

Bitcoin’s (BTC) price has surged to a three-week high after Sunday’s breakout above $17k. A continued crypto bullish sentiment could push Bitcoin price towards last December’s high of around $18,300. However, the tension in the Bitcoin and cryptocurrency market remains high in the coming weeks with DCG insolvency fears.

Additionally, the Fed chair Jerome Powell is expected to speak on key monetary policies tomorrow and Consumer Price Index (CPI) data is expected later this week. 

Nonetheless, the crypto market has received bullish sentiment from several analysts supported by key on-chain data. For instance, Glass node data on open futures contracts show more calls than put – buying and selling of underlying assets respectively –  on Bitcoin trades in 2023 Q1. Notably, the Bitcoin open futures market is used as a liquidity and volatility indicator on the spot prices.

As the FTX and Alameda debacle continues, analysts believe crypto prices have already factored in these events. Thus, the ongoing fiasco between Digital Currency Group and Gemini Earn customers could be signaling the end of the 2022 bear market. 

Closer Look at Bitcoin Price Action

According to CryptoQuant’s on-chain analyst VentureFounder, the Bitcoin market is at a crucial crossroads that could lead to a 20 percent outburst. Having retested the $16.3k support for the past two months, VentureFounder believes Bitcoin price is on the precipice of a major breakout.

“Bitcoin has been stuck between $16k and $18.5k for 2 months now. Watch this range very very carefully, a break from either direction can bring 20% volatility, which could happen soon. A definitive break of $16k could see $13k, make $18.5k support we can see $22.5k,” the analyst noted.

After outlining fundamental points on Bitcoin and Ethereum including inflationary data and historical analysis, Zhuoer concluded the latter will be out of the bear market earlier than the former.

Meanwhile, the global cryptocurrency market cap today is $887 Billion, up approximately 3.3 percent in the last 24 hours. Bitcoin has a market dominance of approximately 37.4 percent while Ethereum follows with 17.9 percent.

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Sohrab Khawas

USD/INR Price News: Indian Rupee seesaws around 82.30 even as China, Fed chatters favor risk-on mood

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USD/INR Price News: Indian Rupee seesaws around 82.30 even as China, Fed chatters favor risk-on mood
  • USD/INR dribbles near the lowest levels in one month.
  • China reopening joins PBOC headlines to underpin risk-on mood in Asia.
  • Downbeat US wage growth weigh on Treasury yields and hawkish Fed bets.
  • Japan holiday, light calendar and upbeat oil prices allow bears to lick their wounds.

USD/INR bears lick their wounds near 82.30, after refreshing a one-month low, as the Indian Rupee (INR) buyers await fresh clues during early Monday. In doing so, the quote remains indecisive after printing a three-day downtrend at the latest.

That said, China-inspired risk-on mood joins the broadly softer US Dollar to weigh on the USD/INR prices. However, a light calendar and the cautious mood ahead of this week’s key US inflation data, as well as the holiday in Japan, restrict the pair’s immediate moves.

It’s worth noting that China’s reopening of the international borders after a three-year blockage bolstered optimism in Asia. Also favoring the risk appetite could be early signals suggesting Beijing’s heavy shopping amid the year-end festive season. Furthermore, comments from the People’s Bank of China (PBOC) Official also hinted at robust growth expectations from the dragon nation and underpinned the firmer sentiment.

On the other hand, Friday’s downbeat prints of US Average Hourly Earnings, ISM Services PMI and Factory Orders pushed back the hawkish hopes from the Fed as the figures raised the US recession concerns, which in turn weighed on the US Dollar Index (DXY). Additionally, weighing on the DXY could be the mixed comments from the Fed policymakers and hopes of an upbeat US earnings season also seem to favor the USD/INR bears.

Alternatively, a light calendar and upbeat prices of Crude Oil put a floor under the USD/INR prices. The reason could be linked to India’s reliance on energy imports.

Amid these plays, S&P 500 Futures print mild gains while India’s benchmark equity index BSE Sensex rises over 1.0% by the press time.

Moving on, a lack of major data/events and firmer oil prices can restrict the USD/INR pair’s immediate moves ahead of Thursday’s US Consumer Price Index (CPI) data.

Technical analysis

A clear downside break of the 82.40 horizontal support favors USD/INR bears targeting the early December 2022 swing low near 82.10.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

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Stephania Howe

Gold Price Forecast: XAU/USD renews eight-month high near $1,880 on China concerns, softer US Dollar

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Gold Price Forecast: XAU/USD renews eight-month high near $1,880 on China concerns, softer US Dollar
  • Gold price grinds higher after refreshing multi-day high.
  • China unlock, PBOC’s gold stocking underpins XAU/USD run-up.
  • US Dollar bears the burden of downbeat data, mixed Fedspeak.
  • Light calendar, cautious mood ahead of US inflation figures probe Gold buyers.

Gold price (XAU/USD) rises to the highest levels since early May 2022 as the risk-on mood joins the softer US Dollar to begin the key week comprising inflation numbers from the US, China and Japan. Also adding strength to the yellow metal’s upside momentum is Beijing’s recent stockpiling of Gold. In doing so, the XAU/USD bulls attack a $1,880 hurdle by the press time.

The risk profile remains firmer as China reopens national borders after a three-year pause. On the same line could be the early signals suggesting China’s heavy shopping during the festive season, as well as comments from People’s Bank of China (PBOC) Official suggesting optimism surrounding China’s growth conditions.

It’s worth observing that China is one of the world’s biggest Gold consumers and hence the risk-positive headlines from Beijing influence the XAU/USD bulls.

On the same line could be the PBOC’s announcement of Gold buyers as it holds around 2,010 tonnes of the metal as reserves after the latest addition of nearly 30 tonnes. That said, the recent piling of gold by the PBOC is the third notable instance, after September 2019 and October 2016.

Elsewhere, Friday’s downbeat prints of US wage growth, ISM Services PMI and Factory Orders weighed on the US Dollar Index (DXY) and added strength to the risk-on mood, which in turn propels the Gold price. That said, mixed comments from the Fed policymakers and hopes of an upbeat US earnings season also seem to favor the XAU/USD buyers.

While portraying the mood, the S&P 500 Futures print mild gains but a holiday in Japan limits the bond market moves in Asia, as well as during early Monday morning in Europe.

Looking forward, a light calendar for the day and upbeat headlines from China could keep the Gold buyers hopeful. However, inflation data from Tokyo, China and the US will be important for precious metal traders as central bankers brace for shifting gears.

Gold price technical analysis

Gold buyers cheer upside break of the previous weekly top surrounding $1,865, as well as the 61.8% Fibonacci Expansion (FE) of its December 22 to January 05 moves, near $1,875, as the XAU/USD bulls jostle with the June 2022 high of around $1,880.

That said, the bullish MACD signals and the metal’s sustained trading beyond the 100-SMA and the 200-SMA, respectively ear $1,815 and $1,795, favor the XAU/USD buyers. On the same line could be the metal’s U-turn from a one-month-old horizontal support region of around $1,823.

Hence, the Gold buyers are in the driver’s seat unless the quote drops below $1,795.

However, the overbought RSI (14) suggests limited upside and hence a clear break of the $1,880 hurdle becomes necessary for the XAU/USD to aim for the May 2022 peak of $1,910.

Gold price: Four-hour chart

Trend: Limited upside expected

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

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Leigha Pekar

Securing Venture Capital for Your Business in This Economy Means Getting Back to Basics. Here’s How.

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Securing Venture Capital for Your Business in This Economy Means Getting Back to Basics. Here’s How.

Opinions expressed by Entrepreneur contributors are their own.

It’s tough out there for businesses looking to raise money. After several record-breaking years, startups saw funding cut in half in the third quarter of 2022, according to Crunchbase News. Even as many of us wonder if we’ve hit bottom, there’s reason to be hopeful that dollars in reserve could boost prospects in 2023. Whatever the market holds, venture capital funding will likely look different in the coming years, with VCs prioritizing evidence of focused, sustainable growth in the companies they back.

Simply put: In this environment, it’s about going back to basics.

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Douglas Wilber

3 Easy New Year’s Resolutions Every Business Owner Should Make in 2023

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3 Easy New Year’s Resolutions Every Business Owner Should Make in 2023

Opinions expressed by Entrepreneur contributors are their own.

New year’s resolutions are a bit of a joke these days. Let’s be honest. To the point that breaking them seems par for the course. Only 9-12% of the 41% of Americans who make resolutions in the first place follow through with them.

As business owners, we face this every year too. We set goals for our team, or we have growth forecasts to hit. Right from the jump, we commit ourselves to deliver a long list of lofty promises.

And do we come through?

It would be very glib of me to accuse you of writing checks your…um…”bottom” can’t cash. But statistically, that’s precisely what you’re doing. In the warm, cozy confines of the Christmas holidays and new year celebrations, you concoct all of these wonderful new milestones for you and your business.

Then reality hits. The day-to-day operational issues, supplier delays and client requests. They all conspire to slow your progress to a crawl. Before you know it, you’re preparing for Christmas again, having hardly achieved any of it!

Related: 10 New Year’s Resolutions Entrepreneurs Should Make Every Year

The problem is that you tried to change too much!

We all look for magic bullet solutions, but your mind is just not set up to cope with massive and sudden changes. As much as 97% of your decision-making is done subconsciously. That means that no matter how strong your intellectual resolve is — unless you can internalize your intentions and communicate them favorably to your subconscious — you’re unlikely to see them to fruition.

You might think that working on your subconscious is a personal indulgence you don’t have time for, but trust me: you have to. Like it or not, your business is an extension of you. It exists because you created it and gave it purpose.

If you are locked in a personal battle between your consciously held desires and your subconscious emotional programming, your business will rapidly lose direction and focus.

So with that said, here are three easy new years resolutions that every business owner should make in 2023.

1. Make ‘check-ins’ a part of your everyday routine

What do I mean by this?

I’m talking about taking five or ten minutes twice daily to take yourself off to a quiet space and check in with yourself.

We can often become derailed as we go through our day. We unknowingly carry the baggage of the various issues we encounter into our subsequent decisions on unrelated matters.

By checking in regularly, you’ll be able to hear and let go of your frustrations. Your ‘stuck states’ will be freed, enabling you to address your needs with a level head. Thus improving your ability to lead and your team’s ability to deliver.

Related: This is Why Entrepreneurs Seriously Need to Take a Break

2. Take regular ‘VIP Days’

I do this at least once or twice a month, but it’s crucial in getting that 97% of your brain onboard.

A VIP day involves you indulging in your favorite things to do. This could be shopping, a spa treatment, going to your favorite restaurant for lunch…anything.

A big part of why you face so much internal resistance to change is because you are hardwired (thanks to millions of years of inherited, genetic wisdom) to resist it. The change represents the unknown, and the unknown is unsafe!

Bearing in mind that this simple reasoning pre-dates language, reasoning and certainly globalization. It simply doesn’t have the awareness that your conscious mind does. What taking a VIP day will do for you is show your subconscious that you are a person who has taken chances and they have given your more security. Not less.

A significant point of resistance to growth for so many of us is that we simply do not see ourselves as successful. By enforcing the taking of regular VIP days, you’re actively stepping into becoming that new person holistically. And your subconscious will notice.

Related: Would You Rather Change or Let Your Business Die?

3. Set micro-goals for your business

It’s easy to drag everyone into a meeting on their first day at work of the new year and proclaim that “this year we’re going to aim to double growth in sales!” before dusting your hands off and returning to your office.

Setting top-level goals is your responsibility, sure. But you won’t get there in one leap!

Going back to what I just said about your subconscious programming. Looking at a high-level goal like that, with no conceivable way to break it down, is simply going to result in overwhelm for you and your team. You need to think about the lower-level steps along the way to achieving that end result and then walk those through with your team.

Related: Do You Have a Love/Hate Relationship With Goals?

Of course: delegate operational responsibility for them, but recognize your responsibility to understand what they are in the first place! When everyone can see the path clearly, understand precisely how to execute their part in it and feel confident in their ability to do so: you’ll be unstoppable.

Limiting these to three and keeping them simple is to avoid overcommitting yourself and risking a shutdown. The reason for giving your three personal resolutions (rather than ones for your business directly) is to better resource you in terms of your mental resilience so that you can handle whatever comes your way.

Make no mistake: the challenges of 2022 are likely to continue well into 2023. The best way to hedge against them is by better equipping yourself with the internal resources to guide your team decisively.

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Daniel Mangena

Global leaders condemn assault on Brazilian government buildings

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Global leaders condemn assault on Brazilian government buildings

(Reuters) – Supporters of Brazil’s far-right former President Jair Bolsonaro on Sunday invaded the country’s Supreme Court and its Congressional building and surrounded the presidential palace in Brasilia. Here are reactions from world leaders:

United states president joe biden

“I condemn the assault on democracy and on the peaceful transfer of power in Brazil. Brazil’s democratic institutions have our full support and the will of the Brazilian people must not be undermined. I look forward to continuing to work with @LulaOficial.”

United states secretary of state antony blinken

“We condemn the attacks on Brazil’s Presidency, Congress, and Supreme Court today. Using violence to attack democratic institutions is always unacceptable. We join @lulaoficial in urging an immediate end to these actions.”

Mexican president andres manuel lopez obrador

“The coup attempt by the Brazilian conservatives urged on by the leadership of oligarchic power, their spokespersons and fanatics, is reprehensible and undemocratic. Lula is not alone, he has the support of the progressive forces of his country, Mexico, the American continent and the world.”

White house national security advisor jake sullivan

“The United States condemns any effort to undermine democracy in Brazil. President Biden is following the situation closely and our support for Brazil’s democratic institutions is unwavering. Brazil’s democracy will not be shaken by violence.”

Organization of american states secretary general luis almagro

“We condemn the attack on the institutions in Brasilia, which constitutes a reprehensible action and a direct attack on democracy. These actions are inexcusable and fascist in nature.”

European union foreign policy chief josep borrell

“Appalled by the acts of violence and illegal occupation of Brasilia’s government quarter by violent extremists today. Full support to Lula and his government, to Congress and to the Federal Supreme Court. Brazilian democracy will prevail over violence and extremism.”

India prime minister narendra modi

“Deeply concerned about the news of rioting and vandalism against the State institutions in Brasilia. Democratic traditions must be respected by everyone. We extend our full support to the Brazilian authorities.”

Portugal’s foreign minister joao gomes cravinho

“Without a doubt, former president Bolsonaro has responsibility. His voice is heard by these anti-democratic demonstrators. It would be very important if he had a message of condemnation in the face of the disorder that is currently happening in Brasilia.”

Chilean president gabriel boric

“The Brazilian government has our full support in the face of this cowardly and vile attack on democracy.”

Colombian president gustavo petro

“All my solidarity to @LulaOficial and the people of Brazil. Fascism has decided to stage a coup. … It is urgent for the OAS (Organization of American States) to meet if it wants to continue to live as an institution.”

Argentine president alberto fernandez

“I want to express my rejection of what is happening in Brasilia. Mine and the Argentine people’s unconditional support for @LulaOficial in the face of this attempted coup he is facing.”

U.s. house minority leader hakeem jeffries

“The violent attack on the heart of the Brazilian government by right-wing extremists is a sad but familiar sight. We stand with the people of Brazil and democracy.”

French president emmanuel macron

“The will of the Brazilian people and the democratic institutions must be respected! President @LulaOficial can count on France’s unwavering support.”

United kingdom foreign secretary james cleverly

“The violent attempts to undermine democracy in Brazil are unjustifiable. President @LulaOficial and the government of Brazil have the full support of the UK.”

Venezuelan president nicolas maduro

“We categorically reject the violence generated by Bolsonaro’s neo-fascist groups which have assaulted Brazil’s democratic institutions. Our support for @LulaOficial and the Brazilian people who will surely mobilize in defense of peace and their president.”

Uruguay’s foreign ministry

“Uruguay condemns the episodes of violence against the institutions in Brazil and calls for respect for the rule of law, democracy and its government.”

Peru’s foreign ministry

“The government of Peru energetically condemns the assault on the headquarters of congress, the presidency and the supreme court of Brazil and any attempt to disregard the legitimacy of the October 2022 elections. Our solidarity with President Lula and Brazilian democracy.”

Ecuadorean president guillermo lasso

“I condemn the actions of disrespect and vandalism perpetrated against democratic institutions in Brasilia, they attack democratic order and citizen security. I express my and my government’s backing for the legal regime of @LulaOficial.”

Bolivian president luis arce

“We strongly condemn the assault on the Brazilian Congress, Palace and Supreme Court by anti-democratic groups. Fascists will always seek to take by force what they failed to achieve at the ballot box. Our solidarity with the Brazilian people and the president @LulaOficial.”

Paraguayan president marito abdo

“We are concerned about what is happening in Brazil. The path should always be respect for institutions, democracy, freedom and non-violence.”

U.s. representative joaquin castro

“Bolsonaro should not be in Florida. The United States should not be a refuge for this authoritarian who has inspired domestic terrorism in Brazil. He should be sent back to Brazil.”

European parliament president roberta metsola

“Deeply concerned about what is happening at Brazil. Democracy must always be respected. The European Parliament is on the side of the Lula government and all legitimate and democratically elected institutions.”

Italian prime minister giorgia meloni

“What is happening in Brazil cannot leave us indifferent. The images of the irruption into institutional offices are unacceptable and incompatible with any form of democratic dissent. A return to normality is urgently needed and we express solidarity with Brazilian institutions.”

Spanish prime minister pedro sanchez

“All my support to President @LulaOficial and to the free and democratically elected institutions of the Brazilian people. We categorically condemn the assault on the Brazilian Congress and make a call for the immediate return to democratic normality.”

CUBAN PRESIDENT MIGUEL DIAZ-CANEL

“We energetically condemn the violent and undemocratic acts in Brazil aimed at creating chaos and disrespecting the popular will which resulted in the election of President Lula.”

Costa rican president’s office

“The Government of Costa Rica regrets the attack on democracy in Brazil and calls for respect for the constitutional order of that country. We support the President @LulaOficial.”

(Compiled by Julia Symmes Cobb and Gabriel Araujo; Editing by Paul Simao, Daniel Wallis and Diane Craft)

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Reuters

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