Xaman’s spike in user activity reflects a renewed interest in the XRPL ecosystem amid the ongoing XRP rally and anticipation of the RLUSD stablecoin launch. Source link
Day: December 16, 2024
Price analysis 12/16: SPX, DXY, BTC, ETH, XRP, SOL, BNB, DOGE, ADA, AVAX
Sustained demand from buyers has pushed Bitcoin to a new all-time high, opening the doors for a rally toward $113,000. Source link
Time To Sell XRP? Price Completes Head And Shoulder Pattern, Suggesting Crash To $2.2 Is Imminent
Este artículo también está disponible en español. Crypto analyst TradinSides has suggested that it might be time for investors to start closing their XRP long positions. This came as the analyst revealed a bearish pattern, which showed that the XRP price could witness a significant crash. XRP Price Could Crash As Head And Shoulder Pattern Forms In a TradingView post, TradinSides predicted that XRP could crash as the price could form the Head and Shoulders pattern, driving the crypto to $2.2 or below. The analyst stated that this price correction…
Ripple’s RLUSD stablecoin set to launch Tuesday as XRP token jumps 8%
Key Takeaways Ripple announces RLUSD stablecoin launch for December 17, 2024. XRP token surges 8% on RLUSD news, reaching $2.56 with a $146 billion market cap. Share this article Ripple has officially announced that its USD-backed stablecoin, Ripple USD (RLUSD), will launch on Tuesday, December 17, 2024. Initially, the stablecoin will be available on exchanges including Uphold, Bitso, MoonPay, Archax, and CoinMENA, with additional listings expected on Bullish, Bitstamp, Mercado Bitcoin, Independent Reserve, Zero Hash, and more in the coming weeks. RLUSD will be fully backed by US dollar deposits,…
Ripple USD stablecoin set for trading debut tomorrow
Ripple’s RLUSD stablecoin is set for its trading debut on Dec. 17 on platforms including Uphold, MoonPay, Archax and CoinMENA, the company said. Source link
Ethena Labs debuts USDtb backed by BlackRock’s BUIDL
Key Takeaways Ethena Labs launches USDtb, a stablecoin backed by BlackRock’s BUIDL, maintaining 90% reserves in BUIDL. USDtb operates independently from USDe and is available on Ethereum mainnet, Base, Solana, and Arbitrum through LayerZero integration. Share this article Ethena Labs has launched USDtb, a new stablecoin backed by BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL). The stablecoin maintains a peg to the US dollar, holding 90% of its reserves in BUIDL issued by BlackRock. It is developed in partnership with Securitize, a leader in real-world asset tokenization. “In light of…
Canada’s finance minister resigns, citing ‘serious challenges’ from US
Chrystia Freeland said she would remain a member of Canada’s parliament but had resigned from Prime Minister Justin Trudeau’s cabinet. Source link
Bitpanda receives in-principle approval for UAE expansion
Bitpanda has secured in-principle approval from Dubai’s VARA, paving the way for its entry into UAE’s growing crypto market and advancing its global expansion strategy. Source link
SoftBank CEO to unveil $100 billion investment in US AI sector during Trump meeting today
Key Takeaways SoftBank Group’s founder is set to announce $100 billion investment in AI during a visit with Trump. The initiative focuses on semiconductor manufacturing and AI development projects. Share this article SoftBank Group Corp. CEO Masayoshi Son plans to announce a $100 billion investment in US artificial intelligence infrastructure during a meeting with President-elect Donald Trump at Mar-a-Lago on Monday, according to CNBC. The initiative also targets the creation of 100,000 jobs across the US over the next four years, focusing on key AI development areas like semiconductor manufacturing,…
MicroStrategy acquires 15,350 BTC ahead of Nasdaq-100 listing
Key Takeaways MicroStrategy continues its Bitcoin accumulation, announcing today a $1.5 billion purchase of 15,350 BTC. The company’s current Bitcoin holdings are valued at $45 billion, making up over 2% of Bitcoin’s supply. Share this article MicroStrategy announced today it had acquired 15,350 BTC worth around $1.5 billion between December 9-15, marking its sixth consecutive week of Bitcoin purchases. The announcement comes ahead of its inclusion in the Nasdaq-100 index, which takes effect next Monday. MicroStrategy has acquired 15,350 BTC for ~$1.5 billion at ~$100,386 per #bitcoin and has achieved…