As a seasoned researcher with years of experience in the cryptocurrency market, I find myself intrigued by the dynamic nature of this industry. The news stories from U.Today over the past day have been particularly captivating.
U.Today has prepared the top four news stories over the past day.
Ripple president breaks silence on XRPL’s groundbreaking move
On September 3, Ripple, the leading fintech company, made several significant announcements in a thread, one of which detailed a new partnership between Futureverse, a tech firm specializing in AI and Metaverse, and Ripple Custody. The collaboration is designed to provide secure management for Futureverse’s assets. As mentioned in the announcement, Futureverse has already adopted the XRPL NFT standard, using XRP as the energy token on the Root Network, and is connected with the XRPL DEX to maintain network liquidity. This update caught the eye of Ripple President Monica Long, who commended Futureverse’s decision, emphasizing that custody plays a crucial role in facilitating tokenization. In her post, she expressed excitement about expanding their partnership with Futureverse, stating, “Everyone – from traditional banks to crypto enthusiasts – needs secure and compliant infrastructure to drive enterprise applications. I’m thrilled to deepen our partnership with futureverse.”
Binance to list four major crypto trading pairs
On September 3rd, Binance crypto exchange announced that it would list four new trading pairs starting from the 4th of September, 2024, at 8:00 a.m. (UTC). This move aims to broaden the selection of tradable assets on Binance Spot and enhance users’ trading experiences. The newly listed pairs are AAVE/USDC, STMX/TRY, SUN/TRY, and TRX/USDC. Moreover, Binance will activate its Trading Bots services for these pairs at the same time, offering options such as spot grid, spot DCA (cost averaging), smart positions: DOGS/USDT, RENDER/USDT, REZ/USDT, ZK/USDT, and ZRO/USDT. Furthermore, algorithmic orders for AAVE/USDC, STMX/TRY, SUN/TRY, and TRX/USDC will also be enabled
Half-billion Bitcoin whale suddenly grabs large BTC chunk
Based on information from @lookonchain, an account with over half a billion dollars in Bitcoin reportedly made a significant purchase yesterday, acquiring 322.37 BTC worth about $19 million. Over the past week, this investor has accumulated a total of 2,322.37 BTC at a cost of around $136 million. Currently, their Bitcoin holdings amount to approximately 8,881 BTC, valued at roughly $523 million. @lookonchain has shared the wallet address for this whale: 3G98jSULfhrES1J9HKfZdDjXx1sTNvHkhN. Meanwhile, crypto tracker @spotonchain indicates that another cryptocurrency whale bought 1,100 BTC on the Binance exchange and later withdrew it, earning a profit of $62 million on their investment. This BTC was worth around $64.2 million at the time of withdrawal
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2024-09-04 20:22