As a seasoned crypto investor with over a decade of experience in this volatile market, I have seen my fair share of price swings and market movements that left me both elated and dismayed. However, the news stories presented by U.Today today gave me reasons to be optimistic once again.
Here are the top three news stories over the past day presented to you by U.Today.
Say goodbye to Bitcoin under $60,000 forever: Samson Mow doubles down on forecast
Last weekend brought delightful surprises to Bitcoin owners as the leading cryptocurrency spiked from $58,580 to around $62,900, representing a 7.5% increase. This uplifting trend prompted Jan3 CEO and avid Bitcoin advocate Samson Mow to make an audacious prediction about its future value. He confidently stated that Bitcoin would no longer dip below the $60,000 mark again. With BTC maintaining its grip on the $60,000 level at the beginning of the week, Mow reaffirmed his forecast and shared it on social media, accompanied by a lighthearted NSYNC “Bye Bye Bye” GIF.
Shibarium bridge sentiment sends BONE up 6%
As a crypto investor following the Shiba Inu project closely, I’ve noticed an exciting development recently. Lucie, the marketing lead and an influential community member, has been actively engaging SHIB supporters on X (formerly Twitter) about the upcoming Shibarium Bridge. This attention from a team member sparked positive momentum for the Shiba Inu ecosystem.
136 million XRP in three hours – What’s going on?
According to Whale Alert’s blockchain monitoring, a massive transfer of 136 million XRP, or roughly $55 billion at current rates, occurred in the cryptocurrency market yesterday. This significant amount of Ripple-linked tokens was moved in just three hours through four substantial transactions. The majority of these funds were withdrawn from Binance by unidentified wallets. Three unknown whales executed withdrawals of approximately 33.8 million, 35.9 million, and 38.8 million XRP respectively. In the interim, an equivalent amount of 28 million XRP, valued at around $14.9 million, was deposited to Bitstamp.
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2024-07-16 19:36