XRP Might Be Game-Changing Token, Per NBA Legend Pippen; Ex-Binance CZ Issues Crucial BTC Warning, Michael Saylor Responds; 144.5 Billion SHIB in Single Hour: Crypto News Digest by U.Today

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As a seasoned researcher with a knack for uncovering the intricacies of the digital world, I find myself constantly captivated by the dynamic and ever-evolving landscape of cryptocurrencies. The past day has been no exception, filled with stories that not only highlight the financial potential of these digital assets but also underscore their increasing mainstream acceptance.

Here are the top three news stories over the past day presented to you by U.Today.

XRP might be game-changing token, according to NBA legend Pippen

Legendary basketball player Scottie Pippen, renowned for his six NBA championships with the Chicago Bulls in the ’90s, posed a crypto-related question to his followers on social media recently. The question was whether Ethereum or Ripple‘s token XRP would take the lead and revolutionize the market by 2025. In his post, he wrote, “ETH vs. XRP… Who’s set to shake things up in 2025?” It’s not clear what sparked Pippen’s growing fascination with cryptocurrencies. Previously, he participated in the NFT trend among celebrities in 2022. In early 2023, Pippen began sharing unusual Bitcoin price predictions on social media, stating that these predictions were given to him by Satoshi himself during his dreams. As reported by U.Today, Pippen claimed that Satoshi had predicted Bitcoin would reach $84,000 by early November, and this prediction surprisingly came true.

Ex-Binance CZ issues crucial Bitcoin warning, Michael Saylor responds

Previously, the former CEO of Binance, Changpeng Zhao (also known as CZ), shared a notable caution about Bitcoin on his social media page. In essence, CZ emphasized that the maximum supply of Bitcoin is 21 million coins, with around 19.8 million already mined to date. He concluded by noting that Bitcoin’s supply is “controlled by math,” which distinguishes it from fiat currencies since no central bank can produce additional Bitcoins once the total supply reaches 21 million. This post grabbed the attention of Michael Saylor, MicroStrategy founder and Bitcoin proponent, who responded to CZ by simply stating “Running (out) of #Bitcoin.” Interestingly, on Monday, Saylor’s company, MicroStrategy, made a large purchase of Bitcoin, acquiring 21,550 BTC for $2.1 billion, boosting their total holdings to over 423,650 Bitcoins worth more than $41 billion.

144.5 billion SHIB in single hour – What’s happening?

As an analyst, I’ve recently observed a significant development in the crypto market. A prominent investor, known as a ‘crypto whale’, has re-entered the Shiba Inu (SHIB) market, acquiring approximately 150 billion SHIB tokens. This investor previously made substantial profits from Shiba Inu earlier this year and seems to be strategically reinvesting in the asset.

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2024-12-12 18:59