Cryptocurrency News Digest by U.Today

Michael Saylor announced
Cover image via youtu.be

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Do your own research by contacting financial experts before making any investment decisions. We believe all content to be accurate as of the date of publication, but some offers mentioned may no longer be available.

Read the top three news stories brought to you by U.Today.

Michael Saylor announced a $299 million “Bitcoin Gift” to MSTR holders

Recently Share XMicroStrategy founder Michael Saylor subscriber A huge net benefit to the company's Bitcoin shareholders. Saylor described this feature as a “gift” from Bitcoin, highlighting that the company’s treasury operations generated approximately 3,177 Bitcoin last week; This equates to about $299 million (at a BTC price of $94,000). Thus, the founder of MicroStrategy emphasized the company's commitment to enhancing shareholder value through strategic Bitcoin accumulation and return generation initiatives. Meanwhile, MicroStrategy made headlines by acquiring $561 million worth of Bitcoin on Monday, December 23. Currently, the company has 444,262 bitcoins worth approximately $27.7 billion purchased at an average price of $62,257 per bitcoin.

The stablecoin Ripple USD (RLUSD) is listed on a major exchange

According to a hadith advertisement By Bullish, an institutional cryptocurrency exchange backed by investor Peter Thiel, it has been officially announced He added Stablecoin Ripple USD (RLUSD) on Tuesday, December 24th. Going forward, bullish users can trade a total of seven markets using the highly anticipated stablecoin. These markets include RLUSD/USDC, BTC/RLUSD, XRP/RLUSD, ETH/RLUSD, USD/RLUSD, EUR/RLUSD, and SOL/RLUSD. The stablecoin was launched last week, on December 17, following regulatory approval from the New York State Department of Financial Services (NYDFS), and is now receiving significant attention. Earlier, RLUSD was also listed on other exchanges such as Independent Reserve, Bitso, and Uphold. According to CoinGecko data, the current market cap of the stablecoin is $73.5 million, ranking it the 672nd largest cryptocurrency.

Shibarium celebrates Christmas with a major transaction milestone

Yesterday, when the world celebrated Christmas, the second layer of Shiba Inu, Shibarium, Achieve This is an important achievement by exceeding 700 million transactions. According to Shibariumscan DataThe total number of recorded transactions now stands at 708,006,911, with an average of 4.74 million transactions per day across 2,027,311 wallet addresses. This achievement is particularly noteworthy given that the ecosystem was officially launched in August 2023, indicating strong community engagement in a short period. Aside from this achievement, Shibarium can boast other notable developments, including the launch of a new user interface for improved compatibility with popular self-custodial wallets such as Coinbase Wallet, Trust Wallet, and MetaMask.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *