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Take a look at what's happening in the world of cryptocurrencies by reading the top three news stories on U.Today.
MicroStrategy's Saylor Offers to Buy $600 Million Bitcoin for Jeff Bezos
In a recent article in the Daily Mail: I mentioned Amazon founder Jeff Bezos is preparing to marry his fiancée, Lauren Sanchez, in a ceremony expected to be expensive About 600 million dollars In Aspen, Colorado. According to information provided by several sources to the British tabloid, Bezos has acquired an expensive sushi restaurant to accommodate up to 180 guests, and has rented several luxury mansions for high-ranking guests. However, shortly after posting, the Amazon founder took to social media To the state The story published by the Daily Mail is “completely false.” However, this did not stop Michael Saylor, co-founder of MicroStrategy, from responding to Bezos' denial of the Daily Mail's allegations. In his commentSaylor suggested that Bezos consider investing $600 million in Bitcoin instead of spending lavishly on his upcoming wedding. “$600 million would buy a lot of bitcoin,” Saylor wrote.
There are almost no new investors in XRP
The last metrics on the series Pointing A worrying trend for XRP. according to Data Offered by XRP Scan, the number of new accounts being created has declined sharply. In contrast to the peak of activity observed earlier in the year, when more than 30,000 new accounts were activated in a single day, only 1,756 new accounts were created on December 22, 2024. This significant decline indicates that XRP is not attracting new investors. Meanwhile, transaction activity on the XRP Ledger also declined, also reflecting declining participation from retail and institutional users. Currently, XRP is struggling to break out of the descending triangle pattern, with its price hovering around $2.30. This negative outlook is exacerbated by lower user growth and network activity, raising concerns about the future of assets in the cryptocurrency market. However, there is still hope that the opposite will happen, perhaps through major partnerships or network modernization.
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SHIB stock jumps 936%, price reacts unexpectedly
Data revealed Through the Shiburn tracking platform It is clear The rate at which SHIB meme coins are being removed from circulation has increased dramatically, with millions transferred to blocked wallets. Yesterday, December 23, 6,690,287 SHIB were burned by the Shiba Inu community, resulting in a significant 936.52% increase in the daily burning rate. The two largest transactions amounted to 3,507,923 and 2,300,437 shekels, respectively. However, despite this increase in burn activity, weekly burn numbers are currently negative, showing a decline of approximately 60%, with 62,381,241 SHIB tokens locked in unspendable wallets over the past seven days. At the time of writing, SHIB is trading at $0.00002303, up 8.05% over the past 24 hours, according to CoinMarketCap.
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