XRP Might Be Game-Changing Token, Per NBA Legend Pippen; Ex-Binance CZ Issues Crucial BTC Warning, Michael Saylor Responds; 144.5 Billion SH...
Release: 2024/12/13 02:59 Reading: 281
Cover image via U.Today
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
Scottie Pippen, a legendary basketball player known for winning six NBA championships with the Chicago Bulls in the 1990s, recently posed a crypto-related question to his followers. Pippen wondered which of the top two digital assets, Ethereum or Ripple-affiliated token XRP, would be a game-changer in 2025. "ETH vs. XRP… Who's changing the game in 2025?" he wrote in his post. The reason behind Pippen's growing interest in cryptocurrencies is not known. In 2022, he joined the trend among celebrities involved in NFTs. Earlier this year, Pippen began sharing unconventional Bitcoin price predictions on social media, claiming that Satoshi himself had relayed these predictions in his dreams. According to U.Today, Pippen asserted that Satoshi informed him that Bitcoin would reach $84,000 by early November, a prediction that turned out to be remarkably accurate.
Ex-Binance CEO CZ issues crucial Bitcoin warning, Michael Saylor responds
Former Binance CEO Changpeng Zhao (also known as CZ) issued a significant warning regarding Bitcoin on his page. CZ emphasized the king crypto's limited supply of 21 million coins as programmed by its creator, Satoshi Nakamoto, stating that approximately 19.8 million Bitcoins have already been mined. "Controlled by math," wrote CZ in conclusion of his post, implying that in this regard, BTC surpasses fiat currencies because no central bank could mint additional Bitcoins once the total supply reaches 21 million. Michael Saylor, founder of MicroStrategy and a vocal Bitcoin advocate, took notice of the former Binance CEO's post. Saylor echoed CZ's sentiment regarding the urgency of Bitcoin's limited supply, writing in his comment, "Running (out of) #Bitcoin." On Monday, MicroStrategy made a substantial Bitcoin acquisition, purchasing 21,550 BTC for $2.1 billion, bringing its total holdings to 423,650 Bitcoins valued at over $41 billion.
144.5 billion SHIB in single hour – What's happening?
According to a recent report by Spotonchain account, a prominent crypto whale has acquired nearly 150 billion SHIB tokens. Earlier this year, the same investor realized significant profits from Shiba Inu and has seemingly decided to return to the asset as a strategic investment. In addition to SHIB, the whale bought several hundred billion PEPE tokens and half a million NEIRO tokens, spending a total of $12.8 million in DAI stablecoins on this extensive acquisition. The transaction was completed within a single hour using nine different digital wallets, and the whale currently holds just over $7 million in DAI, suggesting that their buying activity may continue. On March 31 this year, the same entity sold 533.6 billion SHIB, yielding a profit of $8.24 million in less than a month.
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