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15 يناير
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JANUARY 2025
3$🔥
27%
5$🧨
40%
8$💥
33%
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#XRPRealityCheck Institutional Interest in XRP Paves the Way for Mass Adoption. Claver points to the increasing involvement of institutions in the XRP space as a sign of its imminent rise. He noted that Grayscale’s XRP Trust product mirrors the firm’s early moves with Bitcoin and Ethereum. Specifically, this signals Grayscale’s growing confidence in the asset, with a filing for an XRP ETF likely to follow. Meanwhile, multiple filings for XRP-based ETFs from other asset managers have added to the excitement. As of today, applications for XRP ETFs have reached seven. “When big institutions show interest, wider adoption often follows,” Claver noted. Moreover, he stressed that XRP’s ability to facilitate fast and scalable cross-border payments makes it an attractive option for large financial transactions, giving it a potential edge in the global financial scene. XRP Network Well-suited for Tokenization Market Tokenization, the process of converting real-world assets into digital tokens, is rapidly gaining traction in the crypto scene. Claver believes XRP is perfectly in a position to capitalize on this trend. Specifically, he suggested that regulation will play a crucial role in driving the digital asset market into the trillions of dollars, with XRP’s efficient and scalable system positioning it as a go-to platform for such initiatives. Notably, the XRP Ledger stands out for its ability to handle high transaction volumes with low costs and fast speeds. With the growing interest in tokenized assets like real estate and stocks, Claver believes this utility makes XRPL ideal for supporting a tokenized financial ecosystem. Moreover, Ripple’s partnership and integration through platforms like Axelar Network strengthens XRP’s position. Stablecoins and Ripple’s Strategic Moves Another key factor Claver highlighted was the growing role of stablecoins in the financial ecosystem. According to him, Ripple’s recent launch of RLUSD is a major milestone for the project.
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🔥ERIC TRUMP DROPS A BOMBSHELL: 0% TAXES FOR MADE IN US CRYPTO. US-based Crypto Projects to Enjoy Zero Capital Gains Tax As per reports, Eric asserted that US-based crypto projects, including XRP and HBAR, would benefit from the zero capital gains tax policy. Eric’s confirmation has triggered excitement in the entire cryptocurrency industry. Many crypto enthusiasts believe that the decision would make US-based crypto projects more attractive. Will Non-US-Based Projects Receive Any Tax Relief? The policy is less likely to provide any benefit to non-US crypto projects. According to reports, Eric highlighted that non-US crypto projects would attract a capital gains tax of 30%. Experts believe that this sharp contrast in taxation aims to level the playing field in favour of US-based crypto projects and incentivise companies to establish operations within the country. US-based Crypto Projects: An Overview The total market cap of the Made in USA category now stands at $550 Billion, and its 24-hour trading volume remains at $37,474,510,450. The category, like what the name suggests, refers to cryptos having strong connections to the US. XRP, Solana, USDC, Cardano, Chainlink, Avalanche, Stellar, Hedera, Sui and Polkadot are the top ten cryptocurrencies by market cap in the category. In the last 30-days, almost all the top ten cryptos in this category have shown bullish trends. XRP has surged by 42%, Solana by 31.7%, Cardano by 12.3%, Chainlink by 8.7%, Steller by 18.5%, and Hedera by 15.1%. However, during the same period, Avalanche has slipped by 7.4%, Sui by 2.8% and Polkadot by 9.9%.
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shib
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SHIBA INU BURN RATE EXPLODES BY 1014% WIPES OUT MILLIONS OF SHIB. Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a surge in its burn rate, climbing 1,014% in the last 24 hours. This increase has led to the destruction of millions of SHIB tokens, fueling renewed optimism within the community. By permanently removing SHIB from circulation, the mechanism aims to create scarcity and, in turn, drive up its value over time. The start of 2025 has seen millions of SHIB tokens sent to dead wallets, substantially lowering the total supply. HOURLY SHIB UPDATE$SHIB Price: $0.00002045 (1hr -0.88% ▼ | 24hr -3.03% ▼ ) Market Cap: $12,058,600,807 (-3.01% ▼) Total Supply: 589,256,855,981,115 TOKENS BURNT Past 24Hrs: 6,607,094 (1014.1% ▲) Past 7 Days: 43,925,619 (-47.25% ▼) — Shibburn (@shibburn) January 24, 2025 According to Shibburn, an X account that tracks SHIB burns, 6,607,094 SHIB tokens were destroyed within the past day alone. In the last seven days, 43,925,619 SHIB were burned. This effort comes as part of ongoing activities to bolster the Shiba Inu ecosystem, with the Shiba Inu community showing no signs of slowing down in its aim to turn Shiba Inu from a meme token to a serious contender in the crypto space. SHIB price shows modest reaction Despite a considerable rise in burn rate over the last 24 hours, Shiba Inu's price has seen only modest movement so far. As of this writing, SHIB was trading at $0.00002043, up 1.43% in the last 24 hours. The immediate price impact appears limited, although some contend that the long-term effects of sustained burns could prove beneficial. The cryptocurrency market turned positive after an executive order to ban the digital dollar and promote crypto and AI innovation was released in the U.S. Meanwhile, recently released data from the United States indicate that the "all tenant rent" index, which leads shelter inflation in the CPI, increased at a slower rate last quarter. This has fueled optimism that the Fed may reconsider its hardline December rate estimates.
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#XRP whales activity .💥💥💥💥 100 million XRP on the move🐋🐋🐋🐋🐋 The analyst shared a chart produced by the popular on-chain data aggregator Santiment which revealed that cryptocurrency whales have begun a massive buying spree on the market. During the past two days, they have accumulated an astounding 100,000,000 XRP. Those were large wallets, holding between 1,000,000 and 10,000,000 XRP each. At the current exchange rate, this amount of Ripple-affiliated coins is valued at $327,484,478 as the XRP is changing hands at $3.27 per coin. According to the chart, over the two previous days, whales sold a significant amount of XRP: “Whales bought over 100 million $XRP in the last 48 hours.” Whales bought over 100 million $XRP in the last 48 hours, as shown by data from @santimentfeed! pic.twitter.com/TVdqt65Nu4 — Ali (@ali_charts) January 20, 2025 These 100 million XRP were purchased as the third biggest cryptocurrency by size of the market capitalization plunged, losing more than 10% - from approximately $3.27 to $2.92. Today, XRP witnessed a massive increase of more than 14% as it skyrocketed from $2.92 to the $3.33. XRP followed the Bitcoin price trajectory as the largest cryptocurrency reached a new all-time high of $109,114. By now, BTC has shed some of its today’s profits and is trading at $107,468. 40 million XRP deposit strikes Binance As covered by U.Today earlier, a slightly smaller XRP chunk, containing 40 million XRP coins was transferred to the largest global crypto exchange Binance from an anonymous cryptocurrency wallet. While the community took this deposit as a bullish sign, Bithomp XRP-focused data platform revealed that the transfer had in fact been conducted by a wallet associated with Binance. Therefore, it was an internal crypto transaction.
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