#BinanceAcademy $USDC god

6$XRP questions and answers about RLUSD, Ripple's new cryptocurrency

1. What is RLUSD?
RLUSD is a stablecoin issued by Ripple, aimed at maintaining a constant value of 1 US dollar.

This parity is achieved through backing with deposits in US dollars, short-term US Treasury bonds, and other cash-equivalent instruments.

2. When was RLUSD launched?
The stablecoin was launched today, December 17, 2024. This launch is an important step for Ripple, extending its offering beyond XRP and positioning itself in the competitive stablecoin market.

3. On which networks does RLUSD operate?
RLUSD is already operational on two major networks. The first is the XRP Ledger, owned by Ripple, and the second is Ethereum, the most widely used smart contract network.

This duality allows RLUSD to be part of both Ripple's native ecosystem and the vast network of decentralized applications (DeFi) that thrive on Ethereum.

With this interoperability approach, it seeks to maximize the reach and utility of RLUSD, allowing users to interact with different ecosystems without the need to convert between different stablecoins, thereby facilitating adoption and use.

4. How is the stability of RLUSD ensured?
The stability of RLUSD is ensured through reserves of US dollars, Treasury bonds, and other high-liquidity assets.

5. What is the goal of RLUSD?
The main goal of RLUSD is to facilitate fast and efficient cross-border payments, offering an alternative to traditional payment systems that are slower and more expensive.

As a stablecoin, $rlusd eliminates the volatility associated with other cryptocurrencies, making it ideal for commercial transactions.

6. How does RLUSD benefit XRP?
The introduction of RLUSD could significantly increase the utility of XRP. When making transactions with RLUSD on the XRP Ledger, the use of XRP is required to pay transaction fees, which could increase the demand for $XRP and, consequently, its value.

SHIB loses 13% in a week: Analysis of the decline

A spectacular rise followed by a fall
The price of Shiba Inu ($SHIB
) reached a peak of $0.000034, before experiencing a significant correction to $0.00002755. This drop, which represents a loss of 13% in a week, reflects a marked slowdown after a period of strong progress. In parallel, trading volume has also decreased by 13% in 24 hours, demonstrating a waning interest from investors. This abrupt turn occurs in a context where optimism surrounding the Shiba Inu ecosystem initiatives had until then seemed to drive the token's momentum.

The BRICS currency formed by the countries Brazil, Russia, India, China, South Africa among others will launch their crypto asset this December 28 on the PancakeSwap platform according to the website Cryptotime.com, which states that it is expected to start with a capitalization of about 34.5 million dollars at the beginning and start of the year at approximately 50.2 million being backed by gold and oil, assured Vladimir Putin in an interview he had on December 10.

Will it be able to match $BTC or $ETH ?

Could $DOGE finally break free from its stagnation?

Future Perspectives
In the short term, analysts predict that Dogecoin could reach new heights if current trends continue. The recent increase in addresses holding large amounts of DOGE is a positive sign, indicating that investors are hoarding the crypto in anticipation of a future rise. Additionally, the general optimism in the crypto market may also be working in favor of Dogecoin.

Overall, Santiment's analysis offers an optimistic outlook for the crypto market. However, investors must remain vigilant against volatility and continue to monitor key indicators to make informed decisions.

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$DOGE has strong canine competition: the first Telegram ICO reaches 1.5 million dollars

innovators, especially those offering a new utility and growth potential, like Dogizen.

The window to enter is closing soon
With a current price of only 0.000077 dollars, Dogizen offers early investors access to a project that combines the best elements of successful dog tokens with the explosive potential of Telegram games. With 41.56% of profits still available in the presale phase, the opportunity to acquire tokens at the lowest possible price will only last for a limited time.
#TopCoinsSeptember #dogeverse

Binance recorded massive Bitcoin withdrawals of over 8,000 BTC
While the price of Bitcoin broke new all-time highs reaching 100,000 dollars, the massive withdrawals by large investors from the Binance exchange range from 4,000 to over 8,000 $BTC
as recently reported by technical analyst "Darkfost" on the on-chain analysis platform CryptoQuant.$
#TopCoinsSeptember

Impressive growth of bitcoin addresses holding more than 100 BTC
According to recent data, the number of bitcoin addresses with balances exceeding 100 BTC has reached a new high at the end of this year 2024, nearly hitting 18,000 addresses! Several reasons could explain this trend. Firstly, bitcoin is increasingly perceived as a hedge against inflation. With the expansive monetary policies adopted by numerous countries, investors are seeking assets that can preserve their purchasing power. Additionally, bitcoin crossing $100,000 has convinced many skeptics of the value of BTC, reinforcing its position as a reliable and valuable store of value that could lead to a drop back down to $95,000 due to massive whale sell-offs
#TopCoinsSeptember #BTCPricePredictions

The party seems to have ended in the crypto sphere. The promises of a dazzling altseason and a bitcoin reaching astronomical peaks are fading. As the crypto market wobbles under the weight of corrections, $XRP and $DOGE could still surprise. These two altcoins reveal, through an often-overlooked indicator, encouraging signs of activity and resilience.
#TopCoinsSeptember

Coinbase said that it will evaluate later the possibility of re-enabling services for stablecoins that achieve compliance with MiCA.

What is happening with Cardano ($ADA )

- The price of ADA has increased by 100% in the last month.
- The price of ADA is expected to surpass 2 dollars in the next month.

*Why is the price of ADA increasing?*

- Improvements in the scalability and smart contracts of the Cardano network.
- The layer 2 scaling solution Hydra has allowed the network to increase its speed.

*What does this mean for investors?*

- Altseason (altcoin season) is around the corner, which may favor the growth of ADA.
- Cardano is differentiating itself from other cryptocurrencies like Solana and Ethereum thanks to its improvements in governance and technology.

Maximum potential for Bitcoin: long-term holders would have to sell 828,000 BTC in 30 days

Bitcoin's rise toward $100,000 has seen a significant amount of selling from long-term holders, which, according to some analysts, could indicate a potential peak that turns markets bearish and surprises traders when buying demand begins to wane.

"It's a game of musical chairs: enjoy the ride, but prepare for when the music stops," said Maartuun, a contributor to CryptoQuant, in a post on X on December 8.

Long-term holders are selling their Bitcoin
Since November 8, long-term holders, wallets that have held Bitcoin
BTC
tickers down
95,775 €
for at least 155 days, have sold 827,783 $BTC , with an approximate value of $82.6 billion at the current price of around $99,200.

Launch a cryptocurrency credit card in Japan
By 2025, Japan will have its first cryptocurrency credit card, issued by a Japanese company and the owner of ChiitanStar, the first meme cryptocurrency with a mascot

Japan will have a cryptocurrency-backed credit card after Slash Vision Labs finalizes an agreement with a Japanese credit card issuer. Slash is also working to bring Japanese intellectual property to Web3.
A cryptocurrency credit card backed by a memecoin
Details about the upcoming Slash Card are scarce. The Japanese issuer has not been named, although the company mentions in its announcement that it is already working with SoftBank Payment and Visa partner LifeCard.
According to the Slash Payment website, its current payment offering works with "almost any cryptocurrency" and is compatible with 10 blockchains. An incentive program for the Slash Card has been devised:
"With the launch of the Slash Card, Slash is making cryptocurrency payments more accessible while offering unique opportunities for both global and national cryptocurrency projects to connect with users in Japan through Pay-to-Earn airdrops and more.
The card, which will appear in 2025, will be fully compliant with Japanese cryptocurrency and payment regulations, as indicated by Slash.

Based in the British Virgin Islands, it also supports the marketing and operational efforts of Chiitan Coin (CTAN), the memecoin officially associated with the unofficial baby mascot of the city of Kochi (other sources say from the city of Susaki) that launched in June.
In August, Slash said it had made an investment in CTAN in a strategic alliance, as a result of which it owns the project and intends to "create a new genre called Mascot Meme
Cryptocurrencies and Japanese culture
In November, it began offering payment services to Comilio, a manga publishing platform. Users can upload mangas to the platform $BTC $ETH

Colombia, the fourth in the region with the highest income of 72,582,869,983 in US$6.788 billion

Between July 2023 and December 2024, Colombia
The arrival of bitcoin at the barrier of US$100,000, driven by the government announcement of Donald Trump, generated impact in the markets, appreciation in companies with deposits in this currency, and even in the crypto holdings of El Salvador. But this milestone is not only related to other countries or large corporate investors.

What experts indicate is that with this price and with more favorable regulation in the U.S. government and even a possible creation of a strategic bitcoin reserve, the cryptocurrency will gain increasing legitimacy and be embraced by more people.

Despite Bitcoin's record, an investment guru predicted the cryptocurrency's collapse

Robert Kiyosaki's predictions are common in the cryptocurrency market, but those with a negative connotation are not. The author warned that $BTC could collapse to $60,000. Nonetheless, he stated that in the long term it is on track to reach $250,000 by 2025.

Robert Kiyosaki has also been predicting a total collapse in Wall Street and the real estate market for some time. However, the main indices in the U.S. have accumulated good gains in 2024.

PREDICTIONS ACCORDING TO CHATGPT ABOUT SHIBA INU

According to some predictions, the price of Shiba Inu could be as follows:
In 2024, the average price of Shiba Inu is expected to be $0.0000250246 to $0.0000284.
In 2026, the price could reach €0.00009240 in the summer and €0.000114 by the end of the year.
In 2027, the price could peak at €0.000144 in December.
In 2029, the price could be $0.00004750 by mid-year and $0.00004364 by the end of the year.
By mid-2030, the price could be $0.00004691, and by the end of the year, it would drop to $0.00004902.
The price of Shiba Inu is very volatile, so it is recommended to only invest an amount that can be lost. Before buying Shiba Inu, it is important to educate oneself, read news articles, consult technical analyses, and understand how it works.

Is $100 enough to gain significant benefits with Litecoin ($LTC ), TRON ($TRX ), and Rebel Satoshi?

Are you looking for your next best investment opportunity in cryptocurrencies? Litecoin (LTC), TRON (TRX), and Rebel Satoshi (RBBLZ) may be good options with just $100.

Let’s explore how these leading altcoins have performed so far in 2023 and determine which is the best cryptocurrency to invest in!

Experts show optimism for Litecoin and predict a 95% increase in 2024.
Litecoin started 2023 on a stable note, aligning with broader market trends. However, it wasn't until July that LTC peaked in 2023.

LTC's performance so far this year reflects the overall trajectory of the cryptocurrency market, with an increase at the beginning of 2023. The peak, which reached $114.50 in July, was followed by a 48% drop until October amid regulatory uncertainties.

Despite the third halving event of LTC in August, Litecoin faced challenges, but by the end of October, it witnessed a resurgence as optimism grew regarding ETF approvals.

In November, John Bollinger, a prominent trader known for developing the Bollinger Bands trading tool, expressed concerns about Litecoin's performance relative to Bitcoin. Bollinger's observations shed light on potential challenges and nuances that may affect LTC's trajectory in the cryptocurrency market.

Experts are looking forward to 2024 and anticipate mixed prospects for Litecoin. The optimism is based on expectations of an upcoming bull run and the influence of the Bitcoin halving event in 2024. Predictions suggest that LTC could experience a 95% increase, reaching a projected price of $135.53.