Here are the top three news stories from the past day brought to you by U.Today.
Here are the top three news stories from the past day brought to you by U.Today.
Ripple CTO Issues Crucial Warning to XRP Community
Ripple CTO David Schwartz recently managed his X followers with an important warning. In its mail, Schwartz shared a screenshot from X user @3YearLetterman showing a direct message from a bad actor posing as a member of X’s support team. The scam message informs the user under investigation for copyright infringement and you have 24 hours to fill out a comment form; Otherwise, the account will be suspended. Ripple’s CTO urged the XRP community and those who follow him on .
Alex Dovbnya
‘Rich Dad Poor Dad’ Author Makes Impressive Bitcoin Price Prediction
In a recent x publicationRobert Kiyosaki, renowned investor and author of the bestselling book “Rich Dad, Poor Dad.” has shared his last call on the price of Bitcoin in the near future. “Bitcoin will cost $350,000 on August 25, 2024,” Kiyosaki wrote; However, this bold prediction has a downside. The author further added: “It’s a prediction. It’s speculation, it’s an opinion, but it’s not a lie. It’s bait for fools, but it’s not a lie because any prediction about the future is not a lie,” potentially implying that no one You can know with certainty what the future holds for BTC or any digital asset in general. Kiyosaki then continued his post by saying that he is currently increasing his reserves of Bitcoin, Ethereum, and Solana, adding, however, that he is not doing so because he is “confident” about these cryptocurrencies, but because he trusts in “the incompetence of our leaders.” . “.
Shiba Inu (SHIB) and Cardano Explode with Whale Activity
Shiba Inu and Cardano have recently seen a significant increase in large-scale transactions. According to data from Santiment reports, the cause of this increase is mainly the increase in interest from “whales”, or investors who carry out transactions greater than $100,000. This week, the number of such large transactions for SHIB and ADA has more than doubled, compared to the 2024 average. As can be seen in the chart attached to Santiment Publication, the current figure of such massive transactions for the ADA token is 875, and for the SHIB token, it is 321. However, even the day before, the figures were much lower: around 455 for Cardano and 81 for Shiba Inu. At the time of writing, SHIB is trading at $0.000025, down 2.84% over the last 24 hours and ADA at $0.4798, up 4.09% over the same period.
