The cryptocurrency markets continue to surprise with new developments. Let's explore the top three news of the day.
XRP Boosted by Ripple's New Partnership
Ripple has expanded its presence in Europe through a new partnership with Unicâmbio, a Portuguese currency exchange provider. The collaboration aims to support crypto-enabled cross-border payments between Portugal and Brazil, enabling Unicâmbio’s clients to make faster transactions without excessive fees or delays. This partnership promises to strengthen economic and cultural ties between the two countries, improving the efficiency of money transfers.
Massive Shiba Inu Withdrawal from Coinbase
The price of Shiba Inu remains stable, but recent activity in the network raises questions. An unknown wallet associated with the '0xB7e09' address withdrew approximately 151.61 billion SHIB from Coinbase over five days, worth an impressive $2.41 million. The wallet had no previous activity with Shiba Inu, and all withdrawals originate from the specified Coinbase address, suggesting potential internal operations by the exchange or significant accumulation of tokens by a large investor.
Significant Bitcoin Transactions on Kraken
According to Whale Alert, three major transactions totaling over $641.8 million were conducted yesterday. These included a withdrawal of around $193.5 million (2,000 BTC) from the Kraken exchange to an anonymous wallet, as well as two deposits back to Kraken totaling 2,164 and 2,500 BTC, valued at $448.4 million altogether. Financial expert Robert Kiyosaki recently announced his purchase of Bitcoin during its current dip, stating that 'owning gold and Bitcoin is smarter and safer than saving dollars.'
These events underscore the dynamic nature of cryptocurrency markets and their rapid development in various regions. Market participants should be prepared for unexpected changes and ready to adapt to new realities.
