U.Today offers the three best news stories last day.
Ripple CTO explains the main difference between XRP and Bitcoin
Cto David Schwartz recently Participate in x exchange Regarding XRP with members of the encryption community. In one of his responsesSchwarrs referred to the main difference between the dynamics of XRP supply and bitcoin, saying that, it was measured in the common units, “There is a lot of bitcoin from XRP.” CTO then wrote that “the only reason you get in getting fewer BTC is that BTC is a value -greater than XRP.” In his opinion, the comparison of the displays on the display may only be misleading; XRP has a maximum of 100 billion, while the number of currencies associated with Bitcoin is 21 million coins. In addition, according to Coinmarketcap, the total Bitcoin supplies is 19.82 million BTC, with a XRP number 99.87 billion XRP. Now, BTC is trading at $ 97,946, and XRP at $ 2.73. At current prices, bitcoin supply is still higher than XRP in dollars. “The measurement in dollars, bitcoin supplies are greater than XRP. There is no meaning in which bitcoin is a scarcity of XRP.”
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Shiba Inu (SHIB): A reset point has been reached
Shaiba Eno arrived The potential support level This can become a basis for the reversal of the price after a long decrease. The formation of a double bottom pattern near the 0.00001485 brand indicates that the Meme code may be stable, although the total market conditions are still a source of concern. Recently, the death cross appeared on the SHIB chart, indicating the declining momentum, which historically has decreased prices of more prices but can precede the reflections. In order to confirm the oud reflection, SHIB needs to break the highest levels of the main resistance, starting from the moving average for 50 days about $ 0.00001700. However, the lack of a strong interest in purchase raises doubts about its ability to recover, and if the pressure pressure continues, SHIB may decrease to $ 0.00001300 or less.
The first Brazil agrees to XRP ETF: Details
Brazil is about to launch The first ETF XRP in the world. According to comissão de Valores Mobiliários (CVM), Hashdex, a well -known asset management company, got the approval of the launch of the first XRP group in the world, in Brazil. However, the exact date of the inclusion of the product on the Brazilian Stock Exchange (B3) is still unknown. With more than 200 million people, Brazil provides a huge market for investment products; Enter ETF XRP ETF will give both institutional investors and investors for sale a great opportunity to invest in assets without having to deal with technologies for private governors and direct ownership. While other countries like the United States still learn about their approach to ETF XRP, Brazil takes a big step forward, with the first place of XRP ETF in the world on the coming XRP to the country.
