Take a look at what happened in the encryption industry during the weekend with the best three news stories at U.Today.
CIO BitWise Names is the main reason behind the success of XRP
BitWise Cio Matt Hougan has recently transferred it to the X platform To share the most important fast food From the XRP LAS Vegas event that occurred last week. In Hogan’s opinionThe XRP world now adopts the idea that XRP and Bitcoin serve different markets. CIO added that one of the most prominent aspects of this event is the power of the XRP community. According to Hougan, “The Great Success” in Crypto is the extent of society’s strength behind the origin, which confirms that this is already the case for XRP. previouslyBitWise expected that the price of the distinctive symbol of ripples may rise to approximately $ 30 by the end of the contract if you can get a large foot in the sectors such as payments and the distinctive symbol.
30,490,000,000,000 SHIB was activated in 687 million dollars in the market selling
On Saturday, May 31, Sheba Eno It witnessed a noticeable decreaseMore than 5 % over the past 24 hours, amid the sale of a wider encryption market. Shayb has been in a declining direction since May 28; During Friday’s session, the Meme code fell sharply to less than SMA Daily 50 at 0.00001378 dollars for the first time in weeks, specifically since April 22. If the price remains less than this level, it may decrease to about $ 0.00001, but the reversal of the current levels may lead to short -term trading. Meanwhile, the total encryption market witnessed $ 700 million in liquidation, with 89 % of them, or 600 million dollars, in long positions, indicating that traders are very optimistic but perhaps exaggerating it. According to INTOTHEBLOCK data, 30.49 trillion of SHIB’s distinctive symbols are kept about 64000 headquarters in a range of 0.000012 to $ 0.000013, indicating strong support nearby. With SHIB trading within this region, traders are monitoring whether to find lower support or collapse, with the main resistance levels at $ 0.000014 and 0.000019 dollars, where 577.47 trillion Shayb has been purchased in advance.
It will be difficult to buy bitcoin: Michael Sailor
In a recent articleFounder of the strategy covered by CNBC Michael Silor at the Bitcoin 2025 event, highlighting the increasing attention One of the major companies in the accumulation of bitcoin. Last week, Trump Media announced its plans to invest $ 500 million in Bitcoin, while Tether, SoftBank and Strike Jack Mallers launched twenty -one, aimed at adding 42000 BTC and becoming the third largest carrier of Bitcoin. Silor is still optimistic about the future Bitcoin prospects, noting that many companies around the world are now copying the strategy PlayBook book after “Bitcoin”. Despite some doubts from companies such as Microsoft, which rejected the idea of buying Bitcoin, Sailor believes that the next wave of technological innovation will make it impossible for companies to ignore Bitcoin. As for the strategy, Sailor stated that the company will continue to buy more BTC, expecting its price to continue. “We think it will be difficult to buy Bitcoin significantly, but we will work more significantly to buy Bitcoin,” said Silor.
