Crypto News Digest by u.Today
Here are the three best encryption news stories during the past day I have given you U.Today.
Silor suddenly changes on XRP
In a modern conversation With Sarah Eisen from CNBC, the founder of the strategy gave Michael Sailor Amazing warm welcome To the idea of a multi -tool cryptocurrency that includes XRP. Silor described this “bullish” development for Bitcoin and for the broader encryption space. Previously, the businessman rejected the idea of investing in Altcoins; However, at the present time, it is believed that such a “progressive” approach is the best way to move forward. Despite a diverse reserve receiving support from Silor, the initiative caused a great violent reaction from some members of the encryption community, including even encryption personalities such as the variable Clo Jake Chervinsky. He claimed that the introduction of multi -birth encryption is “distraction from real work” that must be done on Stablecoins legislation and market structure legislation.
Bollinger Bands Signal Conflish Turn for Bitcoin (BTC)
Bitcoin’s last behavior has emphasized the unexpected nature of the encryption market; yesterdayAfter adding 10 % to its value and its height to 93,604 dollars the day before, 5 % decreased to 89100 dollars. However, there were signs indicating such a result, with one of the Bollinger Bands index. Bitcoin has struggled to maintain its location over the middle range, which led to a decrease in yesterday and a billion dollar jobs. Bitcoin is traded below the medium term, and if there are no major changes soon, the lower Bollinger Band, which is located at about 83,400 dollars, was likely to be its next main goal. However, at the time of the press, BTC changes hands at 88,850 dollars, an increase of 7.15 % over the past 24 hours, for each coinmarketcap.
Burn 20,000,000 graying in minutes – what happens?
According to the data It was presented by Shippourne yesterday, March 4, Huge graying deal An event, carrying 20,000,000 SHIB to Blockchain that cannot be spent. The deal contributed to a total of 20,794,281 Shaibs that society burned on that day, which led to an increase of 34.24 % in the daily burning rate. Over the past seven days, 122,135,883 Shaib has been destroyed; This brings the total shring cut symbols to 410,744,744,227,515 Shib. It seems that the burning efforts helped a little bit in the healing of assets; At the time of the press, SHIB 3.77 % exchange, with a value of $ 0.00001304. Another factor that contributed to increasing the prices of Mimi currency, which is the last height of Bitcoin. It is known that Altcoins tends to follow the main encryption when it comes to price movements.