Ripple President Enthusiastically Supports XRPL Advancements
Ripple President Enthusiastically Supports XRPL Advancements
U.Today has prepared the top four news stories over the past day.
Ripple President Breaks Silence on XRPL's Groundbreaking Move
In a recent conversation on social media, the president of Ripple, a leading fintech company, shared essential updates regarding a significant collaboration with Futureverse, a company specializing in AI and Metaverse technologies. This partnership focuses on the secure management of Futureverse's assets, assuring compliance and safety. According to the announcement, Futureverse has integrated the XRPL NFT standard, utilizing XRP as the gas token on their Root Network, and is also connected with the XRPL DEX to enhance network liquidity. Ripple President Monica Long expressed her enthusiasm for this development, emphasizing that custody is a vital element for tokenization. She stated, “Everyone, from large banks to crypto enthusiasts, requires a secure infrastructure for enterprise applications. I am thrilled to deepen our partnership with Futureverse.”
Binance Expands Its Trading Options
Recently, Binance, a prominent cryptocurrency exchange, disclosed plans to introduce four significant trading pairs. This initiative aims to broaden the trading opportunities available on Binance Spot and improve the overall trading experience for users. The new trading pairs being launched are AAVE/USDC, STMX/TRY, SUN/TRY, and TRX/USDC. Trading for these pairs will commence shortly. Furthermore, Binance will also enable Trading Bots services for several trading pairs, enhancing users' trading strategies with options like spot grid and cost averaging. This move indicates Binance's commitment to meeting user desires for a diverse selection of trading choices.
Bitcoin Whale Makes a Significant Purchase
In noteworthy cryptocurrency news, an anonymous wallet, with holdings exceeding $500 million in Bitcoin, recently executed a large purchase of 322.37 BTC, worth around $19 million. Over the past week, this particular investor has gathered a total of 2,322.37 BTC, investing approximately $136 million in the process. Their total Bitcoin assets now amount to 8,881 BTC, valued around $523 million. A notable cryptocurrency tracker reported that another whale acquired 1,100 BTC on Binance, subsequently withdrawing this amount for a profit of $62 million upon liquidation.
Frequently Asked Questions
What recent collaboration has Ripple announced?
Ripple announced a partnership with Futureverse to enhance asset management safely and securely.
What are the four new trading pairs listed by Binance?
Binance is introducing AAVE/USDC, STMX/TRY, SUN/TRY, and TRX/USDC trading pairs.
How much Bitcoin did the whale purchase?
The Bitcoin whale purchased 322.37 BTC, amounting to approximately $19 million.
What is Ripple's reputation in the fintech space?
Ripple is recognized as a leading fintech company, specializing in blockchain technology and digital payments.
What impact does trading diversity have on Binance users?
The variety of trading options enhances the user experience and supports advanced trading strategies.
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