Bitcoin
Crypto News Digest by U.Today
Valeria Blokhina
Don’t miss a thing in the fast-changing world of crypto with U.Today’s round-up of the latest news!
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U.Today prepared summaries of the three main news stories from the previous day. Stay tuned for current events in the crypto industry!
This is where Bitcoin will hit $100,000, according to Samson Mow
In a recent X postSamson Mow, CEO of Jan3 known for his “$1 million per Bitcoin” prediction, opined about when the crypto community can expect the flagship asset to reach the $100,000 price level. According to Mow, for BTC to reach the long-awaited “$0.1 million”, it must first of all surpass its previous record. Then, the CEO continues, a recursive demand shock for Bitcoin will kick in, which will push the crypto king towards $100,000. Remembering that Bitcoin managed to reach a value of more than US$73 thousand in March this year; At the time of writing, BTC is trading at $71,363, up 0.67% in the last 24 hours, according to data from CoinMarketCap.
Ripple lands major partnership in Europe
In a significant development, fintech giant Ripple has signed a partnership with Clear Junction, a UK-based payments company. According to announcement, as part of the partnership, Clear Junction will enable instant and secure GBP and EUR denominated payment coverage for Ripple payment customers. Cassie Craddock, managing director at Ripple, stated that Clear Junction is “a great fit” for the company as it was able to support all of its existing use cases. “We are excited to bring Clear Junction to our network and see this as just the beginning of our relationship,” she concluded.
Shiba Inu’s Shibarium soars 3,436% in new accounts in 24 hours
According to the latest data from Shibariumscan, Shibarium, Shiba Inu’s tier 2 solution, has seen an incredible wave into new accounts overnight; As can be seen from the graph, the number of new accounts increased from 30 on June 3rd to 1,031 on June 4th. This represents a growth of 3,436% in just 24 hours. The achievement comes amid concerns about Shibarium’s declining activity and attention; however, the negative narrative quickly changed after a rapid change in a single day. Along with the increase in new accounts, the Shibarium network also saw an increase in transaction volume, which increased from 4,751 to 8,527. This indicates an 80% growth in transaction activity over the same period.
About the author
Valeria Blokhina
Valeria is the community manager at U.Today. She is a crypto enthusiast and believes that cryptocurrency is the future of finance. Currently, Valeria covers the latest news from the world of cryptography and blockchain.