Crypto News Digest by U.Today By U.Today
U.Today – Check out the top three news stories from the past day brought to you by U.Today.
On Christmas Eve, the price turns bull green
Yesterday, on Christmas Eve, the crypto market saw a positive movement due to the rise in the prices of many digital assets, including XRP. : Traditionally, the holiday season brings high sentiment to the market, which can affect trading behavior, however, as traders and fund managers wrap up their year-end accounts, the impact of traditional financial practices may also affect the cryptocurrency landscape, especially with the involvement of large institutions such as BlackRock (NYSE:) and Fidelity.At the time of writing, XRP is trading at $2.29, which is the last 24 hours down nearly 1% during the period, per CoinMarketCap.
SHIB is on fire as price takes an unexpected turn
According to data from the Shibburn blockchain tracker, the burn rate has decreased significantly. Although the burning activity has decreased by more than 64%, the SHIB community has managed to burn 3,166,691 SHIB coins in the last 24 hours. enthusiasts burned together 10,000,000 SHIB, sending them to unused wallets. Meanwhile, the current burn rate does not seem to affect the SHIB price, which has risen from $0.00002336. Currently, SHIB is changing by $0.000023. more than CoinMarketCap.
$2,200,000 each — predicts Max Keyser
Prominent Bitcoin maximalist and former financial journalist Max Keizer has made a bullish prediction for the price of Bitcoin, suggesting that it could reach $2,200,000 per coin in the long term. Keizer’s prediction comes as a comment on X’s post discussing Bitcoin from various countries reserves, including El Salvador, where he lives and serves as president of Nayeb Bukele. advisor: The original X post suggested that if many major countries start hoarding bitcoin, its price could increase significantly over the next 12 to 24 months. Keiser’s new prediction is a tenfold increase from his previous estimate of $220,000 per bitcoin.
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