Crypto enthusiasts were left buzzing with excitement over the past few days, thanks to some pivotal announcements from prominent figures in the industry. MicroStrategy founder Michael Saylor recently shared a significant net benefit for the company’s Bitcoin shareholders, calling it a “Bitcoin gift.” The move saw approximately 3,177 BTC sold last week, which translates to around $299 million (based on a BTC price of $94,000).
Meanwhile, another major development took place with Ripple USD (RLUSD) stablecoin getting listed on a prominent exchange. Bullish users can now trade seven markets featuring the hotly anticipated stablecoin, including RLUSD/USDC and XRP/RLUSD. The move follows regulatory approval from the New York State Department of Financial Services (NYDFS).
To wrap up the news, Shiba Inu’s layer-2 solution, Shibarium, achieved an epic transaction milestone on Christmas Day, surpassing 700 million transactions. The ecosystem officially launched in August 2023 and has demonstrated strong community engagement since then.
Investors should conduct their own research before making any investment decisions, as crypto markets can be volatile.
Source: https://u.today/michael-saylor-announces-299-million-bitcoin-gift-to-mstr-holders-rlusd-stablecoin-gets-listed-on