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Crypto News Digest by U.Today
Valeria Blokhina
Don’t miss a thing in the rapidly evolving world of cryptocurrencies with the latest news from U.Today!
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U.Today has prepared summaries of the three main news stories of the last day. Stay tuned for current cryptocurrency industry events!
Here’s when Bitcoin will reach $100,000, according to Samson Mow
In a recent X postSamson Mow, CEO of Jan3 known for his “$1 million for Bitcoin” prediction, opinionated on when the crypto community could 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 all-time high. Then, the CEO continues, there will be a recursive demand shock for Bitcoin, which will push the king of the cryptocurrency to $100,000. Recall that Bitcoin managed to reach the value of over 73,000 dollars in March this year; at the time of writing, BTC is changing hands at $71,363, up 0.67% in the last 24 hours, according to CoinMarketCap data.
Ripple gets a major partnership in Europe
In a significant development, fintech giant Ripple has signed on a partnership with Clear Junction, a UK-based payments company. According to announcementAs part of the partnership, Clear Junction will enable immediate and secure coverage of GBP and EUR-denominated payments for Ripple customers. Cassie Craddock, CEO of Ripple, said Clear Junction is a “perfect fit” for the company, as it can support all of its existing use cases. “We are excited to bring Clear Junction to our network and view this as simply the beginning of our relationship,” she concluded.
Shiba Inu Shibarium Skyrockets 3,436% in New Accounts in 24 Hours
According to the latest data from Shibariumscan, Shibarium, the Shiba Inu layer-2 solution, has seen an incredible surge into new accounts overnight; as can be seen in the graph, the number of new accounts increased from 30 on June 3 to 1,031 on June 4. This represents growth of 3,436% in just 24 hours. The result comes amid concerns over Shibarium’s declining activity and attention; however, the negative narrative changed rapidly 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 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 of U.Today. She is a cryptocurrency enthusiast and believes that cryptocurrency is the future of finance. Valeria currently covers the latest news in the world of cryptocurrencies and blockchain.