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Crypto News Digest by U.Today
Valeria Blokhina
Find out what happened in the world of cryptocurrencies over the weekend with U.Today’s news recap
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U.Today has prepared a summary of the three main news stories of the weekend.
Shiba Inu (SHIB) Payments expands to Airbnb and Nike with this integration
In a recent send on its handle X, CoinGate, a cryptocurrency payment gateway, he announced which added Shiba Inu support for Polygon and Binance Smart Chain. Thanks to this move, SHIB holders had the opportunity to pay for goods and services from big brands, such as Airbnb, Nike, Zalando, Steam and PS5, with their favorite dog-themed meme coin. Additionally, the integration of Shiba Inu support demonstrates SHIB’s adaptability as a medium of exchange beyond speculative trading, while also highlighting the growing acceptance of cryptocurrencies. At the time of writing, SHIB is trading at $0.00002394, up 6.13% over the past 24 hours, according to CoinMarketCap.
XRP Price: “Sleeping Giant” Is About to Awake, Expert Predicts
Matthew Dixon, CEO of Evai, did just that recently shared an optimistic XRP price prediction on its X account. According to Dixon’s prediction, the price of the token could rise following the awakening of the “sleeping giant”, by which the CEO means the publication of the consumer price index (CPI) report on May 15. The main bullish catalyst for the token is expected to deliver a weaker-than-expected CPI reading. According to Dixon’s estimates, the XRP price could break above the $0.6 level at the end of this month. At the time of publication, the Ripple-affiliated token is trading at $0.507, up less than 1% over the past 24 hours, according to data from CoinMarketCap.
Cuban billionaire says SEC should take note of Japan’s crypto program
Mark Cuban, famous billionaire and cryptocurrency enthusiast, recently switched to the X platform to direct SEC Chairman Gary Gensler and show a country that could serve as a cryptocurrency model for the United States in terms of investor protection. The country Gensler could learn from, according to Cuban, is Japan; the billionaire wrote that Japan managed to draw a lesson from the collapse of Mt. Gox and other failures (such as the Coincheck hack) to effectively protect investors. “Japanese versions of trades that failed here, survived in Japan!” – Cuban stated, concluding his X post.
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.