U.TODAY presents the three best news in the last day.
Ripple CTO explains the main difference between XRP and Bitcoin
Ripple CTO David Schwartz recently engaged in an X exchange Regarding XRP with members of the cryptographic community. In one of his answersSchwarz highlighted the main difference between the dynamics of the XRP and Bitcoin diet, indicating that, measured in current units, “there is much more bitcoin than XRP”. The CTO then wrote that “the only reason why you get a smaller number of BTC is that the BTC is a larger value unit than XRP.” In his opinion, the comparison of the two assets based solely on the offer could be misleading; XRP has a maximum offer of 100 billion, while Bitcoin’s arrival offer amounts to 21 million pieces. In addition, according to CoinmarketCap, the total offer of Bitcoin is 19.82 million BTC because that of XRP amounts to 99.87 billion XRP. Now BTC is traded at $ 97,946 and XRP at $ 2.73. At current prices, Bitcoin’s offer remains higher than XRP in terms of dollars. Schwartz added: “Measuring dollars, the Bitcoin supply is greater than XRP. There is no significant sense in which Bitcoin is rarer than XRP.”
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Shiba Inu (Shib): the reset point reset
Shiba Inu has reached A potential level of support This could become a basis for a price reversal after a prolonged drop. The formation of a double -bottomed pattern near the brand of 0.00001485 suggests that the token meme can stabilize, although the overall conditions of the market remain a concern. Recently, a cross of death appeared on the shib graph, indicating a downward momentum, which has historically led to new price decreases but can also precede the inversions. For a bullish reversal to be confirmed, Shib must break above the levels of resistance of the keys, starting with the 50-day mobile average around $ 0.00001700. However, the lack of solid purchasing interests arouses doubts about its ability to recover, and if the sales pressure persists, Shib could fall to $ 0.00001300.
Brazil approves the first XRP ETF: details
Brazil is about to launch The first ETF based on XRP in the world. According to the Cisson of Valores Mobiliários (CVM), Hashdex, a well -known asset management company, received approval from the first ETF of the XRP spot in the world, in Brazil. However, the exact date of the product list on the Brazilian Stock Exchange (B3) remains unknown. With more than 200 million people, Brazil offers a massive market for cryptographic investment products; The introduction of an ETF XRP will offer institutional and detail investors an excellent opportunity to invest in assets without having to deal with the technical details of private portfolios and direct property. While other countries like the United States always find their approach to an ETF XRP, Brazil takes a step forward, with the prestige of the first ETF XRP in the world on XRP in the countryside.