Breaking News in the Crypto World

USD (RLUSD) Launch Date Finally Revealed

After much anticipation, Ripple has announced the launch date of its stablecoin, Ripple USD (RLUSD). The stablecoin is set to launch today, December 17th, and will soon be available on major cryptocurrency exchanges such as Uphold, Bitso, and MoonPay. This news comes after the New York State Department of Financial Services approved the stablecoin last week. Ripple President Monica Long stated that the release of RLUSD marks a new chapter for both the XRP Ledger and Ripple. It’s important to note that Ripple’s official X account has confirmed that RLUSD is now live on global exchanges.

Satoshi About to Surpass Bill Gates

In a surprising turn of events, Satoshi Nakamoto, the mysterious creator of Bitcoin, has emerged as the 16th richest individual globally, with an estimated net worth of $106 billion. This surpasses Michael Bloomberg and puts Satoshi on track to potentially surpass Bill Gates in wealth. However, the true identity of Satoshi remains unclear, as it is unknown whether Satoshi is an individual or a group of people. Recent data suggests that Satoshi’s holdings amount to approximately 1.124 million BTC, though this figure may not include all relevant wallets.

20,035,968 SHIB Torched in 24 Hours — What’s Going On?

Data from the Shibburn tracking platform reveals that the SHIB community has burned a significant volume of SHIB tokens in the past 24 hours. The burn rate for SHIB has increased by nearly 2,000%, with a total of 20,035,968 SHIB tokens burned. The largest transaction saw 11,196,225 SHIB tokens burned, followed by another transaction burning 8,804,670 SHIB tokens. Despite this significant burn rate, the price of Shiba Inu has remained relatively stable. Currently, the SHIB token is trading at $0.00002723, showing a 1.51% increase over the past 24 hours.

This article provides a glimpse into the latest developments in the crypto world, highlighting the launch of Ripple’s stablecoin RLUSD, Satoshi Nakamoto’s rise in wealth, and the significant burn of SHIB tokens. These events showcase the dynamic and ever-changing nature of the cryptocurrency market, with implications for investors and enthusiasts alike. Stay tuned for more updates on these and other important stories shaping the financial landscape.

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