U.Today – U.Today has prepared summaries of the three most significant news stories from the last day. Stay up to date with current events in the cryptocurrency industry!
According to Samson Mow, here’s when it reaches $100,000
In a recent post on . According to Mow, for BTC to reach the long-awaited “$0.1 million”, it must first exceed its previous all-time high. Then, the CEO continues, there will be a recursive demand shock for Bitcoin that will push the royal cryptocurrency to $100,000. As a reminder, in March this year Bitcoin managed to reach a value of over $73,000; as of this writing, BTC is changing hands at $71,363, up 0.67% over the past 24 hours, according to CoinMarketCap data.
gains an significant partnership in Europe
In a significant development, fintech giant Ripple has partnered with Clear Junction, a British payments company. As part of the partnership, Clear Junction will enable Ripple payment customers to instantly and securely process GBP and EUR withdrawals, according to the announcement. Cassie Craddock, managing director at Ripple, said Clear Junction is a “great fit” for the company because it is able to support all existing employ cases. “We are excited to bring Clear Junction to our network and see this as just the beginning of our partnership,” she concluded.
Shibarium skyrockets by 3436% on recent accounts in 24 hours
According to Shibariumscan’s latest data, Shibarium, Shiba Inu’s Tier 2 solution, has seen incredible growth in recent accounts overnight; as you can see in the chart, the number of recent accounts increased from 30 on June 3 to 1,031 on June 4. This represents an augment of 3,436% in just 24 hours. The achievement comes amid concerns about failing Shibarium activity and attention; however, the negative narrative quickly changed after changing rapidly in one day. As the number of recent accounts increased, the Shibarium network also saw an augment in transaction volume, increasing from 4,751 to 8,527. This represents an 80% augment in transaction activity over the same period.
