U.Today – U.Today has prepared the three most crucial news of the past day.
5 Signs a Bull Market Is Coming in September
In a recent X thread, experts at Spot On Chain, an AI-powered blockchain analytics platform, offered their insights into why Bitcoin could have a positive September this year. According to them, there are five reasons to believe so, with the first being an compelling trend; nearly 43% of negative Augusts have been followed by positive Septembers, suggesting a potential Bitcoin rebound. Second, major players have recently moderated their selling. The German government, Mt. Gox, and Genesis Trading collectively sold a significant amount of Bitcoin, totaling over 170,000 BTC in July and August. Third, long-term holders remain forceful; they added 262,000 BTC to their supply in August, giving them a combined pool of 14.82 million BTC, or 75% of the total supply. Fourth, there is the potential for a modern wave of Bitcoin ETF investments. Last but not least, we have a combination of factors that could stimulate BTC purchases (potential Fed rate cut, FTX cashing out $16 billion, growing political support for favorable cryptocurrency regulation in the US)
unlocks 1 billion XRP tokens
According to a recent report by Wu Blockchain, citing cryptocurrency wallet tracking platform Whale Alert, on September 1, fintech giant Ripple unlocked one billion XRP tokens from rDqGA…mKxEsF in three transactions. The value of the unlocked tokens is estimated at over $560 million. Both XRPSCAN and miners Bithomp have marked the aforementioned address as the official Ripple address. In 2017, the company made the decision to place a total of 55 billion XRP tokens in several custodial wallets. In order to make the XRP supply more predictable, they began releasing one billion XRP tokens each month. However, the actual number of tokens that enter circulation often turns out to be lower than this set amount. As Ripple CTO David Schwartz explained, XRP tends to remain in an expired escrow until someone (anyone) cancels it. “Many trusts are split into multiple trusts that expire at the same time for administrative convenience,” he added.
Major (SHIB) is now available on App Store: Details
The Shiba Inu Project is expanding its reach to iOS users, working to improve user experience and engagement. As highlighted in the recent PlayWithShib announcement for X, iPhone users can now download the Agent Shiboshi game directly from the App Store, allowing them to dive into the exhilarating gameplay. The game was previously offered to Android users, and after their positive reviews and enthusiasm, the project decided to “bring the action” to iPhone users. In this fantasy game of violence, players take on the role of Agent Shiboshi, a hero tasked with defeating enemies known as the evil Shadowcats. The action game tests players’ aiming and shooting skills. Although the game is available on iOS, it is only compatible with devices running iOS 13.0 or later, including iPhones, iPads, and iPod touch.
