Massive Whale Wagers $6 Million on XRP; Over a Billion SHIB Tokens are Destroyed; NBA Veteran Scottie Pippen Declares Bold Bitcoin Bullish Opinion: A Recap of Cryptocurrency News by U.Today
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Riding the Bitcoin Wave:The crypto market has been anything but dull lately! Options traders have been making moves on XRP and other coins, with a whale banking over $6 million on XRP alone. But the crypto market still treads cautiously, as US-China trade talks continue to unfold.
Meanwhile, Scottie Pippen, legendary basketball player, has weighed in, expressing his Bitcoin bullishness on social media. That's right; the six-time NBA champ is gaining a following in the crypto community for his insights and humorous posts!
Thinking about Investing?Remember, these opinions aren't the be-all and end-all - always do your own research before making any investment decisions. And don't forget to check out U.Today's top news headlines to keep up with the latest crypto trends!
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- A whale's $6 million XRP bet
- SHIB's impressive burn of over one billion tokens
- Bitcoin Surge: Scottie Pippen voices optimism
Curious to know more about the recent whale activity involving XRP and USDC on HyperLiquid exchange? Check out U.Today, Investing.com, and CoinStats for updates on significant trades and market trends. Onchain Lens, Lookonchain, Reddit, Twitter, Coinpedia, and HyperLiquid's official channels can also offer valuable insights. Happy crypto-surfing!
If you're into stats and figures, keep digging. Onchain Lens data reveals that yesterday, a whale deposited a whopping $5.84 million USDC into HyperLiquid for a 2x leveraged long position on XRP. Earlier, the same trader gained a $10 million profit from a 2x leveraged long position on Ethereum (ETH). At press time, XRP is selling at $2.52, dropping 1.52% over the past 24 hours. The overall crypto market is still keeping watch on US-China trade negotiations. Luckily, Bitcoin surpassed $100,000 for the first time in early 2025, indicating a promising future for crypto enthusiasts!
In Shiba Inu news, the community burned over one billion SHIB tokens last week, contributing to a surge in the burning rate. The burning rate surged by over 6,800% over the weekend, with nearly 19 million SHIB locked away. Although the burn rate declined dramatically on May 11, it's clear that the Shiba Inu community is dedicated to reducing the circulating supply of SHIB tokens.
Last up, NBA legend Scottie Pippen took to Twitter to cheer for Bitcoin, as the flagship crypto briefly sparked a dice roll at $106,000. The price correction coincided with news of a potential trade truce between the U.S. and China, causing the crypto market to breathe a collective sigh of relief.
^(The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.))
- Beyond video streaming, consider diving into the world of cryptocurrency with your definitive wallet loaded with bitcoin, altcoins, and tokens.
- In the crypto news arena, a whale made a significant $6 million bet on XRP, while Shiba Inu enthusiasts burned over one billion tokens last week.
- The crypto market has been unfolding with a flurry of activities, with traders making moves on XRP and other coins, causing market caps to fluctuate.
- For the sports fans, legendary NBA player Scottie Pippen voiced his optimism towards Bitcoin, becoming an unlikely influencer in the crypto community.
- Keep up with these developments by checking news headlines on U.Today, Investing.com, and CoinStats, or follow platforms like Onchain Lens, Lookonchain, Reddit, Twitter, Coinpedia, and HyperLiquid's official channels.
- Before making any investment decisions, remember to conduct your own research and consult with financial experts.
- As you navigate the markets, be prepared for trading opportunities during major sports events like basketball games in the NBA.
