Cripto News Digest would u.Today

U.Today represents the best three cryptic news in the past weekend.

SEC sent a “huge message” about XRP

On Thursday, 13. February, SEC officially recognized GREETCALE application to convert your XRP confidence in ETF. Although this recognition does not guarantee approval, it denotes a large milestone for a means. Nate Geraci, leading ETF analyst, described the SEC move as a “huge message” in his K post. Currently, the regulator deals with the RIPPLE, the company is connected to the KSRP token and recently filed a complaint in the current case. As he reported in.Today, Greiscale launched the Trust KSRP in September, and then applied to turn first to ETF in January. According to Geraca, SEC could refuse the KSRP, which is submitted, but decided to admit it instead.

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$ 1.04 billion Bitcoin Stun Cripto ExchangeS, what’s going on?

According to the data provided by Intotheblock last week, Bitcoin experienced a significant shiftwith $ 1.04 billion net exchanging inflows. As seen on the platform K postThe total bitcoin fees were reduced by 10.74% to 3.2 million dollars, while 1.04 billion dollars were calculated for exchanges of flows, with an $ 1.3 billion. This inflow indicates a potential increase in sales pressure, because traders exceed property for sale for the purpose in progress on market market due to macroeconomic insecurities. The inclusion from previous outflows caused speculation about possible price shift for Bitcoin, which saw a little movement in the last week. Meanwhile, Bitcoin sees an increase in institutional interest; According to CNBC, the video-mailed video gameplay is a consideration of investment in Bitcoin and other cryptocurrency.

58,303,050 Shib Coins was burned during the week

As stated in Shibburn’s recently K post From Saturday, 15. February in the past week, the Shib community has successfully burned Over 58 million Shib Coins. This development was held despite a reduction of 20.77% in the combustion rate compared to the previous week. When it comes to the day care rate of combustion 15. February, during that day, she saw a large decline of 95.02%, with only 708,198. Shib Coins burned out that day. However, there was a noticeable spike in the combustion rate, with over 14 million shibs removed from circulation, including one transfer of 13 million coins. From now on, from 2021. year, the total amount of burned light bulbs reached Huge 410,744,432,366,375.