Cripto News Digest would u.Today

In.Today represents the first three news over the course of last day.

Ripple CTO explains the main difference between XRP and Bitcoin

The CTO David Schwartz recently engaged in X Exchange Regarding the KSRP with members of the crypto community. In one of his answersSchwarz pointed out the main difference between the Dynamics of the Supply of KSRP and Bitcoin, stating that, measured in shared units, “there are many more bitcoin than XRP.” CTO then wrote that “the only reason you get a smaller number of BTC because the BTC is a higher unit of value than XRP.” In his opinion, comparing two funds based only on supply can be wrong; The CSRP has a maximum offer of 100 billion, while Bitcoin’s bidden offer was 21 million coins. In addition, according to CoinMarketCAP, the total bidcoin offer is 19.82 million BTC, because KSRP means 99.87 billion KSRP. Now BTC trades from $ 97,946 and XRP in $ 2.73. According to current prices, Bitcoin offers remains more than KSRP in dollar conditions. Schwartz added: “Dollar measurement, Bitcoin offer is greater than the XRP. There is no meaningful sense in which bitcoin is bullied than XRP.”

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Shiba Inu (Shib): Supported reset point

Shiba Inu has arrived Potential level of support It could become a foundation for price reversal after a long drop. The formation of double lower samples near Tag 0.00001485 USD suggests that the meme token can be stabilized, although the total market conditions remain concerned. Recently, the cross of death appeared on Shibova graphics, indicating a bear momentum, which historically led to further prices, but can also precede reversal. In order to confirm the Bikova reversal, Shib should break over the key resistance level, starting from the 50-day average average of about 0.00701700 dollars. However, the lack of powerful interest in buying increases doubts in his ability to recover, and if sales pressure is lasting, Shib can fall to 0.00001300 USD or lower.

Brazil approves the first XRP ETF: Details

Brazil is on the edge of starting The first world ETF based on XRP. According to Comissao de Valores Mobiliarios (CVM), Hashdek, a well-known property management company, received approval for the launch of the world’s first KSRP Spot ETF, in Brazil. However, the exact date of the product entry on the Brazilian Stock Exchange (B3) remains unknown. With over 200 million people, Brazil offers a mass market for CRIPTO investment products; The introduction of the KSRP ETF will also provide institutional and retail investors a great opportunity to invest in property without dealing with technical relations of private wallet and direct ownership. While other countries like the United States continue to understand their Access to the KSRP ETF, Brazil took a big step forward, and the prestige of the first KSRP ETF on the CSRP coming to the ground.