Mysterious 640,000,000 XRP Transfer Explodes XRP Army, Saylor’s Strategy Moves $796 Million in Bitcoin, Shiba Inu Regains 100 Trillion Mark: Crypto News Digest ...
2025-07-01 17:03:20
Main Idea
The article covers significant cryptocurrency events, including a massive XRP transfer, MicroStrategy's Bitcoin transactions, and Shiba Inu's market milestone.
Key Points
1. A total of 640 million XRP, worth nearly $1.5 billion, was transferred between unknown wallets, later revealed to involve SBI VC Trade, Ripple's partner in Japan.
2. MicroStrategy transferred $796 million in Bitcoin to new wallets, continuing its accumulation strategy with 597,325 BTC held, nearing the 600,000 BTC milestone.
3. Shiba Inu regained the 100 trillion SHIB profitability threshold, with 100.54 trillion SHIB tokens now 'in the money,' signaling renewed investor optimism.
4. Michael Saylor emphasized that selling Bitcoin would damage trust in MicroStrategy, as the company remains committed to holding BTC.
5. Shiba Inu's price movement suggests potential upward momentum if it breaks key moving averages, with targets around $0.00002.
Description
Catch up on the latest crypto events from the last day of June with U.Today's news digest
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