U.Today – U.Today has prepared a summary of the three most important news stories of the weekend.
prepares for the biggest price breakout in history
In light of recent favorable legal developments, all eyes are once again on XRP, the Ripple-affiliated token. Over the past seven days, the price of XRP has seen a growth of 17.26%, while its daily trading volume stands at over $1 billion. What makes investors even more excited about the token is a bullish triangle pattern that is starting to form on its monthly chart. This technical pattern, which is characterized by trendlines converging within an ongoing uptrend, often signals significant price changes. The pattern shows that buyers are becoming more numerous and there is a considerable chance that XRP will break above the upper trendline, possibly resulting in a major price increase. However, investors should remain cautious as the cryptocurrency market remains volatile.
Samson Mow issued a security warning about Crucial (BTC)
In a recent X post, Jan3 CEO and Bitcoin supporter Samson Mow addressed his followers regarding the issue of safe BTC storage. He urged everyone invested in the largest cryptocurrency not to keep key Bitcoin material at home, adding that it should be difficult even for BTC holders themselves to move their funds stored in a cold wallet. “Read that again. If you can access your cold storage easily, it’s not cold enough,” Mow wrote as he concluded his post. The CEO illustrated his message with a video, in which three burglars push a large safe out of a house. It’s a safe they couldn’t open, so they decided to take it with them.
Coinbase (NASDAQ:) announces two new listings
According to a recent report from the Wu Blockchain X account, Coinbase exchange has added two cryptocurrencies, ZetaChain (ZETACHAIN) and Across Protocol (ACX), to its listing roadmap. This move was made as part of the exchange’s ongoing effort to diversify its digital asset offering. These listings demonstrate Coinbase’s commitment to providing its users with access to a wide range of cutting-edge blockchain initiatives. As a reminder, ZetaChain is a Layer 1 (L1) blockchain and smart contract platform designed with a focus on interoperability. Across Protocol is a cross-chain bridge protocol built on top of Optimistic. Optimistic rollups are a scaling solution that enables faster and cheaper transactions while maintaining the security of the Ethereum network.
This article was originally published on U.Today
