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CURRENT UPDATE ON CRYPTOCURRENCY
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CURRENT UPDATE ON CRYPTOCURRENCY
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🚨🚨 #Ripple 🚨$XRP 🚨🚨 The XRP network has seen a remarkable surge in payment volume, with over 824 million XRP transacted in just 24 hours. This surge is a clear indicator of the growing momentum in the cryptocurrency market, as bullish activity has returned, reflecting an overall increase in investor confidence. According to the latest data from XRPSCAN, the payment volume on the XRP Ledger reached a substantial 824,473,127 XRP on May 7, up from just over 300 million XRP in the previous day. This significant spike in network activity coincides with a notable recovery in the price of the token. The cryptocurrency has managed to break through the $2.21 resistance level and is currently trading at $2.30, marking a 5.77% increase in its price in the past 24 hours, based on data from CoinMarketCap.
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🎙️ PODCAST: Can crypto solve the student debt crisis? Savannah Fortis talks with Yat Siu about how Pencil Finance and Open Campus are using Web3 to rethink student loans, onchain reputation, and why teachers are the most underpaid content creators on th
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🚨🚨 #MetaPlanet 🚨$BTC 🚨🚨 🇯🇵 Metaplanet Doubles Down on Bitcoin – Here’s What’s Happening Metaplanet, often called the “MicroStrategy of Asia,” is making big waves in the crypto space again. Here’s the latest scoop: 💸 Raised $25.9 Million via Bonds The company just issued ¥4 billion (about $25.9M) in zero-interest, unsecured bonds to buy more Bitcoin. No interest, no collateral — just pure Bitcoin conviction. ₿ Stacking Sats Hard As of March 2025, Metaplanet holds nearly 2,888 BTC, putting it at the top of the list for Bitcoin-holding firms in Asia. 🎯 Ambitious Targets Their goal? Hit 10,000 BTC by Q4 2025, and reach 21,000 BTC by the end of 2026. That would put them in serious competition with MicroStrategy. 🏦 Bitcoin as a Reserve Asset They're using Bitcoin to hedge against Japan’s economic struggles — including the yen’s depreciation and the country’s massive debt. It’s a bold move, but one that’s resonating with investors. 📈 Stock is Soaring Since pivoting to a Bitcoin strategy in April 2024, Metaplanet’s stock has skyrocketed over 5,000%. Investors are clearly loving the Bitcoin-first approach.
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🚨🚨 $XRP 🚨🚨 ⚡ NEW: Florida pharma firm Wellgistics to use $XRP for real-time payments in $50M financing deal, aiming to cut banking delays, FX costs, and boost supply chain efficiency.
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🚨🚨 $BTC 🚨🚨 🔥 BULLISH: CryptoQuant CEO admits he was wrong about the bull cycle ending, pointing to strong ETF inflows and institutional demand.
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