The cryptocurrency market is quite volatile and is completing a week dominated by red. In this article, let’s list the most important developments of the week from the Cardano Vasil hard fork update to the statements of Ripple CEO Brad Garlinghouse.
News of the week from SHIB, Cardano and XRP
- Mexican senator Indira Kempis approved the installation of a Bitcoin ATM in the Senate building to legalize Bitcoin.
- Whale tracker WhaleStats has shown the Shiba Inu separated from the wallets of the largest Ethereum whales due to an error in their calculations. Instead of whale data collected from 500 addresses, only 100 addresses were shown.
- SunSwap and Beefy Finance increased their annual rate of return for TrueUSD (TUSD) products to 12%.
- Ethereum whales bought 171 billion Shiba Inu worth $4 million in the past two days, and the volume and frequency of transactions increased as the SHIB price fell.
- Welly, a Shiba Inu-themed burger chain, has announced that it will start burning SHIB.
- Football manager simulator Driblie is released. It is backed by engineers and marketers with years of expertise in UEFA, Hattrick, TopTal and more.
- According to the recent IOHK report, after the Vasil hard fork to be released in June, users will not be able to immediately access all the features of decentralized applications built on the Cardano network. Cardano-based dApps can take months to update.
- Browser plugin Zing! released its platform where Ethereum-based NFTs can be minted without strings of code to simplify the tokenization of users’ tweets. As
- Kriptokoin.com, Ripple (XRP) CEO Brad Garlinghouse said that the ongoing Ripple-SEC lawsuit has had no impact on the XRP price.
- Santiment revealed that addresses holding more than 1,629 BTC are in millionaire status as the Bitcoin price continues to decline.
- Argent has launched an Ethereum-based mobile crypto wallet app without the need to learn and maintain a seed phrase. The company also raised $40 million in a Series B funding round co-led by early-stage venture capital firms Fabric Ventures and Metaplanet.
- Global real estate giant Jamestown, partner of Digital Currency Group, announced that it will now accept Shiba, Dogecoin, Bitcoin, Litecoin, Ethereum and USD-based stablecoins as rental payments via BitPay.
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