Selasa, 17 Desember 2024

XRP and RLUSD fuel activity on Xaman wallet; what's driving Bitcoin all time highs?


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Today's top stories:

👛 XRP and RLUSD fuel activity on Xaman wallet

💰 Kraken and BitGo to distribute FTX payments

🎧 Rise-n-Crypto Podcast: How high will BTC soar?

📰 Keep reading to find out more about all of today's top stories

XRP rally and RLUSD anticipation fuel activity on Xaman Wallet

Renewed interest in XRP and excitement over the upcoming Ripple USD (RLUSD) stablecoin launch have driven a significant increase in user activity for Xaman, a self-custodial wallet built for the XRP Ledger (XRPL) ecosystem.

The number of active weekly users on Xaman has surged 250% since summer, topping 212,000 active users last week, Xaman chief operating officer Robert Kiuru told Cointelegraph.

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Bitcoin price all-time highs driven by spot volumes — Analyst says $115K is next

Bitcoin extended its weekend rally on Dec. 16 by setting a new all-time high above $107,700.

The swell in Bitcoin's price comes amid a steady surge in spot volumes and the re-emergence of the Coinbase Premium in the US session.

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Kraken and BitGo will help distribute the first FTX payments in 2025

More than two years after the cryptocurrency exchange filed for bankruptcy, the first group of FTX claimants could see recovery payments distributed as early as January.

Debtors representing defunct cryptocurrency exchange FTX in the firm's bankruptcy case announced that a reorganization plan paving the way for customers to be repaid would be effective on Jan. 3.

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