U.Today – Top Three Stories

$213 Million Bitcoin (BTC) Dump Stuns Largest U.S. Crypto Exchange

Bitcoin's bullish trend faces pressure as whales sell. A recent $213 million Bitcoin transfer from a whale to Coinbase suggests profit-taking. Such large sales can create market pressure but may not harm the overall outlook.

Shiba Inu (SHIB) Sees 360% Whale Activity Surge: Details

Shiba Inu experienced a 360% increase in whale activity, indicating potential price recovery. While whales influence trading, SHIB remains volatile. Currently priced at $0.00001665, SHIB is down 1.09% in 24 hours.

Ripple Labs Taps Major License in Dubai

Ripple obtained a key operating license in Dubai, allowing expansion of services in the Middle East. This license, approved by the Dubai Financial Services Authority, enhances Ripple's compliance and cross-border payment solutions. Ripple has battled with the U.S. SEC for compliance issues for over three years.

This article was originally published on U.Today