Here’s a recap of the top #Crypto events from the past 24 hours:

📊 Updates

MicroStrategy plans to raise $2 billion through preferred stock in Q1 2025 to advance its "21/21 plan" for large-scale Bitcoin acquisitions.

XRP reclaims the 3rd spot in market capitalization, surpassing USDT at $138.98B, driven by ETF speculation and Ripple’s launch of a USD-backed stablecoin.

BlackRock’s spot Bitcoin ETF experiences record daily outflows of $332.6M, with total US spot Bitcoin ETFs reporting $242.3M in net outflows.

🔍 Highlights

Coinbase considers introducing tokenized COIN stock for Base users, pending regulatory approval, as tokenized assets present a $30 trillion market opportunity.

Ethena announces plans to launch iUSDe, a synthetic dollar targeting traditional finance, in Q1 2025, aiming to disrupt fixed-income markets and drive institutional adoption.

Leaked code hints at the imminent launch of X Money, sparking speculation about crypto integration as X secures licenses across 39 states.

Exciting developments in the crypto world! The rise of XRP and innovations like tokenized stocks and synthetic dollars are game-changers. Can't wait to see how these shifts shape the market.