momaek
@hie
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690 Followers
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According to CoinMarketCap market data, the UPCX project ecosystem Token $UPC has increased by 9.28% in 24 hours, with a market value exceeding $240 million and a temporary price of $5.02$ UPC rose from $3.85 on December 5, 2024 to $5.02 as of December 7 today. In the past two days, the total increase has reached 30.38%. According to previous news, the UPCX mainnet wallet released the latest user data on December 3, and its user base has exceeded the 50000 mark. Currently, UPC has launched Bitget, Gate, MEXC, LBank, WEEX, and TRIV platforms. UPCX is an open-source payment system with high traffic support in the payment, Layer2, and RWA sectors. It utilizes advanced technologies (DPoS+BFT and sharding) to process thousands of transactions per second. UPCX supports various assets, including NFTs and stablecoins, @ipungkribo 0 reply
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According to FOXBusiness, informed sources have revealed that Ripple is about to receive approval from the New York Department of Financial Services (NYDFS) to issue the stablecoin RLUSD, which is expected to be officially launched on December 4, 2024. At present, the market value of XRP has reached 99 billion US dollars, ranking as the fifth largest cryptocurrency in the world. As an institution that has obtained regulatory approval from NYDFS, Ripple will collaborate with payment service providers such as Bitstamp, Moonpay, and Uphold to launch this stablecoin. This stablecoin aims to meet customers' demand for low volatility digital currencies, while promoting further development of cross-border payments and remittance transactions. Previously, Ripple also established the RLUSD Advisory Committee, which includes former Federal Deposit Insurance Corporation (FDIC) Chairman Sheila Bair, former JPMorgan executive David Puth, and Ripple co-founder and executive chairman Chris Larsen. @seungwooooooo 0 reply
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QCP released a weekend summary stating that the core PCE data on Thursday was slightly higher than expected (actual year-on-year growth of 2.7%, expected to be 2.6%). On the contrary, Friday's non farm payroll data (NFP) unexpectedly fell short of expectations (actual 12000, expected 110000), causing the US dollar index (DXY) to rebound and return to the 104 level. Bitcoin hit a historic high on Tuesday night, trading as high as 73.6k, driven by market expectations for election week. Despite Bitcoin's outstanding performance this week, Ethereum remained relatively flat and failed to break through the 2.7k barrier. Against the backdrop of strong ETF fund inflows, Bitcoin's net inflow this week exceeded $2.1 billion. Despite Bitcoin falling below $69000 on Friday, we still see strong market interest in the market, with total open positions in BTC futures and BTC options remaining at high levels of $40.65 billion and $25.3 billion, respectively. @yigityektin 0 reply
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