The start of the new season brings the latest crypto news; Stay tuned with You Today!
Let’s see what crypto news the first day of summer brought, including the top four news from U.Today in the past.
Shiba Inu now accepted for booking for supercars like Lamborghini and Ferrari
Travala, a crypto-friendly travel website that added support for SHIB last December, has treated Memecoin holders with another option. In addition to using SHIB to book over three million travel products worldwide on the site, members of the Shiba Inu community can now buy supercars like Ferrari, Lamborghini, Rolls-Royce, McLaren, Aston Martin and Bugatti as their beloved tokens. Will be able to rent together. Last week, another travel industry company, the ticket and hotel booking platform excel tripimplemented SHIB as a payment method, allowing SHIB holders to organize their travel and pay for it in full using the meme cryptocurrency.
Dogecoin founder reveals who wrote most of the DOGE code
The Twitter crypto community recently announced Tesla CEO Elon Musk and dogecoin Co-founder Jackson Palmer crossing swords. During the argument, Musk stated that the Australian software developer never wrote a single line of Dogecoin code. In response, Palmer shared a link to his contribution’s Github page, which he later removed. After the dust of the conflict settled, Dogecoin creator Billy Marcus “revealed” who wrote most of the Dogecoin code in a witty tweet: bitcoin developers. He then explained that they, the bitcoin developers, didn’t create Dogecoin, but MemCrypto is mostly bitcoin code.
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Bitcoin hits new all-time high on this metric
Shows on-chain metrics, according to the latest data from Glassnode a new all-time high 4.45 million BTC remained untouched for five years. Long-term holder supply is one of the best indicators of sentiment among long-term investors and individuals who view bitcoin as a long-term investment rather than a speculative asset. Additionally, the supply of bitcoin may reflect pressure on a previous active market from 5+ years ago. The decreasing number of dormant coins on the network is usually related to bearish market trends as long-term holders are also dumping their coins to avoid losses or break their positions.
Ripple vs. SEC: Regulatory files to avoid responding to requests for admission regarding Hinman
According to a recent tweet by James K. Filan, the Securities and Exchange Commission has filed a motion to oppose of ripple The director attempts to challenge the SEC’s earlier replies to a request for admission (RFA) regarding Hinman’s speech. Earlier, Ripple lawyers filed a fourth set of RFAs to respond to the SEC, claiming that the regulator “failed to comply with the RFA’s demands.” The SEC’s legal team responded that it has already provided Ripple defendants with comprehensive answers. Seven days ago, Ripple filed a motion to force the SEC to confirm or deny whether the person featured in a video uploaded by Ripple to YouTube was, in fact, Director Hinman. The SEC’s response did not satisfy Ripple, so they have now filed another motion, demanding that the SEC clarify this.
