Hakan Ateşler 
Ripple’s highly anticipated stable coin Ripple USD (RLUSD) is now at the end. In the statement made today, it was informed that a partnership was established with 7 stock exchanges and 2 market maker companies. Former executives of FDIC and JPMorgan were also included in RLUSD’s advisory board.
IOTA, one of the oldest projects in the cryptocurrency world and still in the minds, especially with its big rally in 2017, will make an important announcement today. An interview given by founder Dominik Schiener in recent months shows that the announcement may be related to tokenisation steps.
Great earning opportunities in meme coins can sometimes lead to great regrets. A person who invested in Neiro, which was highlighted as the ‘new Dogecoin’, could not even be happy with the sale he made 30 times higher. The investor lost a fortune of millions of dollars.
While the profits made in hundreds of meme coins this year, especially those in the Solana network, have whetted investors’ appetites, one trader made thousands of times earnings in just 4 days and pocketed $2.4 million.
FTX, which went bankrupt 2 years ago by making a big noise, continues to sell for creditor payments. The new management made a Solana transfer again tonight. FTX, which sells a certain amount of SOL tokens every month, is certain to sell through Binance and / or Coinbase.
The SUI Foundation, which supports the SUI blockchain, rejected allegations of ‘insider’ sales of $400 million. In a statement from the foundation, it was stated that no employee or investor made such a sale.
In China, which gives hope to the markets with the financial support package announced in September in the first place, a special and very long-term bond is planned to be issued to strengthen the economy. It was stated that 6 trillion yuan (approximately $850 billion) of revenue is aimed to be obtained from the bonds to be issued for 3 years.
Token unlocks, one of the most important criteria for cryptocurrency investors, may closely affect prices this week. In particular, Solana, Arbitrum, AXS and EigenLayer stand out in this sense, while some projects will circulate their tokens at once and some gradually.
Cryptocurrency funds had a net inflow of $407 million last week. While CoinShares analysts showed that the Republicans led by Donald Trump were ahead in the election polls behind this positive trend, there were sharp outflows of $6.3 million from short-Bitcoin funds.
Kamala Harris, who lagged behind Donald Trump in polls and betting sites, has now started working on a package that will support American blacks more economically. It is stated that Harris, who will make many promises from easy credit to property payment supports and cryptocurrencies, aims to stay in the race again in this way.