sundarganesh.base.eth (sundarganeshwarp)

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When upgrade will happen?

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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.

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1. Increased Institutional Adoption: Major financial institutions and corporations are embracing cryptocurrencies for payment processing, cross-border transactions, and asset diversification. This trend is expected to grow, with blockchain technology enabling faster, more secure, and cost-effective financial solutions. 2. Integration with Traditional Finance (TradFi): Governments and central banks are exploring Central Bank Digital Currencies (CBDCs), while tokenized assets and decentralized finance (DeFi) platforms are bridging the gap between crypto and traditional financial systems. This integration will likely create new investment opportunities and drive mass adoption.

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