“Ripple USD will be fully backed by a segregated reserve of cash and cash equivalents and redeemable 1:1 for US dollars,” the announcement reads. Ripple plans to launch a stablecoin called Ripple USD (RLUSD) by the end of 2024, available on XRP Ledger and Ethereum. It promises benefits like deep liquidity for certain trading pairs, instant settlements, and programmable finance.

Important Ripple (XRP) Update

Popular on-chain analyst Willy Woo is predicting that Bitcoin (BTC) will ultimately hit a massive value for one key reason. Woo tells his 1.1 million followers on the social media platform X that Bitcoin could capture 3% of the total wealth assets and soar more than 975% from the current value.

Bitcoin To Explode by at Least 975% To Reach Ultimate Price, Says Analyst Willy Woo – Here’s the Timeline

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

$83 Billion in Bitcoin (BTC) in 24 Hours: What's Happening?

A crypto analyst has predicted a major bullish outlook for popular doggy themed meme coin, Dogecoin (DOGE). The analyst has shared compelling reasons why he believes Dogecoin could surge as high as $1 soon. Dogecoin’s Bullish Path To $1. In an X (formerly Twitter) post on August 9, a...

Crypto Analyst Predicts Dogecoin Price Will Hit $1 If This Happens

52 Million XRP in 13 Hours – What's Going On?

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

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NewsNinja

"They accidentally gave us 2 washers and a dryer when we only ordered 1 of each". Last month, Lowe’s experienced a glitch that lowered the price of its $2,300 Midea jumbo capacity refrigerator to just $169.

‘Lowe’s messed up’: Shopper says they got $2,300 fridge at Lowe’s for just $169

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

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The Current GA

Since 2020, the condition known as long COVID-19 has become a widespread disability affecting the health and quality of life of millions of people across the globe and costing economies billions of dollars in reduced productivity of employees and an overall drop in the work force .

Expert: Long COVID puzzle pieces are falling into place – picture is unsettling

Colorado State

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

One Walmart shopper is issuing a warning against buying meat at the massive retail chain—but the reason why isn’t strictly tied to Walmart. It seems that customers at stores such as Walmart believe it's acceptable to grab perishable items, such as meat or dairy, and then place them on any available shelf if they decide they no longer want them.

Walmart customer shares why they will never shop for meat at the store leaving viewers torn

Georgia State

Daily Coffee Press

The chances for the tropical wave in the Atlantic developing have now risen to 80% over the next seven days. The National Hurricane Center (NHC) has advised that this disturbance could become the next tropical storm or hurricane within the coming days, potentially targeting the U.S. East Coast.

Tropical Wave That Could Impact Georgia Now Has 80% Chance of Development

Judge Torres reduced the SEC’s initial $2 billion demand, limiting Ripple’s penalties. Ripple adapts XRP sales methods to comply with the court’s decision and avoid future violations. The Ripple case against the SEC has seen recent developments that suggest future appeals. After Judge Torres ordered Ripple Labs...

Ripple’s $125 Million Fine a Reduction: Will SEC’s Appeal Change Everything for XRP?

Chicago, IL

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Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Newark, NJ

Morristown Minute

NEWARK, N.J. - A Queens man has admitted to laundering money obtained through elder fraud and computer fraud schemes, U.S. Attorney Philip R. Sellinger announced today. Hector Claveria, 51, of Elmhurst, New York, pleaded guilty to international money laundering before U.S. District Judge Esther Salas in Newark federal court.

Guilty Plea: Man Laundered Funds in Elder and Computer Fraud Schemes

Coral Gables, FL

Akeena

Big news from Coral Gables: a stunning waterfront property has just been sold for a jaw-dropping $17.45 million. If you’re into real estate or just love a good mansion story, you’ll want to hear this.

Billionaire Family Snaps Up Florida Mansion for $17.5 Million

The Lens

This year’s area of low oxygen in the Gulf of Mexico is larger than average, the National Oceanic and Atmospheric Administration (NOAA) announced on Thursday. The “dead zone” is approximately 6,705 square miles , as measured last week. Within NOAA’s 38 years of measuring the dead zone, this year’s assessment marks the 12th-largest area of low to no oxygen, which can kill fish and marine life.

Gulf ‘dead zone’ larger than average, larger than expected for 2024, scientists announce

Wyoming State

WyoFile

With hot temperatures and most of the state under drought conditions as August gets under way, three wildfires are burning across Wyoming. The Pleasant Valley, Leeds Creek and Clearwater fires are burning more than 30,000 acres.

Three wildfires burning 30K acres in Wyoming as hot, dry conditions persist

After a brief crash that caused concern, the crypto market has started its recovery. The crash happened on August 5th and caused Bitcoin and Ethereum to reach their lowest levels since February. Luckily, this was just a temporary fluctuation, and cryptos gained 6.3% in one day on Friday, reviving hope...

Crypto Market Gains 6.3% In One Day – Strong Bullish Indicators Point To Massive Rally

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. After a difficult start on Monday, Ethereum closes the week with a 15% loss. It was a lot worse earlier in the week, but bulls managed to recover some of the losses since. The current...

Crypto Price Analysis August-09: ETH, XRP, ADA, BNB, and SOL

Ripple Labs seemed to be on the winning end again in court over the U.S. SEC Wednesday, capping off an impressive string of positive results in the protracted legal test. The long-awaited conclusion to the settlements phase of the trial passed with a much smaller fine than the SEC had requested.

4 Long-Term Bull Market Signals for Ripple Labs’ XRP

In a spectacular turn of events, the beloved Saitama Inu is back, reigniting the WolfPack community with the launch of the Saitama Kingdom Token. This new meme token aims to bring back fun in crypto with games and rewards, and strengthen the unity of the WolfPack community. A New Era...

A spectacular turn of events and a new meme token in town: Saitama Inu returns as Saitama Kingdom Token

NewsBreak

Bitcoin Mining Hashrate Extends Drawdown, Now Over 8% Down Since All-Time High

On-chain data shows the Bitcoin mining hashrate has continued its decline as the price of the cryptocurrency itself has seen a setback. 7-Day Average Bitcoin Mining...

Bitcoin Mining Hashrate Extends Drawdown, Now Over 8% Down Since All-Time High

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