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Top Crypto News: Ripple Expands, SHIB Moves, Bitcoin Sees Major Transactions

Discover the latest crypto news as Ripple partners for cross-border payments, SHIB sees massive withdrawals, and Bitcoin transactions surge.
Published on 2025-02-11

Ripple Partners with Unicâmbio for Cross-Border Payments

Ripple has announced a strategic partnership with Unicâmbio, a leading currency exchange provider in Portugal, to enhance cross-border payments between Portugal and Brazil. This collaboration leverages Ripple Payments to enable faster, cost-effective transactions for Unicâmbio’s corporate clients. The partnership strengthens Ripple’s presence in Europe and boosts XRP adoption, as the asset plays a crucial role in providing liquidity and settlement in Ripple’s infrastructure.

151 Billion SHIB Withdrawn from Coinbase

In a significant on-chain movement, 151.61 billion SHIB tokens, valued at $2.41 million, were withdrawn from Coinbase into an unknown wallet. The wallet, linked to the address "0xB7e09," had no prior activity with SHIB, sparking speculation about whether this is an internal transfer or a large-scale accumulation by an investor. Despite the price of SHIB remaining stable, this activity highlights ongoing interest in the token.

$642 Million in Bitcoin Transferred on Kraken

Whale Alert reported three major Bitcoin transactions totaling $641.8 million on Kraken. The transactions involved a withdrawal of 2,000 BTC ($193.5 million) to an anonymous wallet and two deposits back to the exchange. Meanwhile, Robert Kiyosaki, author of "Rich Dad Poor Dad," announced his purchase of Bitcoin, emphasizing its value as a safer alternative to traditional savings. Retail investors are also accelerating their BTC purchases, acquiring 10,627 BTC daily, up 72% from previous rates.

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