Cryptocurrency News Roundup: RLUSD Listings, Memecoin Predictions, FTX EU Ownership Dispute, and Mastercard Enters the Region
January 9, 2025
The cryptocurrency world continues to buzz with activity, as a mix of exciting developments and lingering uncertainty shape the future of digital assets. This news roundup brings together significant happenings in the space.
Ripple’s RLUSD Prepares for Exchange Listings
Ripple’s RLUSD stablecoin is poised for expansion into new markets, with Ripple President Monica Long confirming “imminent” listings on major cryptocurrency exchange platforms. This move could potentially boost the adoption and liquidity of RLUSD, introducing it to a wider range of investors.
Top 5 Memecoins Projected for a 7,000% Rally
Several popular meme cryptocurrencies are forecast to surge significantly in the coming days, with some predictions pointing to gains as high as 7,000% within the next week. Investors should carefully consider the potential risks associated with highly volatile memecoins.
FTX EU Ownership Dispute Escalates
The ownership of FTX EU is the subject of a dispute between Backpack Exchange and the FTX bankruptcy estate. Backpack claims to have acquired FTX EU, aiming to bolster its derivatives offerings, however the FTX estate contests this claim. This unresolved ownership question could lead to significant legal ramifications.
Mastercard Expands into Crypto Payments
Mastercard is expanding its foray into crypto payments with a Crypto Credential solution in the UAE and Kazakhstan. This strategic move marks the payment processor’s entry into the EEMEA region and may signify a growing trend of integration between traditional finance and cryptocurrency.
Meme Index Presale Reaches $2 Million
Despite a recent drop in memecoin trading volume, the Meme Index presale has reached an impressive $2 million in just two weeks. The continued interest in this sector suggests a potential for substantial growth within the memecoin ecosystem.
