- Shiba Inu (SHIB) payments have expanded to major brands such as Airbnb and Nike, thanks to an integration with CoinGate, a cryptocurrency payment gateway.
- Matthew Dixon, CEO at Evai, predicts a significant rise in XRP price, referring to it as a “sleeping giant” about to awaken.
- Billionaire Mark Cuban suggests the SEC should look to Japan’s crypto regulations as a model for investor protection.
Explore the latest developments in the crypto world, including Shiba Inu’s integration with CoinGate, a bullish XRP price prediction, and Mark Cuban’s advice to the SEC.
Shiba Inu (SHIB) Payments Now Accepted by Major Brands
Shiba Inu (SHIB) has expanded its reach as a payment option to major brands such as Airbnb and Nike. This development is due to an integration with CoinGate, a cryptocurrency payment gateway. CoinGate announced the addition of Shiba Inu support for Polygon and Binance Smart Chain, enabling SHIB holders to pay for goods and services with their preferred meme coin. This integration not only showcases SHIB’s versatility as a medium of exchange but also highlights the growing acceptance of cryptocurrencies.
XRP Price Prediction: Awakening of a “Sleeping Giant”
Matthew Dixon, CEO at Evai, has shared a bullish XRP price prediction. Dixon refers to XRP as a “sleeping giant” that is about to awaken. The release of the consumer price index (CPI) report on May 15 is expected to be a significant bullish catalyst for the token, especially if the CPI reading is weaker than expected. According to Dixon’s estimations, the XRP price may surpass the $0.6 level later this month.
Mark Cuban’s Advice to the SEC
Billionaire and crypto enthusiast Mark Cuban has some advice for SEC Chairman Gary Gensler. Cuban suggests that the SEC should look to Japan’s crypto regulations as a model for investor protection. He points out that Japan learned from the collapse of Mt. Gox and other failures to effectively protect investors. Cuban believes that the U.S could benefit from implementing similar measures.
Conclusion
The crypto world continues to evolve with Shiba Inu’s integration with CoinGate, bullish predictions for XRP, and Mark Cuban’s advice to the SEC. These developments highlight the dynamic nature of the crypto market and its potential for growth and change. As the acceptance of cryptocurrencies continues to grow, so too does the potential for significant shifts in the market.