Ripple: Quarterly Report Reveals XRP Release Timeline
In its most recent quarterly report on XRP holdings, Ripple presented a timeline outlining the potential conclusion of the public release of XRP into the market. The report highlighted Ripple’s commitment to transparency, voluntarily offering updates on its XRP holdings. This disclosure encompasses information about the XRP Ledger, pertinent announcements, and market trends from the […]
Binance Lists XRP and ADA Trading Pairs with USDC
Binance, the world’s leading cryptocurrency exchange, has made a significant strategic move by introducing XRP and Cardano (ADA) trading pairs against USDC. This move is set to begin on Dec. 28. This incredible announcement marks the ‘return’ of the stablecoin, USDC, to Binance. Notably, the listing signals a noteworthy development for enthusiasts of XRP and […]
XRP Surges as Whales Move 537.54 Million Tokens in Recent Transactions
In a recent uptick of activity within the crypto space, XRP, a prominent token, has once more captured the spotlight, garnering considerable attention throughout the broader crypto market. The driving force behind this revived interest stems from substantial whale transfers that have recently transpired. This aligns with a period marked by noteworthy price fluctuations in […]
Ripple Could Sell Over 96 Million XRP as 2023 Ends
Ripple, the well-known cryptocurrency payment firm, has been utilising a significant portion of the tokens released from escrow. As 2023 approaches its end, Ripple could sell more than 96 million XRP coins currently stored in its primary wallet address. Ripple Spends 240M XRP in December Established in December 2017, Ripple’s escrow system releases 1 billion […]
XRP Valuation Model Predicts $15 Price Surge in Two Years
The Athey and Mitchnick XRP valuation model’s calculator forecasts a $15 value for XRP in the next two years, considering a $40 billion volume, among other criteria. Despite its potential to revolutionize global payments, XRP is trading at $0.6246, prompting some industry commentators to assert that the token is significantly undervalued. Stanford Duo’s XRP Valuation […]
XRP Industry Leaders To File Spot ETF in Hong Kong
XRP community members now anticipate an XRP spot exchange-traded fund (ETF) in Asian soil amidst a pivotal development in the region. In particular, Dizer Capital founder Yassin Mobarak has invited crypto industry leaders to move for an XRP ETF in Hong Kong following a recent regulatory greenlight. ETF in Hong Kong In a recent circular, […]
XRP Holds 2% of Banks’ €9.4 Billion Crypto Exposure
Financial institutions across Europe, North America, and various other regions have openly declared their investments in XRP. Responding to the rise of virtual assets, the Basel Committee on Banking Supervision (BCBS) has revealed its involvement in diverse supervisory activities over the years. The BCBS committee meticulously collected information on banks’ cryptocurrency holdings, obtaining data on […]
XRP Hits Bottom Against Bitcoin: Analyst Predicts 88% Surge
Following a series of declines, XRP has reached a bottom against Bitcoin (BTC). However, CryptoInsightUK, a market analyst, anticipates an imminent 88% surge. CryptoInsightUK noted, “We are sitting at the bottom of the XRP/BTC range,” while sharing a chart illustrating XRP’s price movements against Bitcoin on a weekly timeframe. Significantly, the chart confirms that Bitcoin […]
Cardano Founder Stands Firm, Says XRP Lacks Technical Value
Charles Hoskinson, the founder of Cardano, maintains his assertion that XRP lacks any significant technical value. Hoskinson reiterated his previous criticism of the coin by expressing his views on X. This statement followed a reminder from an XRP enthusiast about derogatory comments made by Hoskinson a year ago. The ongoing dispute between Hoskinson and the […]
Leading Wallet Relists XRP Following Court Decision
Blockchain.com, with a user base exceeding 37 million verified individuals, has relisted XRP on its platform following a federal court ruling. The ruling determined that cryptocurrency is not a security, as previously alleged by the SEC. The announcement comes months after a New York federal court ruled that XRP does not qualify as a security. […]