Category: Ripple
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Ripple Locks 800 Million XRP In Escrow Amid Surge In Whale Activity
The cryptocurrency community was abuzz with speculation on Thursday as Ripple, the 6th largest cryptocurrency by market capitalization, made headlines. Two significant whale transactions and the locking of 800 million XRP in escrow by Ripple captured the attention of crypto enthusiasts worldwide. According to data from the blockchain tracker Whale Alert, a staggering 867.6 million XRP was on the move, sparking intense interest. Of the total XRP transferred, 800 million tokens found their way into escrow at Ripple, a move aimed at securing and stabilizing the token’s supply. Meanwhile, 67.6 million XRP made their way to various cryptocurrency exchanges (CEXs),
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Price analysis 12/18: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, AVAX, DOGE
Bitcoin may remain under pressure for a few days, but a collapse is unlikely as traders are expected to buy the dips in anticipation of a spot Bitcoin ETF.
Ripple, Coinbase, a16z invest $78M in pro-crypto PAC ahead of US elections
Prominent cryptocurrency companies and investors intend to support pro-cryptocurrency candidates during the 2024 U.S. election cycle.
Palau advances CBDC with Ripple in Phase 2 of PSC program launch
Phase 2 of the PSC program will prioritize the development of a digital ecosystem and increased user engagement, emphasizing adherence to regulatory compliance.
Ripple’s Legal Chief predicts crypto landscape shifts in 2024
Stuart Alderoty predicts the possible resolution of Ripple’s SEC lawsuit in 2024 and lawmakers on Capitol Hill agreeing on the need for crypto regulations.
Price analysis 12/15: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, AVAX, DOT, MATIC
Bitcoin and select altcoins are witnessing profit-booking on rallies, increasing the likelihood of a short-term pullback.
Ripple issues white paper on CBDCs, reiterates belief in their potential
The white paper states that CBDCs help expand financial inclusion, streamlining cross-border payments and reinforcing monetary policy control.
Price analysis 12/13: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, AVAX, DOT, MATIC
Bitcoin and altcoins are trying to find support at lower levels, indicating that the sentiment remains positive, and that traders are buying the dips.
Japan’s SBI looks to Saudi Aramco as it continues Middle East expansion
They have signed a memorandum of understanding on digital asset investment and semiconductor production.