Ripple Executes Transfer of 50 Million XRP Tokens
Ripple Labs transfers 50 million XRP tokens, valued at $25.7 million, to an undisclosed wallet, following a similar move last week. Market speculation ensues. XRP remains stable at $0.5114.
Huang BoRipple Labs transfers 50 million XRP tokens, valued at $25.7 million, to an undisclosed wallet, following a similar move last week. Market speculation ensues. XRP remains stable at $0.5114.
Huang BoMay 30 sees a pivotal public hearing in the Ripple Labs class action lawsuit, addressing motions to exclude testimonies and a summary judgment motion. Implications extend to the broader legal landscape, including the SEC v. Ripple case. Ripple CEO's recent comments stir market speculation, while XRP trades at $0.51 with slight declines.
EdmundCryptocurrency market sees mainstream adoption surge amid Bitcoin halving and BTC ETFs buzz. Whales diversify into promising altcoins like Toncoin, Cardano, Arbitrum, and Mollars, anticipating significant gains.
EdmundRipple's XRP whales accumulate 110 million XRP amidst legal battles, signaling confidence. Despite challenges, market sentiment rises with XRP's price up 1.8%. Legal uncertainties linger, impacting future trends and investor focus.
Xu LinRipple sells 150 million XRP from reserves, totaling $75 million, inflating supply by 0.25%. This contributes to an estimated yearly inflation rate of 4.35%. Historical data shows Ripple's sell-offs often lead to local price crashes for XRP. Current market situation sees XRP trading at $0.507, down nearly 7% post-sell-off, with weak momentum indicated by RSI. Monitoring Ripple's activities crucial for understanding XRP's price and market dynamics.
EdmundRipple's CEO predicts US government scrutiny on Tether, sparking a clash between the two companies amidst Ripple's own stablecoin launch.
WeatherlyRipple seeks to seal documents in SEC lawsuit, citing sensitive financial data. Concerns include competitive harm and preservation of negotiating power. Legal precedent and industry support bolster Ripple's case. XRP trades at $0.507 amidst ongoing legal proceedings.
Xu LinXRP derivatives trading volume surges 194% in 24 hours, reaching $831.89M. Spot market sees 130% increase to $878.89M. Combined turnover hits $1.7B, 6% of XRP's $28B capitalization. Surge coincides with pivotal date in Ripple v. SEC case, with parties filing motions to seal materials related to remedies briefing. Anticipation grows amid legal battle's impact on XRP's future.
Xu LinRipple CEO Brad Garlinghouse warns of potential consequences as the U.S. government focuses on Tether, fearing another crypto black swan event. Regulatory scrutiny on Tether raises uncertainty in the crypto market, while Ripple plans its own stablecoin launch. Tether faces ongoing investigations amid concerns over reserve transparency.
Huang BoXRP sees slight 0.46% increase in 24 hours, signaling cautious uptrend. Short-term outlook bears $0.5135 support level; breach may test $0.51. Medium-term lacks reversal signals; breach of $0.51 could lead to $0.48-$0.50 range. Weekly bar nears bearish close, potentially testing $0.4780. XRP at $0.5130.
Xu LinBinance halts $4.2 million XRP theft, supporting Ripple post-hack. CEO Teng pledges secure ecosystems, echoing past aid in crypto crises.
Huang BoRipple's CTO teases AI integration in blockchain by 2024, enhancing security and market analysis, with a steadfast commitment to regulatory compliance.
Huang BoRipple CEO Brad Garlinghouse criticises SEC Chair Gary Gensler for hypocrisy and harming consumer interests, while the crypto community demands clearer regulations.
Cheng YuanRipple marks a significant win as its Irish subsidiary, Ripple Markets Ireland Limited, receives registration as a Virtual Asset Service Provider (VASP) from the Central Bank of Ireland. This approval allows Ripple Markets to offer specific digital asset services within Ireland, signifying a crucial milestone in Ripple's strategic expansion plan.
JoyCampbell has since moved on into the healthcare sector.
AlexDespite a recent decrease in crypto derivative trading volumes, which fell from around $2 trillion at the beginning of the year to approximately $1.5 trillion in September, Deribit remains optimistic about its expansion plans.
AlexIn a series of tweets released today, Whale Alert confirmed the return of 300 million XRP tokens, valued at $209 million, which were safely locked back in the Ripple Escrow wallet following the release of 1 billion tokens for the month of August.
CoinliveRipple's general counsel drew attention to SEC's inconsistencies.
OthersWell-known platforms had consistently been coming forward to support the blockchain company by asking for permission to file amicus briefs.
OthersAs the case against Ripple rages on, the SEC wants to see certain “friends of the court” in support of Ripple be barred from providing legal aid to the defense.
Cointelegraph