Browsing:$XRP

the XRP market has witnessed a substantial $2.6 billion flow of capital
9 months ago 1 min read

Investor Confidence Soars: $2.6 Billion Flood into XRP in One Week Amidst Ripple’s SEC Showdown

The price of XRP has surged in recent days, as investors flock to the asset amidst the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC). Over the past week, XRP has gained nearly 11%, reaching a high of $0.52. The surge in price has been driven by a number of factors, including: The ongoing legal battle between Ripple and the SEC has also been a major driver of investor sentiment. The SEC has accused Ripple of selling XRP as an unregistered security, but Ripple has argued that XRP is a non-security and should be classified

Ripple Labs has unlocked 1 billion XRP tokens from escrow, marking the latest development in its ongoing legal battle with the US SEC.
9 months ago 2 mins read

Ripple Labs Releases 1 Billion XRP Tokens in Monthly Distribution

Ripple Labs, the company behind the XRP cryptocurrency, has unlocked 1 billion XRP tokens from escrow. The tokens were released on June 2, 2023, and were distributed across three transactions. The unlock is part of Ripple’s regular monthly distribution of XRP tokens from escrow. Ripple has said that it will continue to release XRP tokens from escrow on a monthly basis until all 55 billion tokens have been released. The release of XRP tokens from escrow has been a controversial topic. Some people have criticized Ripple Labs for releasing so many XRP tokens into circulation, arguing that it could cause

Ripple, the company behind XRP
9 months ago 1 min read

Ripple Invests in $40M Fund to Support Decentralized Infrastructure

Ripple, the San Francisco-based blockchain company, has announced that it has led a $40 million investment in a new fund focused on decentralized infrastructure. The fund, called Dispersion Capital, will invest in early-stage companies that are building decentralized infrastructure, such as decentralized finance (DeFi) platforms, decentralized exchanges (DEXes), and decentralized storage solutions. Dispersion Capital is led by Patrick Chang, who previously worked at Samsung Next, where he led the company’s blockchain investments. Chang said that he believes that decentralized infrastructure is the future of the Internet and that Dispersion Capital is committed to supporting the companies that are building it.

The price of XRP has maintained its 9% growth over the past 24 hours
9 months ago 1 min read

XRP maintains its 9% growth over the past 24 hours

The price of XRP has maintained its 9% growth over the past 24 hours, as the cryptocurrency continues to outperform the broader market. At press time, XRP is trading at $0.461. The bullish momentum for XRP is being driven by a number of factors, including the ongoing SEC lawsuit against Ripple Labs, which is expected to reach a settlement in the coming months. Additionally, XRP is seeing increased adoption from institutional investors, with several major banks and financial institutions now offering XRP trading services. The overall cryptocurrency market is also seeing a bullish trend, with Bitcoin and Ethereum both up