Over $190 million worth of XRP dumped in December by Ripple

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Ripple, a major crypto player and XRP holder, has been actively liquidating its monthly unlocked reserves. The company’s recent sell-offs have piqued investors’ interest, with over $192.2 million in XRP already dumped in December alone. In this article, we will go over Ripple’s liquidation strategy and its potential implications for the XRP market. Ripple had already sold 240 million XRP worth $148.8 million as of December 21. This was 40

The founder of Cardano Remains Firm on XRP Criticism Despite Backlash

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Charles Hoskinson, the founder of Cardano, has upheld his critical stance on XRP, asserting that XRP lacks both partnership and technical value. This reaffirmation comes a year after his initial comments and follows persistent harassment from the XRP community spanning two years. When questioned about his viewpoint on XRP, Hoskinson highlighted the ongoing harassment and underscored the absence of technical parallels between Cardano and XRP as the basis for his

Ripple Unlocks 1 Billion XRP Tokens: What Does This Mean for the XRP Community?

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Ripple Labs, the company behind XRP, has restarted its monthly release program, releasing 1 billion XRP tokens from its Escrow reserve. This routine transaction, revealed by leading cryptocurrency tracker Whale Alert, occurred in three consecutive whale transactions. The first transaction resulted in the release of 200 million XRP tokens worth $120.4 million. The second transaction followed quickly, revealing 300 million tokens worth around $180.6 million. The final whale transaction from

Whales keep purchasing millions of dollar worth of XRP tokens despite no change in price

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Although the price of XRP hasn’t changed much over the last week, big investors have been making ripples in the background. Recent information reveals a notable increase in on-chain activity, indicating a whale purchasing frenzy aimed at profiting from the altcoin’s low performance. Crypto expert Ali Martinez found significant whale activity in the XRP market over the past seven days while giving thoughts on X. Based on statistics from Santiment,

Whale transfers 50 million XRP worth around $30 million to exchanges

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As Ripple navigates a fierce legal battle with the SEC, XRP investors find themselves in a state of uncertainty, torn between legal victories and recent whale movements impacting the digital asset’s market dynamics. Recent large transfers by XRP whales, totaling $30 million worth of the token to central exchanges, have sent shockwaves through the crypto community. The move, flagged by Whale Alert, involved nearly 50 million XRP tokens exchanged to

The XRP Ledger completes its 84 millionth ledger transaction

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The XRP Ledger, the foundational blockchain for the XRP crypto, has reached an important milestone by completing its 84 millionth ledger transaction. XRPScan analytics show that the current ledger count exceeds 84 million, a significant achievement just six weeks after the ledger completed its 83 millionth transaction in early October. This rate corresponds to about 1 million new ledgers per month. This continued growth underscores the XRP Ledger’s rapid adoption

GameStop Memes vs. Ripple And Solana: A Comparative Analysis Of 10x Investment Opportunities Amidst Bitcoin’s Surge

4 mins read

The cryptocurrency market has been a hotbed of activity in recent times, with Bitcoin’s resurgence above $35,000 igniting a frenzy in the altcoin space. Among the notable altcoins, Ripple (XRP) and Solana (SOL) have made impressive gains, but GameStop Memes (GME) presents a unique opportunity that sets it apart from the competition. In this article, we’ll delve into why GameStop Memes could be the preferred choice for investors in the

SEC Chair Gensler Faces Accusations of Bias and Prejudice from Ripple CLO

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The U.S. Securities and Exchange Commission (SEC) chairman, Gary Gensler, recently declared at a gathering that “we [regulators] are partners of honest business and prosecutors of dishonesty.” But others in the crypto world took exception to this declaration, and Stuart Alderoty, Chief Legal Officer of Ripple Labs, quickly refuted Gensler’s claims. Despite being sued, Alderoty noted that Ripple was never accused of “dishonesty.” This refutes Gensler’s assertion that the SEC

False BlackRock ETF Rumors Wipe Out Over $7 Million XRP Traders

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XRP investors found themselves in a tough spot as losses totaling $7.26 million unfolded due to misleading rumors about a BlackRock ETF. These losses marked the fourth-largest among major cryptocurrencies, trailing behind bitcoin, ether, and Solana. The tumult began when XRP’s price experienced a sudden uptick, surging from 65 cents to 73 cents. The catalyst behind this shift was a deceptive tweet suggesting that BlackRock had filed for an XRP

Ripple Expands into Africa with New Cross-Border Payments Solution

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Ripple, a leading provider of cryptocurrency-based payment solutions, is expanding its reach with new initiatives aimed at simplifying cross-border transactions. The company has upgraded its Ripple Payments service to make it more accessible to non-crypto-savvy businesses, particularly in the United States. Additionally, Ripple has partnered with African fintech firm Onafriq to facilitate faster and cheaper money transfers between Africa and other regions. Ripple Payments is designed to streamline cross-border payments

XRP surges by over 11% to become the top-performing crypto majors

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In the last 24 hours, XRP has experienced a notable price spike, making it the top-performing crypto among the majors. XRP experienced a price increase of over 11%, which caught the attention of traders and investors. Although the price saw a slight retreat on Monday, it still managed to maintain solid upward momentum. Trading volumes also exhibited a surge, rising from $1 billion on Sunday to $2 billion, according to

US SEC and Ripple Prepare for November 9 Lawsuit

2 mins read

The ongoing XRP lawsuit saga between the U. Securities and Exchange Commission (SEC) and Ripple Labs has taken another twist, with a crucial meeting scheduled for November 9. While the charges against Ripple’s top executives have been dropped, the broader legal issues surrounding XRP remain unresolved, making this upcoming meeting a pivotal moment for the future of digital assets in the United States. The Significance of November 9 The November