Tuesday, February 7

XRP News

Ripple Works More To Enhance XRP Price As It Buys $8.4B Worth Of XRP From Secondary Market
XRP News

Ripple Works More To Enhance XRP Price As It Buys $8.4B Worth Of XRP From Secondary Market

The leading blockchain company, Ripple, has not ceased the activities that can enhance the price of XRP tokens in the general crypto industry. The recent record revealed that the price of Ripple’s XRP has been affected by the ongoing battle between the US commission and Ripple. Ripple Buys From Secondary Market To Aid XRP Price The SEC alleged that Ripple and its execs conducted unregistered securities offerings in the US that helped them raise over $1.2 billion. Both the SEC and Ripple have been in a heated legal battle for more than two years. The ongoing lawsuit has wreaked havoc on the price of XRP, which has plunged 87.9% from an all-time high of $3.4, Coingecko data shows.  Read Also: Crypto Trader Ali Predicts Bullish Moment For Shiba Inu Provided Its Hold Unto Its Curren...
Attorney Deaton Says XRP Will Continue To Be Relevant In The Crypto Space For The Next 5 Years
XRP News

Attorney Deaton Says XRP Will Continue To Be Relevant In The Crypto Space For The Next 5 Years

Attorney Deaton noted in his tweet recently, saying that the XRP will continue to be relevant in the crypto space 5 years from now. He further stated the XRP’s relevancy is independent of the US Securities and Exchange Commission case against Ripple. Attorney Ascertain That XRP Will Be Relevant The Next 5 Years The lawyer made this claim in a tweet on Saturday, tapping BTC and ETH alongside XRP as crypto currencies with staying power. It is not the first time that Deaton has expressed confidence in XRP’s long-term value proposition. Last August, he made the same claim in support of recommendations from Sygnum, a Swiss digital asset bank. Read Also: Edward Kim Suggests A Proposal To Reimburse The Affected Addresses As A Result Of 1.2% Tax Fee Implementation https://twitter....
Ripple’s Chief, Brad, Says Over Half Of The Transaction Volume In its Payment Rails Now Goes Through XRP
XRP News

Ripple’s Chief, Brad, Says Over Half Of The Transaction Volume In its Payment Rails Now Goes Through XRP

Brad Garlinghouse, the Ripple CEO recently promised that over half of the transaction volume possessed by the community through its various payment rails now goes through XRP. Brad Garlinghouse noted in the recent Fireside chat on CNBC’s Tech Transformers at Davos. For Context, Garlinghouse made this claim as he explained that the blockchain-focused payments company continued to grow abroad despite legal troubles at home.  He further pointed out that over 95% of the firm’s customers signed in the aftermath of the United State Securities and Exchange Commission lawsuit are outside the United State. Read Also: Neblio To Build A LUNC Staking Functionality Via Mobile Wallet. More Than Transaction Volume Now Goes Through XRP Chief Brad stated; “…now well over 95 per cent of the ...
XRP Enters The 5th Crypto With The Highest Trading Volume On Binance
XRP News

XRP Enters The 5th Crypto With The Highest Trading Volume On Binance

In a recent development, it was revealed that XRP now occupied the 5th position on Binance in term of in terms of trading volume in the past 24 hours. XRP Sits At 5th Position Among Coins On Binance With The Highest Trading Volume It was stated on the official website of the largest cryptolifedigital, XRP, which ranks as the fifth cryptocurrency with the highest trading volume, sits ahead of other top crypto assets, including Aptos (APT), Litecoin (LTC), Dogecoin (DOGE), Binance Coin (BNB), Cardano (ADA).  Read Also: TerraCVita Raises A Sum Of $1 Million For Decentralized Finance Project However, XRP is ranked behind Bitcoin (BTC), Ethereum (ETH), Solana (SOL), etc., in terms of Binance’s 24-hours trading volume. It is noteworthy that over the past 24 hours, Binance users have...
Santiment Declares XRP As The Crypto Pick For January. Here’s Why
XRP News

Santiment Declares XRP As The Crypto Pick For January. Here’s Why

The recent shared by the Crypto market intelligence platform, Santiment, revealed that the intelligence platform has a good stance with Ripple’s token, XRP as it tweeted recently saying that XRP is its crypto pick for January. There is a number of reasons the intelligence platform has to choose the XRP as its token for January. Read Also: Terra Classic To Allocate Over $141,000 Worth Of LUNC To Joint L1 Task Force As Proposal 11168 Successfully Passed https://twitter.com/santimentfeed/status/1610027869371256833 Santiment Highlights Reasons For Taking XRP As Its Crypto Pick For January The Price action: Santiment believes that XRP provides an opportunity for a low-risk, high-reward trade. The intelligence platform shared an XRP/USDT daily chart, elaborating on it that...
Whales Withdraw Massive 150 Million XRP Tokens From Binance. What Does This Suggest?
XRP News

Whales Withdraw Massive 150 Million XRP Tokens From Binance. What Does This Suggest?

The recent development captured an update on the massive transactions of some whales as a massive 150 million XRP tokens was withdrawn from Binance. The massive withdrawal is an indication that crypto investors are still in the business of shuffling vast amounts of the XRP even as the year draws to an end. Whales Withdraw Massive XRP Tokens Precisely, the report shows that the transaction took place at precisely 14:23 (UTC). Whale Alert noted that the 150M XRP tokens were worth around $52.1M. Read Also: Terra Classic Currently Votes On The Proposal To Repeal The Reminting Of 50% LUNC Burns Allocated To The Community Pool. How Good Is This? https://twitter.com/whale_alert/status/1605932123189387266 Data from XRP-centered explorer Bithomp shows that the user current...
XRP Holders Within 1 Million To 10 Million Accumulate Continually, Setting New All-time High
XRP News

XRP Holders Within 1 Million To 10 Million Accumulate Continually, Setting New All-time High

The recent development revealed that the holders’ bags within 1 million to 10 million XRP haven’t stopped accumulating. 1 million To 10 million bags are holding more XRP Per the Santiment, there are now a total of 1,617 addresses in this category, holding 7.23% of the XRP supply. According to the crypto analytics firm, these XRP sharks and whales have set new highs for the sheer number of addresses and the percentage of the supply they control. Read Also: Validator Initiates 100% Burns Of His LUNC Commission. https://twitter.com/santimentfeed/status/1605308867297935360 In the previous weeks, whales have been accumulating so strongly as its total XRP amassed in the past week sits at the over one billion XRP level. The record revealed the reason for their accumulation to...
Whales Move Over 421.1M Worth $168.4 Million Between Unknown Wallets And Bitstamp
XRP News

Whales Move Over 421.1M Worth $168.4 Million Between Unknown Wallets And Bitstamp

In the recent development, seven different transactions were initiated by Whales to move 421.1M XRP tokens valued at $168.4M. The transaction occurred between 3 and 7:45 AM on Saturday (UTC) between an unknown wallet and bitstamp, an ODL’s partner. The rate at which Ripple’s XRP is breaking ground is huge, as yesterday’s report stated, that as the lawsuit between Ripple and SEC is being waited for to bring to a successful close on the 30th of November, the XRP price is reacting to it positively. Read Also: Binance holds SHIB more than any other exchange as a reserve, It Holds Over 87 Trillion SHIB The detail of the transaction are as follow: The first transaction occurred at exactly 3:07 (UTC) and moved 29 million XRP ($11.6M) from a multisig Bitstamp address to another Bitst...
Ripple Whales Move A Total Of 528 Million, Binance Initiates The Biggest Part Of Transaction
XRP News

Ripple Whales Move A Total Of 528 Million, Binance Initiates The Biggest Part Of Transaction

The Ripple buying spree hasn’t ceased as more whales are moving a significant number of the XRP tokens, the recent development revealed that the biggest exchange, Binance initiated a transaction which claimed a total of 350 million XRP while the total whale buy calms at 528 million. The record showed that the transaction was initiated in the past 24 hours and it was likened to the transaction that once happened in the inception of the asset’s comeback. Read Also: Top ETH Whale Buys A Whopping 655.75B SHIB, worth $6.11M Binance Transfers 350 Million XRP According to the whale alert, the largest crypto exchange transferred a total of 350 million XRP to a synonymous wallet. The transaction is worth $134.8M. https://twitter.com/whale_alert/status/1592726347951898624 Notabl...
Whales Move A Whopping Over 259 Million XRP, It Spikes 10% In The Past 24 Hours.
XRP News

Whales Move A Whopping Over 259 Million XRP, It Spikes 10% In The Past 24 Hours.

The recent development revealed that a whopping 259 million XRP plus token has been moved by whales as the price spike 10% in the last 24 hours and at the same time the SRP token is currently performing beyond the greatest assets by the market capitalization. Whales Move Over 259 Million XRP As XRP Spikes 10% The massive movement of the Ripple’s token has been the habit of the whale as they frequently move massively over time. The community of Ripple has just noticed another movement of a whopping 259.4M XRP tokens in six whale transactions within the past 24 hours amid the market’s comeback against the bears. Read Also: New Whale Accumulates Over 290 Billion SHIB In The Past 24 Hours, Shiba Inu Community Burns Over 43M, SHIB Spikes 2.97% Details The massive movement has b...