Saturday, February 4

Tag: Barlinghouse

XRP Whales Massively Accumulating, Supply Held Reaches Two-Month High
Cryptocurrency

XRP Whales Massively Accumulating, Supply Held Reaches Two-Month High

As stated by on-chain analytics firm  Santiment, XRP whales holding between 1 million and 10 million XRP have been on an accumulation spree as the supply held by this category of whale reaches a two-month high. According to Santiment, this tier of whales has been the most active of non-exchange addresses and now holds 6.12% of "all XRP." Read Also: Shiba Inu Metaverse's Team Adds Former Technicolor Executive, Entertainment Veteran Marcie Jastrow https://twitter.com/santimentfeed/status/1529562140881092608 According to  CoinMarketCap data, XRP's present circulating supply stands at 48.3 billion XRP, while the total supply is 100 billion XRP. XRP has been experiencing the market sell-off amid the current ongoing lawsuit with the SEC, having fallen almost 89% ...
Ripple Invests $100 Million into Tackling Climate Change
Cryptocurrency

Ripple Invests $100 Million into Tackling Climate Change

Blockchain firm Ripple has announced a $100 million investment in fighting climate change.The nine-figure funding will help to speed up the modernization of the carbon credit market.Carbon markets allow companies and individuals to trade carbon credits for offsetting CO2 emissions that some companies cannot eliminate. Read Also: Ethereum Testnet, Ropsten to Face Consolidation(transition from proof-of-work to a proof-of-stake network) in Early June Ripple also says will invest in new functionality that enables the tokenization of carbon credits. CEO Brad Garlinghouse proves that the blockchain company can play "a catalytic role" to raise the carbon market. The blockchain company has been boosting its green cred for a quite long period. In the previous October, Garlinghouse sa...
XRP Lawsuit: Parties File for Extension of Deadline on Metz Report as Ripple Presents Case on Emails
Cryptocurrency

XRP Lawsuit: Parties File for Extension of Deadline on Metz Report as Ripple Presents Case on Emails

In the current lawsuit, Ripple has filed a six-page response to the SEC's assertions that the Hinman documents were protected by the attorney-client privilege. As initially stated, the SEC went ahead to make new privilege assertions in its unstopped efforts to eliminate the release of emails related to the 2018 Ethereum speech of William Hinman, the former director of the SEC's Division of Corporate Finance. Read Also: Cardano Whale Transaction Volume Spikes – ADA Price Direction Change Likely, Santiment Says https://twitter.com/FilanLaw/status/1525214883566034946 Ripple's response states: “The Court has ordered the SEC multiple times to produce documents related to the formulation of a speech that former Director of Corporation Finance William Hinman deliv...
Record 512 Million XRP Shifted by Ripple and Unknown Wallets: Report
Cryptocurrency

Record 512 Million XRP Shifted by Ripple and Unknown Wallets: Report

Whale Alert crypto tracking bot has detected three XRP transactions, carrying a total of 512.1 million XRP. They were conducted by Ripple fintech behemoth and wallets which Whale Alert tagged as “unknown”. Record amounts of XRP on the move In the last twenty hours, three staggering chunks of XRP have been transferred, according to the tweets posted by the crypto tracker mentioned above. Ripple giant moved 50 million XRP – the smallest lump of these three – to its reserve wallet RL18-VN often used for transferring crypto beyond the company – to charities, exchanges, and financial institutions. The other two chunks of Ripple-affiliated tokens contained 226,439,980 and 235,725,280 XRP worth $163,244,540 and $170,121,600. The total equivalent of the shifted XRP amount co...