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Tag: XRP whale

Ripple vs SEC Lawsuit Update: 129M XRP Transferred by Whale, What’s the Implication?
22Apr By Kayode Oke MichaelNo Comments
Ripple News

Ripple vs SEC Lawsuit Update: 129M XRP Transferred by Whale, What’s the Implication?

The ongoing Ripple Vs SEC lawsuit has sparked significant activity in the XRP market, with notable moves being made by XRP whales. One such move was the transfer of 129 million XRP by prominent holders, which has captured the attention of market participants. This has raised questions about potential implications for Ripple's legal battle. Whale Transactions Amid Lawsuit Speculation An unknown whale with wallet address "r4wf7….h4Rzn" transferred 28.8 million XRP to the Bitstamp exchange, which has led to debates among observers. Some interpret this move as a selloff strategy, while others speculate that it could be part of Ripple's liquidity management efforts, given its previous stake acquisition in Bitstamp. Read Also: Cardano’s Optimistic Start to the Week Sparks Investor Excitemen...
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Mystery Surrounds Sudden Release of Half Billion XRP from Ripple Escrow
13Apr By OLAJIDE SAMUELNo Comments
Ripple News

Mystery Surrounds Sudden Release of Half Billion XRP from Ripple Escrow

The XRP community is abuzz with speculation after a surprise movement of 500 million XRP tokens from Ripple escrow accounts. This sudden release, deviating from the usual monthly schedule, has left many questioning Ripple's motives and its potential impact on the XRP market. Large, Unexpected Transfer Raises Questions Data from Whale Alert reveals two separate transactions totalling 500 million XRP, valued at roughly $306.5 million. This breaks the pattern of Ripple's standard practice of releasing XRP every month. The origin of the tokens adds another layer of intrigue. https://twitter.com/whale_alert/status/1778650667122307122?t=RSUyR-1MextzE3M7NX_liw&s=19 While the address used for the transfer has been linked to Ripple since 2017, public records show it has been dormant sin...
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Uphold Unveils New Crypto Basket Focused on Focusing on XRP and other Financial-related tokens
5Apr By Raliat IdrisNo Comments
XRP News

Uphold Unveils New Crypto Basket Focused on Focusing on XRP and other Financial-related tokens

Leading American trading platform Uphold has introduced a new crypto investment basket featuring XRP and other finance-related tokens. This basket simplifies the process of building a diversified cryptocurrency portfolio by offering a pre-selected group of assets in a single click. Read Also: Cardano Price: Bearish Sentiment But Bullish Potential Crypto Baskets for Easy Portfolio Diversification Uphold Baskets launched in February 2024, aiming to address the challenge of selecting worthy investment options from the vast landscape of cryptocurrencies. These baskets function as bundles of carefully chosen crypto assets, allowing users to diversify their holdings with a single purchase. Uphold categorizes these baskets based on different market sectors, making it easier for investors to ...
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Changelly Report Unveils Bullish XRP Price Predictions Following Regulatory Clarity
16Dec By OLAJIDE SAMUELNo Comments
XRP News

Changelly Report Unveils Bullish XRP Price Predictions Following Regulatory Clarity

In its latest report, cryptocurrency exchange platform Changelly delves into the tumultuous journey of XRP, highlighting its resurgence after legal battles and projecting optimistic price targets for the digital asset. XRP's Historical Journey Changelly's report commences by revisiting XRP's meteoric surge from late 2017 to early 2018, culminating in a peak of $3.31. The subsequent retracement was exacerbated by legal challenges stemming from the SEC's lawsuit against Ripple and its executives. Despite the market-wide bull run in 2021, XRP struggled to reclaim its previous highs due to lingering legal uncertainties. Read Also: Terra Classic (LUNC) Faces Bearish Trends Despite Market Rebound; Technical Analysis and Binance Burning Point to Future Resurgence Regulatory Clarity and Bull...
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Binance Sparks Crypto Frenzy with Zero-Fee Trading for XRP and Other Select Pairs Amid Bitcoin Surge
7Dec By Tolulope ZaccheausNo Comments
XRP News

Binance Sparks Crypto Frenzy with Zero-Fee Trading for XRP and Other Select Pairs Amid Bitcoin Surge

In a strategic move to capitalize on the ongoing crypto breakout, Binance, one of the leading cryptocurrency exchanges, is set to introduce zero-fee trading for select pairs, including the popular cryptocurrency XRP. This bold initiative, scheduled to commence on December 8 at 00:00 UTC, is a deviation from the conventional fee-based structure and aims to attract a broader spectrum of traders amid a surging crypto market that recently saw Bitcoin surpassing $44,000. Read Also: Shibarium Undergoes Major Fork, Enhancing DeFi and NFT Ecosystem https://twitter.com/binance/status/1731916313206120830 Binance Activate zero-fee trading for XRP The announcement, made on Binance's platform X, revealed that the promotion would encompass renowned cryptocurrencies such as Ethereum (ETH), Binanc...
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XRP Poised for Bullish Surge: Dark Defender’s Cup and Handle Analysis Sets Short-Term Targets at $1.88″
24Nov By Onche Michael ONo Comments
XRP News

XRP Poised for Bullish Surge: Dark Defender’s Cup and Handle Analysis Sets Short-Term Targets at $1.88″

Renowned cryptocurrency analyst Dark Defender (@DefendDark) has highlighted a notable cup and handle pattern emerging on the daily chart of XRP, setting short-term targets as high as $1.88. The cup and handle pattern, a technical analysis formation in financial charts, signifies a bullish trend reversal. It involves a rounded bottom (cup) followed by a consolidation period (handle), suggesting potential upward price movement with a breakout typically occurring at the handle’s resistance level. https://twitter.com/DefendDark/status/1726878660752245220?s=19 The cup formation was initiated following Judge Torres’s July ruling in the U.S. Securities and Exchange Commission’s lawsuit against Ripple. This ruling was a significant victory for Ripple and the XRP community, as non-institut...
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Long-Term XRP Holding Proves Lucrative: Influencer and Ripple CTO’s Father Showcase Benefits
5Oct By CryptolifedigitalNo Comments
Uncategorized

Long-Term XRP Holding Proves Lucrative: Influencer and Ripple CTO’s Father Showcase Benefits

The debate over the merits of long-term XRP holding versus the volatility of trading the cryptocurrency has been reignited by influential figures within the crypto community. Sommi, a prominent influencer, recently shared insights into the advantages of "HODLing" XRP, emphasizing the challenges and risks associated with trading in a highly dynamic market. https://twitter.com/yourfriendSOMMI/status/1709710079157494201 In a recent post on a popular crypto forum, Sommi revealed that he had explored an indicator that many traders often seek to leverage for short-term gains. However, he cautioned that success in trading largely hinges on the ability to predict which altcoins will thrive in the years to come—a task that combines skill, luck, and, to some extent, gambling. Read Also: SEC...
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