Ripple Transfers 100 Million XRP to Mystery Address
Ripple has transferred a staggering 100 million XRP (worth $48.61 million) to an anonymous address, raising questions about the potential impact on XRP’s price amid its recent recovery.
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Ripple Launches US Dollar Stablecoin, Enters $150B Crypto Market
Blockchain firm Ripple has announced the launch of its own U.S. dollar-pegged stablecoin, marking the company’s entry into the $150 billion stablecoin market. The move will pit Ripple against industry giants like Tether and Circle, as the crypto firm looks to establish a presence in the rapidly growing stablecoin space.
XRP Trading Volume Soars 80% Amid Crypto Market Chaos
Amidst a massive $400 million crypto bloodbath, XRP’s trading volume skyrocketed by an astonishing 80%, surpassing $4 billion, as investors scrambled to liquidate long positions, resulting in a surge of market activity.
SEC Seeks Unprecedented $2B Fine from Ripple: A Regulatory Overreach?
The U.S. Securities and Exchange Commission (SEC) has reportedly asked a federal judge to impose a staggering $2 billion in fines and penalties against Ripple Labs, a move that has been described as an attempt to “punish and intimidate” the blockchain firm and the wider crypto industry.
XRP Ledger AMM Pools Hit by Glitch, RippleX Halts Deposits
RippleX has identified a technical glitch impacting certain Automated Market Maker (AMM) pools on the XRP Ledger, prompting the team to advise users against depositing funds until the issue is resolved. Several projects utilizing these pools have temporarily suspended services.
Ripple’s XRP Selloff Sparks Price Manipulation Concerns
Ripple’s recent transfer of 240 million XRP tokens to an unknown wallet has raised speculation about potential price manipulation, reigniting debates around the company’s influence on the cryptocurrency’s lackluster performance.
XRP Jumps 20% Amid Binance Transfers as Crypto Rally Broadens
Ripple’s XRP token jumped over 20% on Monday, fueled by large transfers worth millions of XRP from the crypto exchange Binance, as the broader crypto rally extends to previously lagging assets.
XRP Squeeze, Ethereum’s $4,000 Test, Bitcoin’s $70,000 Barrier
This article analyzes the current technical setup of three major cryptocurrencies: XRP’s consolidation around its moving averages, Ethereum’s approach towards the $4,000 resistance level, and Bitcoin’s struggle to breach the $70,000 mark.
XRP Rallies on Rebounding Crypto Demand and SEC Scrutiny
XRP gained 3.34% on Wednesday, partially reversing Tuesday’s losses, as demand for Bitcoin and the broader crypto market rebounded, aided by positive comments from Fed Chair Powell and increasing scrutiny over the SEC’s actions in crypto-related cases.
Ongoing SEC Investigation Clouds XRP Lawsuit Appeal Plans
An ongoing investigation into conflicts of interest at the SEC related to cryptocurrency regulation may threaten the agency’s plans to appeal a court ruling in its case against Ripple.