XRP Crashes 8% Overnight After Massive Whale Exodus
TL;DR: XRP crashed 8% to $2.90 overnight amid 259M hourly volume (4x average), erasing $14B from market cap despite Rippleās legal wins. Analysts cite $2.80 as
Ripple, the real-time payment protocol created by Ripple Labs in 2012, is a fully centralized project, whose objective is to offer a payment solution for financial institutions.
We bring you the latest news about Ripple [XRP] so that you have them in just one click.
The cryptocurrency of this platform is the XRP and one of the characteristics of this cryptocurrency is that it can not be mined, since it has already been pre-mined.
Ripple is known as the cryptocurrency of banks, Banco Santander and BBVA among others have already begun to implement it in their operations.
Although this coin breaks the essence of cryptocurrencies, we must not lose it out of sight.
TL;DR: XRP crashed 8% to $2.90 overnight amid 259M hourly volume (4x average), erasing $14B from market cap despite Rippleās legal wins. Analysts cite $2.80 as
TL;DR Ripple faces renewed scrutiny after investor Andrei Jikh questioned why its claimed 300+ bank partnerships do not translate into massive daily onchain volume. Rippleās CTO
TL;DR Ripple co-founder Chris Larsen has moved 50 million XRP worth about $175 million since mid-July, with blockchain investigator ZachXBT confirming most of it reached exchanges.
TL;DR XRP rose 21.9% in 7 days to hit $3.42, setting records in market cap, spot and derivatives volume, and $10.98B in open interest. The U.S.
TL;DR XRP jumps to $3.22 as fresh capital pushes its market cap to $190.95 billion. Over the last 24 hours, the token climbed 8.55% with daily
TL;DR Ripple teams up with Ctrl Alt to tokenize Dubai Land Department title deeds on the XRP Ledger, leveraging Rippleās institutional-grade custody solution for secure on-chain
TL;DR The ProShares Ultra XRP ETF has secured SEC approval for listing on NYSE Arca, marking a major step for leveraged crypto products in the US.
TL;DR Ripple appointed BNY Mellon as the custodian of the cash and Treasury reserves backing its RLUSD stablecoin, which has already surpassed $500 million. The company
TL;DR Ripple has applied for a national banking license in the U.S. to operate its RLUSD stablecoin under federal supervision and expand its reach. The company
TL;DR Rippleās new partnership with OpenPayd embeds real-time EUR/GBP rails, multi-currency accounts, and virtual IBANs into Ripple Payments, enabling compliant, near-instant cross-border transfers with on-chain transparency.
Ads
Follow us on Social Networks
Crypto Tutorials
Crypto Reviews
Ā© Crypto Economy