Ripple Unlocks $2.3B in XRP—Why the Market Might Stay Calm
TL;DR Scheduled Unlock: Ripple Labs will release 1 billion XRP tokens on June 1, injecting around $2.3B into circulation. Strategic Re-Locking: Only 30-40% of the unlocked
Ripple (Latest Publications)
Ripple is a digital payment protocol and cryptocurrency founded in 2012. Its native cryptocurrency, XRP, is used to facilitate fast and low-cost international money transfers.
Ripple’s network operates on a decentralized blockchain, but unlike Bitcoin and other cryptocurrencies, it does not require mining. Instead, transactions are validated through a consensus algorithm, which allows for faster processing times and lower fees. Ripple’s technology has been adopted by various financial institutions and payment networks, making it a popular choice for cross-border payments and remittances.
Court Rejects Ripple and SEC’s $50 Million Settlement Proposal
TL;DR A U.S. federal court rejected the $50 million settlement between Ripple and the SEC, considering it improper and beyond its jurisdiction. The judge noted that,
Futures Frenzy: XRP Open Interest Jumps Beyond $1 Billion Over Seven Days
TL;DR XRP futures open interest surged 41.6% in a week, climbing from $2.42 billion to $3.42 billion alongside a steady price increase. Since Monday, its market
XRP Skyrockets as Whale Frenzy and Legal Clarity Ignite Market Mania
TL;DR XRP jumps 10% in 24 hours, hits $2.58, and reclaims the third spot by market cap, driven by factors that renewed investor interest. Since July
Ripple Just Won Big: $75M Back from the SEC and XRP on Fire
TL;DR Legal Windfall: Ripple wins a major legal battle against the SEC, retrieving $75M while the SEC retains $50M. Market Bounce: XRP’s price surged by over
XRP Ledger Records 1M Payments in Early May, Reflecting Increased Adoption
TL;DR Milestone Achievement: The XRP Ledger processed one million payments in early May, showcasing renewed user confidence amid market volatility. Boosted by Innovation: Increased institutional interest
XRP ETF Mania Builds: $214M in Inflows and Global Approvals Signal Growing Demand
TL;DR Ripple closed its historic lawsuit with the SEC after nearly five years, cutting the fine down to $50 million and benefiting from a more favorable
No XRP ETF on the Horizon for U.S. Investors—ProShares Confirms Delay
TL;DR ProShares denied the rumors about an XRP ETF for April 30 and clarified that it only evaluates futures-based products. Ripple managed to list in Brazil
Flash Trade: $30 Million in XRP Moves in Only a Minute
TL;DR XRP’s value has risen by 3%, reaching $2.29 in the last 24 hours, after weeks of trading between $2.00 and $2.29. The recent approval of
Ripple ups its custody game to drive global tokenization, says John Deaton
TL;DR Ripple aims to integrate custody, payments, and stablecoin issuance into a single platform for financial institutions. The acquisitions of Metaco, Standard Custody, and Hidden Road
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