$1B XRP Treasury Move Could Redefine Altcoin’s Price Trajectory
According to multiple reports, Ripple Labs is organizing an effort to raise about $1 billion to build a new XRP treasury intended to hold a large stock of the token. Related Reading: Michael Saylor Issues Rally Cry To Bitcoin Army: “Starve The Bears!” The effort would use a special purpose vehicle to gather outside capital and combine it with XRP that Ripple itself may put into the fund. The plan is still being negotiated and has not been finalized. Plans To Raise $1 Billion Reports have disclosed that the $1 billion target would be raised through a SPAC-style vehicle, with Ripple expected....
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June 16 has emerged as a crucial date for the XRP price and could determine the altcoin’s future trajectory. This is based on an upcoming deadline related to the Ripple SEC lawsuit. Crypto analyst CasiTrades has highlighted the date as being important from a technical perspective, with XRP potentially hitting a new ATH on this […]
The XRP price has had a rollercoaster growth trajectory which was mostly hindered by the US Securities and Exchange Commission (SEC) filing a lawsuit against Ripple. But a lot of the altcoin’s performances over the months have been rather predictable, and with its history, we can get an idea of what to expect for the XRP price this month. October Not Looking Good For XRP Price In a heat map of historical XRP price data generated by NewsBTC, we can see how the month of October has usually gone in the past. The heat map shows XRP’s performance over the last eight years and the figures for....
Sharplink Gaming (SBET), which became the first public company to establish an Ethereum treasury, hasn’t had it easy since making this major move. The company’s shares have plummeted amid reports that investors plan to offload their stocks following the creation of the ETH Treasury. Sharplink Gaming’s Stock Plummets Following Ethereum Treasury Move In an X […]
South Korea has officially entered the institutional Bitcoin race with Bitplanet, a rebranded firm formerly known as SGA, unveiling a $40 million BTC treasury. Related Reading: Litecoin’s Blockchain Maturity Is On The Rise – What This Means For LTC’s Price This historic move aligns Bitplanet as the first company in the country to integrate Bitcoin […]
PRESS RELEASE. Dr. Richard Satur, CEO of VIC Rewards, and Gyanendra Khadka, CEO of XcelTrip, are partnering to raise stakes initially from ASEAN, Indian and Korean Wellness and Vitality digital space; before they take on the global Medical-Tourism marketplace. XcelTrip with over 2.4 million hotels and 450+ flights worldwide, is already an impressive online travel OTA platform. VIC Rewards, on the other hand, is also building its huge presence in the ASEAN region. Through their VIC Marketplace, the company predicts to onboard 500+ Merchants by 2021 specifically in the Wellness, Well-being,....