XRP Price Threatened As Ripple Unlocks 1 Billion Coins
The XRP price has already been under pressure for the past month, as the future outlook of Ripple is still set to be determined in the near future. Although XRP has moved up with the rest of the crypto market over the past few days of green, there is still uncertainty about the next bull run. However, this little price movement could be brief, as the number of XRP tokens in circulation just increased by 1 billion XRP, around 1.87% of the circulating supply of 53.312 billion tokens. Related Reading: CRV Price Surges 16% – What’s The Next Move For Curve DAO Token? Potential Impact On XRP....
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Throughout the short history of cryptocurrency, hundreds of coins have debuted and then died. Digital altcoin graveyards are filled with coins who thought they may one day challenge Bitcoin but are now nothing more than a distant memory-a forgotten file on a few former users' hard drives. Throughout this tumultuous time, two coins have consistently retained their place atop the market cap charts: Bitcoin at #1 and Litecoin at #2. The litecoin price has struggled recently, dropping its total market cap. The Ripple price, in contrast, has experienced recent gains-even as the coin supply has....
Ripple, the XRP digital asset payment service provider, was threatened with the release of allegedly damaging videos unless it paid $1.5 million.
Since December 2020, Ripple hasn’t rested from negative anticipations of a crash. Instead, the crypto that seemed promising from inception started plummeting when the United States Securities and Exchange Commission (SEC) sued it. The accusation was that the company raised more than $1.3 billion illegitimately. As a result, SEC held the co-founder Christian Larsen and Bradley Garlinghouse, the CEO, accountable for the illegal gains. The court case has already lasted for more than one year. But, surprisingly, on April 14, Ripple CEO Brad Garlinghouse stated that the fight had gone....
Ripple has bought back shares from its Series C funding round, which raised the company’s valuation to $15 billion, according to CEO Brad Garlinghouse. He added that despite the lawsuit by the U.S. Securities and Exchange Commission (SEC) over the status of XRP cryptocurrency, Ripple had the best year on record.
Ripple’s $15 Billion Valuation and ‘Best Year on Record’
Ripple CEO Brad Garlinghouse announced via Twitter Wednesday that Ripple has bought back its Series C shares at a $15 billion valuation.
The CEO described that....
The cryptocurrency Worldcoin (WLD) has seen a dramatic price increase, surging 75% over the past five days, with a significant 38% increase in the last 24 hours. According to DeFi^2 (@DefiSquared), the number one ranked trader on Bybit and a top 10 wallet on DeBank, this price movement is not merely speculative but indicative of potential market manipulation, timed with upcoming insider unlocks. The Worldcoin Cash Grab In a post shared via X, the top trader DeFi^2 has brought to light concerning details about Worldcoin’s market activities ahead of its planned insider token unlocks.....