Ripple vs. SEC: Ex-SEC Official Confirms Cross-Appeal Still Active
The XRP community remains on alert as Ripple and the U.S. Securities and Exchange Commission (SEC) move closer to resolving their long-running legal dispute. Former SEC regional director Marc Fagel recently shared insights that clarified the current stage of the case and addressed growing public speculation. On social platform X, user @Want_Pride_Back questioned Ripple CEO […]
$246M XRP Transfer: Kraken Shuffles Funds Amid Market Dip
On August 1, Whale Alert reported that Kraken transferred 82,277,388 XRP, worth approximately $246.4 million, to an unknown wallet. The transaction occurred at 12:50 (UTC) on Friday. Initially, market observers speculated that a whale had bought the dip. Further checks revealed that the receiving wallet, identified as “rp7TCc,” also belongs to Kraken. XRPScan confirms the […]
Shiba Inu Burn Rate Skyrockets as Ecosystem Highlights BONE’s Potential
Prominent tracker Shibburn reported a massive SHIB token burn, shaking the crypto community. The burn rate jumped 4,461%, triggered by a transaction that destroyed 3.16 million SHIB. Notably, 3,062,046 SHIB were burned in a single transfer to a dead wallet, permanently removing them from circulation. Weekly Burn Totals Nearly 628 Million SHIB While the recent […]
Ripple Expands DeFi Ambitions with New VP of Institutional Partnerships
Ripple has started recruiting a Vice President of Partnerships to spearhead its institutional DeFi initiatives within RippleX. The executive will focus on boosting XRP Ledger adoption through strategic relationships with major financial and digital asset players. Role Focus: Expanding XRP Ledger Adoption The VP will secure partnerships with asset managers, tokenization providers, and stablecoin issuers. […]
Ripple CTO Clarifies Role of RLUSD and Why XRP Remains Crucial
Ripple’s Chief Technology Officer, David Schwartz, clarified that XRP remains crucial to Ripple’s operations. During a recent conversation, an XRP supporter questioned Ripple’s reduced public emphasis on XRP compared to its new stablecoin, RLUSD. Schwartz responded that XRP plays a far larger role than any other asset within Ripple Payments. He highlighted XRP’s importance as […]
Ripple Whales Double Down: Can XRP Break Free from $3 Support?
Ripple’s whale activity has intensified again as major holders continue accumulating millions of XRP tokens. Despite these massive purchases, the cryptocurrency’s price has yet to reflect this bullish behavior. $180 Million Whale Buy Strengthens Market Pressure From a USD perspective, whales recently added XRP worth over $180 million. This aggressive buying spree has significantly increased […]
Dogecoin Price Slumps 5% – Can DOGE Bounce Back Above $0.24?
Dogecoin (DOGE) has faced a notable selloff in the last 24 hours, trading at $0.2290, down 5.43%. The decline erased gains from earlier in the week as selling pressure intensified. The meme-inspired cryptocurrency failed to hold its $0.2415 opening price and slid below the $0.24 support level. Market Performance and Trading Activity DOGE’s market cap […]
XRP Price Surge Sparks Massive Whale Activity and $53M Transfers
XRP surged 2.56% in the last 24 hours, trading at $3.26. Despite the bullish trend, an unprecedented 366,000% liquidation gap between long and short positions shocked the market. Data from CoinGlass revealed that long traders faced massive losses, totaling $803,170 in liquidations. In contrast, short positions saw just $218.84 liquidated. The imbalance occurred after XRP […]
Shiba Inu Price Holds Steady as Burn Rate Surges Nearly 3,000%
The Shiba Inu (SHIB) burn rate has seen an explosive increase, reigniting excitement within the community. According to fresh data from Shibburn, SHIB’s burn rate surged by an astonishing 2,753% over the past 24 hours. During this period alone, the community permanently removed 6,442,486 SHIB tokens from circulation. Weekly Burn Figures Highlight Ongoing Deflationary Efforts […]
Ripple CTO Slams Forbes for Defending Convicted FTX Founder
Ripple’s Chief Technology Officer, David Schwartz, has sharply criticized Forbes for publishing an article that seemed to minimize the crimes of convicted FTX founder Sam Bankman-Fried (SBF). The piece attempted to justify SBF’s fraudulent actions by highlighting his lobbying efforts in Washington, a stance Schwartz firmly rejected. The controversial Forbes article portrayed SBF as a […]