Ripple

On-chain data recently showed that Ripple carried out its monthly escrow unlock for May. As expected, this has raised concerns about how it could affect the XRP price, especially since Ripple has been accused of manipulating the token’s price.  Ripple Unlocks 500 Million XRP Tokens Onchain data revealed 500 million XRP tokens were unlocked from Ripple’s escrow on May 1. The crypto firm is known to unlock 1 billion tokens monthly, although it looks to have only unlocked half this…

The post Ripple Price Jumps 5% Today! XRP Price To Hit $0.56 This Week? appeared first on Coinpedia Fintech News The cryptocurrency industry has displayed a short bounce back of 1.77%, a jump of approximately $70 Billion within the past 24 hours after recording a 2-month low of $2.10 T in its global market capitalization yesterday. On the other hand, the price of XRP has recorded a jump of over 5% in valuation, resulting in this altcoin reclaiming the $0.50…

TL;DR Bitcoin (BTC) experienced another sharp decline, falling to a multi-month low of approximately $56,600. Shiba Inu (SHIB) saw its price fall by 13% over the week, despite advancements in its ecosystem and a significant increase in its token burn rate, aimed at reducing supply. Ripple’s XRP maintained relative stability in a turbulent market, with analysts predicting substantial future price increases based on strong technical signals. BTC Price Swings The cryptocurrency market flashed red in the past several days, with vitcoin…

Ripple Labs releases 500 million XRP from escrow, sparking speculations and discussions with respect to the rationale as recent distributions deviate from regular patterns.  An analyst predicts that XRP could still hit $5 and later reach $18 as long as it trades within the $0.3917 and $0.6649 support range.  Ripple Labs recently became the talk of the town after releasing 500 million XRP in two separate transactions, deviating from the regular pattern of its distribution. It can be recalled that…

Ripple has partnered with HashKey DX and SBI Group, to bring XRPL-powered innovative solutions to the Japanese market.  Ripple’s collaboration underscores its proactive approach to diversifying its product offerings and expanding its market reach. Ripple, a prominent enterprise blockchain solutions provider, has unveiled a new partnership with Tokyo-based HashKey DX and SBI Group to introduce innovative solutions powered by the XRP Ledger (XRPL) in Japan. The collaboration aims to tap into the burgeoning blockchain adoption trend, starting with the supply…

Egrag Crypto has forecasted break price increases for VeChain and Ripple in the coming weeks. In his assessment, VeChain has a target price of $2.5, while Ripple is aiming to reach $1.4. Other analysts also predict that Rebel Satoshi Arcade would be the frontrunner of this bull cycle. VeChain and Ripple are two of the top altcoins that can record huge price hikes in the coming weeks, according to EGRAG Crypto. The analyst provided the price targets, VET has been…

The post Ripple and Ethereum Under Fire: Decoding the Crypto Debate Sparked by SEC’s Latest Moves appeared first on Coinpedia Fintech News What initially seemed to be a sarcastically heated but harmless debate between Ripple CTO David Schwartz and Cardano Founder Charles Hoskinson recently turned into a fiery debate on X. Their replies revealed Many key revelations, the roots of most of which can be traced to SEC Chair Gary Gensler’s testimony before Congress over the classification of Ethereum. Schwartz’s…

On April 30, Ripple announced a partnership with HashKey Group, furthering its collaboration with financial services giant SBI Group. The joint venture with HashKey DX, a Tokyo-based specialized consulting company of the HashKey Group, aims to introduce XRP Ledger (XRPL) enterprise solutions to the Japanese market. HashKey DX will deploy supply chain finance solutions to Japan through the partnership, which was highlighted by company CEO Brad Garlinghouse in a post on X. JapanXRPL https://t.co/qjnyvnoTRF — Brad Garlinghouse (@bgarlinghouse) April 30,…

The SEC opposed Ripple’s motion to strike expert witness Andrea Fox, claiming it’s within the law and doesn’t constitute undisclosed expert testimony. The market continues to wait on the court ruling in the legal battle, with analysts pointing out that XRP will gain close to 20% in the short term. One of the longest-running legal feuds in crypto is edging ever closer to completion, as Crypto News Flash reported. Ripple and the SEC have been fighting in court since former…