Binance Square
McBride
28,927 views
2 Posts
Hot
Latest
LIVE
LIVE
Crypto De Nostradame
--
Bullish
Former Ripple Executive Advocates Strategic Reinvestment Amid New XRP Partnerships and Significant Trading Movements. Former Ripple Director Sean McBride called on the company to adopt an aggressive investment strategy in a striking post on the X platform. #McBride underlined that using Ripple's existing large financial resources will trigger further growth. He emphasized that focusing on reinvestments could drive a continuous cycle of development and innovation within the FinTech giant. The company is in the process of major expansion, establishing important partnerships both regionally and globally. Ripple has joined forces with banking giants such as Santander in the UK, CIBC in Canada, Kotak Mahindra Bank in India and Itaú Unibanco in Brazil. These collaborations aim to make cross-border financial transactions faster and more efficient. As a direct result of this, activity on the #XRP Ledger has experienced a significant increase, and the network's user base and trading volume have grown significantly compared to last year. Ripple's CTO David Schwartz gave hints about DeFi (decentralized finance) integrations in the future. The company is exploring ways to combine #DeFi protocols with traditional finance (TradFi) systems. Such integrations have the potential to revolutionize financial operations by combining the best of decentralized technologies with established financial institutions. Last week, blockchain tracking platform Whale Alert reported a notable transaction involving Ripple. The company transferred 150 million #XRP to an unknown blockchain wallet; The value of this move is equivalent to $78.2 million. This significant transaction has sparked massive speculation in the crypto community, especially amid Ripple's ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). The lack of an official announcement for this major transfer created more curiosity and debate among shareholders. $BTC $XRP
Former Ripple Executive Advocates Strategic Reinvestment Amid New XRP Partnerships and Significant Trading Movements.

Former Ripple Director Sean McBride called on the company to adopt an aggressive investment strategy in a striking post on the X platform. #McBride underlined that using Ripple's existing large financial resources will trigger further growth. He emphasized that focusing on reinvestments could drive a continuous cycle of development and innovation within the FinTech giant.

The company is in the process of major expansion, establishing important partnerships both regionally and globally. Ripple has joined forces with banking giants such as Santander in the UK, CIBC in Canada, Kotak Mahindra Bank in India and Itaú Unibanco in Brazil. These collaborations aim to make cross-border financial transactions faster and more efficient. As a direct result of this, activity on the #XRP Ledger has experienced a significant increase, and the network's user base and trading volume have grown significantly compared to last year.
Ripple's CTO David Schwartz gave hints about DeFi (decentralized finance) integrations in the future. The company is exploring ways to combine #DeFi protocols with traditional finance (TradFi) systems. Such integrations have the potential to revolutionize financial operations by combining the best of decentralized technologies with established financial institutions.

Last week, blockchain tracking platform Whale Alert reported a notable transaction involving Ripple. The company transferred 150 million #XRP to an unknown blockchain wallet; The value of this move is equivalent to $78.2 million. This significant transaction has sparked massive speculation in the crypto community, especially amid Ripple's ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). The lack of an official announcement for this major transfer created more curiosity and debate among shareholders.
$BTC $XRP
Former Ripple executive explained why XRP could not rise. Former Ripple Manager Sean McBride explained the reasons for this when he said that he did not expect a significant jump in XRP at the moment. While XRP has been at the center of criticism for its poor performance for years, it has lost its position in the market over time, and while it was once one of the 4 largest cryptocurrencies, it is now ranked 7th with a market value of $ 26.8 billion. As a crypto asset directly affected by Ripple's internal dynamics, XRP remains silent during general market increases and is not subject to sharp sales during price corrections. Although there has been a few positive news recently about XRP, which attracts attention with its price movements that differ from the market from time to time, reactions to current developments remain limited since the main issue of concern is the #SEC case. Making statements about why #XRP has lost value despite the recent positive news, former Ripple Manager McBride said that no one should have expectations before the case is concluded. Sean #McBride reiterated the general view that XRP price will not experience any significant movement until a final decision is made in the ongoing SEC and Ripple case. Therefore, McBride described those who have different expectations as dreamers. In July last year, Ripple won a partial victory when US District Court Judge Torres ruled that individual sales of #XRP were not securities. After the value of XRP rapidly doubled at that time, the cryptocurrency closed July with a value increase of nearly 50%. However, in the following month, pricing related to the outcome of the case was completely withdrawn and XRP has continued its horizontal movement in the roughly 0.5-0.6 dollar range for nearly a year. The incident that took place last year was the biggest proof that #XRP was connected to the Ripple case. Currently, there is a widespread opinion that if Ripple somehow overcomes the problems related to corporate XRP sales, the XRP price may be seriously triggered. $BTC $XRP
Former Ripple executive explained why XRP could not rise.
Former Ripple Manager Sean McBride explained the reasons for this when he said that he did not expect a significant jump in XRP at the moment.

While XRP has been at the center of criticism for its poor performance for years, it has lost its position in the market over time, and while it was once one of the 4 largest cryptocurrencies, it is now ranked 7th with a market value of $ 26.8 billion.

As a crypto asset directly affected by Ripple's internal dynamics, XRP remains silent during general market increases and is not subject to sharp sales during price corrections. Although there has been a few positive news recently about XRP, which attracts attention with its price movements that differ from the market from time to time, reactions to current developments remain limited since the main issue of concern is the #SEC case.

Making statements about why #XRP has lost value despite the recent positive news, former Ripple Manager McBride said that no one should have expectations before the case is concluded.

Sean #McBride reiterated the general view that XRP price will not experience any significant movement until a final decision is made in the ongoing SEC and Ripple case. Therefore, McBride described those who have different expectations as dreamers.

In July last year, Ripple won a partial victory when US District Court Judge Torres ruled that individual sales of #XRP were not securities. After the value of XRP rapidly doubled at that time, the cryptocurrency closed July with a value increase of nearly 50%. However, in the following month, pricing related to the outcome of the case was completely withdrawn and XRP has continued its horizontal movement in the roughly 0.5-0.6 dollar range for nearly a year.

The incident that took place last year was the biggest proof that #XRP was connected to the Ripple case. Currently, there is a widespread opinion that if Ripple somehow overcomes the problems related to corporate XRP sales, the XRP price may be seriously triggered.
$BTC $XRP
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number