🚀 Ripple Unleashes 1 Billion XRP from Escrow Reserve! 🌊

Breaking News: Ripple Labs, a global blockchain-based payment powerhouse, has once again freed 1 billion XRP tokens from its Escrow reserve in line with its monthly token release strategy.

💼 Token Unleashing Details:

Reports from the prominent on-chain crypto tracker, Whale Alert, unveiled the release of 1 billion XRP tokens today. The tracker, buzzing the crypto community via X (formerly Twitter), highlighted the sequential whale transactions.

The first transaction uncorked a substantial 200 million tokens, valued at a staggering $120.4 million. Following swiftly, the second transaction unlocked an impressive 300 million tokens, approximately worth $180.6 million.

The grand finale featured a massive 500 million XRP tokens, valued at a whopping $301 million. With the current asset price, the total value of the unleashed tokens stands at a substantial $610 million.

🔄 Ripple's Routine Maneuver:

Ripple executes this monthly whale transaction on the first day of each month, but here's the twist - the company traditionally reclaims a significant portion of the released tokens shortly after their liberation. This routine has persisted since the inception of Ripple's escrow system.

🔄 Token Reclamation Dynamics:

In November, Ripple took back about 800 million XRP tokens, mirroring the same quantity retrieved in October. The community now speculates if history will repeat itself this month. After recouping 80% of the tokens last month, the remaining 20% traversed from the Ripple 22 address to Ripple 1, earmarked for the firm's operational use.

📊 Market Snapshot:

As of now, the XRP asset sits at approximately $0.609, indicating a 1% increase in the past 24 hours. Its market cap stands at a substantial $32,859,271,275, aligning with the same percentage rise in the past 24 hours, according to CoinMarketCap.

🔮 Stay Tuned for Ripple's Next Move! Follow The Blockopedia for Real-time Crypto Insights!

#RippleUpdate #RippleTrends #crypto #cryptocurrency #crypto2023

Ripple Withdraws One Billion XRP From Its Stash as Community Awaits Ripple Case Settlement.

Ripple fintech company has released immense amount of XRP from its stash, injecting hundreds of millions of XRP onto crypto market.

San Francisco-based fintech behemoth Ripple Labs has conducted a programmed released of one billion XRP from escrow addresses, according to recent tweets published by popular crypto tracker Whale Alert.

The above-mentioned crypto tracking platform spotted three staggering transfers, carrying 500,000,000 XRP, 300,000,000 XRP and 200,000,000 XRP – a billion Ripple-affiliated tokens in total worth $601.4 million in fiat. These withdrawals have been taking place since early 2018 as Ripple set itself the task of supporting the liquidity of XRP on exchanges and on the cryptocurrency market in general. They take place on the first day of a new month.

As a rule, on the day that follows the withdrawals, about 800 million XRP are moved back to escrow by Ripple Labs until the next release that happens every 30 days. These regular XRP releases do not seem to impact the XRP price. The circulating supply of XRP currently constitutes 53,888,571,585 XRP, according to CoinMarketCap. At the time of this writing, the Ripple-affiliated token is changing hands at $0.61381 on the Bitstamp exchange, showing a 2.79% rise since Tuesday and rising 2.26% within the last 24 hours.

The aforementioned source also detected a withdrawal of 27,000,000 XRP from the Binance exchange. This is the equivalent of $16,413,770 USD.
#XRPInvestment #XRPWatch #RippleUpdate #RippleVsSEC #RippleTrends
$XRP

Ripple President Makes Big Statement on Crypto: Details🔥🔥🔥🔥🔥🔥🔥

Monica Long, president of Ripple, was recently featured in the New York Times Special Series, where she highlighted the potential of cryptocurrencies to transform finance and the global economy.

She mentioned the "cryptoization" of developing economies, where people have begun to prefer cryptocurrencies to local currencies due to macroeconomic instability and lax inflation controls.

The Ripple president mentioned that in Argentina, Zimbabwe and more recently, Nigeria, people are increasingly flocking to crypto or U.S. dollar-backed "stablecoins" for savings and purchases rather than their volatile home currencies.

Argentina, Zimbabwe and Nigeria are all dealing with the same issue: rising inflation is reducing consumers' purchasing power. Local currencies are rapidly losing value, resulting in increased acceptance of cryptocurrencies.

Long adds that this trend underlies the simple fact that the current financial infrastructure may be too "fractured, slow and expensive to serve growing global commerce."

However, this is poised to change with the rise of cryptocurrency and blockchain technology. Long believes that financial rails may and will become internet-native, offering greater accessibility and affordability to financial services for everyone.

#BONK #RippleTrends #XRPBullRun
#BTC #XRPWatch

Binance came to the aid of Ripple co-founder Chris Larson by freezing $4.2 million in stolen XRP after a hacker targeted his wallet. This move by Binance aimed to prevent further misuse of the funds. In another incident, three individuals have been linked to the $400 million hack of crypto exchange FTX in 2022, with suspicions suggesting it was part of a sim-swap attack. Meanwhile, Polygon Labs has recently laid off 19% of its workforce in an effort to enhance overall performance. The XRP market ticker has experienced a dip, down to $0.50.

#Write2Earn #Binance #RippleTrends $XRP

Ripple CTO David Schwartz recently disclosed that Ripple plans to broaden its scope to other areas such as real-world asset (RWA) tokenization and a multichain ecosystem.

#Ripple.was.trading #RippleTrends #Crypto #CryptoNewsFlash #CryptonewswithJack

#xrp will see big gains. Be on the lookout and earn...
#price #RippleTrends #RippleUpdate #RippleRevolution

Follow For Free Signal : The bullish pennant is consolidating on a daily basis. If it breakouts soon, there is a potential for a 40-45% bullish rally that would send it towards $1. #Cryptocurrrency #XRPWatch #XRPUSDT #RippleTrends

THE RIPPLE EFFECT OF BTC SPIKE HAVING NO IMPACT ON THE RIPPLE COIN: Still the coin to take an open risk on?

#Write2Earn #RippleTrends #BTC1trillion #TrendingTopic #PIXEL

Recently, the crypto ecosystem had the good news rushing in. It came in that BTC had done the magic again! The foremost blockchain coin for the first time, in nearly 2 years peak at $ 1 trillion dollar capitalization. This news also coincidentally birth the new price at $50,000.

The BTC effect like everyone knows it somehow has a volcanic effect that ruffles other coins across all chains. However, despite this upward trend by most coins, RIPPLE has stayed flat in price movement. While this can be disturbing and discouraging, it's important to explain that the court case currently ongoing is one of the albatross the RIPPLE investors still contend.

This, I believe, will be in the interim, and just one positive news can torpedo the coin to a new highs. which coin you can still place a midterm bet on? with a few dollars, RIPPLE is one!

most Altcoins joined the bull train. Some relatively unknown Alt coins are having it more rainy than the big boys. And the reasons are simple:
1. Under- subscription - low capitalization - meaning the prospects for high reward is high when users saturate the total volume in supply.
2. Some have enough networks, subscription, and community but have plunged even beyond their ICO - meaning there potential to return ×10 profit is high.
3. Announcements of new projects, roadmaps, and visibility by the founders or community governing the coins.
4. Some coins have more than 100× price movement to make before getting to the crest - highest price the coins once reached during their initial bull run.
5. Coins that are undervalued compared to their volume in circulation. Many turned millionaires with DOGE and others, known then as "shitcoins," because they joined early.

While these coins have prospects, there are clearly pitfalls you should look out for and avoid.
I will share them in my next article.
I am Abiodun
Pioneer trader and trainer of FX and a crypto investor

Перевод XRP на сумму $15 млрд на Bitfinex оказался неудачной атакой

Предполагаемая транзакция XRP на сумму почти $15 млрд из неизвестного кошелька на биржу Bitfinex 14 января оказалась частью неудавшейся попытки «эксплойта частичных платежей».

Трекинговый сервис Whale Alert, известный мониторингом криптовалютных транзакций, поначалу сообщил о транзакции в 25,6 млрд XRP, что составляет почти половину общего оборота токенов, из неопознанного кошелька на Bitfinex.

Новость о такой колоссальной передаче вызвала удивление и заставила задуматься о потенциальных последствиях для рынка XRP.

Армстронг подчеркнул, что заявленная транзакция в количестве 25,6 млрд XRP была крайне маловероятной, учитывая общий максимальный объём XRP в 100 млрд. Кроме того, значительная часть хранится на условном депонировании, а самый большой кошелёк содержит всего 5 млрд XRP.

Армстронг также предположил, что инцидент мог быть взломом аккаунта Whale Alert или распространением неточной информации для манипулирования ценой XRP.

#XRP/USDT #Ripple #Ripple-XRP #RippleTrends
$XRP

XRP Moment of Truth: Defying the Downtrend Dragon or Facing Further Fall?

XRP is currently at a pivotal juncture, trading close to its 2024 low of $0.48. The 1D chart reveals a story of struggle against a downtrend that has gripped XRP since November '23. As it hovers near this low, the market is holding its breath, waiting for a sign of either a breakout or further descent.

Investors are on the lookout for that spark of bullish bravery that could catapult XRP above the persistent trend line that has been its ceiling for too long. A successful surge above this line could be the battle cry needed for XRP to gather real bullish momentum.

For now, #Ripple teeters on the edge of a technical tightrope, with potential for a significant trend reversal. Will it be a breakthrough that sends it soaring or a breakdown that sees it sink? Keep your eyes peeled – the next move could define XRP's market narrative for the coming months.

Please note, this is not financial advice (NFA)

For those looking to trade Ripple ($XRP ) , click here

#RippleUpdate #RippleTrends #xrparmy #TrendingTopic

Ripple has broadened its scope in the custody scene with the recent acquisition of Standard Custody, a subsidiary of blockchain infrastructure company PolySign.

#RippleUpdate #RippleTrends #Crypto #CryptoNewsFlash #CryptonewswithJack

$XRP Trade Opportunity:

Buy XRPUSDT near lower line
Sell near upper line

A reverse descending triangle pattern is being formed in #XRP coin 5 minutes price chart.

#RippleTrends #TradingAdvice

Is range-bound XRP good news for you in April? 🔄📅

📉 Ripple (XRP) was in a consolidation phase at press time, per AMBCrypto’s analysis. The token did not display much volatility, indicating that investors may have to wait for longer for things to turn bullish.

🔍 XRP is moving marginally. AMBCrypto’s analysis revealed that the token’s price was moving within a range for over two weeks after its value dropped on the 15th of March.

💹 If XRP manages to break above the $0.648 resistance level in the coming days, then we might expect its value to touch its March 2024’s high in April once again.

📊 AMBCrypto's analysis of Santiment’s data revealed that its Exchange Outflow dropped after spiking on the 27th of March. A similar trend was noted in terms of the token’s Exchange Inflow.

💼 Seemingly, investors were not actively trading the token at press time. The token’s MVRV ratio also dropped in the last few days, which too was a bearish sign.

📈 Additionally, XRP’s MACD displayed a clear bullish advantage in the market, while its Relative Strength Index (RSI) also registered a slight uptick from the neutral mark, hinting that XRP’s value might move northwards in April.

#XRP/USDT🔥🔥: #RippleTrends