RippleNet
17,433 views
9 Posts
Hot
Latest
See original
Ripple is preparing to sell XRP unlocked for a year before the end of 2023
Ripple is still the largest holder of XRP, with most of its assets currently locked in escrow until 2027. Every month, the company unlocks 1 billion tokens, randomly maintaining the desired share and re-locking the crypto assets.
In December, Ripple retained 200 million XRP (20%) and re-locked the rest in an escrow account until April-May 2027. The crypto wallet address where the available reserves are stored is marked by XRP Scan as âRipple (1)â.
In December, Ripple retained 200 million XRP (20%) and re-locked the rest in an escrow account until April-May 2027. The crypto wallet address where the available reserves are stored is marked by XRP Scan as âRipple (1)â.
Typically, the company sends tokens that it plans to store into this account every month, which are then partially redirected to a number of other untagged addresses, likely controlled by the same owner. From there, XRP is sent to centralized exchanges.
#Ripple #RippleXRP #RippleNet #Ripple:
Ripple is still the largest holder of XRP, with most of its assets currently locked in escrow until 2027. Every month, the company unlocks 1 billion tokens, randomly maintaining the desired share and re-locking the crypto assets.
In December, Ripple retained 200 million XRP (20%) and re-locked the rest in an escrow account until April-May 2027. The crypto wallet address where the available reserves are stored is marked by XRP Scan as âRipple (1)â.
In December, Ripple retained 200 million XRP (20%) and re-locked the rest in an escrow account until April-May 2027. The crypto wallet address where the available reserves are stored is marked by XRP Scan as âRipple (1)â.
Typically, the company sends tokens that it plans to store into this account every month, which are then partially redirected to a number of other untagged addresses, likely controlled by the same owner. From there, XRP is sent to centralized exchanges.
#Ripple #RippleXRP #RippleNet #Ripple:
Crypto Futures: XRP 10x Leverage
After a hiatus from crypto futures perpetual trading, I'm excited to share my first trade back in the arena: long $XRP with 10x leverage.
Choosing XRP wasn't a random decision. Since May 2022, I've been closely observing a consistent pattern of higher lows forming on the XRP chart. This, coupled with occasional breakouts, suggests potential for upward momentum.
Entering the trade at 0.5415, the only thing left to do is wait. While leverage offers the potential for amplified gains, it also magnifies losses. Therefore, I've meticulously chosen my entry point and implemented strict risk management strategies. This includes setting clear stop-loss orders to mitigate potential downside risks.
Here's why I'm bullish on XRP:
Upward trend: The aforementioned pattern of higher lows since May 2022 indicates a potential bullish bias.
Breakout potential: Occasional breakouts suggest the price could surpass resistance levels, offering further upside potential.
Positive developments: Recent news and partnerships surrounding the Ripple ecosystem could fuel positive sentiment for XRP, like:
Growing Adoption: Ripple continues to forge partnerships with financial institutions worldwide, expanding the utility and reach of its RippleNet payment network. This increasing adoption could drive demand for XRP, as it fuels transactions on the network.Cross-Border Payments Focus: Regulatory bodies and financial institutions are increasingly focusing on streamlining cross-border payments. RippleNet's efficiency and cost-effectiveness in this area position XRP favorably to benefit from this growing demand.Central Bank Digital Currencies (CBDCs): The exploration of CBDCs by various governments presents an opportunity for Ripple. Its expertise in cross-border payments and digital asset infrastructure could position XRP as a potential bridge between traditional and digital currencies.Increased Utility: Beyond RippleNet, XRP is being explored for various other use cases, such as tokenization of assets and decentralized finance (DeFi). This broader utility could further increase its demand and value.
Important Disclaimers:
This is not financial advice. Please conduct your research before making any investment decisions.
Crypto trading is inherently risky, and leverage amplifies these risks. Only invest what you can afford to lose.
Implement proper risk management strategies, including stop-loss orders.
I'm eager to see how this trade unfolds and share my progress with the Binance Square community. Feel free to share your thoughts and insights on XRP or your own trading experiences in the comments below!
#Write2EarnâŹ
#RippleXRP
#TrendigTopic
#XRPđ
#RippleNet
Choosing XRP wasn't a random decision. Since May 2022, I've been closely observing a consistent pattern of higher lows forming on the XRP chart. This, coupled with occasional breakouts, suggests potential for upward momentum.
Entering the trade at 0.5415, the only thing left to do is wait. While leverage offers the potential for amplified gains, it also magnifies losses. Therefore, I've meticulously chosen my entry point and implemented strict risk management strategies. This includes setting clear stop-loss orders to mitigate potential downside risks.
Here's why I'm bullish on XRP:
Upward trend: The aforementioned pattern of higher lows since May 2022 indicates a potential bullish bias.
Breakout potential: Occasional breakouts suggest the price could surpass resistance levels, offering further upside potential.
Positive developments: Recent news and partnerships surrounding the Ripple ecosystem could fuel positive sentiment for XRP, like:
Growing Adoption: Ripple continues to forge partnerships with financial institutions worldwide, expanding the utility and reach of its RippleNet payment network. This increasing adoption could drive demand for XRP, as it fuels transactions on the network.Cross-Border Payments Focus: Regulatory bodies and financial institutions are increasingly focusing on streamlining cross-border payments. RippleNet's efficiency and cost-effectiveness in this area position XRP favorably to benefit from this growing demand.Central Bank Digital Currencies (CBDCs): The exploration of CBDCs by various governments presents an opportunity for Ripple. Its expertise in cross-border payments and digital asset infrastructure could position XRP as a potential bridge between traditional and digital currencies.Increased Utility: Beyond RippleNet, XRP is being explored for various other use cases, such as tokenization of assets and decentralized finance (DeFi). This broader utility could further increase its demand and value.
Important Disclaimers:
This is not financial advice. Please conduct your research before making any investment decisions.
Crypto trading is inherently risky, and leverage amplifies these risks. Only invest what you can afford to lose.
Implement proper risk management strategies, including stop-loss orders.
I'm eager to see how this trade unfolds and share my progress with the Binance Square community. Feel free to share your thoughts and insights on XRP or your own trading experiences in the comments below!
#Write2EarnâŹ
#RippleXRP
#TrendigTopic
#XRPđ
#RippleNet
Ripple Announces Collaboration with 10 Governments on CBDC Initiatives
Ripple is pleased to announce a collaboration with 10 governments to explore Central Bank Digital Currencies (CBDCs).This collaboration highlights the growing recognition of CBDCs as a transformative technology for financial systems.Ripple is committed to working with these governments to unlock the potential of CBDCs for a more inclusive and efficient global financial landscape.
#CBDC #RippleNet #FinancialInclusion #FutureOfFinance #DigitalTransformation
Ripple is pleased to announce a collaboration with 10 governments to explore Central Bank Digital Currencies (CBDCs).This collaboration highlights the growing recognition of CBDCs as a transformative technology for financial systems.Ripple is committed to working with these governments to unlock the potential of CBDCs for a more inclusive and efficient global financial landscape.
#CBDC #RippleNet #FinancialInclusion #FutureOfFinance #DigitalTransformation
Why Banks Prefer XRP: 6 Key Reasons
XRP stands out as the top choice for banks and financial institutions, surpassing other cryptocurrencies. Here's why:
1. Lightning-Fast Transactions: XRP's average transaction time is 3-5 seconds, ideal for real-time settlements.
2. RippleNet's Powerful Network: A robust network of financial institutions already using XRP, reducing transaction costs and complexity.
3. Cost-Effectiveness: Low transaction fees make XRP the economical choice for high-volume transactions.
4. Regulatory Compliance: Ripple's proactive approach ensures clearer regulatory status, giving banks confidence.
5. Stability and Trust: XRP's relative stability and Ripple's industry presence make it a reliable choice.
6. Eliminating Pre-Funded Accounts: XRP streamlines international transactions, reducing the need for multiple accounts.
Banks prioritize XRP for cross-border payments due to its:
Speed
Network effects
Cost savings
Regulatory clarity
Stability
Efficient transactions
Ripple's focus on financial solutions solidifies XRP's position as the preferred cryptocurrency for banks.
#XRP #banks #CrossBorderPayments #RippleNet #RegulatoryCompliance
XRP stands out as the top choice for banks and financial institutions, surpassing other cryptocurrencies. Here's why:
1. Lightning-Fast Transactions: XRP's average transaction time is 3-5 seconds, ideal for real-time settlements.
2. RippleNet's Powerful Network: A robust network of financial institutions already using XRP, reducing transaction costs and complexity.
3. Cost-Effectiveness: Low transaction fees make XRP the economical choice for high-volume transactions.
4. Regulatory Compliance: Ripple's proactive approach ensures clearer regulatory status, giving banks confidence.
5. Stability and Trust: XRP's relative stability and Ripple's industry presence make it a reliable choice.
6. Eliminating Pre-Funded Accounts: XRP streamlines international transactions, reducing the need for multiple accounts.
Banks prioritize XRP for cross-border payments due to its:
Speed
Network effects
Cost savings
Regulatory clarity
Stability
Efficient transactions
Ripple's focus on financial solutions solidifies XRP's position as the preferred cryptocurrency for banks.
#XRP #banks #CrossBorderPayments #RippleNet #RegulatoryCompliance
See original
Brad Garlinghouse: âRipple is considering an IPO outside the USâ
Brad Garlinghouse said that at the moment an IPO is not a priority for Ripple. He clarified that the company may return to considering the possibility of a public offering of shares after the completion of the trial with the US Securities and Exchange Commission (SEC).
At the same time, Ripple will reconsider the possibility of listing in the United States in favor of another jurisdiction due to the strict and counterproductive position of regulators towards cryptocurrency market participants. In particular, Garlinghouse sharply criticized the actions of Gary Gensler as chairman of the SEC, calling him âa political liability for the crypto industry.â
Comparing the European Union's regulatory framework with that of the United States, Garlinghouse expressed concern that the United States lags behind in developing comprehensive regulations for the digital asset market, and that the crypto industry's problems are driven more by politics than by economics or consumer protection.
#Ripple-XRP #RippleNet #Ripple #XRP/USDT #XRPBullRun
$XRP
Brad Garlinghouse said that at the moment an IPO is not a priority for Ripple. He clarified that the company may return to considering the possibility of a public offering of shares after the completion of the trial with the US Securities and Exchange Commission (SEC).
At the same time, Ripple will reconsider the possibility of listing in the United States in favor of another jurisdiction due to the strict and counterproductive position of regulators towards cryptocurrency market participants. In particular, Garlinghouse sharply criticized the actions of Gary Gensler as chairman of the SEC, calling him âa political liability for the crypto industry.â
Comparing the European Union's regulatory framework with that of the United States, Garlinghouse expressed concern that the United States lags behind in developing comprehensive regulations for the digital asset market, and that the crypto industry's problems are driven more by politics than by economics or consumer protection.
#Ripple-XRP #RippleNet #Ripple #XRP/USDT #XRPBullRun
$XRP
RippleNet Growth!*
RippleNet Expands!
200+ banks and financial institutions have joined the network!
XRP's adoption accelerates, connecting the world.
What's next for RippleNet?
Share your predictions!
$XRP
#XRP #RippleNet #Adoption #FinancialInclusion
RippleNet Expands!
200+ banks and financial institutions have joined the network!
XRP's adoption accelerates, connecting the world.
What's next for RippleNet?
Share your predictions!
$XRP
#XRP #RippleNet #Adoption #FinancialInclusion
