Fun

News Feed - 2023-09-02 06:09:04

Amaka Nwaokocha14 hours agoWhale Alert sparks speculation as XRP transfers surgeThis move has sparked speculation about its potential impact on XRP’s price.8434 Total views18 Total sharesListen to article 0:00NewsJoin us on social networksA recent substantial purchase of Ripple’s XRP (XRP) token has been detected by the crypto tracking platform Whale Alert.


Whale Alert reported a transfer of 66,666,659 XRP, worth approximately $33,065,809, from Binance to an undisclosed wallet. The move has sparked speculation about its potential price impact.


In the XRP ecosystem, there have been recent transfers of substantial amounts of XRP into secure escrow accounts by Ripple. Notably, 300,000,000 XRP, worth roughly $146,927,854, and an additional 500,000,000 XRP, worth roughly $244,748,526, have been placed in escrow.66,666,659 #XRP (33,065,809 USD) transferred from #Binance to unknown wallethttps://t.co/OwwbvEdBNs— Whale Alert (@whale_alert) September 2, 2023


The moves come amid the ongoing legal battle between Ripple and the United States Securities and Exchange Commission (SEC). Ripple’s legal representatives have recently issued a response to the SEC concerning its appeal against Judge Analisa Torres’ July ruling that XRP is not a security when sold to the general public.


Ripple’s legal team argued that the prerequisites for an interlocutory appeal were not met and urged the court to either dismiss the appeal or impose a stay.


Related:SEC vs. Ripple: Pro-XRP lawyer urges Clayton, Hinman testimony


XRP has experienced significant increases in use recently, with a seven-month high in on-chain transactions and a three-month peak in circulation. These metrics indicate a rising level of engagement and activity within the XRP ecosystem, potentially stimulating increased demand.


While the road to a $1 XRP price remains uncertain, events associated with the XRP ecosystem persist in impacting the token’s price and investor speculation.


Magazine:Get your money back: The weird world of crypto litigation# Bitcoin# Blockchain# Cryptocurrencies# XRP# TokensAdd reactionAdd reactionRead moreWhat is profit and loss (PnL) and how to calculate itWhen will it be too late to invest in Bitcoin?The story of a crypto influencer’s attempt to bend reality

News Feed

Indian Police Arrest 11 People in Cryptocurrency Scheme Defrauding 2,000 Investors
Indian Police Arrest 11 People in Cryptocurrency Scheme Defrauding 2,000 Investors Indian police have arrested 11 people so far in connection with a fraudulent cryptocurrency schem
IMF guides Andorra to record and monitor Bitcoin transactions
Arijit Sarkar24 minutes agoIMF guides Andorra to record and monitor Bitcoin transactionsThe landlocked country of Andorra sought technical assistance from the International Monetary Fund on various topics including effec
Survey: Proportion of South African Crypto Holders Grows to 11.3%, 56% of Crypto Owners Hold Bitcoin
Survey: Proportion of South African Crypto Holders Grows to 11.3%, 56% of Crypto Owners Hold Bitcoin The number of surveyed South Africans that own crypto grew marginally from 10.3
PEPE Eyes 150% Jump To Grab Liquidity At $0.000025 After Bouncing Off ‘Powerful Support’
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Altseason At Risk? Expert Believes Ethereum Must Hold $2,600 To Sustain Momentum
Este artículo también está disponible en español. Ethereum is trading at crucial demand levels, facing intense selling pressure and struggling to reclaim the $2,800 mark.
Savannah Fortis15 hours agoMicrosoft Maia AI chip ‘last puzzle piece’ for infrastructure systemsThe new Microsoft Azure Maia AI Accelerator is designed for AI tasks and generative AI and debuted in tandem with its ne
Bitcoin, Ethereum Technical Analysis: ETH Falls Below $1,900 as Markets React to Weakening Chinese Economy
Bitcoin, Ethereum Technical Analysis: ETH Falls Below $1,900 as Markets React to Weakening Chinese Economy Ethereum fell below $1,900 earlier today, as crypto markets continued to
Gareth Jenkinson13 hours agoBIS, EU central banks building data platform to track crypto, DeFi flowsThe Bank for International Settlements and a handful of European central banks are building a system to track internatio
OFAC Update Claims Ronin Hack Is Tethered to North Korea’s Hacker Syndicate Lazarus Group
OFAC Update Claims Ronin Hack Is Tethered to North Korea"s Hacker Syndicate Lazarus Group According to the U.S. Treasury and the Office of Foreign Assets Control (OFAC), the recent
Rakesh Upadhyay5 hours agoPrice analysis 8/2: BTC, ETH, BNB, XRP, DOGE, ADA, SOL, MATIC, LTC, DOTBitcoin is witnessing a strong battle between the bulls and the bears, with the sellers currently holding a slight edge.213
Tesla Q2-2021 Earnings Call to Shed Light on Its Bitcoin Holdings
Tesla Q2-2021 Earnings Call to Shed Light on Its Bitcoin Holdings The upcoming Tesla Q2-2021 earnings call, which will be announced this Monday after market hour
Turkey Prepares to Increase Oversight in the Crypto Space
Turkey Prepares to Increase Oversight in the Crypto Space Turkish authorities, alarmed by the spread of cryptocurrencies in the country, are reportedly ramping up efforts to intr