While Bitcoin Price Rebounds to $10,700, Ripple Transfers 500M XRP From Its Escrow Wallet

2019-9-4 13:40

Coinspeaker
While Bitcoin Price Rebounds to $10,700, Ripple Transfers 500M XRP From Its Escrow Wallet

After last week’s poor performance, Bitcoin is back in action swinging above $10,500 levels. Bitcoin price started gaining momentum since Monday, September 2 and added $1000 over the last 24 hours. The Bitcoin price recovery has given investors a much-needed relief. Moreover, with this price rise, Bitcoin continues to extend its dominance by contributing over 70% of the overall cryptocurrency market cap.

There’s no specific reason behind this Bitcoin price recovery. However, there are some positive triggers ahead this month that could put Bitcoin rolling in an upward trajectory.

ICE‘s Bakkt platform is all set to launch its Bitcoin futures contracts on 23rd September 2019. To help investors and traders safe secure their physical Bitcoin tokens, Bakkt will also open its Warehouse facility on September 6. Moreover, VanEck and SolidX are planning to offer Bitcoin ETF to on a “private-basis” only to a few selected investors, ahead this week. This could possibly act as a major trigger for Bitcoin.

While the optimism around Bitcoin continues to build up, there’s also some buzz in the altcoin market.

XRP Community Threatens Take Over of the Ripple Network

Claims about XRP‘s absolute decentralizations have been questioned by the crypto community in the past. To fund several investments, Ripple has been selling XRP tokens to its clients and this has not gone well with the community. The XRP community has hit back threatening to take over the network if Ripple keeps up with such activities.

Last week, XRP investor CryptoBitlord tweeted:

“I’m thinking about forking XRP so we don’t have to deal with the founders dumping. This will be a community effort.”

By further issuing a stern warning to act promptly, the investors added:

“[Ripple chief executive] Brad Garlinghouse, [and Ripple chief technology officer] Joel Katz, you now have 60 days to stop dumping XRP or we will stage a community takeover. If it’s a decentralized network like you say, we have the power to do it.”

Responding to it, Brad Garlinghouse himself took it to Twitter saying that by selling XRP, the company is working on improving its utility. He tweeted:

“XRP sales are about helping expand XRP’s utility — building RippleNet & supporting other biz building w/XRP ie Dharma & Forte. Reality is we DECREASED our sales by volume Q/Q and since then the inflation rate of XRP circulating supply has been lower than that of BTC and ETH.”

At the time of writing, XRP price makes $0,26 with market cap sitting at $11,17 billion.

While Bitcoin Price Rebounds to $10,700, Ripple Transfers 500M XRP From Its Escrow Wallet

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Ripple (XRP) на Currencies.ru

$ 2.2158 (-0.21%)
Объем 24H $11.678b
Изменеия 24h: -1.81 %, 7d: -8.42 %
Cегодня L: $2.1858 - H: $2.2889
Капитализация $126.862b Rank 4
Цена в час новости $ 0.2687 (724.64%)

xrp price ripple bitcoin escrow 500m transfers

Источник: coinspeaker.com

xrp price → Результатов: 126


Фото:

XRP Price Prediction: XRP To Reach A Project Price Of $5, While This Solana Killer Eyes 20,000% Gains

Finally, the XRP price is eyeing a long-anticipated breakthrough to the $5 mark. With recent market dynamics in play, the XRP price has positioned itself for an increase, but there’s a new player in the spotlight: WallitIQ (WLTQ), a crypto asset that’s gaining attention as a potential “Solana killer.” Analysts […]

2024-11-11 03:00


Seasoned Trader Eyes $35 For XRP, Says It’s Not As Crazy As It Sounds

A well-experienced trader recently got significant attention after making a bold statement that an XRP price hike could be somewhere between $30 to $35 based on his assumptions of the market. Related Reading: Floki Inu Warning: Analyst Says ‘Prepare For The Crash’ – Details Critics slammed his forecast, but Ralston Maximus, a seasoned investor, defended that the predicted price of XRP climbing to $35 is reasonable.

2024-10-29 18:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Market Expert: Not Long On XRP? You’re ‘Disrespecting’ Yourself

Analysts continue to believe in the potential price surge of XRP, predicting that it is still feasible that the crypto will hit the $3 mark. Related Reading: No Sweat! Dogecoin Will Hit $5 ‘Very Easy’ In 2025 – Analyst A market observer even claimed that XRP is on track for a massive price rally in the ongoing digital asset bull market as many cryptocurrencies are hitting all-time highs due to the positive outlook on the industry.

XRP Price Reaches 3-Year High At $1.6 – 2 Ways It Can Go From Here

The XRP price recently surged to a three-year high of $1. 6, marking a significant milestone in the cryptocurrency’s recent bullish rally. This remarkable price movement has garnered the attention of many analysts as investors continue to project the trajectory of the price.

XRP Price Set To Soar Past $5.85, Predicts Crypto Analyst

Crypto analyst Dark Defender (@DefendDark) has issued a bullish forecast for XRP, projecting a price surge above $5. 85 based on a confluence of technical indicators and chart patterns. Despite recent market stagnation, the analyst highlights several key factors—including the application of Elliott Wave theory—that suggest a significant upward movement is imminent.

XRP Whales Are Depositing To Exchanges: Price To Drop Further?

On-chain data shows the XRP whales have been making deposits to exchanges recently, something that could be bearish for the asset’s price. XRP Whales Have Made Several Large Moves In The Past Day According to data from the cryptocurrency transaction tracker service Whale Alert, several large moves have been spotted on the XRP network during the past day.

XRP Bullish Signal: Shark & Whale Population Sharply Growing

On-chain data shows the total number of sharks and whales on the XRP network has seen a sharp increase recently, a sign that could be bullish for the asset’s price. XRP Sharks & Whales Have Witnessed Their Count Go Up Recently According to data from the on-chain analytics firm Santiment, the shark and whale wallets have registered a notable jump over the past five weeks.

XRP Whales Go On $84 Million Buying Spree: Rally To Continue?

On-chain data shows the XRP whales have participated in a large accumulation in the past week, which could be bullish for the asset’s price. XRP Whales Bought More Than 140 Million Tokens Over The Past Week As explained by analyst Ali Martinez in a new post on X, the XRP whales have increased their supply share recently.

XRP & Litecoin See Social Media FOMO: Bad Sign For Prices?

Data shows that users on social media are overwhelmingly showing FOMO towards XRP and Litecoin, something that could be a bearish sign for their prices. Weighted Sentiment Has Spiked For Both XRP & Litecoin Recently According to data from the analytics firm Santiment, LTC and XRP are among the coins that have seen an improvement in sentiment following the recent price recovery.