OKX Publishes 17th Proof of Reserves Showing $22.2B in Assets
With its monthly provision of PoR, which allows users to estimate the company’s health, the exchange has continued to prove to users that their funds are safe.
Ripple network introduced new networ for digital transaction consensus.
With its monthly provision of PoR, which allows users to estimate the company’s health, the exchange has continued to prove to users that their funds are safe.
According to Schwartz, obtaining XRP from Ripple could have tax consequences. He emphasized individuals might have to sell their XRP shares to pay their taxes.
The SEC has filed the motion of remedies for the final judgement in the XRP case. Analyst say that Ripple’s decision of selling XRP at discount to big institutions could hurt the XRP price.
Despite the challenges, Ripple’s commitment to its core values has remained unwavering. The company’s dedication to simplifying international payments for everyone has been a driving force behind its success.
Amid the XRP price rally, its Relative Strength Index (RSI) surged from 62 to 72 in the past day, indicating a slight overheating of the token.
KuCoin said that early birds stand a chance to share a bonus prize pool worth around $5,000.
Although Garlinghouse did not speak specifically on an XRP ETF, he noted that there will likely be other crypto ETFs with time.
The rationale behind the cancellation stems from regulatory constraints, specifically pertaining to the prohibition of crypto exposure in funds governed under Undertakings for the Collective Investment in Transferable Securities (UCITS ) by Irish authorities.
Ripple (XRP) is making moves to expand its US presence, and Algotech has been causing significant market buzz at its first stage of presale.
This acquisition is not Ripple’s first in the US market, as the company acquired digital asset custody firm Metaco in 2023 for $250 million.