Bitcoin and Ethereum Lead in $130M Crypto Liquidation in Single Day
Amidst the recent market downturn, which resulted in over $130 million being liquidated, the crypto market’s current market capitalization is approximately $2.26 trillion.
Ripple aims to provide greater market transparency and certainty about current and future XRP supply by placing 55 billion XRP into a transparently managed escrow account.
Amidst the recent market downturn, which resulted in over $130 million being liquidated, the crypto market’s current market capitalization is approximately $2.26 trillion.
XRP price, which had already been showing signs of a pullback in the last seven days, experienced a further decline to dip below the $0.5 threshold.
SBI VC Trade aims to directly engage with the XRP Ledger, facilitating smoother transactions for its customers while actively contributing to the network’s growth by taking up the role of a validator.
The DeRec Alliance now has Ripple and XRPL Labs as founding members, as they develop a protocol for easy asset recovery.
BitMEX said its options trading platform will offer a full range of institutional-grade options for digital assets.
The SEC says Ripple’s intention to issue a stablecoin, an unregistered asset, is further proof that it will continue to break the law.
The SEC’s lawsuit has influenced the trajectory of XRP price. The ongoing legal saga prevented a sustained rally and kept XRP on a downward trend from its 2021 peak of nearly $2.
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While he sees a grim future for known players such as Ripple (XRP) and Cardano (ADA), he has made a bullish wager on an unexpected contender: Hump (HUMP).
The surge in interest can be attributed to Solana’s unique value proposition and its potential to offer attractive returns to investors.