Crypto Blog
Amid the downturn, these big players in the crypto market have seized the opportunity to accumulate the cryptocurrency that currently stands in seventh position by market cap.According to the latest findings by popular analyst Ali Martinez, over 31 million XRP was bought in just the past week alone. This sudden surge in whale activity suggests a bullish sentiment towards the asset, indicating that investors see potential for a rebound in its value.
Amidst Ripple and the Securities and Exchange Commission’s legal battle, XRP has been seeing significant whale activity.28.8 million XRP to Bitstamp. While some view this transfer as a selling strategy, others speculate it might be related to Ripple’s liquidity management, especially considering its earlier stake acquisition in Bitstamp.an increase in the number of XRP wallets holding at least a million coins, with a surge of 3.1% observed over the past six weeks.
The SEC had previously proposed a fine of $1.95 billion, comprising $876 million in disgorgement, $198 million in prejudgment interest, and a $876 million civil penalty. The final trial of the lengthy battle is slated for April 23, and many speculate that Ripple has the advantage, having secured three partial court victories last year.XRP Ledger Activity: Messari Report Reveals $169M Market Cap SurgeHow to Stake Polkadot : The Ultimate Guide
AI Will be One of those Areas Where Blockchain has Genuinely Improved: Flare Network’s CEO Hugo Philion One Weekly Email Can Change Your Crypto Life.Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Making it look easy, Victor Wembanyama aims to keep Spurs on scheduleMaking it look easy, San Antonio Spurs' Victor Wembanyama aims to keep Spurs on schedule
Read more »
Locked On Spurs: Takeaways from Spurs' Win and Preview of Thunder GameHost Jeff Garcia shares his takeaways from the San Antonio Spurs' win over Memphis and previews the upcoming game against the Thunder. Raul Flores of the AP Sports Radio joins to discuss potential role players for next season and review fan comments.
Read more »
Is Spurs' Tre Jones' starting job with the Spurs still up for grabs?Tre Jones was by far the Spurs' best option at point guard this season, but that won't keep the team from shopping
Read more »
Donald Trump's Stock Price Plunge Has Cost Him This Much MoneyTrump has lost over $2 billion in recent days due to the falling value of his Trump Media & Technology Group company.
Read more »
Dogecoin Founder Comments on Recent Bitcoin Crash, Hold TightDOGE creator has shared his Bitcoin price expectations after recent BTC plunge
Read more »
Price of eating out grows faster than price of buying groceriesThe price of eating out is rising faster than the price of making your meals at home.
Read more »