A potential intervention by American officials in the market for Japanese yen may have ripple effects for Bitcoin (CRYPTO: BTC) and other cryptocurrencies, analysts note.Crypto chart analyst Ali Martinez pointed out that U.S. involvement would likely mean selling dollars and buying yen, an...
BitcoinWorldBitcoin Price Prediction: Cathie Wood’s Hopeful Outlook Signals End of Major Selling PressureNEW YORK, March 2025 – Ark Invest CEO Cathie Wood has delivered a significant and hopeful analysis for Bitcoin investors, asserting that the intense selling pressure that gripped the market has largely subsided. During a recent CNBC interview, Wood provided a detailed explanation for the cryptocurrency’s recent volatility, pointing to a specific, large-scale deleveraging event. [...]This post Bitcoin Price Prediction: Cathie Wood’s Hopeful Outlook Signals End of Major Selling Pressure first appeared on BitcoinWorld.
Crypto News Today: ASIC warns cryptocurrency regulation gaps pose major risks for Australia in 2026 as lawmakers debate licensing reforms and oversight rules.
The plaintiff, a 19-year-old Californian known by her initials, K.G.M., claims that years of using Instagram, TikTok, YouTube, and Snapchat as a child led to body dysmorphia, depression, and self-destructive thoughts. She is represented by attorney Mark Lanier, who argues that the platforms were engineered to promote compulsive engagement in...Read Entire Article
For over a decade, Ripple and its executives have been steadily dumping XRP into the open market. Because XRP was fully created at launch, every token sold came from a known and finite supply. By comparing the original allocations from 2012 with current on-chain holdings, it is now possible to calculate how much XRP Ripple and its executives have offloaded so far. How XRP Was Allocated And Where The Tokens Went XRP was launched in 2012 with a fixed supply of 100 billion XRP, all created at once on the XRP Ledger. There has never been mining, staking, or inflation. Of that total supply, 80 billion XRP were transferred to the company that later became Ripple, while the remaining 20 billion XRP were allocated to founders and early insiders. The core individuals involved at launch were Jed McCaleb, Arthur Britto, and David Schwartz. Related Reading: Coinbase Exec Points Out The Big Difference Between Bitcoin And Central Banks More than a decade later, the remaining holdings of Ripple and its executives provide a clear benchmark for calculating how much XRP has been sold. Combined, Ripple and named executives currently control about 41.485 billion XRP. Ripple itself holds approximately 37.685 billion XRP, split between 3.5 billion XRP in wallets that can be accessed directly and 34.185 billion XRP locked in escrow. Among executives, Chris Larsen, Ripple’s chairman, holds about 2.5 billion XRP across eight wallets, while Arthur Britto controls roughly 1.3 billion XRP spread across seven wallets. David Schwartz, despite being a co-founder, holds a significantly smaller amount, peaking historically at around 26 million XRP, far below the multi-billion-token balances of other insiders. When current holdings are subtracted from the original allocations, the numbers indicate that Ripple and its executives have sold or distributed approximately 58.515 billion XRP since 2012. What Those Sales Mean In Price And Market Terms The scale of these sales often raises concerns about long-term price pressure, but timing is critical. XRP’s earliest recorded market price was approximately $0.00587 in August 2013. Today, it trades near $1.88, reflecting a remarkable increase of roughly 31,756% over that period. These gains unfolded even as billions of XRP entered circulation gradually rather than in sudden waves. In 2017, Ripple implemented an escrow system that locked up 55 billion XRP, allowing up to 1 billion XRP to be released each month. Any unused portion is returned to escrow, effectively limiting unexpected supply shocks. As of 2026, 34.185 billion XRP remain locked under this system. Related Reading: Bitcoin Price Prediction: Analyst Forecasts 72.86% Crash To $30,000 Cumulatively, the 58.515 billion XRP sold over 13 years would be valued at approximately $109 billion at today’s prices. These sales occurred alongside ongoing ecosystem development, legal challenges, and multiple market cycles, highlighting that distribution happened in a managed, phased manner. Overall, while Ripple and its executives have distributed a significant portion of their holdings, the careful, escrow-managed approach over more than a decade coincided with sustained price appreciation. This suggests that strategic, phased selling has not undermined XRP’s long-term market growth. Featured image created with Dall.E, chart from Tradingview.com
(MENAFN - EIN Presswire) EINPresswire/ -- GTF Technologies, a manufacturer of innovative food drying systems, was named a finalist in the Accelerator 100+ program, a global initiative led by six of ...
(MENAFN - EIN Presswire) EINPresswire/ -- A new analysis of automotive hiring patterns reveals that the majority of shop owners are inadvertently sabotaging their own management hires before day ...
(MENAFN - AsiaNet News) Union Home Minister and Minister of Cooperation Amit Shah hailed the India-European Union (EU) Trade Deal, describing it as a defining moment in India's global trade ...
This thermometer from Braun is my favorite, sporting a backlit display that’s color coded and easy to understand. It is consistently accurate, and its PositionCheck sensor is also handy, ensuring I’m holding and aiming the thermometer at the correct point on (and distance from) the forehead.
The Nasinu Town Council is counting on multi-billion-dollar private sector investment to tackle rising unemployment and crime in the area. Chief Executive Felix Magnus says Nasinu has the land and human capital needed for growth, but the key challenge remains building a strong local economy. To address this, major projects are already underway, including the [...]
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New Jersey, US State: "The global TPT Back Sheet market in the Consumer Goods and Retail category is projected to reach USD 2.8 billion by 2031, growing at a CAGR of 7.5% from 2025 to 2031. With rising industrial adoption