A crypto analyst has shared the reason he believes many people will miss the XRP bull run. Despite the recent poor performance in XRP’s price action, the analyst has shown strong confidence in the cryptocurrency’s ability not only to bounce back to the upside but also to reach significantly higher price levels that could match its global settlement goals. In an X post on May 31, crypto market expert BarriC boldly stated that a significant number of investors are likely to miss the highly anticipated XRP bull rally once it eventually unfolds. Currently, several analysts in the XRP community share the view that the cryptocurrency’s current price does not reflect its true value. They believe that XRP’s value should not be measured by normal price action but by its utility and long-term potential to serve as a global settlement layer. The Reason Many People Will Miss XRP’s Rally BarriC noted that a significant percentage of investors may miss XRP’s run, not because they have never heard o
Strategy sold 32 BTC worth $2.5M, its first Bitcoin sale since 2022. See what it means for BTC price and the company’s massive holdings. Strategy Inc. sold Bitcoin for the first time in over three years. The company disclosed 32 BTC sold between May 26 and May 31. The sale fetched roughly $2.5 million. According […]
The post Strategy Sells 32 Bitcoin as BTC Slips Below $71.5K appeared first on Live Bitcoin News.
Bitcoin and ether exchange-traded funds (ETFs) closed the final week of May under sustained redemption pressure, with combined outflows of more than $1.6 billion as investors continued to trim exposure to the market’s largest crypto funds. XRP and HYPE Funds Attract Over $40 Million in Weekly Inflows The holiday-shortened week did not give crypto ETF […]
A Monday 8-K filing shows Strategy disposed of 32 BTC between May 26 and May 31 at an average $77,135 a coin, with proceeds earmarked for distributions on its STRC preferred stock — the first disclosed sale since the December 2022 tax-loss harvest.
A Monday 8-K filing shows Strategy disposed of 32 BTC between May 26 and May 31 at an average $77,135 a coin, with proceeds earmarked for distributions on its STRC preferred stock — the first disclosed sale since the December 2022 tax-loss harvest.
A directory in Ripple’s Payments documentation has drawn attention from XRP supporters after a user highlighted that it contains more than 500 financial institution identifiers across multiple regions. While these IDs are mainly used for routing payments and operational processes, the size of the directory has renewed interest in Ripple’s global payments network and the potential role XRP could play within it. Ripple’s Expanding Banking Network At the center of the discussion is Ripple’s Payments documentation, which contains extensive bank-ID directories used within its payment ecosystem. The directory includes financial institutions from multiple countries and regions, with entries ranging from major banks such as ANZ, Commonwealth Bank, HSBC Australia, ING, Macquarie Bank, Westpac, and National Australia Bank to smaller regional institutions and many others. Each organization is assigned a unique identifier that helps facilitate payment routing within Ripple’s network. Related Readi
XRPPower expands AI-powered ecosystem as investors seek new ways to participate in digital asset income beyond holding. In recent years, the cryptocurrency market has experienced several rounds of dramatic fluctuations. From Bitcoin to XRP and ETH, significant price increases and…
Ripple-backed Evernorth Holdings has filed an amended registration statement with the U.S. Securities and Exchange Commission as it moves forward with a merger backed by more than $1 billion in committed capital to create a Nasdaq-listed XRP treasury company. According…