Ripple veteran reveals hidden XRPL tool blocking big money control
David Schwartz explained how XRPL’s Negative UNL helps the network handle validator outages without silencing smaller participants.
CryptoPotato·
Large XRP holders are continuing to accumulate even as the market remains sensitive to regulatory developments.
Read full articleDavid Schwartz explained how XRPL’s Negative UNL helps the network handle validator outages without silencing smaller participants.
XRP surged to intraday highs near $1.55 on renewed optimism. Senate Banking Committee approved the Digital Asset Market Clarity Act in a 15-9 vote. XRP price could target a breakout as the market cheers the regulatory milestone. XRP price rose to near $1.55 on Friday as the cryptocurrency market cheered the Senate Banking Committee’s passage […] The post XRP nears $1.50 as Senate crypto vote and whale buying fuel fresh optimism appeared first on CoinJournal.
XRP’s largest holders have pushed their combined balances to the highest level in nearly eight years, according to on-chain analytics firm Santiment, as the token tests the upper end of a recent trading range near $1.50. Santiment said wallets holding at least 10 million XRP now control 45.83 billion tokens, valued at roughly $68.5 billion based on the price level referenced in its update. The firm described the move as a whale-led push, noting that those wallets now hold 68.5% of XRP’s supply. “XRP is teasing a $1.50 market value, and whale wallets are leading the charge,” Santiment wrote on X. “Wallets with at least 10M XRP now hold a combined 45.83B XRP tokens ($68.5B USD), the most they’ve held since May, 2018. This translates to 68.5% of the coin’s supply.” Why This Is A Crucial Moment For XRP Price The $1.50 area has drawn additional attention because it lines up with a key technical zone on the daily chart. Crypto analyst Cheds Trading described the move as an “XRP bounce into r
The post Ethereum Price Prediction: Whales Keep ETH Under Pressure appeared on BitcoinEthereumNews.com. Ethereum is facing pressure from two sides as whale positioning stays negative and ETH/BTC remains inside a descending channel. For now, ETH needs stronger buying activity and a clear ETH/BTC recovery to weaken the bearish setup. Ethereum Whales Stay Bearish as ETH Price Holds Near $2,300 Ethereum whales are still showing a bearish position, according to the Ethereum Whale vs Retail Delta chart shared by CW. The chart shows the whale vs retail delta moving below zero in recent weeks. That means whale positioning has turned negative compared with retail positioning. In simple terms, larger traders appear more short than retail traders. Ethereum Whale vs Retail Delta Chart. Source: CW on X,Coinglass ETH price is holding near the $2,300 area, while the delta remains in the red zone. This suggests whales have not yet shifted back to a bullish stance, even after Ethereum stabilized from i
The post Cardano Millionaire Wallets Reach Record 25B ADA Holdings appeared on BitcoinEthereumNews.com. Cardano Millionaire Wallets Reach Record 25B ADA Holdings Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Keshav is a Physics graduate who has been employed as a writer with Bitcoinist since June 2021. He is passionate about writing and through the years, he has gained experience working in a variety of niches. Keshav holds an active interest in the cryptocurrency market, with on-chain analysis being an area he particularly likes to research and write about. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/cardano-millionaire-wallets-record-25b-ada-holdings/
The post XRP Tops on Upbit as South Korea’s “Big 4” to Acquire $670M Stake in Dunamu appeared on BitcoinEthereumNews.com. Hana Financial Group on Friday said it will acquire a 1 trillion won ($670 million) stake in Dunamu, operator of South Korea’s largest crypto exchange Upbit, through its subsidiary Hana Bank, South Korea’s “Big 4” bank. XRP surpasses BTC in trading volume on XRP Upbit amid the major announcement. South Korea’s Hana Bank to Buy $670 Million Stake in Upbit Operator Dunamu South Korea’s Hana Financial Group on May 15 decided to buy a stake in the country’s top crypto exchange operator Dunamu for 1 trillion won ($670 million). It marks the largest-ever investment by a bank into a crypto exchange operator. On the same day, Hana Bank’s board of directors resolved to acquire 2,284,000 shares of Dunamu held by Kakao Investment. With the acquisition, Hana Bank will secure its position as the fourth-largest shareholder with a 6.55% stake in Dunamu. “This equity investment is
On-chain data shows the Cardano sharks and whales have quietly accumulated amid the market decline as their holdings have hit a new record. Cardano Sharks & Whales Have Pushed Supply To A New All-Time High In a new post on X, on-chain analytics firm Santiment has talked about the latest trend in the supply of […]
RippleX Head of Research Aanchal Malhotra said the next phase of XRP Ledger development is focused on privacy, zero-knowledge proofs and post-quantum readiness, framing the work as an effort to future-proof the network without compromising its core settlement design. Speaking on Episode 25 of Krippenreiter TV with XRP Ledger Foundation member Hussein “Vet” Zangana and […]