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Showing posts with the label cryptocurrency

Ripple set to unlock 1 billion XRP from escrow tomorrow

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Ripple is set to release another 1 billion XRP from escrow tomorrow, November 1, 2025, continuing its standard monthly schedule.  At XRP’s current price of $2.49, the upcoming unlock is valued at roughly $2.49 billion. XRP 24-hour price. Source: Finbold The escrow mechanism, introduced in 2017, was designed to ensure predictable XRP supply and prevent market flooding. As previously reported, Ripple historically tends to sell or use only around 200–300 million of the XRP unlocked each month, while re-locking the rest into new contracts. For instance, the company re-escrowed 750 million XRP from its October 1 unlock. Accordingly, the effective increase in circulating supply value could range between $500 million and $750 million, significantly lower than the full $2.49 billion headline figure. November XRP escrow release The November release has been made more interesting by Ripple CTO David Schwartz’s statement that the company can legally sell or tr...

BlackRock just dumped nearly 800 Bitcoin worth millions

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BlackRock, the world’s largest asset manager, has just dumped 749 Bitcoin (BTC), worth approximately $88 million, on Wednesday, October 29. Following the moves, the fund’s total holdings sit at 805,540 BTC, valued at around $89.12 billion, according to the information shared by HeyApollo ETF tracker co-founder Thomas Fahrer on October 30. BlackRock BTC inflows. Source: Thomas Fahrer (@thomas_fahrer) Overall, spot Bitcoin ETFs recorded 4,238 BTC in daily outflows, which translates to approximately $471 million, as per the same data. Nonetheless, the funds are still in the green this month, with as much as 40,004 BTC, or $4.48 billion, added. Bitcoin falls amid macro uncertainty The transaction came just as the leading cryptocurrency started to lose steam following the Tuesday uptick, following the broader crypto market’s 1.5% decline. Most of the top 10 cryptocurrencies by market cap are currently in the red. Ethereum (ETH) and Solana (SOL), for instanc...

Western Union Unveils New Crypto Stablecoin Built on Solana Blockchain

Western Union says it plans to launch a new digital asset pegged to the US dollar. The stablecoin will be known as the U.S. Dollar Payment Token (USDPT), which will be built on the Solana blockchain and issued by Anchorage Digital Bank. The company is also unveiling a digital asset network designed to connect digital assets with traditional fiat currencies for real-world use. The initiative will expand money movement options for customers, agents, and partners while enhancing Western Union’s treasury operations. Western Union President and CEO Devin McGranahan says users will gain seamless access to send, receive, spend, and hold USDPT. “We are committed to leveraging emerging technologies to empower our customers and communities. As we evolve into the digital assets space, Western Union’s USDPT will allow us to own the economics linked to stablecoins. Separately, we are excited to announce our Digital Asset Network, a solution for the last mile of ...

Shiba Inu's Weak Performance May Open a Long-Term Opportunity

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The question of whether there’s a Shiba Inu long term opportunity has been on many investors’ minds lately, and it’s not hard to see why. Shiba Inu has lost close to 50% of its value this year, which is pretty significant. The token has dropped from its spot in the top 10 cryptocurrencies all the way down to 21st place right now. When you look at the Shiba Inu long term price prediction, things seem uncertain at best. Investors are trying to figure out the Shiba Inu long term investment potential and whether Shiba Inu will increase or not, especially as Bitcoin keeps reaching new heights while SHIB gets left behind in the dust. Also Read: Shiba Inu Lead Shytoshi Kusama Sparks Buzz With Cryptic Location Shiba Inu Long Term Opportunity: Price, Investment Potential, and Risks Source: VOI Market Conditions Should Be Perfect Right Now At the time of writing, the Shiba Inu long term opportunity should actually be thriving. The Trump administration has taken a pretty favorabl...

Ripple Partners with Absa Bank to Expand Digital Asset Custody in Africa

The crypto asset firm Ripple just announced a strategic partnership with a bank in South Africa. Ripple says it’s teaming up with Absa Bank to deliver institutional-grade digital asset custody services. This marks Ripple’s first major custody collaboration on the continent, enabling Absa to offer secure storage for crypto and tokenized assets amid rising institutional demand. The partnership leverages Ripple’s scalable technology to meet regulatory and security standards, supporting Absa’s customers in exploring blockchain-based solutions. Absa, which is one of Africa’s largest financial groups with operations in multiple countries, will integrate the custody offering through its Corporate and Investment Banking division. According to Ripple’s 2025 New Value Report, 64% of Middle East and Africa finance leaders are now prioritizing faster payments via blockchain technology. Follow us on X, Facebook and Telegram Source: https:/...

Coinbase Executive Issues Alert Over Unclaimed $39,000,000 Pile of Crypto Asset BNB

Coinbase director Conor Grogan is calling attention to a million-dollar pile of Binance’s native token, BNB, that has sat unclaimed for years. In a new post on X, Grogan urges citizens of Malta to start asking their government for the BNB that was donated to those suffering from terminal cancer on the southern European island in the Mediterranean Sea. Says Grogan, “In 2018, Binance and crypto users donated $200,000 in BNB to Malta Terminal Cancer Patients. The funds were never withdrawn and remain untouched, now worth $39 million due to the appreciation of BNB! Any Malta citizens, please let your government know that these funds are accessible.” BNB is a digital asset created and backed by the crypto giant Binance, and the charity initiative was launched as a partnership between Binance’s Blockchain Charity Foundation (BCF) and the Malta Community Chest Fund (MCCF). However, the two partners became entangled in a legal dispute with MCCF a...

Ethereum’s Technical Reset: $3,800 Support May Ignite The Next Wave Upward

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XRP kan $100 bereiken in 2017 achtige breakout – crypto analist ziet 300x potentieel

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Hyperliquid vs Binance drama unfolds in real-time

Tensions between Hyperliquid and Binance reached an emotional climax on Friday night as crypto traders lost a collective $600 billion within half an hour of Donald Trump’s threat to renew a tariff war with China. As the relatively small Hyperliquid continues to market itself as a Binance competitor, it’s drawn Binance founder Changpeng Zhao into a social media spat over the market crash. Hyperliquid co-founder Jeffrey Yan and Zhao are arguing about their respective reporting systems for liquidations, reimbursements for users, prevention of market manipulation, the resilience of their respective proprietary tokens, and which exchange is sufficiently capitalized to weather the tumultuous storms of crypto. From over $3.9 trillion, the combined market cap of crypto assets fell to under $3.3 trillion within 30 minutes of Trump’s Friday afternoon threat . Stablecoins de-pegged, and even billion-dollar coins like Cosmos flash-crashed 99.9% on Binance. Although prices tan...

Crypto Market Plunges 10%, Liquidations Hit $19B As Donald Trump Announces 100% Tariffs On China

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The crypto market plunged more than 10% after US President Donald Trump announced 100% tariffs on China’s exports starting Nov. 1, triggering $19 billion in liquidations. Solana slid 16%, XRP 14%, Ethereum 12%, Bitcoin 9%, and Dogecoin 22% as traders rushed to unwind leveraged positions. Data from CoinGlass showed most of the $19 billion in liquidations came from long positions as markets turned risk-off. One trader estimated that it was ”likely the largest liquidation event, in $ terms, in crypto history.” Trump’s actions came in response to what he said was an “extraordinarily aggressive” stance by China after it unveiled sweeping export controls on rare earths that are crucial to products from cars to smart phones. The announcement sent investors fleeing from risk assets as the Crypto Fear & Greed Index collapsed from a “Greed” reading of 64 to a “Fear” level of 27 in a single day as markets braced for an escalating ...

SHIB vs DOGE: Utility & Burn Battle

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The SHIB vs DOGE battle continues to dominate crypto discussions in 2025, and both meme coins are battling for supremacy through different strategies right now. Shiba Inu is relying on aggressive token burns to reduce supply, while Dogecoin is focusing on merchant adoption and real-world payments. The meme coin war has actually shifted from pure speculation to utility-driven competition, and each project is taking some distinct paths toward long-term viability at the time of writing. SHIB/USDT 12-hour price chart showing recent trading patterns and price decline – Source: TradingView Why SHIB vs DOGE 2025 Is a Meme Coin War Fueled by Burn & Utility Source: The Motley Fool The SHIB vs DOGE battle has intensified as both tokens are facing market pressure. Shiba Inu dropped almost 5% recently, and this decline was reflecting broader market volatility along with some profit-taking among investors. The Shiba Inu burn mechanism has been accelerated by the community, with billions of tok...

Ripple just moved $610 million XRP; What’s next? 

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Blockchain firm Ripple has moved a substantial amount of XRP, a transaction that is likely to influence the short-term movement of the asset. Specifically, Ripple transferred 200 million XRP, worth roughly $610 million, from its treasury to an unknown wallet, according to on-chain data shared by Whale Alert on October 6. 200,000,000 #XRP (610,012,938 USD) transferred from #Ripple to unknown wallethttps://t.co/OPfW5J8iTj — Whale Alert (@whale_alert) October 6, 2025 The massive on-chain transfer does not have a clear reason behind it. Notably, the company often moves large amounts of XRP to reposition liquidity or fund ecosystem and institutional partnerships.  Some believe the move prepares for upcoming liquidity needs, while others suspect possible OTC transactions.  What next for XRP price  If the tokens enter the market through sales or institutional deals, selling pressure could briefly slow the rally.  This s...

Bitcoin Pricing Bands Point To $140,000 Target But On This Condition – Analyst

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Dogecoin Is Primed For A Higher Move To $0.4 Soon, It Just Needs To Hold This Level

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