Ripple once weighed shutting down and handing XRP to shareholders, CEO says

-
Ripple's Brad Garlinghouse says he and co-founder Chris Larsen considered winding the company down and handing its XRP to shareholders before deciding to fight the 2020 lawsuit.

source https://www.coindesk.com/markets/2026/07/12/ripple-once-weighed-shutting-down-and-handing-xrp-to-shareholders-ceo-says

Comentários

Postar um comentário

Postagens mais visitadas deste blog

Bitcoin Reverses Powell Spike With a Flash Crash as Options Market Signals Jitters Ahead

-
Imagem
Bitcoin (BTC) fell below $111,000 during the overnight trade, reversing Friday's spike caused by Fed Chair Powell's dovish speech, as a whale sold into illiquid market conditions. The cryptocurrency's price fell by over 2% from $114,666 to $112,546 in under ten minutes to 07:40 UTC. The so-called flash crash occurred when a single whale sold 24,000 BTC, worth over $300 million, according to blockchain data firm Timechainindex.com. "This entity liquidated their entire 24,000 balance, sending all of it to Hyperunite. They transferred 12,000 just today and are still actively selling, which is likely contributing to the ongoing price drop," the firm's researcher Sani said on X , adding that the whale still holds a total of 152,874 BTC across all associated addresses, including 5,266 BTC. "The funds originally came from HTX about six years ago and had remained inactive until recent transactions involving one of their addresses containing approximately 24,00...
Leia mais

XRP Bull Flag Points to $8 as Ripple-SEC Case Reaches End

-
XRP smashed resistance barriers as trading volume hit 300 million during peak institutional buying surge, with bullish chart patterns and a landmark legal resolution fueling upside bets. The rally combines technical breakout pressure with a significant shift in the token’s fundamental narrative. The SEC settlement eliminates a multi-year litigation drag, potentially unlocking greater institutional participation in U.S. markets. Price action shows heavy accumulation above $3.10, followed by consolidation above $3.30 — suggesting strong conviction among buyers even after the initial spike. The ETF filing from SBI adds a parallel demand driver, positioning XRP for higher beta moves if spot Bitcoin ETF inflows continue. Technical Analysis Overview XRP explodes 11% higher in the 24-hour period ending August 8, rocketing from $2.99 to $3.30 in a blistering rally. The digital asset accelerates most aggressively between 19:00-22:00, obliterating multiple resistance levels. Trading volume...
Leia mais