This is the answer for those who ask whether XRP will reach $10,000
XRP is a controversial cryptocurrency, and its value depends on many factors, including supply and demand, adoption by major institutions, and overall market performance. To arrive at a prediction that XRP could reach $10,000, we need to analyze some key points: 1. Total Supply: XRP has a total supply of about 100 billion units. If the coin reaches $10,000, the total market cap will be:
Ripple to Launch 1 Billion XRP on February 1, 2025 – Is It Time to Sell?
Ripple, the company behind the XRPL network and XRP, will launch 1 billion XRP on Saturday, February 1, 2025. At current prices, this amount is worth around $3.10 billion, and Ripple may sell a portion of it over the course of the month.
When XRP launched in 2012, Ripple held 80 billion units of the supply out of circulation, gradually selling them and distributing them to the market. In 2017, the company implemented an “escrow” system to lock up the remaining 55 billion XRP that had not been distributed, with a scheduled monthly release.
This system is still in effect today, as Ripple continues to release 1 billion XRP on the first day of each month, allocating a portion (usually 20%) to its monthly sales and spending, while re-locking the remaining balance into new escrow deposits for the coming years.
TLM (Token Alien Worlds) is the native cryptocurrency of Alien Worlds, a blockchain-based metaverse game. The game is based on a Play-to-Earn concept, where players can earn TLM by participating in in-game activities. Here are more details about the project:
Huge Crypto Whale Hoards Bitcoin for 12th Week in a Row... Dangerous Signs!
MicroStrategy Inc (NASDAQ:MSTR) has bought $1.1 billion worth of bitcoin (BTC), after announcing plans to early redeem convertible notes and increase the number of authorized common shares. The Tysons Corner, Virginia-based company, which began using bitcoin as its primary investment vehicle, has been buying bitcoin for 12 straight weeks and now owns more than 2% of all the digital currency ever to be offered. Co-founder and chairman Michael Saylor has increased his bitcoin purchases since the election of former U.S. President Donald Trump, whom Saylor called the “first Bitcoin president” in a post on the X (formerly Twitter) platform.
What are the cryptocurrency prices today in dollars? The price of Ethereum ETH rose by 4.24% today to $3331. The price of Binance coin BNB rose by 0.03% to $685. The price of Cardano rose by 3.34% to $0.9952. The price of Ripple XRP rose by 0.93% to $3.1479. The price of Dogecoin DOGE rose by 0.90% to $0.353116.
Closing an “accounting base” in America.. How does this affect digital currencies?
In a remarkable shift that has caught the attention of financial circles, the US Securities and Exchange Commission (SEC) announced the cancellation of a controversial accounting rule known as SAB 121, which was considered a major obstacle to banks seeking to provide digital currency services.
What's the story? The move comes at a time when the US financial sector is preparing to expand its business in the field of digital assets, in light of changes in the regulatory landscape in the United States under the administration of Republican President Donald Trump.
Bitcoin and Ripple clash over strategic cryptocurrency reserve
Arincen - A heated dispute has erupted between the Bitcoin community and Ripple over the latter’s proposal to create a strategic cryptocurrency reserve in the United States that would include several currencies, including “XRP,” in addition to Bitcoin. While Ripple CEO Brad Garlinghouse defends the idea of a diversified reserve, Bitcoin supporters insist that the reserve should be limited to the first digital currency only.
Cryptocurrency named after Trump family causes catastrophic losses for traders
Barron, a new, unofficial meme coin inspired by US President Donald Trump's son Barron, has gained significant attention among traders after one wallet made more than $1 million in a short period of time, according to the Tribune website.
Launched on January 20, the coin is based on Solana, which was released alongside other meme coins named after Trump and his wife, such as REALTRUMP and MELANIA. It saw a rapid rise but also a rapid collapse, leaving many traders facing significant losses.
Robert F. Kennedy Jr. Owns Up to $5 Million in Bitcoin, According to Disclosure Forms
Robert F. Kennedy Jr.’s government disclosure forms have revealed that he owns between $1 million and $5 million in Bitcoin, held through Fidelity Crypto. The news comes as no surprise as Kennedy Jr. has previously expressed his strong support for the digital currency. Kennedy Jr. has been very vocal about his commitment to Bitcoin, previously stating that he has invested the bulk of his wealth in the cryptocurrency. He previously stated, “I’m a big supporter of Bitcoin. I was here a year ago at another Bitcoin conference. I came home and put most of my wealth in Bitcoin, so I’m fully committed.” In addition to his personal investment, Kennedy Jr. has also spoken about the broader implications of Bitcoin. He has described it as the “currency of freedom,” noting that it acts as a hedge against inflation for middle-class Americans. He also sees Bitcoin as a remedy to the devaluation of the dollar as the world’s reserve currency and an escape from a burdensome national debt. Kennedy Jr.’s disclosure of Bitcoin holdings through Fidelity Crypto reflects his commitment to cryptocurrency and his belief in its potential to address economic challenges.
XRP, SOL, DOGE, USDC, ADA Get “Made in America” Rating
CoinMarketCap has unveiled a new list of “Made in America” digital assets, highlighting cryptocurrencies with US origins, headquarters, and founders. According to the list, major coins such as XRP, Solana (SOL), Dogecoin (DOGE), Circle’s USDC, and Cardano (ADA) top the list, highlighting their importance in the US-based blockchain ecosystem.
Cryptocurrencies create a new millionaire every 6 minutes!!
Half of cryptocurrency billionaires invest in Bitcoin
With the boom in cryptocurrencies over the past year, a new millionaire was added to the list of the richest people every 6 minutes or so, according to data from the global consulting firm Henley & Partners and calculations by Al Arabiya Business. The data reveals that the number of cryptocurrency millionaires rose to 172.3 thousand at the end of last year from about 88.2 thousand at the end of 2023.
Elon Musk's wealth on December 6, 2024 is $351 billion Elon Musk's wealth on December 11, 2024 is $361 billion
In just 90 hours, his wealth increased by $10 billion!!
With the wealth that increased in just 90 hours, Musk can buy: - A special private island - Liverpool or Chelsea FC - An American baseball club - 30 luxury private jets - 80 special edition luxury cars
- After purchasing the above, he has more than $3 billion left, and he can spend $425,000 per day for 20 consecutive years 🤷♂️
Warnings from market experts about recently launched meme coins!!
Donald Trump and his wife Melania have launched new meme coins, drawing criticism from crypto leaders who had hoped the incoming Republican administration in the United States would take the sector more seriously. The president-elect unveiled the Trump Token on Friday, while his wife, Melania, launched her own Melania Token on Sunday. The Trump Token’s market cap at one point topped $15 billion, but briefly dipped below $8 billion as attention turned to Melania’s token.