Ripple CTO Ends Speculation Around “Private XRP” With a Definitive Answer
Ripple CTO David Schwartz has laid to rest long-running speculation surrounding the existence of a “private XRP” operating on undisclosed ledgers. Responding directly to a community question, Schwartz confirmed that no private XRP version exists and that no private ledgers currently use XRP as a fee currency. His statement immediately cleared years of confusion and […]
Shiba Inu Whale Activity Spikes: Is a Breakout on the Horizon?
Shiba Inu (SHIB) has regained market attention following a dramatic spike in both price activity and on-chain transactions. According to data from IntoTheBlock, large whale transactions surged to an astonishing 14.4 trillion SHIB in just 24 hours. This volume marks the highest seen in recent months, suggesting a potential shift in market behavior. SHIB Holds […]
Ripple Delays Monthly 1B XRP Unlock for Third Consecutive Month
Ripple has once again postponed its monthly XRP escrow unlock, continuing a new trend that began in March. Traditionally, the company released 1 billion XRP tokens from escrow on the first day of each month a practice it maintained consistently since late 2017. However, Ripple began shifting away from this pattern earlier this year, opting […]
If XRP Hits $10, Here’s How Much Top 10% Holders Could Earn
As XRP continues to trade in consolidation, crypto investors are eyeing a possible rally that could push the asset to double-digit territory. Market analysts and long-term holders alike believe XRP is due for a significant move. If the price reaches $10, holders within the top 10% of the XRP rich list will stand to earn […]
What Is a Whale in Cryptocurrency and How Do They Influence the Market?
In the cryptocurrency market, the term whale refers to individuals or entities that hold a large amount of a particular cryptocurrency. Because of their significant holdings, whales have the potential to influence market prices and sentiment significantly. While whales can often profit from their holdings, their actions can lead to price volatility, especially in smaller […]
What Is a Liquidity Pool and How Does It Work in DeFi?
In the world of DeFi, liquidity pools provide the essential liquidity for decentralized exchanges (DEXs) and financial applications. A liquidity pool is a collection of funds locked into a smart contract by liquidity providers (LPs). These pools enable users to trade tokens without requiring a central order book or market maker. Understanding how liquidity pools […]