Cryptocurrency analyst Bill Morgan has called on Ripple to accelerate the release of its escrowed XRP tokens, which could take nearly a decade to fully unlock at current rates. Ripple releases one billion XRP tokens monthly but often re-locks unused amounts, slowing circulation growth. Morgan argues that faster unlocking would increase XRP's circulating supply and help realize its potential as a strong digital asset. Ripple’s CTO emeritus confirmed the company returns unused tokens to escrow, and the current liquid supply is about 61.85 billion XRP with 38.15 billion still locked.
Bitcoin price remained around $64,000 on Monday, showing stability but no strong rally despite positive developments in U.S.-Iran peace talks and rising Asian equities. Spot Bitcoin ETFs experienced $227 million in outflows over the week, marking the...
XRP fell below the key support level of $1.14 to around $1.12 on heavy volume during the weekend, but strong buying quickly recovered the price to near $1.15. This rebound kept XRP within its month-long trading range of $1.10 to $1.30, signaling acti...
Bitcoin remained around $64,000 at the start of the week, showing little reaction to a rally in Asian equities driven by progress in US-Iran peace talks. While Asian stocks rose and oil prices fell below $80 a barrel, Bitcoin dropped 2.2% over the we...
XRP's price has fallen sharply by 68% from its previous cycle high of $3.66, currently trading at $1.13 with a 24-hour volume increase to $868.27 million. Traders highlight the $1.10 to $1.30 range as a crucial accumulation zone, suggesting potential...
XRP is considered by some investors as a potential asset to build a retirement portfolio by 2035 due to its role in fast, low-cost international payments and growing adoption. Price forecasts vary widely, with conservative estimates requiring large h...
