XRP's price rose over 50% in the past week, reaching $1.51, outperforming Bitcoin's 23.6% gain. However, in Germany, XRP gains are tax-free only if held for more than one year. Most investors with real gains bought XRP less than a year ago, meaning their profits are subject to personal income tax rates up to 45%. The article explains the tax implications, including holding periods, FIFO rules, exemption limits, and record-keeping requirements. Investors must weigh the tax savings against price risks when deciding to sell or hold XRP.
Over the past month, the number of active accounts on the XRP Ledger surged by 132%, rising from 15,678 to 36,342, even as XRP's price fell from $1.48 to $1.24, causing a $15.2 billion market cap loss. Both sending and receiving addresses increased s...
Ripple issued 110.57 million RLUSD stablecoins on the XRP Ledger just before Binance resumed XRP and RLUSD withdrawals following its $6.3 billion hack. RLUSD's market cap is about $2.56 billion, with a third of tokens on XRP Ledger and the rest mostl...
The XRP Ledger's price oracle now includes market data for Ripple's RLUSD and the euro-based EUROP stablecoins, alongside major cryptocurrencies like XRP, Bitcoin, and Ethereum. This expansion supports blockchain financial applications and Ripple's g...
XRP price held around $1.25 on November 3, showing stability despite a 16.5% drop over the past month and subdued institutional demand, with U.S. spot XRP ETFs seeing net outflows. Network activity grew, with nearly 8,000 new wallets created, possibl...
Following the Binance hack that saw $6.36 billion stolen, including 233 million XRP tokens, XRP investors responded by creating nearly 8,000 new wallets in 24 hours, more than doubling the usual daily average. This surge reflects a shift toward self-...
