Ripple plans to release 1 billion XRP tokens from escrow around July 1, valued at over $1 billion at current prices. This monthly release is part of Ripple's 2017 escrow program designed to enhance transparency in XRP distribution. Historically, only a portion of unlocked tokens enters circulation, as Ripple often relocks much of the XRP, minimizing supply impact. XRP's price is currently under pressure, trading below key moving averages, and the market has largely priced in this predictable token release, so significant price volatility is unlikely.
XRP price traded near $1.13 on June 22 after briefly dipping to $1.12, remaining within a $1.10-$1.30 range this month. Technical indicators like MACD and RSI show early signs of recovery but no confirmed bullish reversal yet. Fund inflows and deriva...
XRP's price is showing a bearish head and shoulders pattern on the 12-hour chart, threatening a drop toward $0.96 if the neckline support near $1.10 breaks. Long-term holders have been buying the dip, defending the current support level, but on-chain...
Bitcoin hovered near $64,000 but fell 0.4% in 24 hours and 2.2% over the week, despite Asian stocks rising on improved Iran-US diplomatic progress. Washington and Tehran agreed on a 60-day peace framework, easing some geopolitical tensions and impact...
Bill Morgan, a pro-XRP attorney, has called on Ripple to increase the monthly release of XRP tokens from its escrow, arguing that releasing more than the current one billion tokens each month and locking fewer back would help XRP reach full circulati...
On June 22, Bitcoin stabilized after a sharp drop from $72,000-$74,000 support to the low $60,000s, with buyers stepping in around $61,000-$63,000, suggesting a possible accumulation phase despite technical instability. Shiba Inu attempts a rebound b...
