XRP News: The Ongoing Debate Around Ripple’s Escrow and XRP Price Movements

Quick Summary:

Ripple’s escrow balance decreased from 39.5 billion at Q2’s end to 38.9 billion in Q3, with the mechanism set to release one billion XRP monthly for the next 42 months.

Ripple case weighs heavily on XRP’s price movements.

This discussion highlights ongoing debates within the XRP community about the effects of Ripple’s holdings on market prices.

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Article Details

Author / Journalist: Debashree Patra

Category: Crypto

Markets: United States

Topics: Ripple (XRP) News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 07:18:40 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 336 words

Reading Time: 2 minutes read

Sentences: 30 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 23391149

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 9 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #112

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