Ripple Conducts Largest-Ever RLUSD Mint
Ripple has just executed the largest single mint in the history of its RLUSD stablecoin. According to on-chain data, a staggering 69 million RLUSD was minted directly on the XRP Ledger (XRPL) today.The 69 million tokens appear to be routed toward the Gemini exchange. A flurry of…
Ripple Prime Prepares to Move Post-Trade Volume to the XRPL
Ripple's newly acquired prime brokerage arm, Hidden Road, went live on the DTCC’s National Securities Clearing Corporation (NSCC) directory earlier today.The move has laid the groundwork to move massive institutional post-trade volume onto the XRP Ledger.The March 2 listing plugs the…
Bitcoin Suddenly Surges 5%, Shorts Getting Clobbered
The price of Bitcoin, the leading cryptocurrency, surged sharply higher on Monday, reaching an intraday peak of $69,401. According to data provided by CoinGecko, roughly $80 million worth of shorts has been liquidated in mere minutes. The Bybit exchange accounts for the biggest share of…
Peter Schiff Congratulates Saylor on New Bitcoin Purchase
Michael Saylor has continued to double down on his Bitcoin accumulation despite the prolonged market volatility. His latest purchase — which involved 3,015 BTC — has triggered reactions from the crypto community, especially Bitcoin’s long-term critic, Peter Schiff.On Monday, March 2, Peter Schiff…