Latest news with #ChrisLarsen
Economic Times
4 days ago
- Business
- Economic Times
Cryptocurrency Live News & Updates : BNB Hits 780 USDT with 0.32% Daily Rise
26 Jul 2025 | 03:10:12 AM IST As of July 25, 2025, BNB has reached 780.48 USDT, marking a modest 0.32% increase over the past 24 hours, according to Binance Market Data. The cryptocurrency market is experiencing significant fluctuations as BNB rises to 780.48 USDT, reflecting a slight 0.32% increase. In contrast, Ethereum has dipped to 3,702.06 USDT, showing a 0.68% decrease. Meanwhile, a broader market pullback has seen Bitcoin and various altcoins, including Pepe, Jasmy, and Stellar, drop over 15% from their recent peaks. This downturn is attributed to profit-taking by investors following substantial gains, with notable sales from major players like Galaxy Digital and Chris Larsen. Additionally, Marinade Finance has achieved SOC 2 Type 2 compliance, enhancing its credibility as a staking provider for upcoming Solana ETFs. Mega Matrix has also entered the stablecoin space with a $16 million investment, aiming to leverage stablecoins for treasury management amidst evolving regulations. These developments highlight the ongoing volatility and strategic shifts within the cryptocurrency landscape, as investors navigate market corrections and regulatory changes. Show more
Economic Times
5 days ago
- Business
- Economic Times
XRP price prediction: XRP is rising today, but can it stay above $3.66 as AI cloud mining booms — and why is Ripple's co-founder under fire over a $175M token dump?
XRP price prediction is back in focus after the token surged past $3.66, sparking excitement across the crypto world. But can it hold steady as AI-powered cloud mining platforms like ALL4 Mining gain massive investor attention? While the price climbs, controversy brews as Ripple co-founder Chris Larsen faces backlash for moving $175 million worth of XRP near peak levels. Meanwhile, Ripple's RLUSD stablecoin is quietly gaining traction with everyday users. Synopsis XRP is making headlines again as its price climbs past the crucial $3.66 mark, sparking excitement across the crypto market. But with the rise of AI-powered cloud mining platforms like ALL4 Mining drawing investor attention—and Ripple co-founder Chris Larsen facing backlash for allegedly dumping $175 million worth of XRP near recent highs—the big question remains: Can XRP maintain its momentum, or is turbulence ahead? XRP price surged past $3.66, reigniting bullish sentiment across the crypto market. This breakout has not only renewed investor confidence in Ripple's native token but also triggered a notable shift in focus toward innovative platforms like ALL4 Mining, which is redefining the way users approach AI-powered cloud mining for XRP. ADVERTISEMENT As investors rush to capture profits and passive income opportunities, the intersection of XRP's market momentum and emerging AI cloud mining platforms is creating new investment avenues that are gaining serious traction. Following XRP's rally beyond the $3.66 mark, ALL4 Mining has emerged as a major attraction among both retail and institutional investors. The platform offers a futuristic take on XRP mining by integrating AI automation, making mining more efficient, scalable, and accessible to non-technical users. Here's why ALL4 Mining is gaining popularity: AI-automated mining : No hardware or maintenance required. The system runs fully on the cloud. : No hardware or maintenance required. The system runs fully on the cloud. Flexible investment plans : Short and long-term contracts with instant returns. : Short and long-term contracts with instant returns. Low entry barriers : New users can start with minimal capital and even enjoy welcome bonuses. : New users can start with minimal capital and even enjoy welcome bonuses. No hidden fees: Zero gas, management, or withdrawal charges. These features make ALL4 Mining a preferred choice for XRP holders looking to grow their portfolios passively—especially in a market driven by smart AI technology and staking alternatives. While XRP's price climb excited the broader market, controversy brewed behind the scenes. Reports revealed that Ripple co-founder Chris Larsen transferred 50 million XRP—worth approximately $175 million—to exchanges during XRP's local high around $3.66. This sparked immediate backlash from the crypto community, accusing Larsen of "dumping" XRP on retail investors. ADVERTISEMENT Here's a breakdown of what happened: Timing scrutiny : The transactions occurred just as XRP reached multi-month highs. : The transactions occurred just as XRP reached multi-month highs. Exchange activity : A significant portion (~$140M) of the tokens were sent to centralized exchanges. : A significant portion (~$140M) of the tokens were sent to centralized exchanges. Community outrage : Crypto influencers and traders blasted the move as unethical, alleging insider profit-taking. : Crypto influencers and traders blasted the move as unethical, alleging insider profit-taking. Larsen's holdings: He still controls over 2.8 billion XRP, representing nearly 4.6% of the total circulating supply—a considerable concentration of power. The news of Larsen's massive XRP transfer sent immediate shockwaves through the market: ADVERTISEMENT XRP dropped by nearly 17% , falling from $3.66 to around $3.10 within days. , falling from $3.66 to around $3.10 within days. Short-term panic selling followed, driven by concerns over insider manipulation. followed, driven by concerns over insider manipulation. Calls for transparency intensified, with users demanding more responsible behavior from Ripple leadership. Many analysts believe that while such large token movements may be legal, they can destabilize investor sentiment and undermine trust, especially when not communicated transparently. Amid all the drama, Ripple's latest product—the RLUSD stablecoin—has been quietly gaining momentum, especially among retail users. ADVERTISEMENT The RLUSD (Real USD) stablecoin is designed to offer: Fast cross-border payments Dollar-pegged stability backed by reserves backed by reserves Compliance and regulatory transparency Built on the XRP Ledger, RLUSD is part of Ripple's broader push to expand its real-world utility beyond remittances—tapping into the booming stablecoin sector dominated by USDT and USDC. ADVERTISEMENT Recent adoption trends show retail traders and small businesses are using RLUSD for microtransactions, DeFi staking, and even payroll solutions, making it a rising competitor in the stablecoin ecosystem. XRP's recent breakout above $3.66 has caught the attention of traders worldwide. But after briefly touching this critical resistance level, the big question is whether the momentum can hold in the short run. According to analysts, XRP is expected to trade between $2.90 and $3.65 over the next few days: If bulls regain control and volume increases, XRP could retest the $3.55–$3.65 resistance , with a chance to move toward its 2018 high of $3.84 . , with a chance to move toward its 2018 high of . However, if sellers dominate or macro sentiment weakens, XRP may dip below $3.10 , potentially sliding toward $2.90 support. , potentially sliding toward support. Chart watchers are also pointing to a 'cup and handle' pattern, a bullish signal suggesting XRP could rise again once consolidation ends. Most experts agree this current pullback appears to be a healthy correction, not a crash—especially after the token surged over 25% in just a few weeks. Looking ahead to the remainder of 2025, expert forecasts for XRP are cautiously optimistic. Several key factors—including AI-powered cloud mining adoption, Ripple's institutional expansion, and broader crypto market trends—are expected to drive prices higher. Here's what analysts predict: Bitget analysts see XRP potentially reaching $5 by late 2025 , supported by increased enterprise adoption and stablecoin integrations. analysts see XRP potentially reaching , supported by increased enterprise adoption and stablecoin integrations. Legendary chartist Peter Brandt has projected a 60% rally , pushing XRP to around $4.47 in the coming months. has projected a , pushing XRP to around in the coming months. Bullish forecasts from crypto influencers and research groups even suggest a possible 500% gain, sending XRP toward $9 or higher, if global liquidity continues to favor altcoins. However, more conservative analysts are predicting XRP could remain in a $3.50 to $5.00 range unless major regulatory developments or institutional moves occur. When it comes to the long-term outlook for XRP, projections vary widely—but most experts agree that Ripple's expanding real-world utility gives XRP strong upside potential. Here are some notable long-term predictions: By 2026–2028 , analysts expect XRP to trade between $4.50 and $7.90 , assuming Ripple continues building partnerships across banking and cross-border payments. , analysts expect XRP to trade between , assuming Ripple continues building partnerships across banking and cross-border payments. By 2030 , bullish predictions from platforms like Telegaon and Changelly forecast XRP hitting between $19 and $48 , driven by global tokenized finance adoption and broader blockchain integration. , bullish predictions from platforms like and forecast XRP hitting between , driven by global tokenized finance adoption and broader blockchain integration. More cautious estimates from Binance and CoinCodex project XRP around $4 to $6 by 2030, aligning with modest market growth and baseline adoption. These forecasts reflect the growing belief that XRP could play a key role in the tokenization of global finance, particularly if Ripple gains further traction with central banks and payment processors. The recent price breakout above $3.66, coupled with growing excitement around AI cloud mining platforms like ALL4 Mining, highlights a renewed optimism around XRP. But the controversy surrounding Chris Larsen's $175M XRP transfer is a stark reminder that centralized token control can still cast a long shadow over decentralized ambitions. Meanwhile, Ripple's continued development—especially with the RLUSD stablecoin—signals its intention to expand XRP's relevance in both retail and institutional sectors. Here's a snapshot of XRP's short and long-term predictions based on the latest analysis: Timeframe Predicted Price Range Key Factors Next 7–10 days $2.90 – $3.65 Technical resistance, recent correction By end of 2025 $4.00 – $5.00+ Institutional adoption, AI cloud mining growth 2026–2028 $4.50 – $7.90 Ripple expansion, DeFi integrations By 2030 $19 – $48 (bullish case) Global tokenization, stablecoin infrastructure Conservative ~$4 average by 2030 Regulatory hurdles, slow adoption XRP's price momentum is drawing new investors into mining and staking alternatives. AI-driven platforms like ALL4 Mining are simplifying XRP mining for a wider audience. Leadership transparency remains a major concern after Larsen's token movement. RLUSD's growth suggests Ripple is serious about expanding its stablecoin footprint. Q1: What is the latest XRP price prediction for 2025? XRP is expected to reach between $4 and $5 by late 2025, depending on adoption and market trends. Q2: Why is Ripple co-founder Chris Larsen under fire? He moved $175M in XRP to exchanges just as the price peaked, sparking insider sell-off concerns. (You can now subscribe to our Economic Times WhatsApp channel) (Catch all the US News, UK News, Canada News, International Breaking News Events, and Latest News Updates on The Economic Times.) Download The Economic Times News App to get Daily International News Updates. NEXT STORY
Yahoo
5 days ago
- Business
- Yahoo
XRP Drops 14% After $175M Moved to Exchange by Ripple Co-Founder's Wallet
XRP slipped from last-week's record high as a wallet attributed to Ripple co-founder Chris Larsen made a number of large transactions. Between July 17 and July 24, the wallet transferred 50 million XRP, worth approximately $175 million. Some $140 million of that was directed to centralized exchanges, according to blockchain analyst ZachXBT. Transferring tokens to an exchange is widely interpreted as an intention to liquidate holdings for stablecoins or other tokens because large amounts are usually not stored on exchanges for a long time. The transactions occurred shortly after XRP touched a record $3.64 before pulling back to around $3. Neither Larsen nor Ripple has commented on the matter publicly. 'Wallets linked to Chris Larsen still hold over 2.81 billion XRP (worth $8.4 billion),' ZachXBT noted. That represents about 4.6% of XRP's total market cap. XRP is down over 14% in the past week, with the bulk of the losses coming from a liquidation cascade on Thursday that wiped out over $105 million in XRP long positions, the second-largest altcoin liquidation during a $735 million crypto market crash. The liquidations came as XRP dropped as much as10%, testing support in the $3.06–$3.10 zone before price stabilized near $3.08. Despite the price drop, traders and analysts are targeting the $6 mark in the medium term, as CoinDesk reported earlier this week.
Yahoo
5 days ago
- Business
- Yahoo
XRP Drops 14% After $175M Moved to Exchange by Ripple Co-Founder's Wallet
XRP slipped from last-week's record high as a wallet attributed to Ripple co-founder Chris Larsen made a number of large transactions. Between July 17 and July 24, the wallet transferred 50 million XRP, worth approximately $175 million. Some $140 million of that was directed to centralized exchanges, according to blockchain analyst ZachXBT. Transferring tokens to an exchange is widely interpreted as an intention to liquidate holdings for stablecoins or other tokens because large amounts are usually not stored on exchanges for a long time. The transactions occurred shortly after XRP touched a record $3.64 before pulling back to around $3. Neither Larsen nor Ripple has commented on the matter publicly. 'Wallets linked to Chris Larsen still hold over 2.81 billion XRP (worth $8.4 billion),' ZachXBT noted. That represents about 4.6% of XRP's total market cap. XRP is down over 14% in the past week, with the bulk of the losses coming from a liquidation cascade on Thursday that wiped out over $105 million in XRP long positions, the second-largest altcoin liquidation during a $735 million crypto market crash. The liquidations came as XRP dropped as much as10%, testing support in the $3.06–$3.10 zone before price stabilized near $3.08. Despite the price drop, traders and analysts are targeting the $6 mark in the medium term, as CoinDesk reported earlier this week. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
5 days ago
- Business
- Time of India
XRP price prediction: XRP is rising today, but can it stay above $3.66 as AI cloud mining booms — and why is Ripple's co-founder under fire over a $175M token dump?
Why are investors flocking to ALL4 Mining after XRP's breakout? AI-automated mining : No hardware or maintenance required. The system runs fully on the cloud. : No hardware or maintenance required. The system runs fully on the cloud. Flexible investment plans : Short and long-term contracts with instant returns. : Short and long-term contracts with instant returns. Low entry barriers : New users can start with minimal capital and even enjoy welcome bonuses. : New users can start with minimal capital and even enjoy welcome bonuses. No hidden fees: Zero gas, management, or withdrawal charges. Live Events Ripple co-founder Chris Larsen under fire for $175M XRP transfer near local highs Timing scrutiny : The transactions occurred just as XRP reached multi-month highs. : The transactions occurred just as XRP reached multi-month highs. Exchange activity : A significant portion (~$140M) of the tokens were sent to centralized exchanges. : A significant portion (~$140M) of the tokens were sent to centralized exchanges. Community outrage : Crypto influencers and traders blasted the move as unethical, alleging insider profit-taking. : Crypto influencers and traders blasted the move as unethical, alleging insider profit-taking. Larsen's holdings: He still controls over 2.8 billion XRP, representing nearly 4.6% of the total circulating supply—a considerable concentration of power. How did this XRP dump affect the market? XRP dropped by nearly 17% , falling from $3.66 to around $3.10 within days. , falling from $3.66 to around $3.10 within days. Short-term panic selling followed, driven by concerns over insider manipulation. followed, driven by concerns over insider manipulation. Calls for transparency intensified, with users demanding more responsible behavior from Ripple leadership. What's the latest on Ripple's RLUSD stablecoin? Fast cross-border payments Dollar-pegged stability backed by reserves backed by reserves Compliance and regulatory transparency What is the short-term XRP price prediction after crossing $3.66? If bulls regain control and volume increases, XRP could retest the $3.55–$3.65 resistance , with a chance to move toward its 2018 high of $3.84 . , with a chance to move toward its 2018 high of . However, if sellers dominate or macro sentiment weakens, XRP may dip below $3.10 , potentially sliding toward $2.90 support. , potentially sliding toward support. Chart watchers are also pointing to a 'cup and handle' pattern, a bullish signal suggesting XRP could rise again once consolidation ends. What are analysts saying about XRP's price for the rest of 2025? Bitget analysts see XRP potentially reaching $5 by late 2025 , supported by increased enterprise adoption and stablecoin integrations. analysts see XRP potentially reaching , supported by increased enterprise adoption and stablecoin integrations. Legendary chartist Peter Brandt has projected a 60% rally , pushing XRP to around $4.47 in the coming months. has projected a , pushing XRP to around in the coming months. Bullish forecasts from crypto influencers and research groups even suggest a possible 500% gain, sending XRP toward $9 or higher, if global liquidity continues to favor altcoins. What is the long-term XRP price prediction through 2030? By 2026–2028 , analysts expect XRP to trade between $4.50 and $7.90 , assuming Ripple continues building partnerships across banking and cross-border payments. , analysts expect XRP to trade between , assuming Ripple continues building partnerships across banking and cross-border payments. By 2030 , bullish predictions from platforms like Telegaon and Changelly forecast XRP hitting between $19 and $48 , driven by global tokenized finance adoption and broader blockchain integration. , bullish predictions from platforms like and forecast XRP hitting between , driven by global tokenized finance adoption and broader blockchain integration. More cautious estimates from Binance and CoinCodex project XRP around $4 to $6 by 2030, aligning with modest market growth and baseline adoption. What's next for XRP and the Ripple ecosystem? Is XRP a good investment right now? Timeframe Predicted Price Range Key Factors Next 7–10 days $2.90 – $3.65 Technical resistance, recent correction By end of 2025 $4.00 – $5.00+ Institutional adoption, AI cloud mining growth 2026–2028 $4.50 – $7.90 Ripple expansion, DeFi integrations By 2030 $19 – $48 (bullish case) Global tokenization, stablecoin infrastructure Conservative ~$4 average by 2030 Regulatory hurdles, slow adoption Key takeaways: XRP's price momentum is drawing new investors into mining and staking alternatives. AI-driven platforms like ALL4 Mining are simplifying XRP mining for a wider audience. Leadership transparency remains a major concern after Larsen's token movement. RLUSD's growth suggests Ripple is serious about expanding its stablecoin footprint. FAQs: (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel XRP price surged past $3.66, reigniting bullish sentiment across the crypto market. This breakout has not only renewed investor confidence in Ripple's native token but also triggered a notable shift in focus toward innovative platforms like ALL4 Mining, which is redefining the way users approach AI-powered cloud mining for investors rush to capture profits and passive income opportunities, the intersection of XRP's market momentum and emerging AI cloud mining platforms is creating new investment avenues that are gaining serious XRP's rally beyond the $3.66 mark,has emerged as a major attraction among both retail and institutional investors. The platform offers a futuristic take onby integrating, making mining more efficient, scalable, and accessible to non-technical whyis gaining popularity:These features make ALL4 Mining a preferred choice for XRP holders looking to grow their portfolios passively—especially in a market driven byWhile XRP's price climb excited the broader market, controversy brewed behind the scenes. Reports revealed that Ripple co-founder Chris Larsen transferred 50 million XRP—worth approximately $175 million—to exchanges during XRP's local high around $3.66. This sparked immediate backlash from the crypto community, accusing Larsen of "dumping" XRP on retail a breakdown of what happened:The news of Larsen's massive XRP transfer sent immediate shockwaves through the market:Many analysts believe that while such large token movements may be legal, they canand, especially when not communicated all the drama, Ripple's latest product—the—has been quietly gaining momentum, especially amongThestablecoin is designed to offer:Built on the XRP Ledger, RLUSD is part of Ripple's broader push to expand its real-world utility beyond remittances—tapping into thedominated by USDT and adoption trends showfor microtransactions, DeFi staking, and even payroll solutions, making it a rising competitor in the stablecoin recent breakout abovehas caught the attention of traders worldwide. But after briefly touching this critical resistance level, the big question is whether the momentum can hold in the short to analysts, XRP is expected to trade betweenover the next few days:Most experts agree this current pullback appears to be a, not a crash—especially after the token surged over 25% in just a few ahead to the remainder of, expert forecasts for XRP are cautiously optimistic. Several key factors—including AI-powered cloud mining adoption, Ripple's institutional expansion, and broader crypto market trends—are expected to drive prices what analysts predict:However, more conservative analysts are predicting XRP could remain in arange unless major regulatory developments or institutional moves it comes to the, projections vary widely—but most experts agree that Ripple's expanding real-world utility gives XRP strong upside are some notable long-term predictions:These forecasts reflect the growing belief that, particularly if Ripple gains further traction with central banks and payment recent price breakout above, coupled with growing excitement around AI cloud mining platforms like ALL4 Mining, highlights a renewed optimism around XRP. But the controversy surrounding Chris Larsen's $175M XRP transfer is a stark reminder that centralized token control can still cast a long shadow over decentralized Ripple's continued development—especially with the RLUSD stablecoin—signals its intention to expand XRP's relevance in both retail and institutional a snapshot of XRP's short and long-term predictions based on the latest analysis:XRP is expected to reach between $4 and $5 by late 2025, depending on adoption and market moved $175M in XRP to exchanges just as the price peaked, sparking insider sell-off concerns.
