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Ripple is scheduled to unlock 1 billion XRP tokens from escrow tomorrow, August 1, as part of its standard monthly release process.  The token is currently trading at $3.17, with a market capitalization of $187.72 billion, and approximately 59.23 billion XRP in circulation (out of a 100 billion max supply). XRP price and volume movements XRP’s price has retracted from a monthly high of around $3.66 in late July, moving back to its present level of $3.17. The drop appears to reflect profit-taking and short-term speculator exits, rather than fundamental weakness; other major assets like Bitcoin and Ethereum declined by only 2–3% over the same timeframe, making XRP’s retracement more pronounced in relative terms. On July 30, XRP trading volume slipped modestly compared to earlier peaks, while analysts noted heightened whale activity, with more than 70 million XRP moving from dormant wallets, signaling accumulation from large holders.  Ripple unlock mechanics ...

Samourai Wallet developers Keonne Rodriquez and William Lonergan Hill have pleaded guilty to unlicensed money transmission in the Southern District of New York today. The money laundering charge, which the two developers were also indicted on, will be dropped. These pleas were part of deals between the two bitcoin mixer developers and the government. Who are Samourai Wallet’s Keonne Rodriguez and William Lonergan Hill? Read more: What to do if you’ve used Samourai Wallet According to reporting from The Rage, Rodriguez was ordered to pay a $250,000 fine, and Hill was ordered to pay a $400,000 fine. Additionally, approximately $6 million will be paid against a $237 million judgement. The Samourai defendants agreed not to appeal any prison sentence of five years or less. Final sentencing procedures will start November 6, 2025. This case has drawn further attention to the ongoing Tornado Cash criminal prosecution. In May, the government filed a lette...

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While BlackRock’s Bitcoin (BTC) and Ethereum (ETH) moves continue to draw the most attention, one of its lesser-known assets has been quietly stealing the spotlight. According to wallet-tracking data on Arkham Intel , SPX6900 (SPX), a satirical meme coin poking fun at the S&P 500, is now the third-largest holding in the fund’s crypto portfolio, behind only BTC and ETH.  BlackRock crypto holdings. Source: Arkham The meme coin surged to a new all-time high of $2.27 on Monday, July 28, becoming the number one coin in terms of performance in the past 90 days. Even more impressively, SPX has soared more than 80,900,000% since its 2023 debut, and technical indicators still show strong momentum.  Top 100 coins performance over 90 days. Source: @0xSweep SPX price analysis SPX is currently trading at $2.13, down 5.89% in the past 24 hours but up just over 10% over the last week. With a market cap of $1.98 billion and around $94.28 million in daily t...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...