China News Today Official TheBitTimes.com

XRP surged 6% from $0.52 to $0.55 per token in the last 24 hours during the most recent bull rally in the cryptocurrency market.  This event created an excellent opportunity for Ripple to move another 70 million XRP ($38.5 million ) in preparation for what could be another possible sell-off. As for context, Ripple unlocked 1 billion XRP tokens on October 1, of which the company kept 200 million for this month’s payments. From the 200 million tokens, Ripple moved 135 million in two batches of 60 million on October 10, and 75 million on October 16. Notably, this most recent activity uses 65 million XRP from October’s escrow, while also using 5 million from the previous balance in the company’s main crypto wallet address (Ripple 1). Cryptocurrency Official: Judge drops charges against Ripple executives Cryptocurrency Ripple v. SEC: What’s next for the case? Cryptocurrency The end: Ripple v. SEC final court case update ...

Celsius Network, which filed for bankruptcy in 2022, is selling its crypto holdings as the broader market recovers, partly due to Ripple’s win against the US Securities and Exchange Commission (SEC). Data provided by Lookonchain shows that Celsius has already sold roughly $23.5 million worth of cryptocurrencies — including $8.5 million of chainlink (LINK), $7.84 million of synthetix (SNX), $3 million of BNB, $2.26 million from 1inch (1INCH), and $1.9 million worth of ox protocol (ZRX).  Notice that #Celsius started selling altcoins. 1.27M $LINK ($8.5M), 2.83M $SNX ($7.84M), 12,597 $BNB ($3M), 4.45M 1INCH ($2.26M), 8.53M $ZRX ($1.9M), and 439K $FTX ($713K) were transferred to #FalconX. And 186,149 $BONE ($235K) was deposited into #OKEx.https://t.co/Auf2S9Z2Z5 pic.twitter.com/Dbznr0w3Le — Lookonchain (@lookonchain) July 17, 2023 Moreover, screenshots shared by the data provider also suggest that Celsius has deposited almost 439,000 FTT, worth $713,000, to FalconX. I...