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Ripple CTO: XRP Will Replace the Dollar as the World's Reserve Currency

In recent Twitter Spaces titled "What happened to XRP," Ripple's chief technology officer David Schwartz said, "One crazy assumption I have about digital assets is whether countries are aware that the US dollar will not always be a reserve currency."

Report: XRP Fell More Than 25% in August Due to Huge Selling Pressure From Exchanges Such As Upbit and OKX

According to a new report from cryptocurrency market data provider Kaiko, after a US court ruled that Ripple's XRP was not a security in secondary market trading, XRP saw a rise in July but was unable to maintain the momentum. 

Data: 29,700,000 XRP Transferred From Unknown Wallet to Bitstamp

According to Whale Alert data, at 02:55 today, 29,700,000 XRP ($15,040,591) was transferred from an unknown wallet to Bitstamp.

XRP Lawyer John E. Deaton Highlights "Hypocrisy" of SEC's Inconsistent Positions in Ripple Lawsuit

The SEC's arguments in its enforcement actions against crypto companies have been criticized by judges as "arbitrary and capricious" and "hypocritical." XRP lawyer John E. Deaton has highlighted the SEC's inconsistency and hypocrisy, which has been noticed by federal judges and both chambers of the U.S. Congress.

Data: Ripple unlocks 200 million XRP

Data shows that at 8:00 a.m. Beijing time today, Ripple unlocked 200,000,000 XRP (worth about $102,149,352).

XRP Price Sees Bulls After Grayscale Victory, as Whale Alert Reports Transfer of 31 Million XRP from Ripple to Unknown Wallet

Whale Alert has reported a transfer of 31 million XRP, worth $16.5 million, from Ripple to an unknown wallet. Another transfer of 27.6 million XRP was made from an unnamed wallet to Bitstamp, a major cryptocurrency exchange. Despite bearish sentiment across the cryptocurrency market, XRP has seen promising price gains within the last 24 hours, trading at $0.5335 with an almost 3% increase, partially due to Grayscale's recent court victory over the SEC. The outcome of the SEC v. Ripple lawsuit will continue to impact XRP's trajectory.

South Korean Prosecutors Will Apply To Add the XRP Judgment of the US Court as Evidence

According to the pre-appeal meeting of Terraform Labs co-founder Daniel Shin at the Seoul Southern District Court, the Korean prosecution plans to apply for the New York Southern District Court's ruling on the virtual currency securities attribute as additional evidence.

28,400,000 XRP moved from unknown wallet to Bitstamp

Data shows that at 03:15 on August 28th (Beijing time), 28,400,000 XRP (worth about $14,921,752) was transferred from an unknown wallet to Bitstamp.

Cryptocurrency Analyst: XRP Has Resurrected Interest After BRICS Decided to Ditch the Dollar and Adopt an Alternative Payment System

cryptocurrency analyst A Chain of Blocks stated that XRP has regained people's interest after the BRICS countries decided to abandon the US dollar and adopt alternative payment systems. The popularity of BRICS countries has increased due to the severe economic situation in the United States, and now more countries are requesting to join. As of the last summit of the organization, more than 20 countries, including Saudi Arabia and the United Arab Emirates, have expressed interest in becoming members. Most member countries see XRP as a viable global payment option, which can facilitate transactions between member countries. 

One address transfers 29 million XRP to Bitstamp

Whale Alert has announced that an address has transferred 29,300,000 XRP worth $15.13 million to the Bitstamp exchange. This information indicates that the address may be selling its XRP assets, as just a few hours earlier it transferred 14 million XRP to Bitso.