Crypto News

Rising Confidence Among Institutional Investors The recent spike in XRP purchases by Ripple's whales, or the top 1% of XRP holders, suggests a growing belief in the long-term potential of the digital asset. This trend is particularly noteworthy given the ongoing legal battle between Ripple and the SEC, which has created uncertainty and volatility in the market. Despite this, institutional investors continue to show interest in XRP, with several large-scale purchases being made in the past few weeks. This not only speaks to the confidence in Ripple's asset but also to the resilience of the crypto market as a whole. Big Players Betting on XRP's Future In addition to Ripple's whales, other major players in the crypto space have also been increasing their XRP holdings. Grayscale, the world's largest digital asset manager, recently added over 12 million XRP to their portfolio, bringing their total XRP holdings to over 33 million. This move not only shows their con...