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Ripple’s escrow program, set in motion in 2017, sees up to 1 billion XRP unlocked on the first day of each month, with unused tokens typically re-escrowed.  Today, September 1, is no exception, with Ripple unlocking around $2.76 billion worth of the cryptocurrency (approximately 1.68% of the total supply). However, if the historical pattern continues, we’ll most likely see around 700 million tokens re-escrowed, meaning the effective net addition will be closer to 300 million XRP, valued near $861 million (some 0.50% of the supply). Ripple September XRP unlock August marked a rare deviation in Ripple’s escrow schedule when the standard 1 billion XRP release failed to appear on-chain. The uncertainty ended on August 9, when three separate escrow releases (500 million, 100 million, and 400 million XRP) were executed in quick succession and flagged by Whale Alert. In anticipation of the September release, the market was speculating whether the government mi...

Ripple’s XRP coin has seen a substantial dip over the last few days. The coin is down 3.7% in the daily charts and 10.2% in the weekly charts. XRP’s price correction comes just ahead of the Federal Open Market Committee (FOMC) meeting scheduled for later today. Investors may be taking a cautious step in case of a hawkish stance from the Federal Reserve. Despite the downtrend, XRP is still up by 10.5% in the 14-day charts, 43.8% in the monthly charts, and 417.6% since July 2024, as per CoinCodex XRP data. Source: CoinGecko Will XRP Recover From The Dip After The FOMC Meeting? Source: Watcher.Guru The market may face some volatility leading up to the FOMC meeting later today. Investors will likely look for clues about the Federal Reserve’s next monetary policy before taking risky positions. The CME FedWatch tool indicates a 96.9% chance that the Federal Reserve will keep interest rates unchanged. The absence of a rate cut could negatively impact retail investors. The mov...

Earlier today, rumors circulated on social media of a covert bitcoin (BTC) mining operation at the US Department of Defense (DoD). Sparked by a claim from a worker at BTC ATM company Byte Federal and amplified by Jason Lowery, screenshots of posts from notable investors like Michael Saylor, Matthew Pines, and David Bailey alluded to vague, upcoming, “big” federal developments. The unsubstantiated rumor took flight despite flimsy evidence, earning hundreds of thousands of impressions. I think the DoD is going to start mining bitcoin. pic.twitter.com/hsvTNwfwUr — Michelle Weekley (@michelleweekley) March 17, 2025 On March 6, 2025, President Donald Trump established a Strategic Bitcoin Reserve and another Digital Asset Stockpile. Neither involve mining. However, Trump has previously expressed support for BTC mining , including during last summer’s presidential campaign trail. “BTC mining may be our last line of defense against a CBDC. Biden’s ha...

Elon Musk is all set to assume official duties of the D.O.G.E. department. The Department of Government Efficiency is a leading section under Trump’s regime, which will soon be responsible for moderating governmental expenses and budgeting. However, Musk is making headlines primarily due to his close association with Dogecoin and how his D.O.G.E. departmental duties could push DOGE to claim new highs. Here’s how Musk D.O.G.E duties can directly impact the token post-January 20th, 2025. Also Read: Chainlink: Whales Buy $20M in LINK as Market Recovery Has $38 in View 3 Ways D.O.G.E. Proceedings May Influence Dogecoin 1. By Promoting The Token For Governmental Transactions Source: Crypto News Flash Dogecoin has always been a key highlight for Elon Musk. There are multiple instances throughout where Musk has mentioned Dogecoin officially, expressing his desire to add the token on multiple public platforms under Musk’s leadership. However, now that Musk is set to assume a new pol...

If you're interested in cryptocurrency, you've probably noticed that the price of many digital assets can be highly volatile. This can make it challenging to use cryptocurrency as a means of exchange or as a store of value. Rebase tokens, also known as elastic tokens, seek to offer a solution to this problem.  In this article, we'll explore what rebase tokens are, how they work, and whether or not they might be a good investment for you.  What Are Rebase/Elastic Tokens? Rebase tokens are a type of cryptocurrency that adjusts their supply to maintain price stability. This is in contrast to traditional cryptocurrencies, which have a fixed supply determined at the time of their creation. Rebase tokens achieve price stability through a process known as a "rebase," which is triggered at regular intervals (e.g., every 24 hours). During a rebase, the supply of the token is adjusted based on a predetermined formula.  For example, if the demand for a re...