Skip to content
Herald Sheets

Herald Sheets

Live Cryptocurrency News

Follow Herald Sheets on Twitter,Β Facebook,Β Telegram,Β Please Read Our Disclaimer

  • Homepage
  • Start Trading
  • Guide
  • Crypto News
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Ripple (XRP)
    • Dogecoin (DOGE)
    • Cardano (ADA)
    • Litecoin (LTC)
  • Analysis
  • Blockchain
  • Mining
  • Reviews
    • Brokers
    • Exchanges
  • Regulation
  • Press Release
  • About Us
    • Contact Us
    • Privacy Policy
    • Submit Press Release
  • Disclaimer
  • Cryptocurrency
  • News
  • Ripple (XRP)

1 Billion XRP Unlocked from the Escrow at Ripple Escrow Wallet

Tobi Loba January 1, 2020 2 min read
1 Billion XRP Unlocked from Escrow at Ripple Escrow wallet

Ripple, the cross-border payment company that oversees the distribution of XRP has indicated to have already started business as usual in the wake of the new year 2020 with 1 billion XRP (worth $192,008,050 at press time) recently unlocked from the escrow at Ripple Escrow wallet.


trade now

According to Whale Alert, the Live tracker of large cryptocurrency transactions from and to exchanges for various digital currencies, the transaction took place on Wednesday, 1st January 2020, at 00:35:21 UTC.

πŸ”“ πŸ”“ πŸ”“ πŸ”“ πŸ”“ πŸ”“ πŸ”“ πŸ”“ πŸ”“ πŸ”“ 1,000,000,000 #XRP (192,008,043 USD) unlocked from escrow at Ripple Escrow wallet

Tx: https://t.co/ifOGHFVSbD

— Whale Alert (@whale_alert) January 1, 2020

Ripple has consistently defended its intention to unlock such a huge amount XRP from its escrow in the past. Earlier than now, Ripple had consistently been criticized after such a voluminous transaction on the first day of the month, but the blockchain tech has always defended its usual action, claiming it has no impact on the price of the digital token XRP.

Is SWIFT/Coda Preparing to Use XRP?

This finding was recently hinted by a crypto enthusiast identified on Twitter as The Bearable Bull. In his tweet, he signified line 40 from the code he captioned with the tweet.

He said, β€œLine 40… SWIFT/Corda is prepped to use XRP AT ANY MOMENT. This is about to get interesting.”

πŸ”“ πŸ”“ πŸ”“ πŸ”“ πŸ”“ πŸ”“ πŸ”“ πŸ”“ πŸ”“ πŸ”“ 1,000,000,000 #XRP (192,008,043 USD) unlocked from escrow at Ripple Escrow wallet

Tx: https://t.co/ifOGHFVSbD

— Whale Alert (@whale_alert) January 1, 2020

XRP and Other Cryptocurrencies in the Market

The cryptocurrency market has not made significant loss or gain for quite some days due to the price growth reluctance incessantly experienced by the top digital currencies, especially the first largest cryptocurrency by market capitalization, Bitcoin (BTC), Ethereum (ETH) and Ripple’s digital token XRP.

At the time of filing this report, XRP is trading at $0.193605, with a 0.06% price upsurge in the last 24 hours.

Many crypto analysts have foreseen great fortune for the majority of top coins in 2020. Some of them attached their claims with the upcoming Bitcoin halving, an event expected to greatly enhance the growth of BTC in terms of price.

There are claims that other cryptocurrencies would also benefit from this event due to the historical impact of the periodic halving of Bitcoin on other digital currencies.

Trade Now

HeraldSheets.com produces top quality content for crypto companies. We provide brand exposure for hundreds of companies. All of our clients appreciate our services. If you have any questions you may contact us easily with Herald Sheets Facebook Messenger App. Cryptocurrencies and Digital tokens are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by our authors and the views expressed in them do not reflect the views of this website. Herald Sheets is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. Read full terms and conditions / disclaimer.

Continue Reading

Previous: TronWallet 3 Released with Full Bitcoin Support, TRX to BTC Swap
Next: TronWallet 3.0.13 Comes with Major Hotfixes, will be Live Shortly on iOS and Google Play

Related Stories

Polkadot (DOT): What Latest ‘Busy’ Efforts Mean for Investors
2 min read
  • Blockchain
  • Cryptocurrency
  • News
  • Polkadot (DOT)
  • Price Analysis
  • Web3

Polkadot (DOT): What Latest ‘Busy’ Efforts Mean for Investors

August 7, 2022
Crypto Exchange Gaia Co. Is All Set To Launch Crypto ATMs In Osaka And Tokyo
3 min read
  • Crypocurrency Exchanges News and Reviews
  • Cryptocurrency
  • News

Crypto Exchange Gaia Co. Is All Set To Launch Crypto ATMs In Osaka And Tokyo

August 6, 2022
Australian Victorian Police To Get New Powers To Freeze Crypto From Criminals
3 min read
  • Cryptocurrency
  • News
  • Regulation

Australian Victorian Police To Get New Powers To Freeze Crypto From Criminals

August 6, 2022

Top 10 Crypto

Name Price24H (%)
bitcoin
Bitcoin (BTC)
$24,133.00
5.04%
ethereum
Ethereum (ETH)
$1,773.68
5.19%
tether
Tether (USDT)
$1.00
-0.21%
usd-coin
USD Coin (USDC)
$1.00
-0.26%
binancecoin
BNB (BNB)
$330.00
5.76%
ripple
XRP (XRP)
$0.382742
2.79%
cardano
Cardano (ADA)
$0.55
5.51%
Binance USD
Binance USD (BUSD)
$1.00
-0.13%
polkadot
Polkadot (DOT)
$9.31
10.13%
dogecoin
Dogecoin (DOGE)
$0.071016
3.59%

Recent Posts

  • Zero-Knowledge Proofs – All You Need To Know
  • Polkadot (DOT): What Latest ‘Busy’ Efforts Mean for Investors
  • How to Earn Passive Income via DeFi
  • Crypto Exchange Gaia Co. Is All Set To Launch Crypto ATMs In Osaka And Tokyo
  • Australian Victorian Police To Get New Powers To Freeze Crypto From Criminals
  • FXCC Review – Is FXCC Scam or Satisfactory as a Broker?
  • Shiba Inu: SHIB’s Burn Rate and Binance Factor to Zero in On
  • GMPortal Review – Is GMPortal Scam or a Proper Broker?
  • Bitech Max Review – Is Bitech Max Scam or a Proper Broker?
  • Ellis and Burlington Review 2022 (ellisandburlington.com) – Should You Consider This Recovery Company?
  • Everything You Need To Know About Ethereum Classic (ETC)
  • TRON’S July Performance: Was It Impressive?
  • What is Metaverse Index (MVI)? A Beginner’s Guide
  • Ledger Seeks Additional $100M In Funding
  • Binance Account Bound Token Aims At KYC User Credentials

Categories

You may have missed

Zero-Knowledge Proofs – All You Need To Know
11 min read
  • Blockchain
  • Guide

Zero-Knowledge Proofs – All You Need To Know

August 8, 2022
Polkadot (DOT): What Latest ‘Busy’ Efforts Mean for Investors
2 min read
  • Blockchain
  • Cryptocurrency
  • News
  • Polkadot (DOT)
  • Price Analysis
  • Web3

Polkadot (DOT): What Latest ‘Busy’ Efforts Mean for Investors

August 7, 2022
How to Earn Passive Income via DeFi
11 min read
  • DeFi (Decentralized Finance)
  • Guide

How to Earn Passive Income via DeFi

August 7, 2022
Crypto Exchange Gaia Co. Is All Set To Launch Crypto ATMs In Osaka And Tokyo
3 min read
  • Crypocurrency Exchanges News and Reviews
  • Cryptocurrency
  • News

Crypto Exchange Gaia Co. Is All Set To Launch Crypto ATMs In Osaka And Tokyo

August 6, 2022
Copyright © All rights reserved. | DarkNews by AF themes.
  • RelevantRelevant(REL)$0.825.35%
  • TadpoleTadpole(TAD)$7.32-1.74%
  • SEENSEEN(SEEN)$2.05-2.27%
  • EvedoEvedo(EVED)$0.082301-0.80%
  • MarginswapMarginswap(MFI)$0.184213-2.11%
  • SakeTokenSakeToken(SAKE)$0.0127135.28%
  • WTF TokenWTF Token(WTF)$0.0113500.17%
  • BNSD FinanceBNSD Finance(BNSD)$0.005461-5.83%
  • RobotinaRobotina(ROX)$0.00266138.50%
  • CageCage(C4G3)$0.005010-3.67%