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Ripple, the company behind XRPL and the XRP token development, will unlock 1 billion XRP on February 1, Saturday. At current prices, this unlock is worth $3.10 billion, of which Ripple could sell a fraction throughout the month. When XRP was launched in 2012, Ripple kept 80 billion of the supply out of circulation to itself, gradually selling some units, distributing it to the market. In 2017, the company implemented an escrow system to lock the still undistributed 55 billion XRP, with programmed monthly unlocks. This system remains to these days, as Ripple continues to unlock 1 billion XRP on the first day of every month, reserving a fraction (usually 20%) for its monthly sales and expenses, while re-locking the remaining tokens into new escrows for the following years. Picks for you $1,000 invested in XRP when Gary Gensler resigned is wo...

The Ondo Finance (ONDO) is leading this week’s token unlocks with a massive unlock of 1.94 billion ONDO. This amount is valued at nearly $2.50 billion at current prices, marking a significant dilution to its holders. So far, the Ondo Finance protocol has only unlocked 14% of all its 10 billion ONDO supply. The currently circulating 1.45 billion ONDO was achieved with a single unlock event of 1.43 billion ONDO on January 18, 2024, plus daily unlocks of 54,400 ONDO going on for a year. Today, on January 18, 2025, vesting contracts will unlock 1.94 billion ONDO, increasing its circulating supply by 134.21%. As of this writing, the unlocked amount is worth $2.42 billion, representing one of the biggest crypto unlocks ever. Picks for you Here’s how much the S&P 500 is up since Michael Burry said ‘Sell’ 2 min...

Dogecoin (DOGE), the popular meme-inspired cryptocurrency, remains one of the most intriguing coins in the market as investors speculate on its ability to rally to $1 by 2025.  While DOGE has delivered impressive gains over the past year, the road to $1 is paved with significant hurdles, largely due to its inflationary supply mechanics and high market cap requirements. Currently trading at $0.32, Dogecoin has seen a 21.26% decline in the last week and a 26.51% dip over the past month. However, it remains up by 238.47% year-over-year, showcasing its long-term resilience.  Picks for you R. Kiyosaki blasts 'Bitcoin cry babies' as BTC price drops 48 mins ago MicroStrategy buys Bitcoin price top at $106k, already down 12% ...

Amid reports that silver price is quietly outpacing gold in 2024, having increased its value by over 20% since the year’s turn and settling at $28.7 per troy ounce after hitting $30 an ounce for the first time since May 2021, there are two tokenized silver cryptocurrencies that can offer exposure to it. As it happens, the silver price has recently hit its highest level in the last eleven years (albeit still well below its all-time high of $47.9 from April 2011), increasing not only the demand for the precious metal but also digital assets backed by physical silver, although there aren’t many of them out there. Silver price 5-year chart. Source: TradingView #1 tSILVER (TXAG) Specifically, one of the most notable silver-backed crypto assets is Aurus’ tSILVER (TXAG), a silver-backed stablecoin on the Ethereum (ETH) blockchain minted by a network of traders from the traditional precious metals market and 1:1 collateralized by 1 gram of 99.99% LBMA-accredited silver. Picks for...