Latest Ripple News
Margins are tight, and after a five-month stint at second, XRP is back to third. Despite high volume activities which XRP and Ripple sleuths point to “abnormal” movement of coins to Ripple owned Escrow addresses. For example, on Jan 1, 2.9 billion worth of XRP worth $1.1 billion at market prices were moved to several OTC Distribution and Escrow wallets for mere cents.
As expected, movements of such magnitude can be a cause of speculation and even unfounded hype—rumor now has it that Ripple is on the verge of striking yet another partnership. However, note that Ripple offers escrow services. It is on top of the decentralization plan in place.
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