According to a Twitter thread by 8BTC news outlet, which covers crypto and blockchain news events in China, approximately $78.5 million worth of Bitcoin has been sold by crypto miners in the past week. Stablecoins are assets that have price stability characteristics that make it suitable for short-term and medium-term https://apnews.com/press-release/pr%2520newswire/technology-chicago-blockchain-6670fda24e721c0d2241e71dd6a37cbf use as a unit of account and store of value, often pegged to a national currency. Despite the enticing offering, the minister noted at the time that he did not believe many El Salvadorians would be interested. However, the government has no plans to force people into adopting Bitcoin as a legal tender.
Why cant I cash out my XRP on Coinbase?
#2 Wallet Investor. The Wallet Investor website is positive about XRP in 2025. The average price will stay above $2 during the year. There is a chance it will surge to $2.6 at the end of December 2025.
This makes CEX.IO an even more reliable partner, as you know that you can get the service from almost anywhere. At the same time, CEX.IO can be proud that the website is uptime most of the time. You can be sure that you will easily be able to exchange XRP to BTC or the reverse at any time. Further, even when you have questions, would like to clarify some information, or to tell the team about any issues, you will enjoy 24/7 availability of the support team. Our support works around the clock to ensure that all your queries are resolved in the shortest time possible and with the highest quality. If you are looking for opportunities to get some Ripple or to convert it into Bitcoin, choose CEX.IO as a trading platform. With it, you will gain easy access to cryptocurrency trading around the world and constant website availability.
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When trading the coin against BTC, you can also take advantage of the transparent BTC to XRP charts. They will help you indentify how popular the trading pair is and how its prices have moved within a specific period. Analyzing the mentioned price changes, you will be able to identify the best moment to buy or sell the coin. The main thing here would then be to pick the right moment to later benefit from the purchase. Even if you need XRP to pay with them rather than to use them as an investment tool, you will get a chance to buy some Ripple at the best rate possible and receive the most benefits. If you would like to perform any trading operation with the XRP/BTC trading pair, CEX.IO is the best variant to choose. The platform delivers its services in most countries around the world, which opens opportunities provided by the Ripple platform to a large number of people.
Overall, they have sent 1,570 Bitcoins to crypto exchanges to lock in some profits and convert BTC to cash to cover their operational and living expenses. If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices. If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. xrp to btc converter Earlier today, approximately $28.98 million worth of Bitcoin longs was closed in around an hour. The retracement took place despite the bullish news of Bitcoin becoming a legal tender in El Salvador, for technical reasons. According to tech indexes, like the Relative Strength Index, the Bitcoin market is overbought at the moment. The former Huobi Global, mainly provides trading of mature and well-performing blockchain assets with high quality.
Miners Sold 1,570 Btc At $50,000 Recently: Report
Among the crypto currencies that have entered the market not so long ago, Ripple has promptly attracted attention of crypto traders worldwide. For many, it feels like the currency powering Ripple payment system has high potential, especially considering its underlying technology and Ripple’s current partnerships with world-famous businesses. With the popularity of XRP and its relatively low price , it is natural that many people have started looking for opportunities to buy the new coin and contribute to the development of a brand new payment system. With CEX.IO, you will be able to do so, no matter what your reason is for exchanging BTC to XRP. The reverse transaction, which involves exchanging https://www.morningstar.com/news/pr-newswire/20210907ph94028/beaxy-taps-blockdaemon-for-node-infrastructure XRP for BTC, is simple on CEX.IO as well. Interestingly, the poster suggested that members should purchase $30 worth of fiats because it is the amount of BTC the government is planning to airdrop to citizens who sign up for the country’s digital wallet dubbed Chivo. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. The miners managed to sell their BTC while Bitcoin held at the $50,000 peak between Sept. 3 and 5. After that, the flagship cryptocurrency rose to the $52,000 zone and, by now, has declined a little to the $51,000 price mark.
Will Cardano reach $100?
Bithumb does not prohibit US-investors from trading on its exchange. In any event, all US-investors should still do their own independent analysis of any problems arising from their residency or citizenship.
On CEX.IO you can benefit from simple navigation, and a platform that is easy-to-use even for newcomers. The necessary information can be accessed on the website, and all the interface titles are transparent enough to understand what can be done where. We offer a service that allows you to convert Ripple to BTC as well as to fiat money. You just need to find the trade page, choose Ripple as the base currency, and choose a pair you would like to trade.