In a surprising move designed to grab attention, Ripple, the US-based cross-border payments firm, was recently displayed on the advertisement board at an English Premier League (EPL) football arena. This is seen by many crypto enthusiasts as a means to set the stage for XRP in the United Kingdom. The placement of Ripple’s brand logo and name around the corners of the football pitch during a high-profile game has drawn the excitement and support of the enthusiastic XRP community. Prominent crypto influencer Amelie took to X to highlight the Ripple advertisement witnessed during the Bournemouth versus Arsenal match on Saturday. The presence of the advertisement at such an unconventional location, while capturing the attention of football fans, has also extended Ripple’s reach to a vast audience. The sighting of the Ripple Ad sparked a wave of positive reactions from XRP enthusiasts and supporters. Many expressed bullish sentiments towards XRP, considering Ripple’s marketing efforts directed at potential retail users. This has made the community to be more optimistic about XRP’s potential as a game-changer in the global financial landscape. One enthusiastic crypto trader shared, “Exciting to see Ripple’s presence in the EPL game! XRP potential is intriguing.” Brett Hill, administrator of xSTIK, an NFT project based on the XRP Ledger (XRPL) blockchain, joined in expressing confidence in XRP’s future value amid Ripple’s endeavors. Hill urged others to join the global financial revolution and become XRP holders, describing it as the ultimate game-changer. This recent advertisement is not the first time that Ripple has targeted an unexpected audience. In June, Ripple placed a billboard opposite the entrance of the US Securities and Exchange Commission (SEC) head office in Washington, DC. The cleverly worded billboard aimed to promote Ripple’s mission of building a better future for finance. Similarly, in October 2022, image ads displayed Ripple in different sections at the World Trade Center in New York City, with inscriptions such as “Crypto means business”, “Shift your business to carbon neutral”, “Swift isn’t fast enough”, “Move values across borders instantly with Ripple’s crypto solution for business”, and others. The strategic ad placement at the EPL football arena, alongside Ripple’s previous endeavors, illustrates the company’s determination to expand its presence and raise awareness of its business built around blockchain technology. *Disclaimer: This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader. #Ripple #XRP $XRP

Ripple, the company behind the XRP cryptocurrency, unlocked over $500 million worth of XRP from escrow today. Specifically, Ripple unlocked 400 million XRP ($205.9 million), 100 million XRP ($51.5 million), and 500 million XRP ($257.4 million), as reported by Whale Alert on X (Twitter). This massive unlocking of XRP from escrow could have major implications for the cryptocurrency’s price and role in Ripple’s plans. Here are some potential scenarios: Ripple could sell the newly released XRP on exchanges, potentially putting downward pressure on XRP’s price as supply increases. This could allow Ripple to raise capital to fund its ongoing operations and investments.Ripple might choose to hold the newly unlocked XRP in reserve. This would avoid negative short-term pricing impacts but give Ripple a stockpile of XRP to potentially sell or use at a later date.Some of the unlocked XRP could be used to provide liquidity incentives for market makers to improve XRP trading volume and availability. More robust trading activity could support longer-term price stability.Ripple may plan to distribute some of the newly unlocked XRP to institutional clients to increase adoption for usage in cross-border payments and remittances. Higher adoption could improve XRP’s utility and value proposition over the longer term.Ripple might burn a portion of the unlocked XRP to permanently decrease supply and potentially affect XRP’s price. Of course, these scenarios are purely speculative, and it remains to be seen what Ripple will actually do with the newly unlocked funds The massive scale of these unlocked funds gives Ripple considerable flexibility. But the company’s choices will undoubtedly impact XRP’s volatile price. Ripple’s next moves are sure to be closely watched by investors and observers across the crypto industry. #ripple #XRP $XRP

What are the best Altcoins to buy now? The list of top 5 alt coins expected to surge this month. Find out more. Navigating the vast world of cryptocurrency can be challenging. With October 2023 now upon us, understanding the market's potential big players is essential. This blog delves into five cryptocurrencies that are catching attention this month, based on recent market trends and movements. Join us for an insightful exploration to stay informed in this ever-changing digital finance landscape.  Stellar (XLM) Stellar (XLM) is a cryptocurrency and decentralized payments platform that aims to facilitate cross-border transactions quickly, cheaply, and securely. XLM is the native token of the Stellar network. The outlook for Stellar's price in October 2023 is mixed. On the one hand, the overall cryptocurrency market is expected to remain bullish in October, which could support XLM's price. Additionally, Stellar has a number of strong fundamentals, including its fast and cheap transaction fees, its focus on compliance, and its growing partnerships. On the other hand, Stellar is facing increasing competition from other cryptocurrency and cross-border payment platforms. Additionally, the ongoing bear market has weighed on the price of all cryptocurrencies, including XLM. In Septemeber, Stellar had two announcements. First, the Stellar Development Foundation announced that it is partnering with MoneyGram to launch a new pilot program that will allow users to send and receive USDC remittances via the Stellar network. On September 29, 2023, the Stellar Development Foundation announced that it is launching a new $10 million fund to support the development of new projects on the Stellar network. Factors that could support XLM's price in October 2023 include Stellar's strong fundamentals, including fast and cheap transaction fees, a focus on compliance, and growing partnerships; increased adoption of Stellar by exchanges and wallets. New developments on the Stellar network, such as the launch of smart contracts.  Stellar (XLM) Price Prediction Overall, Stellar's price is likely to trade in a range between $0.11 and $0.13 in October 2023. However, it is important to note that cryptocurrency prices are notoriously volatile and unpredictable, and XLM's price could move outside of this range. Kaspa (KAS)  Kaspa (KAS) is a relatively new cryptocurrency that has been gaining traction in recent months. It is a proof-of-work coin that uses a unique consensus protocol called GHOSTDAG. Kaspa is known for its fast transaction speeds, low fees, and focus on decentralization. There are a number of factors that could support Kaspa's price in October. First, the overall cryptocurrency market sentiment is expected to remain positive. Second, Kaspa has a number of strong fundamentals. Its GHOSTDAG consensus protocol is more efficient than traditional proof-of-work protocols, and Kaspa is also focused on decentralization. This makes Kaspa an attractive investment option for many cryptocurrency investors. Third, Kaspa is being adopted by more and more exchanges and wallets. This is increasing Kaspa's accessibility and liquidity, which could lead to higher prices. Finally, Kaspa's team is working on a number of new developments, including a smart contract platform and a privacy layer. These developments could make Kaspa more attractive to investors and users, and could lead to higher prices in the future. Kaspa (KAS) Price Prediction: The Kaspa price forecast for October 2023 is generally bullish. The average prediction is that KAS will trade between $0.034 and $0.04, with an average price of around $0.037. However, some analysts believe that KAS could reach as high as $0.05 by the end of the month.  Hedera (HBAR)  Hedera Hashgraph (HBAR) is a distributed ledger technology (DLT) platform that is designed to be fast, secure, and scalable. It uses a unique consensus mechanism called asynchronous Byzantine Fault Tolerance (aBFT), which allows it to achieve high transaction speeds and low fees. Hedera has a number of strong fundamentals. Its aBFT consensus mechanism is more efficient and scalable than traditional proof-of-work and proof-of-stake protocols. Hedera is also focused on enterprise adoption, and it has a number of partnerships with major companies such as Google, IBM, and LG. Third, Hedera is constantly innovating and adding new features to its platform. This includes the recent launch of its smart contract platform, Hedera Token Service, and Hedera Consensus Service. These new features make Hedera more attractive to a wider range of users and developers. Hedera Hashgraph (HBAR) Price Prediction The Hedera price forecast for October 2023 is generally bullish. The average prediction is that HBAR will trade between $0.058 and $0.066, with an average price of around $0.062. However, some analysts believe that HBAR could reach as high as $0.075 by the end of the month.  Quant (QNT) Quant (QNT) is a cryptocurrency that is designed to connect different blockchains and financial systems. It uses a technology called Overledger to allow developers to build applications that can interact with multiple blockchains without having to write separate code for each one. Recently , Quant announced that it had partnered with the Central Bank of Lithuania to develop a central bank digital currency (CBDC) prototype. This is a significant development for Quant, as it demonstrates that its technology is being considered by central banks for real-world use cases. Quant has several strong fundamentals. Its Overledger technology is unique and valuable, and Quant is well-positioned to benefit from the growing trend of interoperability between blockchains. Quant also has a number of partnerships with major companies, such as Oracle and Hyperledger. Quant is constantly innovating and adding new features to its platform. This includes its recent Overledger Network launch, which allows developers to build and deploy applications on multiple blockchains with a single API call.  Quant (QNT) Price Prediction The Quant price forecast for October 2023 is generally bullish. The average prediction is that QNT will trade between $90 and $100, with an average price of around $95. However, some analysts believe that QNT could reach as high as $110 by the end of the month.   XRP (XRP) XRP is a cryptocurrency that is designed to be used for fast and secure cross-border payments. It is the native token of the Ripple network, which is a distributed ledger technology (DLT) platform that is used by financial institutions around the world. Ripple announced a partnership with SBI Remit, a Japanese remittance company. The partnership will allow SBI Remit to use Ripple's On-Demand Liquidity (ODL) service to offer faster and cheaper cross-border payments to its customers. Overall, the news surrounding XRP is positive. The Ripple SEC lawsuit is nearing its conclusion, and Ripple is expanding its partnerships with financial institutions around the world. These factors could support XRP's price in October and beyond. XRP (XRP) Price Prediction The XRP price forecast for October 2023 is generally bullish. The average prediction is that XRP will trade between $0.45 and $0.55, with an average price of around $0.50. However, some analysts believe that XRP could reach as high as $0.65 by the end of the month. #crypto2023 #cryptocurrency

According to CryptoPotato, the Bank for International Settlements (BIS) and the central banks of France, Singapore, and Switzerland have announced the successful completion of a new central bank digital currency (CBDC) initiative called Project Mariana. The project tested cross-border trading and settlement of wholesale central bank digital currencies (wCBDCs) between financial institutions, leveraging Decentralized Finance (DeFi) technology on a public blockchain. The collaboration between BIS Innovation Hub centers in Switzerland, Singapore, and the Eurosystem, together with Banque de France, Monetary Authority of Singapore, and Swiss National Bank, successfully validated the trading and settlement of hypothetical euro, Singapore dollar, and Swiss franc wCBDCs. The project explored crucial aspects such as establishing a standardized technical token and creating bridges to facilitate seamless wCBDC transfers, as well as the Automated Market Maker (AMM) concept for automatic pricing and execution of spot FX transactions. Project Mariana's architecture balances central banks' domestic need for oversight and the interest of financial institutions to hold, transfer, and settle wCBDC across borders efficiently. However, this is still an experimental phase, and BIS intends to investigate further the opportunities and obstacles tied to CBDC and its associated technologies in collaboration with its partners. The project is seen as a cornerstone in improving cross-border payments and will likely feature at the Banque de France conference on Oct. 3.

Ripple, the company behind the XRP cryptocurrency, unlocked over $500 million worth of XRP from escrow today. Specifically, Ripple unlocked 400 million XRP ($205.9 million), 100 million XRP ($51.5 million), and 500 million XRP ($257.4 million), as reported by Whale Alert on X (Twitter). This massive unlocking of XRP from escrow could have major implications for the cryptocurrency’s price and role in Ripple’s plans. Here are some potential scenarios: Ripple could sell the newly released XRP on exchanges, potentially putting downward pressure on XRP’s price as supply increases. This could allow Ripple to raise capital to fund its ongoing operations and investments. Ripple might choose to hold the newly unlocked XRP in reserve. This would avoid negative short-term pricing impacts but give Ripple a stockpile of XRP to potentially sell or use at a later date. Some of the unlocked XRP could be used to provide liquidity incentives for market makers to improve XRP trading volume and availability. More robust trading activity could support longer-term price stability. Ripple may plan to distribute some of the newly unlocked XRP to institutional clients to increase adoption for usage in cross-border payments and remittances. Higher adoption could improve XRP’s utility and value proposition over the longer term. Ripple might burn a portion of the unlocked XRP to permanently decrease supply and potentially affect XRP’s price. Of course, these scenarios are purely speculative, and it remains to be seen what Ripple will actually do with the newly unlocked funds. The massive scale of these unlocked funds gives Ripple considerable flexibility. But the company’s choices will undoubtedly impact XRP’s volatile price. Ripple’s next moves are sure to be closely watched by investors and observers across the crypto industry. We recommend eToro 74% of retail CFD accounts lose money. Visit eToro Now Active user community and social features like news feeds, chats for specific coins available for trading. Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. Copy trading: allows users to copy the trades of leading traders, for free. User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate. eToro offers staking for certain popular cryptocurrencies like ETH, ADA, XTZ etc. The post What Will Ripple Do With Over $500,000,000 in XRP Unlocked From Escrow? appeared first on CaptainAltcoin.

What Is Bitcoin As Legal Ten-der? | Lunch n' Learn. $BTC Bitcoin as legal tender refers to the recognition of Bitcoin, a decentralized digital currency, as an official form of payment within a particular jurisdiction. This means that Bitcoin can be used to settle debts, make purchases, and conduct transactions just like traditional fiat currencies such as the US dollar or Euro. El Salvador became the first country to adopt Bitcoin as legal tender in September 2021. The government passed a law that recognizes Bitcoin as an official currency alongside the US dollar, which was already widely used in the country. This means that businesses in El Salvador are required to accept Bitcoin as payment for goods and services, and individuals can use it for everyday transactions. The decision to adopt Bitcoin as legal tender has both benefits and challenges. Proponents argue that it can promote financial inclusion, provide opportunities for economic growth, and reduce reliance on traditional banking systems. Bitcoin's decentralized nature also offers potential advantages such as lower transaction fees and faster cross-border payments. However, there are also concerns and criticisms surrounding the adoption of Bitcoin as legal tender. These include price volatility, regulatory challenges, potential money laundering risks, and the environmental impact of Bitcoin mining. Critics argue that the volatility of Bitcoin can create uncertainty in day-to-day transactions and may not be suitable for use as a stable medium of exchange. Overall, the adoption of Bitcoin as legal tender represents a significant milestone in the mainstream acceptance of cryptocurrencies. It demonstrates a shift towards incorporating digital currencies into established financial systems, although the full implications and long-term effects are yet to be seen.