The brics currency is out, time of circulation may 1th may 1th
Grayscale Investments Clears Out XRP in Its Digital Large Cap Fund
This news comes days after a report emerged that Grayscale had purchased a large number of XRP tokens at a much lower price. According to data from Cryptowhale, the firm had bought over 12 million XRP tokens on New Year’s eve.
However, in what appears to be a twist in the decision of the leading crypto investment company, the firm has now decided to totally liquidate all XRP holdings in the large-cap fund.
This decision might be connected to Genesis Global Trading, the solely authorized participant of the fund, who earlier announced that it would be suspending XRP tradings on its platform. Genesis cited the impending lawsuit between Ripple and Securities and Exchange Commission (SEC) as to why it has decided to stop trading the crypto asset from January 15, 2020.
Grayscale made it known that the proceeds from the liquidation have been used to purchase other crypto assets like bitcoin (BTC), bitcoin cash (BCH), and litecoin (LTC).
XRP Token Is Still Suffering the Effects of the Impending Litigation Against Ripple Labs
Since reports emerged that the U.S. SEC was going to be suing Ripple, the regulator alleged that the firm was offering a $1.3 billion unregistered security offering.
Popular posts from this blog
A woman marry two men
Joeboy celebrates 400 million plus stream, thanks ‘Do You’ challenge
Fast-rising afropop artist, Joseph Akinwale Akinfenwa popularly known as Joeboy recently revealed how he pursued a career in human resources management. The jacket and tie lifestyle didn’t suit him, however, and he gave it all up to follow his dream of becoming a musician. The pop sensation got his big break in 2017 following a viral cover of Ed Sheeran’s “Shape of You”. The singer who is signed to Mr Eazi’s “Empawa Africa” record label talked about his determination to stay true to himself and forge on despite choosing the path less travelled during the MTN Pulse exclusive listening parley. He credited self-belief and his willingness to remain consistent, writing songs for people and recording covers before he got his big break in the music industry. ALSO READ: Those who had contact with dead police commissioner asked to self-isolate According to him, “when I saw #DoYou on social media, I got excited because it’s my story. I studied Human Resources management in school but...
Do You Remember Nimmie, The Lady Rema Took Out On A Date? 3 Months After, See Her Recent Pictures
Do you remember Nimmie, the lady who went on a special date with Nigerian singer Divine Ikubor, professionally called Rema? About three months ago, Rema and Nimmie, a University of Lagos student, went out on a date and a shopping spree and ended up on a yacht where they shared intimate moments. READ ALSO : BBNaija: See What Laycon Was Caught Doing While Others Were Sleeping That Has Got People Talking Nimmie was the lucky applicants who tendered her interest in going out on a date with the Mavin Records signee after he announced calling for entries from ladies who would want to spend a date out with him. ADVERTISEMENT Currently, the 19-year-old girl is living a life of a celebrity as her Instagram followers has skyrocketed to over 100 thousand followers. She continues to mesmerize her followers with stunning photos of herself and many are looking forward to seeing her and Rema consider a serious relationship. READ ALSO : BBNaija: See What Laycon Was Caught Doing While Others Were...
Comments
Post a Comment