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The post Is Ripple Manipulating XRP Price? Bill Morgan Debunks Escrow Dump Theory appeared first on Coinpedia Fintech News Ripple’s escrow release strategy is not a price manipulation tool but a transparent system built for supply management and investor confidence. With XRP’s recent surge and regulatory support, critics of the escrow model are being silenced. Bill Morgan’s detailed rebuttals, backed by logic and real market data, provide investors with the clarity they need as XRP enters its next growth phase. What Is Ripple’s Escrow System? Ripple introduced its XRP escrow system in 2017 to avoid flooding the market and to ensure long-term stability. A total of 55 billion XRP was locked up, with a monthly release of 1 billion XRP in two tranches of 500 million each, as seen again in July 2025. Out of these, only 200 to 350 million XRP are typically used for payments and ecosystem growth. The rest? Sent back to escrow. Morgan explained on X , “Even the SEC recognised that the escrow was intended to buttress the price of XRP, not deflate it, “ reinforcing the argument that Ripple’s actions are aimed at strengthening market confidence. Why Critics Claim Escrow Releases Hurt XRP’s Price Despite XRP’s explosive growth from $0.50 to $3 — a 600% surge — some critics claim Ripple’s monthly escrow releases contribute to price dumps. But Morgan debunks this, pointing out that these released tokens represent only a small fraction of XRP’s daily trading volume. He also highlighted past events to support his point. XRP rallied sharply between November 2024 and February 2025 — all months where scheduled escrow releases occurred. “If it needed a coup de grace to send it to its final resting place, it was the massive rise in XRP price,” Morgan stated, dismissing the claim that escrow unlocks hurt market performance. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : Will XRP Price Hit Double Digits in 2025? XRP/BTC Rally Is Just the Beginning , Addressing Escrow Seizure Rumors Rumors also emerged in mid-2025 that the U.S. government could seize Ripple’s escrow for a so-called national reserve. Morgan tackled these head-on, stating firmly in June: “No, it won’t.” His comment clarified that such scenarios are legally and practically baseless. Ripple’s escrow release strategy is not a price manipulation tool but a transparent system built for supply management and investor confidence. With XRP’s recent surge and regulatory support, critics of the escrow model are being silenced. 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No. Ripple’s monthly escrow releases are designed to stabilize XRP’s price, not manipulate it. Only a portion of the released tokens are used, and the rest are returned to escrow. Even the SEC acknowledged the system’s stabilizing intent. How does Ripple’s XRP escrow system work? Ripple locked 55 billion XRP in escrow in 2017. Each month, 1 billion XRP is released in two 500-million tranches. Typically, only 200–350 million XRP are used, with unused tokens returned to escrow to maintain balance in the supply. Did XRP price rise despite escrow releases? Yes. XRP rose from $0.50 to over $3 even as monthly escrow releases continued. This indicates that market forces, not Ripple’s token unlocks, are driving the price. What did the SEC say about XRP’s escrow? According to Bill Morgan, the SEC recognized that Ripple’s escrow was meant to support XRP’s price rather than cause a decline, reinforcing Ripple’s non-manipulative intent.
Ethereum raised its gas limit to 45 million, enhancing network scalability. Validators can adjust limits without hard forks once over 50% support is reached. Continue Reading: Ethereum Boosts Its Gas Limit to Enhance Network Efficiency The post Ethereum Boosts Its Gas Limit to Enhance Network Efficiency appeared first on COINTURK NEWS .
Crypto researcher SMQKE recently emphasized the significance of XRP’s escrow mechanism in protecting the asset’s price stability. Referring to official documentation, SMQKE wrote, “Remember, the escrow PROTECTS XRP’S PRICE.” The comment was accompanied by an excerpt from Ripple Labs’ 2017 announcement, which explained the structure and purpose of XRP escrow accounts. At the time, Ripple Labs committed to locking up 55 billion XRP in cryptographically secured escrow contracts. These contracts were designed to expire sequentially over 55 months, beginning in January 2018, releasing 1 billion XRP per month back to Ripple for potential use. Ripple Labs introduced this mechanism explicitly to reduce uncertainty around XRP’s future supply. According to the document, unused XRP at the end of each month would re-enter escrow in a new account, ensuring that large amounts of XRP would not flood the market at once, thereby avoiding substantial downward pressure on the asset’s price. Ripple also stated that the released XRP would be used to incentivize market makers and institutional investors by providing liquidity and tighter spreads between currency pairs. Remember, the escrow PROTECTS XRP’S PRICE. This is documented. https://t.co/jdDCyyoQUT pic.twitter.com/eNJ10HRppW — SMQKE (@SMQKEDQG) July 20, 2025 Community Perspectives on Price Dynamics The tweet by SMQKE received a comment from another X user, Evil Jungle King, who added perspective on factors influencing XRP’s price beyond the escrow mechanism. Evil Jungle King noted , “XRP released from escrow isn’t the only thing impacting pricing. I suspect that many large hold wallet holders sell holdings to add liquidity and prevent sharp spikes in pricing. If you’ve got tons of XRP, slow steady appreciation is more important than instant but fleeting wealth.” This observation suggested that private holders with substantial XRP balances may also play a role in stabilizing market prices through their selling strategies, aligning with the broader goal of avoiding sudden volatility. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Recent Data on Ripple’s Escrow Holdings Further context was provided by a November 4, 2024, report from Times Tabloid, which cited crypto lawyer Bill Morgan’s analysis of Ripple’s updated escrow balances. According to Morgan, Ripple’s share of XRP held in escrow declined from approximately 55 percent of the total supply in 2020 to under 39 percent as of September 30, 2024. This trend illustrates Ripple’s gradual release of XRP over the past years based on its escrow schedule. Morgan shared additional figures indicating that Ripple currently holds around 4.4 billion XRP directly, with approximately 38.9 billion XRP remaining in on-ledger escrow as of the end of Q3 2024. Decentralization and Price Protection SMQKE’s post underscored the original intent of the escrow: to provide a predictable supply and mitigate the risk of a price collapse from excessive, sudden market supply. The declining share of XRP under Ripple’s escrow control , as highlighted by Morgan, has also raised ongoing conversations about decentralization, as Ripple’s influence over the circulating supply diminishes over time. The escrow’s design to automatically recycle unused XRP each month continues to serve as a safeguard, preventing a sudden influx of liquidity that could depress prices. In summary, SMQKE reiterated the documented function of XRP’s escrow as a protective measure for the asset’s price stability. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Ripple Explained: How Escrow Wallet Protects XRP Price appeared first on Times Tabloid .
SoftBank and OpenAI’s $500 billion AI data centers project has been stalled for six months since its launch in January. Both companies face disagreements on key project conditions, including the location and structure of the data centers. The partnership has reportedly decided to scale down to build a smaller Ohio data centre by the year’s end. The Stargate project was announced in January, just a day after Trump’s inauguration, in collaboration with the U.S government. The project aimed to provide over 100,000 jobs for the American population. The partnership had initially pledged to invest an immediate $100 billion with follow-up investments throughout the next four years. SoftBank’s $500 billion partnership deal with OpenAI scales down sharply SoftBank and OpenAI are reportedly concerned with the scale of the data centre to be built on the site by SB Energy, a power and infrastructure company with SoftBank’s backing. SB Energy is currently the main energy supplier, operating both renewable and non-renewable sources for the data centers. The two companies have, however, revealed that they are moving with urgency on site assessments and advancing the project into multiple states. The collaboration has decided to scale back its plans to a more realistic goal of a smaller data centre in Ohio amid constant disagreements between Masayoshi Son and Sam Altman. SoftBank has secured an alternative investment method different from the original plan by borrowing $3 billion from Mizuho Bank. OpenAI has signed a $30 billion annual data centre infrastructure deal with Oracle to rent 4.5GW of data centre capacity. An additional, smaller contract with CoreWeave has pushed OpenAI data centre capacity close to 5GW, closer to this year’s Stargate target. OpenAI acted independently on the agreement with Oracle despite SoftBank’s interest in the deal. The parent company for ChatGPT is also working with Oracle, Crusoe, Nvidia, Cisco Systems, and G42 in the UAE to advance the Stargate project. Oracle had committed $7 billion in the Stargate joint venture with an additional $25 billion in capital expenditures in 2026. Oracle Chairman Larry Ellison revealed that the first data centre of the Stargate project had begun construction in Texas. The company partnered with Crusoe to advance a 1.2 GW Stargate data centre in Abilene, Texas. Oracle pushes for more AI data centers in the AI race against China Larry Ellison, Oracle co-founder and CTO, said they will build and operate more cloud infrastructure data centers than all their cloud competitors. Oracle will buy approximately 400,000 Nvidia GB200 chips to power the Abilene, Texas data centre. Oracle’s cloud deal, worth $30 billion, involving one of the Stargate partners, OpenAI, will begin in fiscal year 2028. The Stargate joint venture aims to establish AI data centers across the U.S. and globally to reshape the computational infrastructure for advanced AI models. The venture has already raised $50 billion from its founding partners, including Oracle and Abu Dhabi sovereign fund MGX. SoftBank’s CEO, Masayoshi Son, is the chairman of the venture. The potential states for the data centers included: Texas, Michigan, Wisconsin, Wyoming, New Mexico, Georgia, Ohio, and Pennsylvania. The Trump administration has been in the AI race against China, evident from recent feuds over tariffs and China’s block on critical minerals for building AI chips. Trump declared a national energy emergency on his first day in office. The emergency fund aimed to remove all regulatory obstacles to oil and gas drilling, coal, and critical mineral mining. It also aimed to build new gas and nuclear power plants to increase the country’s energy capacity. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
Conflux, a Chinese blockchain platform, has announced the launch of a new offshore yuan-backed stablecoin during its Conflux 3.0 network upgrade event in Shanghai. This stablecoin, pegged 1:1 to the offshore Chinese yuan, aims to facilitate cross-border payments, particularly for countries involved in China’s Belt and Road Initiative. Conflux has partnered with fintech firm Anchorx
BitcoinWorld KuCoin Resumes BRL Fiat Balance Transactions, Strengthening Commitment to Brazilian Traders VICTORIA , Seychelles , July 22, 2025 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, proudly announces the resumption of Brazilian Real (BRL) fiat balance transactions for its spot market. This step reinforces KuCoin’s dedication to Brazilian traders. Users can now hold BRL in their KuCoin accounts, deposit and withdraw funds via PIX or bank transfers, and trade popular cryptocurrencies like Bitcoin, Ethereum, and Tether directly with BRL. Fully compliant with the Central Bank’s Know Your Customer (KYC) requirements, this service ensures a regulated trading environment. This resumption delivers significant benefits for Brazilian traders, positioning KuCoin as a preferred platform in the region. It introduces cost efficiency by enabling direct BRL trading, eliminating currency conversion fees—a key advantage in a market where cryptocurrencies counter economic volatility. The integration of PIX, Brazil’s instant payment system, provides fast and convenient deposits and withdrawals, empowering traders to capitalize on market opportunities effortlessly. KuCoin’s adherence to the Central Bank’s strict KYC processes fosters trust and security. Moreover, BRL support lowers entry barriers for new traders without foreign currency accounts, expanding crypto market participation. To celebrate, KuCoin launched a limited-time promotion: Top-Up Ranking Contest: The top 10 users with highest BRL top-ups share a 2,050 USDT prize pool. Large Purchase Bonus: Receive up to 10 USDT when purchasing crypto with BRL. New User First Purchase Gift: 1 USDT bonus for first crypto buy. New User 0 Fees: Free top-ups and withdrawals for the first month. For the latest details on activity rules, please visit KuCoin’s official website. BC Wong, CEO of KuCoin, stated: “ Latin America is a vital market for KuCoin, and our commitment remains unwavering. We are dedicated to providing Brazilian traders with an exceptional trading experience. As the first major exchange to support BRL transfers via PIX after Brazil’s Central Bank policy updates in 2022, our current resumption of BRL balance transactions further highlights our leadership in innovation and regulatory alignment. “ Brazil’s crypto market ranks ninth globally, with $4.69 billion in net crypto imports in Q1 2024—a 118% increase. Stablecoins lead transactions, signaling a need for stability. The market is expected to generate $2.8 billion in revenue by 2025, fueled by rising adoption and a favorable regulatory landscape. KuCoin’s BRL fiat balance transactions streamline fiat-to-crypto conversions, cutting costs and complexity through PIX. Compliance with upcoming 2025 stablecoin regulations builds further trust, encouraging mass adoption. With this initiative, KuCoin cements its leadership in Brazil’s vibrant crypto ecosystem, shaping the future of finance through innovation and strategic partnerships. About KuCoin Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and exceptional user experience. With a connected user base exceeding 41 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots. KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. This recognition reflects its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence. Learn more at: www.kucoin.com This post KuCoin Resumes BRL Fiat Balance Transactions, Strengthening Commitment to Brazilian Traders first appeared on BitcoinWorld and is written by chainwire
Hong Kong, PCR, July 22nd, 2025, Chainwire MultiBank Group, one of the largest and most regulated financial derivatives institutions, has officially launched the $MBG Token Generation Event (TGE), following a record-breaking pre-sale that saw millions of tokens snapped up in minutes. $MBG has launched on MEXC and Gate.io, with additional availability on MultiBank.io and Uniswap, as part of its broader integration across centralized and decentralized trading platforms. The July 18 pre-sale sold out in minutes, proving $MBG's unique edge: a crypto asset anchored in real-world value. Backed by MultiBank Group's $35 billion daily trading volume and $29 billion in real assets across the group’s four-pillar ecosystem, $MBG delivers tangible utility for the future of finance. A $440 million buyback and burn program will further support growth over the next four years. MultiBank Group Chairman and Founder Naser Taher commented: "The launch of $MBG marks a transformative moment for our Group and the broader cryptocurrency landscape. The unprecedented demand for both pre-sales – selling out in minutes – demonstrates the market's strong belief in our vision. $MBG is built on rock-solid fundamentals, combining MultiBank's $35 billion daily trading infrastructure with a $29 billion real asset base, while driving innovation through its multi-utility role: powering transactions across our TradFi and digital ecosystems, enabling staking rewards, and serving as the native token for our $3 billion real-world asset platform. This isn't just another crypto token; it's a bridge between traditional finance and blockchain's future, engineered to deliver sustainable value at every level." $MBG will serve as a core utility token across MultiBank Group's integrated four-pillar ecosystem, supporting transaction fees, staking, rewards, and internal settlements. Its applications extend throughout: MultiBank TradFi: The Group's flagship contract-for-difference (CFD) business, which generated $362 million in revenue last year. MEX Exchange: A forthcoming institutional-focused crypto ECN (Electronic Communication Network) built for large-scale liquidity aggregation, valued at $23.7 billion. MultiBank.io RWA: The real estate tokenization platform and marketplace, with a $3 billion agreement involving MAG Lifestyle Development that will introduce premium properties such as the Ritz-Carlton Residences. MultiBank.io: A highly regulated digital asset exchange enabling spot trading, derivatives, and future DeFi integrations. The launch of $MBG has already garnered what the team describes as strong interest and engagement from the crypto community. The Token is Now Live on MexC , Gate.io , Uniswap , Multibank.io . Socials: X , Telegram About Multibank Group MultiBank Group , established in California, USA in 2005, is a global leader in financial derivatives. With over 2 million clients in 100+ countries and a daily trading volume exceeding $35 billion, it offers a broad range of brokerage and asset management services. Renowned for innovative trading solutions, robust regulatory compliance, and exceptional customer service, the Group is regulated by 17+ top-tier financial authorities across five continents. Its award-winning platforms provide up to 500:1 leverage across Forex, Metals, Shares, Commodities, Indices, and Cryptocurrencies. MultiBank Group has received over 80 international awards for trading excellence and regulatory compliance. For more information, users can visit MultiBank Group’s website. ContactMrNicolas NeofytouMultiBank Groupnikolas.neofytou@multibankfx.com Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.
Singapore-based AI edtech firm Genius Group doubled its Bitcoin holdings to 200 BTC in July while expanding its crypto initiatives under the newly passed GENIUS Act.
Hong Kong, PCR, July 22nd, 2025, Chainwire MultiBank Group, one of the largest and most regulated financial derivatives institutions, has officially launched the $MBG Token Generation Event (TGE), following a record-breaking pre-sale that saw millions of tokens snapped up in minutes. $MBG has launched on MEXC and Gate.io, with additional availability on MultiBank.io and Uniswap, as part of its broader integration across centralized and decentralized trading platforms. The July 18 pre-sale sold out in minutes, proving $MBG's unique edge: a crypto asset anchored in real-world value. Backed by MultiBank Group's $35 billion daily trading volume and $29 billion in real assets across the group’s four-pillar ecosystem, $MBG delivers tangible utility for the future of finance. A $440 million buyback and burn program will further support growth over the next four years. MultiBank Group Chairman and Founder Naser Taher commented: "The launch of $MBG marks a transformative moment for our Group and the broader cryptocurrency landscape. The unprecedented demand for both pre-sales – selling out in minutes – demonstrates the market's strong belief in our vision. $MBG is built on rock-solid fundamentals, combining MultiBank's $35 billion daily trading infrastructure with a $29 billion real asset base, while driving innovation through its multi-utility role: powering transactions across our TradFi and digital ecosystems, enabling staking rewards, and serving as the native token for our $3 billion real-world asset platform. This isn't just another crypto token; it's a bridge between traditional finance and blockchain's future, engineered to deliver sustainable value at every level." $MBG will serve as a core utility token across MultiBank Group's integrated four-pillar ecosystem, supporting transaction fees, staking, rewards, and internal settlements. Its applications extend throughout: MultiBank TradFi: The Group's flagship contract-for-difference (CFD) business, which generated $362 million in revenue last year. MEX Exchange: A forthcoming institutional-focused crypto ECN (Electronic Communication Network) built for large-scale liquidity aggregation, valued at $23.7 billion. MultiBank.io RWA: The real estate tokenization platform and marketplace, with a $3 billion agreement involving MAG Lifestyle Development that will introduce premium properties such as the Ritz-Carlton Residences. MultiBank.io: A highly regulated digital asset exchange enabling spot trading, derivatives, and future DeFi integrations. The launch of $MBG has already garnered what the team describes as strong interest and engagement from the crypto community. The Token is Now Live on MexC , Gate.io , Uniswap , Multibank.io . Socials: X , Telegram About Multibank Group MultiBank Group , established in California, USA in 2005, is a global leader in financial derivatives. With over 2 million clients in 100+ countries and a daily trading volume exceeding $35 billion, it offers a broad range of brokerage and asset management services. Renowned for innovative trading solutions, robust regulatory compliance, and exceptional customer service, the Group is regulated by 17+ top-tier financial authorities across five continents. Its award-winning platforms provide up to 500:1 leverage across Forex, Metals, Shares, Commodities, Indices, and Cryptocurrencies. MultiBank Group has received over 80 international awards for trading excellence and regulatory compliance. For more information, users can visit MultiBank Group’s website. ContactMrNicolas NeofytouMultiBank Groupnikolas.neofytou@multibankfx.com Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.