Ripple’s ‘lock in’ phrase gains traction: The phrase ‘lock in’ promoted by Ripple has caught the attention of the XRP community. Its origins lie in community dialogues, which convey collective anticipation and spirit. This buzz coincides with Ripple’s efforts to engage the community amidst market uncertainties.
’60 Minutes’ airs contentious crypto segment: CEO Brad Garlinghouse expressed dissatisfaction with ’60 Minutes’ editing, omitting KEY points. His claim that XRP is not a security was excluded. Comments from John Reed Stark, a former SEC official, called cryptocurrencies a ‘scourge,’ fueling debates. These divergences spotlight Ripple’s regulatory challenges.
XRP market faces volatility and reactions: The ‘lock in’ phrase emerged just as market turbulence hit, with a notable sell-off leading to nearly $1.6 billion in liquidations. XRP experienced a 6% decline, dropping to 2.23 USD. The community interpreted the phrase as a sign to ‘hodl’ during these fluctuations.