Ripple’s Escrow Nearing Its End, Satoshi May Have Held XRP, SHIB Burn Rate Explodes: Crypto News Digest by U.Today
2025-07-07 23:23:07
Main Idea
The article discusses three key developments in the cryptocurrency market: Ripple's XRP escrow nearing its end, a significant increase in SHIB token burn rate, and speculation that Satoshi Nakamoto may have held XRP.
Key Points
1. Ripple has 36.4 billion XRP remaining in escrow, with predictions suggesting it could take 6-10 years to fully release depending on the monthly release rate.
2. SHIB burn rate surged by 10,786%, with over 9.5 million tokens removed from circulation, while 88% of SHIB holders are currently at a loss.
3. Ripple CTO David Schwartz claims that Satoshi Nakamoto may have held a significant amount of XRP, sparking speculation about the Bitcoin creator's holdings.
Description
Crypto market today: key points
$XRP
$2.2620
-0.07%
$SHIB
$0.000011612
-1.63%
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