Citi Group Cryptocurrency Xrp at Breaking News

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Citi Group Cryptocurrency Xrp, R3 and ripple entered into an agreement, which gave r3 the option to purchase five billion xrp at a base price of $0.0085 between then and september 2019. Citigroup officials have previously hinted that the bank is looking into the cryptocurrency market. Citi just isn’t the one main u.s.

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Microstrategy , the world’s largest business intelligence firm, announced today that it has acquired 328 bitcoin worth $15 million in cash at an average price of $45,710. Crypto prices tanked overnight, with the most popular ones falling by as much 13 per cent. R3 and ripple entered into an agreement, which gave r3 the option to purchase five billion xrp at a base price of $0.0085 between then and september 2019.

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It remains about 47% below the highest point in 2021, bringing its total market cap to about $33 billion. The current circulating supply is 48,135,209,660 xrp. However, this year xrp saw an explosive rise and its price went up more than 3,000 percent this year. In total, cryptocurrency’s market cap dropped. Financial institution hiring crypto expertise as bank of america sought a specialist on ripple (xrp) in october.