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What is XRP?
Recent XRP Stories by Messari
💰 Ripple's Chris Larsen makes Forbes 400 as the world's richest crypto tycoon
Ripple ($XRP) co-founder Chris Larsen made this year's Forbes 400 list as the world's first and richest cryptocurrency tycoon to debut on the 400. Forbes estimates that Larsen's total net worth is $2.1 billion.
👨💼 Bill Clinton warns against over-regulation
Former U.S. President Bill Clinton took the stage at a cryptocurrency industry conference Monday to offer words of warning to lawmakers seeking to regulate what he characterized as a promising technology advance. “The permutations and possibilities are staggeringly great,” Clinton said at Ripple’s ($XRP) Swell conference. “But we could ruin it all by negative identity politics and economic and social policy.”
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XRP & Related News
XRP Historical Price Lookup
Check the price of XRP on:
XRP Supply Snapshot
Y2050 supply (est.)
% Y2050 Issued
The total supply of XRP was created all at once by Opencoin (renamed 'Ripple Labs' in 2015) when the project began in 2013. The company engaged in giveaways (originally 50,000 XRP were given away for free to bitcointalk posters) as well as direct sales to distribute the coins, but retained the vast majority of XRP for the company itself, to be distributed (sold) into the market over time, at the company's discretion. In May 20171, Ripple (rebranded from 'Ripple Labs') put 55 Billion of their retained XRP into a cryptographically-locked escrow account capping the maximum they can withdraw at 1 Billion XPR per month.
This is a number ranging from -1 to 1, which represents the degree to which movements in the two assets are historically correlated. Specifically, OCFX is calculating the Pearson Coefficient over the daily returns of the two assets. This is calculated over the time-range the chart is set to, and will be re-calculated if the chart's time-range is changed.
A negative number indicates that if asset A moves in one direction, asset B has historically most likely moved in the opposite direction. Similarly, positive values indicate prevelance of same-direction moves.
The Bletchley 10 is composed of 10 of the largest cryptoassets, weighted by marketcap. As such, it tends to track the 'large-caps'.
The Bletchley 20 is composed of 20 medium-capitalization cryptoassets.
The Bletchley 40 is composed of 40 small-capitalization cryptoassets.
Together, these indexes give good at-a-glance understanding of how large-caps are performing relative to medium/small-caps over the past 24 hours.
For further detail on Bletchley index construction, asset eligibility, rebalancing, and weightings, see the Bletchley Indexes methodology detail page.