Tagarrington xrp capital

Mike Arrington’s Hedge Fund Holds More Bitcoin Than XRP, Predicts Bitcoin To Hit $25,000 This Year

bitcoin price

Mike Arrington, the founder of Arrington XRP Capital, who raised eyebrows in November launching a hedge fund denominated in Ripple, said the hedge fund actually holds more bitcoin than XRP during a CNBC Cryptotrader interview at Korea Blockchain Week. He also predicted bitcoin’s price will reach $25,000 this year. Arrington announced his $100 million hedge fund in November, which will invest...

Rocketing Ripple Puts Founders and CEO Among the World's Richest People

The value of the cryptocurrency ecosystem skyrocketed in 2017, with various cryptocurrencies surpassing 1,000% gains. Ripple’s XRP token, for example, was worth about $0,006 in the beginning of 2017 and is currently trading at $3.76. The 60,000% rise helped Ripple become the second-biggest cryptocurrency by market cap, and is now valued at over $140 billion. Behind the XRP token is San Francisco...

Ripple Market Cap Surpasses $100 Billion as XRP Hedge Fund Goes Live

Ripple xrp

The ripple price rose 15 percent on Wednesday, enabling XRP to become the second cryptocurrency to achieve a $100 billion market cap. Ripple Price Surge Raises XRP Market Cap to $100 Billion The ripple price defied expectations throughout 2017, rising nearly 30,000 percent to post the most significant rally of any top-tier cryptocurrency. Investors appear determined to carry that rally forward...

Ripple Splash: TechCrunch Founder Launches $100 Million XRP Hedge Fund

Arrington XRP Capital Ripple

TechCrunch founder Michael Arrington has announced the creation of a $100 million hedge fund that will be denominated in XRP, the native token of Ripple. Arrington made the announcement at the Consensus: Invest conference in New York, revealing that the fund will be called Arrington XRP Capital. Significantly, investors will buy shares of the fund and receive distributions in XRP, the native...

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