Linqto Denies False Reports on Ripple Holdings, Threatens Legal Action

San Francisco-based investment platform Linqto has firmly denied misinformation spread by CapSign CEO Matt Rosedin regarding Ripple (XRP) holdings. The false claims, circulated on social media platform X, suggested CapSign held 4.7 million Ripple shares through Liquidishares—a statement Linqto categorically refutes. The situation escalated when bankruptcy rumors about Linqto gained traction in June, adding to market confusion. Linqto's denial and threat of legal action highlight the ongoing challenges of misinformation in the cryptocurrency space, particularly around high-profile assets like XRP. This incident underscores the importance of verifying sources and the potential impact of false narratives on investor sentiment and market dynamics.

Linqto Denies False Reports on Ripple Holdings, Threatens Legal Action

San Francisco-based investment platform Linqto has issued a firm denial of misinformation spread by CapSign CEO Matt Rosedin regarding Ripple holdings. The false claims, circulated on social media platform X, suggested CapSign held 4.7 million Ripple shares through Liquidishares—a statement Linqto categorically refutes.

Market confusion escalated when bankruptcy rumors about Linqto gained traction in June, further compounded by Rosedin's misleading posts. Ripple CEO Brad Garlinghouse intervened to clarify the situation, confirming Linqto's 4.7 million Ripple shares were acquired legitimately on secondary markets. The incident underscores the volatility of crypto-related information and its potential to unsettle investors.

XRP Futures Open Interest Hits 5-Month High as Traders Pile Into Bullish Bets

XRP perpetual futures are flashing bullish signals as open interest surges to levels not seen since January. Cumulative open interest across major exchanges briefly touched 800 million XRP on Monday, according to Velo data, marking a 33% increase since June's interim price bottom at $1.90.

The momentum appears driven by long positioning, with positive funding rates occasionally exceeding 10% annualized. Binance's XRP/USDT market shows a pronounced long bias, with top traders maintaining a 1.90 long/short ratio. Market structure suggests sustained demand for bullish exposure as XRP tests key resistance levels.

XRP Astounds with Explosive Growth and Controversial Market Dynamics

XRP's historic 2017 rally remains a case study in crypto market volatility and opaque exchange practices. The altcoin skyrocketed from $0.15 to $3 in a fortnight, only to collapse after CoinMarketCap delisted key Asian exchanges without explanation. This mechanical price suppression triggered panic selling, cementing XRP's reputation as an asset prone to extreme speculation.

Analysts still debate whether the 800-fold gain represented organic demand or coordinated manipulation. The abrupt removal of trading venues accounting for significant volume created artificial scarcity, disproportionately affecting retail investors. Jesse, a prominent market commentator, recently highlighted this episode as emblematic of crypto's growing pains during early adoption phases.

SEI vs Ripple XRP: Which Altcoin Will Skyrocket in 2025?

The crypto market shows early signs of revival, with investors scrutinizing altcoins for the next high-growth opportunity. Ripple's XRP, a veteran in blockchain-based cross-border payments, is making institutional strides through banking license applications and Ethereum-compatible upgrades. Meanwhile, SEI Network emerges as a fresh contender in the race for bull market dominance.

XRP's potential hinges on two seismic developments: 19 pending ETF applications—the most for any cryptocurrency—and Ripple's pursuit of a Federal Reserve master account. These could unlock institutional capital flows, though concerns persist over Ripple's control of 41% uncirculated supply. The altcoin's recent 30% monthly gain demonstrates lingering market confidence despite regulatory overhangs.

XRP Sees Massive $1.9B Volume on Upbit Over an Hour: What’s Happening?

XRP trading volume on South Korea's Upbit exchange surged to $1.94 billion within an hour, dwarfing Binance's $90 million during the same period. The anomaly, first flagged by XRP community figure Chad Steingraber, coincided with $720 million in net inflows, sparking intense speculation among traders.

Korean markets now hold 20% of XRP's circulating supply, according to analyst XForceGlobal. The concentration of liquidity in Upbit's spot market suggests institutional or whale activity, though the catalyst remains unclear. Such volatility underscores XRP's enduring appeal in Asia despite its regulatory limbo elsewhere.

XRP's Long-Term Growth Potential: Analyzing 15-Year Projections

XRP, the third-largest cryptocurrency excluding stablecoins, continues to demonstrate its capacity for explosive growth despite market maturity concerns. Historical data reveals staggering returns: a $10,000 investment during the 2017 bull run WOULD have ballooned to $6.9 million at XRP's peak price of $3.80—a 68,990% surge in just ten months.

Recent performance suggests this volatility persists. Between November 2024 and January 2025, XRP rallied 580% from $0.50 to $3.40. While some analysts argue the asset's early-stage hypergrowth phase has passed, Michael Saylor's characterization of crypto volatility as a "gift" remains particularly relevant for XRP's long-term holders.

The central question revolves around compounding potential. Should XRP replicate even a fraction of its historical performance over a 15-year horizon, today's $5,000 or $15,000 investments could transform into life-changing sums. This projection hinges on continued adoption of Ripple's payment solutions and favorable regulatory outcomes.