<a href="https://www.cointribune.com/en/profile/" target="" class="">🎁 Discover our latest Read2Earn quests and earn by reading 🎁</a> <br><span><span><a href="https://www.cointribune.com/en/">Home</a></span> » <span><a href="https://www.cointribune.com/en/news/">News</a></span> » <span><a href="https://www.cointribune.com/en/news/crypto-news/">Crypto News</a></span></span><br>While institutional interest in cryptos is rising again, the decisions of major players capture all the attention. This 1<sup>st</sup> November, Ripple plans to unlock 1 billion XRP, which is more than 2.4 billion dollars at the current price, from its escrow accounts, as part of a mechanism established in 2017 to regulate the supply. A regular operation, but one that, in the current climate, raises questions about liquidity strategies and market balance.<br>While <a href="https://www.cointribune.com/en/cme-sees-surge-in-xrp-and-solana-crypto-futures/" target="_blank" rel="noreferrer noopener">the demand for XRP is exploding in the derivatives market</a>, Ripple will proceed tomorrow, Saturday November 1<sup>st</sup>, with the scheduled unlocking of 1 billion XRP from its escrow, as has happened every month since the mechanism was implemented in December 2017.<br>At the current price of 2.49 dollars, this release theoretically represents a value of 2.49 billion dollars injected into the system. A figure likely to worry unseasoned observers. However, Ripple’s habits largely nuance this impression of massive unlocking. The previous month, for example, 750 million tokens were locked in a new escrow, limiting the amount actually injected into the market.<br>In practice, Ripple usually sells or uses between 200 and 300 million XRP per month, according to data observed in recent months. The rest is automatically placed back in escrow through new contracts. This functioning, originally designed to establish predictability and transparency, helps stabilize supply without causing imbalance. Thus, the actual impact on circulating liquidity for November could represent only :<br>This strategy of cautious management of injected volumes, repeated every month for several years, shows Ripple’s intention to reconcile supply control and gradual ecosystem development of XRP, without causing artificial market volatility.<br>While the monthly unlocking ritual follows a now well-established pattern, the recent statement by David Schwartz, CTO of Ripple, introduced a new dimension to the analysis. He stated that Ripple has the right to sell or transfer the rights linked to XRP still locked in escrow, while respecting the protocol conditions.<br><em>“Ripple could sell the right to receive tokens released from escrow, or even directly assign the accounts in which these escrows mature,”</em> he <a href="https://finbold.com/ripple-set-to-unlock-1-billion-xrp-from-escrow-tomorrow/" target="_blank" rel="noreferrer noopener">explained</a>. A way of saying that the token does not circulate prematurely, but its future value can already be contractually engaged.<br>In short, Ripple can enter into private agreements with institutional partners, ceding them rights on future XRP, without violating release rules. A form of strategic pre-financing that opens new possibilities for monetizing resources, without generating immediate market pressure.<br>This approach could allow Ripple to finance projects, secure partnerships, or initiate initiatives like Evernorth, an XRP treasury platform developed by a Ripple-related entity holding nearly one billion XRP.<br>The ability to monetize future rights without injecting immediate supply positions Ripple in a hybrid stance, both respectful of its original framework but increasingly proactive in its institutional management. This dynamic could intensify if the company seeks to capitalize more on its escrowed reserve, while stabilizing the <a href="https://www.cointribune.com/en/crypto-markets/xrp-xrp-en/" target="_blank" rel="noreferrer noopener">XRP price</a> to avoid market turmoil.<br>Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.<br>Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.<br>The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.<br>Receive the latest and best crypto news directly to your inbox<br>in daily, weekly, or special format, to stay updated at your own pace<br>Receive the latest and best crypto news directly to your inbox<br>in daily, weekly, or special format, to stay updated at your own pace<br><br><a href="https://news.google.com/rss/articles/CBMikwFBVV95cUxNZER3bGxNTV8zLXpHU1BkNnJyLW1NV2pKajByRTZZX3RTc2dwMml6c3Q3bDNENFN5d3lvcXhaUjBXUktWYXlHcVNUTHBrZHRYVG5DMzdFOVdfRVFHTnZNSGhWZUFwMG0zOEtrSlQ5ZmFTM0JRU2IxZlYySDhZR3dZZ0lQdm50SnBEaVFmUHZsX1k0ZkE?oc=5">source</a>
October 31, 2025 – 15:08 Browse the latest issue Receive the magazine The rules of the game are ready. To participate in the Receipt Lottery, simply show the retailer the code found on the “Lottery Portal” (available at the time of purchase) without any identification requirement. 09 March 2020 Share the post “Receipt Lottery: First Drawing Friday, August 7th. Here’s How to Register” The rules of the game are ready. To participate in the Receipt Lottery, simply show the retailer the code found on the “Lottery Portal” (available starting at 12.00:9 PM on March XNUMXth) at the time of purchase, without any identification required. The 2020 draw kicks off with a monthly prize draw featuring three prizes of €30 each, and an annual prize draw worth €1 million. There will be 90 days to claim your prize, and any unclaimed prizes will go toward the annual prize pool. The operating instructions, in a measure signed on March 5, 2020.
First step: get the “lottery code” To participate in the receipt lottery, you must show the merchant your “lottery code,” which can be found using a dedicated feature in the public area of the “Lottery Portal” managed by the Customs and Monopolies Agency. This is an 8-character alphanumeric code associated with the final consumer’s tax code. The lottery code can be printed or saved on smartphone, tablets, etc. Who can participate The lottery is open to all adults residing in Italy who purchase goods or services outside of the scope of their business, art, or profession. During this initial phase, purchases documented via electronic invoices and those for which payment data is transmitted to the health card system are not eligible. Online purchases are also excluded from the lottery. What fees are involved? Any amount transmitted electronically to the Revenue Agency and subsequently acquired by the Lottery System is eligible, up to the amount paid at the time, in whole or in part, if the amount is equal to or greater than one euro. Each prize draw participates in only one weekly draw, one monthly draw and one annual draw, according to the calendar visible on the Lottery Portal.
How to get the “lottery code” To obtain your lottery code, you need to access the public area of the Lottery Portal, www.lotteriadegliscontrini.gov.it, provided by the Customs and Monopolies Agency. No registration is required: simply enter your tax code into the Portal and the online service will generate an alphanumeric code, also available in barcode format. Once you have it, simply print your lottery code or save it on your mobile device: smartphone, tablet, or cell phone. If you forget your code, there’s no problem: simply log back into the dedicated Portal, enter your tax code, and a new lottery code will be displayed, which you can print or save on your mobile device. The lottery code generation service will subsequently be available in the public area of the Lottery Portal.
Drawings and prizes up for grabs The following are planned for this year: Starting January 14, 2021, weekly draws will also be held every Thursday with 7 prizes worth €5 each. Winnings are not subject to tax. Prizes must be claimed within 90 days of being notified of the win, failing which they will be forfeited. Weekly and monthly prizes not claimed within the specified timeframe will count toward any other prizes to be distributed during the annual contest. Annual prizes not claimed within the specified timeframe will count toward the annual prizes for subsequent years.
Communication to the winners The Customs and Monopolies Agency will notify winners via certified email or text message, if provided during registration, or by sending a notification to their residence or tax domicile address, using the data available in the National Population Registry or the Tax Registry. In the latter case, the winner must go to the Customs office with territorial jurisdiction based on their residence or tax domicile for identification and payment details. The winnings will be paid by the Customs Agency via bank transfer or non-transferable cashier’s check.
The Lottery Portal Divided into two areas, one public and one reserved, it will be available from 12.00:9 on Tuesday 2020 March XNUMX. In ‘public area You will be able to consult information relating to the progress of the lottery, such as: a) game information (number of prizes, winning numbers, winning amount, etc.) b) the drawing schedule c) the status of individual extractions d) the code of the winning certification documents and those relating to prizes not claimed within the foreseen expiry deadline e) the methods of participation in the draws f) the methods of collecting prizes g) the relevant legislation. In ‘reserved area, accessible via Spid, the National Services Card (CNS) or Fisconline/Entratel credentials, the consumer will be able to: a) consult your profile containing any information entered during the registration phase (email-PEC for any communications, telephone contacts and other) b) verify the single document issued and the number of associated virtual lottery tickets c) check your winnings (if any, they will be displayed when you access the reserved area without any queries) d) activate or deactivate different support functions for different types of communication (newsletter, e-mail(PEC, SMS, and other means of communication defined by Customs) e) know the winning prizes for which the deadline for collecting the relevant prize is approaching f) exercise your rights, including opposition to data processing g) consult the lottery codes associated with your tax code, with the relative generation date. Furthermore, on the Lottery Portal, it is possible to report any critical issues, inconsistencies, and/or irregularities found both in the participation system and on the Portal itself.
“Zero cash” extraction With a provision, currently under examination by the Guarantor of privacy, the rules for a “zero cash” draw will be established, an additional draw dedicated to those making purchases with electronic money. There will be an annual prize of €5 million for citizens and €1 million for merchants. There will also be 10 monthly prizes of €100 for citizens and 10 prizes of €20 for merchants. Starting in 2021, weekly draws will also be held (15 prizes of €25 for citizens and 15 prizes of €5 for merchants).
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Key takeaways: XRP price dropped 7.5% this week despite the upcoming Ripple Swell event, which has historically sparked pre-conference rallies. XRP’s rounded top chart pattern projects a drop to $2.09 if support levels fail to hold. Ripple’s annual Swell conference, scheduled for Nov. 4-5 in New York, promises a lineup that marks one of the strongest intersections of crypto with US policy and traditional finance. However, XRP XRPUSD bulls have largely ignored the possible impacts of the event, with the price falling 7.5% since Monday, while continuing its prevailing downtrend, as shown below.
Ripple’s Swell Conference vs. XRP price Ripple’s Swell 2025 stands as a pivotal gathering for the role of blockchain in regulated finance, drawing over 600 attendees from 40 countries, including White House crypto adviser Patrick Witt, as well as executives from BlackRock, Nasdaq, Citi, and BNY Mellon. We’re excited to welcome @patrickjwitt from the White House's Digital Assets Council to our keynote speaker lineup at Ripple Swell 2025. This is a conversation you can't miss. LAST CHANCE: The deadline to request your invitation to attend is tomorrow, October 24th. Join us in… pic.twitter.com/8n3s70tdSU The agenda highlights the XRP Ledger’s (XRPL) alignment with ISO 20022 standards, emphasizing its utility in tokenizing real-world assets (RWAs) and facilitating cross-border payments. There will also be a session titled “The Impact of Tokenized Financial Assets on Capital Markets,” featuring BlackRock director of digital assets Maxwell Stein alongside Moody’s executives. A live demo of stablecoin settlements on XRPL and keynotes from CEO Brad Garlinghouse and Nasdaq's Adena Friedman underscore XRP’s potential as a bridge for institutional liquidity, potentially accelerating adoption in treasury management and DeFi integrations. Historically, Swell events have sparked short-term surges in XRP prices, often driven by partnership announcements and hype. In 2017, ahead of the San Francisco edition, XRP price doubled from $0.20 to over $0.40 on the launch of xRapid. The 2018 Toronto event saw XRP climb 50% in the lead-up to the conference, driven by announcements, including MoneyGram’s expansion. Even in 2019’s Singapore gathering, XRP gained 32% in the lead-up, buoyed by RBI Governor Raghuram Rajan’s keynote on global remittances. However, post-event volatility led to a 30% correction in a classic “sell-the-news” scenario. While 2024’s Miami Swell event saw modest 10% gains, reflecting the SEC overhang, it was expected that 2025’s regulatory clarity, following the appeal dismissal, could amplify echoes of past booms. This doesn’t appear to be the case as the XRP price remains muted below $3. XRP price risks a 16% drop XRP’s chart paints a bearish picture in lower time frames, trading at $2.49 after testing the $2.37 support level, with an 8% decline in volume over the last 24 hours signaling waning buyer conviction. A rounding top pattern on the four-hour chart formed since Oct. 22 hints at a continuation of the downtrend. The relative strength index’s position below the 50 mark, and the MACD’s cross below the middle line, are hinting toward more downside. The bears are now focused on pulling XRP back to the pattern’s neckline at $2.37. A four-hour candlestick drop below this level would pave the way for a further decline toward the measured target of the rounded top at $2.09, representing a 16% drop from the current price.
WATERBURY, Vt. (WCAX) – Daylight Saving Time ends this weekend, meaning goodbye to sunshine past 5:00 p.m. So, how are mountain rescue teams responding to more calls related to hikers getting lost in the dark? “We’ve learned from plenty of mistakes in the past,” said Mike Kenny of Burlington Mike and Kate Kenny hike Mount Hunger in central Vermont frequently and are usually properly prepared. After conversations with Waterbury backcountry rescuer Brian Lindner, this duo might bring some extra gear for their next expedition. “He asked us if we always take two cell phones, so we confidently said yes, and then he said, ‘Do you make sure one’s always turned off as the backup?’ And we were both like, ‘Oh no, we don’t,’” said Kate. “We never really know the situation until we get on scene,” said Lindler. Lindner helped co-found the Waterbury backcountry rescue team in 2002. Since then, they’ve completed nearly 300 rescues. This year, they’re at a record high of 22 saves in one year, compared to nine last year. Many calls have been related to dehydration, which Lindner attributes to the drought. Natural water sources like streams have dried up. “People are not carrying enough fluids and finding out in this drought situation, there’s no water in the backcountry this year,” said Lindler. As the sun starts to set earlier, the rescue team has received more calls about hikers getting lost on the trails in the dark. With daylight savings ending this upcoming weekend, the sun will set even earlier. Lindner says hikers need to be aware of what time they choose to go. “Too many people rely on cell phones as ‘this is my safety device,’” said Lindler. Having a fully charged phone can sort of seem like a safety blanket, right? You can always call for help. However, some of these trails don’t have cell service at all, and the cooling temperatures outside can really drain your phone battery quicker than normal. “More often than not, they’ve completely drained their cell phones trying to use those as flashlights,” said Lindler. As we get closer to winter, he recommends bringing extra dry clothes, spikes for your shoes as it gets icier, keeping your phone underneath your layers to save the battery, and always having food and water. He says no matter the experience, an emergency can happen to anyone. Under state law, rescue teams can send you a bill for the cost of their services, but Lindner says most don’t because they don’t want to discourage people from calling for help. Copyright 2025 WCAX. All rights reserved.
