Ripple’s digital asset XRP operates on a fixed supply model. It cannot be mined and permanently decreases with every transaction. This deflationary structure distinguishes it from assets like Bitcoin and Ethereum.
XRP does not use mining to create new coins. Ripple launched XRP with a fixed supply of 100 billion tokens. No one can increase this supply or recreate the tokens.
Each transaction on the XRP Ledger destroys 0.00001 XRP. This amount is permanently removed from circulation and never recovered. Ripple confirms this burn is built into the protocol.
Because the supply reduces consistently, XRP moves toward scarcity. As usage increases, the rate of reduction accelerates. This mechanism contrasts with proof-of-work models where new coins are added regularly.
The deflationary system shapes XRP’s tokenomics. It combines mathematical certainty with real-world utility. Each use ensures the total token count only decreases.
Ripple built XRP for fast cross-border payments and interoperability. It serves as a bridge between currencies and financial systems. The network settles transactions in seconds with minimal fees.
XRP = Deflationary ✅
Which means:
“…XRP token cannot be mined and its quantity will constantly decrease, and everything that exists in a limited amount and is actively used is becoming more expensive, therefore, with the growth of the network, the XRP price will increase… pic.twitter.com/w3A66n7nem
— SMQKE (@SMQKEDQG) October 18, 2025

As institutions adopt XRP for liquidity management, network activity rises. This leads to more transactions and a higher burn rate. Millions of transactions daily remove tokens from circulation.
Ripple’s documentation confirms every XRP burned is gone forever. No process allows retrieval or reissuance of destroyed tokens. This creates long-term certainty about total circulating supply.
A 2017 academic study by Aigubov and Magomedtagirov supports these claims. The research verifies Ripple’s model and the irreversible burn per transaction. XRP’s protocol permanently reduces supply through network use.
Ripple’s technical documents emphasize a key principle. “Everything that exists in a limited amount and is actively used becomes more expensive.” XRP follows this rule as its supply tightens.
As institutional partnerships grow, usage across payment corridors expands. The more XRP moves, the more tokens get burned. This compounding burn rate creates long-term scarcity.
Ripple’s tokenomics focus on practical utility and decreasing supply. This positions XRP differently from inflationary crypto models. Over time, value may rise due to reduced availability.
The XRPL’s design ensures the burn mechanism cannot be altered. It is embedded in the system’s core structure. Every transaction enforces this mechanism with mathematical precision.
Ripple continues to push XRP into decentralized finance markets. These integrations increase real-world utility. More adoption means more use, which leads to more scarcity.
XRP remains fixed in supply while demand shows signs of growth. As activity scales, the deflationary impact strengthens. This dynamic is central to future valuation trends.
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CHICAGO — A federal judge in Chicago questioned immigration authorities on Monday about whether they violated a court order with their continued use of tear gas and violent tactics against protesters and journalists in the area.
U.S. District Judge Sara Ellis for the Northern District of Illinois previously ruled that immigration agents were not allowed to use tear gas on journalists and protesters who pose no threat — yet the incidents have continued, drawing a rebuke from Ellis. She has also ordered that federal agents wear and use their body cameras.
The court hearing Monday morning comes as immigration enforcement has surged in the Chicago area as part of Operation Midway Blitz, which the Department of Homeland Security said last week has led to more than 1,500 arrested across Illinois. DHS did not immediately respond to request for comment about the hearing.
Kyle C. Harvick, a Customs and Border Protection official, testified first on Monday as the judge asked him about the responsibilities of the CBP agents, how her previous order disseminated, and what training officers have received. She also asked him about specific incidents where she had concerns about CBP’s tactics, NBC Chicago reported.
“I have a few concerns that the TRO wasn’t being followed,” Ellis said, referring to her previous temporary restraining order.
Harvick testified that there were more than 230 CBP officers in the Chicago area and that some were leaving the area tomorrow, dropping the number to about 200.
All of the agents in the Chicago area now have body-worn cameras, said Harvick, who is the CBP Deputy Incident Commander. About 100 of those agents have been trained in crowd control.
Harvick said agents get training in use of physical force, batons, pepper ball launchers, and chemical agents such as tear gas. He said CBP policy is to warn a crowd before tear gas is used. “I have spoken to my agents. And a warning is given before you deploy gas,” he said.
Scenes of federal agents detaining people around the city, sometimes using physical force, have led to an increase in demonstrations against President Donald Trump in Chicago. Community members have formed groups to monitor activity from Immigration and Customs Enforcement and Customs and Border Protection in what they say is an attempt to protect their city from government overreach.
The confrontations between protesters and federal immigration agents have escalated, with instances of federal agents using tear gas in Chicago neighborhoods.
Ellis asked on Monday about several instances where tear gas was deployed after her order restraining its use.
The CBP official said a warning was given before it was used and that it was necessary because a crowd had gathered and linked arms, blocking their vehicle from leaving. He said he reviewed body camera footage of the incident and he does not believe it violated the judge’s order.
Days after Ellis’ Oct. 9 order restricting the use of chemical agents on protesters and journalists, federal agents used “crowd control measures” to disperse a group of people in Chicago’s Southeast Side, according to a statement from a CPB spokesperson. NBC Chicago reported that tear gas was used on crowds that had gathered after a collision between a Border Patrol vehicle and a car that was being pursued by the agents. CBP said the crowd turned “hostile.”
“This type of escalation is going to cause harm — it’s not the people of Chicago. It is the federal agents,” said Beatriz Ponce De Leon, Chicago’s deputy mayor of immigration and refugee rights, NBC Chicago reported.
Ellis asked about the incident on Monday. Harvick said after the scene where agents collided with the car, a crowd of “more and more people started to come” and some allegedly threw objects at the officers, with one agent being struck by an egg.
He said the agency gave lawful orders for the crowd to move back and were disobeyed. Harvick added that the crowd also caused damage such as slashed tires and broken windows on other vehicles. He said tear gas was deployed three times at the scene and argued the incident was justified given the circumstances.
The lawsuit first came in response to multiple confrontations in late September and October around an ICE processing facility in suburban Broadview, where federal agents fired pepper balls and tear gas and used physical force, including slamming people to the ground, as protesters tried to block vehicles from entering and leaving the facility.
The lawsuit was filed on Oct. 6 by journalists and protesters looking to restrain the ability of federal agents to use excessive force and retaliatory tactics. The plaintiffs claimed the actions illegally restricted the constitutional right granted by the First Amendment to peacefully assemble and gather news.
Last week, DHS said on social media that its enforcement surge in the area “is making Illinois SAFE again” and that they had arrested numerous criminals and gang members. The agency has also said their officers are being targeted.
Ellis said last week she had been a “little startled” after seeing images of clashes between agents and the public in the Chicago area.
DHS is also asking for modifications and exceptions to the judge’s order on body-worn cameras.
On Friday, Ellis ordered the interim head of the Chicago regional ICE field office, Russell Hott, to appear in court for the 10:30 a.m. hearing. He then abruptly returned to Washington that same day.
DHS Assistant Secretary Tricia McLaughlin said in a statement to NBC News on Monday that Hott had been the interim field office director in Chicago but had now returned to Washington, as planned, for his permanent post as field office director of the nation’s capital. Samuel Olson will now be the interim field office director of Chicago, she said.
DHS asked Friday to send Harvick to appear instead because, according to the Department of Justice, Border Patrol officers — not ICE agents — are “mostly, if not entirely” responsible for the recent tear gas incidents, according to WTTW, the public television station in Chicago.
“We’re not on the border. We are in an urban, densely populated area where crowds are going to converge when there’s a commotion, where appropriate crowd control is important,” Ellis said at an emergency hearing Thursday, as reported by WTTW. “Trying to apprehend and detain people is very, very different when you’re in an urban setting than when you’re out on the border.”
Ellis also responded Friday to the government’s request to send a different official. “If the witness says ‘I don’t know’ or can’t answer my questions, we will come in Tuesday with a different person to answer questions,” she said, adding that she wasn’t trying to “micromanage” that decision, according to NBC Chicago.
Last week, Justice Department attorney Sean Skedzielewski said “one-sided and selectively edited media reports” were to blame for the images of the violent clashes.
Daniella Silva reported from New York and Bennett Haeberle reported from Chicago.
Daniella Silva is a national reporter for NBC News, focusing on immigration and education.
Bennett Haeberle is an investigative reporter with NBC 5 Investigates.
© 2025 NBCUniversal Media, LLC

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Bitcoin Mining Stocks Surge Today as Market Optimism Builds  Bitcoin Magazine
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Mobile Services  The Ohio Lottery
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Set For Life results LIVE: Winning National Lottery numbers for Monday, October 20  Chronicle Live
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                                     Every time Samuel publishes a story, you’ll get an alert straight to your inbox!                                       <br>Enter your email<br><br>                                           By clicking “Sign up”, you agree to receive emails from Business Insider. In addition, you accept Insider’s                                           <a href="/terms" target="_blank" rel="noopener noreferrer">Terms of Service</a> and                                           <a href="/privacy-policy" target="_blank" rel="noopener noreferrer">Privacy Policy</a>.                                         <br>It's been a big year for companies announcing pivots to bitcoin, and according to analysts at 10X Research, the trend hasn't been a boon for investors. <br>In just the last few months, everything from a vape company, to a European soccer investment firm, to an energy solutions provider all announced that they would start amassing crypto, resulting in <a target="_self" class="" href="https://www.businessinsider.com/calibercos-stock-crypto-treasury-bitcoin-michael-saylor-strategy-eightco-bitmine-2025-9" data-track-click="{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}" rel="">massive spikes in their share price</a>.<br>This strategy provided a seemingly straightforward way for struggling companies to rise above the penny stock line, buoyed by the rising crypto market. Following <a target="_self" class="" href="https://www.businessinsider.com/microstrategy-bitcoin-100000-michael-saylor-crypto-markets-investing-strategy-analysis-2024-12" data-track-click="{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}" rel="">the example</a> set by Strategy founder Michael Saylor, who went all-in on bitcoin in 2020, hundreds of firms have converted their businesses to bitcoin holding companies this year. <br>But a new report says their time in the sun may be ending, and retail investors have paid a hefty price for rushing into the bitcoin treasury frenzy as many stocks have come tumbling back down to earth.<br>"For retail investors, however, the picture is stark," analysts at 10X Research said <a target="_blank" class="" href="https://update.10xresearch.com/p/after-the-magic-how-bitcoin-treasury-firms-must-evolve-beyond-nav-illusions" data-track-click="{&quot;click_type&quot;:&quot;other&quot;,&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;outbound_click&quot;}" rel=" nofollow">a note</a> at the end of last week. "They've effectively lost around $17 billion, as new shareholders overpaid for Bitcoin exposure by an estimated $20 billion."<br>The trend that allowed the stocks to thrive has reversed. Buoyed by endless bullishness for bitcoin, Strategy and other companies were able to sell shares at a hefty premium relative to the value of their underlying crypto holdings.<br>"They conjured billions in paper wealth by issuing shares far above their real Bitcoin value—until the illusion vanished," the report's authors said. "Now, those once-celebrated NAV premiums have collapsed, leaving investors holding the empty cup while executives walked away with the gold."<br>They added that "the era of financial magic is over; from here on, success will depend on trading discipline, market timing, and genuine alpha generation."<br>That isn't to say that 10X's analysts believe all DAT stocks are doomed. They added that they believe some companies in the space can succeed but only if they pivot to an operational model rooted in actual strategy, rather than simply increasing exposure to a volatile asset. <br>But the report went on to say that companies pursuing digital asset treasury plays should not rely on retail investors to fuel another rally. <br>"With NAVs now having fully round-tripped, retail investors have lost billions—and many likely lack the conviction to keep adding to their positions."<br><br><br><br><br><br><br><br><br><br><b>Check out</b> Business Insider's picks for <a href="https://www.businessinsider.com/personal-finance/best-crypto-bitcoin-exchanges" target="_blank"> best cryptocurrency exchanges</a><br><br>           Your daily guide to what&#x27;s moving markets — straight to your inbox.           <button class="label-lg-strong signup-btn" data-action="show">             Sign up <svg xmlns="http://www.w3.org/2000/svg" width="14" height="15" fill="none">       <title>chevron down icon</title>       <desc>An icon in the shape of an angle pointing down.</desc>       <path class="chevron-down-path" fill="#0A0A0A" fill-rule="evenodd" d="M11.34 3.708 6.973 8.212 2.66 3.763l-1.493 1.54 5.806 5.989 5.86-6.043-1.493-1.54Z" clip-rule="evenodd"/>     </svg>           </button>         <br>Jump to<br><br><a href="https://news.google.com/rss/articles/CBMiqAFBVV95cUxOdEk0N0hNUG1MRXIxaWtYYzA5Sm9CTDhwbHFJRElzVVNVMUI2WjhPZXRJRlQ3RTFZN0hHNGhRNFZ3LUZlSmlZTll1bW1Jay1fUXlrMWJKVXdsZnJ4QTVsTUJ6N1E4UkNwWDlLTlVRLU41SjRsaWR2eEtvS053WWFySk5Vajd3UTZCTG0xODJ1U0IzLWJsUHVRcklDY041UmJWVmEtbW9sb1Y?oc=5">source</a>

September 30, 2025 Rhoda Gistlover News 0
The Federal Capital Territory (FCT) Minister, Nyesom Wike, has commiserated with the management and staff of the Arise News Channel over the death of one of their News Anchors, Somtochukwu Maduagwu, describing her death as tragic and painful.
In a statement on Tuesday, by his Senior Special Assistant on Public Communications and Social Media, Lere Olayinka, the FCT Minister, who prayed for the repose of the soul of Somtochukwu, assured that the Police will unravel the circumstances surrounding her death and bring those responsible to justice.
He said the death of Somtochukwu was not only a loss to the Arise News family, but to the Nigerian media and the entire nation as a whole.
“I feel pained that such a wonderful soul could be cut down in its prime. It is sad!”
From the report by the Federal Capital Territory Administration (FCTA) Mandate Secretary on Health, Dr. Dolapo Fasawe, Somtochukwu was brought to the Maitama General Hospital dead at about 4:30am on Monday.
Preliminary medical report will be made available to the police to aid their investigation while all efforts will be made to unravel the circumstances surrounding her death.
Therefore, at this period, we will continue to pray for the continued support of the Almighty God for the staff and management of the Arise News, especially the Chairman, Prince Nduka Obaigbena, and the family and friends left behind by the deceased.
It is my prayer that God in His infinite mercies will accept her soul and give her family members, friends and associates the fortitude to bear this irreparable loss.
Lere Olayinka, Senior Special Assistant Public Communications and Social Media, September 30, 2025.
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Lottery player’s instincts led her to buy MD ticket. Win left her in ‘shock’  Miami Herald
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