Ripple CTO Defends XRP Sales Amid Investor Concerns
David “JoelKatz” Schwartz, the Chief Technology Officer (CTO) of Ripple, has defended the company’s right to sell XRP, stating that Ripple will always act in its own interest. His comments came in response to criticism that Ripple’s ongoing sales of XRP could negatively impact investors. “Ripple can, will, and should
Trump Names XRP, SOL, ADA in U.S. Crypto Reserve, Excludes Bitcoin
U.S. President Donald Trump revealed plans for a U.S. Crypto Reserve, naming XRP, Solana (SOL), and Cardano (ADA) as key assets. The decision, shared on his Truth Social platform, aims to strengthen the U.S. crypto industry and counter past regulatory crackdowns. Notably, Bitcoin (BTC) and Ethereum (ETH)—the two largest cryptocurrencies—were
Brazil Orders Sam Altman’s World to Halt Crypto Payouts for Biometric Data Collection
Brazil’s data protection authority has directed Sam Altman’s World, formerly Worldcoin, to cease offering cryptocurrency or financial rewards for collecting biometric data from its citizens.This directive, issued on January 24, 2025, comes after an investigation launched in November 2024, following the debut of the World ID project in Brazil. What
XRP Surges as Spot ETF Approval Odds Hit 80%
The price of XRP has been on a bullish streak, surging 50% from February’s lows to hit $2.78 on Friday. This marks its highest level this month, driven by rising expectations of a spot XRP ETF approval by the U.S. Securities and Exchange Commission (SEC). A Polymarket prediction market, with
XRP Struggles at $2.5: Will ETF Approval Trigger a Breakout?
XRP has been unable to break past the $2.5 resistance level for over a week, despite strong market interest. The cryptocurrency initially surged past $1 due to increasing banking adoption and positive regulatory sentiment. However, a market crash on February 3 caused XRP to plummet from $3 to $2.1, shaking
XRP Price Rises Amid ETF Speculation and Ripple’s Latest Partnership
XRP Gains 3% as Market Optimism Grows XRP has surged by 3% on 11 February, marking its strongest intraday performance in over a week. The rise comes amid increasing speculation over the approval of an XRP-specific exchange-traded fund (ETF) in the United States and Ripple’s recent partnership with Portuguese currency
The Balancer V3 from Arbitrum is now operational.
Balancer V3 is a new automated market maker (AMM) that enhances capital efficiency and reduces transaction costs. It has recently launched on Arbitrum, improving decentralized finance (DeFi) on this Layer 2 blockchain. This integration makes Arbitrum a more effective DeFi hub by utilizing features like Hooks, 100% Boosted Pools, and customizable
The CTO of Ripple Offers Perspective on the Recent Failure of the XRP Ledger
The XRP Ledger (XRPL) recently experienced a significant technical disruption, temporarily halting block production for about an hour. This unexpected outage raised concerns within the XRP community and allowed critics to question the network’s reliability. Unraveling the Cause of the Outage Ripple’s Chief Technology Officer, David Schwartz, commented on the situation, explaining that
Can Tariff Changes Increase Trust in the Crypto Market?
A recent decision by President Donald Trump to suspend import tariffs on Canada and Mexico for a month has sent positive ripples through the cryptocurrency sector. The announcement triggered a swift recovery in digital currency values, with major players such as Bitcoin, Ethereum, and Ripple all showing notable gains. This surge has been
According to a poll, retail CBDCs do not adequately meet the needs of actual customers.
Interoperability, privacy, and infrastructure still pose hurdles to retail CBDC adoption, a survey by GlobalData reveals. Central bank digital currencies are still a tough sell, even where they’ve officially launched. GlobalData’s latest survey report reveals that for consumers in many countries, CBDCs just don’t offer enough to make the switch from familiar payment methods,
