Ripple CTO David Schwartz has provided insights into Ripple’s strategic move into the projected $10 trillion crypto custody market with significant players such as Metaco and HSBC. His remark on the subject came during a recent interview on the Thinking Crypto Podcast. Specifically, the conversation shed light on Ripple’s acquisition of Metaco, a custody-focused firm….
The Athey and Mitchnick fair value calculator for XRP shows that the crypto asset would be valued at over $5 at a volume of $50 billion. The price of XRP has traded below the $1 mark since December 2021, with the fifth largest cryptocurrency locked between $0.3 and $0.9 for the majority of the past…
According to historical trends, the ongoing correction in the price of Bitcoin (BTC) might have more surprises ahead. As Charlie Bilello, the Chief Market Strategist at Creative Planning Investor, pointed out, Bitcoin price always faces massive corrections after a big event in its history. Notably, since the start of the year, Bitcoin has dropped by…
The team behind the Shiba Inu ecosystem has once again unveiled its grand plan for the year 2024. In a lengthy X thread yesterday, the Shiba Inu ecosystem team stated that it plans to revolutionize digital identity in the Web 3.0 ecosystem this year. 1/9💡 2024 will be the year of Shibdentity. For too long…
Ripple chief technology officer, David Schwartz, has likened XRP blockchain value proposition in the payment landscape to the utility of tech behemoth Google in the search engine business. This remark came during an exclusive interview with CoinDesk. Ripple CTO elaborated on the evolving crypto ecosystem, emphasizing the niche where the XRP Ledger aims to excel…
The remedies litigation in the legal tussle between the U.S. SEC and Ripple intensifies as the defendant seeks permission to file a sur-reply to the regulator’s motion to compel. Ripple has filed a new motion seeking permission to file a sur-reply regarding the SEC’s motion to compel. As usual, the recent development in the SEC…
Ripple CTO David Schwartz recently explained the workings of the upcoming XRPL AMM feature with regard to the potential for XRP holders to earn passive income. Schwartz revealed this in a recent exchange on X. Notably, Panos Mekras, co-founder of Anodos Finance, initially took to X, drawing an analogy as he aimed to explain the…
Peersyst Technology has unveiled the latest update in its ongoing efforts with Ripple Developers to launch an EVM Sidechain for the XRP Ledger (XRPL). Per the update, Peersyst Technology, a blockchain development firm, noted that the development work leading to the release of XChainBridge is in its advanced stages and will go live soon. Achieving…
Binance has recently completed a burn of 2.1 million BNB tokens. This strategy is aimed at reducing the token’s supply and increasing its value. In other news, Ethereum Classic and Pullix have seen notable gains, positioning them as the best altcoins to buy in the current market. Binance Coin (BNB) Completes 26th Quarterly Burn On…
A series of recently-activated XRP whale wallets have accumulated over 883 million XRP worth an excess of $454 million within four hours, triggering speculation among investors. Whale Alert, a leading crypto whale-tracking platform, highlighted the cluster of whale movements, which occurred between 11:00 and 15:00 (UTC) today. Most of the transactions involved outflows from wallets…