Brad Garlinghouse, the Chief Executive Officer of U.S. crypto payment firm Ripple, has shared his thoughts on the possibility of an XRP spot exchange-traded fund (ETF). Garlinghouse’s comment on the prospect of an XRP ETF came during a recent interview with CNBC, a U.S.-based media agency. Specifically, when asked about the likelihood of additional cryptocurrency…
David Schwartz, the CTO of Ripple, recently addressed concerns surrounding the missing genesis block on the XRP Ledger (XRPL), citing a similar case with Ethereum. Schwartz made the latest disclosures while responding to questions raised by community member MetaMan regarding the XRP Ledger’s seemingly unusual start at block 32,569. MetaMan voiced skepticism and emphasized the…
We tested the predictive capabilities of ChatGPT in a recent query, quizzing it to forecast the potential XRP price post-Bitcoin ETF approval. The approval of the spot Bitcoin ETF by the United States Securities and Exchange Commission (SEC) heralded a new era that almost every digital currency, including XRP, can benefit from. With the product…
Prominent market analyst EGRAG recently emphasized that XRP is in a strong position, predicting its next move if Bitcoin (BTC) collapses from here. EGRAG noted this while updating his outlook on an earlier price analysis. Notably, the analyst forecasted that XRP was on the verge of recording a massive rally which could see it skyrocket…
In the evolving crypto market, Solana (SOL) is making significant strides with its upcoming advancements aimed at enhancing network performance and scalability. Key developments like token extensions and the Firedancer upgrade are expected to elevate Solana (SOL) capabilities, potentially processing over 1 million transactions per second per core. These technical improvements, coupled with increased institutional…
Shiba Inu’s burn rate has recorded a massive spike after the community incinerated a hefty amount of SHIB tokens over the past day. Shibburn’s data shows that in the past 24 hours, the Shiba Inu community sent 88.73 million SHIB tokens to dead wallets of the cryptocurrency. Details of Shiba Inu’s Latest Burn Notably, the…
Arthur Hayes, the co-founder of BitMEX has revealed the likelihood that Bitcoin (BTC) price discovery will shift from East to West if the spot ETF product turns out to be successful. In a recent post on his Substack page, Arthur Hayes highlighted crucial events that might likely trail the newly approved and launched spot Bitcoin…
The crypto market, which gained substantial momentum in the last quarter of 2023, is facing a turbulent start to the New Year, with over $160 billion wiped out in under seven days since the BTC ETF approval. Despite top digital assets holding close to their December highs, the early weeks of 2024 witnessed intense price…
Increased selling activity on Binance has pushed the TUSD stablecoin well below its pegged $1 value. TrueUSD, the stablecoin backed by controversial crypto entrepreneur Justin Sun, has struggled to maintain its dollar peg. In the past 24 hours, the stablecoin traded as low as $0.984 and has only managed a recovery to $0.988 at the…
Polygon, a prominent Ethereum-based layer-2 scalability network, has been accused of mismanaging its token allocation and sending large amounts of tokens to Binance. ChainArgos, a blockchain intelligence firm, recently made these allegations on X. The team behind ChainArgos claimed that they had found evidence of irregularities and discrepancies in Polygon’s token distribution. According to ChainArgos,…