David Schwartz, Ripple's former CTO, publicly criticized the idea of treating XRP-related meme coins as serious investments, calling it 'distasteful.' His comments came after rumors linked him to the FUZZY memecoin, which he clarified was only a technical wallet test and not an endorsement. Schwartz emphasized that meme coins lack intrinsic value and are driven by speculative hope, warning investors against building portfolios around them. He supports meme coins as internet humor but rejects their use as investment assets due to the risk of scams and misleading hype.
Evernorth, a Nasdaq-listed company holding about 473 million XRP valued around $615 million, has expanded its XRP treasury to over $1 billion by registering 11.5 million new Class A shares. The company plans to actively deploy part of its XRP holding...
An analyst surveyed 64 exchanges and 171 trading pairs, finding about 225 million XRP visibly offered for sale up to $5, despite roughly 22 billion XRP held in exchange wallets. The study highlights that many tokens in wallets are not actively for sa...
Large XRP holders have stopped long-term token withdrawals for the first time in five years amid a price correction from $1.70 to around $1.30. Withdrawal volumes from Binance hit a five-year low, dropping to $49.7 million daily compared to $3.5 bill...
David Schwartz, Ripple's original developer, highlighted the growing potential of decentralized finance (DeFi) as it moves toward mainstream adoption, predicting a multi-trillion dollar market opportunity. He emphasized the importance of accessibilit...
XRP has seen an increase in short positions, which some analysts believe could set the stage for a price recovery rather than further losses. However, a critical price level of $1.34 must be reclaimed to confirm a bullish reversal. Without this, the ...
