Japan has reclassified XRP, Bitcoin, Ether, and about 100 other cryptocurrencies as financial products rather than payment instruments. This shift could lower tax rates on crypto gains from as high as 55% to a flat 20%, aligning crypto profits with stock gains, and introduces a three-year loss carry-forward provision. The change aims to integrate crypto more closely with traditional financial markets, potentially paving the way for crypto ETFs on the Tokyo Stock Exchange and broader institutional adoption. Investors should verify the legal details with Japanese authorities before acting on these changes.
David Schwartz, Ripple's chief architect of the XRP Ledger, has publicly dismissed recent rumors among XRP investors that his social media posts contain secret market signals. The latest speculation was triggered by Schwartz posting a bagpipe GIF, a ...
Absa Corporate and Investment Banking has introduced Absa Digital Asset Custody in South Africa, using Ripple’s technology to securely manage digital assets and private keys for corporate and institutional clients. This service offers bank-grade gove...
XRP has surged more than 8% in three days following whale accumulation of approximately 1.54 billion tokens valued at $2.2 billion. This buying activity, combined with strong technical support and the upcoming XRP Ledger Batch V1.1 upgrade expected a...
Veteran trader Peter Brandt projects that XRP's price could eventually reach $5.40, a roughly 260% increase from its current trading price around $1.50. His analysis is based on a long-term monthly chart showing XRP breaking through a key resistance ...
XRP surged nearly 9% to $1.54 following veteran trader Peter Brandt's long-term chart projection targeting $5.40, more than triple its current price. The rally coincided with South African bank Absa launching a Ripple-powered digital asset custody se...
