David Schwartz, Ripple's CTO Emeritus, revealed that XRP has been his most profitable digital asset despite his conservative investment strategy. He initially held 26 million XRP, converting Bitcoin and Ethereum into XRP, but began selling systematically once the price reached $0.10 to manage risk. Although he missed out on potential gains when XRP peaked near $3.84, his cautious approach still yielded significant profits, with his holdings now worth over $38 million. Schwartz admits he struggles with taking financial risks but acknowledges XRP outperformed all other assets in his portfolio, and he remains hopeful for future gains.
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...
Ripple executives urged the U.S. Senate to pass the CLARITY Act, warning that rejecting the bill would maintain regulatory gaps exposing crypto users to risks similar to the FTX collapse. The Act aims to clarify oversight by sharing authority between...
