Ripple CEO Brad Garlinghouse criticized Strategy's method of funding bitcoin purchases through issuing preferred shares, calling it unsustainable financial engineering that harms long-term value. Strategy's preferred shares dropped 25% below their $100 par value, and common shares hit multi-year lows amid declining bitcoin prices. Analysts recommend Strategy pause bitcoin buys and focus on cash reserves. Garlinghouse emphasized that true crypto value comes from practical utility, not complex financial tactics, highlighting risks in Strategy's approach.
XRP's price fell 8% over the past week to around $1.05, marking a 43% decline year-to-date in 2026. Despite this, open interest in leveraged contracts rose 1.13% to $2.37 billion, while funding rates turned negative, indicating bearish sentiment. Ana...
Cryptocurrency prediction markets indicate a 78% probability that XRP will trade above $1 by July 1, 2026, reflecting strong investor confidence despite recent price volatility. Traders also expect XRP to remain above lower key levels like $0.60 to $...
Affluent crypto investors are concentrating their holdings in Bitcoin, Ethereum, and XRP as market volatility drives a risk-off approach. These top cryptocurrencies dominate portfolios due to their liquidity and brand strength, while many altcoins re...
Ripple CEO Brad Garlinghouse remains bullish on bitcoin but criticized Michael Saylor's preferred-stock funding strategy used by Strategy to buy bitcoin. He called the approach "financial engineering" that distracted the market and pointed to the Str...
Major cryptocurrencies fell this week as investors favored AI-related stocks, with Dogecoin and Hyperliquid's HYPE dropping about 10%. Bitcoin was more resilient, dipping 5.3% but quickly rebounding from lows near $58,000 due to aggressive buying. Cr...
