A former Ripple engineer known as Bias Goose has revealed plans for a secret startup built on the XRP Ledger, centered around the RLUSD stablecoin. The project aims to integrate real-world business on-chain and promises higher yields than U.S. Treasury bonds without issuing its own token or offering giveaways. Details remain scarce, with a full presentation expected in September. The startup may also leverage synergy with Walrus Protocol, a decentralized data storage platform, to combine settlement and data storage capabilities.
The XRP Ledger recorded a 26% increase in payment volume, moving nearly 463 million XRP worth over $620 million at current prices. However, this surge contrasts with a 22.4% drop in active users and only slight growth in new accounts, suggesting the ...
XRP fell 3.24% to around $1.35, slipping below the key $1.40 support level amid market uncertainty ahead of US inflation data. Analyst Ali Martinez suggests XRP could reach $60 if it closes a monthly candle above $3.66, a significant rise from curren...
Bitcoin is trading close to $79,000 following August's Producer Price Index (PPI) data, which slightly exceeded expectations due to rising energy costs. Despite a small dip, Bitcoin rebounded toward $80,000 as investors balanced inflation concerns wi...
Ripple CTO Emeritus David Schwartz rejected claims that the XRP Ledger (XRPL) is a "ghost chain" dominated by bots and automated transactions. He emphasized that XRPL's low transaction fees encourage both high-value and low-value activities, which is...
XRP's price fell 6.45% over the past week, underperforming top cryptocurrencies due to expectations of a Federal Reserve rate hike and uncertainty around the Senate's CLARITY Act vote. The token faces technical resistance near $1.34 and $1.40, with k...
