Ripple's former CTO David Schwartz defended the historic XRP advertising deal with the University of Kansas sports teams, arguing that banning such ads would violate the U.S. Constitution's First Amendment. He emphasized that truthful commercial speech about legal products like XRP cannot be suppressed, referencing Supreme Court cases on alcohol and gambling ads. This legal stance challenges calls to ban crypto promotions in sports, highlighting that as long as XRP remains legal, its advertising is protected free speech. The debate underscores the tension between crypto marketing and regulatory efforts.
XRP traded near $1.47 on September 29, down about 1.4%, pressured by rising US Treasury yields hitting levels not seen since 2007. The 10-year yield reached 5.27%, and the 30-year yield surpassed 5.5%, tightening financial conditions alongside a stro...
XRP's price increased about 5% between September 16 and 27, even as net selling volume grew by approximately $430 million, mainly driven by heavy selling from Binance traders. The Cumulative Volume Delta dropped to negative $2.70 billion, indicating ...
Citi has partnered with Coinbase to enable its institutional clients to accept stablecoin payments and convert fiat into stablecoins via Citi’s Virtual Account Wallet. This move integrates blockchain-based stablecoins directly into corporate banking,...
Citi has partnered with Coinbase to use its Virtual Account Wallet for converting fiat to stablecoins and enabling stablecoin payments for institutional clients. This move integrates stablecoins directly into corporate banking, allowing companies to ...
The Binance scarcity index for XRP, which measures how much XRP is available on the exchange relative to historical levels, has dropped to its lowest point since January 2025. This indicates a significant increase in XRP supply on Binance, making the...
