David Schwartz, Ripple's CTO Emeritus, clarified that Ripple's sales of XRP tokens do not negatively impact XRP holders. He responded to claims that Ripple shifts risks and costs to holders by monetizing pre-mined XRP to fund operations and shareholder returns. Schwartz explained that any price effects are driven by investor sentiment and market expectations, which are already reflected in XRP's current price. This suggests that Ripple's business model does not inherently harm token holders despite ongoing debates.
The cryptocurrency market capitalization rose by $170 billion from July 1 to July 11, reaching $2.28 trillion, with Bitcoin trading above $64,100. This surge is driven by recovering ETF inflows, including a $265.69 million single-day inflow on July 6...
US spot XRP ETFs reached $996.65 million in net assets on July 10, just $3.35 million short of $1 billion. Despite a $7.29 million outflow last week ending a nine-week inflow streak, cumulative inflows since launch total $1.48 billion. XRP's price re...
Ripple will release 1 billion XRP tokens from escrow on August 1, marking its eighth monthly unlock in 2026. Despite the large token amount, much of the unlocked XRP is typically returned to escrow, so the market impact is expected to be limited. Cha...
Grayscale has identified XRP as the leading blockchain for global payments, highlighting its design for fast, low-cost cross-border transactions. Unlike other cryptocurrencies focused on decentralized apps or programmable computing, XRP efficiently m...
Bitcoin and Ethereum posted small gains while major altcoins showed mixed results, reflecting cautious investor sentiment and a preference for Bitcoin's relative stability. Bitcoin dominance increased slightly to 58.51%, signaling a defensive market ...
