Ripple CTO David Schwartz addressed concerns about the XRP Ledger's frequent technical hard forks, explaining they are necessary due to the ledger's unique design and use of smart transactors. The network is currently updating to version 3.1.3, with a deadline in nine days after which nodes not updated will be disconnected. Schwartz emphasized that consensus depends on the Unique Node List (UNL), not just validator majority, and warned that a network split could lead to competing ledgers and UNLs. This update highlights the ongoing evolution and governance challenges within the XRPL ecosystem.
Bitcoin fell modestly by 0.30% to $76,555.78 while Ethereum rose 0.29% to $2,121.10, reflecting a cautious yet active crypto market. Stablecoin trading volume surged 57.26% to $97.38 billion, and derivatives volume jumped 31.60% to $847.44 billion, i...
KITE led Upbit's crypto greed index with a score of 76 despite a 5.04% price drop to 339 won, signaling a cooling phase rather than a trend reversal. The token saw heavy trading volume (~15.06 billion won), indicating active repositioning amid sustai...
XRP is consolidating near $1.30 after a three-day selloff, with traders closely monitoring if it can hold this critical support level. A breakdown below $1.30 could lead to further declines, while recovery depends on Bitcoin's stabilization and incre...
XRP is trading tightly around $1.39 within a $1.37–$1.42 range after a prolonged downtrend, with AI models from OpenAI, Anthropic, and xAI indicating a bearish-leaning consolidation. Key support at $1.37 and resistance at $1.42 will likely determine ...
Japan's bond market is under severe pressure with 30-year government bond yields surpassing 4%, the highest since 1999, sparking fears of global financial instability. This turmoil threatens to impact interest rates, currencies, and credit markets wo...
