Ripple's CTO Emeritus David Schwartz has dismissed the idea of using artificial discounts or financial incentives to promote institutional adoption of XRP. He compared such strategies to early loss-making business models like Uber's, cautioning that paying users to adopt a product creates a fragile and unsustainable business. Instead, Ripple focuses on removing barriers in cross-border payments to let XRP's utility drive adoption naturally. While Ripple has historically subsidized partnerships like MoneyGram, Schwartz emphasized that any financial incentives must be logical and sustainable, not manipulative.
XRP whale activity has increased alongside a notable drop in Binance's XRP reserves, falling from 2.80 billion to 2.61 billion tokens. Withdrawal transactions on major exchanges like Coinbase, Binance, and Bybit have surpassed deposits, indicating la...
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...
