David Schwartz, former CTO of Ripple, stated that XRP could eventually overtake Bitcoin by market capitalization if the overall crypto market grows significantly. Currently, XRP trades at $1.34 with a market cap around $85 billion, while Bitcoin's market cap is about $1.55 trillion, meaning XRP would need to reach roughly $24.70 to match Bitcoin. Schwartz emphasized this is a personal view, not an official forecast, and no specific timeline or price target was given. Meanwhile, Ripple's XRPL upgrade is nearing activation, and the U.S. Senate will soon vote on a digital asset market structure bill, both important developments for the ecosystem.
Bitcoin briefly fell to about $76,050 following the release of the US inflation report, which showed a 0.4% increase in the Consumer Price Index for August and a core inflation rise of 0.3%, slightly above expectations. Despite this, Bitcoin quickly ...
Clearpool announced plans to expand its institutional lending products to the XRP Ledger (XRPL) by replacing its current token, CPOOL, with a new token called CLEAR through a 1:1 migration. This move aims to recapitalize its treasury to fund incentiv...
XRP traded between $1.329 and $1.365 on September 11, closing near $1.336 and maintaining a crucial support level around $1.33. Analysts highlight a completed Wave 1 and an intact bull flag pattern, suggesting a potential rise to $1.88 if the support...
Binance's bitcoin reserves have risen to over 693,000 BTC, the highest in two years and about 30% of all major exchange reserves. This increase of roughly 77,000 BTC since April raises potential sell-side pressure as Bitcoin faces a strong resistance...
The XRPL Commons team has issued an urgent security warning to XRP users following a surge in identity impersonation scams. Malicious actors are increasingly targeting unsuspecting users, putting their personal information and assets at risk. XRP hol...
