Category: Crypto News

  • 13 Days to a Turning Point: What Gensler’s Resignation Means for Ripple and Crypto

    13 Days to a Turning Point: What Gensler’s Resignation Means for Ripple and Crypto

    The cryptocurrency community is abuzz with anticipation as the countdown begins for SEC Chairman Gary Gensler’s resignation, scheduled for January 20, 2025. This impending departure is seen as a potential turning point in the ongoing legal battle between the Securities and Exchange Commission (SEC) and Ripple Labs, the company behind the cryptocurrency XRP. Gary Gensler’s…

  • Leading Crypto Firms Recognize XRP as a Store of Value

    Leading Crypto Firms Recognize XRP as a Store of Value

    Two prominent digital asset firms have recently elevated XRP, the native cryptocurrency of the XRP Ledger (XRPL), to a distinguished category of digital assets recognized as a store of value. This recognition positions XRP alongside a select few high-profile cryptocurrencies, underlining its significance and potential within the rapidly evolving financial ecosystem. An asset classified as…

  • From $0.003 to $3.31: What’s Stopping XRP from Hitting $2,000?

    From $0.003 to $3.31: What’s Stopping XRP from Hitting $2,000?

    In a thought-provoking Monday post, Random Crypto Pal posed an intriguing question: “$XRP went from $0.003 to $3.31 in 2017. What is now stopping it from going from $2 to $2,000?” This statement taps into the hopes and speculation of the XRP community, which remains optimistic about the token’s potential. While the idea of XRP…

  • 13.2 Million XRP Burned as XRP Ledger Activity Surges

    13.2 Million XRP Burned as XRP Ledger Activity Surges

    In a compelling update on X, prominent blockchain enthusiast and influencer JackTheRippler shared an eye-opening revelation: over 13.2 million XRP, valued at over $30 million, has been burned since the inception of the XRP Ledger (XRPL). This milestone underscores the ever-growing activity on the XRPL, which has been reaching all-time highs in recent weeks. This…

  • Stay Focused, Price is Just a Distraction, Says Former Binance CEO Changpeng Zhao

    Stay Focused, Price is Just a Distraction, Says Former Binance CEO Changpeng Zhao

    The crypto market was highly bullish in recent weeks with Bitcoin recently shattering its previous records, crossing the long-anticipated $100,000 threshold. Simultaneously, several alternative cryptocurrencies have seen their valuations skyrocket, with some achieving gains exceeding 200%. However, according to Changpeng “CZ” Zhao, Binance’s co-founder and former CEO, this surge in market performance may not be…

  • Brad Garlinghouse Says XRP is the Only Digital Asset Poised to Solve Global Payments Problem

    Brad Garlinghouse Says XRP is the Only Digital Asset Poised to Solve Global Payments Problem

    Brad Garlinghouse, CEO of Ripple, recently reiterated his confidence in XRP as the leading digital asset designed to tackle one of the world’s most pressing financial challenges: global payments. Speaking in a video clip shared by market analyst Amelie on X, Garlinghouse emphasized XRP’s unparalleled capability to address inefficiencies in the global financial system. This…

  • XRP Bermuda Triangle: The Path to $27

    XRP Bermuda Triangle: The Path to $27

    Egrag Crypto’s “XRP Bermuda Triangle” chart has captivated the crypto community with its innovative blend of technical analysis, Fibonacci geometry, and even astrological insights. This masterpiece chart outlines XRP’s journey to $27 and beyond, detailing key levels, milestones, and potential timelines. The Seven Arcs: Fibonacci Targets in Focus The Seven Arcs serve as the foundation…

  • Ripple CEO Says Trump’s Bull Market is Real, Making Crypto Great Again in the U.S.

    Ripple CEO Says Trump’s Bull Market is Real, Making Crypto Great Again in the U.S.

    As the dawn of 2025 breaks, the financial landscape is buzzing with optimism, and the cryptocurrency world is no exception. Ripple’s CEO, Brad Garlinghouse, recently took to X to share a celebratory and forward-looking message. With a mix of personal reflection and optimism for the future, Garlinghouse’s post highlights the rejuvenation of Ripple’s U.S. operations,…

  • Vitalik Buterin Proposes Limiting Global Computing Power by 99%

    Vitalik Buterin Proposes Limiting Global Computing Power by 99%

    Vitalik Buterin, the co-founder of Ethereum, has introduced a thought-provoking proposal aimed at addressing the rapid advancements in artificial intelligence (AI). In his recent blog post, Buterin suggests that humanity should proactively prepare for the singularity—a point where AI surpasses human intelligence, potentially posing existential risks.  His proposal centers around a dramatic reduction in global…

  • Ripple CTO, David Schwartz Explains Why Airdrops Could Be a Tax Trap for Crypto Users

    Ripple CTO, David Schwartz Explains Why Airdrops Could Be a Tax Trap for Crypto Users

    David Schwartz, the Chief Technology Officer of Ripple, recently shared insights into the often-overlooked complexities of cryptocurrency airdrops, particularly the tax implications that recipients face.  In a candid discussion with the XRP community, he analyzed the structure of common reward mechanisms in the crypto space, emphasizing how their design can sometimes lead to unforeseen financial…