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A poem by Walton from Pleb Underground. From "The Inscription Issue."
The new company will develop AI safety and capabilities in tandem.
XRP’s current price has been highlighted by a range of around $2.5 in the past three days. However, this low price hasn’t stopped the idea of an extravagant XRP price from being in the hearts of XRP bull traders and enthusiasts. Against this backdrop of growing confidence, a bold theory suggesting that XRP could surge to $10,000 has come up from a crypto analyst. This extravagant price point is much higher than most predictions based on technical analysis. Notably, this analyst leaned on XRP fundamentals with XRP to show a scenario where its price reaches this point. Analyst Predicts XRP Could Hit $10,000 Between 2027 And 2030 The theory, introduced by a crypto analyst named Remi Relief on the social media platform X, centers on a long-term vision of XRP reaching $10,000 due to widespread adoption in financial institutions and complete activation of its utility features. Related Reading: Analyst Says These Factors Will Drive XRP Price To $1,000, But What Does Market Cap Say? In a post dated May 12, the analyst predicted that this massive XRP price point of $10,000 could materialize between 2027 and 2030. He clarified that the prediction wasnt dependent on sudden events or institutional price setting but on the natural outcome of XRP functioning at its full potential in global financial systems. However, he also stated that such a price point could manifest as early as 2026. Building on the original post, the analyst has recently expanded on a more detailed vision of a $10,000 XRP. He claimed the existence of two separate XRP ledgers: one for the retail market and another accessible only to around 1,700 institutions and private entities operating under NDAs. According to him, these private participants could already be running tests with drastically different price levels, possibly including the $10,000 mark. He linked this development to recent progress in CBDC trials, especially in France. The analyst also referred to a report discussing the efficiency and performance of various digital currency and payment platforms in terms of Transactions Per Second (TPS) back in 2022. The report focused on CBDC (Central Bank Digital Currency) test networks. According to the report, the Ripple Private Ledger had a TPS of 1,500 in 2022 during tests for the digital Euro. Although Ripple is not yet at the operational scale of AliPay or the Hamilton Project, future projections of the blockchains TPS are still unknown. The Possibility Of A $10,000 Basement Price For The Altcoin The crypto analyst’s theory is based on a future where XRP underpins major financial operations at fixed high values across private networks. The most provocative element of the theory involves Ripple potentially setting a basement price for XRP at $10,000, which would never be breached. Related Reading: XRP Price At $10-$20 Only The Beginning, Its Headed For $1,000 Analyst Reveals In this scenario, if the price ever threatened to fall below that mark, decentralized technologies like Chainlink oracles and IOTA-based AI mechanisms would intervene to stabilize it through automatic trading. At the time of writing, XRP is trading at $2.40, down by 2.2% in the past 24 hours. Featured image from Getty Images, chart from Tradingview.com
Investment bank Citi is betting on the blockchain-based tokenization of real-world assets to become the next “killer use case” in crypto, with the firm forecasting the market to reach between $4 trillion to $5 trillion by 2030. That would mark an 80-fold increase from the current value of real-world assets locked on blockchains, Citi explained [...]
The post ‘Killer use case’: Citi says trillions in assets could be tokenized by 2030 appeared first on Crypto Breaking News.
Nearly two decades before the Bitcoin network revolutionized the digital world, Nobel Laureate Milton Friedman foresaw the emergence of digital currencies. His prediction of an electronic currency facilitating anonymous transactions has become a cornerstone in understanding the evolution of digital finance. Ahead of His Time: How Milton Friedman Envisioned Bitcoin Before the conceptualization of Satoshi [...]
The post Milton Friedmans 1999 Vision: Predicting Bitcoin Before the Digital Age Dawned appeared first on Crypto Breaking News.
XRP ledger had already overcome one of the greatest issues facing the blockchain industry, Former Ripple executive Matt Hamilton argued. His comments were made in reference to a hackathon event in which a team claimed to have found a solution to the problem of transaction fees on the Ethereum network. What irked Hamilton was that […]
The goal of introducing generative artificial intelligence tools by the two tech firms isn’t to replace humans but to help them.
<p>Finalto, an institutional trading and liquidity services company, announced that Marco Maggioni joined its team. Maggioni joins as Sales Director with a focus on liquidity and execution services for the institutional market. </p><p>According to a statement issued by <a href="https://www.financemagnates.com/thought-leadership/finalto-unveils-new-datacentres-and-service-improvements/" target="_blank" rel="follow" data-article-link="true">Finalto</a>, Maggioni has been serving the e-fx industry for nearly 15 years and has picked up a good deal of expertise along the way, developing business and delivering sales growth for some of the most established FX brokers in Europe, opening branch offices and regional desk, managing the entire sales cycle from the origination of opportunities through to the execution of the sales strategy and closing deals.</p><p>Having most recently spent 5 years at <a href="https://www.financemagnates.com/executives/is-prime-co-founders-depart-business-8-years-after/" target="_blank" rel="follow" data-article-link="true">iS Prime</a> as Sales Director and Head of New Business, Marco has been designing and executing plans for new business acquisition, leading a dedicated origination team of institutional sales, and overseeing some crucial aspects of the sales operations.</p><p>"The right caliber"</p><p>"I am excited to be joining the industry leaders," said Maggioni, "and I am looking forward to being part of Finalto's continued growth, working with like-minded, talented people who match my ambition. I genuinely believe I will be able to fulfill my potential at Finalto, and I know I can offer them tangible business results."Paul Groves, Head of Sales, said: "Marco joining Finalto shows we are attracting the right caliber of person to help drive our business forward. Marco has the knowledge and drive to add real value to our Sales Team. We all look forward to a successful career for Marco at Finalto."</p><p>Finelto <a href="https://www.financemagnates.com/forex/exclusive-finalto-group-gets-new-group-ceo-as-hoffman-and-greenbaum-depart/" target="_blank" rel="follow" data-article-link="true">has changed </a>senior management a few months ago. On November, Ron Hoffman, the Group Chief Executive Officer (CEO), and Liron Greenbaum, the Group Chief Operating Officer (COO) have departed from the financial solutions providers after over seven years. Finalto has tapped Matthew Maloney, who has been the CEO of Finalto Financial Services and Finalto Trading since February 2021, to take over from Hoffman as the new Group CEO.</p> This article was written by Finance Magnates Staff at www.financemagnates.com.
The “Parisland” metaverse experience will launch in time for Valentine's Day to give budding lovebugs a space to meet, at least virtually.
Hamilton Lane will offer at least $5 million in assets via the Securitize tokenization platform on Polygon.
CoinMena, a Bahrain-based crypto asset service provider, has teamed up with Carlton Real Estate, to facilitate real estate purchases using cryptocurrencies. (Read More)
Hamilton Lane is making three investment funds available to individual investors by tokenizing part of its $835 billion funds via a partnership with Securitize. (Read More)
A former top exec at Ripple, Matt Hamilton stated that the XRP token is still in the top 5 because it works 100% and challenged Bitcoin fanatics to transact BTC on the XRP Ledger. If you say so. Even by your own admission it only works 95% of the time. Why do you think the […]
Vaultoro, the cryptocurrency-based gold & precious metals exchange, today announced new updates and platform enhancements for users. See below for more details: Limits – Daily limits on Vaultoro have been increased, and users can now withdraw higher amounts of most cryptocurrencies. Fees – The company has introduced lower fees on Vaultoro Direct. Now, when buying […]
The post Crypto-gold exchange Vaultoro lowers fees, increases withdrawal limits appeared first on CryptoNinjas.
Former Ripple executive Matt Hamilton, who is currently Director of Developer Relations at Bittensor, sought to defend XRP by saying the asset will certainly hit $100 at some point after a user called it a scam, a worthless entry on a centralized database with no chance of reaching a $5 trillion market cap. Hamilton first pointed out […]
“Don't have a lot of words right now. Blown away by how the community has rallied around PoolTogether Inc and myself,” said PoolTogether co-founder Leighton Cusack.
PoolTogether, a DeFi platform, has collected 470.90 Ether (ETH) from NFT sales to help fund its legal defense against a bogus class action lawsuit. PoolTogether is now more than halfway to its target of raising at least 769 ETH (approximately $1.5 million) to fight a lawsuit it claims has “no merit.” Before the NFT financing […]
The platform has already raised more than half of its target and still has another 21 days to go before the NFT funding campaign ends.
Dutch blockchain LTO Network, today announced that Proofi by LTO Network will make its identity data available to the multi-chain DeFi ecosystem via Chainlink, the leading blockchain oracle solution. Chainlink is integral to this process, as it will help make identity attestations on the LTO Network available to the wider blockchain ecosystem. By enabling seamless […]
The post Proofi by LTO Network to bring its KYC solution to DeFi and blockchains via Chainlink appeared first on CryptoNinjas.
The DeFi savings app PoolTogether has raised over $830,000 in five days through an NFT sale to crowdfund its legal defense against a man who deposited $10 into the protocol...
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