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Crypto

David Schwartz says Ripple XRP sales are not at holders' expense

David Schwartz, Ripple's former chief technology officer, publicly rejected claims that Ripple's sales of XRP directly harm token holders. He said linking Ripple sales to investor losses misunderstands how markets work, arguing that if investors reasonably expect future sales to weigh on prices, that expectation is already reflected in today's market price. The dispute has widened to Ripple's business model and XRP's role, including criticism from a Chainlink executive.

Crypto

RippleX senior vice president to speak at XRP Seoul 2026 in October

RippleX Senior Vice President Markus Infanger will speak at 'XRP Seoul 2026' in Seoul in October, during Korea Blockchain Week. Organisers said the event will connect XRP holders, developers and ecosystem projects worldwide. Ripple President Monica Long was previously announced as a main speaker, and the event's official X account introduced Infanger as a key speaker. The event comes as XRP remains actively traded in South Korea and Ripple expands its business, including receiving a CASP licence from Luxembourg regulator CSSF.

Crypto

Bitcoin $57,000 bottom thesis spreads as ETF outflows, weak demand weigh

Bitcoin slid to as low as $57,000 this month, prompting analysis that it may be forming a long-term bottom for the current cycle. On-chain indicators suggest it has entered a bottoming phase, but no decisive sign of a trend reversal has appeared. Glassnode flagged continued undervaluation and rising losses among long-term investors, while noting stronger long-term holder selling. Spot bitcoin ETF outflows and depressed trading volumes point to weak demand despite some improvement in derivatives sentiment.