Search results for Vincent Van Code
Crypto
XRP retreats to November 2024 levels as spot and derivatives markets tilt to selling
XRP slid as low as $0.99, its lowest level since November 2024, as selling pressure dominated both spot and derivatives markets. Data showed worsening cumulative volume delta on Binance perpetual futures and a shift to negative spot CVD on centralized exchanges. Positioning also leaned bearish, with shorts outnumbering longs. The decline coincided with concern over movements from an XRP Ledger account used for the Coreum bridge, though indicators such as spot XRP ETF inflows remained positive.
Crypto
Will XRP enter the financial mainstream faster? Key lies in U.S. Clarity Act
A U.S. “Clarity” bill under discussion in Congress could be a key factor in expanding institutional adoption of XRP, an analysis said. Developer Vincent Van Code said XRP’s legal status is clearer after a 2023 court ruling in the SEC-Ripple case, but uncertainty remains because it is not federal law. He said many institutions want clear legal guidelines before committing capital. Senate talks are accelerating ahead of the August recess.
Crypto
XRP not even started yet, Tesla-level innovation leaves room for $1,000
A well-known software engineer in the cryptocurrency community said XRP’s price does not fully reflect its technical potential and raised the possibility of a big long-term rise. Vincent Van Code said he first bought XRP at about $0.50 in 2021 and has made about a 300 percent gain at current prices around $1.40. He said research into the XRP Ledger strengthened his conviction. Some investors disagreed, citing slower gains than other tokens. Van Code said XRP has risen more than 200-fold over 10 years and suggested $100 to $1,000 after 2030.
