UToday

Ripple's acquisition of Hidden Road has established its presence in Wall Street's clearing system, enabling the transfer of institutional post-trade volumes to the XRP Ledger, enhancing efficiency and leveraging the firm's $1.25 billion investment.

Bob Loukas, a seasoned trader, shares a bearish outlook on Bitcoin, predicting a drop to $49,000. He dismisses the business cycle and halving effects on prices, identifying ongoing market conditions as a bear cycle. Despite this, Loukas maintains long positions in stocks.

Dogecoin ETFs have experienced zero daily net inflows since early February, struggling to gain traction amid a bearish market. Despite initial optimism, trading volumes fell short of expectations, and the Dogecoin price remains under pressure, oscillating between $0.08 and $0.12.

Shibarium SHIB.io informed the Shiba Inu community that connectivity issues are often due to wallet connection problems rather than network issues. They provided troubleshooting tips and addressed explorer indexing updates, confirming no asset loss while highlighting ongoing network operations.

Analyst WhaleFactor predicts Bitcoin is poised for a rebound, asserting its resilience amid global tariffs and market volatility. He emphasizes Bitcoin's fixed supply as a buffer against geopolitical events. Meanwhile, Robert Kiyosaki expresses hope for Bitcoin to rise alongside gold and silver, following recent price drops.

Ethereum has faced its sixth consecutive month of losses, marking its second-longest slump since 2018. Factors contributing to this decline include whale distribution, derivatives selling, and macroeconomic uncertainty. Predictions vary, with forecasts of ETH potentially reaching $7,500 to $10,000 in the future, but currently, it remains slightly above its 2018 peak.

The proposed XRPL options sidechain aims to establish a native derivatives layer for the XRP Ledger, inspired by successful models like Hyperliquid. It focuses on American-style options and margin trading while enhancing security with advanced authentication methods.

Elon Musk likens AI company Anthropic to the collapsed FTX exchange, suggesting a troubling corporate ethos similar to that of Sam Bankman-Fried. Commentary highlights their shared reliance on altruistic branding, raising concerns over authenticity.

The essay discusses the criticism of a company's dividend strategy heavily reliant on Bitcoin during a bearish market. Analysts compare it to a Ponzi scheme, emphasizing the risks of needing constant inflows to maintain balance sheets. The strategy may face significant challenges if Bitcoin's value continues to decline.

Popular trader DonAlt suggests Bitcoin could rebound to $80,000, despite not signaling a full bull market. He believes current levels offer a strong buying opportunity, as the market has dismissed negative news.

Ripple's CTO Emeritus David Schwartz reminisces about selling 40,000 ETH at $1.05, netting $42,000 and a 321% return. He used the profits to install solar panels at his then-home. Schwartz holds various cryptocurrencies, including a notable amount of XRP. His net worth remains unknown, potentially ranging from $90 million to $500 million.

Alex Thorn from Galaxy Research dismissed claims that Jane Street caused Bitcoin's price crash, labeling such theories as "Twitter cope." He argued that negativity from Wall Street about Bitcoin is misguided but real, emphasizing the lack of incentive for Jane Street to suppress prices.

Wietse Wind alerts the XRP community about scams involving fake NFTs and phishing attempts targeting wallet holders. He advises users to verify offers, avoid engagement with suspicious accounts, and underscores the importance of security practices to prevent fraud.