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XRP Financial Crisis Looming 13 дней назад


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XRP Financial Crisis Looming

David Schwartz, the CTO of Ripple, addressed speculation about his personal wealth by clarifying that he is not a billionaire. This came about in response to rumors surrounding his financial status. Schwartz is known for his transparency and engagement with the XRP community. He provided a screenshot of a 2021 tweet stating he wasn't a billionaire, effectively shutting down the rumors. Hong Kong has taken a significant step towards becoming a crypto hub by approving the launch of spot Bitcoin and Ether ETFs. This is a major development as it allows investors to gain exposure to these cryptocurrencies through a regulated exchange-traded fund, similar to investing in stocks. The in-kind creation model used by these ETFs means that new shares are issued by directly backing them with Bitcoin or Ether, potentially offering more transparency and security for investors. This move by Hong Kong could pave the way for wider adoption of cryptocurrencies in Asia. 0:00 XRP 3:55 XRP article 2 11:34 Bitcoin 15:22 Financial crisis 19:11 Altcoin season 23:07 Bank Trouble 29:47 Bank Exposed

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