In a remarkably candid social media exchange, Ripple Chief Technology Officer David Schwartz has challenged conventional narratives about cryptocurrency valuation, arguing that XRP’s current price is driven primarily by expected future speculation rather than present utility. Schwartz simultaneously highlighted XRP’s unique position as the only counterparty-free asset on the XRP Ledger, describing the platform as a public good designed without protocol-level taxes that extract value from users.
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News from SLV
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News from SLV Senator Accuses Binance of Corruption in Trump Pardon Deal
Democratic Senator Chris Murphy has launched explosive allegations that cryptocurrency exchange Binance engaged in a corrupt quid pro quo arrangement, facilitating Trump’s crypto ventures in exchange for a presidential pardon for founder Changpeng Zhao. The accusations emerged after Binance US listed Trump’s USD1 stablecoin just one week following Zhao’s pardon for money laundering violations, triggering a political firestorm in Washington and condemnation from prominent Democrats who view the pardon as evidence of systemic corruption.
read moreBitcoin’s Red October: Why Uptober Meme Failed in 2025
October 2025 marked Bitcoin’s first negative monthly return in seven years, shattering the historical ‘Uptober’ pattern that had delivered average gains of 22.5% over the previous decade. Despite briefly hitting a new all-time high above $126,000 in early October, Bitcoin closed the month lower as persistent selling by long-term holders and cooling institutional demand overwhelmed traditional seasonal tailwinds. The unexpected downturn echoes concerning parallels with 2018’s market dynamics, raising questions about Bitcoin’s year-end trajectory.
read moreAustralian Police Crack $5.9M Crypto Wallet in ‘Miraculous’ Decryption
In a landmark achievement for digital law enforcement, the Australian Federal Police have successfully decrypted a cryptocurrency wallet containing $5.9 million after a data scientist cracked a complex numerical code. The breakthrough came during an investigation into an alleged criminal who stored digital assets using sophisticated encryption methods, with AFP Commissioner Krissy Barrett hailing the decryption as ‘miraculous work’ by their internal ‘crypto safe cracker.’
read moreCanary’s XRP ETF Nears Launch After SEC Filing Update
Asset manager Canary Capital has removed the critical “delaying amendment” from its spot XRP ETF filing with the SEC, potentially clearing the way for a November 13 launch. This strategic regulatory move follows the company’s successful launch of a SOL ETF using the identical approach earlier this week, signaling Canary’s preparedness for immediate activation pending final approvals from regulators and Nasdaq.
read moreCrypto Weekly: ETH, XRP, ADA, BNB, HYPE Price Analysis
This week’s crypto market analysis reveals a mixed performance landscape among major altcoins, with Ethereum struggling to maintain critical support levels while Ripple demonstrates unexpected resilience. As the broader market navigates choppy conditions, technical analysis points to crucial inflection points for Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid that could determine their near-term trajectories.
read moreSBF Claims FTX Was Never Insolvent in Prison Post
From behind bars, convicted FTX founder Sam Bankman-Fried has reignited controversy through his long-dormant X account, posting a 14-page document claiming the collapsed cryptocurrency exchange was never insolvent. The unexpected prison manifesto recycles arguments rejected during his fraud trial while blaming external lawyers for creating a ‘liquidity crisis’ rather than acknowledging the $10 billion fraud that earned him a 25-year sentence. The crypto community immediately dismissed the claims as another attempt to rewrite history from prison.
read moredYdX to Launch in US Market by Year-End
In a strategic shift that could reshape American cryptocurrency derivatives trading, decentralized exchange dYdX is preparing to enter the U.S. market by year-end, marking a significant expansion for the previously unavailable platform. This move represents a major advancement in decentralized finance accessibility, offering American traders direct blockchain-based trading of perpetual contracts without traditional intermediaries like Coinbase and Kraken.
read morePolymarket ETH Price Prediction Market Rules Explained
Polymarket has launched a new prediction market focused on Ethereum’s price movement within specific timeframes. The market will resolve based on Chainlink’s ETH/USD data stream, providing a transparent and reliable settlement mechanism. This creates a straightforward betting opportunity on whether ETH will finish higher or lower than its starting price, offering traders a structured way to speculate on short-term price movements using decentralized oracle technology.
read morePolymarket ETH Price Prediction Market Rules Explained
Polymarket has launched a new prediction market focused on Ethereum’s price movement within specific timeframes. The market will resolve based on Chainlink’s ETH/USD data stream, providing a transparent and reliable settlement mechanism. This creates a straightforward betting opportunity on whether ETH will finish higher or lower than its starting price, offering traders a structured way to speculate on short-term price movements using decentralized oracle technology.
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