Apart From XRP, Ripple’s CTO David Schwartz Has Also Invested In These Other Cryptocurrencies

Apart From XRP, Ripple’s CTO David Schwartz Has Also Invested In These Other Cryptocurrencies
фото показано с : zycrypto.com

2020-9-15 17:42

As we speak, there is substantial controversy around the XRP cryptocurrency. Ripple, the fintech company behind the project owns the lion’s share of XRP, which has led to many in the crypto space saying the cryptocurrency is manipulated and not decentralized. Additionally, several vexed investors have taken legal action against the company alleging securities laws violations.

Nevertheless, the San Francisco company has insisted on the decentralized nature of its digital asset. It is also adamant that XRP will be adopted by leading banks and other financial institutions for international payments due to its high speed and near-zero costs.

Needless to say, Ripple executives are bullish about XRP. Former CEO and Ripple co-founder Chris Larsen, as well as the current CEO Brad Garlinghouse, own considerable amounts of the cryptocurrency. David Schwartz, who happens to be one of the original architects of the XRP ledger also holds XRP. However, despite owning a good amount of XRP, Schwartz (also Ripple’s chief technology officer), has invested in a few other cryptocurrencies as well. He revealed this during a recent Twitter exchange.

It all started when former US Congressional candidate, David Gokhshtein, asked his Twitter followers to list the worst cryptocurrencies they have ever invested in. David Schwartz noted that his worst crypto investment is Rustbits and he cannot even explain why he got some.

Another Twitter user asked the Ripple CTO whether he currently owns any cryptocurrency. In response, he revealed that XRP and Bitcoin (BTC) make up the majority of his cryptocurrency portfolio. Schwartz also holds small amounts of ethereum (ETH), Basic Attention Token (BAT), and minuscule amounts of other cryptos that he did not name.

Yes. I own XRP and BTC as well as small amounts of BAT and ETH, and very small amounts of a few others.

— David Schwartz (@JoelKatz) September 9, 2020 Is XRP Primed To Outshine Ethereum In The Coming Months?

Throughout the past weeks, the XRP price has been struggling below 25 cents. The cryptocurrency was even displaced by Tether once again and now holds the fourth spot on the crypto rankings.

In contrast, ethereum has been on a tear on the back of the burgeoning DeFi space. Meanwhile, a crypto analyst-cum-trader believes XRP will perform better than ethereum during the next monster bull run.

The analyst in question is Credible Crypto. He explained that his analysis is not based on fundamentals or his interest in XRP but rather on the charts. Credible Crypto shared the chart that can be seen below, attaching the following comment:

“People are starting to take notice. I’ll say it again- expect $XRP to outperform $ETH over the coming months. Has nothing to do with fundamentals or my affinity towards either coin- just the charts, plain and simple.”

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Ripple (XRP) на Currencies.ru

$ 0.5133 (+0.39%)
Объем 24H $817.089m
Изменеия 24h: -0.37 %, 7d: 1.70 %
Cегодня L: $0.5077 - H: $0.5177
Капитализация $28.38b Rank 7
Цена в час новости $ 0.2445 (109.94%)

xrp cryptocurrency ripple share project behind owns

xrp cryptocurrency → Результатов: 126


Фото:

Unveiling Bitcoin Spark: The Cryptocurrency Set to Outperform XRP

Bitcoin Spark (BTCS) has been making crypto news headlines since August. According to market observers, this new cryptocurrency is set to outperform XRP. Is XRP a good investment? XRP has long held the attention of investors within the cryptocurrency space due to its unique features and potential for disruption in cross-border payments. Its fast transaction […]

2023-8-21 06:06


Фото:

Japan’s SBI Group brought XRP to the mainstream, will XRP be bullish?

XRP XRP/USD is a cryptocurrency that allows users to send money at a low cost and, as such, has attracted the interest of both retail customers and banks. XRP is a cryptocurrency that runs on the XRP ledger, which is a blockchain network aimed at providing a convenient way for people to transact money on […] The post Japan’s SBI Group brought XRP to the mainstream, will XRP be bullish? appeared first on Invezz.

2022-5-10 12:12


XRP Overpriced for a Remittance Settlement Cryptocurrency – Researcher

The cryptocurrency ecosystem is a very diverse one with thousands of cryptocurrency projects, most of which are designed for certain unique uses. XRP is currently the third largest of these cryptocurrencies by market capitalization and it clearly has the vision to become the world’s leading blockchain-based remittance services provider.

2019-4-30 22:49


Ripple’s XRP Falls to Third Largest Cryptocurrency After Ethereum’s Outperformance

XRP / USD Daily Chart: Ripple’s XRP has moved down in the cryptocurrency rankings as Ethereum’s cryptocurrency ether reclaims the position of the largest altcoin by market cap. While XRP had strongly outperformed ether during declining market conditions, ether has been recording extremely bullish movements trading in a steep uptrend.

2019-1-2 18:49


XRP not a Real Cryptocurrency Like Bitcoin and Co, Expert Warns

Ripple XRP’s centralized protocol could have far more implications on the token performance both now and in the long run according to Elvis Investment CEO, Anatoly Castella. A central protocol means that XRP was created all at once by the parent company – Ripple Labs Inc – with a majority of the cryptocurrency held by […] The post XRP not a Real Cryptocurrency Like Bitcoin and Co, Expert Warns appeared first on ZyCrypto.

2018-7-19 19:35


Фото:

How Does Coinbase Exploring Stellar Lumens Impact Ripple XRP?

Stellar Lumens (XLM), Ripple (XRP)–The massive Coinbase announcement that came out on Friday has created a stark divide for several cryptocurrency communities. Published in a press release on the official Coinbase blog, the company confirmed that they are “exploring” five new cryptocurrencies–Stellar Lumens (XLM) the largest by market capitalization–with the potential to be added to […] The post How Does Coinbase Exploring Stellar Lumens Impact Ripple XRP? appeared first on Ethereum World News.

2018-7-16 00:26


Фото:

Ripple [XRP] to Transform the Economy How We know It

With the bears having their saying for first half of the year, crypto-investors are hoping the most out of the second part of 2018 and hopefully gain will be witnessed. Ripple For the Change Being part of the cryptocurrency community for a longer time, make you forget for the near term changes in prices while […] The post Ripple [XRP] to Transform the Economy How We know It appeared first on Ethereum World News.

2018-7-13 16:49