Ripple CTO Addresses XRP Price Suppression Accusations
Summary
Ripple's CTO, David Schwartz, clarified that rumors of Ripple's increased XRP sales in December are inaccurate. He stated that Ripple's holdings haven't significantly changed quarter-on-quarter, with sales following a similar pattern to the previous quarter. Ripple's CEO, Brad Garlinghouse, congratulated the approval of Spot Bitcoin ETFs, emphasizing its significance in legitimizing crypto as an asset class and catalyzing institutional adoption. He also highlighted the potential for XRP to have its ETF, despite a Bloomberg analyst's suggestion that it's unlikely to launch this year.
