The CEO Of Ripple Says Bitcoin Tribalism Is Holding Back The Crypto Industry
As one of the most influential people in the crypto space, the CEO of Ripple says he owns Bitcoin and other cryptocurrencies. But to him, only promoting Bitcoin will stop industry growth. As a result, the crypto industry could potentially lose millions for miners with less incentive than before if nothing changes soon. At the CNBC event, Brad Garlinghouse, CEO and founder of Ripple, recently said that the tribalism around Bitcoin and other digital currencies has been holding back the industry’s growth. Related Reading | Could Netflix Tumble Down The Crypto Market? “It is not....
Related News
The last decade has been good to bitcoin and other cryptocurrencies. But this growth will soon necessitate an end to community infighting. The post The Sudden, Unexpected End of Crypto Tribalism appeared first on Bitcoin Magazine.
Ripple corrected gains from well above $0.5000 against the US Dollar. XRP price is holding the key $0.3400 support, and it is likely to resume higher towards $0.4200 and $0.4400. Ripple started a fresh decline after it failed to clear the $0.5500 resistance against the US dollar. The price is still holding the $0.3400 support […]
Ripple CEO Brad Garlinghouse reiterated his concerns over the lack of regulatory clarity from the U.S. Securities and Exchange Commission (SEC). Previously, both Garlinghouse, and Ripple CTO Chris Larsen, had expressed a desire to leave the U.S. due to what they perceive as stifling conditions. More recently, in a CNN interview, Garlinghouse said little has […]
Ripple started a downside correction below $0.6500 against the US Dollar. XRP price is likely preparing for the next major move, similar to bitcoin and ETH. Ripple corrected lower, but it remained stable above $0.6000 against the US dollar. The price is struggling to clear $0.6500, but it is well above the 100 simple moving […]
The response comes as Ripple Labs and other critics believe the SEC has overstepped its mark on the enforcement of the crypto space. Ripple Labs General Counsel Stu Alderoty has hit back at a recent opinion piece by Security and Exchange Commission chairman Gary Gensler, arguing that the regulator's crypto market shakedowns aren’t protecting consumers. In an Aug. 28 opinion piece on the Wall Street Journal (WSJ) titled “The SEC Wants to Be America’s Crypto Cop,” Alderoty claimed the SEC is “pushing aside his follow regulators” instead of concentrating on providing regulatory clarity for....