ceo mastercard predicted xrp remain only cryptocurrency in 2023 xrp to 95 000. during an
interview that took place in davos ripple ceo brad garlinghouse said that he agrees with the recent
statement by ethereum co-founder gavin wood that many cryptocurrencies will not survive welcome to
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do you think the analysts are right about xrp write the answers in the comments giving away 500
xrp at the end of the week one random subscriber will receive xrp coins take a look at the
instructions in the comments section all you need to do is write the word xrp watch the video to the
end to like and subscribe i would repeat that garlic house remarked back in 2019 garlinghouse
predicted that 99 of all cryptocurrencies would depreciate according to the head the initial boom
in the supply of coins was not particularly big for the cryptocurrency at the same time he admits
that his forecast was not accurate since the total number of cryptocurrencies increased to
seventy 19574 according to him the crypto industry is still at the pre-cambrian stage
as there are still many experiments some of the tier one technologies are not going anywhere
as they solve different use cases he also noted that the sector of non-interchangeable
tokens which mainly runs on ethereum suffers from astronomical gas fees according to him
there should be a better technology to support nft as they will not disappear mastercard ceo
michael mibac recently made some interesting comments while answering a question during a
panel discussion dedicated to the discussion of central bank digital currencies cdbc the question
was asked if he thinks that the swift network will exist in five years to which miback replied no
which stunned many swift is currently a monopoly when it comes to cross-border payments but its
foothold in this space is rapidly eroding with the introduction of blockchain and digital assets
instead the future is likely to focus on digital blockchain networks that will take on this role
as well as the growth of cdbc in financial systems during the discussion the future of cross-border
payments and the potential of cbdc in the financial system were discussed cryptocurrency was
also often mentioned other well-known panelists who attended the forum are also confident that
the relevance of the swift network is decreasing due to new failures however some thought that
five years might be too short a time and that the network would exist longer than that time
during the forum ibac was the only one who said that swift would be replaced in the near future
and this is very promising since he represents mastercard which is currently a leader in its
field this suggests that alternative networks such as ripple net may eventually play a more important
role when it comes to international payment systems of the future rus ceo of digital asset
believes that swift will be replaced by other efficient cross-border payment systems in fact
mastercard being a partner of ripple may consider it as a capable system to replace the swift system
the price of xrp bitcoin ethereum and other cryptocurrencies is in a consistently narrow range
after a large scale dropped two weeks earlier as the price consolidates wales an ordinary investors
consider these levels good for entering the market although there is no certainty that the fall has
ended against the background of the recent downturn in the market the xrp ripple whales
have become quite active again according to the online network data provider sentiment xrp whales
owning from 1 to 10 million coins are actively accumulating sentiment wrote the whales of the
xrp network owning from 1 to 10 million dollars of x rp have accumulated and now hold the highest
percentage of the asset supply for two months this is the most active level of non-exchange holders
and they currently own six twelve percent of all dollar xrp the xrp cryptocurrency has adjusted
more than 50 percent after a brutal market collapse and over the past two months at the
time of publication xrp is trading at zero dollars fortion is the sixth largest cryptocurrency in
the world by market capitalization according to cnbc the head of ripple labs brad garlinghouse
mentioned during the world economic forum in davos that the company will consider an initial public
offering ipo as soon as the litigation with the securities and exchange commission [ __ ] ends
cryptocurrency company ripple will study the ipo after the end of the sec lawsuit ceo says cnbc to
date the lawsuit filed by the sec against ripple labs has been going on for almost a year and a
half ripple believes that it may end by the end of 2022 according to the ceo as soon as this happens
ripple will seriously consider an ipo garlinghouse told cnbc that the company expects to receive
certainty and regulatory clarity from regulators in the united states in general he constantly
insisted that the united states introduce uniform rules for the blockchain and cryptocurrency sphere
but you know we are certainly at the stage of development when it is possible and we'll look
into it as soon as we finish this lawsuit with the sec last year the ceo of ripple's main partner
in japan sbi group also predicted that ripple labs would conduct an initial public offering
ipo after the lawsuit saying that chris larson co-founder and former ceo wants this to happen
ripple ceo brad garlinghouse shared his opinion on the recent collapse of the terra ecosystem and its
subsequent impact on the rest of the crypto market he noted that this is a sad event but it does not
indicate that algorithmic stable coins have failed who said algorithmic stable coins won't
be successful in five to ten years cointelegraph interviewed ripple ceo brad garlinghouse at the
filecoin foundation decentralized web gateway event in davos regulation and clarity are the
key things we expect from regulators when it comes to the crypto industry garlinghouse said
in an interview with cointelegraph and added the word crypto used to be bad in davos now more and
more people are talking about it and the number of cryptocurrency companies participating has grown
the ripple employee responsible for development in southeast asia brook sent whistle shared his
opinion on the current debate about whether the industry is experiencing a cryptocurrency winter
this has happened before it will happen again and i think the main thing for us is to adapt to this
i think this is an opportunity in a way it's hype and we have to focus on something else bulls are
defending the nearest support at zero dollars 38 although ripple xrp rebounded from zero dollars
39 on may 24th the bulls were unable to hold on to higher levels
bears are again trying to lower the price below the support at zero dollars 38 but the long tail
of the candle suggests active purchases at lower levels if demand continues at higher levels bulls
will try to push the price above the downtrend line and challenge the 20 day ema zero dollars
46. on the contrary if the price turns down from the current level or the downtrend line
the bears may again try to lower the xrp slash usdt pair below zero dollars 38. if they succeed
the pair could fall to the vital support at zero dollars 33 according to a recent tweet by james k
phelan the sec has filed an objection to an amicus request from xrp holders to attend a briefing
on the expert challenge the agency is asking judge maria torres to extend the deadline until
june 7th due to the upcoming holiday and other deadlines for holding briefings the defendants
and lawyers of amici curie do not object to the petition which means that the court is
likely to satisfy it in october 2021 lawyer john deaton's request for intervention was rejected
however the court granted amichi status to six xrp holders which gives them the opportunity
to assist the court the current price of xrp for today you can see yourself on the screens
and the trading volume for 24 hours is one two nine four four three six zero six five us dollars
we are updating our xrp price in us dollars in real time xrp has dropped four eight percent in
the last 24 hours do you think xrp will be able to win the court and restore its former price
write the answers in the comments that's it for today thank you for watching this
video to the end if you liked it then don't forget to like it and subscribe to the channel