In the major XRP news today, Ripple and XRPL co-founder Arthur Britto ended nearly 14 years of silence with a cryptic post on X containing a single emoji. The post sparked speculations in the XRP community, as Ripple and XRP Ledger near a major paradigm shift. Is a big move coming related to XRP price, Ripple, or the SEC lawsuit?
XRP News: Ripple CTO Confirms It Is Arthur Britto
Ripple CTO David Schwartz responded to an X post by Arthur Britto and confirmed the return of Arthur Britto on the social media platform. He said, “I can confirm this was not a hack or compromise. Notably, Britto had joined the social media platform in August 2011 but had never posted until this date, despite a huge number of followers.”
He added further speculation in the XRP community by saying, “How deep does this conspiracy go?” The XRP community is actively anticipating positive news due to uncertainty in the global markets.
The cryptic post by Arthur Britto sparked intense speculation in the XRP community due to his historical anonymity. As per Crunchbase, he has founded Ripple and PolySign, a fintech company that previously owned Standard Custody & Trust. It is important to know that Polysign was founded by Britto and Ripple CTO Schwartz.
In addition, Arthur Britto collaborated with David Schwartz and Ripple co-founder Jed MacCaleb to develop XRP Ledger (XRPL) in 2011. Also, he likely served as an advisor at Ripple until 2019.
His presence with numerous projects and decisions related to Ripple has led to intense speculation in the XRP community.
XRP Price to Reach $10,000 Claim
Arthur Britto has never directly confirmed a $10,000 price prediction for XRP. However, reports have widely spread this rumor due to his status as Ripple and XRPL co-founder.
XRP price jumped 9% in the past 24 hours, with the price currently trading at $2.20. The 24-hour low and high are $1.97 and $2.21, respectively. Furthermore, the trading volume has decreased by 2% in the last 24 hours, indicating a potential buying by whales or large traders.
CoinGlass data shows that total XRP futures open interest also jumped more than 7% in the last 24 hours. At the time of writing, the total XRP futures OI was up more than 3% to $3.81 in the last 4 hours.
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