David Schwartz says don’t invest in Ripple

Ripple held as much as $180 billion worth of XRP at its January 4, 2018 peak.  Forge Global, a secondary market for private investors that Charles Schwab recently acquired, first listed Ripple stock at $19.74 per share in January 2023. It peaked at $243.23 on November 6, 2025, and now trades at $116, imputing a $19 billion valuation.  Importantly, Forge Globals valuation today is less than half the valuation claimed by Ripple itself two months ago — and certainly less than the value of its XRP holdings at that time.  XRP is not a Ripple investment  Ripple has never conducted an initial public offering, and theres no public stock price on which to base a valuation of its equity.  Nonetheless, because Ripple has historically controlled such a disproportionate percentage of the supply of XRP, many retail investors mistakenly bought XRP as a proxy bet on Ripples success.  Periodically, the company discloses a fundraising round with a headline valuation number with few details as to what obligations or considerations went into the valuation.  Conveniently, the valuation of Ripple has broadly tracked the value of its XRP holdings. Its valuation, most recently near $50 billion in March, roughly equaled its XRP holdings at the time.  Alongside Arthur Britto, Schwartz co-created

05-06

Chainlink Price Prediction: LINK Consolidates Ahead of Potential $10 Breakout

LINK consolidates between $9.17 and $9.62, signaling potential breakout soon aheadLow ADX and EMA resistance indicate weak momentum and limited bullish control nowRising open interest contrasts with persistent outflows, showing mixed sentiment  Chainlinks $LINK price continues to hover within a tight band, reflecting a market stuck between hesitation and potential expansion. Recent 4-hour chart data shows price compression after a failed push toward higher levels. Traders now watch closely as volatility contracts and signals point toward an imminent directional move.  Range-Bound Structure Signals Imminent Shift  Price action currently fluctuates between $9.17 and $9.62, forming a clear consolidation range. This structure often precedes strong breakouts.  Moreover, LINK trades between key Fibonacci levels, specifically the 0.5 and 0.786 retracement zones. These levels typically act as decision points. However, buyers have not yet secured control, while sellers still defend higher resistance zones.  Chainlink Price Dynamics (Source: Trading View)  Support remains firm near $9.17, with deeper safety nets at $9.08 and $8.95. A break below this floor could trigger a sharper decline toward $8.70.  On the upside, resistance between $9.55 and $9.62 continues to reject bullish attempts. Hence, a confirmed move above $9.62 could open the path toward $9.80 and eventually $10.00.  Weak Momentum Reflects Market Indecision  Technical indicators further highlight the lack

05-06

Crypto Layoffs: Why Coinbase & Other Crypto Firms Cutting Jobs In 2026?

The post Crypto Layoffs: Why Coinbase re doing this now, what it means for those affected, and how this positions us for the…  Meanwhile, restructuring itself isnt cheap. Severance packages, equity vesting, and transition support all add up in the short term so even as firms chase long-term efficiency.

05-06

Shiba Inu (SHIB) Lost Its Prestigious Position Once Again: Is a Comeback Possible?

Tech  Shiba Inu (SHIB) Lost Its Prestigious Position Once Again: Is a Comeback Possible?  1 hour ago  Bitcoin Ethereum News  DOGE remains the undisputed leader in the meme coin realm, whereas the battle for the second spot has been fierce lately.  ;  }  function loadTrinityPlayer(targetWrapper, theme,extras=“”) {  cleanupPlayer(targetWrapper); // Always clean first ✅  targetWrapper.classList.add(‘played’);  // Create script  const scriptEl = document.createElement(“script”);  scriptEl.setAttribute(“fetchpriority”, “high”);  scriptEl.setAttribute(“charset”, “UTF-8”);  const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/?themeAppearance=${theme}${extras}`);  scriptURL.searchParams.set(“pageURL”, window.location.href1);  scriptEl.src = scriptURL.toString();  // Insert player  const placeholder = targetWrapper.querySelector(“.add-before-this”);  placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling);  }  function getTheme() {  return document.body.classList.contains(“dark”) ? “dark” : “light”;  }  // Initial Load for Desktop  if (window.innerWidth 768) {  const desktopBtn = document.getElementById(“desktopPlayBtn”);  if (desktopBtn) {  desktopBtn.addEventListener(“click”, function () {  const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);  if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),  });  }  }  // Mobile Button Click  const mobileBtn = document.getElementById(“mobilePlayBtn”);  if (mobileBtn) {  mobileBtn.addEventListener(“click”, function () {  const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);  if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),  });  }  function reInitButton(container,html){  container.innerHTML = + html;  }  // Theme switcher  const destroyButton = document.getElementById(“checkbox”);  if (destroyButton) {  destroyButton.addEventListener(“click”, () = {  setTimeout(() = {  const theme = getTheme();  if (window.innerWidth 768) {  const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);  if(desktopWrapper.classList.contains(‘played’)){  loadTrinityPlayer(desktopWrapper, theme,  }else{  reInitButton(desktopWrapper,‘’)  const desktopBtn = document.getElementById(“desktopPlayBtn”);  if (desktopBtn) {  desktopBtn.addEventListener(“click”, function () {  const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);  if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,‘  });  }  }  } else {  const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);  if(mobileWrapper.classList.contains(‘played’)){  loadTrinityPlayer(mobileWrapper, theme,  }else{  const mobileBtn = document.getElementById(“mobilePlayBtn”);  if (mobileBtn) {  mobileBtn.addEventListener(“click”, function () {  const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);  if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,  });  }  }  }  }, 100);  });  }  })();  The self-proclaimed Dogecoin killer, long-standing as the second-largest meme coin, has recently faced serious pressure from the fast-rising MemeCore (M).  The latter posted a double-digit price increase over the past 24 hours and

05-06

EUR/USD holds firm as weaker US economic data and yields weigh on USD

The Euro (EUR) trades on the front foot against the US Dollar (USD) on Tuesday as a mild pullback in Oil prices pushes US Treasury yields lower, adding pressure on the Greenback. At the time of writing, EUR/USD is trading around 1.1701, rebounding from an intraday low of 1.1676.  Despite the intraday bounce, the upside in EUR/USD appears limited as market sentiment remains fragile following renewed hostilities in the Middle East, which could help limit losses in the US Dollar. The US Dollar Index (DXY), which tracks the Greenbacks value against a basket of six major currencies, is trading around 98.40, down about 0.07% on the day.  Reports of fresh attacks in the Gulf region on Monday have cast doubt over the durability of the ongoing ceasefire. However, US Defense Secretary Pete Hegseth said on Tuesday that the ceasefire with Iran is “not over” despite escalating tensions in the Strait of Hormuz, adding that US President Donald Trump will decide if the recent tensions count as a violation.  This has helped ease fears of an immediate escalation and triggered a pullback in Oil prices, with West Texas Intermediate (WTI) down around 3% at the time of writing.  However, Oil prices remain elevated overall, keeping

05-06

Asentum Unveils Post-Quantum Blockchain Testnet, Introducing a New Foundation for Secure and Accessible On-Chain Systems

— Asentum today announced the successful launch of its public testnet, marking the debut of a Layer-1 blockchain built from the ground up with post-quantum cryptography, native JavaScript smart contracts, and a validator system designed for real-world participation.  Asentum is a new blockchain architecture that rethinks the assumptions underlying current networks. Rather than retrofitting legacy systems, Asentum is designed from genesis to address three emerging challenges: long-term cryptographic security, developer accessibility, and meaningful decentralization.  At its core, Asentum integrates post-quantum digital signatures (ML-DSA-65 / Dilithium3) into every layer of the protocol. While most blockchains rely on cryptographic schemes vulnerable to future quantum computing advances, Asentum is built to withstand them from day one. There is no migration plan or legacy signature history—every transaction and consensus message on the network is secured using post-quantum standards.  The network also introduces a JavaScript-based execution model, enabling smart contracts to be written in a language already used by millions of developers worldwide. Contracts run inside a deterministic, hardened sandbox (SES), ensuring consistent execution across nodes while removing common sources of vulnerabilities. This approach eliminates entire classes of bugs, such as reentrancy, by design, while dramatically lowering the barrier to entry for building on-chain applications.  “Asentum is about removing

05-06

Garlinghouse defends Clarity Act shift

Ripple CEO Brad Garlinghouse defended Clarity Act progress at Consensus 2026, calling the past week a “big positive shift.”Garlinghouse spoke live at Consensus 2026 in Miami, expressing renewed confidence in the Clarity Acts path through the Senate.The Ripple CEO pointed to growing Senate support as evidence that legislative momentum behind the bill is real.His comments arrive as the Clarity Act faces simultaneous industry backing and resistance from major US banking groups.  Ripple CEO Brad Garlinghouse took the Consensus 2026 stage in Miami today and told attendees the Clarity Act is gaining genuine ground in Washington. He called the past week a “big positive shift,” pointing specifically to growing Senate support as proof that the bill is moving.  His confidence arrives at a tense moment for the legislation. The Clarity Act has secured backing from major crypto trade groups, with Coinbase and Circle both urging the Senate Banking Committee to advance the bill after a stablecoin yield compromise was brokered by Senators Tillis and Alsobrooks. Banking associations have pushed back against those yield provisions, arguing the deal introduces systemic risk to traditional financial institutions.  The regulatory backdrop behind Garlinghouses optimism  Garlinghouse has made regulatory clarity the centrepiece of Ripples public positioning for years. A Ripple

05-06

State Street and Galaxy (GLXY) launch tokenized fund to bring cash management onchain

State Street Investment Management and Galaxy Asset Management (GLXY) have launched a tokenized fund designed to move a core piece of finance — cash management — onto blockchain networks, the firms said Tuesday.  The State Street Galaxy Onchain Liquidity Sweep Fund, trading under the ticker SWEEP, allows large investors to park stablecoins into a fund that generates yield, while keeping the ability to move in and out at any time. Unlike traditional money market funds that operate during market hours, the new structure runs continuously on blockchain infrastructure.  The market for tokenized funds has grown quickly over the past year, led by products like BlackRocks BUIDL, which packages short-term U.S. Treasury exposure into a blockchain-based token. BUIDL has attracted billions of dollars, signaling that institutions are willing to hold tokenized versions of familiar instruments when the structure meets compliance and liquidity needs.  Other firms, including Franklin Templeton and now State Street with SWEEP, are building similar products, each experimenting with different blockchains and investor access models.  SWEEP launches on the Solana (SOL) blockchain, with plans to expand to Ethereum (ETH) and Stellar (XLM). Galaxy provides the underlying tokenization system, while Anchorage handles custody of digital assets and State Street oversees traditional securities held in

05-06

Bullish (BLSH) Stock Jumps 17% on $4.2B Equiniti Acquisition Deal

Under the leadership of Tom Farley, formerly president of the NYSE, the crypto exchange debuted on the New York Stock Exchange in August 2025 with an opening price of $90 per share. Even with Tuesdays rally, shares remain 46% below that initial listing price.  As a prominent transfer agent, Equiniti manages financial documentation and executes critical transactions for companies with publicly traded securities. Its roster of clients features Berkshire Hathaway, Moodys, and Rolls-Royce.  The firm provides services to more than 20 million authenticated shareholders and handles approximately $500 billion in payments each year. Equinitis current portfolio includes roughly 3,000 publicly listed corporations worldwide.  According to Bullish, the acquisition provides access to essential regulated infrastructure that every public company requires: a licensed transfer agent. This component has long been viewed as a critical gap preventing broader institutional participation in blockchain-powered capital markets.  Strategic Rationale Behind the Acquisition  The newly formed entity will deliver comprehensive tokenization capabilities. These include continuous 24-hour securities trading, payments utilizing tokenized U.S. dollar stablecoins, and immediate settlement mechanisms.  “Tokenization represents a once-in-a-generation transformation in capital market operations,” Farley stated in the companys announcement.  He emphasized that achieving widespread institutional adoption demands comprehensive tokenization, a single unified ledger, and strong relationships with issuers. “This merger

05-06

Securitize, Jump and Jupiter unveil first institutional-grade onchain secondary market for real stocks

Real-world asset trading stack trio, including Securitize, Jump Trading Group, and Jupiter, have joined forces to launch a fully regulated system for trading tokenized equities onchain, according to a Tuesday announcement.  The effort aims to move tokenization beyond mere issuance into full-lifecycle trading, allowing equities to be issued, distributed, and exchanged on secondary blockchain rails while remaining strictly within existing regulatory frameworks.  As part of the launch, Securitize provides the regulatory backbone, operating as an SEC-registered broker-dealer, an alternative trading system, a transfer agent, and KYC-gated wallet infrastructure.  Tokenization has reached a point where the focus is no longer on onchain issuance, but on enabling assets to trade at scale under public-market standards, as noted by Securitize CEO Carlos Domingo.  He said the collaboration shows that liquidity, access, and compliance can coexist within existing regulatory frameworks, a combination he said is key to unlocking adoption by issuers, investors, and regulators.  Jump Trading Group supplies liquidity via its PropAMM system on Solana, offering spreads of roughly 1 to 5 basis points that compete with traditional equity venues. Jupiter serves as the user-facing entry point, giving millions of its active wallets a familiar DeFi interface to access and trade tokenized shares.  According to Jump Trading, the effort is

05-06
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