Yuri Molchan

Mysterious SHIB leader has changed his Twitter bio status, heres the reaction of the Shiba Inu community

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Shytoshi Kusama has sent a new message to the Shiba Inu community. In the meantime, a top member of the SHIB team has compared Kusama to Vitalik Buterin and mentioned an upcoming surprise for the SHIB army.

The new Twitter bio status of the pseudonymous leader of the Shiba Inu developer team says the following: It is easier to attack a castle when they have no moat.

A screenshot of it was shared by a member of the SHIB army in Japan @kuro_9696_9696. Under that tweet, many Shiba Inu holders began wondering what Kusama meant to say by this, sounding clearly puzzled.

Several SHIB users assumed that this mysterious-sounding phrase may refer to the creation of the Shibarium-Ethereum bridge that was announced recently. They recalled Shytoshis popular response soon to the question wen Shibarium.

Now, that the beta network called Puppynet was rolled out on March 11 and the mainnet promised before May, users began asking Shytoshi and those close to him wen Shibarium mainnet? and also when the promised bridge will be launched.

Perhaps also Shytoshi was referring to SHIB rivaling projects earlier this year, he several times stated that competitors were trying to compromise Shiba Inu several times.

In a recent tweet, @LucieSHIB, content marketing specialist of the Shiba Inu team, posted a response to the numerous demands for constant updates on Shibarium and other SHIB-focused projects.

She was indignant at seeing on Twitter, Discord and Telegram frequent questions addressed to Kusama, demanding that he talks to the community and provide news for them.

Lucie expressed a doubt that Vitalik Buterin, who co-founded Ethereum, or Sandeep Nailwal, a co-founder of Polygon, provide their communities with updates all the time.

She reminded the SHIB army of what updates have already been rolled out the beta version of Shibarium (Puppynet) on March 11, an update on SHIB metaverse in a blog post on April 10.

Besides, she said, that since then Lucie herself and admins on Discord and Telegram have been constantly spreading the news about various partnerships of SHIB discussed behind the doors.

@LucieSHIB reminded the community what these partnerships may lead to SHIB-branded cold wallet, as one of them. Aside from that, she said, Shibarium Spaces was created for discussions of all that is happening in the SHIB ecosystem now, Shiboshis rewards and an upcoming surprise. She did not shed any light on what the latter might be, though.

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Shytoshi Kusamas New Message Puzzles SHIB Army, Heres What He Said - U.Today

Cryptocurrencies have displayed bullish momentum since January this year, with BTC pushing above $30,000 and Ethereum above $2,000 in April as the banking turmoil send investors toward cryptos. Although the buying pressure has slowed in recent weeks and we have seen a retreat in Ethereum in the last several days.

Another noteworthy development in the Ethereum ecosystem involves an Ethereum wallet associated with the Ethereum Foundation transferring 15,000 ETH tokens to a deposit address on the Kraken exchange. That was followed by another transaction where Vitalik Buterin, the co-founder of Ethereum, moved an additional 200 ETH tokens to the same exchange. The value of the first transaction amounts to approximately $30 million USD, sparking speculation and curiosity about the intentions behind the Ethereum Foundations actions.

On another such occasion back in November 2021, the Ethereum Foundation sold a substantial amount of 20,000 ETH, equivalent to around $9.5 billion at the time. This significant sale was followed by a decent price correction lower as it adjusted to the increased supply of ETH entering circulation. But, the correction looks almost complete as the 50 SMA (yellow) holds as support while the stochastic indicator is oversold already. So, we decided to open a buy ETH signal a while ago.

While the specific reasons behind the recent movement of funds from the Ethereum Foundations wallet and Vitalik Buterins personal address remain unclear, such transactions can be subject to various factors and motivations. Market observers and enthusiasts will undoubtedly be interested in monitoring any potential updates or announcements that shed light on the foundations intentions and how these transactions may impact the Ethereum ecosystem.

ETHEREUM

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Buying ETH After the Retreat on Ethereum Foundation Selloff - FX Leaders

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Maximum extractable value (MEV) refers to all of the money that can be extracted by reordering, viewing, adding, including, or excluding transactions within a block. The vast majority of MEV occurs via decentralized exchanges (DEXs) like Uniswap.

In all financial markets, the order of transactions is one of the most important determinants of price think quants who colocate nearby exchange servers with fiber optic cables to ensure their orders fill first.

Very often, discussions of MEV include the parties responsible for confirming transactions for ERC-20 tokens on Ethereum, which can come with issues such as validators being complicit with trading bots. Digital asset market participants have other ways to extract MEV using the different types of maximum extractable value.

Here are the four types of MEV:

Blockchain communities can attempt to control their own MEV through sovereign MEV, which refers to setting protocol rules for extracting MEV,allowing or disallowing certaintacticsfor MEVextraction, and specifying whereMEVproceeds mayaccumulate.

A protocols community can decide who and what to prioritize via sovereign MEV practices, often with consequences for breaking these rules. With some blockchains with sovereign MEV rules, for example, an abusive validator might face penalties such as staking pool users moving to another staking platform or validator. Others allow the community to decide who gets the MEV or how MEV is generated.

Read more: Ethereum tries to reduce MEV with blockers and rebates

Internal MEV refers to MEV generated directly on an application-specific blockchain or appchain. This form of MEV allows application developers to set rules that include the acceptable methods for capturing MEV. It can use atomic arbitrage, a trading strategy that places a buy order on one trading platform and a sell order of an equivalent quantity on another trading platform at the same time.

CeFi-DeFi MEV uses a form of arbitrage that exploits the differences between centralized exchanges and decentralized finance apps. An assets price tends to update on centralized exchanges before on-chain pools and DEX liquidity providers can reposition.

CeFi-DeFi MEV is one of the largest generators of MEV due to activity from arbitrage traders.

Interchain MEV takes advantage of the idea that most blockchains operate in silos that dont permit them to natively see whats happening on other blockchains. For example, the Bitcoin network cannot (excepting the use of third-party oracles) see transactions on the Ethereum blockchain.

Interchain MEV allows traders who can analyze cross-blockchain data to profit from swapping assets across blockchains via bridges or DEXs. Interchain MEV and associated arbitrage tactics happen most often in cross-domain blockchains like Cosmos.

Even Ethereum founder Vitalik Buterin has admitted that MEV will always exist in Ethereum. Validators can always select the transactions with higher fees even if those transactions are from obvious front-running or sandwich attackers. MEV traders use a variation of arbitrage and other techniques to maximize profits.

On the bright side, developers can build ways to keep MEV under control by adding rules on who can get the rewards and how users can extract MEV from their blockchains through sovereign MEV practices.

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How crypto traders can utilize MEV in blockchain transactions - Protos

It is never dull when Bitcoin inventor Dr. Craig Wright appears on a YouTube show as a guest. Recently, Dr. Wright spent a good hour on theAlfie Whattam Podcastto give insights into where he came from, how he grew up, the creation of Bitcoin, and more.

However, once host Alfie Whattam mentioned the names of known crypto influencers, Dr. Wright opened fire on each one of them.

Satoshi Nakamoto, or not?

Craig Wrightthe computer scientist, entrepreneur, and inventorwho many people believe is Satoshi Nakamoto, the creator of Bitcoin, Whattam introduced his guest.

Yes, I am. It does not really matter if people believe it or not,Dr. Wright said.

That is true. We are past the phase of trying to convince anyone of anything. The BSV blockchain has provenworld record-breaking capabilitieson a technical level already. At the same time, BSV-focused entrepreneurs and enterprises have begun implementing Bitcoin SV in their systems withastonishing results.

Dr. Wright explained to host Whattam that in his early career, he worked at the broker systems of the Australian Stock Exchange, which was kind of a peer-to-peer network back then:

People dont realize that, but the early Stock Exchange was mutual. It is now the Securities Exchange (), but the early system was owned by each of the brokers, so they were a mutual group where every broker had a say in the deal, and so every broker acted as a node.

Interesting, isnt it? The idea ofBitcoinstarted in 1998, and since then, Dr. Wrightsolved the electronic cash puzzle, created Bitcoin, and still works on Bitcoin as of today. Whattam listened closely to the background story presented by Dr. Wright and seemed to understand.

The juicy part: Craig Wright on a killing spree

Whattam seems to have had a list of known crypto names prepared to drop onto Dr. Wright. If you feedSatoshi Nakamoto with crypto influencers, you get an almost automated, ruthless, but honest response from him.

Hence why we saidSatoshi Nakamoto is a serial troll killer. And Whattams list was a long one:

Michael Saylor Vitalik Buterin Changpeng Zhao Charles Hoskinson Sam Bankman-Fried Brian Armstrong Adam Back

Concerning Binance CEO Changpeng Zhao (CZ), Dr. Wright stated thatBinance is basically involved in money laundering. That does not seem like an assumption out of nowhere.

Dr. Wright explained that he made an exercise with tens of thousands of email addresses, registering tens of thousands of accounts at Binance, with each having a withdrawal limit of 2 BTCwhich is a lotin the absence of afull KYC (know your customer) processfor these newly created profiles.

Fake Bitcoin and real Bitcoin

MicroStrategy(NASDAQ: MSTR) CEO Michael Saylor is described as one of the biggest losers of finance in world history by Dr. Wright. Congratulations, Michael Saylor. What Dr. Wright refers to is the fact that Saylor seems to have hadvery painful financial losses in the pastand may face a similar fate again after having loaded up his BTC wallets.

Whattam specifically asked about BTC. According to Dr. Wright, the BTC crowd split off from the original Bitcoin in 2017, which means that Michael Saylor bought BTC, the block-size-crippled fork of Bitcoin. Dr. Wright is still working on the real Bitcoin, nowadays called Bitcoin SV (BSV), or simply the BSV Blockchain.

The Don Quixote effect of Bitcoin

The podcast episode touched on various other topics as well. For example, Dr. Wright said he was filing a patent in the field of automated vehicles and is working on another patent that has to do with concrete technology.

At the end of the day, what matters is what I do nextnot what I have done before. When Don Quixote was written, it was written pseudonymously. There was a fake version of it; a sequel came out. Cervantes (the author) came out and wrote a sequel himself, saying: well, it is me! The way he proved it was writing another one, so people went: this is even better than your first one! Then they accepted that he was the author of both, Dr. Wright said.

That means: Dr. Wright invented Bitcoin, BTC forked off and created a new protocol, and now he is nurturing the BSV Blockchain to its full capacities. Dr. Wright basically invented Bitcoin again.

Watch: Crypto regulation will make life easier for BSV

New to Bitcoin? Check out CoinGeeksBitcoin for Beginnerssection, the ultimate resource guide to learn more about Bitcoinas originally envisioned by Satoshi Nakamotoand blockchain.

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Craig Wright on a killing spree against 'crypto' in recent podcast - CoinGeek

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCryptos own research on the subject.

XRP is a cryptocurrency that is designed to facilitate fast and cheap cross-border money transfers. It is the native token of the Ripple network, a decentralized payment protocol that is designed to connect banks, payment providers, and digital asset exchanges. Ripple aims to improve the speed and efficiency of cross-border payments by using XRP as a bridge currency.

One of the key advantages of XRP is its speed. Transactions on the Ripple network can settle in just a few seconds, compared to several minutes or even days for traditional wire transfers. This makes it an attractive option for businesses and individuals looking to send money across borders quickly and cheaply.

One of the key advantages of XRP is its speed. Transactions on the Ripple network can settle in just a few seconds, compared to several minutes or even days for traditional wire transfers. This makes it an attractive option for businesses and individuals looking to send money across borders quickly and cheaply.

ReadPrice Prediction for Ripple (XRP)for 2023-24

One reason for XRPs relatively strong performance may be its strong adoption in the financial industry. Many banks and financial institutions have begun using XRP as a means of facilitating cross-border payments, which has helped increase demand for the cryptocurrency. Additionally, Ripple Labs has made significant efforts to promote the adoption of XRP, which has helped promote its credibility and appeal.

After the company was established, the XRPL architects gifted 80 billion XRP tokens to Ripple for the company to build on the network. The XRP Ledger uses a consensus system that involves several bank-owned servers to verify transactions. The validators verify that the proposed transactions are valid by comparing them to the most recent version of the XRP Ledger.

A transaction must be accepted by the majority of validators to be verified.

The XRP ledger uses distributed ledger technology, which is different from the more commonly used blockchain technology. This technology allows bank and non-bank actors to incorporate the Ripple protocol into their own systems, as the protocol is completely open and accessible to anyone without prior approval from Ripple Labs.

In 2017 and early 2018, XRP reached an all-time high of $3.40, marking a 51,709% increase from its original price at the beginning of that year. Although it has since declined, XRP remains a significant player in the cryptocurrency market and is consistently ranked among the top ten coins in terms of market capitalization. The team behind XRP and Ripple continue to work on the development of the XRP ledger and its potential use cases in the global financial system. Overall, XRP remains a significant and influential cryptocurrency in the world of finance and technology.

In 2020, the US Securities and Exchange Commission (SEC) sued Ripple, alleging that the company sold $1.3 billion in unregistered securities through its XRP cryptocurrency. Ripple denies the allegations, claiming that XRP is not a security and does not meet the criteria for the Howey Test.

A report byCoinSharesindicated that investors are confident of Ripples victory in the landmark case against the SEC. This is based on the fact that XRP investment products have seen consistent inflows for three consecutive weeks.

On the business front, Ripple revealed key developments pertaining to its European expansion. The companysharedits progress with Paris- based Lemonway and Xbaht in Sweden. Businesses in France and Sweden will now be able to leverage Ripples On-Demand Liquidity (ODL).

On 15 November, Rippleannounced that it partnered with MFS Africa, a leading FinTech firm with the largest mobile money footprint in the continent. This joint venture seeks to streamline mobile payments for users in 35 countries.

In other news, Ripple CTO David Schwartz took toTwitterto offer former employees of the troubled crypto exchange FTX, a place at Ripple. However, this offer only stands for employees who were not involved with compliance, finance, or business ethics.

Ripplestie-upwith Tokyo Mitsubishi Bank in 2017 was a major milestone. Following the same, it became the second-largest crypto by market capitalization for a brief period. A year later, Ripple was in the news again for itspartnershipwith international banking conglomerate Santander Group for an app focusing on cross-border transactions.

In terms of rivals, Ripple has close to none at the moment. They are the leading crypto firm catering to financial institutions around the world. As the number of partnerships grows, XRP will reap the benefits. After all, it is the medium of exchange for all cross-border transactions enabled by RippleNet.

Ripple has been capitalizing on the need for quick transactions and another untapped potential in emerging economies, given that nations in Latin America and Asia-Pacific regions are more likely to realize the value of blockchain and its tokens compared to their first-world counterparts. With the rise of central bank digital currencies (CBDC), it is likely that developing countries looking to explore this option will go for Ripple, since it already offers a well-established cross-border framework. Increased adoption of CBDCs will also lead to banking institutions considering integrating crypto into their services. This will work out very well for Ripple, since RippleNet is already associated with a number of banks.

Blockchain solutions being offered to Ripples Central Bank partners wanting to venture into CBDCs include the option to leverage the XRP ledger using a private sidechain.

Ripple is predicted to develop rapidly over the forecast period, as it can be used for a variety of functions like accounting, investment, smart contract implementation, and decentralized programming.

XRP has an edge over its rivals due to its low cost of entry. The fact that a few dollars will buy tens of XRP seems appealing to new investors, especially those who prefer little investment.

According to a Valuatesreport, the cryptocurrency markets size is expected to hit $4.94 billion by 2030, growing at a CAGR of 12.8%. A number of crypto-firms will benefit from this, Ripple among them.

The growth in the cryptocurrency market is spurred by an increase in the demand for operational efficiency and transparency in financial payment systems, as well as an increase in demand for remittances in developing nations.

The general idea is that RippleNets adoption by financial institutions will increase, leading to more recognition of the platform as well as its native token. This has also been factored in while calculating predictions for 2025 and beyond.

Data from CoinMarketCap shows that XRP has lost more than 6% of its value over the past seven days. At the time of writing, the token was trading at $0.46, with a market capitalization of $23 billion. As the sixth largest crypto in the world, XRP saw a trading volume of more than $734 million over the past 24 hours. The total open interest on XRP perpetual contracts have gone down by 0.84% in 24 hours.

XRPs press time price was a far cry from its all-time high of $3.84 in January 2018. As a matter of fact, its price was closer to its launch price than its all-time high.

Although XRP gained somewhat over the last three months, its recent returns have made investors worried.

On 22 December 2020, the U.S Securities and Exchange Commission (SEC)fileda lawsuit against Ripple Labs. The lawsuit alleged that Ripple had raised $1.3 billion through the sale of unregistered securities (XRP). In addition to this, the SEC also brought charges against Ripples top executives, Christian Larsen (Co-founder) and Brad Garlinghouse (CEO), citing that they had made personal gains totaling $600 million in the process.

The SEC argued that XRP should be considered security rather than a cryptocurrency and as such, should be under their purview.

A verdict in favor of the SEC will set a rather unpleasant legal precedent for the broader crypto market. This is why this case is being closely observed by stakeholders in the industry.

It is evident that developments in the lawsuit have a direct impact on XRPs price. Following the news of the lawsuit in 2020, XRPtankedby almost 25%. In April 2021, the judge handed Ripple a small victory bygrantingthem access to SECs internal documents, which caused XRP to rise over the $1-mark A threshold that the crypto hadnt crossed in 3 years.

According to atweetby Defense Attorney James Filan on 15 August 2022, the U.S District Court for the Southern District of New York dealt yet another blow to the SEC when Judge Sarah Netburn granted Ripples motion to serve subpoenas to obtain a set of video recordings for the purpose of authentication, dismissing the regulators claim that Ripple was trying to reopen discovery. This was in response to Ripplesmotionfiled on 3 August 2022.

In theOpinion & Orderpublished earlier in July, Judge Sarah Netburn condemned the SEC for its hypocrisy and actions which suggested that the regulator was adopting its litigation positions to further its desired goal, and not out of a faithful allegiance to the law.

The lawsuits verdict, whatever it is, will have a lasting impact on XRPs value. It is important to note that a verdict in favor of the SEC would make XRP security only in the U.S. because the regulator does not have jurisdiction across the countrys borders. This should offset some of the damage to Ripple, given that it has a substantial amount of business globally.

Carol Alexander, Professor of Finance at the University of Sussex,believesthat XRP is unlike any other crypto. She believes that if Ripple manages to beat the SEC lawsuit, it could start taking on the SWIFT banking system. SWIFT is a messaging network that financial institutions use to securely transmit information and instructions.

In an interview with CNBC, Ripple CEO Brad Garlinghousetalkedabout the possibility of an IPO after the case with the SEC is resolved. Ripple going public will have a significant impact on XRPs price action in the following years.

In aninterviewwith Axios at Collision 2022, Garlinghouse further stated that the current price of XRP has already factored in Ripple losing the case. If Ripple loses the case, does anything change? Its basically just status quo, he added.

As for his personal opinion on the verdict, Garlinghouse is betting that it will be in favor of Ripple. Im betting that because I think the facts are on our side. Im betting that because the law is on our side, he remarked.

Curiously, support for Ripple and XRP hasnt been universal really, with Ethereums Vitalik Buterin recentlycommenting,

XRP already lost their right to protection when they tried to throw us under the bus as China-controlled imo

Ripple and the SECs lawsuit is not just restricted to the courtroom. The matter is often covered by the media with both parties having been featured in multiple op-eds, often criticizing each other. Just this month, the market watchdog and the crypto firm were the subject of a heated exchange through pieces published by the Wall Street Journal.

On August 10, SEC Chairman Gary Gensler reiterated his stance on the definition of crypto assets and their oversight in hisop-edpiece featured in The Wall Street Journal. Make no mistake: If a lending platform is offering securities, it . . . falls into SEC jurisdiction.

Chairman Gensler went on to cite the $100 millionsettlementthat the regulator had reached with BlockFi, stating that the crypto markets must comply with time-tested securities laws. As per the terms of the settlement, BlockFi has to rearrange its business to comply with the U.S Investment Company Act of 1940 in addition to registering under the Securities Act of 1933 to sell its products.

In response to Chairman Genslers op-ed, Stu Alderotypublishedhis own piece in The Wall Street Journal and did not mince his words while taking a shot at the regulator. Alderoty accused Gensler of side-lining fellow regulators (CFTC, FDIC etc.) and overreaching its jurisdiction, as opposed to the executive order by U.S President Joe Biden, which directed agencies to coordinate on regulations for crypto.

What we need is regulatory clarity for crypto, not the SEC swinging its billy club to protect its turf at the expense of the more than 40 million Americans in the crypto economy, Alderoty added.

A controversial article authored by Roslyn Layton in Forbes on 28 August pointed out that since 2017, the SECs Crypto Assets Unit has been involved in 200-odd lawsuits. According to Layton, this figure suggests that instead of coming up with clear regulations to ensure compliance, the regulator would rather engage crypto firms with lawsuits in an attempt to regulate by enforcement.

Ripple CTO David Schwartz found himself in a stand-off with Ethereum Co-Founder Vitalik Buterin earlier this month, after Buterin took a dig at XRP ontwitter. Schwartz hit back andrespondedto Buterins tweet, comparing miners in the PoW ecosystems like Ethereum to stockholders of companies like eBay.

I do think its perfectly fair to analogise miners in PoW systems to stockholders in companies. Just as eBays stockholders earn from the residual friction between buyers and sellers that eBay does not remove, so do miners in ETH and BTC, Schwartz added.

Now, putting an accurate figure on the future price of XRP is not an easy job. However, as long as there are cryptocurrencies, there will be crypto pundits offering their two cents on market movements.

Changelly has gathered an average prediction of $0.47 for XRP by the end of 2022. As for 2025, Changelly has provided a range between $1.47 to $1.76 at max for XRP.

Finders conclusion from a panel of thirty-six industry experts, is that XRP should be at $3.61 by 2025. It should be noted that not all of those experts agree on that forecast. Some of them believe that the crypto wont even cross the $1 threshold by 2025. Keegan Francis, the global cryptocurrency editor for Finder, does not agree with the panel of experts. He predicts that XRP will be worth $0.50 by the end of 2025 and, surprisingly, a mere $0.10 in 2030.

According to data published onNasdaq, the average projection for 2025 is around $3.66.

Are your XRP holdings flashing green? Check theprofit calculator

Finders experts had a rather conservative figure for XRP in 2030. They believe that the crypto could hit $4.98 by 2030. In a statement to Finder, Matthew Harry, the Head of Funds at DigitalX Asset Management, revealed that he doesnt see any utility in XRP other than the speculation element.

According to data published on Nasdaqswebsite, the average projection for 2030 is around $18.39.

Year-to-date (YTD) figures from Ripples Quarter 2 earningsreporthave made it clear that despite the drop in XRPs price, demand for their On-Demand Liquidity service not only remained undeterred but actually grew by nine times year-over-year (YoY) with ODL sales totalling $2.1 billion in Q2. The report further stated that Ripple has pledged $100 million for carbon removal activities, in line with their carbon neutral objective and sustainability goals.

Ripples Crypto Trendsreport claims that NFTs and CBDCs are still in their nascent stages and, as their potential is gradually realized, its impact on Ripples network and on the broader blockchain space will be visible.

It should be noted that while various experts have predicted XRPs price to increase in the following years, there are some who believe that XRP will lose all value by the end of the decade.

The major factors that will influence XRPs price in the coming years are:

Predictions are not immune to changing circumstances, and they will always be updated on new developments.

With the Fear and Greed index leaning towards neutral at press time, it implies that investors were confident in their expectations about XRP.

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Ripple (XRP) Price Prediction 2025-2030: XRP scores at this level, more inside - AMBCrypto News