David Schwartz once sold 40,000 Ethereum tokens for $1.05 each. That trade netted him $42,000. Those same tokens are worth roughly $94 million today. A Pattern Of Early Exits It wasn’t a one-time call. Schwartz, the former chief technology officer of Ripple, also held more than 1,000 Bitcoin at one point. He sold the bulk…
Tag: David Schwartz
Here’s How High The XRP Price Will Be If It Repeats The 2017 Surge
Crypto pundit Crypto Dyl has revealed how high the XRP price could reach if it replicates its historical surge in 2017. This comes amid former Ripple CTO David Schwartz’s statement in which he addresses predictions that the altcoin could rally to $10,000. Pundit Reveals XRP Price Target If It Mirrors 2017 Surge In an X…
David Schwartz Challenges $10,000 XRP Theory With Simple Question
Former Ripple CTO David Schwartz pushed back against renewed claims that XRP could reach $10,000, arguing that the market itself already provides a reality check on such extreme price targets. In an exchange on X, Schwartz framed the issue less as a debate over belief and more as a question of rational capital allocation: if…
Ripple’s David Schwartz Shuts Down Claims Of XRP Hitting $100
Discussion around XRP’s long-term price outlook picked up this week following remarks from David Schwartz during a Q&A exchange with members of the XRP community on X. The former Chief Technology Officer of Ripple and one of the original architects of the XRP Ledger weighed in on claims that XRP could realistically reach price levels…
How To Price XRP? Ripple CTO Says The Answer Isn’t In The Ledger
What gives XRP its value? In an exchange on X, Ripple CTO David Schwartz – known as “JoelKatz” – tried to answer that question without pretending crypto already behaves like traditional assets. He didn’t lean on marketing language about instant settlement or global payments. He talked about power, control, censorship, incentive design, and speculation. How…
This Week In XRP: Ripple CTO Set To Announce Important Update
The XRP community has been paying close attention to Ripple’s Chief Technology Officer, David Schwartz, as he continues to share details about his latest project. Based on a recent post on X, Schwartz signaled a development that could soon move beyond testing and into production. To accompany his update, he shared performance charts that provide…
Ripple CTO Comments On Rising XRP Ledger Competition From Fintechs
Ripple chief technology officer (CTO) David “JoelKatz” Schwartz used a late-Wednesday post on X to frame a surge of payments and stablecoin companies launching their own base-layer networks as validation of blockchain’s role in finance—and to restate how the XRP Ledger’s design differs from the new entrants. “We’ve been seeing more and more players in…
XRP Price To $10,000 Programmed? Insane Prediction Forecasts Supply Shock
Crypto analyst Ripple Queen has made a bold prediction that the XRP price can reach $10,000 at some point. The analyst also highlighted factors that make this price target achievable despite how ambitious it is. XRP Price To $10,000 Is Already On The Horizon In an X post, Ripple Queen declared that an XRP price…