The XRP Ledger enforces rules to prevent an increase in the 100 billion XRP supply set in 2012.
XRPUSD consolidates at 2.10500; a breakout above 2.21450 could trigger a bullish move.
Ripple
David Schwartz, Ripple's chief technology officer, has
dismissed claims that new XRP tokens can be created on the XRP Ledger. His
statement comes after renewed debate over the token supply.
Meanwhile, the XRPUSD H1 chart reveals that the price is
currently hovering around a key support level. A potential strong bullish
reversal pattern could generate momentum and drive the price higher.
XRP Ledger Blocks New Token Creation
The discussion resurfaced when Pierre Rochard, a Bitcoin
advocate, suggested that Ripple could mint additional XRP beyond the fixed 100
billion supply. This led to a heated exchange among community members.
Schwartz responded by stating that no code within the XRP
Ledger allows new XRP creation. He explained that the system enforces strict
rules to prevent such an action. The ledger’s invariant checker continuously
monitors transactions and blocks any attempt to generate new tokens.
An XRPL dUNL validator, known as Vet, supported Schwartz’s
position. He stated that the network’s developers designed the system to
prevent any increase in the original supply created in 2012. He also emphasized
that no exploit could bypass the ledger’s safeguards.
Schwartz Dismisses Concerns over XRP Circulation
Schwartz also addressed concerns about XRP circulation. Some
community members speculated that past changes to the ledger’s structure could
have left certain tokens unaccounted for. However, he stated that there was no
evidence of more than 100 billion XRP existing in the system.
Mayukha Vadari, a senior software engineer at RippleX, added
that the ledger’s design ensures that all account balances are verified. Any
attempt to exceed the recorded amount would be rejected by validators.
XRPUSD, H1 Chart, Source: TradingView
XRPUSD Consolidates at Key Support Level
The XRPUSD H1 chart indicates that the price has bounced
several times at 2.10500. As of now, the price remains in consolidation around
this level. A bullish reversal pattern, followed by a breach at 2.21450, could
attract intraday buyers and drive the price higher. The H1 chart also provides
sufficient space for price movement, potentially leading to strong bullish
momentum in the event of a breakout.
Conversely, if the price breaks below 2.10500, sellers may
look to enter short positions upon confirmation of a breakout followed by a
bearish reversal signal.
Ripple’s Strategy for Growth: Legal Disputes,
Institutional Partnerships, and Cross-Border Payments
Michael Saylor, Executive Chairman of Strategy, recently
discussed the inclusion of cryptocurrencies in US strategic reserves. This
followed an executive order by President Donald Trump, listing Bitcoin and
altcoins like Ethereum, XRP, Solana, and Cardano. In an interview with Fox
Business, Saylor
addressed regulatory concerns for digital assets and referred to XRP as a token,
suggesting its issuance should occur under a regulatory framework.
Ripple gained attention when CEO Garlinghouse and Chief
Legal Officer Alderoty attended a
private dinner with President-elect Donald Trump on January 6, sparking
speculation about the ongoing legal case with the US Securities and Exchange
Commission (SEC). The SEC filed a lawsuit in December 2020, alleging Ripple
sold XRP tokens as unregistered securities.
South Korea's institutional crypto storage firm BDACS
will use Ripple Custody to secure XRP and RLUSD, a dollar-pegged stablecoin
issued by Ripple. This partnership targets institutional clients seeking secure
storage for digital assets.
Investor activity in XRP remains strong, with whales
acquiring 520 million tokens during a recent price dip, showing continued
interest. The SEC’s reassignment of Jorge Tenreiro, who oversaw Ripple’s case,
has raised questions about the agency’s future approach to crypto litigation.
David Schwartz, Ripple's chief technology officer, has
dismissed claims that new XRP tokens can be created on the XRP Ledger. His
statement comes after renewed debate over the token supply.
Meanwhile, the XRPUSD H1 chart reveals that the price is
currently hovering around a key support level. A potential strong bullish
reversal pattern could generate momentum and drive the price higher.
XRP Ledger Blocks New Token Creation
The discussion resurfaced when Pierre Rochard, a Bitcoin
advocate, suggested that Ripple could mint additional XRP beyond the fixed 100
billion supply. This led to a heated exchange among community members.
Schwartz responded by stating that no code within the XRP
Ledger allows new XRP creation. He explained that the system enforces strict
rules to prevent such an action. The ledger’s invariant checker continuously
monitors transactions and blocks any attempt to generate new tokens.
An XRPL dUNL validator, known as Vet, supported Schwartz’s
position. He stated that the network’s developers designed the system to
prevent any increase in the original supply created in 2012. He also emphasized
that no exploit could bypass the ledger’s safeguards.
Schwartz Dismisses Concerns over XRP Circulation
Schwartz also addressed concerns about XRP circulation. Some
community members speculated that past changes to the ledger’s structure could
have left certain tokens unaccounted for. However, he stated that there was no
evidence of more than 100 billion XRP existing in the system.
Mayukha Vadari, a senior software engineer at RippleX, added
that the ledger’s design ensures that all account balances are verified. Any
attempt to exceed the recorded amount would be rejected by validators.
XRPUSD, H1 Chart, Source: TradingView
XRPUSD Consolidates at Key Support Level
The XRPUSD H1 chart indicates that the price has bounced
several times at 2.10500. As of now, the price remains in consolidation around
this level. A bullish reversal pattern, followed by a breach at 2.21450, could
attract intraday buyers and drive the price higher. The H1 chart also provides
sufficient space for price movement, potentially leading to strong bullish
momentum in the event of a breakout.
Conversely, if the price breaks below 2.10500, sellers may
look to enter short positions upon confirmation of a breakout followed by a
bearish reversal signal.
Ripple’s Strategy for Growth: Legal Disputes,
Institutional Partnerships, and Cross-Border Payments
Michael Saylor, Executive Chairman of Strategy, recently
discussed the inclusion of cryptocurrencies in US strategic reserves. This
followed an executive order by President Donald Trump, listing Bitcoin and
altcoins like Ethereum, XRP, Solana, and Cardano. In an interview with Fox
Business, Saylor
addressed regulatory concerns for digital assets and referred to XRP as a token,
suggesting its issuance should occur under a regulatory framework.
Ripple gained attention when CEO Garlinghouse and Chief
Legal Officer Alderoty attended a
private dinner with President-elect Donald Trump on January 6, sparking
speculation about the ongoing legal case with the US Securities and Exchange
Commission (SEC). The SEC filed a lawsuit in December 2020, alleging Ripple
sold XRP tokens as unregistered securities.
South Korea's institutional crypto storage firm BDACS
will use Ripple Custody to secure XRP and RLUSD, a dollar-pegged stablecoin
issued by Ripple. This partnership targets institutional clients seeking secure
storage for digital assets.
Investor activity in XRP remains strong, with whales
acquiring 520 million tokens during a recent price dip, showing continued
interest. The SEC’s reassignment of Jorge Tenreiro, who oversaw Ripple’s case,
has raised questions about the agency’s future approach to crypto litigation.
Telegram’s Global Ambitions Hit a Wall as $500 Million in Bonds Freeze in Russia
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
