XRP price prediction remains slightly bullish above the $0.3650 support zone, as XRP's trading volume has sliced through $700 million and now stands at $865 million.
The CEO of Ripple Labs, Brad Garlinghouse, believes that the crypto sector will emerge stronger after the FTX catastrophe if openness and trust remain its major focus.
He urged an open dialogue on using blockchain and cryptocurrency to address pressing social issues. On Wednesday at Ripple Swell, Ripple's annual conference, Ripple Labs CEO Brad Garlinghouse discussed the cryptocurrency industry's rebound since the FTX collapse.Recently, FTX initiated bankruptcy proceedings under Chapter 11.The following is a tweet from Garlinghouse that is essentially a repeat of his conference speech:I firmly believe that crypto will be stronger because of this if we keep focusing on transparency and trust.
Ripple has and will continue to lead in this regard.In a subsequent tweet, he elaborated on the need to meet in person to discuss how to apply blockchain and cryptocurrency technology to real-world issues.“With all that’s happening in the past few weeks (and over the course of this year’s ups and downs), it feels even more imperative that we’ve gathered together in person to have honest conversations about solving real-world problems with crypto and blockchain,” To CNBC on Wednesday, Garlinghouse said that the concept that crypto is not regulated is "overstated," adding:Crypto has never just been sunshine and roses and as an industry, it needs to mature … Transparency builds trust.Ripple's chief counsel, Stuart Alderoty, told the press source on Friday that the business is actively seeking a license in Ireland to fuel EU expansion.Accredify, now known as InvestReady, anRead more on cryptonews.com