Ripple CTO David Schwartz to Step Back, Joins Board

Metaplanet has made headlines by surpassing 30,000 BTC, solidifying its status as one of the largest corporate holders of Bitcoin globally. This significant milestone was achieved after the Tokyo-based firm purchased an additional 5,268 BTC for around $616 million. This move not only showcases Metaplanet's aggressive investment strategy but also highlights the growing institutional interest in cryptocurrency, which could influence market dynamics and investor confidence.

Pavel Durov, the founder of Telegram, recently shared his optimistic prediction about Bitcoin on the Lex Fridman Podcast, stating that he believes it will eventually reach a value of $1 million. This bold forecast highlights Durov's long-standing confidence in Bitcoin, stemming from its early days. His insights are significant as they reflect a growing belief among influential figures in the tech and finance sectors about the future of cryptocurrency, potentially encouraging more investors to consider Bitcoin as a viable long-term asset.

David Schwartz, a key figure at Ripple, has announced his resignation as Chief Technology Officer after over thirteen years. This change comes as XRP's value approaches $3, reflecting the ongoing interest and volatility in the cryptocurrency market. Schwartz's departure marks a significant shift for Ripple, a company that has been pivotal in the development of blockchain technology and digital currencies. His influence in the XRP community has been substantial, and this transition could impact the company's future direction and the broader crypto landscape.

Bitcoin is showing strong momentum as it hovers above $114,000, driven by increasing institutional demand. Spot exchange-traded funds (ETFs) have recorded impressive net inflows of $429 million, marking a significant uptick in interest. This surge not only reflects growing confidence in Bitcoin as a viable investment but also sets the stage for a potential breakout towards the $115,000 mark. Investors are keenly watching these developments, as they could signal a new phase of growth for the cryptocurrency market.

CryptoQuant, an on-chain analytics firm, has identified five key Bitcoin on-chain alerts to monitor in the upcoming week. As Bitcoin navigates a consolidation phase in its price, these alerts could provide valuable insights for investors and traders. Understanding these metrics is crucial as they may indicate potential market movements, helping stakeholders make informed decisions in the ever-evolving cryptocurrency landscape.

The adoption of digital assets by merchants has hit a roadblock, primarily due to insufficient educational resources about the necessary technological changes. This stagnation is concerning as it hampers the potential growth and integration of digital currencies in everyday transactions, which could benefit both businesses and consumers.

XRP's price remains stable at $2.85 following the announcement of Ripple's CTO David Schwartz stepping down after 13 years. This leadership change comes at a time when traders are closely monitoring market signals, making it a significant moment for the cryptocurrency. The stability in XRP's price suggests that investors are weighing the implications of this transition while considering broader market trends.

XRP has stabilized at $2.85 following a 3% price swing, as investor enthusiasm for exchange-traded funds (ETFs) faced a setback due to profit-taking. This situation highlights the volatility in the cryptocurrency market, where investor sentiment can shift rapidly. Understanding these dynamics is crucial for traders and investors looking to navigate the complexities of digital assets.

The SEC has taken a significant step by allowing Ripple, Coinbase, and BitGo to qualify as custodians for crypto assets. This decision, highlighted by a no-action letter from the SEC's Division of Investment Management, is crucial as it paves the way for greater institutional involvement in the cryptocurrency market. By recognizing these companies as qualified custodians, the SEC is fostering a more secure environment for crypto investments, which could enhance trust and attract more investors to the space.

Ripple is making significant strides in the world of finance by integrating its Interledger Protocol with the SWIFT network, a major player in global payments. This move not only enhances the interoperability between two powerful payment systems but also positions XRP as a potential standard for international settlements. As Ripple continues to push for mainstream adoption of its technology, this development could reshape how money moves across borders, making transactions faster and more efficient.

The SEC's recent no-action letter allows investment advisers to utilize state-chartered trust companies as qualified custodians for crypto assets, which is a significant development for firms like Ripple and Coinbase. This guidance not only clarifies the definition of 'bank' under the Investment Advisers Act of 1940 but also paves the way for these digital asset companies to manage registered funds, enhancing their legitimacy and operational capabilities in the evolving crypto landscape.

A significant event in the cryptocurrency world occurred as a Cardano whale withdrew over $54 million worth of ADA from Coinbase. This massive transfer, tracked by Whale Alert, suggests potential bullish sentiment for the ADA price, indicating that investors might be looking to buy the dip. Such movements can influence market trends and investor confidence, making it a noteworthy development for those following Cardano and the broader crypto market.

Bitcoin and Ethereum are experiencing significant rallies, with Bitcoin surpassing $116K and Ethereum nearing $4.3K. Amid this positive momentum, Tapzi is gaining traction with its presale, offering potential returns of 185% for early supporters. This is particularly noteworthy as many new cryptocurrencies struggle to demonstrate real value. Tapzi's focus on structure, scarcity, and practical use cases sets it apart in a market often driven by hype, making it an exciting opportunity for investors.

Bitcoin's impressive rally at the end of September 2025 has sparked excitement in the crypto community. After a period of heavy selling, the market saw a significant rebound, driven by factors that eased selling pressure and attracted new investments. This surge has traders debating whether it's just a temporary bounce or the beginning of a more sustained upward trend as we head into Q4 2025. Understanding these dynamics is crucial for anyone involved in cryptocurrency, as they could signal important shifts in market sentiment.

World Liberty Financial is showing a rare pattern as it holds strong at the $0.19 support level, indicating bullish sentiment among investors. This development is significant as it suggests potential for upward movement, attracting attention from traders looking for promising opportunities in the market.

The recent IRS guidance has created a positive shift for corporate strategies involving Bitcoin, allowing companies to navigate tax implications more effectively. This development is significant as it encourages innovation and stability in the adoption of digital assets, making it easier for businesses to engage with cryptocurrencies without the burden of excessive taxation.

Machi Big Brother has reported a significant downturn, with profits plummeting from $44 million to a $9 million loss due to issues with Hyperliquid. This news is crucial as it highlights the volatility in the cryptocurrency market, prompting concerns among investors. Despite the loss, Machi and other major investors remain optimistic about a potential recovery in the price of the XPL token, indicating a belief in the long-term value of their investments.

Metaplanet has made headlines by surpassing 30,000 BTC, solidifying its status as one of the largest corporate holders of Bitcoin globally. This significant milestone was achieved after the Tokyo-based firm purchased an additional 5,268 BTC for around $616 million. This move not only showcases Metaplanet's aggressive investment strategy but also highlights the growing institutional interest in cryptocurrency, which could influence market dynamics and investor confidence.