🚨 XRPL Under Fire: Is the XRP Ledger a "Ghost Chain"? Recent data from analytics firm Bitquery sparked heavy debate across the crypto community after revealing that 93.2% of transactions on the XRP Ledger in August were handled by just 793 accounts, leading critics to slap the network with a "Ghost chain" label. The report claimed that after filtering out machine-driven activity, only 0.8% of the traffic came from real human-scale payments. 🛡️ Ripple Veteran David Schwartz Fights Back! Ripple CTO Emeritus David Schwartz swiftly jumped to the network's defense, calling the criticism a "weird thing to say." Low Fees are a Feature, Not a Bug: Schwartz pointed out that because the XRPL is extremely affordable, it naturally attracts both useful and trivial activities. The Core Questio #USAugustPPIRisesLessThanExpected #SECApprovesNasdaqTexasCommodityTrustRule #AppleDebutsFoldablePhone #ECBRaisesRatesSecondTimeTo2.5%
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🚨 CRITICAL MOMENT FOR US CRYPTO REGULATION! 🇺🇸 White House Crypto Advisor Patrick Witt has issued a strong call to action for the U.S. Senate, urging lawmakers across both sides of the aisle to unite: "All Senators, Republican and Democrat, should vote on Tuesday to get on the (Clarity) bill and allow the legislative process to continue." 🔍 What’s Happening? The pressure is mounting on Capitol Hill as the crucial push for the CLARITY Act reaches a pivotal turning point. With key procedural votes ahead, the White House is pushing for bipartisan cooperation to move the comprehensive market structure bill forward and bring much-needed regulatory clarity to the digital asset ecosystem. 💡 Why It Matters for Crypto: Bipartisan Path Forward: Passing this hurdle is essential to keep the legislative momentum alive and prevent the bill from stalling. Market Impact: Clear regulations will lay the foundational groundwork for institutional adoption, market stability, and long-term growth in the US crypto space. All eyes are on Washington this Tuesday as lawmakers decide whether to push the legislative process ahead! 📈👇 #Crypto #ClarityAct #Regulation #WhiteHouse #BinanceSquare #CryptoNews #USPolitics #Blockchain$BTC $ETH $USDC
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🚨 CRITICAL MOMENT FOR US CRYPTO REGULATION! 🇺🇸 White House Crypto Advisor Patrick Witt has issued a strong call to action for the U.S. Senate, urging lawmakers across both sides of the aisle to unite: "All Senators, Republican and Democrat, should vote on Tuesday to get on the (Clarity) bill and allow the legislative process to continue." 🔍 What’s Happening? The pressure is mounting on Capitol Hill as the crucial push for the CLARITY Act reaches a pivotal turning point. With key procedural votes ahead, the White House is pushing for bipartisan cooperation to move the comprehensive market structure bill forward and bring much-needed regulatory clarity to the digital asset ecosystem. 💡 Why It Matters for Crypto: Bipartisan Path Forward: Passing this hurdle is essential to keep the legislative momentum alive and prevent the bill from stalling. Market Impact: Clear regulations will lay the foundational groundwork for institutional adoption, market stability, and long-term growth in the US crypto space. All eyes are on Washington this Tuesday as lawmakers decide whether to push the legislative process ahead! 📈👇 #Crypto #ClarityAct #Regulation #WhiteHouse #BinanceSquare #CryptoNews #USPolitics #Blockchain$BTC $ETH $USDC