$109,094.00
-0.61%$2,825.18
2.64%$2.30
-0.12%$668.65
-0.33%$163.40
-0.52%$0.999794
0.00%$0.196598
1.05%$0.278703
-4.22%$0.708451
0.04%$2,826.45
2.72%$42.23
2.13%$108,846.00
-0.85%$3,387.31
1.81%$3.45
-0.10%$15.22
0.06%$21.87
-1.14%$0.279906
0.10%$427.36
-1.98%$9.04
2.15%$3.27
-0.93%$0.0000132
0.18%$0.175533
-2.36%$3,013.05
2.30%$2,825.24
2.75%$0.999669
0.01%$92.36
0.37%$4.25
0.04%$331.74
-1.94%$0.999591
0.02%$1.001
0.03%$4.79
-0.03%$0.00001276
-0.33%$109,069.00
-0.54%$8.12
-2.15%$0.6345
-1.35%$308.43
0.60%$32.06
2.31%$413.10
-1.40%$1.18
0.01%$6.13
0.75%$54.18
2.31%$5.11
0.89%$2.64
0.91%$0.100049
-0.61%$1.00
0.00%$0.889301
0.56%$197.76
-0.14%$18.28
0.05%$32.20
4.18%$1.055
0.03%$0.088558
-1.36%$0.674717
-0.27%$18.21
-0.42%$0.02549647
-1.16%$0.999517
-0.04%$0.358509
-0.73%$10.87
-0.12%$0.794891
-1.85%$4.55
-0.80%$3.96
-3.27%$0.228736
1.71%$0.407438
1.58%$108,877.00
1.18%$4.44
-0.17%$0.087168
-0.42%$1.15
0.00%$2.72
0.35%$0.203128
-1.11%$2,828.34
2.93%$117.44
-3.81%$4.60
0.30%$1.66
4.61%$0.998196
-0.22%$0.999929
0.14%$2.20
1.69%$1.00
0.00%$2.19
6.39%$172.57
-0.76%$11.39
0.47%$0.483528
-1.50%$1.42
9.07%$13.63
-1.61%$3,209.15
2.53%$0.00001716
-1.90%$2,957.03
2.80%$0.01894159
2.75%$1.26
0.81%$0.390605
-1.92%$0.712681
1.62%$4.03
-2.16%$0.067993
2.93%$0.20347
-0.81%$0.700618
-0.95%$3,013.42
2.49%$0.176055
25.05%$1.00
0.01%$2,960.14
2.78%$0.640632
7.83%$0.543284
-0.49%$0.999017
-0.01%$108,933.00
0.03%$0.98648
-2.02%$0.999668
0.02%$2,973.50
3.13%$0.098771
-1.87%$0.692727
-3.40%$0.00009309
-0.50%$109,087.00
-0.46%$668.23
-0.17%$0.973291
2.90%$108,768.00
-1.65%$182.29
-0.29%$2.60
0.29%$3,355.21
0.95%$50.73
-2.58%$3,370.71
1.00%$0.801483
-1.49%$212.93
-0.11%$0.01753197
-0.47%$23.23
0.20%$0.0118604
-1.10%$0.19337
-0.50%$0.127106
-1.19%$2.17
1.64%$0.01495608
-2.76%$0.295117
-0.50%$0.530033
-1.03%$1.11
0.01%$0.00000071
-1.19%$111.39
0.01%$2.39
-2.17%$0.99983
0.02%$33.71
-2.27%$4.11
-6.25%$0.649395
-1.67%$0.621562
0.78%$0.998013
0.07%$2,826.12
2.97%$2.01
0.00%$108,765.00
-0.10%$0.386578
-1.76%$0.233254
1.43%$42.33
2.48%$1.74
-0.27%$2,981.72
2.45%$2,825.70
2.75%$3,017.60
2.63%$1.094
-0.25%$0.727386
-0.32%$0.999668
-0.02%$0.057659
-0.73%$1.94
-4.65%$0.294154
-1.68%$3,054.81
2.80%$0.555271
10.40%$0.509022
8.78%$59.69
-0.03%$2.90
-3.05%$9.28
-0.34%$109,148.00
-0.50%$1.32
1.85%$2,825.54
2.64%$108,732.00
-0.73%$0.01504792
-1.76%$0.196567
1.58%$1.62
1.50%$0.990703
-0.44%$0.410612
-5.84%$0.143485
-1.55%$7.16
-0.37%$0.56447
-4.59%$42.32
2.47%$0.589893
-1.15%$0.635127
6.65%$0.425576
-5.85%$1.62
3.56%$0.00449088
-3.43%$0.00000116
6.72%$0.04968719
0.39%$0.476068
-8.51%$0.00002254
-0.72%$6.33
-0.91%$15.74
-1.61%$2,811.20
2.15%$0.061511
0.88%$0.999791
0.00%$0.00470743
8.26%$1.31
-1.32%$0.171349
2.85%$2.64
0.93%$2,999.70
2.80%$0.083968
-2.29%$1.00
-0.04%$102,462.00
-2.88%$38.04
2.25%$1.73
-1.60%$0.999739
-0.00%$0.159124
-3.74%$0.00714371
-3.35%$0.00000042
-3.46%$1.09
0.03%$1.009
2.53%$0.401452
0.41%$3,115.14
2.89%$0.03986611
-0.20%$1.00
-0.04%$0.576609
0.11%$1.38
-2.80%$0.00461006
15.16%$3,082.98
2.74%$0.01905275
-3.99%$2,825.33
2.53%$0.359351
-5.67%$0.077271
-0.86%$0.00677475
-0.43%$109,072.00
-0.46%$109,819.00
1.12%$0.228792
1.66%$177.83
-0.24%$0.821724
-2.07%$0.03438951
-1.61%$128.52
-0.29%$2,820.51
2.54%$0.0040101
-0.26%$0.00006169
-0.22%$21.86
-1.18%$8.04
-0.93%$0.726598
-0.47%$19.98
0.70%$0.02111682
8.23%$1.00
0.03%$0.999775
0.07%$0.690718
-0.73%$0.999451
0.13%$0.222742
-0.59%$0.00443465
-0.76%$0.00337692
-1.81%$0.495277
-0.81%$2.43
-3.21%$0.00000142
-1.47%$26.41
-1.34%$0.29639
-3.09%$108,985.00
-0.54%$0.136778
4.00%$1.013
0.48%$17.05
-1.32%$0.280251
-2.79%$0.114267
-7.70%Reading
Role
CEO at Ripple Labs
Location
San Francisco, California
Education
University of Kansas(BA), Harvard University(MBA)
Current Project
Ripple
Previous Projects
Animoto, Tonic Health, Ancestry.com, Hightail, AOL, Silver Lake, Yahoo
While the US dollar won’t give up its position as the world’s reserve currency any time soon, it’s definitely getting weaker compared to alternatives such as Bitcoin, wrote Brad Garlinghouse, the CEO of Ripple (XRP), on Twitter today.
“A year ago, many decried crypto as a scam, and now a majority of govts are looking seriously at blockchain. It addresses frictions (i.e. settlement, transparency, etc) that were assumed VERY hard to solve before. Crypto is up 80% while USD is down 3% YTD,” Garlinghouse noted.
Thread on this USD as the world’s reserve currency has been the backbone of global financial infra, and that position isn’t going to disappear in favor of gold/the yuan/crypto/any other asset any time soon. But is it weaker today? Yes. (1/3) https://t.co/Td04uJOEXs
— Brad Garlinghouse (@bgarlinghouse) August 3, 2020
As Decrypt reported, many financial experts are currently concerned that the US government’s unprecedented fiscal stimulus efforts in the wake of the coronavirus pandemic could lead to the devaluation of the US dollar—and potential subsequent strengthening of other stores of value, including cryptocurrencies.
Garlinghouse added that traditional monetary systems are usually as strong as people’s trust in them—and fiat currencies are increasingly losing it today.
“As [Fundstrat managing partner Tom Lee] said, it comes down to trust in the financial system at the end of the day,” wroteGarlinghouse, adding that “As global populations continue to lose confidence in fiat currencies (as we’re seeing with USD), they will choose to diversify. Our future global financial system will do the same.”
This weekend, Bitcoin shot up above $10,000 for the first time in seven weeks, breaking a psychological threshold and sending the cryptocurrency’s price back to pre-coronavirus levels. Unlike on previous occasions, though, the biggest cryptocurrency by market cap may not be leading the market, but following in others’ wake. That’s the verdict of some experts who spoke to Decrypt, who also claimed that Bitcoin’s surge wasn’t unexpected. “A lot of analysts have predicted a breakout for some time...
The very same sentiment was expressed by several financial experts in Bloomberg’s article that Garlinghouse cited. Its authors noted that while cryptocurrencies are notoriously volatile and prone to manipulation, the blockchain technology that underpins them already gained some very influential proponents.
“At the end of the day, trust is really getting broken in the traditional financial system—that’s the theme. The less trust you have in the dollar, the more you want alternatives,” Tom Lee, co-founder and head of research at Fundstrat Global Advisors, told Bloomberg. “More and more people are saying, ‘You know what? It’s not such a bad idea to be decentralized.’”
The Hyperliquid platform's native token, HYPE, is today the strongest performer among top 15 assets by market cap—excluding stablecoins. Its seven-day gains have outpaced major altcoins as Bitcoin volatility posts record lows for the year, pushing a relatively stable trading pattern. HYPE traded at $41.31, down 0.3% on the day, yet maintaining strong momentum with 12.4% weekly gains and 67.2% monthly appreciation, according to data from CoinGecko. It has sustained this uptrend since mid-May, wit...
The investment firm of famed tech investor Cathie Wood remains bullish on Bitcoin as its price has climbed back near its recently established all-time high of $111,814. Aggregate unrealized profit levels, Bitcoin ETF flows, and key support levels converging are among "bullish" indicators for the top crypto asset, according to ARK Invest’s monthly Bitcoin report for May. “Bitcoin has not hit irrational exuberance,” reads one of the report’s key takeaways. One notable sign that Bitcoin hype has...
Bitcoin Core developers have confirmed plans to remove long-standing data storage restrictions in the upcoming version 30 release, scheduled for October 30. The change essentially eliminates Bitcoin's current 80-byte limit on OP_RETURN outputs, which are special transaction fields that allow users to embed arbitrary data on the blockchain. Under the new rule, transactions can include multiple OP_RETURN outputs, each potentially containing up to 4MB of data. “Bitcoin Core is just one protocol imp...
