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		<title>Bloomberg Analyst Drops XRP ETFs Truth Bomb</title>
		<link>https://timestabloid.com/bloomberg-analyst-drops-xrp-etfs-truth-bomb/</link>
		
		<dc:creator><![CDATA[Zaccheaus Ogunjobi]]></dc:creator>
		<pubDate>Wed, 11 Mar 2026 14:05:44 +0000</pubDate>
				<category><![CDATA[Cryptocurrency]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Bloomberg]]></category>
		<category><![CDATA[XRP]]></category>
		<category><![CDATA[XRP ETF]]></category>
		<guid isPermaLink="false">https://timestabloid.com/?p=99525</guid>

					<description><![CDATA[<p>Crypto markets often swing between optimism and uncertainty, but the real test of investor conviction appears when prices decline. Market corrections usually reveal whether institutional players maintain confidence in an asset or quietly step away. In the case of XRP, recent data suggests that investor demand may remain stronger than many observers expected. This discussion [&#8230;]</p>
<p>The post <a href="https://timestabloid.com/bloomberg-analyst-drops-xrp-etfs-truth-bomb/">Bloomberg Analyst Drops XRP ETFs Truth Bomb</a> appeared first on <a href="https://timestabloid.com">Times Tabloid</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Crypto markets often swing between optimism and uncertainty, but the real test of investor conviction appears when prices decline. Market corrections usually reveal whether institutional players maintain confidence in an asset or quietly step away. In the case of XRP, recent data suggests that investor demand may remain stronger than many observers expected.</p>
<p>This discussion gained traction after Scott Melker, host of The Wolf of All Streets Podcast, highlighted comments from James Seyffart, an ETF analyst at Bloomberg Intelligence. Seyffart shared a notable perspective on the performance of XRP exchange-traded funds (ETFs), offering insights that challenge the narrative surrounding XRP’s recent price pullback.</p>
<h2><strong>Bloomberg Analyst Highlights XRP ETF Strength</strong></h2>
<p>According to Seyffart, <a href="https://timestabloid.com/xrp-etfs-just-recorded-record-breaking-daily-volume/">XRP ETFs</a> have shown surprising resilience despite the broader decline in XRP’s market price. He explained that these investment products have “held up pretty well,” suggesting that investors continue allocating capital to them even as the underlying asset experiences volatility.</p>
<p>Seyffart also revealed a key figure that underscores this resilience. Since their launch, <a href="https://timestabloid.com/xrp-etf-inflows-hit-15-day-streak-heres-the-latest-total-asset-under-management/">XRP ETFs have collectively attracted approximately $1.4 billion in cumulative inflows</a>. This level of capital inflow signals that institutional and retail investors remain interested in gaining regulated exposure to XRP through traditional financial channels.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
<p lang="en" dir="ltr">BLOOMBERG ANALYST JAMES SEYFFART ON <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$XRP</a> ETFS:</p>
<p>&quot;XRP ETFS HAVE ACTUALLY HELD UP PRETTY WELL DESPITE THE MASSIVE PULLBACK IN PRICE.&quot;</p>
<p>&quot;THEY&#39;VE TAKEN IN A CUMULATIVE $1.4 BILLION SINCE LAUNCH.&quot;</p>
<p>&mdash; The Wolf Of All Streets (@scottmelker) <a href="https://twitter.com/scottmelker/status/2031381454433702312?ref_src=twsrc%5Etfw">March 10, 2026</a></p></blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>In many markets, ETF flows serve as a powerful gauge of sentiment. When investors continue adding funds during periods of price weakness, they often signal long-term confidence rather than short-term speculation.</p>
<h2><strong>Why ETF Inflows Matter for Digital Assets</strong></h2>
<p>Exchange-traded funds play an increasingly important role in connecting cryptocurrency markets with traditional finance. These products allow investors to gain exposure to digital assets without directly holding or managing crypto wallets.</p>
<p>Institutional investors often prefer ETFs because they operate within established regulatory frameworks and trade on familiar stock exchanges. Pension funds, asset managers, and hedge funds can therefore access digital asset markets through structures they already understand.</p>
<p>Strong inflows into XRP ETFs suggest that many investors view the asset as a strategic long-term investment rather than a purely speculative trade.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
<p lang="en" dir="ltr">We are on X, follow us to connect with us :- <a href="https://twitter.com/TimesTabloid1?ref_src=twsrc%5Etfw">@TimesTabloid1</a></p>
<p>&mdash; TimesTabloid (@TimesTabloid1) <a href="https://twitter.com/TimesTabloid1/status/1934162718258499855?ref_src=twsrc%5Etfw">June 15, 2025</a></p></blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h2><strong>XRP’s Role in the Evolving Crypto Ecosystem</strong></h2>
<p>XRP maintains a distinctive position in the digital asset industry because of its focus on payment efficiency and financial infrastructure. The XRP Ledger enables near-instant settlement and extremely low transaction costs, features that support cross-border transfers and liquidity management.</p>
<p>Ripple, the technology company closely associated with the XRP ecosystem, continues expanding institutional blockchain infrastructure. Its initiatives include enterprise payment solutions, digital asset custody services, and tools designed to support tokenized financial assets.</p>
<p>These developments contribute to XRP’s appeal among institutions exploring blockchain-based financial systems.</p>
<h2><strong>What the Data Suggests Moving Forward</strong></h2>
<p>Seyffart’s observations highlight an important dynamic in the XRP market. While price movements often dominate headlines, capital flows into ETFs reveal a deeper layer of investor behavior.</p>
<p>The continued accumulation of XRP ETF assets suggests that many investors see the current volatility as part of a broader market cycle rather than a sign of declining interest. For analysts like Scott Melker, that trend offers a clear takeaway: <a href="https://timestabloid.com/xrp-etf-inflows-collapse-93-as-price-capitulates/">despite short-term turbulence</a>, institutional demand for XRP exposure remains firmly in place.</p>
<p><strong><em>Disclaimer</em></strong><em>: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.</em></p>
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<p>The post <a href="https://timestabloid.com/bloomberg-analyst-drops-xrp-etfs-truth-bomb/">Bloomberg Analyst Drops XRP ETFs Truth Bomb</a> appeared first on <a href="https://timestabloid.com">Times Tabloid</a>.</p>
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		<title>Bloomberg&#8217;s Recent Update Excites XRP Army</title>
		<link>https://timestabloid.com/bloombergs-recent-update-excites-xrp-army/</link>
		
		<dc:creator><![CDATA[Solomon Odunayo]]></dc:creator>
		<pubDate>Thu, 03 Jul 2025 08:30:43 +0000</pubDate>
				<category><![CDATA[Cryptocurrency]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Bloomberg]]></category>
		<category><![CDATA[XRP]]></category>
		<category><![CDATA[XRP ETF]]></category>
		<guid isPermaLink="false">https://timestabloid.com/?p=73305</guid>

					<description><![CDATA[<p>The outlook for a spot XRP exchange-traded fund (ETF) in the United States has taken a notable turn. Following months of speculation and gradual regulatory shifts, Bloomberg analysts have now increased the estimated probability of SEC approval to 95%. The image was posted by Amelie (@_Crypto_Barbie), a well-known figure in the crypto space, and it [&#8230;]</p>
<p>The post <a href="https://timestabloid.com/bloombergs-recent-update-excites-xrp-army/">Bloomberg&#8217;s Recent Update Excites XRP Army</a> appeared first on <a href="https://timestabloid.com">Times Tabloid</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The outlook for a spot XRP exchange-traded fund (ETF) in the United States has taken a notable turn. Following months of speculation and gradual regulatory shifts, Bloomberg analysts have now increased the estimated probability of SEC approval to 95%.</p>
<p>The image was posted by Amelie (@_Crypto_Barbie), a well-known figure in the crypto space, and it showcases a detailed chart comparing spot ETF applications across various assets. According to the chart, XRP is listed among those with the highest chance of approval in 2025.</p>
<p>Bloomberg&#8217;s revised forecast places it in the same category as Litecoin and Solana, with approval odds significantly higher than many of its peers.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
<p lang="en" dir="ltr"> BREAKING NEWS:</p>
<p>BLOOMBERG RAISED APPROVAL ODDS FOR SPOT <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw">#XRP</a> ETF TO 95%! <img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f4ca.png" alt="📊" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <a href="https://t.co/fcysh7ziNt">pic.twitter.com/fcysh7ziNt</a></p>
<p>&mdash; 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) <a href="https://twitter.com/_Crypto_Barbie/status/1939801500622233907?ref_src=twsrc%5Etfw">June 30, 2025</a></p></blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h2><strong>XRP Among Leading Candidates for Approval</strong></h2>
<p>The image outlines that multiple asset managers, including Grayscale, Bitwise, Canary, 21Shares, WisdomTree, CoinShares, and Franklin Templeton, have filed S-1 forms for a spot XRP ETF. The first 19b-4 filing for XRP was recorded on January 30, 2025, and the application has <a href="https://timestabloid.com/ripple-ceo-reacts-to-sec-acknowledgement-of-grayscale-xrp-etf/">already been acknowledged</a>.</p>
<p>The final SEC deadline for a decision is <a href="https://timestabloid.com/xrp-etfs-awaiting-sec-final-decision-here-are-key-dates-to-watch/">set for October</a>. Bloomberg&#8217;s current approval forecast is based on the fact that XRP is likely viewed by the SEC as a commodity and also benefits from having <a href="https://timestabloid.com/first-ever-cftc-regulated-xrp-futures-is-launching-in-united-states/">CFTC-regulated futures</a>.</p>
<p>These regulatory conditions contribute to its strong standing. Bloomberg analysts previously revealed that CFTC-regulated futures could <a href="https://timestabloid.com/bloomberg-analyst-shares-requirements-for-xrp-spot-etf-approval/">pave the way for spot XRP ETFs</a>, and the digital asset is now closer than ever to the launch of these highly anticipated products.</p>
<p>While the SEC has previously taken an aggressive stance toward XRP, that posture appears to be softening in light of the broader ETF movement and recent legal proceedings. Ripple has announced the <a href="https://timestabloid.com/ripple-ceo-confirms-end-of-sec-lawsuit-says-were-closing-this-chapter/">dismissal of its appeal</a> against the SEC, and the commission is expected to replicate soon.</p>
<h2><strong>Comparative Standing and Recent Positive Developments</strong></h2>
<p>XRP’s 95% approval probability places it well ahead of competitors like Cardano, Polkadot, and Avalanche, which are all currently listed at 90%. Assets such as SUI, Tron, and lesser-known tokens like Pengu trail behind with estimates between 50% and 60%.</p>
<p>Bloomberg’s model suggests that filings backed by multiple institutional firms and tokens with regulated futures markets tend to receive higher approval ratings. The increased odds also coincide with the recent <a href="https://timestabloid.com/wall-street-just-gave-xrp-a-seat-at-the-table-with-latest-grayscale-announcement/">approval of Grayscale&#8217;s Digital Large Cap Fund</a> conversion into an ETF, which already includes XRP in its composition.</p>
<p>That approval has laid the groundwork for other products to follow suit. Analysts have indicated that the presence of XRP in a major fund signals institutional acceptance and sets a precedent for the SEC to approve standalone offerings.</p>
<p><strong><em>Disclaimer</em></strong><em>: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.</em></p>
<p>&nbsp;</p>
<p>The post <a href="https://timestabloid.com/bloombergs-recent-update-excites-xrp-army/">Bloomberg&#8217;s Recent Update Excites XRP Army</a> appeared first on <a href="https://timestabloid.com">Times Tabloid</a>.</p>
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		<title>Bloomberg Says XRP is Taking Center Stage. Here&#8217;s why</title>
		<link>https://timestabloid.com/bloomberg-says-xrp-is-taking-center-stage-heres-why/</link>
		
		<dc:creator><![CDATA[Solomon Odunayo]]></dc:creator>
		<pubDate>Sat, 24 May 2025 12:51:20 +0000</pubDate>
				<category><![CDATA[Cryptocurrency]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Bloomberg]]></category>
		<category><![CDATA[XRP]]></category>
		<guid isPermaLink="false">https://timestabloid.com/?p=68302</guid>

					<description><![CDATA[<p>Riz XRP (@RizXRP), a well-known advocate for XRP, recently shared a Bloomberg video, stating that the asset is taking center stage. The video highlighted the sharp rise in the asset&#8217;s value and the renewed attention it has received from investors and institutions. It also drew attention to XRP&#8217;s dramatic surge in November 2024, gaining over [&#8230;]</p>
<p>The post <a href="https://timestabloid.com/bloomberg-says-xrp-is-taking-center-stage-heres-why/">Bloomberg Says XRP is Taking Center Stage. Here&#8217;s why</a> appeared first on <a href="https://timestabloid.com">Times Tabloid</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Riz XRP (@RizXRP), a well-known advocate for XRP, recently shared a Bloomberg video, stating that the asset is taking center stage. The video highlighted the sharp rise in the asset&#8217;s value and the renewed attention it has received from investors and institutions. It also drew attention to XRP&#8217;s dramatic surge in November 2024, gaining over 400% within three weeks.</p>
<p>According to Bloomberg, the rally was primarily driven by growing optimism that the U.S. Securities and Exchange Commission (SEC) would soon reach a favorable conclusion in the Ripple lawsuit. The surge began shortly after the former SEC Chair, Gary Gensler, <a href="https://timestabloid.com/xrp-price-spikes-as-sec-chair-gensler-officially-announces-resignation-date/">announced his resignation date</a>, coupled with the excitement for a new pro-crypto SEC Chair.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
<p lang="en" dir="ltr">Is <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw">#XRP</a> about to take center stage?  </p>
<p>Bloomberg. <a href="https://t.co/Y3OTiB9pPY">pic.twitter.com/Y3OTiB9pPY</a></p>
<p>&mdash; RIZ.. <img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f1fa-1f1f8.png" alt="🇺🇸" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f1f5-1f1f7.png" alt="🇵🇷" class="wp-smiley" style="height: 1em; max-height: 1em;" /> (@RizXRP) <a href="https://twitter.com/RizXRP/status/1925900276382233071?ref_src=twsrc%5Etfw">May 23, 2025</a></p></blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>The regulatory uncertainty surrounding XRP has been a central issue for years, but it is near its end. Ripple and the SEC have reached a settlement agreement and are <a href="https://timestabloid.com/ripple-vs-sec-latest-update-on-xrp-lawsuit/">working to make it official</a> with the court.</p>
<p>Bloomberg noted that XRP has “remained consistent” in its strength following the November breakout, which has helped push the coin into broader focus among cryptocurrency participants.</p>
<h2><strong>Institutional Momentum and Market Expansion</strong></h2>
<p>The video also shows several structural factors behind the increasing demand for XRP. One key advantage is its rapid settlement capability, offering average transaction times between three and five seconds, while some <a href="https://timestabloid.com/crypto-youtuber-highlights-xrp-advantages-after-5-hour-bitcoin-transaction/">other networks might take hours</a>. This speed is particularly appealing in the realm of cross-border payments, where efficiency and scalability are valued by financial institutions.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
<p lang="en" dir="ltr">We are on twitter, follow us to connect with us :- <a href="https://twitter.com/TimesTabloid1?ref_src=twsrc%5Etfw">@TimesTabloid1</a></p>
<p>&mdash; TimesTabloid (@TimesTabloid1) <a href="https://twitter.com/TimesTabloid1/status/1680250907504656385?ref_src=twsrc%5Etfw">July 15, 2023</a></p></blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Another factor driving attention is speculation about imminent <a href="https://timestabloid.com/grayscale-spot-xrp-etf-is-coming-heres-the-latest/">spot XRP exchange-traded funds</a> (ETFs). If approved, such a fund would expand access to XRP for institutional and retail investors, potentially enhancing its adoption rate.</p>
<p>Multiple spot ETF applications are awaiting approval from the SEC, and the increased visibility and legitimacy that an ETF would provide are seen as important milestones for any digital asset.</p>
<h2><strong>More Positive XRP-Related Developments</strong></h2>
<p>The video also highlighted the <a href="https://timestabloid.com/xrp-futures-debuts-on-cme-group-with-massive-trading-volume/">launch of XRP futures</a> on the Chicago Mercantile Exchange (CME), which adds further credibility to the asset. Futures products are generally associated with more mature markets. They give investors a means of hedging against volatility.</p>
<p>Finally, Bloomberg highlighted on-chain metrics that show growing interest in the asset. The number of active addresses holding the coin has expanded significantly. Currently, over 300,000 addresses each hold at least 10,000 XRP.</p>
<p>This trend suggests increasing long-term conviction among participants, including whales who typically play a larger role in shaping market behavior. Combining regulatory clarity, infrastructure growth, and rising on-chain activity has positioned XRP for greater attention from crypto enthusiasts and institutional investors.</p>
<p>More News;</p>
<p><a class="sc-ga-DzBV pMep" href="https://timestabloid.com/egrag-crypto-shares-his-xrp-ultimate-targets-and-selling-strategy/" target="_blank" rel="noopener">Egrag Crypto Shares His XRP Ultimate Targets and Selling Strategy</a></p>
<p><a class="sc-ga-DzBV pMep" href="https://timestabloid.com/dogecoin-price-projection-doge-price-could-drop-59-from-here/" target="_blank" rel="noopener">Dogecoin Price Projection: DOGE Price Could Drop 59% From Here</a></p>
<p><strong><em>Disclaimer</em></strong><em>: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.</em></p>
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<p>The post <a href="https://timestabloid.com/bloomberg-says-xrp-is-taking-center-stage-heres-why/">Bloomberg Says XRP is Taking Center Stage. Here&#8217;s why</a> appeared first on <a href="https://timestabloid.com">Times Tabloid</a>.</p>
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		<title>Bloomberg Sparks XRP Army Reactions</title>
		<link>https://timestabloid.com/bloomberg-sparks-xrp-army-reactions/</link>
		
		<dc:creator><![CDATA[Tobi Loba]]></dc:creator>
		<pubDate>Fri, 19 Jul 2024 15:20:56 +0000</pubDate>
				<category><![CDATA[Cryptocurrency]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Bloomberg]]></category>
		<category><![CDATA[XRP]]></category>
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		<guid isPermaLink="false">https://timestabloid.com/?p=41225</guid>

					<description><![CDATA[<p>A recent article published by Bloomberg has ignited controversy within the XRP community. In an article titled &#8220;Settlement Speculation Pushes XRP to Forefront of Crypto Rally,&#8221; the financial news outlet described XRP as a &#8220;little-known cryptocurrency.&#8221; This characterization of the seventh-largest cryptocurrency by market capitalization has drawn criticism from XRP supporters. The article, shared by [&#8230;]</p>
<p>The post <a href="https://timestabloid.com/bloomberg-sparks-xrp-army-reactions/">Bloomberg Sparks XRP Army Reactions</a> appeared first on <a href="https://timestabloid.com">Times Tabloid</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>A recent article published by Bloomberg has ignited controversy within the XRP community. In an article titled &#8220;Settlement Speculation Pushes XRP to Forefront of Crypto Rally,&#8221; the financial news outlet described XRP as a &#8220;little-known cryptocurrency.&#8221; This characterization of the seventh-largest cryptocurrency by market capitalization has drawn criticism from XRP supporters.</p>
<p>The article, <a href="https://x.com/crypto/status/1813630948249940440?t=OEbAW6z1TrCEgT35LJJXFA&amp;s=19" rel="nofollow">shared</a> by Bloomberg Crypto on X, attributes XRP&#8217;s recent 40% price surge to speculation surrounding a potential settlement in the ongoing legal dispute between the U.S. Securities and Exchange Commission (SEC) and Ripple.</p>
<h2><strong>XRP Community Responds</strong></h2>
<p>Members of the XRP community were quick to express their dissatisfaction with Bloomberg&#8217;s description of the cryptocurrency. Prominent XRP advocates, including cryptocurrency YouTuber Ben Armstrong, popularly known as BitBoy, <a href="https://x.com/BenArmstrongsX/status/1813700809730977995?t=tsz4SMYRu8P2a4aHFWPzxA&amp;s=19" rel="nofollow">voiced</a> his disagreement with the characterization. Zach Rector, another prominent voice in the XRP community, <a href="https://x.com/ZachRector7/status/1813710247007244652?t=XdxABpXlEpMlC8er09YZAQ&amp;s=19" rel="nofollow">called</a> the description a joke, promising to address the issue in a video.</p>
<p>While Bloomberg highlighted XRP&#8217;s significant price increase, the &#8220;little-known&#8221; label misrepresents the cryptocurrency&#8217;s visibility and standing within the crypto ecosystem. XRP has consistently ranked among the top ten cryptocurrencies by market capitalization, indicating substantial market interest and adoption.</p>
<p>One XRP enthusiast <a href="https://x.com/DiepSanh/status/1813720875503648935?t=Ek8_icGKBnxQJI2zouaBcA&amp;s=19" rel="nofollow">suggests</a> that Bloomberg intentionally used the &#8220;little-known&#8221; description to generate engagement and increase the article&#8217;s visibility. This strategy seems to have worked, as the post had over 125,000 views at press time.</p>
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<h2><strong>XRP’s Status in the Crypto Market</strong></h2>
<p>Beyond its position in the cryptocurrency market, XRP has gained prominence due to its involvement in the infamous XRPlawsuit. The case has attracted widespread attention from the crypto industry and traditional finance. This lawsuit has given XRP a unique status as the <a href="https://timestabloid.com/xrp-is-only-digital-asset-with-legal-clarity-lfg-2024-will-be-big/">only altcoin with legal clarity</a>.</p>
<p>Furthermore, XRP has found applications in the traditional finance sector. Financial institutions such as <a href="https://timestabloid.com/ripple-partner-tranglo-uses-xrp-for-real-time-cross-border-payments/">Tranglo</a> and various Japanese banks have adopted Ripple&#8217;s payment solution to facilitate cross-border settlements using XRP.</p>
<p>XRP is trading at $0.5652, down 8.32% over the past 24 hours. Despite this seemingly significant drop, XRP is up 25.79% over the past week, and could still recover from this 24-hour decline. However, this decline was not caused by Bloomberg&#8217;s comments.</p>
<p>Whether Bloomberg&#8217;s characterization was intentional or a genuine oversight, it has sparked a conversation about XRP&#8217;s visibility and impact within the cryptocurrency and broader financial landscape. XRP’s influence in global finance is expanding rapidly, and it has become much more than just another little-known cryptocurrency.</p>
<p><em><strong>Disclaimer</strong></em><em>: </em><em>This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author&#8217;s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.</em></p>
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<p>The post <a href="https://timestabloid.com/bloomberg-sparks-xrp-army-reactions/">Bloomberg Sparks XRP Army Reactions</a> appeared first on <a href="https://timestabloid.com">Times Tabloid</a>.</p>
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		<title>CZ Binance Files a Lawsuit against Bloomberg Subsidiary for Defamation: Details</title>
		<link>https://timestabloid.com/cz-binance-files-a-lawsuit-against-bloomberg-subsidiary-for-defamation-details/</link>
		
		<dc:creator><![CDATA[Solomon Odunayo]]></dc:creator>
		<pubDate>Mon, 25 Jul 2022 21:38:59 +0000</pubDate>
				<category><![CDATA[Cryptocurrency]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Binance CEO]]></category>
		<category><![CDATA[Bloomberg]]></category>
		<category><![CDATA[Changpeng Zhao]]></category>
		<category><![CDATA[CZ]]></category>
		<category><![CDATA[CZ Binance]]></category>
		<category><![CDATA[Modern Media Company]]></category>
		<guid isPermaLink="false">https://timestabloid.com/?p=7900</guid>

					<description><![CDATA[<p>Changpeng Zhao (CZ), the CEO of Binance, the world’s largest crypto exchange by trading volume, has filed a lawsuit against Bloomberg Businessweek/Chinese-language publisher “Modern Media” for defamation. According to the report, the suit filed by Zhao is based on a report published on the 6th of July 2022 by Bloomberg Businessweek. The Binance boss pointed [&#8230;]</p>
<p>The post <a href="https://timestabloid.com/cz-binance-files-a-lawsuit-against-bloomberg-subsidiary-for-defamation-details/">CZ Binance Files a Lawsuit against Bloomberg Subsidiary for Defamation: Details</a> appeared first on <a href="https://timestabloid.com">Times Tabloid</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Changpeng Zhao (CZ), the CEO of Binance, the world’s largest crypto exchange by trading volume, has filed a lawsuit against Bloomberg Businessweek/Chinese-language publisher “Modern Media” for defamation.</p>
<p>According to the <a href="https://inews-hket-com.translate.goog/article/3310780/%E3%80%90Binance%E3%80%91%E5%B9%A3%E5%AE%89%E8%A1%8C%E6%94%BF%E7%B8%BD%E8%A3%81%E8%B6%99%E9%95%B7%E9%B5%AC%E5%9C%A8%E6%B8%AF%E5%85%A5%E7%A8%9F%E8%B5%B7%E8%A8%B4%E3%80%8A%E5%BD%AD%E5%8D%9A%E5%95%86%E6%A5%AD%E9%80%B1%E5%88%8A%E3%80%8B%E5%87%BA%E7%89%88%E5%95%86%E8%AA%B9%E8%AC%97?_x_tr_sl=auto&amp;_x_tr_tl=en-US&amp;_x_tr_hl=en-US" target="_blank" rel="noopener">report</a>, the suit filed by Zhao is based on a report published on the 6th of July 2022 by Bloomberg Businessweek. The Binance boss pointed out the report published and shared on social media made false and unfounded criminal charges against him.</p>
<p><strong><em>We Are On Twitter: <a href="https://twitter.com/TimesTabloid1" target="_blank" rel="noopener">Follow Us</a></em></strong></p>
<p>In this case, the plaintiff is Changpeng Zhao and the defendant is the Modern Media Company. CZ Binance is represented by José-Antonio Maurellet, SC, of ​​Des Voeux Chambers, the report said.</p>
<p>The report added that the content of the said defamation is the 250th issue of Bloomberg Businessweek. The post was also shared on Twitter and Facebook, while the weekly cover was titled “Changpeng Zhao&#8217;s Ponzi Scheme.”</p>
<p><strong><em>Read Also: <a href="https://timestabloid.com/cz-binance-apologizes-and-clears-the-air-after-coinmarketcap-called-ripple-xrp-an-imposter/" target="_blank" rel="noopener">CZ Binance Apologizes and Clears the Air after CoinMarketCap Called Ripple’s XRP an Imposter</a></em></strong></p>
<p>According to Zhao, Modern Media is an important and influential China-based media, but the statement is defamatory. He said the reporting made him quite distressed and embarrassed. It also harmed his image in the general public, especially in the crypto and business circles.</p>
<h2><strong>CZ Binance’s Request</strong></h2>
<p>CZ Binance, through the lawsuit, is requesting Modern Media to withdraw the defamatory remarks and make a formal apology. Binance CEO, who is the plaintiff, also demanded compensation from the local media, including aggravated damages.</p>
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<p>The post <a href="https://timestabloid.com/cz-binance-files-a-lawsuit-against-bloomberg-subsidiary-for-defamation-details/">CZ Binance Files a Lawsuit against Bloomberg Subsidiary for Defamation: Details</a> appeared first on <a href="https://timestabloid.com">Times Tabloid</a>.</p>
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		<title>Experts Interviewed by Bloomberg Say Terra (LUNA 2.0) Has No Future: Here Are Their Arguments</title>
		<link>https://timestabloid.com/experts-interviewed-by-bloomberg-say-terra-luna-2-0-has-no-future-heres-their-argument/</link>
		
		<dc:creator><![CDATA[Tobi Loba]]></dc:creator>
		<pubDate>Sat, 11 Jun 2022 08:00:53 +0000</pubDate>
				<category><![CDATA[Cryptocurrency]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Bloomberg]]></category>
		<category><![CDATA[Do Kwon]]></category>
		<category><![CDATA[LUNA]]></category>
		<category><![CDATA[LUNA 2.0]]></category>
		<category><![CDATA[Terra]]></category>
		<category><![CDATA[Terra (LUNA)]]></category>
		<category><![CDATA[Terra 2.0]]></category>
		<category><![CDATA[Terra Blockchain]]></category>
		<guid isPermaLink="false">https://timestabloid.com/?p=6528</guid>

					<description><![CDATA[<p>Terra Classic blockchain has collapsed, initiating the reason for creating an entirely new chain known as Terra 2.0, which brought the token named LUNA 2.0 into existence. LUNA 2.0 was launched, it began trading on ByBit at around $30, but crashed by about 80% a few hours later. At the time of writing, Terra (LUNA [&#8230;]</p>
<p>The post <a href="https://timestabloid.com/experts-interviewed-by-bloomberg-say-terra-luna-2-0-has-no-future-heres-their-argument/">Experts Interviewed by Bloomberg Say Terra (LUNA 2.0) Has No Future: Here Are Their Arguments</a> appeared first on <a href="https://timestabloid.com">Times Tabloid</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Terra Classic blockchain has collapsed, initiating the reason for creating an entirely new chain known as Terra 2.0, which brought the token named LUNA 2.0 into existence.</p>
<p>LUNA 2.0 was launched, it <a href="https://timestabloid.com/terra-luna-2-0-opens-around-30-on-bybit-then-crashes-80-making-binance-to-take-caution/" target="_blank" rel="noopener">began trading on ByBit at around $30</a>, but crashed by about 80% a few hours later. At the time of writing, Terra (LUNA 2.0) is trading at $2.88, according to CoinMarketCap.</p>
<p><strong><em>Read Also: <a href="https://timestabloid.com/terra-team-explains-why-terra-2-0-is-not-a-fork-but-entirely-new-chain/" target="_blank" rel="noopener">Terra Team Explains Why Terra 2.0 Is Not a Fork but Entirely New Chain</a></em></strong></p>
<p>It can be recalled that Do Kwon was warned by several crypto experts, such as <a href="https://timestabloid.com/cz-binance-shows-support-for-terra-points-out-potential-issues-with-forking-terra-blockchain/" target="_blank" rel="noopener">Binance CEO Changpeng Zhao (CZ)</a>, that creating a new chain is never an option in getting the collapsed ecosystem back on track, but a massive burn of Terra Classic (LUNC) should rather be initiated.</p>
<p>Also, a number of Terra community members called for the burning of LUNC, but Kwon and his team of validators remained determined on creating Terra 2.0.</p>
<h2><strong>Experts Say LUNA 2.0 Has No Future</strong></h2>
<p>Bloomberg <a href="https://www.bnnbloomberg.ca/no-future-analysts-weigh-in-on-new-luna-token-s-prospects-1.1777042" target="_blank" rel="noopener">taped</a> the opinions of four experts, who discussed the collapse of the Terra blockchain and the creation of Terra 2.0, concluding that the new chain and its native token, LUNA 2.0, have no future.</p>
<p>According to Mati Greenspan, the founder of Quantum Economics, LUNA 2.0 was never meant to grow. He said it was only created to make large investors who were heavily affected by the crash of UST and LUNA to recover a fraction of their losses. He said no factor is capable of aiding the growth of the new digital currency.</p>
<p>Mati Greenspan noted:</p>
<p><em>“Luna 2 was never meant to survive, it was simply a mechanism for some who were heavily invested to recoup some of their losses at the expense of new money coming in from the hype. I don’t see any reason for the price to go up ever.” </em></p>
<p>Another analyst at Messari, Kunal Goel, who spoke with Bloomberg said that it will be hard for LUNA 2.0 to survive because it was created during the bear market. He said the old LUNA derived its growth from TerraUSD (UST), but the new one does not have such support. Also, the legal issue is a bad signal:</p>
<p><em>“Terra 2.0 suffers from multiple problems. It has gone live in an unfavorable macro and crypto environment. Without an algorithmic stablecoin, it has no clear point of differentiation from other smart contract platforms. Finally, the regulatory overhang is a key concern in investors’ minds.”</em></p>
<p><strong><em>Read Also: <a href="https://timestabloid.com/im-disappointed-in-terra-team-says-cz-as-he-explains-why-binance-delists-luna-and-ust/" target="_blank" rel="noopener">I’m Disappointed in Terra Team, Says CZ, As He Explains Why Binance Delists LUNA and UST</a></em></strong></p>
<p>An analyst at Kaiko, Riyad Carey, is of the opinion that it will be difficult for LUNA 2.0 to gain footing in the market dominated by Ethereum, Solana, and Avalanche. He also said the lack of a burning mechanism is a negative factor for the growth of LUNA 2.0.</p>
<p><em>“Luna 2 will have a difficult time distinguishing itself in a crowded L1 ecosystem with large players like Avalanche and Solana and of course Ethereum. While the original Terra had a fairly robust ecosystem, much of that activity was centered around UST and aUST (UST earning yield in Anchor).</em></p>
<p><em>“Additionally, some of the price action was based around the burning of LUNA to create UST. So now Luna 2 doesn’t have this mechanism, will be facing inflation in the form of vesting/unlocks, and obviously has the baggage of being tied to the largest ever crypto collapse. So it will definitely be a tough path forward.”</em></p>
<p>Lastly, the founder and CEO of KoinBasket, Khaleelulla Baig stated that Terraform Labs and Do Kwon have lost credibility in the crypto industry, which is currently having a negative impact on the new token they created.</p>
<p><em>“Everyone wants to exit the new Luna as the founder Do Kwon has lost credibility among the community. Luna has no future. The founder didn’t build firewalls around the algo even when they had an opportunity to do so.</em></p>
<p><em>That’s why they have lost credibility. Building the new Luna within the existing community will not make any sense now. Smart money will move to fundamental coins from such risky coins.”</em></p>
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<p>The post <a href="https://timestabloid.com/experts-interviewed-by-bloomberg-say-terra-luna-2-0-has-no-future-heres-their-argument/">Experts Interviewed by Bloomberg Say Terra (LUNA 2.0) Has No Future: Here Are Their Arguments</a> appeared first on <a href="https://timestabloid.com">Times Tabloid</a>.</p>
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