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A debate over the XRP Ledger’s (XRPL) economy model has ignited after Ripple’s Chief Technology Officer (CTO), David Schwartz, directly addressed questions about taxation on the blockchain. Critics have suggested that if XRP holders do not earn from the ecosystem, someone must be collecting a tax. Schwartz’s response challenges this assumption, framing the XRP Ledger as a public utility rather than a profit-generating mechanism for token holders. The debate has since sparked broader conversations about real-world use cases, passive income expectations, and the underlying purpose of the XRPL blockchain.  Ripple CTO Says No Tax On The XRP Ledger  In a post on X social media, Schwartz clarified that the XRP Ledger does not impose a tax on its users. He explained that th...

Crypto majors were mostly flat over the weekend after Bitcoin briefly dipped below $94,000 before recovering to $95,400. ETH gained 1% to trade near $3,180, BNB remained steady at $930, and SOL rose 2% to $142. Among top movers, UNI, IMX, and ENA each climbed about 4%. ZEC also briefly bounced above $700 on Sunday after Cobie commented on the fundamentals behind its recent rally. Market sentiment stayed deeply negative, with the Crypto Fear & Greed Index holding in Extreme Fear at 14 after touching 10 on Friday. On the macro side, JPMorgan identified roughly $94,000 as a key Bitcoin support level based on mining costs and projected potential upside toward $170,000. Institutional activity also made headlines, as Harvard reportedly added about $350 million of Bitcoin t...

The Trump administration has advocated for joining CARF, a global tax-reporting agreement that would allow the IRS to better identify Americans’ foreign crypto holdings.

Investors retreat from crypto ETPs across major regions, resulting in a 27% decline in AUM from October’s peak as uncertainty drives a shift toward safer products.

Corporations have quietly amassed nearly 7% of the Bitcoin supply, as analysts note a growing institutional influence on the crypto market’s liquidity.

EU lawmakers stripped out mandatory client-side message scanning from the latest Chat Control draft, but invasive age checks and voluntary scanning remain.

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