Brad Garlinghouse, CEO of blockchain payments firm Ripple Labs Inc, has highlighted the surging volumes of Bitcoin (BTC) Exchange-Traded Funds (ETFs) and the imminent halving event, noting their significant influence on the broader cryptocurrency market.
Garlinghouse highlighted the historical pattern of the crypto market following BTC’s lead, a trend observed across multiple market cycles. He, however, maintains that only Real World Assets (RWA) can sustain the hype around crypto.
Ripple CEO and RWA Embrace
Drawing from his experience traversing various crypto market cycles, the Ripple CEO emphasized the importance of coupling bullish market sentiment with real-world utility. He stressed that while bullish trends are promising, they must align with tangible applications and utility in the real world to signify genuine progress within the cryptocurrency ecosystem.
BTC ETF volumes have been soaring, we’re due for a halving and the broader crypto market is following BTC’s lead (as ha
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