Ripple's Chief Technology Officer, David Schwartz, has refuted claims of a non-disclosure agreement (NDA) or "gag order" that allegedly forced him to misrepresent information about Ripple and the XRP token. Schwartz addressed these rumors following accusations from a community member, emphasizing that no such restrictions were imposed on him.
Meanwhile, Shiba Inu's burn rate has surged by 812%, marking a significant increase in network activity. Over 12 million SHIB tokens were sent to unrecoverable addresses in the past 24 hours, according to Shibburn data. This spike in burning activity follows a period of stability and renewed interest in the Shiba Inu ecosystem.
In the Bitcoin market, the cryptocurrency is poised for a potential move toward $95,600, as it nears a weekly close above $76,589. The recent price action, characterized by a long lower shadow on the weekly candlestick, suggests aggressive buying by institutional investors, despite earlier attempts by short sellers to drive prices down.
Ripple CTO Denies XRP NDA Rumors; Shiba Inu Burn Rate Soars 812%
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