hodler

27 Apr 2026, 07:20

Is Massive Rally Ahead? BTC on Track for First Kumo Breakout Since October

Bitcoin is knocking on the door of the psychological $80,000 barrier after surging to an intraday high of $79,490. Will this momentum last?

27 Apr 2026, 07:18

Bored Ape NFT prices jump 81 percent as sales drop

🚀 In $ETH-based Bored Ape NFTs, prices skyrocketed 81 percent even as overall sales slumped. Pudgy Penguins floor price jumped above 5 ETH with trading momentum holding up. Continue Reading: Bored Ape NFT prices jump 81 percent as sales drop The post Bored Ape NFT prices jump 81 percent as sales drop appeared first on COINTURK NEWS .

27 Apr 2026, 07:10

XRP Donation: 79-Year-Old Philanthropist Gives 100,000 XRP to South Korean Charity in Record Crypto Gift

BitcoinWorld XRP Donation: 79-Year-Old Philanthropist Gives 100,000 XRP to South Korean Charity in Record Crypto Gift A 79-year-old South Korean philanthropist, Kim Geo-seok, has made headlines with a significant XRP donation. He donated 100,000 XRP to the Seoul branch of the Community Chest of Korea. This act of crypto philanthropy continues his pattern of generous digital asset gifts. XRP Donation Details and Impact Kim Geo-seok transferred 100,000 XRP on April 24. The donation is worth approximately 200 million won, or about $145,000. The Community Chest of Korea confirmed the transfer. It plans to liquidate the assets quickly. The funds will support vulnerable local communities. This XRP donation is one of the largest single crypto gifts in South Korea this year. Philanthropists increasingly use cryptocurrencies for charitable giving. XRP offers fast transaction speeds and low fees. This makes it ideal for cross-border donations. The organization will convert the XRP to fiat currency. It will then distribute the funds to support programs for the elderly, disabled, and low-income families. Kim Geo-seok’s History of Crypto Philanthropy This is not Kim Geo-seok’s first crypto donation. In August last year, he donated one Bitcoin. That was a first in South Korea at the time. He also gave 100,000 XRP to Seoul National University Hospital in March. His consistent use of digital assets shows a growing trend. Wealthy individuals are using cryptocurrencies for social good. His donations highlight the potential of blockchain technology. It enables transparent and traceable charitable transactions. The XRP donation to the hospital helped fund medical research. The latest gift targets community welfare. Each donation is carefully timed and planned. Why Cryptocurrency Donations Are Rising Cryptocurrency donations offer several advantages. They provide tax benefits for donors in many jurisdictions. They also reduce transaction costs compared to traditional banking. For charities, crypto gifts can be quickly liquidated. This ensures funds reach beneficiaries faster. South Korea has a vibrant crypto culture. Many citizens own digital assets. This makes the country a hotspot for crypto philanthropy. The government also supports blockchain innovation. This creates a favorable environment for such donations. Kim Geo-seok’s actions may inspire others to follow suit. Community Chest of Korea’s Role The Community Chest of Korea is a major charity organization. It operates nationwide to support vulnerable groups. The Seoul branch manages local welfare programs. It works with community centers and social services. The XRP donation will fund food, housing, and healthcare initiatives. The organization has experience handling crypto donations. It has clear policies for liquidating digital assets. It uses reputable exchanges to convert crypto to cash. This ensures compliance with financial regulations. The charity also provides receipts for tax purposes. Broader Implications for Crypto Charity This XRP donation sets a precedent. It shows that cryptocurrencies can play a role in mainstream philanthropy. Other charities may now accept digital assets. This could increase the volume of crypto donations globally. It also builds trust in blockchain technology. Regulators are watching these developments. They want to ensure transparency in crypto transactions. South Korea has strict anti-money laundering laws. Donors must verify their identity. Charities must report large transactions. This balance between innovation and regulation is crucial. Conclusion Kim Geo-seok’s 100,000 XRP donation to a South Korean charity is a landmark event. It underscores the growing acceptance of cryptocurrencies in philanthropy. The gift will directly benefit vulnerable communities. It also highlights the potential of digital assets for social impact. As more donors adopt crypto, charities must adapt. This XRP donation is a powerful example of how technology can drive positive change. FAQs Q1: What is the value of the 100,000 XRP donation? The donation is worth approximately 200 million won, or about $145,000, based on current market rates. Q2: Who is Kim Geo-seok? Kim Geo-seok is a 79-year-old South Korean philanthropist known for his generous crypto donations, including Bitcoin and XRP. Q3: How will the charity use the XRP donation? The Community Chest of Korea will liquidate the XRP and use the funds to support programs for vulnerable local communities. Q4: Why are crypto donations becoming popular in South Korea? South Korea has a high rate of crypto ownership, favorable regulations, and tax benefits for donors, making it a hub for crypto philanthropy. Q5: Is this the first time Kim Geo-seok donated XRP? No, he also donated 100,000 XRP to Seoul National University Hospital in March 2023, in addition to a Bitcoin donation in August 2022. This post XRP Donation: 79-Year-Old Philanthropist Gives 100,000 XRP to South Korean Charity in Record Crypto Gift first appeared on BitcoinWorld .

27 Apr 2026, 07:10

Ripple sets 2028 target for XRP Ledger quantum readiness

Ripple published a four-phase roadmap on 19 April 2026 targeting full quantum resistance for XRP Ledger by 2028. The plan includes ML-DSA quantum-safe signatures already deployed on AlphaNet testnet.

27 Apr 2026, 07:05

SEC Chair Paul Atkins Makes History as First Sitting Commissioner to Address the Bitcoin Conference

SEC Chair Paul Atkins is set to deliver a fireside chat at the Bitcoin 2026 conference in Las Vegas on Monday, marking the first time a sitting U.S. securities regulator has spoken at the annual event. Key Takeaways: SEC Chair Paul Atkins is set to address the attendees of Bitcoin 2026 in Las Vegas on

27 Apr 2026, 07:02

Ripple CTO Defends Viral 2017 XRP Price Claim Amid Community Backlash

David Schwartz defends the 2017 XRP price statement. He says that the post was about liquidity, not prediction. The misinterpretation of the tweet sparked fresh community backlash. Ripple CTO David Schwartz has once again found himself at the centre of a heated discussion on the X platform. This time, the debate is over a resurfaced 2017 statement about the XRP price. An old post, which claimed that XRP could not remain “dirt cheap” if it were to support large-scale global transactions, recently got fresh criticism on the social media platform. Some users accused the Ripple CTO of misleading the community. They questioned whether he would delete his earlier remarks. Responding to the backlash, Schwartz stood by his original explanation. He clarified that his comments were never meant to predict the future XRP price. Instead, he emphasized that the statement was a simple economic perspective on liquidity and transaction value. While acknowledging that the post has been misinterpreted, Schwartz maintained that removing it would only add to the confusion rather than resolve it. David Schwartz Responds to XRP Price Controversy In his latest X post, Ripple CTO David Schwartz has responded to renewed criticism over a social media post he made back in 2017. The discussion resurfaced on X after a user accused him of misleading XRP holders and questioned whether he would delete his old comments. In response, Schwartz defended his earlier statements. He explained that those posts were never meant to mislead or “fool” anyone. He pointed out that he often engages with the community to clarify doubts and share his views. The Ripple CTO also made it clear that the old post is being taken out of context. Despite the backlash, he asserted that he has no intention of erasing it. He added that such a move could bring even more confusion among users. XRP “Can’t Be Dirt Cheap,” Says David Schwartz The current discussion on the X platform is based on a post shared back in November 2017. David Schwartz shared a simple idea about XRP that is now being widely debated again. Shwartz explained that if XRP were to handle large-scale global transactions, it couldn’t stay extremely cheap. Using an example, he stated that whether XRP is priced at $1 or $1 million, the total value needed for a transaction remains the same. He stated that it is just the number of tokens that changes. In short, his point was about how value and ultimately work together, not about predicting a specific price. Even after several years, Schwartz still stands by this explanation. However, he admitted that he has thought about deleting those old posts. This is because many people have taken them the wrong way. According to him, the post was never meant to suggest that the XRP price would rise to a certain level. Instead, it was simply an explanation of liquidity and market dynamics. He believes reminding the posts would add to the current confusion. Schwartz also added that his words were not a promise of future XRP price. But rather, it was a basic economic perspective that continues to be misunderstood. This ongoing debate highlights how easily technical explanations in crypto can be misread as price predictions.