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7 May 2026, 13:04

David Schwartz Denies Ever Agreeing to Mislead XRP Holders

Questions surrounding XRP’s long-term value and Ripple’s communication strategy have once again sparked heated debate across the crypto community. As investors revisit years-old statements from Ripple executives, discussions about transparency, price expectations, and XRP’s real-world utility continue dominating conversations on X and other social platforms. Crypto influencer STEPH IS CRYPTO recently fueled that debate after sharing comments from Ripple CTO Emeritus David Schwartz, who strongly denied claims that he ever agreed to mislead XRP holders. The remarks quickly attracted attention because they addressed one of the community’s most persistent controversies involving Ripple’s messaging during XRP’s early growth years. David Schwartz Pushes Back Against Allegations In the resurfaced exchange, Schwartz firmly rejected suggestions that he operated under any agreement or non-disclosure arrangement designed to deceive XRP investors. Responding directly to the allegations, he stated, “No agreement. NEVER HAPPENED.” CRAZY: David Schwartz denies ever agreeing to mislead $XRP holders. “No agreement. NEVER HAPPENED” pic.twitter.com/w0vTTR5Vo7 — STEPH IS CRYPTO (@Steph_iscrypto) May 6, 2026 Steph shared the clip alongside renewed discussions about Schwartz’s 2017 comments regarding XRP’s price and liquidity dynamics. At the time, Schwartz explained that XRP could not remain extremely cheap if it were expected to efficiently support massive transaction volumes across global payment networks. His argument focused on liquidity efficiency rather than speculative price predictions. Schwartz explained that a higher XRP valuation would reduce market impact during large transfers because institutions would need fewer tokens to move substantial amounts of value. Old XRP Debates Resurface The controversy highlights how deeply historical comments still influence sentiment within the XRP community. Many investors interpreted Schwartz’s earlier statements as indirect confirmation that XRP would eventually reach dramatically higher prices. Others viewed the comments strictly as technical explanations tied to payment infrastructure and liquidity management. Over the years, Schwartz has repeatedly clarified that Ripple prioritizes utility, adoption, and payment efficiency rather than promoting speculative price targets . He has also consistently criticized unrealistic XRP valuation claims circulating on social media. Despite those clarifications, some community members continue questioning whether Ripple executives unintentionally fueled exaggerated expectations during XRP’s rise in earlier market cycles. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Transparency Remains a Sensitive Topic The latest debate underscores the unusual scrutiny Ripple executives face compared to leaders of many other crypto projects. Because Ripple executives have maintained a strong public presence for years, investors frequently revisit past interviews, conference appearances, and social media posts to reassess earlier statements. Schwartz’s latest response appears aimed at ending accusations that Ripple insiders deliberately encouraged misleading narratives about XRP’s future value. Instead, he continues emphasizing that XRP’s primary purpose involves improving liquidity and facilitating efficient cross-border payments within financial systems. The discussion also reflects broader tensions between utility-driven adoption and speculative investing across the cryptocurrency industry. Many retail investors focus heavily on future price appreciation, while blockchain companies often prioritize infrastructure development and enterprise use cases. As XRP remains one of the crypto market’s most closely watched digital assets, debates surrounding transparency, investor expectations, and Ripple’s messaging strategy are unlikely to disappear anytime soon. Disclaimer : 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. Follow us on Twitter , Facebook , Telegram , and Google News The post David Schwartz Denies Ever Agreeing to Mislead XRP Holders appeared first on Times Tabloid .

7 May 2026, 13:04

Record 1.26% of XRP Supply Now Unavailable Due to ETF Rally, Testing the $1.50 'Glass Ceiling'

XRP supply hits record illiquidity as 1.26% of supply migrates to ETFs, creating a $1.1 billion institutional floor beneath the 75-day price deadlock.

7 May 2026, 13:01

‘Fully Invested’: Bollinger Bands Creator Officially Calls a New Bitcoin Bull Market

John Bollinger, inventor of the Bollinger Bands and founder of Bollinger Capital Management, one of the better-regarded trading indicators, believes the bear market affecting the crypto industry is finally subsiding, stating that his trend model had turned positive for bitcoin. Bollinger Bands Inventor Signals Start of New Bull Market While the crypto industry has faced

7 May 2026, 13:00

Bitcoin Miner Core Scientific Shares Crash Over 6% as Q1 Net Loss Hits $347M

The company’s colocation business generated strong growth, while self-mining revenue declined due to lower Bitcoin production and weaker average Bitcoin prices. Core Scientific’s stock initially rose after announcing a $421 million acquisition of Polaris DS LLC, but later fell around 7% in after-hours trading following the earnings release. Core Scientific Hit With $347M Loss Shares of Core Scientific fell sharply in after-hours trading after the Bitcoin mining company reported a net loss for the first quarter of 2026, despite posting strong growth in both revenue and gross profit. According to the company’s latest earnings report, Core Scientific generated $115.2 million in total revenue during the quarter, which was a big increase from the $79.5 million recorded during the same period in 2025. Gross profit also improved considerably after rising to $30.1 million compared to just $8.2 million a year earlier. The revenue growth was largely driven by the company’s expanding colocation business, which produced approximately $77.5 million in revenue during the quarter. Part of Core Scientific’s Q1 2026 results While the colocation division showed strong momentum, Core Scientific’s self-mining business experienced a big decline. Revenue from self-mining dropped to $30.1 million, down from $67.2 million in Q1 2025. The company explained that the decrease was mainly due to a 45% reduction in Bitcoin mined during the quarter, which was tied to its strategic pivot toward colocation services as well as an 18% decline in the average Bitcoin price over the period. Despite the stronger operational performance in several areas, Core Scientific ultimately reported a net loss of $347.2 million for the quarter. This was a sharp reversal from the $576.3 million net income it posted during the same period last year. The company attributed the loss primarily to $266.5 million in non-cash impairment charges, along with an additional $30.8 million non-cash loss related to changes in the fair value of warrants and contingent value rights. CEO Adam Sullivan explained that the company is still heavily focused on infrastructure expansion and future growth opportunities. He stated that Core Scientific is investing aggressively to accelerate development timelines across multiple sites while preparing capacity ahead of customer contracts. The market reaction was mixed throughout the trading session. Core Scientific’s stock initially surged around 11% during regular trading hours after the company announced a $421 million acquisition deal involving Oklahoma-based Bitcoin miner Polaris DS LLC. The acquisition is expected to provide Core Scientific with access to 440 megawatts of contracted power through Oklahoma Gas & Electric, strengthening the company’s long-term infrastructure capabilities. Core Scientific stock price over the past 24 hours (Source: Google Finance) However, sentiment shifted after the earnings release, with shares dropping roughly 7% in after-hours trading.

7 May 2026, 12:58

Solana Price Prediction: Can SOL Defend $90 and Rally Higher?

Solana is holding near a key support area, with one chart showing SOL defending an ascending trendline and another showing price inside the $80 to $95 support zone. However, SOL still needs to reclaim the $115 area to confirm stronger recovery momentum and keep the larger $260 target in view. Solana Holds Ascending Trendline as SOL Price Tests Key Support Solana held above a key ascending trendline on the daily SOL/USDT chart, while the chart shared by CryptoJack on X showed buyers defending the same support line several times. The chart shows SOL building higher lows along the rising trendline. That structure suggests buyers have stepped in each time the price returned to support. The latest move also shows SOL trading near the upper part of the recent range after bouncing from the same trendline area. Solana Ascending Trendline Chart. Source: CryptoJack on X CryptoJack said Solana could continue its upward momentum if SOL holds and confirms above the ascending trendline. That level now acts as the main short-term support. A clean hold above it could keep the bullish structure active and allow SOL to test higher resistance levels. However, the setup still needs confirmation. SOL must stay above the trendline and avoid a daily close back below it. If sellers push the price under that support, the chart could shift toward a correction. The candles near the right side of the chart show some hesitation after the recent move higher. That means buyers still need follow-through. Without stronger momentum, SOL may retest the trendline again before choosing a direction. For now, Solana’s short-term trend depends on this support line. As long as SOL holds above the ascending trendline, the chart keeps the upward structure intact. A breakdown below it would weaken the setup and increase the risk of a pullback. Solana Holds $90 Zone as SOL Price Trades Inside Major Support Area Solana traded near $90 on the daily SOL/USDT chart, while the chart shared by Don on X showed SOL holding inside a long-term support zone. The chart marks the current price area around $90.17. SOL has been moving sideways near this zone for more than 100 bars, showing that price has spent several months trying to form a base after the sharp decline from higher levels. The green support band sits around the $80 to $95 area. This zone also acted as an important reaction area during earlier market cycles. That makes the current range important for Solana’s next larger move. Solana Support Zone Chart. Source: Don on X The chart also shows a moving average near $115.12 above the current price. SOL needs to reclaim that level to show stronger recovery momentum. Until then, the price remains below a key trend level and inside a wider consolidation phase. The upside target marked on the chart sits near $260.17. That level is far above the current price and appears to match the previous high area. However, SOL would first need to break above $115, then build strength through several resistance zones before that target becomes active. For now, Solana’s main test is the $90 support zone. A clean hold above this area could keep the base-building structure intact. However, a breakdown below the green band would weaken the setup and increase the risk of a deeper pullback.

7 May 2026, 12:54

ZachXBT raises insider manipulation alert as LAB token goes on a run

ZachXBT warned that the recently trending LAB token is showing signs of insider trading. He claims the project team uses LAB centralized listings to sway the price. The LAB project promised new platforms for multi-chain trading, recently introducing prediction markets as well. LAB native tokens launched in late 2025 and traded sideways for months. In the past week, LAB broke out of its usual range below $1 and rose to new all-time highs above $4.65. LAB lined up among trending tokens, with over 537% in weekly gains. The project has not made any new announcements, so the rapid expansion is viewed with suspicion. ZachXBT suspects insider trading Unlike other recent tokens , LAB is widely distributed to centralized exchanges. This means the asset’s activity is less transparent. According to Bubblemaps, the ownership structure suggests that exchange wallets hold a significant part of the LAB supply. Researchers have tracked some known wallets, linking them to the LAB founder Vova Sadkov . On-chain researchers also revealed that team wallets sent funds to exchanges ahead of the most recent pump. Moving LAB has prepared exchanges for increased market maker activity. Since LAB is allegedly heavily controlled by team members, the token managed to climb with no significant sell-offs to date. ZachXBT noted he has tried to reach out to Sadkov, but has not received replies. LAB is only one of the recently pumping tokens , which show signs of deliberate trading and price manipulation. Since organic token and altcoin trading is much slower, ZachXBT warns of tokens with a controlled supply, aiming to draw in new investors and cause losses or liquidations. Previously, ZachXBT has shed light on tokens with extraordinary rallies. The investigation into the RAVE pump caused the token to crash. ZachXBT also reached out to Bitget to investigate the RAVE pump and the techniques used to hurt retail traders. Is LAB a sustainable token? The LAB project claimed its goal was to create a trading ecosystem that is not focused on extracting fees and value. LAB depends on its futures market, with the bulk of open interest on Binance and Bitget. In the past week, LAB open interest rose to an all-time high above $163M , of which $89M were concentrated on Binance. LAB is not represented on Hyperliquid and depends on a small selection of exchanges for its liquidity. Over 74% of the LAB open interest was in short positions, suggesting the recent rally was an attempted short squeeze. The risk of market manipulation lies in deliberately observing and liquidating short positions. In general, traders were reluctant to short LAB, as similar tokens have proven risky. However, new short positions were opened as the token broke out to all-time highs. A similar wave of liquidations is possible for long positions if they expand their share of open interest. The crypto market has been receptive to recently trending new tokens, but derivative trading has turned extremely risky. Similar new tokens include MYSTERY, which, according to BubbleMaps, had 90% of its supply sniped . Currently, LAB is held in whale wallets and only has limited DEX liquidity pairs . Bitget is one of the biggest holders, with $1.2B in LAB tokens that can be potentially unlocked. Additionally, up to 99% of tokens may be held by insiders or market makers. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .