Ripple CTO David Schwartz has clapped back at a Litecoin influencer who attacked XRP in a post on X. The argument began when Jonny Litecoin, a supporter of the Litecoin network, said XRP was created “out of thin air” without any mining or staking. With both sides trading sharp words online, the debate reignites the long-standing feud between XRP and Litecoin supporters. Ripple CTO Claps Back With Energy Efficiency Argument David Schwartz, the chief technology officer at Ripple, did not stay silent after seeing the comments from Litecoin influencer Jonny Litecoin. Schwartz pointed out that XRP and Litecoin offer similar use cases , but the difference lies in what it takes to create them. He argued that Litecoin requires significantly more energy to produce, as it operates on a proof-of-work system, whereas XRP does not. In making this point, Schwartz presents XRP as one that could increase in popularity and adoption over time because it avoids the high costs and waste associated with energy-intensive proof-of-work methods. In the X post, he says, “Two products are equivalent except that one takes much more energy. Which one do you think is the most likely to grow in popularity over time?” Ripple has long promoted its “green” side, and even co-founder Chris Larsen worked with Greenpeace to campaign against the heavy energy use of proof-of-work systems. Proof-of-work blockchains, such as Bitcoin and Litecoin, face criticism for being wasteful and environmentally damaging . Litecoin Influencer Sparks XRP Feud With Critical Post Jonny Litecoin sets off the debate when he claims Litecoin holds more real-world value than XRP. He dismissed the asset, saying it was created by a company with no mining or staking and written into existence “out of thin air.” According to him, this means XRP lacks actual value, despite its market cap of $169 million. He argues that every Litecoin undergoes fair mining with electricity and computational power. Jonny Litecoin’s comments did not happen in isolation. The official Litecoin X account also jumped into the fight on August 29 with a long, mocking post aimed at XRP and Ripple CEO Brad Garlinghouse. The caustic “fun fact” post compares XRP’s purpose to the smell of comets and mocked the idea of using the token in bank payments . It even went as far as calling Garlinghouse “Brad Garlicmouse,” sparking outrage among XRP supporters. While many XRP supporters pushed back firmly, the Litecoin account refused to back down. Instead, the account frames the entire exchange as part of a community “roast.” This back-and-forth has once again highlighted the deep divide between proof-of-work supporters and the XRP community, with no signs of the feud slowing down.
Bitcoin mining is undergoing a profound shift by increasingly adopting alternative renewable energy sources. This trend has led to a remarkable change in the industry’s energy profile, with more than half of the network’s power now coming from sustainable sources. Why Renewable Energy Is Becoming A Strategic Edge For Miners In an X post, Natalie Brunell explained that Bitcoin mining is a unique process that consumes energy to secure the network, while ensuring its integrity and scarcity. Unlike traditional currencies that a central authority can print, Bitcoin’s supply is fixed. Related Reading: Bitcoin Mining Can’t Keep Up: Companies Buying At Quadruple Pace – Report The process of mining is the only way to introduce new Bitcoin into circulation, and it requires expanding real-world resources, specifically energy, to validate transactions and secure the network. This design makes the network inherently ethical and resistant to manipulation because no single entity controls the supply or has the power to create more Bitcoin. However, what makes Bitcoin mining particularly innovative is its flexible and location-agnostic nature. Miners are increasingly plugging into alternative and cheapest renewable energy sources such as wind, solar, and hydropower, which is often found in places with abundant underutilized or stranded renewable energy, such as East Texas. This flexibility allows Bitcoin miners to act as a crucial stabilizing force for the energy grid. Instead of staining the grid, they help to balance it. When the supply of renewable energy is high and demand is low, miners can soak up the excess power that would otherwise be wasted. Meanwhile, when demand from homes and businesses spikes, miners can shut down in seconds, instantly giving that power back to the grid. This makes them a valuable component of the energy sector, helping to make renewable energy more economically viable. Marathon’s Position Among Public Bitcoin Miners Marathon Digital Holdings (MARA) has delivered a strong performance, highlighting its strategic position as both a Bitcoin miner and a significant corporate holder of the asset. The company’s August report showcases its dual-engine strategy of mining and strategic purchasing. Related Reading: Bitcoin Eyes $150,000 As Binance Illiquid Supply Hits Record Highs In August, Marathon mined 705 BTC and also made a major move by purchasing an additional 1,133 BTC, actively adding to its treasury. The company’s energized hash rate now stands at an impressive 59.4 EH/s, holding 52,477 BTC in its balance sheet as of the end of August. This shows a proactive approach to accumulating Bitcoin, leveraging market conditions to strengthen its balance sheet. Following this strong August, Marathon mined another 82.6 BTC in September. This continued growth has expanded its Bitcoin treasury to nearly 52,560 BTC, cementing its status as one of the largest publicly traded holders of the digital asset. According to the company’s data, every common share of MARA is backed by $15.68 worth of BTC. Featured image from Getty Images, chart from Tradingview.com
Investors might need to wait for $30 to be reclaimed as support before expecting quick, intense rallies.
Ether price shows resilience as strong onchain activity and balanced options sentiment support a potential price recovery.
DOGE Price Prediction has taken center stage once again as Dogecoin surged past the $0.21 mark, fueled by news that Trump-backed Thumzup has invested $50 million into DOGE mining rigs. The move has reignited speculation about Dogecoin’s long-term potential, with traders now debating whether the world’s most famous meme coin could realistically push toward the $1 milestone in the next leg of its rally. On September 4, Thumzup Media Corporation, a Nasdaq-listed social media marketing company with backing from Donald Trump Jr., revealed plans for a $50 million shareholder capital raise. Donald Trump Jr.-backed Thumzup Media Corporation said in a shareholder letter it has purchased $1M in Bitcoin and authorized additional investments in DOGE, LTC, SOL, XRP, ETH, and USDC. The company also signed a definitive agreement to acquire 2,500 DOGE miners, with plans to… — Wu Blockchain (@WuBlockchain) September 5, 2025 Can 3,500 Mining Rigs Generate $103M Annually for a DOGE rally to $1 This funding includes a binding agreement to purchase 2,500 DOGE mining units, with potential expansion to 3,500 total rigs. The company will acquire DogeHash Technologies, a specialized Dogecoin mining operation, to enter “large-scale cryptocurrency mining and strategic blockchain investments.” Trump-linked Thumzup is acquiring Dogehash, a Dogecoin mining operation, with plans to list as Dogehash Technologies Holdings. #Thumzup #Dogecoin https://t.co/qfqYdP8aOt — Cryptonews.com (@cryptonews) August 20, 2025 At current Dogecoin valuations, the complete 3,500-rig operation could yield annual revenues between $22 million and $103 million. The company anticipates this mining acquisition will position it among North America’s leading publicly traded Dogecoin miners, a development analysts interpret as a positive catalyst for DOGE’s potential rally toward $1. Crypto researcher SeniorDeFi pointed to a DOGE chart revealing a symmetric triangle breakout formation, with technical targets suggesting a 72% price increase toward $0.37 in the near term. Source: X/ SeniorDefi The analyst maintains a long-term bullish outlook, projecting DOGE’s eventual climb to $1. Bloomberg ETF analyst Eric Balchunas has amplified expectations for a significant Dogecoin rally by suggesting that a Dogecoin exchange-traded fund could launch in US markets within the week. Beyond REX Shares’ filing, 21Shares has submitted a formal Dogecoin ETF proposal, joining similar applications from Bitwise and Grayscale, all pending SEC review. Additionally, House of Doge recently partnered with NYSE-listed CleanCore Solutions to establish the first “official” Dogecoin digital asset treasury, with Elon Musk’s personal attorney Alex Spiro serving as chairman. DOGE HITS WALL STREET : 80+ investors back a $175M $DOGE treasury led by Elon’s lawyer Alex Spiro ( @QuinnEmanuel ) as chair. Co-founded by @houseofdoge & Dogecoin Foundation, it’s the biggest DOGE treasury ever backed by Pantera, GSR, FalconX and more. pic.twitter.com/ZD8EpvZ1pD — 𝓣 𝓞 𝓟 𝓓 𝓞 𝓖 𝓔 (@TOPDOGE007) September 2, 2025 This partnership agreement secures commitments from over 80 institutions, including Pantera Capital, totaling $175 million through warrant agreements to build Dogecoin treasury reserves. All of these developments create a compelling case for Dogecoin to reach $1, which is approximately 400% above its current levels. Since Bitcoin received ETF approval in January 2024, it has added over $1.2 trillion to its market capitalization. Dogecoin requires only an additional $90 billion in market cap to achieve the $1 price milestone. DOGE Price Prediction: Historic 179%-351% Rally Pattern Screams DOGE Breakout The Dogecoin weekly chart reveals a recurring accumulation and breakout pattern that has emerged multiple times since 2021. Each consolidation phase within descending or symmetrical wedges has preceded sharp rallies of 179%, 264%, and 351% respectively, before encountering resistance at the long-term descending trendline. Source: TradingView/Kiu_Coin Currently, Dogecoin is consolidating within a narrow wedge below $0.22, with price action approaching the breakout zone. If historical patterns repeat, a breakout could trigger another substantial move, potentially retesting the upper boundary around $0.35–$0.40. However, failure to break above the current resistance would expose DOGE to potential retracement toward the broader support channel near $0.10–$0.15. MAXI DOGE Presents Alternative Opportunities in Meme Coin Space While Dogecoin prepares for potential new highs, presale projects with meme coin characteristics like Maxi Doge (MAXI) are attracting investor attention. Despite drawing inspiration from Dogecoin, supporters believe Maxi Doge could replicate the success of Dogecoin (DOGE) and Shiba Inu (SHIB), while incorporating features tailored to current crypto market preferences. The ongoing presale has raised over $1.86 million to date. Each MAXI token currently trades at $0.0002555, with prices scheduled to increase in the next 2 hours. Interested investors should visit the Maxi Doge presale website before the current round concludes. MAXI presale participants can also earn a 168% APY through staking mechanisms. Visit the Official Website Here The post DOGE Price Prediction: Dogecoin Breaks $0.21 as Trump-Backed Thumzup Invests $50M in DOGE Mining Rigs – $1 Next? appeared first on Cryptonews .
SOL Strategies will begin trading on Nasdaq as STKE on September 9 (pending SEC registration), moving from the Canadian Securities Exchange (HODL) and exiting the OTCQB; the company says Nasdaq
An early Ether (ETH) investor that has been dormant for over eight years, has awakened and made one of the largest staking deposits in recent history. According to on-chain data spotlighted by Lookonchain , three addresses that snapped up 1 million Ether tokens during the initial coin offering (ICO) in 2015 transferred a combined amount of $645 million worth of funds on Thursday to a staking address. The anonymous whale initially purchased the coins for $310,000 at $0.31 per coin. That stash is now valued around $4.3 billion. Prior to Thursday’s action, the three wallets had been inactive since February 2022, when they conducted non-ETH transactions. After this week’s staking, two wallets still hold another 105,000 ETH, valued at $451 million. An #Ethereum ICO participant who received 1,000,000 $ETH just woke up after 8 years of dormancy. He moved 150,000 $ETH ($645M) to a new wallet for staking. He invested $310K in the ICO via 3 wallets and received 1,000,000 $ETH — now worth $4.3B. After staking 150,000 $ETH , he… pic.twitter.com/B5CBTBJ2O5 — Lookonchain (@lookonchain) September 5, 2025 It’s the latest in a slew of reactivating ICO whale addresses. In August, one ICO whale moved $19 million worth of ETH to the Kraken crypto exchange, before selling another 1,060 ETH days later. Another ICO participant also sold 2,300 ETH last month. Ether registered a new all-time high of $4,946.05 late last month and is up an impressive 70% over the last three months. The second-largest cryptocurrency was now changing hands at $4,329 as of publication time. Investor optimism regarding Ether has surged in recent months following the passage of landmark crypto regulation that could benefit the network, and amid rapidly increasing institutional demand for the asset that has sparked huge inflows into spot ETH exchange-traded funds (ETFs). ETH Accumulation Heats Up Meanwhile, retail whales and financial institutions have continued to aggressively amass Ethereum. They have purchased 218,750 ETH, worth $942.8 million, over the last two days alone, as spotted by Lookonchain. Whales and institutions bought a massive 218,750 $ETH ($942.8M) in the past 2 days. Bitmine bought 69,603 $ETH ($300M) from BitGo and Galaxy Digital. 5 newly created wallets bought 102,455 $ETH ($441.6M) from FalconX. pic.twitter.com/ajkL0O3roc — Lookonchain (@lookonchain) September 5, 2025 Peter Thiel-backed Bitmine Immersion Tech , which has become the largest corporate holder of Ether, scooped up 69,603 ETH for approximately $300 million through BitGo and Galaxy Digital’s over-the-counter trades. Bitmine currently holds more than 1.75 million ETH, worth over $7.6 billion. Runner-up Ether treasury firm SharpLink Gaming announced earlier this week that it purchased 39,008 ETH, pushing its total stockpile to 837,230 ETH. Additionally, five wallets that were recently created purchased 102,455 ETH, equivalent to $442 million, through FalconX.
Silver tracks gold. Some investors see it as the fast horse in the precious metal race. My model is different.
The US Senate Banking Committee draft would exclude staking, airdrops and decentralized physical infrastructure networks from the scope of securities laws. Details are coming… *This is not investment advice. Continue Reading: BREAKING: Bullish News for Cryptocurrencies from the US Senate