TL;DR Ripple’s native token was among the poorest performers during the Thursday and Friday market crash, dropping below $3 after the recent all-time high. This has allowed large investors to buy the dip, while Dogecoin’s surge today has pushed it back to a key accumulation zone. Whales bought the dip, scooping up over 130 million […]
The cryptocurrency market experienced some turbulence at the end of the business week, with multiple assets dropping by up to 10% from their local peaks. BTC and XRP are no exception. Both dropped hard, driven to an extent by FUD from large sell-offs. Now, though, Santiment has outlined a big bullish sign. BTC, XRP to […]
The leading cryptocurrency asset has remained a strong contender for different companies’ treasury strategy, now recognized globally within the corporate world. With rising uncertainty in major economies due to various political and macroeconomic conditions, BTC remains a “safer” alternative, at least for now. Another Player in The Game An AI-focused firm headquartered in Japan, listed […]
Around 103,500 Bitcoin options contracts will expire on Friday, July 25, and they have a notional value of roughly $12.6 billion. This one is much larger than last week’s expiry, being an end-of-month event, but unlikely to be enough to influence spot markets, which have been on the back foot for most of the week. […]
The BlackRock iShares Ethereum Trust (ETHA) has hit $10.5 billion in assets under management following a torrent of inflows for the underlying asset. The fund reached $10 billion “in one year flat,” and is the third-fastest ETF to hit that mark in history, observed Bloomberg ETF expert Eric Balchunas on Thursday. “Amazingly, it went from […]
TL;DR XRP retraced hard after rallying to $3.65, clearing $1.3B in leverage during a healthy market reset. Analysts watch $2.80 support level closely as key VWAP zones offer potential downside cushion. 75M XRP sold on Upbit causes a dip, triggering $90M in long position liquidations. XRP Pullback Follows New High Ripple (XRP) reached a fresh […]
The list of companies embracing Ripple’s XRP for treasury holdings is steadily growing. Only a few contenders have utilized this strategy so far, but with easing regulations and increasing adoption, the trend could intensify soon. Institutional Interest Growing Nature’s Miracle Holding Inc., a publicly traded company (ticker: NMHI) specializing in farming technology, announced on Wednesday […]
First time in over a year, Ethereum spot trading volume is greater than Bitcoin’s, reported CryptoQuant on Wednesday. Last week, ETH spot trading hit $25.7 billion compared to $24.4 billion for Bitcoin, it added, noting that this pushed the ETH/BTC spot volume ratio above 1 for the first time since June 2024. “Investors are rotating […]
Most altcoins have headed south over the past several hours, and the second-largest is no exception. XRP, which was among the top performers until yesterday evening, has plunged by double-digits to a new weekly low. As such, it has caused substantial losses to over-leveraged traders, even more than BTC. XRPUSD. Source: TradingView What goes up, […]
The US Justice Department has dropped its criminal investigation into Kraken co-founder Jesse Powell. The investigation was launched in 2023 and did not focus on Powell’s crypto dealings. Instead, it centered on allegations from the Verge Center for the Arts – a nonprofit he founded – that he had hacked its accounts and blocked email […]