XRP funding rates on Binance turned negative this week, hitting levels that have historically preceded short-term price rebounds. The setup suggests crowded short positioning may have created conditions for a corrective rally, though analysts caution this does not guarantee a lasting trend reversal without a broader market catalyst. Derivatives Data Flashes Contrarian Signal Data from […]
XRP is attempting to push above the 200 EMA and the $1.55 level, a move that market analyst EGRAG CRYPTO says would signal short-term strength if confirmed with a weekly close. Despite the attempted rally, the token remains trapped inside a descending channel that has defined its price action for months, leaving the broader trend […]
Investor appetite for digital asset funds remains muted after $288 million in weekly outflows. This is the fifth week in a row of redemptions, which propelled aggregate withdrawals to $4 billion, still trailing the $6 billion logged last year. Market participation has thinned significantly, as ETP trading slid to $17 billion, the weakest level since […]
XRP Ledger activity has dropped steeply, with public metrics showing active users, payment volume, and sender accounts falling between 50% and 80% within weeks, according to market watcher Arthur. The data has sparked debate over whether the network is weakening or simply shifting activity away from public dashboards after a new institutional trading feature went […]
Investment products linked to digital assets experienced their fourth consecutive week of outflows, recording $173 million and pushing cumulative losses over four weeks to $3.74 billion. Early in the week, inflows reached $575 million amidst brief optimism, but continued price weakness, which ended up triggering $853 million in outflows soon after. Sentiment stabilized slightly on […]
Investors pulled $1.7 billion from digital asset investment products this past week. This has reversed year-to-date gains and left a net $1 billion outflow globally. CoinShares stated that the decline reflects weaker investor confidence, influenced by a more hawkish US Federal Reserve Chair, continued selling by crypto whales linked to the four-year cycle, and rising […]
Investor interest remained strong for XRP and SOL last week, as the two assets recorded the highest inflows among crypto products. XRP attracted $70.2 million, while Solana added $7.5 million. This trend has continued since their ETFs launched in the US in mid-October, and has brought total inflows to $1.14 billion for XRP and $1.34 […]
Analytics platform DefiLlama has reported an elevated degree of price synchronization among leading cryptocurrencies. Over the past week, several major trading pairs showed correlation coefficients above 0.9, with Bitcoin (BTC) and Solana (SOL) moving almost perfectly in sync at 0.99, suggesting a market in unison, with broad sentiment overriding individual asset stories. Correlation Spike Highlights […]
Digital asset investment products saw $2 billion exit the market last week in the biggest outflows since February. It was also the third consecutive week of negative flows, which pushed the combined total to $3.2 billion. CoinShares attributed the downturn to ongoing monetary policy uncertainty in addition to selling activity from major crypto whales. Falling […]
A new bipartisan discussion draft from the U.S. Senate Committee on Agriculture, released on November 10, proposes a clear regulatory framework for digital assets. The legislation could formally place XRP and other major cryptocurrencies under the oversight of the Commodity Futures Trading Commission (CFTC) as a commodity, a move that could have significant consequences for […]