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Dogecoin And XRP Open Interest Crash To 2024 Levels, Here Are The Figures

admin 207 Views
Open interest in the derivatives markets for Dogecoin and XRP has fallen back to levels last seen in 2024, according to data from Coinglass. Slower capital inflows into the broader crypto market and extended outflows have weighed on the price action of these cryptocurrencies, and the impact is now visible in their futures markets, where […]
CryptoXRP

Ripple CTO Emeritus Fires Back at XRP Ledger Centralization Claims

admin 188 Views
Ripple CTO Emeritus David “JoelKatz” Schwartz pushed back against claims that the XRP Ledger (XRPL) is effectively centralized, after founder and CIO of Cyber Capital Justin Bons argued that XRPL’s Unique Node List (UNL) structure makes validators “permissioned” and gives Ripple-aligned entities “absolute power & control over the chain.” The exchange, sparked by Bons’ broader […]
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Cardano’s Price Remains Under Downside Pressure, But Here’s What Investors Are Up To

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With the persistent downside performance of the Cardano price over the past few weeks, its short-term outlook is turning out to be uncertain and highly volatile. However, investors’ action is telling a different story as sentiment quietly recovers among key ADA holders, which could impact and change the course of the altcoin in the near […]
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Bitcoin Holders Underwater As Supply In Loss Spikes, Reaching Historic Extremes

admin 163 Views
After several attempts, the Bitcoin price finally reclaimed the $65,000 mark, but ongoing volatility and uncertainty across the cryptocurrency market still linger. With BTC falling below this support level, pressure on investors appears to have increased significantly, as evidenced by the number of BTC supply now in loss. Record Levels of Bitcoin Now Sitting At […]
Brad GarlinghouseCryptodecentralized financeDeFiDom KwokXRP

Why Has Ripple Spent $2.7 Billion In Acquisitions In 3 Years, And What Does It Have To Do With XRP?

admin 199 Views
Ripple, a crypto payments company and the largest XRP holder, has been aggressively expanding and developing its infrastructure for the past three years. Within this short timeframe, the crypto firm has acquired six different companies, spending more than $2.7 billion. While these acquisitions have significantly expanded Ripple’s use cases and demand, many in the crypto […]