XRP's open interest on Binance surged nearly 29% in two weeks, reaching $232.7 million, the highest since June 2026. Despite this increase, the rise is driven by bearish traders, as indicated by a sharp drop in Binance's XRP Perpetual Cumulative Volume Delta to negative $463.2 million, signaling strong sell-side pressure. This suggests that while more traders are active, the market sentiment remains negative, raising questions about whether this activity will deepen the price decline or trigger a reversal if bears unwind positions.
Bitcoin stabilized above $63,000, gaining 0.8% amid a rebound in U.S. equities, with Nasdaq futures hitting a high since early July. However, U.S. spot Bitcoin ETFs saw $390 million in net outflows last week, marking the largest withdrawal in six wee...
XRP is currently retesting a significant long-term trendline that has supported its price since 2020, signaling a potential base for recovery. Analyst Steph Is Crypto highlights that a confirmed breakout above this resistance could drive XRP's price ...
On August 17, Ripple minted 10 million RLUSD stablecoins on the XRP Ledger, increasing the circulating supply to approximately 1.711 billion tokens with a market cap near $1.71 billion. This minting confirms token issuance but does not prove immediat...
The XRP Ledger released version 3.3.0 featuring Confidential MPT, a privacy amendment that encrypts token balances and transfer amounts while keeping sender and receiver accounts visible. This opt-in feature targets institutional users by addressing ...
XRP is trading around $1 while futures open interest and trading volumes increase, with traders on Binance and OKX holding heavily leveraged long positions. Despite this bullish positioning, social media sentiment toward XRP has turned the most negat...
