XRP's spot market shows stronger demand with buyers absorbing supply, while futures markets display reduced leverage and cautious trading. Open Interest in futures dropped from over $1 billion to around $823.8 million, indicating less aggressive positioning. Spot buyers have increased net purchases by about $448 million, but perpetual futures on Binance show significant sell pressure and falling leverage. This divergence suggests that XRP's recent price stability is driven more by spot market strength than by leveraged futures trading.
Japan's prolonged yen weakness is driving more companies to adopt cryptocurrencies like Bitcoin and XRP as alternatives to holding cash. SBI VC Trade, a crypto exchange by SBI Holdings, reports increased corporate demand and a doubling of registered ...
Bitcoin and other major cryptocurrencies declined due to rising US-Iran military tensions, which boosted the US dollar and increased geopolitical uncertainty. The conflict led to higher oil prices and inflation concerns, prompting expectations of hig...
The Japanese yen is trading near its weakest level in four decades, prompting companies to diversify reserves by adding bitcoin and XRP to their balance sheets. SBI VC Trade reports rising corporate demand for these cryptocurrencies, driven by the ye...
Bitcoin and other major cryptocurrencies declined after renewed U.S.-Iran airstrikes escalated tensions, pushing oil prices higher. The conflict, involving attacks on ships and military installations, threatens to collapse the fragile ceasefire and h...
The XRP Ledger has seen a rapid increase in tokenized assets, soaring from $150 million to over $4 billion within a year, driven by institutional adoption and enhancements like MPTokensV1. This growth places XRP among the top four global tokenization...
