XRP's open interest (OI) increased by over 11% this week, reaching $2.65 billion on March 27, indicating growing demand among derivatives traders. Despite a recent price drop to around $1.33, the funding rate's shift back to positive suggests a potential near-term bottom. Major exchanges like CME Group and Binance hold the highest XRP OI, reflecting active market participation. This dynamic shows a balance between bearish positions and emerging bullish sentiment, hinting at possible price recovery ahead.
Binance has introduced an $800,000 XRP airdrop campaign for holders of Ripple's stablecoin RLUSD, offering weekly XRP rewards until August 14. To qualify, users must hold at least 0.01 RLUSD and meet a daily average trading volume of $500 in Margin o...
XRP broke a multi-month downtrend and surged to $1.12 following cooler-than-expected US Producer Price Index (PPI) data, which showed a 0.3% monthly decline and eased fears of tighter Federal Reserve policy. This led to a significant short squeeze wi...
XRP is showing a bullish falling wedge pattern, indicating weakening bearish momentum and a possible trend reversal. On-chain data supports this positive outlook, with more investors moving XRP to self-custody wallets, reducing sell pressure. XRP dom...
The Depository Trust & Clearing Corporation (DTCC) has officially started live production trading of tokenized Russell 1000 equities, major ETFs, and U.S. Treasuries, marking a major step for blockchain in institutional finance. This launch uses bloc...
Binance announced an $800,000 XRP airdrop with strict eligibility rules including full KYC verification and regional bans for residents of Canada, Japan, Iran, North Korea, and much of Europe due to regulatory compliance. Participants must hold at le...
