Ripple Prime, Ripple's prime-brokerage unit, has obtained up to $200 million in financing from Neuberger Berman to expand margin trading services for institutional clients across crypto, equities, fixed income, and foreign exchange markets. This credit facility supports Ripple's strategy to integrate multi-asset trading and credit under one platform, following its acquisition of Hidden Road and expansion into U.S. digital asset trading. The funding will enable Ripple Prime to offer greater margin capacity based on client demand, enhancing its role in institutional finance. This move aligns with Ripple's broader push into custody, treasury, and wallet infrastructure for institutional investors.
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...
Ripple executives urged the U.S. Senate to pass the CLARITY Act, warning that rejecting the bill would maintain regulatory gaps exposing crypto users to risks similar to the FTX collapse. The Act aims to clarify oversight by sharing authority between...
