The self-custodial yield platform, MoreMarkets, has unveiled a partnership with the layer-1 blockchain interoperability community Flare to supply yield to XRP holders. XRP is the native cryptocurrency of the XRP Ledger (XRPL), a decentralized blockchain constructed by Ripple Labs. In line with a press launch despatched to CryptoPotato, the alliance has led to the launch…
Truth Social and the company behind it, Trump Media and Technology Group Corp, announced massive adoption news for the CRO token on two fronts. The entity linked to the current US President said it will purchase around 2% of the entire token supply by spending around $105 million for 685,427,004 CRO. The first press release…
August trading data from Binance exposed a clear divergence between bullish futures sentiment and Bitcoin’s actual downward trend. This gap highlights the growing risks of excessive optimism in leveraged trading. Market Imbalance Despite Bitcoin experiencing significant declines throughout the month, funding rates on Binance futures contracts consistently remained positive. CryptoQuant found that the figure ranged…
XRP has set a new benchmark for institutional adoption, becoming the quickest contract ever to reach $1 billion in open interest on the CME Group’s derivatives marketplace. The achievement places XRP futures alongside Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) in CME’s “$1B club,” a level often viewed as the threshold where liquidity deepens and…
Bitcoin’s value slid to a multi-week low of beneath $109,000 on August twenty sixth, down about 2% from yesterday. As crypto majors continued to bleed this week, information recommend that retail buyers are panicking. Is This the Backside? Bitcoin ETFs are experiencing their longest outflow streak in six market days, a pattern not seen since…
The price of Ethereum (ETH) has rocketed 200% from its mid-April lows, but the real story is unfolding on its blockchain. While a recent pullback from its new peak above $4,900 captured headlines, there’s a resurgence in fundamental network activity, suggesting this is more than just a speculative rally. On-Chain Fundamentals Ignite Michael Nadeau of…
XRP struggled to maintain its current momentum because it did not reclaim the $3 mark. After having fun with a comparatively robust weekend that saved sentiment leaning optimistic, promoting stress emerged on Monday, which pushed the value again all the way down to $2.95. The correction part is probably not over but, as on-chain knowledge…
Crypto markets are getting ready for a wave of promoting stress as greater than $998 million price of token unlocks hit circulation between August 25 and August 31, in accordance with knowledge from Tokenomist. The biggest scheduled releases embrace Sui (SUI), Optimism (OP), Jupiter (JUP), and Huma Finance (HUMA). Heavy Unlock Schedule The token activations…
Actual Imaginative and prescient co-founder Raoul Pal has stirred debate after sharing his thesis on the present market cycle. In keeping with him, Ethereum (ETH) is ready to outperform Bitcoin (BTC), whereas Solana (SOL) might eclipse Ethereum, and Sui (SUI) could even surpass Solana on the again of its adoption curve. Bitcoin’s Struggles Give Altcoins…
Digital asset funding merchandise confronted their largest weekly outflows since March as $1.43 billion exited the market. Regardless of this, buying and selling volumes in exchange-traded merchandise (ETPs) surged to $38 billion, round 50% above the yearly common, which mirrored “more and more polarised” investor sentiment over US financial coverage. Early within the week, fears…