Markets


Markets

XRP's 'Bearish Skew' Persists Amid 10% Price Slide Following SEC Appeal and ETF Filing

Just as optimism was about to surge, clouds rolled in, pushing prices lower.

XRP's price chart. (CoinDesk)

Markets

Open Interest in XRP Zooms to $1B as Ripple Tests RLUSD Stablecoin

Recent activities include minting significant amounts of RLUSD, suggesting the testing phase might be wrapping up or moving into a more active phase of development.

The ability to transfer all PYUSD user funds into PayPal may leave crypto natives hesitant to adopt the stablecoin. Oliver Buchmann/Unsplash)

Markets

Bitcoin $100K Bullish Bet Draws Nearly $1B Open Interest on Deribit

The $100,000 call is the most popular bitcoin option on Deribit.

BTC Options: Distribution of open interest across all expirations. (Deribit)

Markets

Bitcoin’s Link to Ishiba-Led Swoon in Nikkei Comes Into Question as Yen Declines

The yen losses suggest the market is not worried about Ishiba's hawkish image and potential for faster BOJ rate hikes, offering positive cues to risk assets, including BTC.

Japanese Yen. (Shutterstock)

Markets

MicroStrategy's Next Bitcoin Purchase Is Likely to Take Its Holdings Above Grayscale's GBTC

The self-described Bitcoin development company currently holds 252,220 bitcoins, but has more than $1 billion in dry powder with which to purchase additional tokens.

MicroStrategy executive chairman and co-founder Michael Saylor. (Danny Nelson/CoinDesk)

Markets

'Overbought' Bitcoin Drops Below $64K as ISM Manufacturing Data Looms: 10x Research

The U.S. data, due Tuesday, has triggered 10% price drops in the first week of the past three months, 10x Research said.

BTC's price dropped through a support level on Monday. (TradingView/CoinDesk)

Markets

Bitcoin Bulls Eye $75K and Higher as BTC Registers Three-Week Winning Streak

BTC has registered its first three-week winning trend since February.

Bull Market (Kameleon007/Getty Images)

Markets

MicroStrategy 2X Leveraged ETF Sees Massive Inflows In First Week Of Trading As MSTR Outperforms Bitcoin

The T-REX 2X Long MSTR Daily Target ETF (MSTU) took in $72 million in the first week of trading, according to data by Bloomberg Intelligence.

MSTR vs BTCUSD( TradingView)

Markets

Bitcoin Prices Show Positive 30-Day Correlation With China's Central Bank Balance Sheet

“The new inflow of cash could indirectly push up the price of bitcoin, particularly in the long term perspective,” one analyst said.

Shanghái, China. (Edward He/Unsplash)

Tech

GraFun, Supported by Floki and DWF Labs, Brings Memecoin Frenzy to BNB Chain

FLOKI tokens could see a price jump as the project’s closeness to GraFun boosts fundamentals.

(GraFun)

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