Closer Look at XRP, Bitcoin Performance; Web3 Funding from Venture Capital Funds Slumps
Host Angie Lau breaks down the latest crypto market movements, with a focus on XRP after Ripple's partial win in its legal battle against the U.S. Securities and Exchange Commissioner (SEC). Plus, the latest in Web3 developments as venture funding in the space slows down. Those stories and other news shaping the cryptocurrency world are in this episode of "Forkast IQ."
Chainlink’s LINK Pops 15%, XRP Loses Steam as Bitcoin Revisits $29.6K Range Lows
Tech stocks such as Tesla and Netflix, which crypto prices tend to correlate with, sold off during the day as investors shied away from risk assets.
XRP, XLM Climb as Bitcoin Holds Above $30K
XRP registered its best performance since August 2021 last week, seeing a 60% surge following Ripple's partial win in its legal battle against the U.S. Securities and Exchange Commissioner (SEC). StockCharts.com Senior Technical Analyst Julius de Kempenaer discusses the rally, bitcoin price analysis, and why he's watching Polkadot (DOT).
XRP Moving Above 'Cloud' Resistance Is Bullish Precedent for Bitcoin: Analyst
We view XRP's breakout above the Ichimoku cloud as a good example for bitcoin, Fairlead's Katie Stockton said.
XRP Soars 10%, Lifting Altcoins as Bitcoin Dominance Teeters at 1-Month Low
Bitcoin’s stall despite a recent wave of positive crypto news is a cause for concern, one observer said.
XRP Blockchain Still Faces Centralization Caveats as Ripple Regulatory Threat Recedes
Ripple scored a partial win against the SEC last week in a summary judgment that was celebrated across the crypto industry. Why does the project itself remain so controversial?
XRP Futures Notch Open Interest Record High for 2023: CoinGlass
Open interest on XRP-tracked futures climbed over $1.1 billion dollars in the last 24 hours and set a record high for the year, according to CoinGlass data. Higher open interest is a sign of increased bets on an asset and suggests an inflow of new money into a financial market. CoinDesk's Jennifer Sanasie presents "The Chart of The Day."
XRP Futures Set Open Interest Record High for 2023
Open interest on XRP-based futures contracts crossed the $1.1 billion mark in the past 24 hours.
XRP’s 60% Weekly Gain Defies Broader Crypto Slump as Bitcoin Stalls Below $30K
Crypto index funds potentially adding XRP to their holdings could mean additional buying pressure for the token, one analyst said.
Coinbase Looks Like the 'Only Adult Left in the Room': Analyst
John Todaro, senior research analyst at Needham & Company, discusses why a court ruling that Ripple’s XRP token should not be considered a security if sold via an exchange or through programmatic sales is actually a positive for Coinbase. Todaro also explains why Coinbase "looks like really the only adult left in the room in crypto, so to speak, at the exchange level" and why Coinbase is the "de facto large remaining player."