Ripple’s native token, XRP, has captured market attention with a staggering 95% price surge, reaching levels last seen three years ago. Alongside this rally, futures open interest (OI) hit an all-time high of $2.12 billion, signaling heightened trader activity and market optimism.
Futures Market Sees Unprecedented Activity
Data from Coinglass reveals that XRP futures OI jumped 11% in the last 24 hours, with short positions slightly edging out longs, accounting for 50.85% of bets. Over $17 million worth of positions were liquidated during this period, with long traders bearing the brunt of t
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The year 2024 ends with Bitcoin smashing its all-time high of $107,000, while altcoins like Ethereum, Solana, and XRP are trading in the green. This rally is fueled by optimism surrounding lower interest rate cuts in December and MicroStrategy’s inclusion in the Nasdaq 100 index, which has bolstered investor confidence.
Crypto ETFs on the Horizon
According to Bloomberg’s Eric Balchunas, Bitcoin-Ethereum combo ETFs are expected to debut soon, followed by altcoins like Hedera (HBAR). However, Solana (SOL) and XRP ETFs may face delays due to ongoing legal battles with the SEC. Analysts predict
Crypto ETFs on the Horizon
According to Bloomberg’s Eric Balchunas, Bitcoin-Ethereum combo ETFs are expected to debut soon, followed by altcoins like Hedera (HBAR). However, Solana (SOL) and XRP ETFs may face delays due to ongoing legal battles with the SEC. Analysts predict
As the crypto market experienced intensified selling pressure, Justin Sun, the founder of Tron, made strategic moves with massive Ethereum (ETH) transactions. Over the past 24 hours, Sun deposited $320.4 million worth of Ethereum and restaking tokens on HTX, fueling speculation about his tactical trading approach.
Details of Sun’s Transactions
According to Spot Onchain data, Sun transferred 96,591 ETH (approximately $316 million), 1.864 million ether.fi (ETHFI) tokens ($3.54 million), and 260,728 EIGEN tokens ($832,000) to HTX within 13 hours. The deposits were made at an average price of $
Details of Sun’s Transactions
According to Spot Onchain data, Sun transferred 96,591 ETH (approximately $316 million), 1.864 million ether.fi (ETHFI) tokens ($3.54 million), and 260,728 EIGEN tokens ($832,000) to HTX within 13 hours. The deposits were made at an average price of $
Thinking about studying abroad? A fascinating journey in a foreign country, a bright career, and a life-changing experience. But with this transition comes the responsibility of proper planning and preparation.
Checklist to Ensure Study Abroad Journey
Academic Preparation
The choice of the right university and program will impact your career and future. Certain factors are to be considered like flexibility, opportunities, and career prospects.
Choose the right university and program based on rankings, faculty, and courses.
Check the admission requirements like eligibility criteria, l
Checklist to Ensure Study Abroad Journey
Academic Preparation
The choice of the right university and program will impact your career and future. Certain factors are to be considered like flexibility, opportunities, and career prospects.
Choose the right university and program based on rankings, faculty, and courses.
Check the admission requirements like eligibility criteria, l
Ether (ETH) is displaying promising “structural changes,” leading many analysts to predict a retest of its all-time high (ATH) of $4,878, achieved in November 2021. Bankless podcast host Ryan Adams suggested in a Dec. 9 X post that a new ATH could happen within a week. To reach this milestone, Ether would need a 24% gain from its current price of $3,946, as per CoinMarketCap.
ETF Flows Drive Bullish Sentiment
Pseudonymous trader Pentoshi pointed out that Ether has recorded its “highest weekly close of the year,” driven by the beginning of consistent ETF flows. In his Dec. 9 X post to 830,90
ETF Flows Drive Bullish Sentiment
Pseudonymous trader Pentoshi pointed out that Ether has recorded its “highest weekly close of the year,” driven by the beginning of consistent ETF flows. In his Dec. 9 X post to 830,90
In a historic move, the United States Senate has established the first-ever Digital Assets Subcommittee, signaling a greater focus on crypto regulation and integration into the financial system.
Cynthia Lummis Leads Bipartisan Crypto Initiative
Senator Cynthia Lummis of Wyoming, appointed by Senate Banking Committee Chair Tim Scott, will lead the eight-member bipartisan team dedicated to shaping digital asset policies. The committee includes:
Thom Tillis (North Carolina)
Bill Hagerty (Tennessee)
Dave McCormick (Pennsylvania)
Bernie Moreno (Ohio)
Ruben Gallego (Arizona)
Tina Smith (Min
Cynthia Lummis Leads Bipartisan Crypto Initiative
Senator Cynthia Lummis of Wyoming, appointed by Senate Banking Committee Chair Tim Scott, will lead the eight-member bipartisan team dedicated to shaping digital asset policies. The committee includes:
Thom Tillis (North Carolina)
Bill Hagerty (Tennessee)
Dave McCormick (Pennsylvania)
Bernie Moreno (Ohio)
Ruben Gallego (Arizona)
Tina Smith (Min