XRP Sees 80% Spike In Major Metric, Why This Matters For Price Appreciation
In recent developments, xRP has recorded a notable surge in one of its most closely watched derivative indicators, which brings attention to how traders are positioning around the asset. Data…
Groundbreaking: China to Pay Interest on Digital Yuan Deposits in Adoption Push
In recent developments, as part of its plan to accelerate the “construction of a financial power” and develop the digital yuan, the Central Bank of China has announced that it…
Digital Yuan holdings to earn interest under China’s new framework
In recent developments, the new framework due Jan. 1 will let banks pay interest on clients’ e-CNY holdings. The development has drawn attention from traders and analysts who are evaluating…
Analyst Says XRP Price On The Verge Of Bearish Breakdown
In recent developments, the XRP price has been bearish all through December, with key support zones failing to hold through the growing sell pressure. While the altcoin hovers around the…
XRP Open Interest Crashes To Levels Not Seen Since 2024, Can It Also Rally 600%?
In recent developments, xRP’s open interest has reportedly crashed to lows not seen since last year, when the altcoin surged by around 600%. On-chain analytics platform CryptoQuant noted that this…
Fed slashes interest rates, but issues mixed forward guidance
In recent developments, a lack of clarity on future interest rate cuts under Jerome Powell’s leadership has placed a damper on a Bitcoin price rally, analysts say. Looking closer, market…
Arthur Hayes: Tether’s Gold and BTC Hoarding Anticipates Major Interest-Rat…
In recent developments, arthur Hayes believes Tether, the largest stablecoin issuer, is positioning for upcoming dovish Federal Reserve moves. Hayes pointed to rising gold and bitcoin as evidence, saying these…
Republic raises $100M for ETH purchases under unusual zero-interest deal
In recent developments, republic Technologies secured a zero-interest convertible loan to expand its Ether holdings, a structure that could limit shareholder dilution. Looking closer, market participants highlight key drivers such…
Probability of December interest rate cut falls below 50%
In recent developments, nearly 67% of investors forecast an interest rate cut of 25 basis points in December when polled during the first week of November. Looking closer, market participants…
Probability of December interest rate cut falls below 50%
In recent developments, nearly 67% of investors forecast an interest rate cut of 25 basis points in December when polled during the first week of November. Looking closer, market participants…
