XRP risks drop below $1, but onchain data highlights silver lining
XRP’s chance of a daily close below $1 are rising, but whale accumulation and shrinking exchange supply may be a sign that traders are buying.
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XRP trades near $1.08 as Binance’s perp-spot volume imbalance Z-Score holds near neutral at 0.17, signaling no extreme speculative pressure in derivatives markets. The number is 0.17. Not dramatic. Not extreme. The 30-day Z-Score on Binance’s XRP perp-spot volume imbalance tracker, per CryptoQuant data, sits near neutral as of the latest reading, which tells one […] The post XRP Derivatives Still Rule Binance, But the Z-Score Says Calm For Now appeared first on Live Bitcoin News.
Read full articleXRP’s chance of a daily close below $1 are rising, but whale accumulation and shrinking exchange supply may be a sign that traders are buying.
Binance has reportedly withdrawn its Greek MiCA registration bid while targeting another EU jurisdiction for passporting rights.
XRP has pushed into an oversold technical setup that some traders are comparing with prior cycle-bottom conditions.
Many altcoins have collapsed by up to 5% in the past hour alone.
The CEO of digital assets analytics platform CryptoQuant, Ki Young Ju, says Michael Saylor’s Strategy may be hampering a Bitcoin (BTC) recovery. Ki Young Ju tells his 429,000 followers on X that by routinely buying large amounts of Bitcoin, Strategy may be reshaping the historical cycle of the top digital asset and keeping BTC in […] The post CryptoQuant CEO Says Michael Saylor’s Strategy May Be Preventing Stronger Bitcoin Recovery Through Continuous Buying – Here’s How appeared first on The Daily Hodl.
Ripple IPO XRP holders got a hint from Garlinghouse about a possible special arrangement. Here is what it could mean and why each version hits a wall.
Binance will limit EU onboarding and services from July 1 under MiCA rules after failing to gain authorization from a member state, while withdrawals remain available for users.
XRP has dropped through the $1.07 support area as traders brace for another leg lower amid mounting bearish pressure. According to data from crypto.news, XRP (XRP) price has fallen about 8% over the past week, extending losses after breaking below…