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XRP Holds Strong as Archax Unveils Tokenized Money Market Fund on XRP Ledger
26.11.2024
Archax has provided access to Abrdn’s U.S. dollar Liquidity Fund (Lux) in tokenized form on XRPL.Ripple will allocate $5 million into tokens on Abrdn’s Lux fund, part of a larger allocation to real-world assets (RWAs) on the XRPL.XRP price jumped 6%, touching a high of $1.49 in the hours following...
Three Reasons Why Bitcoin Risks Falling Below $90K: Godbole
26.11.2024
BTC traders purchase protective put options in response to Monday's 5% decline.The Coinbase premium indicator highlights a decline in demand for Bitcoin in the U.S. market.The daily chart reveals a bearish RSI divergence, signaling potential weakness in price momentum
Bitcoin Slides Near $94K, But Short-Term Bullish Target of $100K BTC Unchanged
26.11.2024
A bitcoin-led crypto market correction continued into its third day as the asset lost a further 3.5% in the past 24 hours.However, bitcoin tends to bounce back when short-term holders sell at a loss. And some say this creates a buying opportunity for traders at current levels.It's a ride that some...
Bitcoin Nosedives to $92K as $551M Vanishes in Liquidations
26.11.2024
Bitcoin took a tumble today, hitting an intraday low of $92,584 per coin—a noticeable drop from its earlier perch at $98,000. Bitcoin Slips 4.6% to $92.5K as $118M in Long Positions Gets Wiped Out By 7:36 p.m. EDT, bitcoin (BTC) was down 4.6% against the U.S. dollar. Over the past hour,...
Ripple Unveils First Tokenized Money Market Fund on XRP Ledger
26.11.2024
Ripple advances tokenized finance with the first money market fund on XRP Ledger, redefining efficiency in real-world asset tokenization and institutional Defi. Ripple Unlocks New Era of Tokenized Funds on XRP Ledger Ripple announced Monday that Archax, a Financial Conduct Authority (FCA)-regulated...
Ripple, Archax debut first tokenized money market fund on XRP Ledger
26.11.2024
To kick things off, Ripple’s XRP Ledge will tokenize asset manager asset manager abrdn’s $4.77 billion US dollar Liquidity Fund
Trading Volumes on Korean Exchanges Surge With DOGE and XRP Dominating
25.11.2024
The recent spike in trading activity on Korean exchanges has brought the country and its retail investors to the fore of the crypto industry. Korean Investors Love to Play Big The South Korean cryptocurrency market is once again at the center of global attention with a recent surge in trading...
Ether Favored in Crypto Rotation as Bitcoin Recoils Off $100K Sell Wall
25.11.2024
ETH advanced 4% during the day, outperforming BTC's 1.5% loss and slight gains of the broader market benchmark CoinDesk 20 Index.The ETH/BTC ratio hit its weakest level in three years last week, but has rebounded since and is poised for more gains, observers noted.Bitcoin is likely to move sideways...
DeFi tokens surge over 50% in November, TVL hits 2021 highs
25.11.2024
November’s gains have pushed DeFi’s total value locked back to levels last seen in 2021, reaching $118.4 billion on Nov. 25.
Can BTC Hit Six Digits? Exploring Bitcoin’s $100K Predictions With Kalshi and Polymarket Insights
25.11.2024
As bitcoin (BTC) trades under the $96,000 mark at 1 p.m. ET on Monday, prediction markets Kalshi and Polymarket reveal mixed expectations for the cryptocurrency’s potential to reach $100,000 within the coming months and throughout 2024. Analyzing $100K Betting Forecasts From Kalshi...
Market Eyes Ethereum as Bitcoin Consolidation Extends into December: QCP
25.11.2024
Cryptocurrency markets experienced a notable pullback with over $100 million in Bitcoin and Ethereum positions liquidated across exchanges,…
Bitcoin Buying Plans Are Supercharging Stocks. Is This a Michael Saylor Redux — or Another 'Long Island Iced Tea' Fad?
25.11.2024
Following MicroStrategy's successful bitcoin buying strategy, many companies, some microcaps and unrelated to crypto, started announcing similar steps.The strategy has led to significant short-term share price rallies for some of these companies, but according to market observers, the long-term...
New Record for Solana Decentralized Exchanges With Monthly Volume Surpassing $100 Billion
25.11.2024
Over $116 billion worth of decentralized exchange (dex) trades have been placed on the Solana network in November. Record Volume for Solana DEXs As of Nov. 25, Solana’s monthly trade volume on decentralized exchanges (dexs) surpassed $100 billion for the first time. The network’s...
ELF, SAND, GLM, and ENS Shine: Crypto Economy Hits $3.35 Trillion With 1.46% Daily Growth
25.11.2024
On Monday, the crypto economy nudged upward by 1.46% over the last 24 hours, reaching a hefty $3.35 trillion. While bitcoin (BTC) and ether (ETH) maintained their usual pace, a few standout digital assets stole the limelight. Among the frontrunners were ELF, SAND, GLM, ENS, and LDO, each carving...
Michael Saylor's MicroStrategy Makes Mammoth BTC Purchase, Adding 55,500 Tokens for $5.4B
25.11.2024
MicroStrategy bought 55,500 more bitcoin over the past week for $5.4B, bringing its total holding to 386,700 BTC. MicroStrategy recently entered the top 100 U.S. publicly traded companies by market cap, briefly surpassing $100 billion valuation. The Nasdaq 100 Index begins its annual reranking this...
Solana DEX volume hits record high: Is SOL price headed to $300?
25.11.2024
Solana’s monthly DEX volume surpasses $100 billion for the first time, fueled by high network activity and the memecoin frenzy
Crypto Gets Shock Video Dose as Users Stream 'NSFW' Content to Pump Their Memecoins
25.11.2024
Early 2000s-style internet shock videos are making the rounds on a popular crypto platform, with such content including extreme acts like individuals engaging in self-harm, animal cruelty, and explicit sexual content to attract attention and potentially increase token value.Despite the platform's...
Crypto Gets Shock Video Dose as Users Stream 'NSFW' Content to Pump Their Memecoins
25.11.2024
Early 2000s-style internet shock videos are making the rounds on a popular crypto platform, with such content including extreme acts like individuals engaging in self-harm, animal cruelty, and explicit sexual content to attract attention and potentially increase token value.Despite the platform's...
XRP, DOGE Lead Crypto Losses as Weekend Bitcoin Pullback Causes $500M Liquidations
25.11.2024
Bitcoin experienced a significant drop from $98,500 to $95,500 Sunday, triggering a broader market decline.The volatility led to over $500 million in futures liquidations, predominantly affecting smaller altcoins and midcap futures.Despite the pullback, market sentiment remains optimistic, with...
Bitcoin May Be More Vulnerable to Negative News Near $100K, Data Suggests
25.11.2024
BTC's order book shows executed bullish flow isn't being replenished, leaving sellers in a more dominant position, according to data tracked by FalconX. The overall market depth has weakened amid the price rally