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XRP price risks drop to $1.10 as supply in profit drops to 17-month lows

XRP's price is at risk of falling to $1.10 as the percentage of its supply in profit has decreased to a 17-month low. This decline in profitability among holders suggests potential selling pressure, which could further impact the price negatively. Market analysts are closely monitoring these trends, as a continued drop in profit could lead to increased volatility. The current market sentiment around XRP remains cautious amid these developments.

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CME Set to Launch Avalanche, Sui Futures Ahead of 24/7 Crypto Derivatives Trading Shift

CME Group is set to launch futures contracts for Avalanche (AVAX) and Sui, expanding its offerings in the cryptocurrency derivatives market. This move comes as part of CME's strategy to transition to 24/7 trading for crypto derivatives, enhancing accessibility for traders. The new futures contracts are expected

Americans’ losses to crypto scams rose to over $11 billion last year, FBI reports

In 2022, Americans lost over $11 billion to cryptocurrency scams, according to an FBI report. This figure represents a significant increase in losses compared to previous years, highlighting the growing prevalence of crypto-related fraud. The report indicates that scams often involve fake investment opportunities and phishing schemes targeting unsuspecting investors.

XRP ETFs Outpace Bitcoin as Crypto Funds Bounce Back After Down Week

XRP exchange-traded funds (ETFs) have seen significant growth, surpassing Bitcoin ETFs as crypto funds recover from a recent downturn. The surge in XRP ETF interest is attributed to positive market sentiment and renewed investor confidence in the cryptocurrency sector. This rebound follows a challenging week for digital assets, where many

DeFi yields are crashing so hard that they can't compete with a traditional savings account

DeFi yields have plummeted significantly, making them less attractive compared to traditional savings accounts. Many decentralized finance platforms are now offering returns that fall below the interest rates provided by conventional banks. This decline in yields is attributed to various factors, including market volatility and reduced demand for borrowing. As

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CME Set to Launch Avalanche, Sui Futures Ahead of 24/7 Crypto Derivatives Trading Shift

Americans’ losses to crypto scams rose to over $11 billion last year, FBI reports

XRP ETFs Outpace Bitcoin as Crypto Funds Bounce Back After Down Week

DeFi yields are crashing so hard that they can't compete with a traditional savings account