Key takeaways: XRP open interest has dropped 30%, signaling cooling futures activity. A fair value gap at $2.33–$2.65 is a key demand zone if selling pressure persists. Elevated whale inflows hint at profit-taking, but XRP’s long-term uptrend toward $5 in 2025 remains intact. XRP (XRP) futures open interest (OI) has decreased by 30% over the…
Nasdaq-listed solar power company VivoPower International PLC saw its shares jump 32.12% to $5.10 on Friday after the company announced plans to purchase $100 million worth of privately held Ripple Labs shares, expanding its XRP-focused digital asset treasury strategy. The move, which follows two months of due diligence, will see VivoPower acquire Ripple shares directly…
Top Stories of The Week Australian fintech Finder wins court battle over crypto yield product The Australian Federal Court ruled in favor of fintech company Finder.com, clearing it and its yield-generating product, Finder Earn, in a legal battle with the Australian Securities and Investments Commission (ASIC) that lasted almost three years. In a Thursday court…
Key points: Bitcoin fell below the $100,000 support on Sunday, but a rebound could depend on how US stock futures open. Bitcoin’s weakness has pulled ETH, XRP, SOL, and HYPE below their respective support levels. Bitcoin (BTC) nosedived below the psychological $100,000 support on Sunday as traders digested the US strike on Iran’s nuclear facilities….
Key takeaway: XRP (XRP) recouped losses made between Wednesday and Friday and hovered around $2.26, up 9.7% from its local low of $2.06. Analysts said the altcoin may rally into double-digits amid increasing optimism of a possible spot XRP ETF approval in 2025. Approval odds for an XRP ETF jump to 98% The likelihood of…
Key points: Bitcoin’s rally is backed by solid institutional buying in the spot BTC ETFs. A rally above the $95,000 level could be difficult, but analysts’ end-of-year price projections now extend to $200,000. Select altcoins are showing signs of a price bottom. Bitcoin (BTC) price rallied close to the $95,000 resistance level on April 23…
The US Dollar Index (DXY) plunged below the 98 level on April 21, falling to a three-year low. That catapulted gold to a new all-time high, and Bitcoin (BTC) also showed strength, rising above $88,000. BitMEX co-founder and Maelstrom chief investment officer Arthur Hayes believes it may be the “last chance” to buy Bitcoin below…
Hong Kong-based crypto investment firm HashKey Capital announced the launch of an XRP fund, with plans to convert it into an exchange-traded fund (ETF) in the future. According to an April 18 announcement, the fund, officially titled the HashKey XRP Tracker Fund, is reportedly “the first investment fund in Asia designed to track the performance…
XRP (XRP) has dropped nearly 30% since hitting a seven-year high of $3.39 in January. Still, bullish news—like Ripple’s potential resolution in the SEC lawsuit and a new license in Dubai—has fueled a rebound. As of March 24, XRP was trading for as high as $2.47, up 38% from its year-to-date low of $1.79. XRP/USD…