Select Page

Author: Oluwapelumi Adejumo

XRP leverage collapses 78%, but $1.4B in ETF money still won’t leave because of Ripple’s expanding footprint

XRP’s price performance is stripping out fast-money participation while leaving behind a more durable class of holders. According to CryptoSlate’s data, XRP is trading at $1.37 as of press time, down 55% within the last six months. This comes as data from CoinGlass shows XRP’s open interest has fallen to about $2.40 billion from a

Read More

US Strategic Bitcoin Reserve could lose 30% in one ruling as Bitfinex battle intensifies

The US Strategic Bitcoin Reserve could lose nearly 30% of its holdings in a single legal move, even if the government does not sell a single coin. Last year, President Donald Trump signed an executive order creating a Strategic Bitcoin Reserve. The order directed the Treasury Department to consolidate government-held BTC into a reserve account

Read More

New Cardano deal opens a path to $80 billion in omnichain assets, but liquidity still isn’t guaranteed

Cardano is aggressively expanding the types of tokens that can operate on its network and raise the ceiling for its decentralized finance ecosystem over the next 12 to 18 months. On Feb. 12, the Charles Hoskinson-led blockchain announced it would integrate with LayerZero, a widely used cross-chain messaging system…

Read More