
Millions Worth of XRP Shorts Get Liquidated as Price Surges to $1.4
XRP has staged a sharp rally, pushing above the $1.40 level and wiping out millions of dollars worth of bearish positions in the process.
Follow the latest financial and economic news, market updates, reports, and analysis on PipVero.

XRP has staged a sharp rally, pushing above the $1.40 level and wiping out millions of dollars worth of bearish positions in the process.

Gilt yields fell as active auctions paused, yet the Bank's full portfolio unwind keeps a slow-burn rates risk alive.

The price of Bitcoin rebounded upward, driven back above the $80,000 barrier, marking its highest level in over ten days. Data from CoinGlass reveals that this rapid movement caused the liquidation of over $180 million in leveraged short positions within hours, concentrating the bulk of losses on contracts tied to BTC and Ethereum.
Bitcoin is back above $80,000, for the first time since September 7. Whether you buy more, hold or take profits depends less on the daily price than on three things you can check yourself: your holding period, the way you buy, and where your coins are kept.

Bitcoin reclaimed $80,000 for the first time since early September as spot BTC ETF flows turned positive, adding momentum to a broader risk-on rally. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $80,943.63 Ethereum (CRYPTO: ETH) $2,617.20 Solana (CRYPTO: SOL) $112.48 XRP (CRYPTO: XRP) $1.39 Dogecoin (CRYPTO: DOGE) $0.08751 Shiba Inu (CRYPTO: SHIB) $0.055469 Notable Statistics: Coinglass data shows 111,660 traders were liquidated in the past 24 hours for $547.80 million.

With the SEC's move to exempt tokenized stock trading, Paul Barron believes that Solana will surge in value, driven by the growth of tokenization.

One of the key challenges facing BTC users is Bitcoin's DeFi idle liquidity. The good news is that Cardano is preparing to tackle this problem with its dedicated platform, Pogun.

Bitcoin traded back above $77,000 on Thursday, absorbing two central bank rate hikes in three days without breaking its range. The Federal Reserve raised its benchmark rate on Wednesday, and the Bank of Japan followed a day later with a move to 1.25 percent, the highest Japanese rates have been since 1995.

Strive's aggressive Bitcoin acquisition strategy highlights a growing trend of corporations leveraging alternative financing to bolster digital asset reserves. Strive acquires 469 Bitcoin worth $36.6M through preferred stock trades, pushing holdings to 25,000 BTC.

The yen weakened after the decision, leaving immediate unwind pressure limited as higher funding costs move toward implementation.

A group of JPMorgan analysts said Bitcoin could benefit more than Gold if hedging demand for exchange-traded products continues to rise, Walter Bloomberg reports.
Ethereum (CRYPTO: ETH) gained to reclaim $2,600 on Friday as network transaction costs fall sharply from their 2026 peak. Trader eyes the next potential breakout.

Bitcoin's next major move may already be taking shape, with a popular crypto analyst pointing to a classic bullish chart pattern.
Bitcoin (CRYPTO: BTC) faces a potential long-term threat from quantum computing, but the developer community already recognizes the risk and has potential solutions, according to VanEck digital assets research head Matthew Sigel. Can Bitcoin Beat Quantum Risk?
XRP climbs a good 7 percent within 24 hours to $1.39, three days after the US Senate stopped the CLARITY Act. What the new CFTC rule filing means, what it does not deliver, and what you should check before your next purchase or sale.