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Source: UToday News Agency
2 weeks ago
Cryptocurrency Medium Importance AI Analyzed
What's Wrong With Stablecoins? Ripple CTO Emeritus Schwartz Makes Surprising Admission

What's Wrong With Stablecoins? Ripple CTO Emeritus Schwartz Makes Surprising Admission

XRP Ledger's chief architect and Ripple CTO Emeritus David Schwartz has acknowledged that developers made a fundamental mistake at the dawn of the crypto industry. They misjudged how the world would use the digital dollar.

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Source: UToday
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Source: Crypto Briefing News Agency
2 weeks ago
Cryptocurrency Medium Importance AI Analyzed
Institutional lending gains traction on XRP Ledger with RLUSD loans

Institutional lending gains traction on XRP Ledger with RLUSD loans

Institutional lending on XRPL could boost Ripple's ecosystem, potentially enhancing XRP's market position and attracting more institutional users. Institutional lending gains traction on XRP Ledger with RLUSD loans.

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Source: Crypto Briefing
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Source: Benzinga News Agency
2 weeks ago
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Ark Invest Cashes Out $40 Million From Bitcoin ETF Even as BTC Pops 23% Over a Month

Ark Invest dumped a significant number of shares of ARK 21Shares Bitcoin ETF (BATS:ARKB) on Monday after the ETF's impressive run over the month. Bitcoin ETF Sold Off Ark Invest, founded by veteran investor Cathie Wood, sold 466,133 shares of ARKB through its ARK Next Generation Internet ETF (BATS: ARKW) and 1.06 million shares through ARK Blockchain & Fintech Innovation ETF (BATS:ARKF).

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Source: Benzinga
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Source: Invezz News Agency
2 weeks ago
Cryptocurrency Medium Importance AI Analyzed

XRP jumps 6% as traders turn bullish, but overheating signals are flashing

Ripple (XRP) extended its gains on Tuesday after rallying more than 6% during the previous session. Improving long-to-short ratios and positive funding rates indicate that derivatives traders are increasingly positioned for further price gains. However, data from CryptoQuant presents a more cautious picture, showing overheating conditions and sell-side pressure in parts of the futures market. XRP derivatives traders turn bullish CoinGlass data shows that long positions currently outnumber shorts for both cryptocurrencies. XRP's long-to-short ratio stood at 1.15 on Tuesday. A reading above 1 indicates that more traders are betting on price increases than declines. Funding rates also support the bullish outlook. XRP's funding rate turned positive on Monday and reached 0.0079% on Tuesday.

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Source: Invezz
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Source: Blockonomi News Agency
2 weeks ago
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Dogecoin (DOGE) Whales Accumulate 240M Tokens as Technical Buy Signal Emerges

Dogecoin (DOGE) Whales Accumulate 240M Tokens as Technical Buy Signal Emerges

The popular meme cryptocurrency is currently changing hands near $0.0848 following a successful defense of critical support between $0.080 and $0.082. Price action has tested the lower boundary of an ascending channel pattern on two occasions, with technical analysts identifying $0.093 as the subsequent overhead resistance zone.

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Source: Blockonomi
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