Fast And Furious: XRP’s Next Rally Predicted To Shock Markets
According to social posts and on-chain trackers, XRP appears poised for a sharp move that could leave little time for slow decisions. Trader Altcoin Gordon cautioned that XRP’s upcoming move might unfold quickly and with force, telling traders to be ready before it takes off. Related Reading: Bitcoin Buyers Step Back After Failed Push Beyond $115,000: Data Price has been stuck below $3 for weeks, and September produced no clear upward momentum, leaving traders on edge as regulators and markets add to uncertainty. Trader Warning Spurs Urgency Short-term charts show XRP compressing after a....
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According to on-chain metrics, BNB climbed to a record high of $1,111 and traded around $1,110 after an 8% jump in the past 24 hours. Related Reading: Fast And Furious: XRP’s Next Rally Predicted To Shock Markets Data shows nearly $400 million in positions were liquidated across the BNB market in the last day, with close to $270 million of that coming from short positions and $127 million from long positions. Liquidations And Short Squeeze The heavy liquidation figure points to a sharp and fast move that forced leveraged traders out of the market. Short sellers bore the brunt, which helps....
Bitcoin edged higher today, breaching the key $119,000 mark, after a string of steady sessions, lifting prices above recent ranges and drawing fresh attention from big investors. Related Reading: Fast And Furious: XRP’s Next Rally Predicted To Shock Markets According to Coinglass data, BTC rose about 2.50% in the last 24 hours, and is up 8% over the last seven days. Trading activity and inflows are being watched closely as traders size up the next move. Institutional Flows Drive Momentum Data shows the top crypto asset registered a second straight day of strong inflows, putting $430....
Spacecoin says it has relayed a blockchain transaction entirely through space, moving data from one ground point to another without using terrestrial internet links. According to reports, the test aimed to show that cryptographic transactions can be sent via satellite radio and still be validated at the other end. Related Reading: Fast And Furious: XRP’s Next Rally Predicted To Shock Markets End-To-End Transaction Via Satellite Reports have disclosed that the transmission began in Punta Arenas, Chile, was uplinked over S-band radio to a nanosatellite called CTC-0, and then downlinked to a....
It's the largest quarterly net loss for the crypto company since listing on the Nasdaq Stock Exchange in April 2021. Crypto exchange giant Coinbase has cited a "fast and furious" downturn of the crypto markets as the reasons behind a staggering $1.1 billion net loss in the second quarter of 2022, which also saw trading volume and transaction revenue tumbling. It's the second consecutive quarter of loss for the crypto company and the largest loss since its listing on the Nasdaq Stock Exchange (Nasdaq) in April 2021. The results, which also missed analyst expectations, were shared in a Q2....
A crypto pundit has highlighted how the XRP circulating supply is becoming increasingly scarce. With large chunks of tokens locked in various channels and restricted from active circulation, the analyst argues that the market may be preparing for a serious supply shock. Analyst Claims XRP‘s Supply Is Running Thin A crypto market expert, identified as […]