XRP - Optimisus

Why BTFD Coin Is the Best New Meme Coin to Buy This Week After Dogwifhat’s ICO FOMO

Remember the Dogwifhat ICO? You know, the one that sold out in the blink of an eye? Yeah, that one. Everyone was…

Senator Ted Cruz plans to challenge IRS crypto tax rules

Texas Senator Ted Cruz is opposing new IRS crypto tax rules, which have been welcomed by the crypto community. He plans to…

James Wilson·2 years ago

Market News

Ripple CLO Stuart Alderoty denies claims that Trump criticized Ripple for donations to Kamala Harris

Ripple’s Chief Legal Officer, Stuart Alderoty, has refuted claims that President Donald Trump criticized Kamala Harris for receiving financial backing from Ripple…

Nola Robert·2 years ago

Press Releases

ApeX Protocol Unveils 2025 Roadmap With ApeX Trading Chain and 25M APEX Airdrop

ApeX Protocol, one of the leading decentralized exchanges, has announced its 2025 roadmap and new strategic vision. Highlights include the rollout of the…

Optimisus·2 years ago

Crypto News

Analysts and Ripple executives anticipate the approval of a spot-based XRP ETF

Analysts and Ripple executives anticipate the approval of a spot-based XRP ETF. Ripple has faced significant regulatory challenges, particularly in its legal…

Judith Faith·2 years ago

Crypto News

The US, Japan, and South Korea condemn North Korea’s $1.3 billion crypto theft in 2024

The United States, Japan, and South Korea have condemned North Korea’s cyberattacks, highlighting their threat to global security. They called for better…

Optimisus·2 years ago

XRP has experienced a significant rise of 9.89%, reaching $2.59, driven by recent adoption news. Currently, it is trading at $2.52, reflecting a 7.42% increase in the last 24 hours. This surge indicates growing interest in XRP, highlighted by increased trading volumes and emerging technical patterns. The market capitalization of XRP has climbed to $144.68 billion, also up by 7.42%. The trading volume in the past 24 hours has surged by 75.66%, reaching $8.89 billion, showing heightened trading activity. XRP's fully diluted valuation (FDV) is at $251.66 billion, with a market cap ratio of 6.1%. A significant number of short positions have been opened at $2.60, creating a critical liquidation zone. Market makers may target this level, which could lead to increased volatility. Traders are monitoring price movements closely around this threshold. XRP's chart presents mixed signals. Resistance is identified at $2.60, while immediate support is at $2.45. If XRP breaks above $2.60, it could rise towards $2.75. Conversely, if support fails, it may drop to $2.30. The Relative Strength Index (RSI) is at 67.13, approaching the overbought territory.

Crypto News

XRP is up by over 10% with a market cap of $145B

XRP has experienced a significant rise of 9.89%, reaching $2.59, driven by recent adoption news. Currently, it is trading at $2.52, reflecting…

Judith Faith·2 years ago

Crypto News

US charges 3 Russians for crypto money laundering

Three individuals, Roman Vitalyevich Ostapenko, Alexander Evgenievich Oleynik, and Anton Vyachlavovich Tarasov, have been indicted for running crypto mixing services Blender.io and…

James Wilson·2 years ago

Grayscale Investments, a prominent crypto asset manager, has rebalanced four key investment funds for 2025 following its Q4 2024 portfolio review. The funds affected are the Grayscale Decentralized AI Fund (AI Fund), Decentralized Finance Fund (DeFi Fund), Digital Large Cap Fund (GDLC Fund), and Smart Contract Platform Ex-Ethereum Fund (GSCPxE Fund). In the AI Fund, Grayscale sold some assets and introduced Livepeer (LPT) along with tokens like NEAR Protocol, Render, Bittensor, Filecoin, and The Graph. This aims to enhance the fund's exposure to decentralized AI technologies. For the DeFi Fund, Grayscale replaced Synthetix with Curve. The updated portfolio now includes Uniswap, Aave, Lido, MakerDAO, and Curve, with Uniswap being the largest at 47.88% and Curve at 6.71%. The GDLC Fund saw Avalanche replaced by Cardano. Its current holdings consist of Bitcoin, Ethereum, Solana, XRP, and Cardano, with Bitcoin making up 73.52% and Cardano only 1.44%. The GSCPxE Fund also underwent changes, adding SUI to its portfolio, which now includes Solana, Cardano, Avalanche, Sui, NEAR Protocol, and Polkadot. These rebalancing efforts are designed to align the funds with market trends and strategies. Grayscale noted that these funds do not generate income but distribute assets to cover expenses, leading to a gradual decrease in total holdings. The rebalancing occurs quarterly based on performance evaluations. In October 2024, Grayscale considered 35 altcoins for future inclusion in its products, continuously updating its strategies.

Crypto News

Grayscale Investments rebalances its crypto fund

Grayscale Investments, a prominent crypto asset manager, has rebalanced four key investment funds for 2025 following its Q4 2024 portfolio review. The…

Emma Davis·2 years ago

Crypto News

Bhutan to adopt Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) as reserves

The idea of digital asset strategic reserves is becoming popular. Vancouver’s Mayor has proposed making the city Bitcoin-friendly to protect reserves. Meanwhile,…

Mohammed Ali·2 years ago

Crypto News

Ripple president says XRP ETF could soon be a reality

An XRP exchange-traded fund (ETF) may soon be approved, according to Ripple President Monica Long in a recent Bloomberg interview. She expressed…

James Wilson·2 years ago

Crypto News

Ripple CEO Brad Garlinghouse calls the 119th US Congress the most pro-crypto in history

The 119th US Congress is being recognized as a pivotal moment for the crypto sector, with Ripple CEO Brad Garlinghouse expressing optimism…

Emma Davis·2 years ago