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The burned tokens are now permanently destroyed, which makes circulating tokens more valuable if demand increases.
Open interest on XRP-based futures contracts crossed the $1.1 billion mark in the past 24 hours.
The balance held in wallets tied to centralized exchange has surged by 50% in three days, per Glassnode data.
Ether posted nominal gains in the past 24 hours alongside the broader market.
ProShares’ Bitcoin Strategy ETF (BITO) has hit an all-time high bitcoin equivalent exposure of 4,425 BTC.
Stride's native token STRD trades 0.7% higher as the transition is expected to beef up the liquid staking protocol's security by several thousand percent.
PLUS: Last week's partial court victory for Ripple last week buoyed Coinbase's share price by clarifying a nettlesome regulatory issue. The company still needs to recapture trading volume but seems headed for better times, an analyst says.
Crypto index funds potentially adding XRP to their holdings could mean additional buying pressure for the token, one analyst said.
Today’s downside breach below the current low point of Bollinger Band bears watching for even weaker prices in the near future.
Thursday's rally to a new 13-month high of $31,800 has now more than been fully nullified.
- 14:59ProShares Bitcoin Strategy ETF rises by 1.9%Data shows that ProShares Bitcoin Strategy ETF has risen by 1.9%, and iShares Bitcoin Trust Fund has also increased by 1.9%.
- 14:53A new address withdrew a WIF worth 2.03 million US dollars from CEX an hour agoAccording to on-chain analyst @ai_9684xtpa, a new address BV4co...rQSxM withdrew $2.03 million worth of WIF from CEX an hour ago at a cost price of $3.3.In the past two weeks, it has built positions worth $2.66 million in POPCAT and $2.03 million in WIF, currently making a floating profit of $238,000.
- 14:45First Digital introduces its stablecoin FDUSD as a native token in SuiAccording to official news, First Digital Labs has announced that the native FDUSD stablecoin is now live on the Sui blockchain, enhancing the multi-chain compatibility of FDUSD. With the speed and efficiency of Sui, the native usability of FDUSD will drive more innovative applications in payment and data transmission fields.
