XRP is struggling to rebound from its latest price correction after falling back toward its multi-year low of $0.98. Despite the continued weakness in the XRP price, activity in the cryptocurrencys derivatives market has surged, particularly on Binance. Data from crypto analytics platform CryptoQuant shows that XRP open interest on Binance increased by approximately 28.6% […]
Tag: XRP
By Samantha Diamo XRP’s Open Interest rate tags $2.75 billion, outgrowing Spot market values as bulls defend $1. Continue reading at DailyCoin. Source:: Ripple-Tied XRP Flows Hit Binance, Bulls Dig In At $1
By Wayne Jones XRP’s fight to hold $1 has come with a side effect: a swirl of derivatives numbers that do not agree with each other. Open interest figures, long-short ratios, and taker volume splits have all been circulating this week, and Bird, a builder on the XRP Ledger, spent a long post untangling why […]