By Afe Funbi Key highlights: XRP price is trading around $2.94, testing the $2.90–$3.00 support zone after July’s rally to $3.50–$3.60. On-chain data shows declining active addresses and transfer volume, signaling short-term cooling in market activity. A bounce from $3.00 could spark a move to $3.30–$3.50, while a breakdown may expose $2.70 and $2.45. XRP […]
Tag: XRP
By Emir Abyazov Key highlights: Public companies hold over $100B in digital assets, with Strategy (MSTR) leading at $71.8B and $28B in gains. Shares often trade at high NAV premiums; Metaplanet at 179%, Strategy at 58%, reflecting investor demand. The model depends on NAV premiums and liquidity; losing these could cause buybacks and market stress. […]
By Jordan Lyanchev Another important, volatile, and eventful week passed by. It had traders and investors looking out for the latest Federal Reserve meeting, which took place a few days ago. But before it, bitcoin’s price had recovered from last week’s plunge below $115,000 on Friday and had returned to its familiar trading range between […]