XRP News
XRP Futures Notch Open Interest Record High for 2023: CoinGlass
Open interest on XRP-tracked futures climbed over $1.1 billion dollars in the last 24 hours and set a record high for the year, according to CoinGlass data. Higher open interest is a sign of increased bets on an asset and suggests an inflow of new money into a financial market. CoinDesk's Jennifer Sanasie presents "The Chart of The Day."
XRP Futures Set Open Interest Record High for 2023
Open interest on XRP-based futures contracts crossed the $1.1 billion mark in the past 24 hours.
XRP’s 60% Weekly Gain Defies Broader Crypto Slump as Bitcoin Stalls Below $30K
Crypto index funds potentially adding XRP to their holdings could mean additional buying pressure for the token, one analyst said.
Coinbase Looks Like the 'Only Adult Left in the Room': Analyst
John Todaro, senior research analyst at Needham & Company, discusses why a court ruling that Ripple’s XRP token should not be considered a security if sold via an exchange or through programmatic sales is actually a positive for Coinbase. Todaro also explains why Coinbase "looks like really the only adult left in the room in crypto, so to speak, at the exchange level" and why Coinbase is the "de facto large remaining player."
Bitcoin Dips Below $30K to Lowest Since Late June as Altcoins Pare Gains From XRP Lawsuit
Ripple's XRP, Solana's SOL and Lido Finance's LDO lost more than 4% in the last 24 hours.
SEC's Gensler 'Disappointed' by Part of Ripple's XRP Judgement, Still Assessing Opinion
Ripple scored a partial victory in its fight with the SEC last week with a court ruling that institutional sales of the tokens violated federal securities laws, but sales on exchanges and programmatic sales did not.
Barclays Joins Wall Street Analysts Calling XRP Ruling Positive for Coinbase
Wall Street banks including J.P. Morgan also saw the ruling as a positive outcome for the crypto exchange.
Could the Ripple Ruling Spell the End of Regulation by Enforcement?
A long-awaited district judge’s ruling that some XRP token sales were not investment contracts will likely eventually lead to a bipartisan regulatory framework that is more favorable to the pro-crypto crowd in Congress, writes John Rizzo.
XRP Rallies 50% in Last Week After Ripple's Partial Win; Binance Reportedly Cuts Workforce
“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest crypto stories, including a new report from the Wall Street Journal that the global crypto exchange Binance has laid off over 1,000 employees in recent weeks. Bail for Alex Mashinsky, the former CEO of Celsius, has been set at $40 million dollars after he was arrested. And, a slew of crypto exchanges start listing XRP for trading.
