XRP (XRP) has followed the broader cryptocurrency market trend with a sharp sell-off, but the altcoin still retains most of the 300% gains it accumulated at the end of 2024. On the 7th and January 9th, we are eyeing a possible breakout above the key resistance between $2.50 and $2.60 as it continues to consolidate near the downtrend line.XRP 1 week chart. Source: Cointelegraph/TradingViewXRP price is positioned in a key decision-making area.While major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) have reached previous lows in the past 24 hours, Fighted to maintain. This is because it surpassed…
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Key Takeaways Raydium launches perpetual futures beta with 70+ trading pairs, up to 40x leverage, and low fees via Orderly Network. Perpetual asset trading volume on DEX exceeds $650 billion, and Raydium joins the lucrative on-chain derivatives market. Share this article Raydium, the third largest DeFi protocol on Solana, has launched a public beta for perpetual futures trading on the Orderly Network. The platform offers gas-free trading and access to over 70 trading pairs with up to 40x leverage, with maker fees of 0% and taker fees of 0.025% during the beta period.With a total value of $2.2 billion, Raydium…
When choosing hardware wallets, many crypto users base their decisions on day-to-day asset management needs and perceived device security. However, savvy crypto users first consider a wallet’s ability to handle long-term security scenarios. Long-term security includes expected essentials like backup and recovery tools, and also often-overlooked features related to secure and fault-proof third-party recovery. You can think of third-party recovery as your ability to allow crypto assets to be inherited by successors. Successful crypto users require a comprehensive security strategy for the full life cycle of crypto assets. This article will help you achieve that. Let’s jump into helping you…
Former Vice President of Bank of China: Bitcoin will harm dollar hegemony Wang Yongli, former deputy governor of the Bank of China, has criticized US President-elect Donald Trump’s proposal for Bitcoin reserves, arguing it conflicts with Trump’s goal of maintaining the dollar’s global dominance. “Bitcoin’s decentralized nature does not provide an advantage in strengthening the dollar’s global position. On the contrary, excessive deregulation and impeding the development of the digital dollar could harm the dollar’s international standing,” Wang wrote in an op-ed published in a Chinese state-run financial magazine. Trump’s Bitcoin dreams contradict his goals for the dollar, a former…
Investos360.com has emerged as a leading platform for forex trading, providing comprehensive tools, educational resources and expert market analysis for traders of all levels. Whether you are new to Forex trading or an experienced trader, Investos360.com provides the infrastructure and insights you need to effectively navigate the markets.What is Investos360.com?investos360.com It’s more than just a trading platform. It is a complete ecosystem designed to support traders throughout their forex journey. Combining cutting-edge technology with reliable market data and extensive educational content, the platform helps users trade with confidence. Transparency, security and user support form the backbone of Investos360.com.Key features of…
XRP (XRP) has followed the broader cryptocurrency market trend with a sharp sell-off, but the altcoin still retains most of the 300% gains it accumulated at the end of 2024. On the 7th and January 9th, we are eyeing a possible break above the key resistance between $2.50 and $2.60 as it continues to consolidate near the downtrend line.XRP 1 week chart. Source: Cointelegraph/TradingViewXRP price is positioned in a key decision-making area.While major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) have reached previous lows in the past 24 hours, Fighted to maintain. This is because it surpassed…
Ripple Chairman Monica Long believes that 2025 will be another big year for digital assets as additional cryptocurrency exchange-traded funds (ETFs) are approved. In a new interview with Bloomberg Crypto, Long predicted that “a variety of cryptocurrency spot ETFs” will receive approval in the U.S. this year. The Ripple chairman also said that payments-focused altcoin XRP is “likely to be next in line” in terms of ETF approval. Several ETF providers, including Bitwise Asset Management, 21Shares, Canary Capital, and WisdomTree, filed Form S-1 registration statements for their XRP ETF with the Securities and Exchange Commission (SEC) last year. The SEC…
According to a Thursday announcement, Sol Strategies (ticker: CYFRF, HODL.CN) is raising C$27.5 million (about $19 million) through debt financing to purchase more SOL tokens and further invest in Solana staking infrastructure. there is. This is the second multi-million dollar investment strategy the company has announced this week. In particular, the Toronto-based company, formerly known as Cypherpunk Holdings, raised funds through a private sale of “unsecured convertible debt units,” a type of long-term debt instrument that can be converted into company equity, to ParaFi Capital. We are procuring.Sol Strategies’ CD consists of one debenture with a principal amount of C$1,000…
LINK tested the demand zone again. If it breaks above $23.92, it could rise to $32. Network growth and exchange outflows mean accumulation. Chainlink (LINK) It’s gaining a lot of attention as it retests the descending trendline and demand zone, setting the stage for a potential breakout. At press time, LINK was trading at $19.84, with a daily decline of 4.39%. Despite the decline, both crowd sentiment and smart money sentiment remained strong, offering hope for a recovery. LINK Price Action: Can a Key Level Be Overcome? Current price action suggests that LINK is at a crossroads. After testing the…
Compound Finance is adding Ethena’s stablecoin and Mantle’s liquid staking token (LST) to its decentralized lending and borrowing platform, Mantle told Cointelegraph. On January 8, Compound’s token holders voted to add the stablecoin USDe and Mantle’s LST, mETH, as lending collateral to the decentralized finance (DeFi) protocol. This integration is the latest example of accelerated adoption of Ethena’s popular yielding stablecoin and Ether (ETH) LST. According to DefiLlama, Compound is one of the most popular DeFi lending protocols on the Ethereum network, with total total value locked (TVL) of over $2.7 billion.“Discussions are ongoing to introduce and integrate cmETH into…