The surge in XRP options activity is undoubtedly a bullish signal for the cryptocurrency.
The current wave of liquidations has sent shockwaves through the entire crypto community, with many traders reassessing their risk management strategies.
Further downward pressure on specific tokens is expected in the coming week due to scheduled token unlocks, with over $120 million worth of tokens set to be released.
In the hours following the announcement, the market reacted swiftly. CVP saw its value plunge by 25%, dropping from $0.31 to $0.23 in less than two hours.
VCs believe that there’s a growing fatigue in infrastructure investment and thus they are putting greater focus on opportunities in crypto applications.
Despite the current bearish trend, some analysts maintain a bullish outlook for Cardano’s future.
L2s like Arbitrum and Taiko saw an additional 97 million combined transactions over the last 30 days.
The collaboration was described as a strategic partnership between BitGo, the Tron ecosystem, and Justin Sun
In their letters, Dragonfly and Crypto.com argued that prediction markets play a vital role in providing valuable insights and fostering a more informed and engaged public.
The support from Winklevoss comes at a time when the regulatory environment of the United States is rapidly unfolding.
Harris’s team has started reaching out to the crypto leaders, signaling a potential shift in her campaign’s focus toward the sector.
Recent developments in the SEC vs. Ripple case could also influence XRP’s price.
HMSTR total supply is capped at a specific number to ensure scarcity and value appreciation. When the TGE finally goes live, the project’s developers said 60% of its token airdrop will be dedicated to players.
Topics discussed also include the transitioning from the Mplex protocol to the new yamux multiplexer to debating whether or not to include EIP 7688 in the Pectra upgrade, among many other things.
This change is expected to make transactions smoother for developers and users, potentially attracting more activity to the Terra Luna Classic network.