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Summary ⚈ XRP short positions hit a 1-month high amid rising recession concerns and bearish sentiment. ⚈ U.S. GDP shrank 0.3% in Q1 2025, missing expectations and fueling market fears. ⚈ Token unlock and ETF delay add to XRP’s downward pressure and investor uncertainty. The ratio of long and short XRP futures positions has reached a 1-month low of 0.8622 on April 30, according to the latest data retrieved by Finbold from crypto intelligence platform CoinGlass . In other words, XRP shorts are at a 1-month high, with 53.7% of positions opened within the last 24 hours being short sales. XRP long-short ratio chart. Source: CoinGlass Moreover, the increase in bearish bets is not a reaction to an overextended move to the upside. On the contrary, XRP has marked a 5.30% decline in price over the past 24 hours, and was last trading at $2.16 at press time on April 30. XRP price 1-day chart. Source: Finbold XRP shorts surge following GDP miss, token unlock, and ...

The founders of now-collapsed Lithuanian crypto project Bankera (BNK) used funds from its much-hyped initial coin offering (ICO) to buy up luxury real estate, including a villa on the French Riviera and high-end property in Lithuania, leaving unlucky investors a collective €100 million ($113.7 million) out of pocket. This is according to a joint investigation by the Organized Crime and Corruption Reporting Project (OCCRP) and Lithuanian outlet 15min. Bankera’s founders Vytautas Karalevičius, Justas Dobiliauskas, and Mantas Mockevičius raised the funds from more than 100,000 investors during the 2017 ICO, promising to create “a bank for the blockchain era.” However, according to the OCCRP, instead of building the promised blockchain-powered bank, the founders appear to have funneled millions into an extensive real estate portfolio via a web of companies and a privately owned Pacific island bank . The ICO proceeds, originally meant to develop cryptocurrency infrastr...

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

In what is one of the most optimistic outlooks for the leading cryptocurrency, Ark Invest projects that Bitcoin can reach a $2.4 million price by the year 2030. Indeed, the company’s aggressive modeling has placed the major target for the cryptocurrency to reach over the course of the next five years. The asset has certainly struggled since the start of 2025 but was surging before the calendar turned. Specifically, the token reached a six-figure price for the very first time in late 2024, with sentiment reaching an all-time high. Moreover, with favorable regulation on the horizon, that should just be the start for Bitcoin. Source: Proactive Investors Also Read: ARK Invest Bitcoin Purchase: Cathie Wood Bets Big on Crypto With $80M Buy Ark Invests Projects Bitcoin to Reach New Heights In the Next Five Years It has been a rather interesting year for Bitcoin so far. Although the price had struggled mightily in the first three months, things are starting to turn around. With BlackRock ...

Ripple (XRP) is one of the most promising cryptocurrencies to exist in the market. The token is currently one of the leading tokens to have established its expertise in the market and continues to be a lucrative crypto ecosystem to be part of. The token is also part of a larger XRP ETF narrative, which is bound to deliver stability to the token, helping it climb new price markers, including surging beyond the $10 mark, per many analysts. Once it claims the aforementioned price mark, here are some lucrative ways one can enjoy life when XRP hits $10. Also Read: How 2 Brothers Hit $9 Million With Shiba Inu: Throwback Thursday XRP $10 Path: Theory Behind It Source: Coinpedia Per Egrag Crypto, a notable cryptocurrency analyst, XRP is currently on a path to surge and claim higher price spots. The expert has claimed that the token is already aiming for the $5 and $6 price mark and is heading towards claiming even higher price spots, preferably exploring the price arenas beyond the $10 mark. “...

Summary ⚈ XRP network activity surged 67.50% as price climbed from $1.97 to $2.26 ⚈ Tightened Bollinger Bands suggest incoming volatility; supply unlock may limit upside ⚈ Upcoming SEC meeting could offer clarity on Ripple case and boost investor sentiment XRP’s network activity, a measure of unique wallet addresses involved in successful transactions, saw a sharp increase from April 11 to April 20. Namely, the metric marked a 67.50% surge in the aforementioned timeframe, per data from cryptocurrency market intelligence platform GlassNode shared by technical analyst Ali Martinez. $XRP network activity jumped 67.50%, with active addresses rising from 27,352 to 40,366! pic.twitter.com/fDiERMIYiz — Ali (@ali_charts) April 21, 2025 In the specified period, the price of XRP shot up by 6.09%, from $1.97 to $2.09. By press time on April 23, the token was trading at $2.26, having made an additional 8.13% move to the upside, with year-to-date (YTD) returns s...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

The number of addresses holding more than 1,000 Bitcoin surged to a four-month high in April, according to data from on-chain intelligence platform Glassnode. The number of wallets holding over 1,000 BTC has risen from 2,037 in late February to a high of 2,107 on April 15, data from Glassnode shows . Number Of Bitcoin Wallets Holding Over 1,000 BTC Reaches US Election Levels Following the uptick in April, the number of new wallets holding over 1,000 BTC has returned to levels not seen since November and December last year, when the crypto markets were surging off of Trump’s US election win. The metric is still down from its all-time high (ATH) of just under 2,500, which was reached in February 2021. Similarly, there has also been an increase in the number of wallets holding over 100 BTC. Glassnode data shows the number of these wallets reached 18,026 on April 20. However, the number of holders with less than 10 Bitcoins has seen a decline in recent months. Pseudonymous cryp...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...