XRP Derivatives Boost Liquidity as Ripple Advances Regulatory Approvals

The XRP market is changing as derivatives play a vital role in increasing liquidity and drawing institutional investors to the ecosystem. Tools like futures and options are improving market depth and helping stabilize prices while allowing traders to manage risks effectively. Ripple is also advancing its efforts to secure regulatory approval for RLUSD, demonstrating its commitment to building trust and transparency.

#2024WithBinance MicroStrategy's Bitcoin buys clock $17B profit

MicroStrategy’s (MSTR) Bitcoin (BTC) buying spree has earned more than $17 billion in unrealized profits, according to data from MSTR Tracker.
Originally a software company, MicroStrategy has bought upward of $23 billion worth of BTC since 2020 as part of founder Michael Saylor’s unconventional corporate treasury strategy, according to MSTR Tracker, a Microstrategy database.

Those buys paid off. On Dec. 4, the price of BTC surpassed $100,000 per coin for the first time in history, and MicroStrategy’s BTC treasury is now worth more than $40 billion, the data shows.

Question for experts.
At what percentage of ROI do you average positions and in what ratio? Do you change TP/SL in this case? I would appreciate any answer and advice.

#AltcoinMomentum Price Prediction #XRP: Analyst Predicts a 830% Rise for This Popular Altcoin!

Renowned analyst Egrag shared a bold price prediction for XRP, sparking optimism among investors. According to Egrag, if XRP successfully holds above the critical level of $1.10, the altcoin could reach an ambitious price of $13 in the near future. After many years of trading below $1, XRP has recently overcome this psychological barrier, triggering a wave of excitement in the cryptocurrency market. Here’s a closer look at the analyst’s ideas and forecasts.

The Significance of $1.10 for XRP
Egrag emphasizes that $1.10 is not just a milestone, but a potential catalyst for higher price movements. Using logarithmic metrics, he predicts that XRP could rise to $13. Alternatively, linear metrics suggest a target of $6.40. Despite different methodologies, both scenarios highlight the importance of the $1.10 mark as a launching pad for XRP's price action.

$ETH
Vitalik Buterin donated 320 ETH to the human rights organization Coin Center.
Vitalik Buterin donated 320 ETH to the human rights organization Coin Center

According to SpotOnChain, initially Buterin sold four meme coins: 330 billion LEDOG for 10.96 ETH, 3.03 trillion DOGC for 10.8 ETH, 19.95 million #99 for 1.58 ETH, and 300 million VITALIK for 1.14 ETH. The total amount of ETH raised was 24.5 coins worth $81,800. After selling the meme coins, Buterin donated 320 ETH to Coin Center worth $1.07 million.

Buterin's actions sparked vigorous discussions among crypto enthusiasts. Some fear that Coin Center may sell the received coins to fund its initiatives, thereby putting pressure on the market. Others are confident that this will, on the contrary, draw attention to Ethereum, creating a surge in trading activity.

Buterin's donation did not negatively impact the ETH exchange rate. On the contrary, investors maintain an optimistic mood, as the coin has surpassed the $3,600 mark. The current market capitalization of Ethereum is $434.7 billion.

In October, Vitalik Buterin sold 10 billion MOODENG tokens for 308.69 ETH. Of these, 260 ETH were donated to the biotechnology charity platform Kanro to combat diseases.

Uniswap’s monthly volume surged up to $38 billion across a number of Ethereum layer-2 platforms, surpassing its previous highest volume in March.

For the first time in crypto history, Uniswap(UNI) has reached a monthly volume of $38 billion in November 2024, according to data from Dune analytics. This month’s volume breaks the previous record of $34 billion in March 2024.

The decentralized exchange accumulated $38 billion in volume across major Ethereum(ETH) layer-2 platforms like Base, Arbitrum, Polygon. Compared to the previous month, Uniswap’s monthly volume soared by nearly 50% from $20.32 billion in October 2024.
#ETH #UNI