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Bitcoin Rebound Faces Risk as Futures Demand Outpaces Spot Buying: Analysts

Bitcoin’s bounce off Tuesday’s low near $63,200 is coming mostly from leveraged futures positioning, not real spot buying, according to CryptoQuant data cited by the analytics account XWIN Japan. That’s…

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Ripple’s (XRP) Summer Slump Isn’t Stopping Large Wallets From Growing

XRP’s price has remained under pressure, alongside the choppy price action seen across other major crypto assets. It has struggled throughout the summer, shedding almost 30% since mid-May. But the…

Continue ReadingRipple’s (XRP) Summer Slump Isn’t Stopping Large Wallets From Growing