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XRP open interest reached $2.23 billion, an 8% increase
Short positions totaling $2.85 million were liquidated in the last 24 hours
XRP price increased 5.17% to $1.41 amid broader market rebound
Ripple is enhancing XRPL security and expanding its payments network.
Deep Dive
XRP experienced a rebound on Wednesday, rising 5.17% in the last 24 hours to $1.41, coinciding with a broader crypto market recovery. The cryptocurrency had previously fallen to a low of $1.33. Its open interest also increased by 7.04% to $2.24 billion, according to CoinGlass data.
The recent price movement caught bearish traders off guard, leading to significant liquidations. In the past 24 hours, XRP saw $4.24 million in liquidations, with $2.85 million affecting short positions and $1.4 million impacting long positions.
XRP is currently trading within a range of $1.13 to $1.67, as traders await further market direction.
Ripple's head of engineering, JA Akinyele, detailed efforts to enhance the security and coordination of the XRP Ledger (XRPL). These initiatives include strengthening validator coordination, upgrade readiness, amendment risk classification, and communication protocols. A security-focused Software Development Lifecycle (SDLC) is being implemented to identify critical bugs early.
Ripple is also increasing its investment in security tooling, independent audits, and formal verification. Lessons learned from past issues, such as the bug discovered in Batch, are being applied to upcoming amendments, including the lending protocol. The company plans to expand its bug bounty program and formalize adversarial testing before activation.
Furthermore, Ripple announced a significant expansion of its Payments network, transforming it into a full-stack infrastructure platform. This platform enables businesses to manage fiat currencies and stablecoins for collection, holding, exchange, and payout through a single provider. Recent acquisitions of Palisade and Rail support these new capabilities, integrating custody, treasury automation, virtual accounts, conversion, and settlement into one system for cross-border payments.
Source, catalyst, and sector overlap from the latest feed.
Morgan Stanley filed an amendment to its Form S-1 for the Morgan Stanley Bitcoin Trust. Coinbase and BNY Mellon are named as custody partners for the Bitcoin ETF. The ETF aims to operate like a traditional market ETF with cold storage for Bitcoin holdings. Increased institutional involvement in Bitcoin ETFs is correlated with price movements.
Kraken enters the spotlight after securing access to a federal reserve master account, a milestone that has never been achieved by any crypto exchange.
Ripple Prime CEO describes this as an important milestone for the nonbank prime broker.
Shiba Inu exchange reserves are nearing the 80 trillion token threshold, indicating a potential shift from trading to long-term holding. Over two trillion SHIB tokens have been removed from exchanges recently. Despite outflows, SHIB's price remains under pressure, trading below key moving averages. Decreased exchange supply could amplify upward price movements if market sentiment improves.
Cardano trading volume increased by over 23% in the past 24 hours, reaching $834 million. ADA price is testing the $0.30 resistance level, last seen on January 31. Midnight Network mainnet launch is expected later this month, enhancing Cardano's privacy features. Google Cloud and Vodafone are now supporting Midnight Network validators.
Bitcoin price surged to near $71,370, up 6.35% in 24 hours. Rally driven by a short squeeze in derivatives markets, liquidating over $190 million in positions. Bitcoin dominance increased to 59.0%, indicating capital rotation from altcoins. Key support at $70,553; potential targets $71,886 and $72,000-$74,000 range.
Suzlon shares fell below ₹40, reaching a two-year low. The company announced a leadership restructuring with Ajay Kapur appointed as group CEO. Despite the price drop, multiple brokers maintain a 'Buy' rating with a target price of ₹60. The leadership overhaul aims to transition Suzlon into an integrated renewable energy solutions provider.
Shiba Inu price increased by 6.35% in the last 24 hours. Shiba Inu burn rate surged by 53,954% in the past day. 841,084 SHIB tokens were burned, reducing total supply. Exchange reserves for SHIB decreased significantly, indicating increased buying activity.
Bitcoin surpassed $71,000, triggering $433 million in liquidations. Rally driven by positioning resets, lower post-halving supply elasticity, and improving liquidity expectations. Geopolitical escalation could reverse gains; containment may fuel further upside. Analysts suggest sustainability hinges on liquidity and geopolitical risks, with mixed outlooks on continued upside.
Ethereum staking entry queue reaches 3.4 million ETH, creating an estimated 60-day backlog. Demand for staking is driven by corporates and exchanges seeking yield on large ETH holdings. This represents a shift from late 2025 when the exit queue was significantly larger. Analysts suggest this indicates a more defensive institutional stance and potential for ETH outperformance due to payments and AI narratives.
Bitcoin faces overhead resistance around $75k and $78.3k. A death cross between the 21-week and 100-week SMAs is expected this week. The death cross could signal the next leg down unless a major bullish catalyst emerges. Short-term price strength is attributed to a short squeeze, not necessarily a sustained bull market.
CLARITY Act stalled in Senate over stablecoin yield dispute, impacting crypto legislation progress. CFTC Chairman expects approval of U.S.-listed crypto perpetual futures within weeks. JPMorgan projects CLARITY Act passage by mid-2026; Ripple CEO estimates 80% odds by late April. Concerns raised about CFTC's staffing and budget for expanded oversight under the proposed bill.
Tether's USAT stablecoin, issued by Anchorage Digital, received an independent accountant's report from Deloitte. The Deloitte report covers USAT reserves ($17.6M assets vs $17.5M liabilities) and does not apply to Tether's flagship USDT token. USDT reserves remain a point of scrutiny, with a more complex asset mix including Bitcoin and precious metals, unlike USAT's cash and Treasurys. Tether has frozen approximately $4.2 billion in USDT linked to illicit activity.
Bitcoin surged past $72,000, liquidating $350 million in short positions. Ethereum and Solana saw significant liquidations with $68M and $42M respectively. Macro factors including easing Iran tensions and oil pullback contributed to risk-on sentiment. Technical indicators suggest bullish momentum with potential for $75,000 Bitcoin.
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Ark Invest purchased $4 million in Coinbase (COIN) and $12 million in Robinhood (HOOD) shares on Tuesday. These purchases occurred before a significant rebound, with COIN and HOOD jumping 13% and 9% respectively. Coinbase and Robinhood represent the 10th and 11th largest holdings in Ark Invest's actively managed ETFs. Ark Invest had previously sold Coinbase shares in early February during a market downturn.

Solana price approaches critical resistance band between $88.5 and $89.3. Limited supply pressure observed until the $95-$96 region. RSI has climbed above the neutral 50 level, indicating strengthening bullish momentum. Potential for SOL to reach $100 if consolidation breakout occurs.

Crypto-related equities saw large gains at the Wednesday open, rebounding from Tuesday's selloff.

Key Insights: Circle (CRCL) stock rally has not cooled since its latest earnings report. It accelerated again on Monday, extending a double-digit daily gain of 15% for the second day. The gains in the crypto stock extended the run to roughly 60% since last week’s fourth-quarter release, as investors leaned into stablecoin-linked stocks while the […] The post Circle Stock Rallies for a Second Day, Notches Another Double-Digit Move appeared first on The Coin Republic.

Oracle provider RedStone deploys price feeds on Stellar as the network expands DeFi infrastructure and experiments with lending and tokenized assets.

Bitcoin supply thin between $72,000 and $80,000, indicating potential for rapid price movement. Approximately 1% of circulating supply is in the $72,000-$80,000 range, suggesting limited resistance. Over 400,000 BTC were accumulated between $60,000 and $70,000, showing strong support below current levels.

Whales accumulated Bitcoin at $63,000 during retail panic selling, preceding a bounce above $68,000. Pepeto presale has raised over $7.4M with 209% APY staking, indicating strong accumulation during market fear. XRP is holding near $1.40 despite significant Binance inflows, suggesting underlying buyer support. The article suggests a pattern of smart money accumulation during fear, similar to past Bitcoin rallies.

Key Takeaways: Ethereum’s network throughput has hit an all-time high across L1 + L2s, driven largely by Base and Polygon […] The post Ethereum News: Record Network Activity Still Can’t Break the $2K Wall appeared first on Coindoo.

KT DeFi offers cloud mining and DeFi services for passive income generation. Users can rent computing power to mine cryptocurrencies like BTC, XRP, DOGE, and ETH. The platform provides automated yield solutions with daily profit settlements. KT DeFi supports millions of users globally and has been operating since 2019.

Bitcoin rose to $71,928, its highest value in nearly a month.

KAI Exchange denies rumors of a Dassault Falcon 6X aircraft transaction involving 4.1 Bitcoins. The exchange states the reported transaction was fabricated false news by third-party media. KAI Exchange conducted a system drill on March 1, 2026, with a reference Bitcoin quote of $4.949 million. The aircraft's reported sale price does not align with the 4.1 Bitcoin equivalent.
Signal context only. Validate with price action, liquidity, and risk limits before taking a position.