News

If the Federal Reserve gets nervous—say, by a trade tantrum or a Middle-Eastern muddle—they might slash interest rates before you finish your cup of hot chocolate.

Yesterday, June 19, XRP experienced an unusual spike in liquidation imbalance, with the long-short ratio skyrocketing by 8,466% in just 12 hours! 🚀 According to CoinGlass data, XRP’s total liquidations amounted to $514,000, with $508,040 coming from long positions and the remaining $6,565 from shorts. Despite this wild ride, XRP’s price remained relatively stable, trading within a narrow range. 🤯

With the generous backing of 25 billion won ($183.3 million) from Parataxis, Bridge is set to embark on this crypto adventure, building a BTC treasury that could make even the most stoic investor crack a smile.

Bitcoin’s price is still 6% below its all-time high, but some market signals are saying, “Hey, we might be going up from here!”

In a recent interview, Waller, with all the gravitas of a man discussing the weather, proclaimed, “We could do this as early as July. I think we’ve got room to bring it down, and then we can kind of see what happens with inflation.” This comes after the Fed decided to keep rates steady between 4.25% and 4.50%, which is about as exciting as watching paint dry, but with the tantalizing promise of two cuts before the end of 2025. 🎉