XRP Surges 12% as Traders Bet on Big Price Swings with ‘Straddle’ Strategy

Payments-focused cryptocurrency XRP (XRP) has surged 12% over the past 24 hours, outperforming both bitcoin (BTC) and ether (ETH). This double-digit gain has lifted XRP’s price to $3.32, its highest level since July 28. The price upswing has been underpinned by sophisticated, anticipatory block option trades on Deribit, involving...
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Ethereum Derivatives Heat Up: Open Interest Spikes $1.9B

Data shows the Ethereum Open Interest has shot up alongside the asset’s recovery surge, a sign that chaos could be in store. Ethereum Open Interest Has Gone Up By More Than 8% As explained by CryptoQuant author Maartunn in a new post on X, the Ethereum Open Interest has...
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