Wintermute: Capital Rolls Into XRP As Alts Edge BTC Out
The big-time market maker just published their deep-dive into the market, smelling the altcoin season coming.
The big-time market maker just published their deep-dive into the market, smelling the altcoin season coming.
As banks, payment networks and asset managers enter stablecoins, competition is shifting toward control of digital-money infrastructure.
This Wall Street behemoth initially dumped XRP at a near-top cycle level, then waited to buy it back at $1.
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XRP briefly overtook Bitcoin in trading volume on South Korea’s largest crypto exchanges, Upbit and Bithumb.
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DTCC’s planned fall expansion of its blockchain infrastructure is putting XRP back on investors’ radar.
Although XRP found a bottom, Stevenson cautioned that elevated open interest leaves the token vulnerable to big volatility.
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As banks, payment networks and asset managers enter stablecoins, competition is shifting toward control of digital-money infrastructure.
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