Bitwise European Research Director: Intraday Crypto Asset Sentiment Index Hits Lowest Level Since Summer 2024
André Dragosch, Bitwise's European research director, tweeted that the intraday cryptocurrency sentiment index has just issued a strong reverse buy signal. The index hit a low of -2.8 standard deviations during the day, marking the lowest level since the summer of 2024 when the "yen arbitrage trade was closed out." This liquidation is a gift, not for those who have already gone bankrupt, but for those who still have some money left.
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XRP Ledger Adoption Highlights Ripple’s Vision for Global Finance
Quick Take Summary is AI generated, newsroom reviewed. Ripple CEO Brad Garlinghouse says XRP Ledger could process 14% of SWIFT transactions. XRPL may handle $654 trillion in global value in the future. Faster, cheaper, and more transparent cross-border payments are possible. Adoption by banks and businesses could drive demand and XRP’s value.References RIPPLE CEO BRAD GARLINGHOUSE CONFIRMS THE #XRP LEDGER IS SET TO HANDLE 14% OF SWIFT'S GLOBAL TRANSACTIONS! THAT COULD TRANSLATE TO OVER $100 PER XRP!
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