Crypto News

Open Interest in XRP Options Nears $100M as High Volatility Draws Yield Hunters

The dollar value locked in open XRP options contracts listed on Deribit is rapidly climbing to a record as the token's high implied volatility draws yield hunters.The so-called notional open interest (OI) has risen to nearly $98 million from $71 million since the June 27 quarterly expiry, a solid 38% rise in two weeks. It is now nearing the June 24 record of $102.3 million, according to data source Deribit Metrics. In contract terms, the OI has increased by 26% to 42,414. (The contract multiplier for XRP on Deribit is 1,000 XRP).Behind the increase is the token's implied volatility, a measure of expected price swings over a specific period. XRP's is higher than bitcoin (BTC), ether (ETH) and solana (SOL),...

GeForce NOW Expands Library with ‘PEAK’ and Other Exciting Titles

GeForce NOW introduces 'PEAK', a co-op climbing game, along with other new titles in its cloud gaming platform, enhancing gameplay with advanced features. (Read More)Source link

Sei to Integrate Native USDC and CCTP V2 Enhancing Cross-Chain Liquidity

Sei is set to integrate native USDC and CCTP V2, transforming into a cross-chain liquidity hub. This upgrade enhances transaction efficiency and developer capabilities. (Read More)Source link

CoinDesk 20 Performance Update: SUI Gains 6.4% as Index Trades Higher

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3272.26, up 0.8% (+24.45) since 4 p.m. ET on Wednesday.Sixteen of 20 assets are trading higher.Leaders: SUI (+6.4%) and AVAX (+3.0%)Laggards: AAVE (-2.7%) and UNI (-1.3%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link

DDC Enterprise and Animoca Brands Forge $100M Bitcoin Partnership

DDC Enterprise partners with Animoca Brands in a $100 million Bitcoin strategic initiative to enhance corporate treasury strategies, appointing Yat Siu to the Bitcoin Visionary Council. (Read More)Source link