Cryptopolitan brings to the community breaking events involving top leaders, all major news, and significant disruptions in the Crypto and Blockchain industry.
XRP Open Interest Tops $2.1B; Are Bulls Still in Charge?
Ripple’s native crypto, XRP is stealing the spotlight as its price hits levels not seen in the last 3 years. Beyond price gains, futures open interest (OI) also hit a record $2.10 billion, hinting at a surge in traders’ activity. Investors are anticipating a possible repeat of XRP’s 2018 rally to $3.
XRP price has made a massive comeback this week, surging by over 95% to outperform Bitcoin (BTC) and Dogecoin (DOGE). Even as it endures a minor dip, its momentum remains strong.
Red Weekend: Bitcoin Posted Biggest Two-day Retreat Since the US Election
The crypto community has tended toward uncertainty about Trump’s promised crypto policies, causing Bitcoin to decline over the weekend. The crypto asset had soared to new all-time highs after Trump won the presidential elections on November 5.
Trump’s campaigns focused on the crypto community before the elections. The president-elect spoke at the Bitcoin Conference 2024, the world’s largest Bitcoin gathering. He promised the crypto community that he would end the war on crypto initiated by the
Democrats’ Failure on Inflation Was a Costly Gamble That Backfired At the Ballots
Before Joe Biden even set foot in the Oval, his administration had already placed a $1.9 trillion bet that would define his presidency—and not in the way Democrats had hoped.
With the ink barely dry on a $900 billion COVID-relief package passed under Trump, Biden and his advisers decided to double down. Their plan? The American Rescue Plan (ARP), a sweeping fiscal package to pull the U.S. out of the pandemic’s grip.
It was bold. It was expensive. And it backfired… spectacularly.
ADEX Launches to Bridge Traditional and Decentralized Finance, Redefining the User Experience in ...
Apex Digital Exchange (ADEX), a pioneering new decentralized exchange (DEX), aims to close the gap between traditional finance (TradFi) and decentralized finance (DeFi) by delivering a comprehensive ecosystem that extends beyond simple crypto trading and asset purchasing. Positioned as an accessible, secure, and user-centric platform, ADEX aspires to make DeFi mainstream and accessible for all levels of users.
“DeFi isn’t just a buzzword—it’s the future of finance,” says Ben Bateman, CEO of ADE
BlackRock, the $11.5 trillion asset management giant and spot Bitcoin ETF issuer, has secured a commercial license to operate in Abu Dhabi.
The company has strengthened its regional presence by appointing Mohammad Alfahim as UAE business head. It also relocated Ben Powell as the first-ever chief Middle East and Asia Pacific investment strategist for the BlackRock Investment Institute.
BlackRock’s iShares Bitcoin Trust ETF recently surpassed $33 billion in net assets, exceeding its iShares Gold
XRP Was the 2nd Most Valuable Crypto Before the SEC Drama
Ripple’s CEO Brad Garlinghouse told NBC’s Trina Robinson that XRP was the second most valuable crypto token before the U.S. SEC’s interference. Garlinghouse said the government was arbitrarily picking crypto winners and losers instead of providing a level playing field for digital assets like it was meant to.
The Ripple boss expressed his disappointment, saying that the lengthy legal battle between Ripple and the U.S. SEC had been frustrating for the XRP family. He mentioned that Ripple had spe
Will a US-China Trade War Put the Brakes on Nvidia’s Unmatched Growth?
Nvidia has been running circles around the rest of the S&P 500 all year. So far this year, the company has tripled its market cap, single-handedly driving market returns while leaving rivals choking on dust.
With its earnings set to drop exactly two days from now, investors are waiting to see if the chipmaker can keep up the pace. But Trump’s comeback tour, featuring promises of new trade wars, is rattling nerves.
The stakes are enormous. AI demand is booming, and Nvidia’s chips are the brain
Major token unlocks worth over $489 million are scheduled between November 18 and November 25, with Metars Genesis (MRS) leading cliff-based unlocks. Solana (SOL) is dominating linear releases, according to data from Tokenomist.
The upcoming cliff unlocks are headlined by Metars Genesis (MRS) with 10 million tokens valued at $20.70 million, representing 11.87% of its circulating supply. Rose Network (ROSE) follows with a substantial unlock o
Trump Cabinet Pick Stirs Drama in Treasury Race, Will Tariffs Shoot Up?
The race for Donald Trump’s Treasury Secretary is heating up as business leaders, hedge fund managers, and Wall Street heavyweights jockey for influence. Scott Bessent and Howard Lutnick emerged as the top contenders but fresh developments suggest that Kevin Warsh is a much stronger contestant.
Robert F. Kennedy Jr. endorsed Howard Lutnik for Treasury Secretary, praising his pro-Bitcoin stance. The former presidential candidate has voiced strong support for Bitcoin, calling it “the currency of
Wall Street Races to Exploit AI’s $1 Trillion Surge
The artificial intelligence boom has sent Wall Street bankers, private equity giants, and debt financiers into a frenzy as they scramble to get a piece of the $1 trillion—and possibly $2 trillion—needed to power AI’s takeover of the world.
Data centers, power grids, and communication networks are the battlegrounds, and nobody wants to sit this one out. Morgan Stanley reportedly hosted a high-profile dinner this weekend in New York to strategize.
Microstrategy Outperforms Warren Buffet’s Berkshire Hathaway By the Largest Margin Since the Dot-...
Michael Saylor’s Microstrategy is outperforming Warren Buffet’s Berkshire Hathaway by the largest margin. The software company has surged by 2,295.74% since August, when it first bought its Bitcoin holdings, while Berkshire Hathaway has surged by 36.02% in the same duration.
Software company and Bitcoin corporate holder Microstrategy is outpacing legendary investor Warren Buffet’s Berkshire Hathaway class A stock by the largest margin since the dot-com bubble.
Solana Leads 2024, Attracting 38% of Global Crypto Interest
Solana wins the most popular blockchain title in 2024, holding 38% of global crypto investor interest. The high interest in Solana’s blockchain could be attributed to the resurgence in meme coin popularity and the launch of its meme coin launch pad, Pump.fun.
According to Coingecko’s report, Solana is the most popular blockchain in 2024, attracting nearly 40% of global crypto investor interest.
Solana has maintained its top ranking in crypto investor interest levels since Q1
Pompliano: BTC Is Going Up Because It’s “calling the Bluff of Politicians” Who Are Increasing the...
Fox Business’ Eleanor Terrett reported that Anthony Pompliano believes BTC prices are skyrocketing as a bluff to politicians who are increasing the U.S. national debt. Pompliano was speaking during the Grant Cardone 10X wealth conference, which ran from November 17 to November 18.
Bitcoin and cryptocurrencies, in general, have witnessed meteoric growth since President-elect Donald Trump won the November 5 elections. With its recent spike, Bitcoin propelled the total cryptocurrency market cap t
XRP Loses Momentum and Dips 14% After Record Multi-year High – Is the Top In?
Data on Tradingview shows that the XRP broke past $1 to hit a record three-year high of $1.26 since November 11, 2021. The surge suggests the anticipation of favorable regulatory changes and the possible end to a long-standing legal battle between Ripple and the U.S. SEC.
However, the price retreated significantly by up to 20% on November 17th, triggering a massive movement of XRP and a shift in the distribution of holdings.
CryptoQuant’s data revealed that XRP’s reserve balance in exchanges
Polish Presidential Candidate Sławomir Mentzen Promises to Implement Bitcoin Reserve If Elected
Sławomir Mentzen, a presidential candidate in Poland, has vowed to create a Bitcoin reserve after being inspired by U.S. President Elect Donald Trump, who backed Bitcoin to gain political support.
If elected, Sławomir Mentzen, a presidential candidate in Poland, has promised to create a Bitcoin reserve. The Polish Presidential Candidate owns 33.7 Bitcoin worth over $3million.
Prioritizing Bitcoin Reserve Over Delayed Legislation
The presidential candidate had gone on the popular social medium
Trump Ties His Legacy to the S&P 500, Giving Wall Street Hope
Donald Trump has always treated the stock market like his personal scoreboard. Back in his first term, he used every high in the S&P 500 as a victory lap, bragging about 401(k)s and pushing Americans to buy the dip whenever the market stumbled.
He even blamed Fed Chair Jerome Powell for selloffs and reportedly considered firing him at one point. Now, as he prepares for a second term, he’s making the S&P 500 the centerpiece of his economic agenda all over again.
Vivek Ramaswamy Joins Elon Musk’s DOGE to Propose Agency Deletions
Vivek Ramaswamy and Elon Musk are leading the Department of Government Efficiency (DOGE) to streamline federal agencies and cut bureaucracy. Their plan focuses on using executive actions to bring quick changes. DOGE aims to make the government more accountable by shifting power to elected leaders.
Vivek Ramaswamy, co-leader of the Department of Government Efficiency (DOGE), revealed a plan to reform government operations and address bureaucracy. Speaking on Fox News‘ “Sunday Morning Futures,” R
D.O.G.E Will Increase Economic Freedom in America, Says Coinbase CEO Brian Armstrong
Brian Armstrong, Coinbase CEO, says President Donald Trump’s newly announced Department of Government Efficiency (D.O.G.E) could be a once-in-a-lifetime opportunity to overhaul America’s bloated government.
“D.O.G.E is a chance to increase economic freedom in the U.S. and cut the size of government back to health,” he declared.
Brian also floated some ideas. One involves capping government spending at 10% of GDP through a constitutional amendment. “The Founding Fathers were geniuses,” he said,
Ripple Should Prepare for IPO After SEC Case Resolution, Says SBI CEO
Ripple’s IPO prospects are back in focus as SBI Holdings CEO Yoshitaka Kitao urges the company to prepare for going public after resolving its SEC legal battle.
While Ripple CEO Brad Garlinghouse acknowledges the possibility, he stresses that an IPO is not a current priority due to the company’s strong financial standing.
Ripple’s IPO back in focus
Ripple, a leading blockchain company, is again in the spotlight because of talks about its initial public offering (IPO) resurfacing. Yoshitaka Ki
Bitcoin Surge Catches Personal Finance Advisors Off-guard
The recent Bitcoin surge has caught personal finance advisors unwilling to adopt Bitcoin and other digital assets off-guard.
According to several finance experts and analysts, some advisors are still against their clients dipping their feet in the crypto sector. A research carried out by Cerulli Associates in July showed that out of 1,500 financial planners, only 2.6% told their clients about crypto, while only 13.7% had ever used crypto with their clients.