Invest ideasNews
28 Apr 2026, 23:00
XRP OI Z-Score Just Dropped To Levels Seen Before Its 600% Rally In 2024
New reports reveal that XRP’s Open Interest (OI) Z-Score has declined to extremely low levels, indicating reduced speculation and a possible leverage reset. According to analysts, the last time XRP’s OI Z-Score reached this level, it triggered an explosive 600% rally to new highs in 2024, ending the cryptocurrency’s years-long decline and consolidation. XRP Open Interest Z-Score Declines To Near Zero Market analyst Xaif Crypto has taken to X to highlight a major shift in XRP’s leverage conditions across the futures market. According to the analyst, derivatives activity has cooled down sharply as Open Interest has returned to a neutral baseline. Related Reading: Japan Is Going In On XRP, But Can This Drive The Price To $10? Sharing a chart, Xaif Crypto noted that XRP’s Open Interest Z-Score has now flattened near zero, signaling that current positioning among traders is no longer stretched or extreme compared to historical levels. The analyst revealed that this decline suggests that speculation has faded from the market, with leverage also significantly reduced. The shift also points to a reset in XRP’s market structure, where activity is now more balanced and less driven by crowd positioning or heavy bets in different directions. Interestingly, Xaif Crypto has compared the move to a historical setup, noting that the last time XRP’s OI Z-Score compressed to similar levels, the market entered a strong expansion phase, triggering a massive price rally. During that period in 2024, XRP climbed from $0.50 to $3.40, rallying by more than 600% before momentum cooled. Notably, the price surge followed years of decline and consolidation in XRP around the $0.50 area. The cryptocurrency spent most of 2024 trading between $0.40 and $0.70 while the U.S. SEC lawsuit dragged on. The lawsuit was filed in December 2020, keeping XRP suppressed for nearly five years before final settlement in 2025. Once sentiment shifted, XRP surged over 400% in November 2024 alone, jumping from $0.50 to above $2.5. It then pushed past $3.40 by January 2025 before climbing toward $3.6 in July, just shy of its $3.84 all-time high. OI And Leverage Drop Signals Potential Price Surge In a connected post, Xaif Crypto noted that XRP’s Open Interest has been steadily declining since a previous blow-off phase in November 2025. As a result, OI is now almost flat across major crypto exchanges, including Binance, ByBit, and OKX, suggesting that fewer traders are currently using borrowed money to bet on XRP’s price direction. Related Reading: XRP And Bitcoin Investors Are ‘Trapped’, But Is There A Way Out? Xaif Crypto also pointed out that leverage levels are now at an extreme low, with Binance’s estimated leverage ratio dropping to around 0.15. This indicates that traders are avoiding taking large, risky bets at the moment. He noted that the market is currently in a calm phase, with most aggressive trading already cleared out. According to the analyst, this kind of low activity often appears before major market moves. With less leverage in the system, there is reduced selling pressure but also less momentum in the market. However, this also means that when new traders return, the XRP price could move up quickly. Featured image from Adobe Stock, chart from Tradingview.com
28 Apr 2026, 22:47
XRP supply on Binance hits highest scarcity index of 0.75
🚨 XRP’s scarcity index on Binance soared to 0.75, the highest since July 2024. Over 1.10 billion XRP were moved by large wallets in the last week. Continue Reading: XRP supply on Binance hits highest scarcity index of 0.75 The post XRP supply on Binance hits highest scarcity index of 0.75 appeared first on COINTURK NEWS .
28 Apr 2026, 22:00
21Shares Pushes Dogecoin Into Mainstream With European ETF Exchange Listing
While it may not be as significant as its Bitcoin and Ethereum counterparts , the Dogecoin ETF remains one of the most historic achievements in the cryptocurrency sector this year. As the ETF landscape gains momentum, DOGE ETFs have just hit a notable milestone that could bolster demand for these newly launched investment products. Dogecoin Investment Product Debuts On Major European Exchange A new milestone for mainstream crypto adoption is taking shape, and this time it is centered around Dogecoin, the largest meme coin in the market. The Dogecoin Exchange-Traded Funds (ETFs) have secured another achievement that allows these products to gain more ground globally. In the face of growing demand for ETFs, 21Shares’ Dogecoin ETP just went live on Xetra, the largest ETF exchange in Europe. The listing is a major step in making DOGE more accessible to institutions, turning it from a retail-driven asset into a more accessible investment product alongside leading assets such as Bitcoin and Ethereum. According to the report from 21Shares, DOGE ETPs going live on Xetra offers investors across Europe 100% physically-backed access to the most famous meme coin in crypto history. By connecting traditional finance with the cryptocurrency market, the action demonstrates the increasing need for diverse exposure to digital assets within regulated frameworks. With fresh capital poised to enter DOGE ETPs, this burst of demand could play a crucial role in shaping the meme coin’s price trajectory in the short and long term. This news has triggered a frenzy across the Dogecoin community, with analysts expressing optimism regarding the milestone. The milestone comes at a time when the Dogecoin Spot ETFs are experiencing significantly slow growth, recording little or no capital inflows . As the product eyes a new variety of investors across Europe, demand for the DOGE ETFs could gradually return, once again backed by meme coin excitement. Another factor that could spur demand for the products is the decision by the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) regarding meme coins and other major assets in the crypto sector. Both regulatory bodies have recently classified DOGE alongside 16 other crypto assets as digital commodities, reducing regulatory friction and uncertainty on the meme coin. Such classification is going to change how DOGE is being viewed in the crypto and financial sector. As a result, more institutional players and new financial products might likely flow into DOGE. DOGE Showing Strength Compared To Bitcoin While the market slowly improves, Trader Tardigrade, a crypto analyst, has delved into the performance of Dogecoin and Bitcoin . After his examination of the 1-hour time frame, the expert outlined that the Lower Time Frame (LTF) is flashing a classic Relative Strength Divergence. For the DOGE, the meme coin is now printing a higher high, indicating underlying bullish momentum. Meanwhile, Bitcoin is steadily retesting the prior high before trending downward. Trader Tardigrade stated that this setup often signals rotation and fresh liquidity flowing into Dogecoin. With this, DOGE is now taking the spotlight while the crypto king experiences sideways performance.
28 Apr 2026, 21:36
Coinbase Sees Neutral Q2 Crypto Setup—Here’s What Latest Survey Signals For Bitcoin
Coinbase Institutional has released its latest second-quarter (Q2) outlook for the crypto market, offering a read on what institutional investors said about Bitcoin (BTC) as the industry moves into Q2. What Coinbase Thinks About Q2 2026 In the report , Coinbase frames its overall position as neutral for the second quarter of the year, pointing to the kind of uncertainty that makes it difficult to press directional bets in the near term. The firm said persistent, elevated uncertainty tied to the current geopolitical situation is one of the main reasons it isn’t leaning heavily toward either upside or downside trades. In that environment, Coinbase expects a more balanced approach to risk and return rather than aggressive positioning. It also notes that, even with broader uncertainty dominating decision-making, there are still specific, “idiosyncratic” factors that can influence crypto outcomes. Among them, Coinbase highlights regulatory developments and the growing rise of agentic artificial intelligence (AI). However, the firm’s view is that these themes are currently taking a back seat to macro and geopolitical risk. Looking closer to the present, Coinbase said it is cautiously optimistic that the macro picture may be shifting in a more positive direction as the quarter begins. The firm suggests that this could help many crypto assets find a bottom in the near term and then recover later in Q2. Coinbase also pointed to technical indicators that, in general, have turned positive not only across crypto markets but also across equity markets. Still, the report makes clear that this improvement is conditional and that it depends on whether a deal is reached with Iran. 82% Of Institutions See Late-Bear Markets As part of its outlook, between March 16 and April 7, 2026, Coinbase surveyed 91 global investors—29 institutions and 62 non-institutions—to gather perspectives on where the market is headed. One of the most striking takeaways from the survey is that sentiment has worsened across both institutional and non-institutional groups. Coinbase reported that roughly 82% of institutions and 70% of non-institutions now place the market in either bear market or late bear market phases. Even with the more pessimistic phase readings, the survey suggests investors continue to see Bitcoin as a value opportunity. Coinbase said three-quarters of institutions (75%) and about three-fifths of non-institutions (61%) view BTC as undervalued. The survey also measured expectations for Bitcoin’s share of the market, or “dominance.” Coinbase reported that expectations have shifted toward what it called a steady state. Specifically, the share of institutions expecting BTC dominance to increase fell from 40% to 25%. At the same time, a plurality of institutions—54%—now expect dominance to hold around current levels, an increase from 44%. Coinbase added that within that set, 21% of institutions are looking for a decline in dominance. Featured image from OpenArt, chart from TradingView.com
28 Apr 2026, 20:01
Report: Polymarket Targets Full US Return as CFTC Talks Advance
Polymarket is in active talks with the U.S. Commodity Futures Trading Commission (CFTC) to remove a ban that has kept its primary blockchain-based exchange away from American traders since 2022, Bloomberg reported. Key Takeaways: Polymarket held discussions with the CFTC in recent weeks to lift its 2022 ban and bring its main exchange to U.S.
28 Apr 2026, 19:56
Bitcoin Coinbase Premium turns negative as BTC price drops, weekly losses top $829M
Bitcoin price followed weakening US spot market demand as the Coinbase Premium Index turned negative for the first time in three weeks.
