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Europe put its institutional weight behind blockchain this week. Bitpanda's Vision Chain is an Ethereum Layer 2 built for European banks and fintechs to issue compliant tokenized assets, targeting a market projected to grow from $2 trillion to $13.5 trillion by 2030. The bnb pric...

Charts show Bitcoin and altcoins hanging on to their last respective support levels as investors cut risk and wait to see how markets react to rising oil prices and the war in Iran.

Open interest (OI) in XRP derivatives on Binance jumped 14.8% in the last 24 hours, its highest reading since March 4, when the metric peaked near 16%. The move was accompanied by repeated long liquidations and a change in order flow toward short positioning, painting a mixed picture for the Ripple token. Leverage Returns, But Longs Keep Getting Washed According to analyst Amr Taha, the high open interest reading meant traders are aggressively going back to the derivatives market and rebuilding exposure in XRP. However, while the OI increase is the headline number, the surrounding data has complicated the bullish reading, with Taha identifying three significant long liquidation events that occurred in quick succession. Over $2.5 million was lost on March 18, followed by $2.45 million on March 21, and around $2.15 million on March 26. He said that each event wiped out crowded bullish positions at a time when leverage was building up, something he suggested was a sign that conviction is still unstable. “Rising open interest usually reflects growing speculative activity,” he explained. “But repeated long liquidation spikes show that bullish positioning is still being punished during volatility.” What made the picture even more defensive was that the rise in open interest happened in tandem with a drop in Binance’s Cumulative Volume Delta (CVD), a metric that tracks the net direction of futures orders. Per Taha’s analysis, when OI climbs and Perp CVD falls, then it usually means that new short positions are entering the market instead of fresh longs. Spot CVD also weakened during the same period, implying that retail buyers didn’t step in to offset the shift. The largest clusters of vulnerable positions are sitting above XRP’s current price, meaning if the asset pushes higher, it could trigger a short squeeze. Still, Taha noted that the path of least resistance favors sellers for now. Where XRP Stands in the Broader Picture Looking at the market, XRP was trading at around $1.36 at the time of writing, down 2% in 24 hours and nearly 7% over the past 7 days. Furthermore, the token is almost 63% below its all-time high of $3.65, set in July 2025, and down 42% year-on-year. Its 24-hour trading range of $1.34 to $1.39, according to CoinGecko, shows the tight, directionless price action that has persisted for much of March. A previous assessment by analyst CasiTrades placed XRP inside a wider bearish wave structure, with a downside target of $0.87 being in play unless the token breaks and holds above $1.65. But on a more positive note, EGRAG CRYPTO has made bold predictions for XRP, stating that it could go up as far as $27 by August 2027, although the entire framework rests on the asset first bottoming near that same $0.87 level CasiTrades identified as a likely downside destination. The post XRP Derivatives Surge on Binance as Long Liquidations Mount: What’s Next for Ripple? appeared first on CryptoPotato .

The penalty follows Binance’s admission that 524 retail investors lost $6 million trading high-risk derivatives without required protections.

Midnight’s NIGHT token started trading on Australian exchange CoinSpot with new user campaigns. The CoinSpot and Binance listings increased awareness of Midnight’s privacy feature focus. Continue Reading: Midnight Token Begins Trading On CoinSpot As Interest Rises The post Midnight Token Begins Trading On CoinSpot As Interest Rises appeared first on COINTURK NEWS .

Binance Australia Derivatives received a substantial penalty after client misclassification issues emerged. ASIC’s court action highlighted weaknesses in onboarding, staff oversight, and regulatory safeguards. Continue Reading: Binance Australia’s Missteps Spark Major Regulatory Action And Raise Industry Concerns The post Binance Australia’s Missteps Spark Major Regulatory Action And Raise Industry Concerns appeared first on COINTURK NEWS .

XRP saw a spike in open interest, with inflows of speculative investment on Binance. Despite long liquidations and market risk, traders still rebuilt long positions. XRP trading on Binance revived after a period of relative weakness. Open interest jumped specifically on Binance, though remaining low on other markets. Over $264M in open positions were opened on Binance, up 14.8% in the past 24 hours. XRP traded at $1.34 after the latest market downturn, showing long positions were still threatened by liquidations. XRP open interest on Binance expanded in the past week, with an inflow of long positions. | Source: Coinalyze The recent market moves of XRP are mostly based on narratives. The XRPL network only carries around $46M in value locked, with minimal fees produced. Despite this, Ripple still positions itself as one of the builders of the future of crypto. Ripple’s efforts to build a payment system are ongoing, and the company may not be affected by the new CLARITY Act . Ripple’s official stablecoin still carries $1.41B in total market cap, down from $1.58B as of March 7. The stablecoin is actively traded on Binance, adding to the popularity of XRP. Why is XRP gaining long positions? The recent spike in open interest shows XRP is one of the fast-reacting assets, expecting a breakout to a higher price range. XRP still has blue-chip status and a significant presence on social media, allowing the asset to survive the general loss of interest in altcoins. The mindshare of XRP also rose by over 64% in the past day, to 1.5%, surpassing other altcoin projects. Unlike other legacy assets, XRP still sparks hopes of breaking out to a higher price range. XRP long positions go as low as $1.25, as more cautious traders bet on the asset’s usual sideways trading. The XRP community is still showing confidence in the asset’s future, even during the current bear market. Can XRP rise on a short squeeze? XRP traders have been mostly cautious in shorting the asset due to its track record of sudden expansion. This time, only around 24% of traders hold short positions, while others seek a price range for going long with a lower risk of liquidations. One of the drivers for XRP expansion is a potential short squeeze. The latest expansion of long positions also showed a concentration of short open interest on Binance. XRP accumulated long positions at the $1.37 level, potentially launching a short squeeze. | Source: Coinglass Based on the liquidation heatmap, an accumulation of short open interest is the strongest at $1.37. Currently, those positions, reporting $1.04B in open interest, are in the money, benefitting from the XRP slide. The position is also a potential target for liquidations, leading to an XRP recovery. On Hyperliquid, the predictions on XRP are the opposite of those on centralized exchanges. XRP is among the most widely shorted assets, with over 63% of whales holding short positions. The biggest short position had $10M in notional value and over $378K in unrealized gains. Still letting the bank keep the best part? Watch our free video on being your own bank .

XRP’s Silent Accumulation: $315M Buying Surge Builds Beneath a Weak Price Surface XRP may look indecisive on the surface, but the underlying data is beginning to lean bullish. According to on-chain analytics from XRP Update, Binance recorded a $315 million surge in XRP’s combined spot and perpetual CVD within just 48 hours, while open interest remained stable. Well, this is a key signal because it suggests that real buying demand is stepping in without the fuel of excessive leverage, pointing to early-stage accumulation rather than speculative hype. CVD measures the balance between aggressive buyers and sellers, and a sharp rise usually points to strong, conviction-driven demand. What stands out here is that open interest hasn’t spiked alongside it. In past rallies, rising demand often came hand-in-hand with heavy leverage, traders stacking borrowed positions and amplifying liquidation risk. This time round it's different because buying pressure is building without the excess leverage that typically makes rallies fragile. Instead, the data signals a more controlled return of demand. After a cooling phase cleared out overheated positions, buyers are stepping back in with restraint rather than leverage-fueled aggression. This isn’t the kind of surge driven by hype or FOMO, it’s steadier, more deliberate. In other words, the market is showing signs of early accumulation, not reckless speculation, and that difference matters. XRP Finds Itself at a Crossroads Accumulation phases are typically quiet, less explosive in the short term, but they build the foundation for more durable moves. With little to no aggressive leverage in the system, the risk of sharp, liquidation-driven pullbacks is reduced, allowing price to stabilize and structure to form. For now, though, XRP’s price isn’t reflecting that underlying strength. Presently, XRP is consolidating around $1.35, showing surface weakness despite strengthening underlying metrics, a true market paradox. While price stalls, rising long positions and stable open interest reveal growing bullish conviction among traders. The $1.35 level has become a critical battleground. A clear break above it could validate accumulation and spark wider momentum, while failure to hold may extend consolidation or trigger short-term selling. XRP now sits at a pivotal inflection point. The tension between price and positioning suggests momentum is building, but whether it erupts into a breakout or drifts sideways depends on how the market resolves this delicate balance. Conclusion XRP isn’t chasing fast gains, it’s quietly building strength beneath the surface. Spot-driven buying is returning, leverage remains muted, and the market appears to be consolidating on firmer ground. While $1.35 stands as a near-term test, this measured accumulation hints at a potential breakout fueled by conviction rather than speculation.

An Australian court has fined Binance’s local derivatives unit $6.9 million for misclassifying retail investors. The case highlights growing regulatory pressure on crypto exchanges over investor protection. Binance Hit With $6.9 Million Fine in Australia Case Binance’s Australian derivatives arm has been ordered to pay $6.9 million (A$10 million) after a federal court found serious