Coinbase’s outstanding crypto-backed loans have surged to $2.3 billion. Anyone trading $XRP $DOGE should keep a close eye on this.
The market hasn’t reacted positively to the news so far. $XRP 24-hour trading is down 1.71%, $DOGE is down 2.71%, and the global Fear & Greed Index is stuck at 55. Don’t rush in blindly just because you saw the news—if the market hasn’t validated it, it means nothing.
A bullish signal would be a third straight day of rising staking volume for $XRP and $DOGE on Morpho on Base, with total value locked breaking its previous high. If staking volume stays flat and the coin price is still making sharp wicks down, don’t rush to buy the dip.
If you want to test the waters, don’t go in heavy right away. Start by practicing in the spot trading tournament, or check out the newly added bStocks trading pairs. Zero-fee RWUSD trading can also help you save on costs.
Do you think Coinbase expanding its range of staking assets is a sign of a coming rally, or simply business expansion? Comment 1 if you’re bullish, or 2 if you’re waiting for confirmation.
#Write2Earn #BinanceSquare #XRP DeFi #TradingTournament
The market hasn’t reacted positively to the news so far. $XRP 24-hour trading is down 1.71%, $DOGE is down 2.71%, and the global Fear & Greed Index is stuck at 55. Don’t rush in blindly just because you saw the news—if the market hasn’t validated it, it means nothing.
A bullish signal would be a third straight day of rising staking volume for $XRP and $DOGE on Morpho on Base, with total value locked breaking its previous high. If staking volume stays flat and the coin price is still making sharp wicks down, don’t rush to buy the dip.
If you want to test the waters, don’t go in heavy right away. Start by practicing in the spot trading tournament, or check out the newly added bStocks trading pairs. Zero-fee RWUSD trading can also help you save on costs.
Do you think Coinbase expanding its range of staking assets is a sign of a coming rally, or simply business expansion? Comment 1 if you’re bullish, or 2 if you’re waiting for confirmation.
#Write2Earn #BinanceSquare #XRP DeFi #TradingTournament