$XRP #Btc #ETH🔥🔥🔥🔥🔥🔥 Weathering storms and waves, we are welcoming the new token batch. Whether it's a green stick or a red stick, let's keep a steady hand, everyone.
XRP lending launched on the Flare network, driving the expansion of DeFi capabilities
XRP lending launched on the Flare network through Morpho integration, allowing FXRP holders to earn returns by depositing tokens or use XRP as collateral to borrow stablecoins. According to NS3, the protocol provides easy access via the Mystic interface and maintains an isolated risk structure to prevent systemic issues. This move marks a key step in Flare transforming XRP into a productive and yield-generating asset, expanding DeFi capabilities.
Famous short seller Chanos closes hedge position on MSTR Famous investor James Chanos has officially closed his short position on MicroStrategy shares. This trading strategy typically involves shorting MSTR shares while buying Bitcoin, aiming to hedge against the high premium of MSTR compared to Bitcoin holdings. Chanos made the decision to close this position primarily due to the premium of MSTR compared to the value of BTC holdings dropping sharply from a high of 2.5 times to just 1.17 times. This indicates that market efficiency has increased, and MSTR's stock price has adjusted closer to the true value of the underlying BTC asset. As a result, there is no longer room and profit value for this hedge trade. Chanos's withdrawal marks that institutions previously seen by Bitcoin investors as speculators against have been forced to exit their short positions. This market move sends a bullish signal, implying that the market's recognition of the financial model of the BTC company is increasing.
$XRP so many people locked in at 2.58-2.59, I'm really upset right now Watching XRP soar makes me crave it already This is what happens when you lock in early