Ethereum World News
2020-12-11 09:01:27

XRP’s Continual Negative Funding Rate Could Result in a Short Squeeze

Quick take: XRP’s funding rate for its perpetual contracts is of a negative value on major crypto exchanges It is as low as -0.5% on Binance The Flare Networks snapshot is 12 hours away at 00:00 UTC, December 12th The negative funding rate could result in a short squeeze that could send the price of XRP soaring However, XRP is in the midst of a correction that could lead to a breakdown of the $0.50 support The funding rate on […]

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer