XRP Turmoil, Saylor’s Bitcoin Treasury and Novogratz’s Change of Heart: Crypto Digest

Today’s top three cryptocurrency news stories, served with a dash of humor and a pinch of sarcasm, courtesy of U.Today.

XRP Bulls Left Reeling as 1,455% Liquidation Imbalance Hits Market

In a shocking turn of events, XRP perpetual futures market saw a whopping 1,455% gap between liquidated long and short positions in just one hour! Yes, you read that right. Long traders were left in tears as $860,000 of their positions got wiped out, while shorts got off relatively easy with only $60,000 in losses. Despite the chaos, XRP only dropped by 2.7%. Talk about a wild ride!

Michael Saylor’s Bitcoin Obsession Reaches New Heights with Rebranding

Move over, MicroStrategy, and make way for “Strategy” with a shiny new ₿ logo! Michael Saylor, the man behind the company, has rebranded and reaffirmed his love for Bitcoin in a recent post. With Bitcoin as its primary digital asset, Strategy has accumulated a whopping 218,887 Bitcoins since the end of 2024. Talk about commitment!

Mike Novogratz Flips on XRP: “If People Want to be Part of XRP Army, Let Them!”

In a surprising turn of events, Galaxy Digital CEO Mike Novogratz has changed his tune on XRP. After previously criticizing the token, he’s now singing a different tune, acknowledging the resilience of smaller cryptocurrency ecosystems. “If people want to be part of the XRP Army, let them,” he said. Well, well, well, look who’s a fan now!

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2025-02-07 18:59