🤯 XRP (RIPPLE) $700 TRILLION DERIVATIVES MARKET | CASPER UP 17% | XDC (XINFIN) $50M FUNDING | QNT 🤯

2 years ago
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🤯 XRP (RIPPLE) $700 TRILLION DERIVATIVES MARKET | CASPER UP 17% | XDC (XINFIN) $50M FUNDING | QNT 🤯 - In this video, we discuss XRP News today, plus crypto news today, and more.
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The notional value of outstanding derivatives contracts fell modestly between end-June and end-December 2021, from $610 trillion to $600 trillion (Graph 1, left-hand panel). This reflected mainly a seasonal decline whereby year-end amounts contract relative to end-June values, creating a sawtooth pattern in the data. This pattern is most evident for interest rate derivatives (IRDs) (red bars).

https://www.bis.org/publ/otc_hy2205.htm

Ripple Partners with Crypto Facilities for XRP Derivatives
We are excited to announce that we are partnering with Crypto Facilities, a leader in digital asset derivatives, to create a marketplace for XRP derivatives. As with other assets or financial products around the world, participants desire the ability to manage their risk. An XRP derivatives market enables both hedging and speculative positioning in XRP. It also contributes to price discovery and market efficiency in XRP.
https://ripple.com/insights/ripple-partners-with-crypto-facilities-for-xrp-derivatives/

End Credit @Lewis Jackson = Legend!!

Enjoy the video! Stay safe everyone. LET'S GO!!!!!
THE WALL STREET BULL
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⚠️ Disclaimers: The above references an opinion and is for entertainment purposes only. I'm not a financial advisor and this is not intended to be investment advice. Seek a duly licensed professional for investment advice. ALSO, Links in the description are typically affiliate links that let you help support the channel at no extra cost.

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