Ripple (XRP) rises in tandem with the larger cryptocurrency market on Thursday, as investors position themselves in anticipation of a 25-basis-point interest rate cut by the United States (US) Federal Reserve (Fed) in October. Meanwhile, retail demand for XRP derivatives is also on the rise, with the futures Open Interest (OI) averaging at $7.83 billion, from a monthly low of $7.35 billion on Saturday, according to CoinGlass. OI represents the notional value of outstanding futures contracts; hence, a persistent increase means demand for futures is gaining traction as traders pile into long positions. Higher OI also ... (full story)