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Ripple News
Cryptopotato
1w
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CME’s XRP Futures Are Live: A Comparison with BTC, ETH Debuts
- The Chicago Mercantile Exchange (CME) recently launched XRP futures contracts, joining Bitcoin (BTC) and Ethereum (ETH) on its platform.
- On the first day, XRP futures contracts on CME recorded a combined notional volume of over $19 million, with 150 standard contracts and 207 micro contracts traded.
- In comparison, the launch of CME's Bitcoin futures in 2017 saw a significantly larger volume, while the ETH futures launch had more tempered start.
- Factors like market maturity, timing, regulatory issues, and competition from other platforms may have contributed to the varying trading volumes between XRP, BTC, and ETH futures on CME.
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Crypto-News-Flash
1w
196
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USDC Giant Circle Explores Sale Options with Ripple and Coinbase
- Circle, a stablecoin issuer, is being pursued by Ripple and Coinbase for potential acquisition as part of their merger and acquisition plans.
- Circle has indicated that it is not desperate to sell, despite reports of negotiations with Ripple and Coinbase. The stablecoin issuer has also filed for an Initial Public Offering (IPO).
- Ripple is reportedly seeking to dominate payments, own stablecoin rails, and make XRP a default bridge. If Ripple were to bid for Circle, it would likely be a combination of XRP and cash.
- Coinbase is said to be considering a bid in cash and stock for Circle. The company's CEO, Brian Armstrong, mentioned that Coinbase is open to merger and acquisition opportunities, with recent deals like the one with Deribit.
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Crypto-News-Flash
1w
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Ripple News: XSGD Stablecoin Now Live on XRP Ledger for Asian Market Growth
- StraitsX has introduced Singapore dollar-backed stablecoin, XSGD, to the XRP Ledger to enhance real-time digital payment networks in Asia.
- XSGD is 1:1 pegged to Singapore’s dollar, issued by a Monetary Authority-licensed institution, and backed by reserves in DBS and Standard Chartered, ensuring high assurance for users.
- The move aims to support high-volume tokenization and financial flows, offering developers and institutions additional tools for real-time payment apps.
- StraitsX plans an institutional rollout in June 2025, targeting business and institutional use, with features like programmable payout tools and merchant transactions to meet compliance requirements.
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Fintechnews
1w
363
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Circle Weighs IPO Against Potential Sale to Coinbase or Ripple, Sources Say
- Circle Internet Financial, the issuer of the USDC stablecoin, is considering a potential sale to Coinbase or Ripple, potentially diverting from its planned IPO.
- Despite filing for an IPO in April, Circle has engaged in informal acquisition talks, seeking a valuation of at least US$5 billion.
- While Circle maintains it is not for sale and focused on long-term goals, recent discussions indicate openness to alternative outcomes.
- Coinbase, with close ties to Circle, and Ripple have shown interest in potential acquisitions, with Ripple offering US$4-5 billion, an offer that was reportedly declined.
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Coinjournal
1w
17
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Best crypto to buy as Circle considers a sale to Ripple Labs
- Circle, the creator of USD Coin, is considering selling itself to either Coinbase or Ripple Labs ahead of its IPO, potentially impacting cryptocurrencies like XRP, Stellar Lumens (XLM), and Bitcoin Pepe.
- If Ripple Labs acquires Circle, it could benefit XRP by integrating USDC into the XRP Ledger network, leading to higher fees and increased token burn.
- Stellar Lumens (XLM) is seen as Ripple's counterpart and may see a rise in price if Circle is sold. XLM aims to provide low-cost transactions and currently shows bullish signs on the price chart.
- Bitcoin Pepe (BPEP) is another recommended crypto due to its meme-focused layer-2 network for Bitcoin, attracting significant investment in its presale phase amidst growing demand for Bitcoin-based assets.
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Cryptonews
1w
192
Report: Are Coinbase and Ripple Eyeing Potential Acquisition of USDC Issuer Circle?
- Ripple reportedly made a $5 billion offer to acquire stablecoin firm Circle, which was rejected; a rumored $20 billion offer followed.
- Circle, despite filing for an IPO on the NYSE, may consider selling to Ripple or Coinbase for at least $5 billion.
- Circle maintains they are 'not for sale' and plan to pursue their long-term goal of an IPO.
- If Ripple were to acquire Circle, analysts believe XRP could benefit significantly as Ripple aims to dominate payments and stablecoin infrastructure.
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Cryptonews
1w
175
Ripple Leverages DFSA Licence to Onboard Zand Bank and Mamo for Instant UAE Payments
- Ripple has officially launched its blockchain-based payments platform in the UAE, partnering with Zand Bank and Mamo for instant cross-border transactions using crypto, fiat, and stablecoins.
- The expansion into UAE follows Ripple's regulatory approval from the Dubai Financial Services Authority, allowing it to offer crypto-enabled payment services and challenge traditional systems.
- Through the partnerships with Zand Bank and Mamo, Ripple leverages its infrastructure to combine fiat, stablecoins, and cryptocurrency for international payments, offering an alternative to legacy systems.
- Ripple's move strengthens its presence in the Middle East amidst broader crypto ambitions in the UAE, as the country positions itself as a global digital asset hub.
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Fintechnews
1w
256
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StraitsX Teams Up With Ripple to Launch XSGD Stablecoin on XRP Ledger
- StraitsX has launched XSGD stablecoin on the XRP Ledger in collaboration with Ripple to enhance real-time digital payments in Asia.
- XSGD is a stablecoin regulated by the Monetary Authority of Singapore and backed 1:1 by reserves held with DBS Bank and Standard Chartered.
- The deployment of XSGD on the XRP Ledger enables real-time payments and programmable financial flows for developers, fintechs, and institutions.
- Future plans include broadening XSGD rollout for institutional use, with a focus on June 2025 for programmable payouts, merchant settlements, and compliance-ready integrations.
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Pymnts
1w
106
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Report: Circle Considers Potential Sale While Pursuing IPO
- Stablecoin issuer Circle is reportedly considering a potential sale to Coinbase Global or Ripple while still pursuing its initial public offering (IPO).
- The company is aiming for a valuation of at least $5 billion in the negotiations and IPO, as reported by Fortune via Seeking Alpha.
- Circle had previously rejected a $4 billion to $5 billion takeover bid from Ripple and had hired investment banks to underwrite its potential IPO.
- The wave of digital asset deals was sparked by a crypto-friendly White House, with Ripple acquiring Hidden Road for $1.25 billion, and Coinbase planning to acquire Deribit for $2.9 billion.
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Bitcoinist
1w
367
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Ripple Takes The Lead In Circle Acquisition Battle, Bidding Between $9-11 Billion
- Circle, the issuer of the USDC stablecoin, is contemplating an IPO but might opt for a potential sale to either Coinbase Global or Ripple.
- Sources suggest that Circle is aiming for a $5 billion valuation, the same as its intended IPO, and would swiftly sell to Coinbase if a genuine offer is made.
- Ripple has expressed interest in acquiring Circle with a bid between $4-5 billion, while market expert Paul Barron indicates Ripple might have an advantage in acquiring Circle at a potential price tag of $9 to $11 billion.
- Coinbase also remains a contender for acquiring Circle, having the financial means with approximately $8 billion in cash as of March 31, 2025, and expressing openness to mergers and acquisitions.
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Newsbtc
1w
85
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Only 5% Will Make It – XRP Expert Reveals Path To Riches
- XRP expert Edward Farina advises holders to not sell during market dips as it could lead to missing out on potential gains in the long run.
- Farina emphasizes on the importance of holding during pullbacks and not succumbing to fear, citing missed opportunities by early sellers in the past.
- He advocates for a simple three-step approach of buying XRP, holding it for the long term, and staying resilient during market volatility.
- Farina highlights the institutional interest in XRP as a bridge currency and warns about the risks involved in the market despite his conviction in holding XRP even in adverse scenarios.
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Coinjournal
1w
222
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XRP eyes bounce as regulated futures launch on CME
- XRP futures are now live on the Chicago Mercantile Exchange (CME), marking a significant institutional milestone for the cryptocurrency.
- The XRP price is expected to rebound following the launch, with analysts predicting a positive movement similar to Bitcoin and Ethereum futures' impact on the market.
- Ripple CEO Brad Garlinghouse expressed excitement over the launch, highlighting the importance of regulated XRP futures on CME and reporting the first block trade by Hidden Road.
- Despite recent fluctuations, XRP is currently trading at $2.34 with increased daily volume, suggesting that CME's launch of regulated futures could act as a catalyst for potential price growth.
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Livebitcoinnews
1w
175
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Ripple Expands in UAE with Zand Bank, Mamo Partnerships
- Ripple secures DFSA license to expand blockchain payments in the UAE.
- Zand Bank to launch AED-backed stablecoin using Ripple’s technology.
- Mamo partners with Ripple to simplify cross-border payments in the UAE.
- Ripple partners with Zand Bank and Mamo to enhance payment services in the UAE, leveraging blockchain technology for faster and more efficient transactions.
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Newsbtc
1w
273
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XRP Price Confirms Bullish Reversal Setup With This Demand Zone
- XRP price has confirmed a bullish reversal set-up on the 1-hour chart, indicating a potential short-term rally.
- XRP found strong support between $2.31246 and $2.37028, forming a significant demand zone where buying pressure reversed price declines.
- Analysts suggest key resistance levels at $2.4939 and $2.6031 for XRP, with potential targets for short-term traders.
- Crypto analyst forecasts a mega rally for XRP, targeting new all-time highs around $4.90 after breaking out of a long-term Falling Wedge pattern.
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Crypto-News-Flash
1w
419
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CME Group Debuts XRP Futures ETF – What’s Next for XRP?
- CME Group has launched XRP futures ETF, which legal experts believe could boost institutional demand for XRP.
- While CME's launch raises hopes for SEC approval of spot XRP ETFs, the Ripple-SEC lawsuit remains a challenge.
- Ripple is making strides towards XRP mainstream adoption despite setbacks in the SEC lawsuit, with plans for future spot XRP ETFs.
- XRP price has not seen substantial gains post the XRP futures ETF announcement, currently trading at $2.31 with market cap at $135 billion.
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