In a massive development, the CME Group has revealed plans to expand its derivative offerings with XRP futures. This provides a bullish outlook for the XRP price, as this move could pave the way for the launch of a spot XRP ETF.
CME Group To Launch XRP Futures
In a press release, CME Group announced plans to launch XRP futures on May 19, pending regulatory approval. The derivatives exchange revealed that market participants will have the choice to trade both a micro-sized contract (2,500 XRP) and a larger-sized contract (50,000 XRP).
Commenting on this development, Giovanni Vicioso, Global Head of Cryptocurrency Products at CME Group, said,
“As innovation in the digital asset landscape continues to evolve, market participants continue to look to regulated derivatives products to manage risks across a wider range of tokens. Interest in XRP and its underlying ledger (XRPL) has steadily increased as institutional and retail adoption for the network grows, and we are pleased to launch these new futures contracts to provide a capital-efficient toolset to support clients’ investment and hedging strategies.”
The exchange stated that they will settle the XRP futures in cash and based on the CME CF XRP-Dollar Reference rate, which serves as a once-a-day rate of the XRP price in USD and is calculated at 3 pm UTC.
The XRP futures will be the fourth crypto addition on the exchange. CME Group already offers Bitcoin and Ethereum futures and recently added Solana futures in March.
This development is significant as it could pave the way for the launch of a spot XRP ETF. The court in the Grayscale case ruled that there was no difference between the futures and spot markets. As such, the existence of a futures market means the SEC has no plausible reason to deny a spot XRP ETF.
As CoinGape reported, XRP and Solana are currently leading the ETF race over other altcoins. The launch of the futures contract further solidifies the altcoin’s edge in the ETF race. Meanwhile, the CME Group futures launch is also bullish for the XRP price.
Spanish authorities arrested five members of an international scam ring that stole up to $540 million. Operation BORRELLI targeted a shadowy group with victims in 30 different countries.
Police didn’t provide many key details about the group, such as how exactly they defrauded their victims. At the moment, it’s unclear whether or not any members remain at large.
Still, authorities are fighting back, just like Spanish police did in dismantling a crypto scam ring that stole up to $540 million:
“The organization’s leaders allegedly used a network of salespeople spread across the globe to raise funds through cash withdrawals, bank transfers, and crypto transfers. The criminal organization allegedly established an international corporate and banking network… to receive, store, and transfer criminal funds,” local authorities claimed in a press release.
The Guardia Civil claimed that this group defrauded up to 5,000 victims in 30 countries, using a Hong Kong-based firm to coordinate fraud and money laundering worldwide.
Spanish citizens only represented one-tenth of the scam victims and $45 million of losses. Still, many gang members lived in the country, and police arrested a broad swath of them.
The Spanish Civil Guard dismantled an international crypto-scam network that affected more than 5,000 victims in 30 countries. Source: Interior Ministry
According to local reporting, Spanish authorities arrested five members of this scam group in raids throughout Madrid and the Canary Islands.
The investigation involved cooperation with EUROPOL and 15 separate nations, most of which were not EU members. This shows the international scope of the group’s operations.
At the moment, it isn’t clear how many members remain active around the world, especially because it employed cutout firms in several countries. Could five people in one nation accomplish that alone?
Spanish police may anticipate future scams, leading to a lack of relevant details. Still, it’s hard to say for sure. There isn’t publicly available evidence of the Spanish group’s true size.
Unfortunately, the announcement was light on specifics, but it contained valuable information nonetheless. If nothing else, the international community is taking a proactive approach to crimefighting.
More details will likely emerge during court proceedings.
SHIB token price could reach a maximum of $0.00006392 in 2025.
Shiba Inu price, with a potential surge, could go as high as $0.000321 by 2030.
With increasing volatility in the crypto market, the meme coins are expected to spearhead the next bull run in the altcoins. However, the second biggest meme coin, Shiba Inu, shows a volatile price range and massive movement on either side.
The ongoing price action brings us to the burning questions on every SHIB enthusiast’s mind: “Will Shiba Inu (SHIB) reach 1 cent?” or “Will Shiba Inu go up?” or “Is Shiba Inu a good investment?”
Furthermore, we’ve crafted a comprehensive Shiba Inu price prediction 2025, 2026 – 2030 to address these pressing queries.
With increased adoption and the crypto market heading toward a new high, the memecoin market could witness a meteoric rise during 2025. Plus, the developer’s visionary developments coming to fruition, and Shiba Inu becoming a major player in the metaverse, could play a pivotal role in SHIB’s future price.
That being said, with an altcoin season, the price of SHIB could reach an annual high of $0.00006392. However, if the community drives the price with typical buying and selling pressures, SHIB could settle at an annual price of $0.0000201.
On the other hand, if investors fail to keep up with the liquidity of the digital asset on exchanges, FUD and negative sentiments could lower the price to $0.0000201.
The price forecast of Shiba Inu for the year 2026 could range from $0.0000286 to $0.00009784, settling at an average of roughly $0.00006312.
Shiba Inu Coin Price Action 2027
Subsequently, the Shiba Inu 2027 Prediction indicates the price might oscillate between $0.0000369 to $0.0001253, averaging notably at approximately $0.0000811.
Shiba Inu Memecoin Price Forecast 2028
Furthermore, the SHIB Price for 2028 values between $0.0000417 and $0.0001703, converging around an average of $0.0001060.
SHIB Coin Price Targets 2029
Then, by 2029, CoinPedia’s SHIB Price envisions the coin’s value to lie between $0.0000550 to $0.000210, with a centered average of about $0.000132.
SHIB Coin Price Prediction 2030
Lastly, approaching 2030, the SHIB price could bounce between $0.0000680 to $0.000321, culminating at an average estimate of roughly $0.000194.
*The targets mentioned above are the average targets set by the respective firms.
CoinPedia’s Shiba Inu Price Prediction
As highlighted above, CoinPedia’s insight into Shiba Inu’s future remains bullish. Surprisingly, with the $0.00006000 breakout, SHIB might soar to promising highs of $0.00006392 during the upcoming altcoin season.
Conversely, on the downside, if this meme coin dives below the trendline, SHIB prices could plummet to a mere $0.0000201.
Additionally, we anticipate the SHIB price to carve a new pinnacle, reaching $0.00006392 in 2025.
By 2025, our price prediction forecasts that the Shiba coin price could be worth $0.00006392. With a potential surge, the price may go as high as $0.000321 by 2030.
How much will Shiba be in 5 years?
As per the Shiba Inu price forecast, Shiba Inu’s price may trade at an average of $0.000210 for the year 2029.
Is Shiba Inu good for the future?
With the coming updates and strong community, Shiba Inu remains a strong candidate in the crypto world.
will Shiba Inu coin reach $1?
As per our current price forecast, Shiba Inu can be bullish for the coming years but the jump to $1 seems a stretch.
How high Shiba Inu can go?
If the impact of the last halving is anything to go by, Shiba (SHIB) could easily rally to over $0.00006392 in 2025.
Can Shiba Inu reach .001 cents?
Shiba Inu stands as one of history’s most explosive investment assets. Hitting the price of $0.0001 per token looks highly unlikely, but not impossible.
How much is Shiba Inu worth?
At the time of writing, the value of 1 SHIB memecoin was $0.00001359.
How much would the price of Shiba Inu be in 2040?
As per our latest SHIB price analysis, the Shiba Inu could reach a maximum price of $0.00134.
How much will the SHIB price be in 2050?
By 2050, a single Shiba Inu price could go as high as $0.00829.
The post Shiba Inu Price Prediction 2025, 2026 – 2030: Will SHIB Price Hit $0.00005? appeared first on Coinpedia Fintech News
Story Highlights The live price of SHIB memecoin is SHIB token price could reach a maximum of $0.00006392 in 2025. Shiba Inu price, with a potential surge, could go as high as $0.000321 by 2030. With increasing volatility in the crypto market, the meme coins are expected to spearhead the next bull run in the …
In a keynote address at the SEC’s latest Crypto Roundtable, Paul Atkins commented on the Commission’s role in crypto policy. He identified three key regulatory focus areas: issuance, custody, and trading.
Compared with his last Roundtable appearance in late April, Atkins gave an insightful look at his ambitious crypto agenda. With these priorities, it seems like the SEC will truly transform US crypto policy.
“In order for the United States to be the ‘crypto capital of the planet’ as envisioned by President Trump, the Commission must keep pace with innovation. Rules and regulations designed for off-chain securities may be incompatible with or unnecessary for on-chain assets and stifle the growth of blockchain technology,” he claimed.
This discussion is Paul Atkins’ second Crypto Roundtable discussion since becoming SEC Chair. Today’s appearance, however, was very different.
Although his speech in April was remarkably brief, this keynote address was much more comprehensive. Atkins’ comments extended past tokenization to give insights into his overall outlook on crypto policy.
His comments revolved around a common theme: the digital asset industry is comprehensively different from TradFi institutions, and requires a new approach.
Atkins claimed that the SEC has the responsibility “to set fit-for-purpose standards for market participants.” To accomplish this, he identified three overarching areas of interest:
First, Atkins claimed that the SEC should enable crypto firms to explicitly issue securities contracts. Issuers have generally avoided the Howey Test, and Atkins mentioned that only four crypto companies currently have registered securities offerings.
He believes that the SEC “has broad discretion under the securities acts to accommodate the crypto industry” and intends to use it.
Secondly, Atkins wishes to direct the SEC to liberalize custody rules for cryptoassets. He plans to encourage more of them by reforming “qualified custodian” requirements and the broker-dealer framework.
This includes recognizing blockchain-based self-custody solutions and other high-tech approaches that don’t currently align with the law’s view of an asset custodian.
In a particularly important move, Atkins wants the SEC to allow more asset trading. This position manifests in a few ways. He doesn’t just advocate for single firms to offer both securities and commodities; Atkins would even allow “pairs trading,” matching both categories together.
His priority is keeping the securities market in the US, and he wants Congress to facilitate this.
In summary, Paul Atkins has very ambitious plans for the SEC’s crypto approach. Compared to his last Roundtable appearance, today’s keynote speech was practically a manifesto.
With this bold and clear-eyed leadership, it seems inevitable that the SEC will transform US crypto regulation for the better.
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