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Ripple token is among the top cryptos of the market, and the XRP Rich List for June clearly explains the popularity, as 6.65 million accounts hold billions worth of tokens. Notably, in most cases, the top 100 wallets carry the majority of the token holdings, and the same holds true here as well. But Ripple’s
The post XRP Rich List June 2025: Here’s Who Owns the Most XRP? appeared first on CoinGape.
The post Swedish MP Calls for Review of National Bitcoin Reserve appeared first on Coinpedia Fintech News
A Swedish Member of Parliament has officially requested a review on the establishment of a national strategic Bitcoin reserve. This proposal aims to assess the potential benefits and risks of adding Bitcoin to the country’s financial strategy. The move reflects growing interest in digital assets and their role in strengthening national economies. If approved, the review could mark a significant shift in Sweden’s approach to cryptocurrency and its potential as a reserve asset.
The post Swedish MP Calls for Review of National Bitcoin Reserve appeared first on Coinpedia Fintech News
A Swedish Member of Parliament has officially requested a review on the establishment of a national strategic Bitcoin reserve. This proposal aims to assess the potential benefits and risks of adding Bitcoin to the country’s financial strategy. The move reflects growing interest in digital assets and their role in strengthening national economies. If approved, the …
BlackRock has updated its S-1 registration statement for the iShares Bitcoin Trust (IBIT), introducing new language that outlines the potential risks posed by quantum computing.
This revision, filed on May 9, reflects growing industry awareness of how advanced computing technologies could impact cryptographic systems used in digital assets.
In the filing, the asset manager warned that future advancements in quantum computing may undermine the security framework underpinning Bitcoin.
Should quantum technology evolve far beyond its current state, it could render the cryptographic algorithms used by Bitcoin obsolete.
This could allow malicious actors to exploit vulnerabilities, including gaining unauthorized access to wallets that store Bitcoin for the trust or its investors.
While quantum computing is still developing, BlackRock emphasized that the technology’s full capabilities remain uncertain.
However, the firm considers it important to disclose any theoretical threats that could affect the performance or security of its crypto investment products.
Bloomberg ETF analyst James Seyffart said the update is a key factor that is standard in ETF filings. He explained that issuers routinely list all potential threats, no matter how remote.
“To be clear. These are just basic risk disclosures. They are going to highlight any potential thing that can go wrong with any product they list or underlying asset thats being invested in. It’s completely standard. And honestly makes complete sense,” Seyffart added.
Notably, BlackRock’s filing also covers concerns about regulatory actions, energy consumption, mining concentration in China, network forks, and prior market events like the collapse of FTX.
Despite these warnings, IBIT remains the largest spot Bitcoin ETF on the market. It has recorded 19 consecutive days of inflows, attracting more than $5.1 billion during the reporting period.
In a separate filing, Seyffart revealed that BlackRock also amended its S-1 application for its spot Ethereum ETF.
The new version includes plans to support in-kind creation and redemption—a model allowing investors to swap ETF shares directly for Ethereum, instead of using cash.
This structure could lower transaction costs and reduce market friction. It also avoids converting crypto into fiat currency, which is currently required under the cash-based model. The approach may help issuers minimize price slippage and save on trading fees.
The SEC has yet to approve in-kind redemption models for crypto ETFs, but analysts expect progress this year.
“Eric Balchunas & I expect SEC approval for in-kind at some point this year…Notably, the first application for any of the Ethereum ETFs to allow In-kind create/redeem has a final deadline around ~10/11/25,” Seyffart noted.
BlackRock’s filing follows the firm’s meeting with the US Securities and Exchange Commission (SEC) to discuss crypto ETF staking and securities tokenization.
The post BlackRock Warns of Quantum Computing Threat in Bitcoin ETF Risk Disclosure appeared first on BeInCrypto.
The post XRP Price Prediction After SEC vs Ripple Settlement Update on June 9 appeared first on Coinpedia Fintech News
XRP is currently trading in a tight range and continues to struggle to break above the $2.25 level. While it’s unclear whether May will bring any strong price movement, some analysts believe June could mark the beginning of a new rally.
Attention is now shifting to the ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple. The next key date in the case is June 9, when the SEC is expected to submit a status report on settlement discussions. According to one researcher, the SEC might issue a Sunshine Act notice about a week before this date. That notice would signal an official vote to drop the appeal and lift the long-standing injunction against Ripple.
If this happens, it must be done before June 9 to allow the SEC enough time to finalize court documents. Based on this timeline, the next two to three weeks could be important for XRP.
As for the potential impact on XRP’s price, predictions remain mixed. While some expect a rally—possibly a 20% jump followed by a pullback—others say the market could react sharply, and a sudden 3x move isn’t out of the question.
XRP continues to show weak bullish momentum, with a long-term bearish divergence still impacting its price movement. On the 3-day and daily charts, the token remains in a downward trend marked by lower highs and lower lows. While there has been some short-term relief, XRP is struggling to maintain upward movement, similar to what is happening with Bitcoin.
Currently, XRP is trading near a support level between $2.15 and $2.17. If this support fails, the next key level to watch is just above $2.00, followed by a weaker support area near $1.95. Holding above these levels is important to avoid further decline. On the upside, resistance is seen around $2.35, with stronger resistance between $2.45 and $2.50.
The post XRP Price Prediction After SEC vs Ripple Settlement Update on June 9 appeared first on Coinpedia Fintech News
XRP is currently trading in a tight range and continues to struggle to break above the $2.25 level. While it’s unclear whether May will bring any strong price movement, some analysts believe June could mark the beginning of a new rally. Attention is now shifting to the ongoing legal battle between the U.S. Securities and …