The Chicago Mercantile Exchange’s (CME) strategic introduction of Ripple futures contracts has sparked speculations of the imminent launch of an XRP ETF. The notable surge in trading activity and significant gains posted by CME’s futures in its inaugural days have further fueled optimism within the Ripple community. Amid increased odds of an XRP ETF launch in 2025 on Polymarket, Bloomberg analysts’ prediction has once again come into the spotlight. Earlier, Bloomberg analysts Eric Balchunas and James Seyffert provided an optimistic outlook on the ETF approval, with odds at 85%. Polymarket odds indicate an 83% chance of Ripple ETF approval in 2025, with a significantly lower 21% probability specifically for July 2025. XRP ETF Odds Surge: Is SEC’s Approval Possible by June 17? According to crypto expert Brett, June 17, 2025, remains a crucial date for Ripple ETF approval. In an X post, the analyst stated that the review deadline for… Read More at Coingape.com
The crypto markets are recovering after experiencing bloodshed across the streets for a while. In the meantime, Bitcoin rebounds and reclaims levels above $90,000, flashing bullish signals for the upcoming price action. The lesser clarity on the crypto strategic reserve was speculated to have raised concerns, which has kept the price resitructed within a range. However, in a big announcement, the tables have turned for the BTC price rally, which is expected to remain elevated and reach $95,000 soon.
Ever since Donald Trump announced the creation of a crypto strategic reserve with the top cryptos like BTC, ETH, XRP, and ADA, the traders have become bullish on these cryptos. However, the President is about to take a step further and reveal the Bitcoin strategic reserve in the first ever crypto summit hosted by the White House. Soon after this, Bitcoin locked in its higher low and charged towards the range lows again.
Now, all eyes lie on reclaiming a pivotal resistance, which may make things better once that’s done.
The short-term price action of Bitcoin suggests the price has rebounded from the local lows and is believed to rise and reach the local highs. The stochastic RSI has rebounded from the lows and is heading towards the upper threshold. Besides, the conversion line of the Ichimoku cloud has triggered a bullish divergence, which suggests the price may continue to rise and reach the interim resistance at $91,320.
In the meantime, the bears have begun to exert significant pressure over the token, but the bulls appear to have held a tight grip over the rally. As a result, the BTC price is expected to keep up the momentum until Friday. However, after Donald Trump’s announcement on the Bitcoin strategic reserve, the price is expected to witness a huge bullish push, which could keep up the bullish trend and regain the lost levels.
What happened this week in crypto? It was a highly eventful week, as the Senate passed the GENIUS Act, France’s crypto kidnapping wave continues, and Israel-backed hackers targeted Iran’s crypto industry.
Canada also became the world’s second nation to approve an XRP ETF, and delays continue for an SEC v Ripple resolution. Find out all these stories and more at BeInCrypto.
This new stablecoin framework had several major setbacks in recent months, but fresh amendments helped generate bipartisan support. By the time of this final vote, political support was overwhelming.
The new war between Iran and Israel has been impacting the crypto market all week, but that’s natural for any geopolitical turmoil.
However, the conflict now takes place directly over the blockchain. Israeli-backed hackers breached Nobitex, an Iranian crypto exchange, stealing and then burning $90 million in tokens.
$90M drained from Iranian exchange Nobitex in a hack claimed by hacktivist group, Gonjeshke Darande.
This wasn’t just theft. It was a message.
Blockchain is now a geopolitical front line. Visual of the hack distribution from Merkle Science’s Tracker pic.twitter.com/7BT3t1nRYJ
Gonjeshke Darande (Predatory Sparrow) has been active for several years, disrupting Iranian economic activities on behalf of Israel. Nonetheless, this crypto hack represents a major escalation.
This precedent could spell worrying things for the industry’s future. So far, this war hasn’t been particularly painful for crypto, at least compared to other recent events. If multimillion-dollar token burns become a feature of future wars, it’ll traumatize markets worldwide.
A 23-year-old man was abducted, and his loved ones were extorted for €5,000 and his Ledger key.
A 23 year old man was kidnapped Tuesday while out shopping in Maisons-Alfort, France. The attackers called his partner and demanded his Ledger and 5,000 EUR in cash. She complied & he was released.
Before this incident, police believed that a single gang was behind the majority of these attacks. Thanks to cooperation with Morocco, several purported ringleaders were arrested in North Africa earlier in June.
However, this clearly hasn’t stopped the kidnappings. Either the gang is still active, or copycats are adopting the practice. Both possibilities are terrifying.
No Resolution for SEC v Ripple
Although the SEC v Ripple case is a topic of major interest for the crypto industry, it wasn’t resolved this week. The two parties have been jointly filing to settle the last cross-appeal, but Judge Torres is not cooperating.
Both parties are attempting to pause the appeals process, but lawyers are becoming skeptical that they’ll win a favorable decision.
In the newest saga of SEC v. Ripple, I don’t like this filing based on how obvious it was from Judge Torres’ last ruling that she was pissed. I recommended a long, detailed motion explaining the SEC’s failures in crypto regulation (with Commissioner declarations) and some… https://t.co/KTyiqxLnWo
In short, the biggest problem is that a crypto-friendly SEC can’t unilaterally reverse policies from the Gensler era.
It may be unfair that Ripple is forbidden from selling securities to retail investors, but Atkins’ Commission needs to prove that in court. Although the community remains hopeful, this setback may impact Ripple’s business for the foreseeable future.
“The OSC’s granting of a receipt for the Purpose XRP ETF prospectus reinforces Canada’s global leadership in building a regulated digital asset ecosystem. We’re proud to continue pushing the boundaries of what’s possible in the space,” claimed Vlad Tasevski, Purpose’s Chief Innovation Officer.
Hopefully, these developments will encourage Canada’s southern neighbor to follow suit. Prominent ETF analysts in the US recently claimed that an XRP ETF has a 95% chance of approval, but it hasn’t happened yet.
A small investment might unlock significant opportunities as certain digital currencies push their limits. Tokens like XYZ, SOL, and ADA are reaching critical points, challenging the norms of the financial landscape. Their recent movements hint at potential breakthroughs, sparking curiosity about what could unfold next in this dynamic environment.
Demand for $XYZ Surges As Its Capitalization Approaches the $15M Milestone
The XYZVerse ($XYZ) project, which merges the worlds of sports and crypto, has attracted significant investor interest. Unlike typical memecoins, XYZVerse positions itself as a long-term initiative with a clear roadmap and an engaged community. The project was recently recognized as Best NEW Meme Project, further solidifying its appeal.
Price Dynamics and Listing Plans
During its presale phase, the $XYZ token has shown steady growth. Since its launch, the price has increased from $0.0001 to $0.003333, with the next stage set to push it further to $0.005. The final presale price is $0.02, after which the token will be listed on major centralized and decentralized exchanges.
The projected listing price of $0.10 could generate up to 1,000x returns for early investors, provided the project secures the necessary market capitalization.
So far, more than $13 million has been raised, and the presale is approaching another significant milestone of $15 million. This fast progress is signaling strong demand from both retail and institutional investors.
Champions Get Rewarded
In XYZVerse, the community calls the plays. Active contributors aren’t just spectators—they’re rewarded with airdropped XYZ tokens for their dedication. It’s a game where the most passionate players win big.
The Road to Victory
With solid tokenomics, strategic CEX and DEX listings, and consistent token burns, $XYZ is built for a championship run. Every play is designed to push it further, to strengthen its price, and to rally a community of believers who believe this is the start of something legendary.
Solana (SOL): A Blockchain Platform Emphasizing Scalability
Solana is a blockchain platform designed to enhance scalability, providing a foundation for decentralized applications. It is one of the most popular blockchains for developers, and its trading volume has even exceeded the one of Ethereum and BNB Chain. SOL is Solana’s native cryptocurrency and plays a central role in its ecosystem by facilitating transactions, running custom programs, and rewarding network supporters.
The value of the SOL coin lies in its support of the Solana ecosystem, allowing users access to various projects on the platform. Solana avoids using sharding or second-layer solutions for scalability, aiming instead to attract developers and investors with its high-capacity network capable of hosting products and services with high activity levels. In the current market cycle, Solana’s technology and the utility of the SOL coin may be of interest to those looking for scalable blockchain solutions.
Cardano’s ADA: A Scalable and Sustainable Blockchain Solution
Cardano is a blockchain platform designed for smart contracts, enabling the development of decentralized finance applications, crypto tokens, and games. Its native cryptocurrency, ADA, allows users to store value, make payments, and participate in the network through staking. Cardano uses the Ouroboros proof-of-stake mechanism, which is more energy-efficient compared to traditional proof-of-work systems. The blockchain is divided into two layers: the Cardano Settlement Layer for transactions and the Cardano Computing Layer for smart contracts. This design enhances its ability to process transactions, potentially reaching up to a million transactions per second.
The potential of Cardano lies in its sustainable and scalable approach to blockchain technology. By focusing on energy efficiency and advanced scalability, it addresses some of the key challenges faced by other platforms. The introduction of Cardano native tokens in March 2021 allows for secure and low-fee interactions with smart contracts. In the current market cycle, ADA presents itself as a significant player due to these technological advancements. Its focus on sustainability and scalability may make it an attractive option for users and developers looking for efficient blockchain solutions.
Conclusion
While SOL and ADA show promise, XYZ’s fusion of sports and memes offers a unique opportunity for growth, making it a standout choice for savvy investors.
You can find more information about XYZVerse (XYZ) here:
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A small investment might unlock significant opportunities as certain digital currencies push their limits. Tokens like XYZ, SOL, and ADA are reaching critical points, challenging the norms of the financial landscape. Their recent movements hint at potential breakthroughs, sparking curiosity about what could unfold next in this dynamic environment. Demand for $XYZ Surges As Its …
