Gate news, XRP investors are awaiting Judge Torres' ruling on Ripple's second motion to lift the institutional sales ban. A second dismissal could lead Ripple to appeal, thereby prolonging the legal uncertainty surrounding XRP. Despite Polymarket's market prediction being 88%, the legal uncertainty casts a shadow over the approval prospects for the XRP Spot ETF.

Gate News bot message, Bloomberg ETF analyst James Seyffart shared on social media platform X that he and ETF analyst Eric Balchunas have increased the approval chances for most Spot Crypto Assets ETF applications. Seyffart stated: "We believe that the SEC's involvement is a very positive signal."

According to Gate News bot, Coindoo reports that Ripple (XRP) typically sees a strong rise in May, and this trend may continue this year. With less than 48 hours remaining until the close, traders expect that the average rise of XRP in May could reach 25.1%. Currently, the trading price of XRP is close to $2.17, and if the close is strong, it could rise to $2.72, which is an important milestone for buyers.

Gate News bot message: Following the recent U.S. airstrikes on Iran's nuclear facilities, tensions in the Middle East have escalated rapidly. The Iranian parliament has consequently approved a plan to close the Strait of Hormuz. This strait is one of the world's most important oil passages, carrying about 25% of global oil transportation. However, the final decision still rests with Iran's Supreme National Security Council. Nevertheless, this news has already raised concerns in global financial markets.

Gate News bot news, Ripple's Chief Technology Officer David Schwartz proposed a plan for innovative upgrades to XRP Ledger transaction fees. He stated, "I support the idea of charging the same fee for every transaction in the ledger as much as possible, but prioritizing based on the highest fee the transaction is willing to pay." Notably, Schwartz proposed two main solutions to enhance the efficiency and fairness of XRPL, with the primary goal of eliminating unnecessary overpayments. He pointed out, "Everyone is overpaying. This is not ideal."

PANews reported on June 16 that according to CoinDesk, Coinglass data shows that the token HYPE of the decentralized perpetual futures trading exchange Hyperliquid has reached an open interest of $2.06 billion, making it the fifth largest futures trading asset, surpassing DOGE ($1.83 billion), but still behind XRP futures. Bitcoin, Ethereum, and SOL remain in the top three. Data shows that Hyperliquid accounted for 60% of the total trading volume of $94.3 billion in on-chain Perpetual Futures last week. The token is used for governance and fee payments and operates on a self-built Layer 1 blockchain. In the past three months, the price of HYPE has skyrocketed fourfold, reaching an all-time high of $44. This surge was accompanied by a spike in open interest and a positive annualized funding rate, which once soared above 100%, indicating strong demand for bullish leveraged bets.

Gate News bot news, after nearly five years of litigation, Ripple and the U.S. Securities and Exchange Commission (SEC) have finally reached a settlement, but both parties still need to persuade the judge to rewrite the ruling. The latest joint motion from both sides requests Judge Analisa Torres to lift the injunction against Ripple and reduce its $125 million fine to $50 million, on the grounds that "special circumstances" justify the request. However, crypto assets lawyer John Deaton stated in a recent X broadcast that this motion "misses the mark." He warned that the judge is not likely to hastily overturn a ruling she has carefully crafted over the years. In his view, the motion missed a crucial opportunity to persuade. It failed to emphasize how the SEC, under former Chairman Gary Gensler, implemented an overly aggressive and contradictory enforcement strategy, which has since been rescinded under current Chairman Paul Atkins.

PANews June 16 news, Japanese listed company Remixpoint announced that it has added to its purchase of Bitcoin worth 200 million yen on June 13, totaling 13.2961 BTC, with an average purchase price of 15,042,000 yen/coin. The funds for this purchase partially come from the funds raised by exercising the 24th new share subscription rights on the afternoon of June 12. As of now, the company holds a total of 1,051.5620 BTC, with a book value of about 14.396 billion yen, a market capitalization of 16.032 billion yen based on the closing price on June 15, and a floating profit of about 1.636 billion yen. In addition, the company also holds crypto assets such as ETH, SOL, XRP, and DOGE, with a total market capitalization of about 17.113 billion yen and an overall floating profit of about 1.763 billion yen. Previously, it was reported that the Japanese listed company Remixpoint increased its holdings by 55.68 Bitcoins.

Gate News bot news, FXStreet analyst Manish Chhetri stated that Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are showing signs of stabilization near key support levels after experiencing a recent pullback last week. BTC is trying to regain upward momentum after closing below the key support level, while ETH and XRP are hovering around technical thresholds that could determine their next movements.

Gate News bot message, FXEmpire analyst Bob Mason stated that on June 15 (Sunday), Ripple (XRP) rose by 1.18%, reversing Saturday's 0.33% fall, closing at $2.1670. The token outperformed the market, which rose by 0.43%, bringing the total market capitalization of crypto assets to $2.25 trillion. The expectation of a favorable ruling boosted the demand for Ripple.

According to a report by Golden Finance, market news indicates that Bloomberg analysts have raised the approval probability of Spot XRP, DOGE, and Cardano ETF to 90%.

According to Gate News bot and reported by CoinDesk, XRP has sparked one of the strongest rebounds among mainstream crypto assets in this cycle, but early retail investors are quietly exiting. XRP is currently trading above $2, more than three times the price level before the rebound in October 2024, and has become one of the best-performing large-cap tokens in the past 8 months. Investors who bought below 60 cents have made profits exceeding 300%, which has led to a significant increase in profit pullbacks.

According to Gate News bot, monitored by the blockchain tracking service Whale Alert, over 26.6 million XRP (worth about 58 million USD) was transferred from an unknown wallet to a CEX by a whale. This has raised concerns about a pullback, however, at the same time, the XRP price remains stable, currently reported at 2.16 USD as of the writing of this article.

According to Gate News bot, BTC price hovered above a key support level on Friday; breaking below this level could trigger a significant fall. Ethereum (ETH) and Ripple (XRP) followed BTC's trend, stabilizing near key levels, and breaking below the support level indicates a possible pullback in the future.

Gate News bot news, lawyer Bill Morgan conducted an in-depth analysis of the ongoing lawsuit between the SEC and Ripple regarding XRP transactions, warning that the litigation ruling is complex, which may lead to a fall in the XRP price beyond expectations.

According to Gate News bot, The Block reported that Matthew Sigel, head of digital assets at VanEck, expressed his views on the recent cryptocurrency purchase plans of several low market capitalization companies. Singapore-based Trident Digital Tech, with a market capitalization of only $16 million, announced plans to raise $500 million to establish an XRP reserve. Meanwhile, companies like Classover and Webus International, both with market capitalizations of less than $100 million, have also announced plans to establish reserves for Solana or XRP. Matthew Sigel emphasized that when a company with a very low market capitalization announces a plan for large-scale purchases of Crypto Assets without disclosing anchoring investors, it is essentially a scam (. "If there's no anchoring investors disclosed and the market cap is tiny, it's almost certainly a scam." ).

According to Gate News bot, as reported by CryptoSlate, with the upcoming launch of XAO DAO, the XRP Ledger has entered a new phase of community participation, marking the birth of the network's first Decentralized Autonomous Organization (DAO). This launch signifies that XRP will transition towards a deeper level of decentralized governance in the future, providing users with a structured way to participate in key decisions, fund projects, and support real-world Blockchain applications.

PANews June 19 news, according to Cointelegraph, the XRP Ledger will adopt decentralized governance through the upcoming XAO DAO, which is its first community-led organization aimed at leveraging XRP Token to promote proposals, funding, and on-chain decision making.

Odaily News The digital asset ETF management company Purpose Investments Inc. announced that the management fee for the Purpose XRP ETF will be fully waived, effective until February 1, 2026. This ETF is currently the only XRP ETF that offers CAD hedged units. It is reported that its previous management fee rate was set at

Gate News bot message, according to on-chain data from the Ripple stablecoin tracker, Ripple has minted 10 million RLUSD in the RLUSD treasury. This move comes amid legislative activities surrounding the U.S. GENIUS Act, as regulatory momentum for stablecoins is gaining strength. Some observers believe that the GENIUS Act could reshape the digital financial landscape in the next two years.

Gate News bot, on June 17, Ripple's legal team officially filed a petition with Judge Analisa Torres for the Southern District of New York, requesting acceptance of a joint motion with the Securities and Exchange Commission (SEC) to resolve Ripple's long-standing dispute with the regulator over the sale of XRP. The letter, filed by Ripple Labs Inc., expresses full support for the joint motion and further explains the implications of the settlement agreement.

Gate News bot message, chart analyst DefendDark stated that as the price movement converges with key trend lines, Fibonacci levels, and the formed cup pattern, Ripple (XRP) is approaching a critical turning point. This setup indicates that a breakout may occur as tension increases within the compressed technical structure.

According to Jinse Finance and BWENEWS, Trident has announced a financing plan of up to $500 million for the XRP treasury and has appointed Chaince Securities LLC as a strategic advisor.

Odaily News According to market news: The listed company Trident plans to raise $500 million to establish an XRP treasury.

Golden Finance reports that Circle announced on the X platform that the native USDC has been launched on the XRP Ledger, and developers, institutions, and users on the XRP Ledger will receive support for the native stablecoin.

Gate News bot reports that Ripple CEO Brad Garlinghouse predicted at the XRP Ledger Apex 2025 conference in Singapore that XRPL will capture 14% of SWIFT's global liquidity in the next five years. He also emphasized the importance of liquidity solutions for global financial transformation. Garlinghouse highlighted that the key to dominating global finance lies not in information transmission, but in controlling capital flows, which aligns with Ripple's vision: to take the lead in the liquidity-driven cross-border payment revolution. He stated, "SWIFT consists of two parts: messaging and liquidity. Liquidity is the key. If XRP can drive the development of the liquidity layer, it will reap enormous benefits."

PANews June 12 news, according to Beincrypto, Ripple CEO Brad Garlinghouse predicted at the XRP Ledger Apex 2025 event held in Singapore that the XRP Ledger (XRPL) is expected to capture 14% of SWIFT's global liquidity within five years. He emphasized that the role of XRP is to drive liquidity rather than replace SWIFT's communication layer. Ripple announced at the conference the launch of sidechains compatible with the Ethereum Virtual Machine and strengthened its support for the tokenization of real assets.

Gate News bot, at the XRP Ledger Apex 2025 summit, Ripple CEO Brad Garlinghouse elaborated on the future development of XRP Ledger. He made it clear that XRP is positioned to drive liquidity, not to replace the SWIFT messaging system. According to its plan, XRP Ledger will reach its goal of capturing 14% of SWIFT's global liquidity within five years. In addition, Ripple officially announced the launch of the EVM sidechain and supports the tokenization of assets such as US Treasury bonds, reflecting its layout in the field of financial infrastructure. Source: BeInCrypto

Ripple (XRP), a cryptocurrency focused on payments, is trading at the lower end of Ichimoku (Ichimoku). Ichimoku is a momentum indicator based on multiple moving average variants, created by a Japanese journalist in the 60s of the 20th century. The crossover above and below the cloud chart represents a bullish and bearish shift in momentum. When the price of an asset falls below the cloud chart, such as the price of Dogecoin earlier this month, it usually signals a bearish trend. Traders often interpret this as a signal to consider selling or shorting the asset, especially if it is also confirmed by other macro or technical indicators. XRP's 50-day moving average has broken below the 200-day moving average, confirming the so-called death cross, which is a bearish indicator. As a result, a break below the Ichimoku cloud could cause its price to fall below $2.

Gate News bot news, the encryption asset management company 3iQ announced on Wednesday that it has launched an XRP exchange-traded fund on the Toronto Stock Exchange (ETF). The 3iQ XRP ETF (TSX: XRPQ) has a management fee of 0% for the first six months and can be invested through Canadian registered accounts. The company is listed on the Toronto Stock Exchange and accredited investors worldwide can participate, but must comply with local regulations. Earlier this week, the asset management company Purpose Investments announced that its XRP Spot ETF will begin trading on Wednesday on the Toronto Stock Exchange (code: XRPP).

Odaily News 3iQ, a cryptocurrency asset management company, has launched the 3iQ XRP ETF (XRPQ) on the Toronto Stock Exchange. The 3iQ XRP ETF will be launched with a 0% management fee for the first six months and can be invested through registered accounts in Canada, its listing is on TSX.

Golden Finance reported that asset management giant Evolve Funds Group has announced the launch of the Evolve XRP ETF, which has now submitted its final prospectus and will be listed on the Toronto Stock Exchange (TSX), with trading expected to commence on June 18 local time. The net asset value of the ETF will be based on the CF XRP-USD reference Exchange Rate published daily by the Chicago Mercantile Exchange (CME).

According to Gate News bot, XRP is facing increased selling pressure against the backdrop of heightened macroeconomic uncertainty. The ongoing US-China trade friction, mixed central bank policy signals, and the impact of recent ETF rejections have depressed sentiment in risk asset markets. Meanwhile, traders are keeping a close eye on Ripple's RLUSD stablecoin deployment, as well as regional regulatory milestones in Dubai and Singapore, where Ripple's infrastructure continues to expand. However, none of these developments have brought a short-term boost, and XRP has fallen nearly 9% for the week. Market watchers note that a descending channel is forming on the XRP hourly chart, which is a bearish continuation signal with a surge in volume on a test of key resistance levels. Analysts warn that unless buyers are able to reclaim the $2.20 level, the price action could fall further towards the $2.10 area.

Gate News bot message, FXStreet analyst Manish Chhetri stated that the price of Ripple (XRP) attempted to close above the 50-day moving average of $2.24 on Monday but failed to succeed, falling 3.53% the next day. As of Wednesday when this article was written, its trading price was around $2.16.

Gate News bot message, Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) prices hovered around key levels on Wednesday after falling the previous day. As concerns grow over the potential U.S. intervention in the escalating conflict between Israel and Iran, the crypto assets market has turned to safe-haven assets. These escalating geopolitical conflicts may trigger market risk aversion, indicating that major digital assets could fall further.

According to Gate News bot, Canadian company Evolve Funds Group Inc., managing $7 billion in assets, announced on June 16 that it has submitted a final prospectus to launch the Evolve XRP ETF on the Toronto Stock Exchange (TSX). The XRP exchange-traded fund (ETF) is expected to begin trading on June 18, with stock codes XRP (CAD Unhedged) and XRP.U (USD), pending final approval from TSX.

Gate News bot message, the SEC and Ripple Labs notified the U.S. Court of Appeals for the Second Circuit on June 16 that they are jointly seeking to pause the appeal while awaiting a ruling from the district court, which could lead to a resolution of the lawsuit regarding the sale of Ripple (XRP) coin.

Gate News bot message, market expert "Crypto Michael" recently released a technical chart on X (formerly Twitter) showing that Ripple (XRP) has been consolidating for seven months after an astonishing 700% price rise, and this rise was triggered by a breakout from a multi-year symmetrical triangle pattern. The chart is based on a 3-month Candlestick Chart, showing that XRP has experienced significant price compression over seven years within the triangle pattern.

Odaily News According to official news, Ondo short-term U.S. government bonds (OUSG) are now available for qualified purchasers on the XRP ledger, and seamless minting/exchange functionality is achieved through RLUSD. For the first time, qualified purchasers can use Ripple's enterprise-grade stablecoin RLUSD for seamless subscription and exchange of OUSG on the XRPL around the clock.

Gate News bot reported that VivoPower International (VVPW), a NASDAQ-listed company, will adopt a digital asset financial strategy and plans to invest $100 million in XRP. The company announced on Wednesday that it has partnered with Layer 1 blockchain Flare to deploy $100 million worth of XRP to generate yield on its treasury holdings. The initiative marks the first large-scale adoption of the Flare FAssets system, which enables non-smart contract tokens such as XRP to interact with DeFi protocols. VivoPower plans to generate yield through Flare-native protocols such as Firelight and reinvest the proceeds to expand its XRP holdings. The company said it will also adopt payments firm Ripple's RLUSD stablecoin as its cash equivalent reserves.

Gate News bot news, Ondo Finance's tokenization of US Treasury bonds is launched on the XRP Ledger, enabling seamless minting and redemption through Ripple's stablecoin RLUSD, thereby facilitating institutional access.

Gate News bot message, the Digital Commercial Paper DCP has been launched on the XRP Ledger ( XRPL ). This paper is a fixed-income asset backed by U.S. Treasury securities, rated Prime-1 by Moody's. DCP is managed by Guggenheim Treasury Services, which is one of the "largest independent commercial paper platform management companies in the world and a wholly-owned subsidiary of Guggenheim Capital, LLC. DCP is tokenized, issued, and managed through the Zeconomy platform.

Gate News bot news, Ripple's Product Management Director Jaazi Cooper and Chief Technology Officer David Schwartz stated at the APEX 2025 conference held in Singapore that a decentralized Layer 1 blockchain XRP Ledger (XRPL) compatible with the Ethereum Virtual Machine (EVM) will launch in the second quarter. It was introduced that this EVM sidechain will allow users to earn through DeFi applications (such as liquidity pools and smart contracts interaction).

Gate News bot news, Ripple Labs CEO Brad Garlinghouse stated at the Ripple (XRP) community conference XRP Ledger Apex held in Singapore that he remains optimistic about stablecoins, a viewpoint recently reinforced by Circle's IPO. Garlinghouse said: "Circle's IPO has obviously gone very smoothly. This reflects the interest of investors (including institutional investors and retail investors) in Crypto Assets. The future of finance will be based on Blockchain." He pointed out that one factor for the success of Circle's IPO is the fundamental belief in the passing of the U.S. stablecoin legislation, the GENIUS Act.

Gate News bot news, in the past month, XRP's price has been fluctuating between $2.05 and $2.40, forming a bull flag consolidation pattern on the weekly chart. Since February 1, XRP has been consolidating below $3.00. However, analysts believe that if XRP breaks out like it did in 2017, its price could rebound significantly from current levels. Analyst Mikybull Crypto stated that XRP's price movement over the past three weeks seems to follow the strategy of 2017, when XRP broke out from the bull flag pattern and rose over 1,300%, reaching around $3.40, its historical high.

Gate News bot reports that on-chain data from Santiment shows that ecological activity on the XRP Ledger is becoming increasingly active due to various factors. In the past week, the number of daily active addresses for XRP surged to 295,000. Over the past three months, the daily average number of active addresses for XRP has hovered between 35,000 and 40,000, which is a sevenfold increase compared to the average of the previous three months, indicating a significant rise in on-chain activity. The data also shows a surge in the number of on-chain whale wallets. Currently, there are 2,708 wallets holding at least 1 million XRP, marking a high point since 2012, with each wallet's XRP holdings valued at approximately $2.25 million.

Gate News bot message, market expert Crypto Eri emphasizes through detailed mathematical calculations that if Ripple (XRP) accounts for 14% of SWIFT's annual cross-border transaction volume, it could impact the supply and daily volume of XRP. Notably, this market expert highlights that if Ripple is to handle such a large proportion of XRP (approximately $4.2 trillion), then only a very small portion of the total supply of XRP would be needed to support this transaction.

Gate News bot message, external lawyer Bill Morgan is an Australian lawyer who supports Ripple (XRP), and his posts are often widely circulated among XRP holders. He warns that the mood of the court can be seen solely based on timing, believing that one cannot expect to see the conclusion of the XRP lawsuit in a few weeks.

Financial services firm Guggenheim Treasury Services announced the launch of digital commercial paper (DCP) on Ripple's XRP Ledger, providing institutional investors with access to short-term debt instruments through a decentralized financial network, Golden Finance reported. The product, which is backed by U.S. Treasuries, will take advantage of the XRP Ledger's round-the-clock trading, fast settlement, and low-cost trading. As part of the partnership, Ripple will invest $10 million in the DCP project.

Recently, several companies with smaller market capitalizations announced plans to purchase large amounts of altcoins such as XRP and Solana. Expert Matt Sigel stated that this could be an attempt by insiders to inflate the stock prices of these companies, suggesting that there may be an eyewash behind it.