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XRP-ETFs: “Hold ten billion US dollars for a very safe bet”
The XRP price has surged by nearly ten percent within a few days, reaching over three US dollars. Steven McClurg, CEO of ETF issuer Canary Capital, sees significant potential for XRP ETFs, predicting inflows in the billions. He stated, “I consider ten billion US dollars in inflows to be a very safe bet,” up from his previous estimate of five billion US dollars in the first month. McClurg referenced the launch of the first Bitcoin futures ETF, which attracted over one billion US dollars on its first trading day.
According to McClurg, XRP ETFs could raise two to three billion US dollars in their initial days, potentially ranking among the top twenty ETF launches in history, depending on market sentiment at the time of approval. However, all decisions regarding ongoing applications for exchange-traded XRP funds are currently on hold due to the US government shutdown. The SEC is reviewing six proposals from Grayscale, 21Shares, Bitwise, WisdomTree, Canary Capital, and CoinShares.
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“I consider ten billion US dollars in inflows to be a very safe bet.” - Steven McClurg
Key Takeaways: The XRP price has increased significantly, and there is optimism about the potential for XRP ETFs to attract substantial investments, pending regulatory approvals.
Ripple CTO Discusses New World Reserve: Why XRP is Central
David Schwartz, the CTO of Ripple, has sparked discussions about the future of global reserve currencies, suggesting that the US dollar may be losing its dominance. Schwartz proposed the idea of a neutral digital currency, potentially based on XRP, as an alternative to the dollar, which many countries are increasingly dissatisfied with due to its political influences.
He compared the current situation to past banking developments where smaller banks resisted control by larger financial institutions. Schwartz believes that a neutral digital currency could foster greater balance and trust among nations. He emphasized that while XRP is designed for efficient international payments, it must overcome regulatory hurdles and build trust before it can serve as a stable reserve currency.
Key Takeaways: Schwartz's comments highlight the potential for XRP to play a significant role in a future financial system as a neutral digital reserve currency, amidst growing dissatisfaction with the US dollar.
XRP: Now It’s Finally Happening!
XRP showed a promising start over the weekend, rising by 2.4% to reach 3.04 US dollars. However, gains were later reduced, and the cryptocurrency is now struggling to maintain the 3-dollar mark. Despite this, market observers note that XRP is technically in a strong position, remaining above key moving averages.
There is a growing expectation among institutional investors preparing to enter the crypto market, which could provide additional momentum for XRP. The upcoming regulatory changes in the US and Europe are also seen as potential catalysts for increased adoption of XRP in international transactions.
Key Takeaways: XRP's recent price movements indicate a strong technical position, and upcoming regulatory changes could enhance its appeal to institutional investors.
XRP Cloud Mining Trends – How Smartphones Simplify Entry into Crypto
Experts are observing a clear trend towards cloud mining services via smartphones, particularly among investors aged 25 to 60. The introduction of new crypto ETFs and clearer regulations, such as the EU's MiCA framework, is boosting market confidence. The BAY Miner App is positioning itself as a provider that allows users to engage in cloud mining and receive daily USD payouts without needing hardware.
Recent market data shows significant inflows into XRP-related products in the US and Europe, with trading volumes increasing by over 30%. Analysts interpret this as a sign of growing institutional demand, and the introduction of more crypto ETFs is expected to further strengthen the acceptance of digital assets.
Key Takeaways: The trend towards smartphone-based cloud mining is gaining traction, and the BAY Miner App offers a user-friendly way for investors to engage in crypto without technical barriers.
XRP: Everything is Over!
XRP faced a slight downturn at the beginning of the weekend, dropping by 1.5% to 2.995 US dollars. Despite this, the cryptocurrency remains above the psychologically significant 3-dollar mark. Market sentiment is mixed, with some skeptics pointing to a lack of institutional momentum, while optimists anticipate upcoming catalysts.
The CME Group's announcement to allow crypto futures permanently starting in 2026 is expected to create a new framework for digital assets like XRP, potentially increasing its institutional presence. Currently, XRP is positioned on solid ground, with the 3-dollar level serving as a base for future movements.
Key Takeaways: Despite recent price fluctuations, XRP maintains a solid technical foundation, and upcoming regulatory developments could provide new growth opportunities.
XRP: Price from Now On!
XRP has shown signs of life towards the end of the weekend, initially rising by 2.4% to 3.04 US dollars, but later retracting to around 2.99 US dollars. This fluctuation indicates that the 3-dollar mark is a contested level. Market interest in digital currencies is increasing, with several planned funds integrating cryptocurrencies into regulated products.
Market participants are closely monitoring developments at the CME Group, which has announced plans to allow crypto futures permanently from 2026. This move is expected to enhance institutional confidence and facilitate entry into the market for XRP.
Key Takeaways: XRP's recent price activity reflects a stable technical position, and the anticipated regulatory changes could lead to increased institutional investment.
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