Crypto News Xrp

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Texas Governor Abbott has until Sunday to sign or veto Bill SB 21 regarding Bitcoin reserves.

If he takes no action before the deadline, the bill automatically becomes law under the Texas Constitution.

#XRPCommunity #SECGov v. #Ripple #XRP In light of the pending motion for a declaratory judgment, the parties have requested that the Second Circuit continue to hold the appeals in abeyance, with the @SECGov to submit a status report before August 15, 2025.

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Purpose Investments is set to launch the Purpose XRP ETF on the Toronto Stock Exchange on Wednesday, June 18, after receiving final regulatory approval from the OSC.

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The Senate will hold its final vote on the GENIUS bill tomorrow at 4:30 PM, the last before the legislation moves to the House of Representatives.

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The founder of #Cardano, Charles Hoskinson, proposed a plan to integrate #XRP into the sidechain of the #Defi ecosystem of Cardano Midnight. Once bridged, the XRP tokens would have access to Cardano's native DeFi services, such as staking, yield farming, lending, and liquidity pools.

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The U.S. and the United Kingdom officially sign documents to finalize a new trade agreement.

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Purpose Investments, an asset manager with over $24 billion in assets under management, has announced the launch of its Purpose $XRP SPOT ETF on June 18, 2025.

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JPMorgan registers the cryptocurrency trademark "JPMD" for trading and payment services.

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First - Canadian Spot XRP ETF (XRPP) to be launched on June 18 - TORONTO STOCK EXCHANGE!💥📈

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Key week for the markets: Interest rate decisions and economic projections in focus

This week, investors in financial markets, especially in cryptocurrencies like Bitcoin, are paying close attention to macroeconomic events that could define global trends. Monetary policy decisions in Japan and the U.S., along with key economic indicators, will be crucial for anticipating movements in risk assets. Below is a summary of the events and their possible impact in more accessible language focused on retail investors.

🔴Tuesday - Interest rate decision in Japan:
Japan is likely to keep its interest rate at 0.50%.
Investors fear that signals of future rate hikes will force the selling of assets to cover yen loans, negatively affecting the markets.
🔴Wednesday - Projections and rates in the U.S.:
The Federal Reserve (FED) should keep its rate at 4.50%.
The most important aspect will be the economic projections: markets expect two rate cuts this year and the end of quantitative tightening (QT). This would boost assets like stocks and cryptocurrencies.
🔴Friday - Philadelphia Manufacturing Index:
An improvement from -4.0 to -1.2 is expected, indicating a more robust economy and reducing concerns about a recession.

Possible scenarios:
Best case: Japan rules out rate hikes, the FED projects cuts, and ends QT, encouraging investment in risk assets.
Worst case: The FED signals that inflation, driven by oil, will prevent rate cuts, which could lead to massive selling in the markets.

Why it matters:
Low rates facilitate access to capital, boosting investments in stocks and cryptocurrencies. Any signal of monetary tightening could generate volatility, while expansive policies would be a bullish catalyst for the markets. Investors should pay attention to central bank statements to adjust their strategies.

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MemeStrategy, from Hong Kong, becomes the first company listed in HK to invest in the Solana ecosystem, acquiring 2,440 $SOL for an approximate value of 2.9 million HKD.

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THE VOLUME OF $XRP INCREASED BY NEARLY 50%

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The social of the truth of President Trump signs on for $BTC and $ETH ETF.

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Historically, the #BTC ceiling occurs when the simple moving average of 200 crosses the previous all-time high.

Key to keep this in mind to see if history repeats itself, for now this has NOT OCCURRED yet.

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TRON, by Justin Sun, will go public in the U.S. through a reverse merger with SRM Entertainment, which is listed on Nasdaq, while the SEC suspends its investigation for fraud.

The deal, backed by an investment bank linked to Trump, will form "Tron Inc.", in which Eric Trump is expected to participate.

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The Moscow Exchange, the largest exchange in Russia, has started to publish a #Bitcoin index

NATIONS know that omitting $BTC means LOSING ECONOMIC DOMINANCE

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Tom Lee, founder of Fundstrat, claims that #Bitcoin is responding to the GLOBAL LIQUIDITY that is increasing "there is a lot of upside potential this year"

The more money in circulation that can be used to INVEST in $BTC, the better for the price

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Coinshares presents the S-1 for the Solana $SOL spot ETF.

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Whale and retail investor Bitcoin inflows on Binance drop to historical cycle lows, indicating a strong preference to hold as both groups anticipate more increases.

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BlackRock spot Bitcoin ETF bought a total of 10,290 $BTC this week while only about 3,150 were mined on average.