AEON — a giant in the Web3 payment sphere. They have now entered into a partnership agreement with Ripple to include XRP and RLUSD as payment options in their application.
Now users can pay with XRP/RLUSD at over 20 million retail locations worldwide.
Initially, AEON Pay will be launched in Southeast Asia.
#XRP Ripple is set to acquire several companies – David Schwartz
Representatives of Ripple are actively negotiating several merger and acquisition deals.
In April, Ripple announced the acquisition of the broker Hidden Road for $1.25b.
➥ Other plans: enhancing the programmability of XRP Ledger, adding new features (similar to Ethereum), launching smart contracts for payment management, with a lending protocol for XRP Ledger scheduled for the third quarter
The court has again rejected the request from Ripple and the SEC for a partial reconsideration of the final decision (completion of the legal proceedings). The regulator is seeking to reduce the fine for Ripple (from $125m to $50m) and lift all legal restrictions.
Ripple integrates Wormhole for cross-chain transfers on XRPL.
ℹ️ This will allow transfer of XRPL assets (including XRP, tokens, and MPT) between 35+ blockchains, as well as interaction with smart contracts via cross-chain messages. Wormhole serves over 200 applications, and clients include BlackRock, Securitize, and Apollo. XRPL also supports the Axelar protocol for cross-chain interaction.
Baanx has launched support for BNB in its cryptocurrency cards for users in the UK, EU, and Latin America, allowing them to spend BNB tokens at over 100 million merchants that accept Mastercard and Visa, with plans for expansion to the US in the future.
XRP Ledger has been updated to version 2.5.0: This update improves the network's performance for handling more transactions and fixes numerous bugs for more stable blockchain operation.
Key innovations: - TokenEscrow - support for escrow for all types of tokens. - Batch - atomic execution of a group of transactions. - PermissionedDEX - DEX with restricted access for participants. - PermissionDelegation - delegation of rights between accounts. - AMMv1_3 - improvements to automated market makers. - EnforceNFTokenTrustlineV2 - fixes for NFTs. - PayChanCancelAfter - fixes for payment channels.
According to Bloomberg exchange analysts Eric Balchunas and James Seyffart, the probability of SEC approval by the end of the year for spot ETFs based on Solana, Litecoin, and XRP has exceeded 90%. The experts called the regulator's increased interaction with potential issuers a positive signal.
Earlier, they suggested the onset of a "summer of altcoin ETFs," which could begin in July with the SEC registering spot funds based on a basket of cryptocurrencies.
How much crypto is held by the dead? According to experts, wallets of deceased individuals may permanently hold between 1 to 4 million BTC. That’s 65–260$ billion that no one will ever spend again.
A typical case is the head of the QuadrigaCX exchange, who died in 2018. With him, 190$ million in crypto disappeared. Or maybe Satoshi himself has long been gone — his 1.1 million BTC has not been touched since 2010.
In light of all this, the founder of Binance urged exchanges to implement a “crypto-will” feature.
So, perhaps, great-great-grandchildren will someday be able to sell ETH for 3000$ 🙏🏼
⚪️The Fed forecasts 2 interest rate cuts this year. ⚪️The level of uncertainty has decreased, but remains elevated. ⚪️The Fed has lowered its GDP growth forecast for the US in 2025 to +1.4%. ⚪️The Fed has raised its inflation forecast to +3%. ⚪️The unemployment rate remains low, labor market conditions are stable. ⚪️Inflation remains somewhat elevated. ⚪️The Fed removed the wording about the risks of higher unemployment and inflation.
The largest accumulation of Ethereum since 2017 — Glassnode.
Over the week, daily accumulations by large players exceed 800,000 $ETH, which has increased the volume in wallets with a balance of 1,000 to 10,000 $ETH to more than 14.3 million $ETH.
On June 12 alone, large players added over 871,000 $ETH. Such a scale of purchases has not been observed since 2017.
Starting June 18th, the first spot ETF on XRP is launching in Canada — from Purpose Investments.
Trading will commence on the Toronto Stock Exchange, with direct access, no crutches needed. What this means: Now XRP can be held through a regular brokerage account — just like stocks.
Available in CAD and USD, it even qualifies for pension and savings programs. This is the first such ETF in the world — and it's not an experiment, but a precedent.
The Canadian regulator (OSC) has officially given the green light. This means: the game is becoming institutional.
XRP is not a hype, it's a slow tank that crushes with time. And if the ETF is allowed on the stock exchange — it means the entry is not through a window, but through the front door. Of course, everyone has long been waiting for this tank to start crushing... And every day we endure its small rises and falls, but I am sure - The best times for XRP are ahead.