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Crypto Price Prediction Today 11 June – XRP, Shiba Inu, Pepe
Investor confidence in the crypto market is growing rapidly, largely spurred by Bitcoin’s historic surge to a price peak of $111,814 just last month.
Over the past day, Bitcoin ($BTC)—the premier digital asset—has risen by 1.3%, hovering close to $110,053. This places it just shy of 1.5% below its all-time high, creating anticipation for a potential crypto price breakout that could occur as early as tonight.
Riding on Bitcoin’s momentum, popular meme tokens such as Pepe, Trump, SPX6900, and FartCoin have also achieved impressive performance milestones over the last half-year.
With that context, let’s explore a few altcoins—including two leading meme coins—that many analysts believe are positioned for major price moves in this ongoing bull cycle.Ripple (XRP): The Leading Crypto in Cross-Border Payments Blew Up 384% in Price Last Year
Ripple’s XRP continues to serve as a key connector between traditional finance and decentralized networks, especially in the global remittances space.
Recognized for its fast and cost-effective transactions, XRP has caught the attention of major global institutions—including the United Nations—as a viable platform for regulatory-compliant international payment systems.
The token has also been at the center of a protracted legal battle with U.S. regulators since December 2020, symbolizing broad industry resistance to the regulation-by-enforcement approach of the Biden-era SEC.
A breakthrough occurred in 2023, when a federal judge determined that XRP sales to retail buyers did not constitute securities—effectively challenging years of SEC claims during the Biden administration. The legal saga concluded in early 2025 when the SEC dropped the case.
Over the past year, XRP has outperformed Bitcoin, posting a 384% gain versus BTC’s 64.9% increase.
Technical analysis shows a bullish flag pattern forming from late 2023 to April 2024, typically a sign of an impending upward price movement.
Should this trend continue, XRP could challenge the $3.50 mark this summer, surpassing its previous peak of $3.40 set back in January 2018.Pepe ($PEPE): The Amphibian Meme That’s Leaping Ahead
Inspired by Matt Furie’s iconic internet frog, Pepe ($PEPE) has emerged as a dominant force in the meme coin scene, delivering large returns for early supporters. Since late 2024, it has consistently ranked in the top three meme coins by performance.
Launched in April 2023, Pepe has inspired a wave of imitators, none of which have matched its cultural or financial impact. Its popularity even drew subtle nods from Elon Musk, CEO of Tesla, SpaceX, and X, who posted a couple of tweets seemingly referencing the token and briefly .
//Crypto Price Prediction Today 11 June – XRP, Shiba Inu, Pepe
Crypto Price Prediction Today 11 June – XRP, Shiba Inu, Pepe
Jun 11, 2025, 17:10 GMT-43 min read
USDTUSD+0.01%ETHUSD−1.86%
Investor confidence in the crypto market is growing rapidly, largely spurred by Bitcoin’s historic surge to a price peak of $111,814 just last month.
Over the past day, Bitcoin ($BTC)—the premier digital asset—has risen by 1.3%, hovering close to $110,053. This places it just shy of 1.5% below its all-time high, creating anticipation for a potential crypto price breakout that could occur as early as tonight.
Riding on Bitcoin’s momentum, popular meme tokens such as Pepe, Trump, SPX6900, and FartCoin have also achieved impressive performance milestones over the last half-year.
With that context, let’s explore a few altcoins—including two leading meme coins—that many analysts believe are positioned for major price moves in this ongoing bull cycle.Ripple (XRP): The Leading Crypto in Cross-Border Payments Blew Up 384% in Price Last Year
Ripple’s XRP continues to serve as a key connector between traditional finance and decentralized networks, especially in the global remittances space.
Recognized for its fast and cost-effective transactions, XRP has caught the attention of major global institutions—including the United Nations—as a viable platform for regulatory-compliant international payment systems.
The token has also been at the center of a protracted legal battle with U.S. regulators since December 2020, symbolizing broad industry resistance to the regulation-by-enforcement approach of the Biden-era SEC.
A breakthrough occurred in 2023, when a federal judge determined that XRP sales to retail buyers did not constitute securities—effectively challenging years of SEC claims during the Biden administration. The legal saga concluded in early 2025 when the SEC dropped the case.
Over the past year, XRP has outperformed Bitcoin, posting a 384% gain versus BTC’s 64.9% increase.
Technical analysis shows a bullish flag pattern forming from late 2023 to April 2024, typically a sign of an impending upward price movement.
Should this trend continue, XRP could challenge the $3.50 mark this summer, surpassing its previous peak of $3.40 set back in January 2018.Pepe ($PEPE): The Amphibian Meme That’s Leaping Ahead
Inspired by Matt Furie’s iconic internet frog, Pepe ($PEPE) has emerged as a dominant force in the meme coin scene, delivering large returns for early supporters. Since late 2024, it has consistently ranked in the top three meme coins by performance.
Launched in April 2023, Pepe has inspired a wave of imitators, none of which have matched its cultural or financial impact. Its popularity even drew subtle nods from Elon Musk, CEO of Tesla, SpaceX, and X, who posted a couple of tweets seemingly referencing the token and briefly .
😉 — Elon Musk (@elonmusk)
Currently trading around $0.00001322, PEPE has gained 3.6% in the last 24 hours, outpacing all top-five meme coins by market cap. With a valuation exceeding $5.5 billion, it stands as the most prominent meme coin not linked to the Dogecoin universe.
Despite its recent growth, PEPE is still 52.8% below its December 2024 high of $0.00002803.
Chart analysts point to a descending wedge pattern between November and March—a setup that typically suggests bullish potential. Many anticipate this could lead to a new all-time high before summer ends, as trading volumes and investor enthusiasm ramp up.Shiba Inu ($SHIB): Ethereum’s Biggest Meme Coin Could 3X Over Summer
Since launching in August 2020, Shiba Inu ($SHIB) has become the second-most well-known meme token, trailing only Dogecoin. It now commands a market cap of $8 billion.
Trading at $0.0000135 after a 4.3% gain in the past 24 hours, SHIB is showing strong upward momentum. Analysts have identified two bullish technical formations: a descending wedge spanning from November to March and a bullish flag beginning in mid-May, both suggesting a possible sharp rally.
Key resistance is expected at $0.000022, but strong market conditions or favorable news could drive SHIB past $0.00003 this summer. From there, prices could double or even triple, with projections ranging from $0.00006 to $0.00009 by year’s end.
What distinguishes SHIB from other meme coins is its shift toward real-world utility. Built on Ethereum and enhanced by its proprietary Layer-2 solution, Shibarium, SHIB is designed to improve speed, reduce fees, and offer enhanced scalability and privacy.SUBBD ($SUBBD): A Fixed Price Crypto Presale for a Platform Bringing AI, Blockchain, and the Creator Economy Together
As seasoned investors scout for emerging opportunities, early-stage crypto tokens are gaining attention, particularly those in presale, which often offer high upside before broader market exposure.
One such up-and-coming project is SUBBD ($SUBBD), which seeks to revolutionize the $85 billion content creator economy through the integration of blockchain and artificial intelligence.
SUBBD’s mission is to give creators greater autonomy, minimizing fees and allowing for direct engagement with their audience—sidestepping the traditional gatekeepers and high commission rates of existing platforms.
The platform is cultivating an inclusive digital ecosystem for creators to flourish. It has already raised over $647,500 in initial funding, with its token currently priced at $0.05575 during the presale phase.
Token holders receive access to an exclusive members-only platform offering premium tools, early-access features, and other exclusive benefits. Additionally, SUBBD offers a 20% fixed annual staking reward, appealing to long-term crypto investors.
Over the past day, Bitcoin ($BTC)—the premier digital asset—has risen by 1.3%, hovering close to $110,053. This places it just shy of 1.5% below its all-time high, creating anticipation for a potential crypto price breakout that could occur as early as tonight.
Riding on Bitcoin’s momentum, popular meme tokens such as Pepe, Trump, SPX6900, and FartCoin have also achieved impressive performance milestones over the last half-year.
With that context, let’s explore a few altcoins—including two leading meme coins—that many analysts believe are positioned for major price moves in this ongoing bull cycle.Ripple (XRP): The Leading Crypto in Cross-Border Payments Blew Up 384% in Price Last Year
Ripple’s XRP continues to serve as a key connector between traditional finance and decentralized networks, especially in the global remittances space.
Recognized for its fast and cost-effective transactions, XRP has caught the attention of major global institutions—including the United Nations—as a viable platform for regulatory-compliant international payment systems.
The token has also been at the center of a protracted legal battle with U.S. regulators since December 2020, symbolizing broad industry resistance to the regulation-by-enforcement approach of the Biden-era SEC.
A breakthrough occurred in 2023, when a federal judge determined that XRP sales to retail buyers did not constitute securities—effectively challenging years of SEC claims during the Biden administration. The legal saga concluded in early 2025 when the SEC dropped the case.
Over the past year, XRP has outperformed Bitcoin, posting a 384% gain versus BTC’s 64.9% increase.
Technical analysis shows a bullish flag pattern forming from late 2023 to April 2024, typically a sign of an impending upward price movement.
Should this trend continue, XRP could challenge the $3.50 mark this summer, surpassing its previous peak of $3.40 set back in January 2018.Pepe ($PEPE): The Amphibian Meme That’s Leaping Ahead
Inspired by Matt Furie’s iconic internet frog, Pepe ($PEPE) has emerged as a dominant force in the meme coin scene, delivering large returns for early supporters. Since late 2024, it has consistently ranked in the top three meme coins by performance.
Launched in April 2023, Pepe has inspired a wave of imitators, none of which have matched its cultural or financial impact. Its popularity even drew subtle nods from Elon Musk, CEO of Tesla, SpaceX, and X, who posted a couple of tweets seemingly referencing the token and briefly .
//Crypto Price Prediction Today 11 June – XRP, Shiba Inu, Pepe
Crypto Price Prediction Today 11 June – XRP, Shiba Inu, Pepe
Jun 11, 2025, 17:10 GMT-43 min read
USDTUSD+0.01%ETHUSD−1.86%
Investor confidence in the crypto market is growing rapidly, largely spurred by Bitcoin’s historic surge to a price peak of $111,814 just last month.
Over the past day, Bitcoin ($BTC)—the premier digital asset—has risen by 1.3%, hovering close to $110,053. This places it just shy of 1.5% below its all-time high, creating anticipation for a potential crypto price breakout that could occur as early as tonight.
Riding on Bitcoin’s momentum, popular meme tokens such as Pepe, Trump, SPX6900, and FartCoin have also achieved impressive performance milestones over the last half-year.
With that context, let’s explore a few altcoins—including two leading meme coins—that many analysts believe are positioned for major price moves in this ongoing bull cycle.Ripple (XRP): The Leading Crypto in Cross-Border Payments Blew Up 384% in Price Last Year
Ripple’s XRP continues to serve as a key connector between traditional finance and decentralized networks, especially in the global remittances space.
Recognized for its fast and cost-effective transactions, XRP has caught the attention of major global institutions—including the United Nations—as a viable platform for regulatory-compliant international payment systems.
The token has also been at the center of a protracted legal battle with U.S. regulators since December 2020, symbolizing broad industry resistance to the regulation-by-enforcement approach of the Biden-era SEC.
A breakthrough occurred in 2023, when a federal judge determined that XRP sales to retail buyers did not constitute securities—effectively challenging years of SEC claims during the Biden administration. The legal saga concluded in early 2025 when the SEC dropped the case.
Over the past year, XRP has outperformed Bitcoin, posting a 384% gain versus BTC’s 64.9% increase.
Technical analysis shows a bullish flag pattern forming from late 2023 to April 2024, typically a sign of an impending upward price movement.
Should this trend continue, XRP could challenge the $3.50 mark this summer, surpassing its previous peak of $3.40 set back in January 2018.Pepe ($PEPE): The Amphibian Meme That’s Leaping Ahead
Inspired by Matt Furie’s iconic internet frog, Pepe ($PEPE) has emerged as a dominant force in the meme coin scene, delivering large returns for early supporters. Since late 2024, it has consistently ranked in the top three meme coins by performance.
Launched in April 2023, Pepe has inspired a wave of imitators, none of which have matched its cultural or financial impact. Its popularity even drew subtle nods from Elon Musk, CEO of Tesla, SpaceX, and X, who posted a couple of tweets seemingly referencing the token and briefly .
😉 — Elon Musk (@elonmusk)
Currently trading around $0.00001322, PEPE has gained 3.6% in the last 24 hours, outpacing all top-five meme coins by market cap. With a valuation exceeding $5.5 billion, it stands as the most prominent meme coin not linked to the Dogecoin universe.
Despite its recent growth, PEPE is still 52.8% below its December 2024 high of $0.00002803.
Chart analysts point to a descending wedge pattern between November and March—a setup that typically suggests bullish potential. Many anticipate this could lead to a new all-time high before summer ends, as trading volumes and investor enthusiasm ramp up.Shiba Inu ($SHIB): Ethereum’s Biggest Meme Coin Could 3X Over Summer
Since launching in August 2020, Shiba Inu ($SHIB) has become the second-most well-known meme token, trailing only Dogecoin. It now commands a market cap of $8 billion.
Trading at $0.0000135 after a 4.3% gain in the past 24 hours, SHIB is showing strong upward momentum. Analysts have identified two bullish technical formations: a descending wedge spanning from November to March and a bullish flag beginning in mid-May, both suggesting a possible sharp rally.
Key resistance is expected at $0.000022, but strong market conditions or favorable news could drive SHIB past $0.00003 this summer. From there, prices could double or even triple, with projections ranging from $0.00006 to $0.00009 by year’s end.
What distinguishes SHIB from other meme coins is its shift toward real-world utility. Built on Ethereum and enhanced by its proprietary Layer-2 solution, Shibarium, SHIB is designed to improve speed, reduce fees, and offer enhanced scalability and privacy.SUBBD ($SUBBD): A Fixed Price Crypto Presale for a Platform Bringing AI, Blockchain, and the Creator Economy Together
As seasoned investors scout for emerging opportunities, early-stage crypto tokens are gaining attention, particularly those in presale, which often offer high upside before broader market exposure.
One such up-and-coming project is SUBBD ($SUBBD), which seeks to revolutionize the $85 billion content creator economy through the integration of blockchain and artificial intelligence.
SUBBD’s mission is to give creators greater autonomy, minimizing fees and allowing for direct engagement with their audience—sidestepping the traditional gatekeepers and high commission rates of existing platforms.
The platform is cultivating an inclusive digital ecosystem for creators to flourish. It has already raised over $647,500 in initial funding, with its token currently priced at $0.05575 during the presale phase.
Token holders receive access to an exclusive members-only platform offering premium tools, early-access features, and other exclusive benefits. Additionally, SUBBD offers a 20% fixed annual staking reward, appealing to long-term crypto investors.
XRP Ledger Lands Major Institutional Win as $670M Treasury Fund Goes Live
XRP Ledger has secured a significant institutional victory with the launch of Ondo Finance's $670 million tokenized U.S. Treasury fund, marking the first major Treasury product to go live on Ripple's blockchain platform.
Ondo Finance's OUSG (Ondo Short-Term U.S. Government Treasuries) is now operational on XRPL, enabling qualified institutional investors to trade tokenized Treasury securities around the clock using Ripple's RLUSD stablecoin for settlement, the companies said in a statement on Wednsday.
OUSG has established itself as one of the largest tokenized Treasury products in the market, with over $670 million in total value locked, competing directly with offerings from financial giants BlackRock and Franklin Templeton. The fund was the first tokenized security to achieve material adoption and now brings that institutional credibility to XRPL.
"Ondo's OUSG going live on the XRPL demonstrates that tokenized finance is no longer theoretical, it's maturing in real markets," said Markus Infanger, SVP of RippleX. "Institutions can now access high-quality assets like U.S. Treasuries on public blockchains, with the compliance and efficiency they need."
The integration showcases XRPL's institutional-grade infrastructure, leveraging the platform's native tokenization support, built-in decentralized exchange, and compliance features like Decentralized Identifiers (DIDs). For institutions, this means accessing Treasury securities without traditional banking hours constraints or legacy settlement delays.
RLUSD serves as the bridge asset for seamless minting and redemptions, with liquidity commitments from both Ripple and Ondo ensuring strong initial momentum. This setup allows qualified purchasers to convert in and out of OUSG using a stable settlement model designed for capital efficiency.
The launch comes as tokenized U.S. Treasuries have surpassed $7 billion in total value locked across all platforms, with adoption accelerating rapidly. According to the BCG tokenization report, the most meaningful adoption is occurring with low-risk, high-utility assets like Treasuries when paired with scalable infrastructure and compliant on/off ramps.
For institutional investors managing liquidity across jurisdictions, tokenized Treasuries on XRPL unlock new operational possibilities. Traditional capital markets often struggle with fragmented settlement cycles and idle cash buffers, but blockchain-based Treasury products enable near-instant fund redeployment and round-the-clock access while maintaining compliance standards.
The OUSG deployment validates XRPL's positioning as institutional-grade infrastructure for tokenized finance, Ripple said. With upcoming features including Multi-Purpose Tokens (MPTs), lending protocols, and Permissioned Domains, XRPL is building comprehensive tools for traditional finance migration.
"This represents progress in bringing trusted financial assets into a 24/7 market—enabling greater liquidity, operational efficiency, and faster access to capital," Infanger added.#XRPledger
Ondo Finance's OUSG (Ondo Short-Term U.S. Government Treasuries) is now operational on XRPL, enabling qualified institutional investors to trade tokenized Treasury securities around the clock using Ripple's RLUSD stablecoin for settlement, the companies said in a statement on Wednsday.
OUSG has established itself as one of the largest tokenized Treasury products in the market, with over $670 million in total value locked, competing directly with offerings from financial giants BlackRock and Franklin Templeton. The fund was the first tokenized security to achieve material adoption and now brings that institutional credibility to XRPL.
"Ondo's OUSG going live on the XRPL demonstrates that tokenized finance is no longer theoretical, it's maturing in real markets," said Markus Infanger, SVP of RippleX. "Institutions can now access high-quality assets like U.S. Treasuries on public blockchains, with the compliance and efficiency they need."
The integration showcases XRPL's institutional-grade infrastructure, leveraging the platform's native tokenization support, built-in decentralized exchange, and compliance features like Decentralized Identifiers (DIDs). For institutions, this means accessing Treasury securities without traditional banking hours constraints or legacy settlement delays.
RLUSD serves as the bridge asset for seamless minting and redemptions, with liquidity commitments from both Ripple and Ondo ensuring strong initial momentum. This setup allows qualified purchasers to convert in and out of OUSG using a stable settlement model designed for capital efficiency.
The launch comes as tokenized U.S. Treasuries have surpassed $7 billion in total value locked across all platforms, with adoption accelerating rapidly. According to the BCG tokenization report, the most meaningful adoption is occurring with low-risk, high-utility assets like Treasuries when paired with scalable infrastructure and compliant on/off ramps.
For institutional investors managing liquidity across jurisdictions, tokenized Treasuries on XRPL unlock new operational possibilities. Traditional capital markets often struggle with fragmented settlement cycles and idle cash buffers, but blockchain-based Treasury products enable near-instant fund redeployment and round-the-clock access while maintaining compliance standards.
The OUSG deployment validates XRPL's positioning as institutional-grade infrastructure for tokenized finance, Ripple said. With upcoming features including Multi-Purpose Tokens (MPTs), lending protocols, and Permissioned Domains, XRPL is building comprehensive tools for traditional finance migration.
"This represents progress in bringing trusted financial assets into a 24/7 market—enabling greater liquidity, operational efficiency, and faster access to capital," Infanger added.#XRPledger
US, China reach deal to ease export curbs, keep tariff truce alive
LONDON, June 10 (Reuters) - U.S. and Chinese officials said on Tuesday they had agreed on a framework to put their trade truce back on track and remove China's export restrictions on rare earths while offering little sign of a durable resolution to longstanding trade differences.
At the end of two days of intense negotiations in London, U.S. Commerce Secretary Howard Lutnick told reporters the framework deal puts "meat on the bones" of an agreement reached last month in Geneva to ease bilateral retaliatory tariffs that had reached crushing triple-digit levels.
But the Geneva deal had faltered over China's continued curbs on critical minerals exports, prompting the Trump administration to respond with export controls of its own preventing shipments of semiconductor design software, chemicals and other technology goods to China.
Lutnick said the agreement reached in London would remove some of the recent U.S. export restrictions, but did not provide details after the talks concluded around midnight London time (2300 GMT).
"We have reached a framework to implement the Geneva consensus and the call between the two presidents," Lutnick said. "The idea is we're going to go back and speak to President Trump and make sure he approves it. They're going to go back and speak to President Xi and make sure he approves it, and if that is approved, we will then implement the framework."
In a separate briefing, China's Vice Commerce Minister Li Chenggang also said a trade framework had been reached that would be taken back to U.S. and Chinese leaders.#TrumpTariffs
LONDON, June 10 (Reuters) - U.S. and Chinese officials said on Tuesday they had agreed on a framework to put their trade truce back on track and remove China's export restrictions on rare earths while offering little sign of a durable resolution to longstanding trade differences.
At the end of two days of intense negotiations in London, U.S. Commerce Secretary Howard Lutnick told reporters the framework deal puts "meat on the bones" of an agreement reached last month in Geneva to ease bilateral retaliatory tariffs that had reached crushing triple-digit levels.
But the Geneva deal had faltered over China's continued curbs on critical minerals exports, prompting the Trump administration to respond with export controls of its own preventing shipments of semiconductor design software, chemicals and other technology goods to China.
Lutnick said the agreement reached in London would remove some of the recent U.S. export restrictions, but did not provide details after the talks concluded around midnight London time (2300 GMT).
"We have reached a framework to implement the Geneva consensus and the call between the two presidents," Lutnick said. "The idea is we're going to go back and speak to President Trump and make sure he approves it. They're going to go back and speak to President Xi and make sure he approves it, and if that is approved, we will then implement the framework."
In a separate briefing, China's Vice Commerce Minister Li Chenggang also said a trade framework had been reached that would be taken back to U.S. and Chinese leaders.#TrumpTariffs
Ripple vs. SEC: A Legal Battle Nearing Critical Juncture
Ripple vs. SEC: A Legal Battle Nearing Critical Juncture
The ongoing legal standoff between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is approaching a pivotal moment, with a key deadline on June 16, 2025, looming large. This date could determine the next phase of the years-long lawsuit, which has captivated the crypto world and significantly impacted XRP’s market dynamics.
Why June 16 Matters for Ripple and XRP
On May 15, Judge Analisa Torres rejected a joint motion from Ripple and the SEC that sought an indicative ruling to finalize a proposed settlement. The deal would have reduced Ripple’s penalty to $50 million and lifted the injunction on its institutional XRP sales. However, the judge deemed the motion procedurally improper, leaving both parties to refile under the correct rule.
Attorney Fred Rispoli highlighted the importance of the June 16 deadline, noting that if no new motion is filed by then, the Second Circuit Court of Appeals will proceed based on Judge Torres’s original rejection. This could restart the appeal process entirely, prolonging the case further. Alternatively, if a valid motion is pending, the court may grant an additional 60-day delay.
“The message by Torres was clear that both parties need to beg for forgiveness,” Rispoli stated. “Ripple will say whatever to get it done, but how much public groveling is the SEC willing to do?”
Settlement Rumors and Market Speculation
Amid the legal uncertainty, speculation has surged within the XRP community. Influencers like Brett Crypto have suggested that Ripple, the SEC, and Judge Torres may have reached a behind-the-scenes agreement, with Ripple allegedly coming out on top. While these claims remain unverified, they have fueled optimism among investors.
Adding to the buzz, crypto advocate Remi Relief posted on social media that a settlement announcement could arrive as early as June 13. This triggered a noticeable market reaction, with XRP’s price climbing over 4% in 24 hours to $2.25. Analysts believe that a confirmed settlement could spark a major rally, potentially pushing XRP beyond its all-time high of $3.84.
Legal Experts Urge Caution
Despite the market excitement, legal experts remain cautious. Former SEC Commissioner Marc Fagel dismissed the June 13 settlement rumors as “false,” urging investors to rely on official updates rather than speculation. Ripple itself has not issued any statements confirming a resolution, and Judge Torres’s recent rulings suggest that procedural hurdles remain.
Broader Implications for Crypto Regulation
The Ripple vs. SEC lawsuit carries significant implications for the broader crypto industry. At its core, the SEC alleges that Ripple conducted an unregistered securities offering by selling XRP. Ripple counters that XRP functions as a currency, not a security—a distinction that could shape how digital assets are regulated in the U.S.
A settlement could bring long-awaited clarity to the classification of digital assets, potentially unlocking institutional adoption and paving the way for Ripple’s expansion. Conversely, a prolonged legal battle or unfavorable ruling could reinforce calls for stricter oversight and limit XRP’s market potential.
XRP Price Outlook: Volatility Ahead
As of June 4, XRP is trading around $2.24, holding firm near its short-term resistance. Analysts suggest that a confirmed settlement could drive XRP into a new price discovery phase, with predictions ranging from $5 to beyond its previous highs. However, the lack of official confirmation and ongoing legal uncertainties mean that investors should remain cautious.
“A confirmed settlement would almost certainly spark a sharp rally,” said one crypto analyst. “We could see XRP push beyond its 2018 highs and enter a new price discovery phase.”
The Final Countdown
With the June 16 deadline fast approaching, all eyes are on Ripple, the SEC, and Judge Torres. Whether this marks the end of the legal saga or another chapter in the ongoing battle, the outcome will undoubtedly shape the future of XRP and the broader crypto market.
For now, the crypto community remains on high alert, bracing for what could be a historic resolution—or another missed opportunity#RippleVsSEC
The ongoing legal standoff between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is approaching a pivotal moment, with a key deadline on June 16, 2025, looming large. This date could determine the next phase of the years-long lawsuit, which has captivated the crypto world and significantly impacted XRP’s market dynamics.
Why June 16 Matters for Ripple and XRP
On May 15, Judge Analisa Torres rejected a joint motion from Ripple and the SEC that sought an indicative ruling to finalize a proposed settlement. The deal would have reduced Ripple’s penalty to $50 million and lifted the injunction on its institutional XRP sales. However, the judge deemed the motion procedurally improper, leaving both parties to refile under the correct rule.
Attorney Fred Rispoli highlighted the importance of the June 16 deadline, noting that if no new motion is filed by then, the Second Circuit Court of Appeals will proceed based on Judge Torres’s original rejection. This could restart the appeal process entirely, prolonging the case further. Alternatively, if a valid motion is pending, the court may grant an additional 60-day delay.
“The message by Torres was clear that both parties need to beg for forgiveness,” Rispoli stated. “Ripple will say whatever to get it done, but how much public groveling is the SEC willing to do?”
Settlement Rumors and Market Speculation
Amid the legal uncertainty, speculation has surged within the XRP community. Influencers like Brett Crypto have suggested that Ripple, the SEC, and Judge Torres may have reached a behind-the-scenes agreement, with Ripple allegedly coming out on top. While these claims remain unverified, they have fueled optimism among investors.
Adding to the buzz, crypto advocate Remi Relief posted on social media that a settlement announcement could arrive as early as June 13. This triggered a noticeable market reaction, with XRP’s price climbing over 4% in 24 hours to $2.25. Analysts believe that a confirmed settlement could spark a major rally, potentially pushing XRP beyond its all-time high of $3.84.
Legal Experts Urge Caution
Despite the market excitement, legal experts remain cautious. Former SEC Commissioner Marc Fagel dismissed the June 13 settlement rumors as “false,” urging investors to rely on official updates rather than speculation. Ripple itself has not issued any statements confirming a resolution, and Judge Torres’s recent rulings suggest that procedural hurdles remain.
Broader Implications for Crypto Regulation
The Ripple vs. SEC lawsuit carries significant implications for the broader crypto industry. At its core, the SEC alleges that Ripple conducted an unregistered securities offering by selling XRP. Ripple counters that XRP functions as a currency, not a security—a distinction that could shape how digital assets are regulated in the U.S.
A settlement could bring long-awaited clarity to the classification of digital assets, potentially unlocking institutional adoption and paving the way for Ripple’s expansion. Conversely, a prolonged legal battle or unfavorable ruling could reinforce calls for stricter oversight and limit XRP’s market potential.
XRP Price Outlook: Volatility Ahead
As of June 4, XRP is trading around $2.24, holding firm near its short-term resistance. Analysts suggest that a confirmed settlement could drive XRP into a new price discovery phase, with predictions ranging from $5 to beyond its previous highs. However, the lack of official confirmation and ongoing legal uncertainties mean that investors should remain cautious.
“A confirmed settlement would almost certainly spark a sharp rally,” said one crypto analyst. “We could see XRP push beyond its 2018 highs and enter a new price discovery phase.”
The Final Countdown
With the June 16 deadline fast approaching, all eyes are on Ripple, the SEC, and Judge Torres. Whether this marks the end of the legal saga or another chapter in the ongoing battle, the outcome will undoubtedly shape the future of XRP and the broader crypto market.
For now, the crypto community remains on high alert, bracing for what could be a historic resolution—or another missed opportunity#RippleVsSEC
Stock Market Today: Lutnick Says U.S.-China Trade Talks 'Going Well'; S&P 500 Inches Up
U.S.-China trade talks are in the spotlight, with a second day of negotiations in London aimed at patching up a fraying truce between the world's two biggest economies.
As he arrived, Commerce Secretary Howard Lutnick said the talks were "going well" and he expected another full day of discussions.
Export controls are at the top of the agenda. Kevin Hassett, director of the National Economic Council, said Monday that the talks were likely to result in Beijing quickly releasing rare earths for export, and Washington easing China's access to semiconductors.
New data showed a modest recovery in sentiment at smaller U.S. businesses, reflecting lessening concerns about tariffs and hopes for a boost from President Trump’s tax-and-spending megabill.
However, the World Bank became the latest institution to warn that trade policy could weigh on U.S. growth. It forecast economic expansion of just 1.4% this year, half the rate notched in 2024.
Blackstone plans to invest as much as $500 billion in Europe over the next decade, Chief Executive Steve Schwarzman said in an interview with Bloomberg. The U.S. private-markets giant expects growth rates to rise in the region, he said.#MarketRebound
U.S.-China trade talks are in the spotlight, with a second day of negotiations in London aimed at patching up a fraying truce between the world's two biggest economies.
As he arrived, Commerce Secretary Howard Lutnick said the talks were "going well" and he expected another full day of discussions.
Export controls are at the top of the agenda. Kevin Hassett, director of the National Economic Council, said Monday that the talks were likely to result in Beijing quickly releasing rare earths for export, and Washington easing China's access to semiconductors.
New data showed a modest recovery in sentiment at smaller U.S. businesses, reflecting lessening concerns about tariffs and hopes for a boost from President Trump’s tax-and-spending megabill.
However, the World Bank became the latest institution to warn that trade policy could weigh on U.S. growth. It forecast economic expansion of just 1.4% this year, half the rate notched in 2024.
Blackstone plans to invest as much as $500 billion in Europe over the next decade, Chief Executive Steve Schwarzman said in an interview with Bloomberg. The U.S. private-markets giant expects growth rates to rise in the region, he said.#MarketRebound
XRP Price Poised for Major Breakout: What’s Driving the Optimism?
XRP us showing strong bullish signals significant increases in daily active addresses and open interest hinting at a potential price surge. The cryptocurrency has seen a substantial uptick in on-chain activity, leading many analysts to predict a retest of previous highs and even a move towards the ambitious $10 mark.
Surging On-Chain Activity Fuels Bullish Sentiment
Recent data reveals a remarkable surge in XRP’s daily active addresses. Within a 24-hour period, the number of addresses interacting with the XRP blockchain skyrocketed by an astounding 1,609%, jumping from 32,000 to 547,000.
This dramatic increase suggests a renewed wave of interest from both retail and institutional investors, possibly influenced by Ripple’s growing partnerships, such as with Japan’s Web3 Salon.
Furthermore, investor optimism is evident in the futures market, with a massive 1.85 billion XRP committed to futures contracts. This surge in open interest indicates that traders are increasingly anticipating a bullish rally, pushing XRP’s price from a recent low of $2.25 to a peak of $2.33.
Daily transaction volumes have also seen a significant boost, rising by 800 million.
Eyeing Key Price Targets and Potential Catalysts
While XRP currently trades around $2.28, analysts are closely watching for a breakout from its multi-month consolidation phase.
One prominent analyst, EGRAG CRYPTO, envisions a substantial rally that could propel XRP to as high as $27. This optimistic forecast draws parallels to historical market movements, suggesting a tactical flexibility and rapid growth potential for XRP.#XRPBreakout
Surging On-Chain Activity Fuels Bullish Sentiment
Recent data reveals a remarkable surge in XRP’s daily active addresses. Within a 24-hour period, the number of addresses interacting with the XRP blockchain skyrocketed by an astounding 1,609%, jumping from 32,000 to 547,000.
This dramatic increase suggests a renewed wave of interest from both retail and institutional investors, possibly influenced by Ripple’s growing partnerships, such as with Japan’s Web3 Salon.
Furthermore, investor optimism is evident in the futures market, with a massive 1.85 billion XRP committed to futures contracts. This surge in open interest indicates that traders are increasingly anticipating a bullish rally, pushing XRP’s price from a recent low of $2.25 to a peak of $2.33.
Daily transaction volumes have also seen a significant boost, rising by 800 million.
Eyeing Key Price Targets and Potential Catalysts
While XRP currently trades around $2.28, analysts are closely watching for a breakout from its multi-month consolidation phase.
One prominent analyst, EGRAG CRYPTO, envisions a substantial rally that could propel XRP to as high as $27. This optimistic forecast draws parallels to historical market movements, suggesting a tactical flexibility and rapid growth potential for XRP.#XRPBreakout
XRP News: Vaultro Finance Presale Surpasses 15% Threshold, Just Few Hours After Achieving 10% Milestone — Join $VLT Presale
SINGAPORE, June 10, 2025 (GLOBE NEWSWIRE) -- Momentum is accelerating at full speed for Vaultro Finance as the $VLT presale smashes past the 15% sale progress, just hours after crossing its 10% milestone. What was initially seen as a promising DeFi opportunity on thse XRP Ledger is now rapidly cementing its place as one of the most anticipated protocol launches of 2025.
Vaultro Finance is building the first decentralized index fund protocol on XRPL. This ambitious and perfectly timed initiative arrives in the wake of XRP’s rising institutional traction and renewed investor confidence. With XRP holding strong above $2.30 and fresh ETF interest surrounding Ripple, attention is pouring into ecosystem native projects like Vaultro.
But it is not just the macro environment driving the hype. Vaultro’s design offers something truly missing from the current DeFi landscape. It gives users the ability to create, invest in, and earn from tokenized index funds directly on chain. This functionality brings mainstream investment logic into the decentralized world, allowing for diversified crypto exposure with the simplicity of a single transaction.
The $VLT token is the core of the ecosystem. Holding it unlocks access to index fund creation, participation in governance votes, staking for passive rewards, and reduced transaction fees for fund minting, burning, and rebalancing.
The team has also confirmed that $VLT will be listed at a 30% higher price than its current presale rate, giving early participants a built in advantage as demand continues to grow.#XRPledger
SINGAPORE, June 10, 2025 (GLOBE NEWSWIRE) -- Momentum is accelerating at full speed for Vaultro Finance as the $VLT presale smashes past the 15% sale progress, just hours after crossing its 10% milestone. What was initially seen as a promising DeFi opportunity on thse XRP Ledger is now rapidly cementing its place as one of the most anticipated protocol launches of 2025.
Vaultro Finance is building the first decentralized index fund protocol on XRPL. This ambitious and perfectly timed initiative arrives in the wake of XRP’s rising institutional traction and renewed investor confidence. With XRP holding strong above $2.30 and fresh ETF interest surrounding Ripple, attention is pouring into ecosystem native projects like Vaultro.
But it is not just the macro environment driving the hype. Vaultro’s design offers something truly missing from the current DeFi landscape. It gives users the ability to create, invest in, and earn from tokenized index funds directly on chain. This functionality brings mainstream investment logic into the decentralized world, allowing for diversified crypto exposure with the simplicity of a single transaction.
The $VLT token is the core of the ecosystem. Holding it unlocks access to index fund creation, participation in governance votes, staking for passive rewards, and reduced transaction fees for fund minting, burning, and rebalancing.
The team has also confirmed that $VLT will be listed at a 30% higher price than its current presale rate, giving early participants a built in advantage as demand continues to grow.#XRPledger
US and Chinese officials meet in London for pivotal trade talks
LONDON, June 9 (Reuters) - Top U.S. and Chinese officials were meeting in London on Monday to try and defuse a high-stakes trade dispute that has widened from tariffs to restrictions over rare earths, threatening a global supply chain shock and slower economic growth
On the first of likely two days of talks, officials from the two superpowers were meeting at the ornate Lancaster House to try to get back on track with a preliminary agreement struck last month in Geneva that had briefly lowered the temperature between Washington and Beijing.
"The purpose of the meeting today is to make sure that they're serious, but to literally get handshakes," Hassett, director of the National Economic Council, told CNBC in an interview. He said the U.S. would expect export controls to be eased and rare earths released in volume immediately afterwards.
The talks come at a crucial time for both economies, which are showing signs of strain from Trump's cascade of tariff orders since his return to the White House in January.
Customs data showed that China's exports to the U.S. plunged 34.5% year-on-year in May in value terms, the sharpest drop since February 2020, when the outbreak of the COVID-19 pandemic upended global trade.
In the U.S., business and household confidence has taken a pummelling, while first-quarter gross domestic product contracted due to a record surge in imports as Americans front-loaded purchases to beat anticipated price increases.#USChinaTradeTalks
LONDON, June 9 (Reuters) - Top U.S. and Chinese officials were meeting in London on Monday to try and defuse a high-stakes trade dispute that has widened from tariffs to restrictions over rare earths, threatening a global supply chain shock and slower economic growth
On the first of likely two days of talks, officials from the two superpowers were meeting at the ornate Lancaster House to try to get back on track with a preliminary agreement struck last month in Geneva that had briefly lowered the temperature between Washington and Beijing.
"The purpose of the meeting today is to make sure that they're serious, but to literally get handshakes," Hassett, director of the National Economic Council, told CNBC in an interview. He said the U.S. would expect export controls to be eased and rare earths released in volume immediately afterwards.
The talks come at a crucial time for both economies, which are showing signs of strain from Trump's cascade of tariff orders since his return to the White House in January.
Customs data showed that China's exports to the U.S. plunged 34.5% year-on-year in May in value terms, the sharpest drop since February 2020, when the outbreak of the COVID-19 pandemic upended global trade.
In the U.S., business and household confidence has taken a pummelling, while first-quarter gross domestic product contracted due to a record surge in imports as Americans front-loaded purchases to beat anticipated price increases.#USChinaTradeTalks
SEC Round Table to Spotlight the Ripple Case
On Monday, June 9, the SEC will hold its next round table on crypto regulation, potentially discussing the ongoing Ripple case. According to the agenda, SEC Chair Paul Atkins and SEC Commissioners Caroline Crenshaw, Mark Uyeda, and Hester Peirce are on the docket to deliver opening remarks.
In May, Commissioner Crenshaw dissented against the SEC and Ripple settlement agreement and joint filing, stating:
“This settlement, alongside the programmatic disassembly of the SEC’s crypto enforcement program, does a tremendous disservice to the investing public and undermines the court’s role in interpreting our securities laws. This is not a settlement I can support.”
With the SEC having dropped other high-profile cases, including lawsuits against Coinbase (COIN) and Binance, this may be the Commissioner’s opportunity to voice discord against the SEC’s changing attitudes toward crypto regulation.
References to the Ripple case may also offer insights into the SEC’s plans.
Since the US Court of Appeals granted a joint motion to put the SEC’s appeal on ice to allow both parties to settle, Judge Analisa Torres rejected a motion for an indicative ruling on settlement terms. Judge Torres denied the motion, citing procedural errors and inadequate arguments that a settlement serves the public and institutional investors.
However, the SEC is on the clock to file a second request for an indicative ruling. The Court of Appeals ordered the SEC to file a status report on settlement proceedings by June 16.
An indicative ruling is crucial as it could determine whether Ripple pursues its cross-appeal and whether the SEC progresses its appeal against the Programmatic Sales of XRP ruling.#SECRoundtable
On Monday, June 9, the SEC will hold its next round table on crypto regulation, potentially discussing the ongoing Ripple case. According to the agenda, SEC Chair Paul Atkins and SEC Commissioners Caroline Crenshaw, Mark Uyeda, and Hester Peirce are on the docket to deliver opening remarks.
In May, Commissioner Crenshaw dissented against the SEC and Ripple settlement agreement and joint filing, stating:
“This settlement, alongside the programmatic disassembly of the SEC’s crypto enforcement program, does a tremendous disservice to the investing public and undermines the court’s role in interpreting our securities laws. This is not a settlement I can support.”
With the SEC having dropped other high-profile cases, including lawsuits against Coinbase (COIN) and Binance, this may be the Commissioner’s opportunity to voice discord against the SEC’s changing attitudes toward crypto regulation.
References to the Ripple case may also offer insights into the SEC’s plans.
Since the US Court of Appeals granted a joint motion to put the SEC’s appeal on ice to allow both parties to settle, Judge Analisa Torres rejected a motion for an indicative ruling on settlement terms. Judge Torres denied the motion, citing procedural errors and inadequate arguments that a settlement serves the public and institutional investors.
However, the SEC is on the clock to file a second request for an indicative ruling. The Court of Appeals ordered the SEC to file a status report on settlement proceedings by June 16.
An indicative ruling is crucial as it could determine whether Ripple pursues its cross-appeal and whether the SEC progresses its appeal against the Programmatic Sales of XRP ruling.#SECRoundtable
Ripple's $487M XRP Transfer Sparks Questions
Ripple makes a mysterious $487 million XRP transfer, and there is more.
Earlier this Friday, Whale Alert, a widely used service that tracks large cryptocurrency transfers, revealed that Ripple had sent $498 million worth of XRP tokens to an unknown wallet.
The community has been puzzled by the massive transfer, with one user pointing out that it is already too late for escrow moves.
As reported by U.Today, Ripple unlocked a billion XRP tokens on June 4. Prior to this, the company locked 670 million tokens in escrow.
Some have interpreted the recent transfer as a bearish sign for the XRP token.
According to the CoinGecko data, XRP is currently trading at $2.18 after adding 3% over the past 24 hours.
Earlier this Friday, 50 million XRP tokens ($108 million at the time of the transfer) were also sent from an unknown wallet to an unknown wallet. #XRPEscrow
Ripple makes a mysterious $487 million XRP transfer, and there is more.
Earlier this Friday, Whale Alert, a widely used service that tracks large cryptocurrency transfers, revealed that Ripple had sent $498 million worth of XRP tokens to an unknown wallet.
The community has been puzzled by the massive transfer, with one user pointing out that it is already too late for escrow moves.
As reported by U.Today, Ripple unlocked a billion XRP tokens on June 4. Prior to this, the company locked 670 million tokens in escrow.
Some have interpreted the recent transfer as a bearish sign for the XRP token.
According to the CoinGecko data, XRP is currently trading at $2.18 after adding 3% over the past 24 hours.
Earlier this Friday, 50 million XRP tokens ($108 million at the time of the transfer) were also sent from an unknown wallet to an unknown wallet. #XRPEscrow
XRP News Today: Court Ruling Looms as ETF Hopes and $2 Support Hang in Balance
XRP has fallen 18% since Judge Torres denied Ripple-SEC joint motion on settlement terms, rattling investor confidence.
The SEC must file a settlement status update by June 16, a pivotal moment for Ripple's legal strategy and XRP price action.
Ripple aims to lift XRP's institutional sales ban and reduce the $125M penalty as part of a potential settlement.
SEC vs. Ripple: Court Deadline Looms
The SEC vs. Ripple case took center stage on Thursday, June 5, as a pivotal court deadline loomed. In April 2025, the US Court of Appeals granted a joint motion to hold the SEC’s appeal in abeyance to enable progress toward a settlement. According to the court ruling, the SEC must file a status report on the settlement by June 16.
However, since the court ruling, Judge Analisa Torres denied an SEC and Ripple joint motion for an indicative ruling on settlement terms on May 15. These terms included lifting the ban on XRP sales to institutional investors and lowering the $125 million penalty.
A favorable indicative ruling on settlement terms is crucial for Ripple to drop its cross-appeal and the SEC to withdraw its appeal against the Programmatic Sales of XRP ruling.
XRP Price Outlook: Court Filings and ETF News
XRP slid 4.81% on Thursday, June 5. Following Wednesday’s 1.96% decline, XRP closed at $2.0959, its lowest since April 21. Notably, the token underperformed the broader market, which declined 3.63% to a total crypto market cap of $3.13 trillion.
XRP’s near-term price outlook hinges on legal-related updates and spot ETF-related news.
A break above $2.20 could signal a climb toward $2.5 and the May 12 high of $2.6553. A sustained breakout from $2.6553 may open the door to retesting $3 and the record high of $3.5505. Conversely, a drop below $2 and the 200-day EMA could expose XRP to the $1.9299 support level.#RippleSECSettlement
XRP has fallen 18% since Judge Torres denied Ripple-SEC joint motion on settlement terms, rattling investor confidence.
The SEC must file a settlement status update by June 16, a pivotal moment for Ripple's legal strategy and XRP price action.
Ripple aims to lift XRP's institutional sales ban and reduce the $125M penalty as part of a potential settlement.
SEC vs. Ripple: Court Deadline Looms
The SEC vs. Ripple case took center stage on Thursday, June 5, as a pivotal court deadline loomed. In April 2025, the US Court of Appeals granted a joint motion to hold the SEC’s appeal in abeyance to enable progress toward a settlement. According to the court ruling, the SEC must file a status report on the settlement by June 16.
However, since the court ruling, Judge Analisa Torres denied an SEC and Ripple joint motion for an indicative ruling on settlement terms on May 15. These terms included lifting the ban on XRP sales to institutional investors and lowering the $125 million penalty.
A favorable indicative ruling on settlement terms is crucial for Ripple to drop its cross-appeal and the SEC to withdraw its appeal against the Programmatic Sales of XRP ruling.
XRP Price Outlook: Court Filings and ETF News
XRP slid 4.81% on Thursday, June 5. Following Wednesday’s 1.96% decline, XRP closed at $2.0959, its lowest since April 21. Notably, the token underperformed the broader market, which declined 3.63% to a total crypto market cap of $3.13 trillion.
XRP’s near-term price outlook hinges on legal-related updates and spot ETF-related news.
A break above $2.20 could signal a climb toward $2.5 and the May 12 high of $2.6553. A sustained breakout from $2.6553 may open the door to retesting $3 and the record high of $3.5505. Conversely, a drop below $2 and the 200-day EMA could expose XRP to the $1.9299 support level.#RippleSECSettlement
XRP News Today: Legal Limbo Weighs – Eyes on Court Refile This Week
SEC vs. Ripple: Legal Drama Continues as Key Appeal Deadline Looms
A crucial June 16 deadline in the SEC vs. Ripple case is looming, and investors are getting edgy about the absence of court filings. On May 15, Judge Analisa Torres denied the SEC’s request for an indicative ruling on vacating the injunction prohibiting XRP sales to institutional investors and reducing the $125 million penalty. The withdrawal of Ripple’s cross-appeal and the SEC’s appeal hinges on Judge Torres granting the proposed settlement terms.
Notably, on April 16, the 2nd Circuit granted a joint motion to hold the SEC’s appeal in abeyance. The court delivered its ruling on the April 16 deadline for Ripple to file its appeal-related reply brief.
Uncertainty about the timing of a second request for an indicative ruling on the settlement has weighed on XRP demand. There are also concerns about whether Judge Torres will reverse her Final Judgment on the injunction. The key issue is whether Ripple and the SEC will proceed with their appeals if Judge Torres rejects the settlement request a second time.
XRP has fallen 14% since Judge Torres rejected the first joint motion. In contrast, the broader crypto market has fallen 1.2% over the same period, highlighting how legal uncertainty has disproportionately pressured XRP prices.
Legal Expert Views on the Ripple Case
Pro-crypto lawyer Fred Rispoli remarked on the SEC’s silence and the 2nd Circuit’s likely response, stating:
“20 days later, no refile yet by the SEC and Ripple in district court and the June deadline for the status update in the 2nd Circuit looms large. Expect the refile before Judge Torres to happen by then. If there is nothing pending before Torres when the parties file the status report, the 2nd Circuit only has Torres’ denial of the first request and will restart the briefing. If a motion is pending before Torres at the time of the 6/16 status report, the 2nd Circuit will likely push it out another 60 days.”#RippleSEC
SEC vs. Ripple: Legal Drama Continues as Key Appeal Deadline Looms
A crucial June 16 deadline in the SEC vs. Ripple case is looming, and investors are getting edgy about the absence of court filings. On May 15, Judge Analisa Torres denied the SEC’s request for an indicative ruling on vacating the injunction prohibiting XRP sales to institutional investors and reducing the $125 million penalty. The withdrawal of Ripple’s cross-appeal and the SEC’s appeal hinges on Judge Torres granting the proposed settlement terms.
Notably, on April 16, the 2nd Circuit granted a joint motion to hold the SEC’s appeal in abeyance. The court delivered its ruling on the April 16 deadline for Ripple to file its appeal-related reply brief.
Uncertainty about the timing of a second request for an indicative ruling on the settlement has weighed on XRP demand. There are also concerns about whether Judge Torres will reverse her Final Judgment on the injunction. The key issue is whether Ripple and the SEC will proceed with their appeals if Judge Torres rejects the settlement request a second time.
XRP has fallen 14% since Judge Torres rejected the first joint motion. In contrast, the broader crypto market has fallen 1.2% over the same period, highlighting how legal uncertainty has disproportionately pressured XRP prices.
Legal Expert Views on the Ripple Case
Pro-crypto lawyer Fred Rispoli remarked on the SEC’s silence and the 2nd Circuit’s likely response, stating:
“20 days later, no refile yet by the SEC and Ripple in district court and the June deadline for the status update in the 2nd Circuit looms large. Expect the refile before Judge Torres to happen by then. If there is nothing pending before Torres when the parties file the status report, the 2nd Circuit only has Torres’ denial of the first request and will restart the briefing. If a motion is pending before Torres at the time of the 6/16 status report, the 2nd Circuit will likely push it out another 60 days.”#RippleSEC
XRP News Today: XRP Gains on $100M Treasury Move, ETF Hype Builds; BTC at $106k
XRP Gets Demand Boost in $100 Million Strategic Partnership
The SEC vs. Ripple case took a back seat on Monday, June 2, as investors turned their attention to institutional activity. Reports of Bitgo and ViviPower entering a strategic partnership to acquire an initial $100 million worth of XRP for treasury purposes boosted demand for the token.
Amicus Curiae attorney John Deaton remarked on the news:
Increased XRP demand from corporate America could tilt the supply-demand balance firmly in the token’s favor.
Despite this development, the Ripple case remains the key driver. A settlement and an end to the SEC’s and Ripple’s appeal and cross-appeal could pave the way to an XRP-spot ETF market. If the SEC approves pending XRP-spot ETF applications, similar flows to the US BTC-spot ETF market could drive XRP to fresh record highs.
21Shares, Bitwise Invest, Canary Funds, Franklin Templeton, Grayscale, and WisdomTree are among the issuers awaiting an SEC decision on their XRP-spot ETF applications.
XRP Price Outlook: Court Filings and ETF News
XRP advanced 0.85% on Monday, June 2, following Sunday’s 0.20% gain, closing at $2.1976. Notably, the token outperformed the broader market, which rose 0.54%, taking the total crypto market cap to $3.28 trillion.
XRP’s near-term price outlook depends on legal proceedings and spot ETF-related news.
A move through $2.50 could bring the May 12 high of $2.6553 into sight. A sustained break above $2.6553 could enable the bulls to target $3 and the record high of $3.5505. However, a drop below $2.1 could expose XRP to sub-$2 for the first time since April 11.#XRPETFApproval
XRP Gets Demand Boost in $100 Million Strategic Partnership
The SEC vs. Ripple case took a back seat on Monday, June 2, as investors turned their attention to institutional activity. Reports of Bitgo and ViviPower entering a strategic partnership to acquire an initial $100 million worth of XRP for treasury purposes boosted demand for the token.
Amicus Curiae attorney John Deaton remarked on the news:
Increased XRP demand from corporate America could tilt the supply-demand balance firmly in the token’s favor.
Despite this development, the Ripple case remains the key driver. A settlement and an end to the SEC’s and Ripple’s appeal and cross-appeal could pave the way to an XRP-spot ETF market. If the SEC approves pending XRP-spot ETF applications, similar flows to the US BTC-spot ETF market could drive XRP to fresh record highs.
21Shares, Bitwise Invest, Canary Funds, Franklin Templeton, Grayscale, and WisdomTree are among the issuers awaiting an SEC decision on their XRP-spot ETF applications.
XRP Price Outlook: Court Filings and ETF News
XRP advanced 0.85% on Monday, June 2, following Sunday’s 0.20% gain, closing at $2.1976. Notably, the token outperformed the broader market, which rose 0.54%, taking the total crypto market cap to $3.28 trillion.
XRP’s near-term price outlook depends on legal proceedings and spot ETF-related news.
A move through $2.50 could bring the May 12 high of $2.6553 into sight. A sustained break above $2.6553 could enable the bulls to target $3 and the record high of $3.5505. However, a drop below $2.1 could expose XRP to sub-$2 for the first time since April 11.#XRPETFApproval
Angel Investor Says XRP Doesn’t Need to Hit $10,000 to Change Your Life
The real value of XRP is not in its price but in its return on investment and utility, according to Armando Pantoja, an angel investor and crypto influencer.
He emphasized that XRP does not need to reach $10,000 to deliver meaningful returns for holders. Pantoja expressed this perspective in a recent video, addressing the common frustration among XRP holders about the token’s lack of dramatic price movement.
He noted that many retail investors are ready to give up, feeling that XRP is stagnant while other cryptocurrencies, like Bitcoin, continue to break records. However, Pantoja argues that this view misses the bigger picture.
Notably, Bitcoin set a new all-time high near $112,000 this month. In contrast, XRP remained around $2.30, failing to benefit from Bitcoin’s momentum. While this divergence has been a hot topic, Pantoja believes the discussion often overlooks the true value proposition.
Price Doesn’t Equal Potential
Instead of focusing solely on price, Pantoja emphasizes the importance of return on investment (ROI). He noted that while XRP trades below $3, its growth potential should be assessed relative to its cost of entry.
For example, tripling your investment in Bitcoin would require the asset to surpass $300,000. In contrast, XRP would only need to rise to just under $8 to deliver the same ROI.
He also points out that XRP’s market cap is only about 7% of Bitcoin’s, making significant percentage gains more feasible.
Pantoja believes that investors often overestimate the importance of absolute price targets and underestimate the ability of smaller-cap assets to deliver outsized returns.
Another argument XRP proponents use to counter the frustration surrounding XRP’s stagnation is its long-term performance. Notably, Bitcoin is up 52% over the past year, relative to its current price of $103,800.
Meanwhile, XRP, trading at $2.13, has seen a more impressive 312% gain over the same period.#XRPUtility
The real value of XRP is not in its price but in its return on investment and utility, according to Armando Pantoja, an angel investor and crypto influencer.
He emphasized that XRP does not need to reach $10,000 to deliver meaningful returns for holders. Pantoja expressed this perspective in a recent video, addressing the common frustration among XRP holders about the token’s lack of dramatic price movement.
He noted that many retail investors are ready to give up, feeling that XRP is stagnant while other cryptocurrencies, like Bitcoin, continue to break records. However, Pantoja argues that this view misses the bigger picture.
Notably, Bitcoin set a new all-time high near $112,000 this month. In contrast, XRP remained around $2.30, failing to benefit from Bitcoin’s momentum. While this divergence has been a hot topic, Pantoja believes the discussion often overlooks the true value proposition.
Price Doesn’t Equal Potential
Instead of focusing solely on price, Pantoja emphasizes the importance of return on investment (ROI). He noted that while XRP trades below $3, its growth potential should be assessed relative to its cost of entry.
For example, tripling your investment in Bitcoin would require the asset to surpass $300,000. In contrast, XRP would only need to rise to just under $8 to deliver the same ROI.
He also points out that XRP’s market cap is only about 7% of Bitcoin’s, making significant percentage gains more feasible.
Pantoja believes that investors often overestimate the importance of absolute price targets and underestimate the ability of smaller-cap assets to deliver outsized returns.
Another argument XRP proponents use to counter the frustration surrounding XRP’s stagnation is its long-term performance. Notably, Bitcoin is up 52% over the past year, relative to its current price of $103,800.
Meanwhile, XRP, trading at $2.13, has seen a more impressive 312% gain over the same period.#XRPUtility
Ripple Presents XRP, RLUSD to Replace SWIFT’s Outdated Payment System
XRP is powering Ripple’s bold challenge to SWIFT’s outdated payment system, delivering blazing-fast, low-cost, and transparent cross-border transactions through blockchain and stablecoin innovation.
Ripple Unveils XRP Solution While SWIFT Struggles With Outdated Payment Rails
Ripple shared in a blog post on May 28 that blockchain technology and the digital asset XRP could help resolve many of the longstanding problems in cross-border payments, particularly those linked to the Society for Worldwide Interbank Financial Telecommunication (SWIFT) system. The company called attention to the fragility of traditional rails, where manual processes still dominate global money movement:
Most cross border payments still rely on manual processes. A typo in an account number, an incorrect SWIFT code or incomplete payment instructions can all cause a transaction to fail.
Failed payments don’t just waste time, they also incur costs, create operational headaches and can strain relationships with partners or customers awaiting funds. Reducing manual touchpoints and increasing automation are key to minimizing these risks,” Ripple noted.
The crypto firm emphasized that these outdated systems, which typically rely on multiple intermediaries and correspondent banks, are prone to delays, errors, and a lack of transparency. Payments can pass through as many as five institutions before reaching their destination, a process that introduces uncertainty and increases fees. This system, Ripple argued, is misaligned with the pace of modern commerce and the growing needs of businesses operating globally. Inconsistent messaging standards, foreign exchange markups, and regulatory complexity all contribute to what the firm describes as an inefficient and risky ecosystem for cross-border transactions.#SWIFTReplacement
XRP is powering Ripple’s bold challenge to SWIFT’s outdated payment system, delivering blazing-fast, low-cost, and transparent cross-border transactions through blockchain and stablecoin innovation.
Ripple Unveils XRP Solution While SWIFT Struggles With Outdated Payment Rails
Ripple shared in a blog post on May 28 that blockchain technology and the digital asset XRP could help resolve many of the longstanding problems in cross-border payments, particularly those linked to the Society for Worldwide Interbank Financial Telecommunication (SWIFT) system. The company called attention to the fragility of traditional rails, where manual processes still dominate global money movement:
Most cross border payments still rely on manual processes. A typo in an account number, an incorrect SWIFT code or incomplete payment instructions can all cause a transaction to fail.
Failed payments don’t just waste time, they also incur costs, create operational headaches and can strain relationships with partners or customers awaiting funds. Reducing manual touchpoints and increasing automation are key to minimizing these risks,” Ripple noted.
The crypto firm emphasized that these outdated systems, which typically rely on multiple intermediaries and correspondent banks, are prone to delays, errors, and a lack of transparency. Payments can pass through as many as five institutions before reaching their destination, a process that introduces uncertainty and increases fees. This system, Ripple argued, is misaligned with the pace of modern commerce and the growing needs of businesses operating globally. Inconsistent messaging standards, foreign exchange markups, and regulatory complexity all contribute to what the firm describes as an inefficient and risky ecosystem for cross-border transactions.#SWIFTReplacement
3 Recent Political Wins for the Crypto Sector and What They Mean for This Leading Cryptocurrency
Arguably, the biggest beneficiary of the Trump administration's pro-crypto policies has been the cryptocurrency XRP (CRYPTO: XRP). On Election Day, XRP was trading for just $0.50. Today, it trades for about $2.20, for an eye-popping 345% return on investment in just six months.
While much of the early pro-crypto euphoria surrounding the Trump administration has already been priced into XRP, new catalysts continue to emerge. In fact, there are three big ones with the potential to send XRP higher over the next 12 months.
Shakeup at the SEC
President Donald Trump campaigned on a pro-business, pro-crypto platform. And that's exactly what he has delivered. One of the first moves was the replacement of Securities and Exchange Commission (SEC) head Gary Gensler, who was known for his heavy-handed approach to crypto regulation, with Paul Atkins, who is known for his support of the crypto industry.
This shakeup at the SEC is important for several reasons. For example, it led to the SEC dropping a long-running lawsuit against Ripple, the company behind the XRP crypto token. For more than four years, the SEC claimed that XRP was a security and not a commodity. That long, bruising legal battle now appears to be over.
That should free up Ripple (and XRP) to go back to expanding its business of facilitating financial transactions. Moreover, it should make it easier for Ripple to gain institutional adoption for its blockchain-based payment network, which is primarily used to send cross-border payments. As long as there was a dark legal cloud hovering over Ripple, financial institutions had to think twice about getting fully onboard with Ripple's payment technology.
U.S. Digital Asset Stockpile
In March, the White House announced the creation of both the Strategic Bitcoin Reserve and the U.S. Digital Asset Stockpile. The Strategic Bitcoin Reserve only holds Bitcoin, so it doesn't affect XRP. But the Digital Asset Stockpile would to hold all the other cryptocurrencies.#DigitalCurrencyRevolution
While much of the early pro-crypto euphoria surrounding the Trump administration has already been priced into XRP, new catalysts continue to emerge. In fact, there are three big ones with the potential to send XRP higher over the next 12 months.
Shakeup at the SEC
President Donald Trump campaigned on a pro-business, pro-crypto platform. And that's exactly what he has delivered. One of the first moves was the replacement of Securities and Exchange Commission (SEC) head Gary Gensler, who was known for his heavy-handed approach to crypto regulation, with Paul Atkins, who is known for his support of the crypto industry.
This shakeup at the SEC is important for several reasons. For example, it led to the SEC dropping a long-running lawsuit against Ripple, the company behind the XRP crypto token. For more than four years, the SEC claimed that XRP was a security and not a commodity. That long, bruising legal battle now appears to be over.
That should free up Ripple (and XRP) to go back to expanding its business of facilitating financial transactions. Moreover, it should make it easier for Ripple to gain institutional adoption for its blockchain-based payment network, which is primarily used to send cross-border payments. As long as there was a dark legal cloud hovering over Ripple, financial institutions had to think twice about getting fully onboard with Ripple's payment technology.
U.S. Digital Asset Stockpile
In March, the White House announced the creation of both the Strategic Bitcoin Reserve and the U.S. Digital Asset Stockpile. The Strategic Bitcoin Reserve only holds Bitcoin, so it doesn't affect XRP. But the Digital Asset Stockpile would to hold all the other cryptocurrencies.#DigitalCurrencyRevolution
XRP Price Risks Crash Below $2 As Correction Takes Hold, Here’s Why:
The recent price action for XRP has shown little sign of strength as the crypto is now battling sustained bearish pressure. Since the start of the correction phase on May 12, XRP has posted consecutive lower highs on the daily timeframe, slipping further from its May peak of $2.65. This ongoing decline comes after a rally that started last month, which saw the XRP price rebound from $1.80 in early April.
However, the momentum that drove that surge has now been overtaken by a clear wave of red candles, and technical analysis suggests that the XRP price can crash below $2 again in the coming days to the April low.
MasterAnanda Flags Risk Of Further XRP Downside
A recent technical update shared by analyst MasterAnanda on TradingView reinforces the short-term bearish sentiment. The chart shared alongside the analysis shows XRP has broken down from a rising channel, with three consecutive daily closes below the lower trendline.
These three consecutive red days have rejected the setup of an upwards bounce on the lower trendline. Although XRP is still trading above $2 right now, the longer it continues to trade below the $2.30 region, the more likely a steeper drop becomes.
In his analysis on TradingView, the analyst MasterAnanda acknowledged that XRP may appear due for a rebound, but the underlying signals tell a different story. “It looks like XRPUSDT can recover any minute now, but the correction might not be over,” the analyst noted.
Interestingly, despite the ongoing decline, bearish volume has been quite low. This shows that the selling may not be particularly strong, but also not challenged. This low-volume pullback suggests the market is drifting down due to a lack of buyers rather than intense selling pressure. Even so, the analyst noted that XRP has yet to reach a solid support level.#xrpcrashed
The recent price action for XRP has shown little sign of strength as the crypto is now battling sustained bearish pressure. Since the start of the correction phase on May 12, XRP has posted consecutive lower highs on the daily timeframe, slipping further from its May peak of $2.65. This ongoing decline comes after a rally that started last month, which saw the XRP price rebound from $1.80 in early April.
However, the momentum that drove that surge has now been overtaken by a clear wave of red candles, and technical analysis suggests that the XRP price can crash below $2 again in the coming days to the April low.
MasterAnanda Flags Risk Of Further XRP Downside
A recent technical update shared by analyst MasterAnanda on TradingView reinforces the short-term bearish sentiment. The chart shared alongside the analysis shows XRP has broken down from a rising channel, with three consecutive daily closes below the lower trendline.
These three consecutive red days have rejected the setup of an upwards bounce on the lower trendline. Although XRP is still trading above $2 right now, the longer it continues to trade below the $2.30 region, the more likely a steeper drop becomes.
In his analysis on TradingView, the analyst MasterAnanda acknowledged that XRP may appear due for a rebound, but the underlying signals tell a different story. “It looks like XRPUSDT can recover any minute now, but the correction might not be over,” the analyst noted.
Interestingly, despite the ongoing decline, bearish volume has been quite low. This shows that the selling may not be particularly strong, but also not challenged. This low-volume pullback suggests the market is drifting down due to a lack of buyers rather than intense selling pressure. Even so, the analyst noted that XRP has yet to reach a solid support level.#xrpcrashed
Hedera (HBAR) Price Analysis: Bearish Momentum Builds as Key Support Gets Tested
Hedera (HBAR) continues to show signs of weakness as the cryptocurrency trades around $0.17999 on May 29, 2025. The 4-hour chart highlights a gradual downtrend over recent weeks, with the price stuck in a narrow range between $0.16 and $0.22. After failing to sustain momentum above $0.22 in early May, HBAR has formed a series of lower highs, indicating sustained bearish pressure.
RSI and MACD Signal Fading Bullish Strength
The Relative Strength Index (RSI) currently stands at 38.68, below the midpoint of 50 and approaching oversold territory. This suggests weak buying interest and the potential for further downside unless a reversal takes place.
The MACD (Moving Average Convergence Divergence) also supports this outlook, with the MACD line at -0.00038 and the signal line at -0.00180. The negative histogram confirms a bearish crossover, reinforcing the downward trend.
HBAR Support and Resistance Levels to Watch
HBAR is trading below both the 9-period EMA ($0.18345) and the TEMA ($0.18067), confirming that short-term momentum remains bearish. The Bollinger Bands show price nearing the lower boundary at $0.17967, a sign that the current downtrend may either continue or pause if buyers step in. The middle band, which represents the 20-period simple moving average, sits at $0.18553, well above the current price.
Immediate support for HBAR is seen at $0.17894. A break below this level could push the price toward the next significant support zone around $0.16. On the upside, resistance is clearly marked at $0.19330 and $0.22853. These levels have capped multiple recovery attempts over the past month and remain critical for any bullish breakout attempt.#HBARPrice
Hedera (HBAR) continues to show signs of weakness as the cryptocurrency trades around $0.17999 on May 29, 2025. The 4-hour chart highlights a gradual downtrend over recent weeks, with the price stuck in a narrow range between $0.16 and $0.22. After failing to sustain momentum above $0.22 in early May, HBAR has formed a series of lower highs, indicating sustained bearish pressure.
RSI and MACD Signal Fading Bullish Strength
The Relative Strength Index (RSI) currently stands at 38.68, below the midpoint of 50 and approaching oversold territory. This suggests weak buying interest and the potential for further downside unless a reversal takes place.
The MACD (Moving Average Convergence Divergence) also supports this outlook, with the MACD line at -0.00038 and the signal line at -0.00180. The negative histogram confirms a bearish crossover, reinforcing the downward trend.
HBAR Support and Resistance Levels to Watch
HBAR is trading below both the 9-period EMA ($0.18345) and the TEMA ($0.18067), confirming that short-term momentum remains bearish. The Bollinger Bands show price nearing the lower boundary at $0.17967, a sign that the current downtrend may either continue or pause if buyers step in. The middle band, which represents the 20-period simple moving average, sits at $0.18553, well above the current price.
Immediate support for HBAR is seen at $0.17894. A break below this level could push the price toward the next significant support zone around $0.16. On the upside, resistance is clearly marked at $0.19330 and $0.22853. These levels have capped multiple recovery attempts over the past month and remain critical for any bullish breakout attempt.#HBARPrice
XRP News Today: XRP Holds Ground as Webus Unveils $300M Strategic Reserve Plan to Boost Borderless Payments
In a notable development for Ripple XRP news, Nasdaq-listed Webus International has announced a strategic plan to raise up to $300 million in non-equity financing to establish a treasury reserve in XRP.
This move aims to bolster the company’s global payment infrastructure by harnessing the capabilities of the XRP Ledger for instant, low-cost cross-border transactions. The initiative, unveiled on May 29, 2025, reflects the growing institutional interest in XRP as a practical alternative to traditional currencies and reserve assets.
Webus Backs XRP with Ambitious $300M Treasury Reserve
Webus International (NASDAQ: WETO), a China-based provider of premium chauffeur services, has unveiled plans to raise up to $300 million through non-equity financing to create an XRP treasury reserve. The initiative aims to streamline cross-border payments and accelerate the company’s blockchain integration efforts.
Webus International plans to raise $300 million to establish an XRP reserve and integrate the XRP Ledger into its global payment infrastructure. Source: Coin Bureau via X.
“Our potential XRP implementation can eliminate traditional payment friction, allowing instant settlement with chauffeurs and service providers worldwide while providing immediate refunds when needed,” stated Webus CEO Nan Zheng. He emphasized that the strategy aligns with the company’s vision of creating a borderless travel experience.
The proposed financing will be structured using available cash reserves, bank loans, shareholder guarantees, and third-party institutional-backed credit lines, allowing Webus to avoid shareholder dilution while tapping into XRP’s low-cost, fast-settlement infrastructure.#NasdaqListed
In a notable development for Ripple XRP news, Nasdaq-listed Webus International has announced a strategic plan to raise up to $300 million in non-equity financing to establish a treasury reserve in XRP.
This move aims to bolster the company’s global payment infrastructure by harnessing the capabilities of the XRP Ledger for instant, low-cost cross-border transactions. The initiative, unveiled on May 29, 2025, reflects the growing institutional interest in XRP as a practical alternative to traditional currencies and reserve assets.
Webus Backs XRP with Ambitious $300M Treasury Reserve
Webus International (NASDAQ: WETO), a China-based provider of premium chauffeur services, has unveiled plans to raise up to $300 million through non-equity financing to create an XRP treasury reserve. The initiative aims to streamline cross-border payments and accelerate the company’s blockchain integration efforts.
Webus International plans to raise $300 million to establish an XRP reserve and integrate the XRP Ledger into its global payment infrastructure. Source: Coin Bureau via X.
“Our potential XRP implementation can eliminate traditional payment friction, allowing instant settlement with chauffeurs and service providers worldwide while providing immediate refunds when needed,” stated Webus CEO Nan Zheng. He emphasized that the strategy aligns with the company’s vision of creating a borderless travel experience.
The proposed financing will be structured using available cash reserves, bank loans, shareholder guarantees, and third-party institutional-backed credit lines, allowing Webus to avoid shareholder dilution while tapping into XRP’s low-cost, fast-settlement infrastructure.#NasdaqListed
Nasdaq-listed VivoPower To Buy and Hold XRP After Saudi Prince Met with Trump
Specifically, the company raised $121 million in a private placement led by Prince Abdulaziz bin Turki Abdulaziz Al Saud of Saudi Arabia. The shares were at $6.05, above their last Nasdaq closing.
According to the press statement, the capital will go toward acquiring and holding XRP and establishing a dedicated digital asset treasury. Additionally, the company plans to build a decentralized finance (DeFi) team, reduce corporate debt, and expand its blockchain infrastructure.
This marks a significant moment for institutional XRP adoption and mirrors MicroStrategy’s Bitcoin-focused playbook.
Royal Backing After Strategic Talks with Trump
Interestingly, the deal follows Prince Abdulaziz’s recent meeting with U.S. President Donald Trump and his group during a visit to Saudi Arabia. The timing coincides with talks that XRP could be one of the five crypto assets in Trump’s proposed United States Digital Asset Stockpile
Further strengthening the XRP strategy, Adam Traidman, an ex-Ripple board member, has joined VivoPower’s Board of Advisors as chairman. Traidman also participated in the investment round.
He called the move a forward-looking step that reflects growing institutional conviction in XRPL’s real-world use cases, setting XRP up for deeper integration in financial infrastructure.#SaudiRippleDeal
Specifically, the company raised $121 million in a private placement led by Prince Abdulaziz bin Turki Abdulaziz Al Saud of Saudi Arabia. The shares were at $6.05, above their last Nasdaq closing.
According to the press statement, the capital will go toward acquiring and holding XRP and establishing a dedicated digital asset treasury. Additionally, the company plans to build a decentralized finance (DeFi) team, reduce corporate debt, and expand its blockchain infrastructure.
This marks a significant moment for institutional XRP adoption and mirrors MicroStrategy’s Bitcoin-focused playbook.
Royal Backing After Strategic Talks with Trump
Interestingly, the deal follows Prince Abdulaziz’s recent meeting with U.S. President Donald Trump and his group during a visit to Saudi Arabia. The timing coincides with talks that XRP could be one of the five crypto assets in Trump’s proposed United States Digital Asset Stockpile
Further strengthening the XRP strategy, Adam Traidman, an ex-Ripple board member, has joined VivoPower’s Board of Advisors as chairman. Traidman also participated in the investment round.
He called the move a forward-looking step that reflects growing institutional conviction in XRPL’s real-world use cases, setting XRP up for deeper integration in financial infrastructure.#SaudiRippleDeal
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