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Coinbase and Ripple gain EU-wide crypto licenses as Binance scales back post-MiCA deadline.

Market News
16 Jul 2026
Crypto news
View Source
Bullish
Coinbase and Ripple gain EU-wide crypto licenses as Binance scales back post-MiCA deadline.

Coinbase and Ripple have secured licenses in Luxembourg granting them EU-wide access under the new MiCA regulations, which took effect July 1. This regulatory shift forced Binance and other unlicensed platforms to reduce services, creating an opportunity for licensed exchanges to attract migrating customers. Coinbase incentivized transfers from non-compliant platforms with a 5% bonus, while Ripple's authorization allows it to expand regulated payment and stablecoin services across Europe. The changes also open space for stablecoins like USDC and RLUSD as USDT faces restrictions, potentially impacting regional revenues and crypto adoption in the EU market.

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XRP futures volume hits $11.37B amid 57% price rebound before Sept. 15 CLARITY Act vote

XRP futures volume hits $11.37B amid 57% price rebound before Sept. 15 CLARITY Act vote

XRP's derivatives trading volume surged to $11.37 billion on August 22, the highest since February, coinciding with a 57% price rebound from about $0.90 in mid-August to $1.41 by September 7. This increase in futures activity and leverage, especially...

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Ripple shifts $1.36M RLUSD stablecoin supply from XRP Ledger to Ethereum in major cross-chain move

Ripple shifts $1.36M RLUSD stablecoin supply from XRP Ledger to Ethereum in major cross-chain move

Ripple has moved 1,363,614.85 RLUSD stablecoins from the XRP Ledger to the Ethereum blockchain by burning the tokens on XRP and minting the same amount on Ethereum. This cross-chain repositioning likely aims to expand RLUSD liquidity across supported...

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Altcoin futures open interest surpasses Bitcoin for first time since 2024, led by Zcash surge.

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Open interest in altcoin perpetual futures exceeded Bitcoin's on September 6, 2026, marking the first time since December 2024. This shift is driven by strong gains in mid-cap altcoins like Zcash, whose open interest hit a record $2.4 billion as its ...

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Neutral
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XRP nears $1.41 with bullish trend and potential long-term targets up to $27 amid ETF inflows and Fed watch.

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XRP is trading near $1.41 with a market cap of $88.47 billion and shows a bullish trend as it holds above key moving averages. Analyst EGRAG CRYPTO's Elliott Wave analysis suggests possible long-term price targets ranging from $6.19 to $27, depending...

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XRP futures hit 6-month high as whales prepare for Sept 15 Senate vote

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