Kalshi is expanding its presence in the U.S. crypto market by filing to offer perpetual futures contracts on a broad range of digital assets including XRP, Ethereum, Solana, Dogecoin, and Stellar. This move aims to bring high-volume crypto derivatives trading onshore under U.S. regulation, following recent CFTC approval of Bitcoin perpetual futures. By introducing these products, Kalshi seeks to shift liquidity from offshore platforms to a regulated domestic venue, meeting growing demand from retail and institutional investors for compliant crypto exposure. This development signals a significant step in the institutionalization and regulation of crypto derivatives in the U.S., aligning with similar moves by CME Group and others.
Institutional investors pulled nearly $1.5 billion from Bitcoin and Ethereum last week, with Bitcoin alone seeing $1.438 billion in outflows, reflecting a broad market de-risking amid volatility. However, XRP bucked this trend, attracting $20.3 milli...
Cryptocurrency markets saw a broad decline, with Bitcoin dropping more than 5% to around $67,513 and Ethereum falling over 2%. Many altcoins also experienced losses, including XRP, ADA, and SOL, while a few tokens like ZEC and LAB showed notable gain...
XRP has fallen below its crucial $1.30 support level, breaking a symmetrical triangle pattern that suggests a bearish trend. Analysts now expect the price to test the next support at $1.14, with technical indicators and historical seasonal trends poi...
Ripple unlocked 1 billion XRP tokens on June 1 as part of its scheduled monthly release, coinciding with a surge in institutional interest through American XRP ETFs, which recorded $118.29 million in net inflows in May. While the large token release ...
XRP ETFs have seen steady inflows totaling $1.43 billion in May, even as XRP's price dropped 2.5%. Meanwhile, Bitcoin ETFs experienced outflows exceeding $4 billion over four weeks. Ripple expanded its USD-backed stablecoin RLUSD into Turkey through ...
