A landmark rollout further reinforces 3iQ’s track record as a trusted innovator in delivering regulated, first-to-market digital asset investment solutions.
Ripple, the leader in enterprise blockchain and crypto solutions, is an early investor in the fund.
The 3iQ XRP ETF (TSX: XRPQ, XRPQ.U), which launches with a 0% management fee for the first six months, provides exposure to a digital asset that has grown by 10,800% since January 2015.
3iQ rang the closing bell at the Toronto Stock Exchange to mark XRPQ’s first day of trading.
3iQ Corp., a global pioneer in digital asset investment solutions, is pleased to announce the launch of the 3iQ XRP ETF (TSX: XRPQ, XRPQ.U), which began trading on the Toronto Stock Exchange (TSX). The 3iQ team rang the closing bell on 18 June on the TSX floor to commemorate this historic launch. XRPQ is one of the first exchange-traded fund (ETF) in North America to provide investors with exposure to XRP, the third-largest digital asset by market capitalization.
Ripple, the leader in enterprise blockchain and crypto solutions, is an early investor in the fund. 3iQ’s new ETF enables investors to gain long-term exposure to XRP in a transparent and cost-effective way.
XRPQ debuts with a 0% management fee for the first six months, placing it among the most competitively priced digital asset ETFs. It will invest only in long-term holdings of XRP purchased from reputable digital asset trading platforms and over-the-counter (OTC) counterparties. The underlying assets will be fully secured in standalone cold storage. XRPQ is available for investment through registered accounts in Canada, and its TSX listing enables access for qualified investors globally, subject to local regulations.
“The launch of XRPQ marks another milestone in our mission to provide investors with convenient, cost-effective access to digital assets within a regulated framework,” said Pascal St-Jean, President and CEO of 3iQ. “XRP has demonstrated significant growth potential over the past decade, and this groundbreaking strategy offers Canadian and qualified global investors a transparent, low-cost and tax-efficient way to securely access that opportunity. Ripple Labs’ investment support reflects our shared leadership in advancing the digital asset space.”
XRP is the native digital asset of the XRP Ledger, an open-source blockchain designed for high-speed, low-cost payments across borders. The XRPL consistently settles transactions in three to five seconds, with fees often less than a fraction of a cent. Since January 2015, XRP’s price has climbed from $0.02 to over $2.19, an increase of more than 10,800%. Ongoing regulatory clarity and growing institutional interest have positioned the XRPL to solve real-world use cases such as global remittances, liquidity management, and broader blockchain applications.
Earlier this year, 3iQ launched the 3iQ Solana Staking ETF (TSX: SOLQ), which invests in long-term Solana (SOL) holdings while delivering staking rewards. SOLQ quickly became the largest Solana ETF following its launch and as of June 12, 2025 has over $120 million USD in assets under management.
Source: 3iQ
A reminder as Canadians begin trading the 3iQ XRP ETF today: regulatory clarity drives innovation. Canada had the world’s first Bitcoin ETF in 2021. Now it beat the US with an XRP ETF. It’s way past time for the US to catch up and get crypto market structure legislation done.
IN the Barbados Daily Nation newspaper of May 12, 2025, there is the headline “Top Sagicor execs paid $13.9m”. A visitor to Barbados might wonder why this would be of interest to Barbadian readers, because Sagicor is a wholly-owned Canadian insurance company; 50 per cent of its assets are in Canada, another quarter in the USA, and of the remainder, the largest share is in Jamaica, not in Barbados. None of the “top execs” referred to in the headline is Barbadian. Barbadians, however, will know that this modest-sized Canadian company is the modern incarnation of the Barbados Mutual Life Assurance Society, born in Bridgetown in 1840. By 1997 when the company’s history entitled The Rise of the Phoenix was published, it stood at the pinnacle of the Barbadian financial system.
In its heyday in the 1960s and 1970s, the managing directors of the Barbados Mutual were among the leading bankers and captains of industry and commerce whose remit covered all areas of finance and trade, not only in Barbados but throughout the Caribbean. Daily at lunchtime, these business leaders walked from their offices on Broad St to the Mutual’s distinctive cast iron headquarters building at the west end of the street, entering through an unobtrusive side door and heading upstairs to the Bridgetown Club. There they could enjoy a lunch that regularly featured the club’s famous fried melts and Bajan soup with sweet dumplings and breadkind, and take a sip or two of corn ‘n’ oil, as they discussed the region’s economic fortunes. In those days banks’ Eastern Caribbean offices located in Barbados had a wide scope of authority for the management of their local portfolios, and there were a sizeable number of Barbadian and regional companies with networks across the Caribbean, whose presence marked Bridgetown as a thriving financial and commercial centre.
Over the course of the 21st century much has changed. The Barbados Mutual’s directors and membership made the change from a mutual society to a corporation whose shares were traded on the regional securities exchanges. Over time, with different exchange rates and low trading volumes, especially on the Barbados exchange, it became more efficient to trade on a single larger securities exchange outside the Caribbean. This prompted the move to the Toronto exchange. Other Barbadian multinational firms and insurance companies have also made the decision to sell to Canadian interests. Yet others have failed or have been bought by regional or foreign interests.
The transformation of Sagicor has arguably made it a stronger company, by virtue of the extraordinary growth which the listing in Toronto has made possible. When the company was first listed on the Toronto Stock Exchange just six years ago its assets were a little short of US$9 billion; today it has grown to two and a half times that size. Backed by assets and reserves in the Canadian financial market, its capacity to cover risks may be even higher than the growth in its assets suggests. In addition, operating under the surveillance of the highly-regarded Canadian Office for Supervision of Financial Institutions lends Sagicor a degree of credibility beyond what Barbados and the rest of the Caribbean can offer. It was from that Canadian institution that the region learned supervisory skills.
Although the number of Barbadian-owned multinationals has dwindled, the services they once provided are still available. The Barbados Mutual Life Assurance Society is no more, but Sagicor Life provides Jamaicans, Barbadians and others in the Caribbean with the full range of insurance products available in the North American market. Commercial banks have curtailed personal banking services in favour of online banking and credit and debit cards, leaving credit unions and other non-banks as the main providers of face-to-face services. A wide variety of new trade and distributional channels are replacing the Caribbean’s traditional trading, wholesale and retailing businesses.
It may be that not much has been lost with the demise of the household names of the twentieth century, except the pride of local ownership.
DeLisle Worrell is a former governor of the Central Bank of Barbados. His Economic Letters may be found under “Commentary” at DeLisleWorrell.com.
(MENAFN– Newsfile Corp)
Toronto, Ontario–(Newsfile Corp. – June 19, 2025) – Nathalie Megann, CPIR, President & Chief Executive Officer, Canadian Investor Relations Institute (“CIRI”) along with members of the capital market community, joined Berk Sumen, CPIR, Managing Director, TSX and TSX Venture Exchange Company Services, to close the market to celebrate the start of CIRI’s 38th Annual Investor Relations Conference.
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CIRI’s Annual Conference is the second-largest gathering of IR practitioners in the world. Over two days of programming, the conference will bring together industry leaders and IR experts that offer their views and advice during numerous breakout sessions, panel discussions and presentations.
CIRI is a professional, not-for-profit association of executives responsible for communication between public corporations, investors and the financial community. With four Chapters and close to 400 members across Canada, CIRI is the world’s third-largest society of investor relations professionals.
MEDIA CONTACT: Nathalie Megann, CPIR President & Chief Executive Officer CIRI 416.364.8200 x101 …
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SOURCE: Toronto Stock Exchange
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Alkane Resources has received a key regulatory approval in Sweden for its proposed merger of equals with Mandalay Resources.
Alkane confirmed that Sweden’s Inspectorate of Strategic Products had approved the deal under the Swedish Foreign Direct Investment (FDI) Act.
The proposed merger, announced in April, will see Alkane acquire all issued and outstanding shares of Mandalay under a court-approved plan of arrangement under British Columbia law. Mandalay shareholders will receive 7.875 Alkane shares for each Mandalay share held.
Once complete, the merged entity will become an emerging mid-tier gold and antimony producer valued at around $1 billion.
Former Mandalay shareholders will own approximately 55 per cent of the company and Alkane shareholders will hold the balance on an undiluted basis.
“The transaction will take Alkane to a new level, bringing together two companies with complementary assets and a shared vision for growth,” Alkane managing director Nic Earner said in April.
“The combination of assets, leadership, and supportive long-term shareholders enhances our scale and financial strength and positions us well to continue to pursue additional growth opportunities.”
The proposed merger has been unanimously approved by the Alkane and Mandalay boards, with directors from both companies recommending that shareholders vote in favour of the transaction.
“The transaction presents a compelling opportunity for Mandalay shareholders to accelerate value creation through increased capital markets scale, liquidity and a growing diversified asset base,” Mandalay president and chief executive officer Frazer Bourchier said in April.
“We are excited to have found a like-minded partner committed to the same principles. The transaction aligns with our vision to create a mid-tier gold and antimony producer with mines in premier operating jurisdictions and with our strategy for continued growth.”
Once the transaction is completed, the merged entity will operate as ‘Alkane Resources’ on the ASX and the Toronto Stock Exchange exchange, the latter of which Mandalay is currently trading.
The transaction still requires approval from the British Columbian Supreme Court, the Foreign Investment Review Board of Australia and shareholders from both companies.
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XAO DAO has announced plans to launch the first decentralized autonomous organization (DAO) on the XRP Ledger. The Wyoming-based limited liability company (LLC) disclosed this on X, noting that it will bring a new era of decentralized innovation.
According to the announcement, XAO DAO is a next-generation governance engine for the XRPL network that will allow users to participate in the network governance. The post highlighted why DAOs are important, noting that they promote transparent processes and empower users to participate actively.
XAO DAO is a for-profit entity co-founded by Fabio Marzella and Santiago Velez. With the DAO, XRPL network users can become involved in its governance once they become a member and can vote on allocating network resources to support ecosystem projects and other proposals.
Interestingly, the DAO stated there is no plan to launch a token as the core focus is on real utility, and XRP remains the token.
It said:
“Our focus is on real utility, governance, grants, and community. Not meme charts and mystery pumps. Show up. Get involved. Help build. That’s the real value to help shape the future of the XRPL.”
Meanwhile, the post explained how voting would work, noting that voting value will be based on the amount of XRP held at the time of the snapshot, with all votes mattering equally. XAO DAO is yet to launch, but those interested in becoming members can already sign up for the waitlist.
How will the XAO DAO function
While the XAO DAO post focused on what the DAO brings to XRPL, popular XRP investor WrathofKahneman on X explained its purpose. He stated that XAO DAO is expected to provide a governance mechanism for distributing the 1 billion XRP that Ripple allocated to develop the XRPL ecosystem.
So far, Ripple has been handling the allocation of the grants to projects on XRPL. However, a newly formed XRPL Foundation is now set to take over that responsibility, and the Foundation will use the XAO DAO governance system to determine who gets the grant.
Interestingly, the XRPL Foundation’s bylaws give XAO DAO a board. The DAO, along with XRPL Commons, XRPL Labs, and Ripple Labs, are the founding members of the XRPL Foundation.
Meanwhile, XAO DAO founder Santiago Velez has explained that the DAO governance application will use both XRPL and the XRPL Ethereum Virtual Machine (EVM) sidechain. While the XRPL will be used to record membership of the LLC, the sidechain will be used to mint and burn governance tokens for each proposal and vote.
Decentralized governance could boost XRPL DeFi
With XRPL now set to support decentralized governance, many people in the XRP community have welcomed the news as a big step towards full decentralization. For them, it is a sign of maturity and could finally boost innovation and DeFi activity on XRPL.
While the network has been around for 13 years, it has struggled to generate significant activity compared to its peers. However, recent developments suggest that this could change. Since the XRPL APEX Conference, the network has seen several integrations and more upcoming products.
Circle USDC recently expanded to the network, while Ondo Finance also launched tokenized US treasuries. Its EVM sidechain is also set to deploy soon.
Meanwhile, XRP itself is also positioned to increase adoption by TradFi and DeFi. On June 18, asset manager 3iQ launched an XRP exchange-traded fund (ETF) on the Toronto Stock Exchange. Several DeFi protocols are also developing products around XRP, and Flare Network plans to introduce FXRP on its mainnet. Firelight protocol also wants to launch a liquid staking derivative of the token stXRP.
All the interest and developments concerning XRPL and XRP have already boosted the network activity, with a 3-month average for active addresses now at 295,000. XRP has also held steady despite recent volatility and is up more than 1% today.
Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
Calgary, Alberta–(Newsfile Corp. – June 19, 2025) – Olympia Financial Group Inc. (TSX: OLY) (“Olympia“) announces that at its annual meeting of shareholders, held on June 18, 2025, the following seven (7) director nominees were elected:
NOMINEE
VOTES FOR
VOTES WITHHELD
Number
Percent
Number
Percent
Richard Skauge
690,056
99.374%
4,349
0.626%
Craig Skauge
690,153
99.388%
4,252
0.612%
Gerard Janssen
688,269
99.116%
6,136
0.884%
Brian Newman
688,269
99.116%
6,136
0.884%
Antony Balasubramanian
685,762
98.755%
8,643
1.245%
Anthony Lanzl
690,962
99.504%
3,443
0.496%
Paul Kelly
663,689
95.577%
30,716
4.423%
Article content
In addition, the re-appointment of PricewaterhouseCoopers LLP, Chartered Accountants, as auditors of Olympia was approved.
VOTES FOR
VOTES WITHHELD
Number
Percent
Number
Percent
697,465
99.955%
315
0.045%
About Olympia Financial Group Inc.
Olympia conducts most of its operations through its subsidiary Olympia Trust Company, a non-deposit taking trust company. Olympia Trust Company is licensed to conduct trust activities in Alberta, British Columbia, Saskatchewan, Manitoba, Quebec, Newfoundland and Labrador, Prince Edward Island, New Brunswick, and Nova Scotia. Olympia Trust Company administers self-directed registered plan accounts, corporate trust, and transfer agency services. Olympia also provides currency exchange and global payment services through its subsidiary Olympia Currency and Global Payments Inc., and offers private health services plans and information technology services to exempt market dealers, registrants, and issuers through its subsidiary Olympia Benefits Inc.
Olympia’s common shares are listed on the Toronto Stock Exchange under the symbol “OLY”.
New data shows that although more than half of Canadian renters say they spend more than a third of their net income on rent, many are seriously considering purchasing a home sooner rather than later.
However, there are factors holding them back.
“Affordability has improved and we wanted to understand if that had impacted the attitude of renters towards making a move from being a tenant to an owner,” says CEO of Royal LePage Phil Soper.
“We did find that 54 per cent of those polled did want to move into owned housing.”
According to the 2025 Canadian Renters Report, 54 per cent of those currently renting their homes this year plan to purchase a property in five years or less, with one-third of those respondents saying they plan to do so within the next two years.
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At the same time, many of those who plan to buy say they’re still waiting to jump into the market. This may raise the question — what are they waiting for, exactly?
Of those renters who said they were considering purchasing a home within the next few years, 40 per cent said they were waiting for property prices to decline, while 29 per cent said they were waiting on further interest rate cuts by the Bank of Canada.
The central bank’s overnight, or benchmark, interest rate remains at 2.75 per cent, as it has since April with the economy overall taking a cautious approach amid the trade war brought on by U.S. President Donald Trump’s tariff policies.
Ground broken on new development to bring 230 affordable homes to Calgary
“Waiting rarely, rarely works out well…it’s very rare to see home prices decline,” says Soper.
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“Home prices don’t come down. Just like overall cost of living rises over time, so does the cost of housing, and you shouldn’t try to time house prices like you’re getting into timing a stock on the Toronto Stock Exchange.”
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For other Canadians surveyed, it may be less about timing the market and more about being priced out of it altogether.
Of those surveyed who currently rent but are looking to purchase within the next five years, more than 25 per cent said the reason they haven’t made a purchase yet was that they couldn’t qualify for financing or a mortgage.
There are multiple reasons why a bank or other lender may deny a loan, like a mortgage, to someone, including a poor credit score, but if that isn’t the case, often it comes down to an insufficient down payment or a household income that is too low to support the monthly payments.
The government of Canada recommends saving personal funds for a down payment on a home between five and 20 per cent of the purchase price, but that varies depending on the price of that home and other factors.
Canada to accelerate affordable housing with $25 billion investment, Carney says
Many renters may not be able to save enough every month to reach their goals in addition to monthly rent costs.
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The survey results showed that of all renters nationally, 30 per cent said they had to reduce their contributions to savings, retirement or both in order to afford their rent payments.
“It takes sacrifices to live in cities and pay rents or pay mortgages, and I think therein lies one of the challenges with living in a country like Canada where we have a structural housing shortage, we don’t have enough homes for our growing population,” says Soper.
“Rent and mortgage payments are high if you want to live in the most vibrant cities with the most employment opportunities.”
Sales in Canada have already started to rise, as the Canadian Real Estate Association reports that in May, there was a 3.6 per cent increase in the number of units sold, signalling that many buyers who had been waiting took the plunge into the real estate market last month.
The Leger survey, commissioned by Royal LePage, polled more than 1,800 Canadian renters over the age of 18 between June 2 and 9, and included those in major cities such as Vancouver, Edmonton, Calgary, Winnipeg, Toronto, Ottawa-Gatineau, Sherbrooke, Que., Quebec City and Montreal.
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ChatGPT has predicted the end-of-year prices of three major cryptocurrencies: XRP, Shiba Inu, and Bitcoin Cash.
The AI chatbot believes that $XRP can hit a high of $15, almost 600% up from its current price of $2.15. This could be thanks to increasing $XRP adoption and possible ETF approvals.
Plus, around 2,700 wallets now hold more than 1M $XRP, which is the highest level of adoption seen to date. This shows increasing global corporate interest in the Ripple-based payment crypto.
Keep reading to find out GPT’s predictions for the other two tokens, our take on its predictive abilities, and why, despite being a good option for research, it doesn’t stack up to trading tools like Snorter Token, arguably the most powerful sniping bot on the market.
ChatGPT on Shiba Inu & Bitcoin Cash
ChatGPT believes Shiba may hit $0.00008–$0.00012 by the end of the year. The asset is currently trading at $0.00001160, which means it would see a 10x rise according to GPT’s prediction.
While it may seem steep, increasing adoption of Shiba’s Layer 2 solution, Shibarium, alongside token burn events may propel the coin to new highs.
On the other hand, GPT has made a more modest prediction for Bitcoin Cash ($BCH), expecting it to reach around $1,200-$1,500 by the end of 2025, a 3x increase from the current price of $464.
$BCH has already moved more than 30% in the last 2 months, showing good bullish momentum. So, it’s absolutely possible for the asset to close the year somewhere near to ChatGPT’s predictions.
While the predicted numbers may seem outrageous to some, they aren’t exactly unfathomable.
Crypto markets are known for their crazy directional moves, and with several bullish legislative and institutional signals flaring up, ChatGPT’s predictions may prove to be pretty accurate.
Here’s the kicker: while ChatGPT can provide pretty educated price analysis based on current market trends and sentiment, it can’t execute trades on your behalf, let alone keep you safe from any dangers that come with trading meme coins.
That’s where Snorter Bot, powered by the Snorter Token, becomes a sight to behold.
What is Snorter Token?
Snorter Token ($SNORT) is the crypto behind Snorter Bot, a new Telegram-based trading bot that aims to provide retail meme coin degens a level playing field alongside whales and institutions.
Snorter’s biggest selling point stands in its advanced trading tools and its ability to snipe the best meme coins as soon as they’re listed on exchanges.
This is a game-changing feature because early snipes are usually the ones that capture massive gains before the broader market tags along.
Another huge benefit of using Snorter Bot is low trading fees.
Unlike the competition, such as Banana Gun and Bonk Bot, which charge a minimum of 1%, Snorter Bot clamps it down to just 0.85%. Thanks to this, you’ll retain more of your profits when trading.
How Snorter Bot Keeps You Safe from Scams and Attacks
Snorter Bot’s security is top of the ladder, too. For starters, your swaps are routed through a private Solana RPC infrastructure, which ensures priority execution and front-running protection.
Additionally, the bot will protect you against honeypots and scams by checking every token before allowing trades. It will automatically block those that exhibit signs of malicious activity.
Snorter Bot also uses MEV-resistant relays, which will safeguard you against sandwich attacks.
For those unaware, sandwich attacks are incredibly dangerous and used by malicious actors to exploit price slippage, which ends up costing you more per transaction.
Much of this growth is down to Snorter’s trading features and tight security, which will keep the $SNORT token in high demand. However, we must also consider the potential of the overall crypto trading bot market.
It was valued at a whopping $1.2B in 2023. More importantly for our analysis, it’s expected to reach $4.5B by 2030, with a CAGR of 15.6%.
Another reason for Snorter’s exponential growth would be its Telegram roots. After all, it’s an insanely popular platform among traders, who make up a fair chunk to its 950M active monthly users.
So, in addition to giving you access to one of the best trading bots going around, buying $SNORT could also prove to be a good crypto flip once the token presale ends.
Because the Snorter Token is currently in presale, prices are still low. One token sells for just $0.0957, and the project has so far raised over $1.1M in early investor funding.
To learn more about the project, check out its whitepaper. You can also join its X and Instagram channels for regular updates and communication.
Disclaimer: While there’s no second-guessing $SNORT’s value proposition, bear in mind that investments in crypto are subject to market risks. Always do your own research before investing. This article isn’t financial advice.
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
Southern Cross Gold (ASX:SX2) has received conditional approval to list on the Toronto Stock Exchange
The company continues to its ASX listing and operates within the ASX 300 and All Ordinaries indices
Sunday Creek Project underscores dual-metal value with gold and antimony mineralization
Southern Cross Gold Consolidated Ltd (ASX:SX2) operates within the materials sector, a presence on the ASX 300 and the broader All Ordinaries of the Australia share market. The company has announced receipt of conditional approval to graduate from the TSX Venture Exchange to a listing on the Toronto Stock Exchange, a move that aligns with its growing strategic significance in the global mining landscape. SX2 will retain its listing on the ASX, allowing Australian market participants continued exposure to its performance.
TSX Listing Approval and Strategic Dual-Market Access
The conditional listing on the Toronto Stock Exchange expands Southern Cross Gold’s visibility within North American markets. This development reflects the growing relevance of SX2’s primary asset, the Sunday Creek Project, located north of Melbourne. Final listing on the TSX remains contingent upon standard procedural requirements, after which the company will delist from the TSX Venture Exchange and commence trading on the TSX under the symbol SXGC.
Sunday Creek Project and Mineral Profile
The Sunday Creek Gold-Antimony Project represents a significant exploration and development effort focused on a high-grade dual-metal system. Situated in a region known for its mineral-rich geology, the project features a unique “Golden Ladder” structure. This pattern of mineralization has been tracked from surface to over a kilometer underground, extending along a multi-kilometre strike.
The combined presence of gold and antimony sets Sunday Creek apart. Antimony, which has gained geopolitical significance following export restrictions from key producers, adds strategic weight to the project’s output. While gold remains the dominant economic driver, the antimony content offers an additional layer of relevance, particularly in the context of defense and technology applications.
Positioning Within Global Critical Mineral Supply Chains
Southern Cross Gold has drawn increased attention due to its inclusion in the United States Defense Industrial Base Consortium and its alignment with legislative updates under the AUKUS framework. These developments position SX2 as a contributor to Western supply chains for critical materials, especially antimony. With key metals like antimony now prioritized for domestic sourcing by multiple governments, Sunday Creek’s dual-metal structure places it in a favorable supply position.
Exploration Activity and Land
The company controls a sizable free land package in the Sunday Creek area, which supports long-term exploration and operational flexibility. An extensive drill program, expected to progress through the third quarter of 2025, reflects ongoing efforts to define and expand the resource base. Drilling to date has yielded consistently mineralized intercepts, strengthening the project’s geological continuity.
Technical Attributes and Metallurgical Efficiency
Initial metallurgical assessments at Sunday Creek have demonstrated favorable characteristics for conventional processing. The mineralization is classified as non-refractory, which supports efficient gold recovery via gravity separation and flotation techniques. These processing efficiencies contribute to the feasibility of long-term extraction while maintaining a lower environmental and operational footprint.
Dividend Relevance Within Corporate Framework
Although Southern Cross Gold remains primarily focused on exploration and project development, its presence in indices like the ASX 300 and All Ordinaries places it among companies often observed for future generating. Entities within these indices are frequently monitored in relation to asx dividend stocks, particularly as they progress toward operational maturity and production phases.
Market and Expansion Path
Southern Cross Gold’s advancements underline a broader trend in the resource sector toward securing diversified listings and engaging cross-jurisdictional bases. The TSX approval and ongoing development at Sunday Creek reinforce the company’s alignment with structural shifts in critical mineral demand and the importance of secure, scalable exploration assets across politically stable jurisdictions.
The XRP
price has entered a consolidation phase following its 600% surge in 2024,
currently trading at almost $2.16 as of Thursday, June 19, 2025. This
represents a slight decline of 0.11% in the past 24 hours, with the
cryptocurrency maintaining relative stability amid broader market uncertainty.
The
current XRP news landscape is dominated by ongoing settlement
discussions between Ripple and the SEC, creating a complex environment for
price movement analysis.
Moreover, the most up-to-date XRP price predictions for 2025 and beyond suggest that the crypto may soon end current consolidation and reach a new ATH.
XRP price
today reflects a market in transition, with the cryptocurrency
demonstrating resilience despite geopolitical tensions and regulatory
uncertainty. The token has maintained its position above the crucial $2.00
psychological support level, even as trading volumes fluctuate significantly
across major exchanges.
For one
XRP, the current price on Binance is $2.1545, and the price is moving within an
increasingly narrow range between the 50 and 200 EMAs.
XRP/USDT price today. Source: Tradingview.com
Recent
price action shows XRP trading within a narrow range between $2.15 and $2.35,
with technical indicators suggesting continued sideways movement.
The MACD indicator
displays a flat trend, indicating neither strong buying nor selling pressure in
the immediate term. This consolidation pattern follows months of price
stability after the dramatic rally that began in late 2024.
Trading
data reveals substantial volume spikes on certain exchanges, with Coinbase
experiencing an extraordinary 29,140.38% increase in XRP/USD trading volume,
reaching $246.20 million. This unusual activity coincides with increased
speculation around potential XRP exchange-traded fund approvals and
institutional accumulation patterns.
Technical
analysis reveals XRP has formed a symmetrical triangle pattern, suggesting a
potential breakout in either direction, though the timing and magnitude remain
uncertain.
Based on my
review of the XRP/USDT chart, the price is moving within a time- and
price-limited wedge (or triangle) pattern, with the lower boundary aligning
with the 200 EMA almost from the very beginning. The 50 EMA currently runs
through the middle of the channel, acting as a local resistance, while the
upper boundary is defined by a series of lower highs formed since this year’s
peak. A breakout from this formation, either upward or downward, could allow
XRP to regain some momentum.
XRP technical analysis. Source: Tradingview.com
Key support
levels are established at $1.79, with analysts noting that a break below this
threshold could trigger additional selling pressure and weaken the current
bullish outlook. Conversely, resistance sits at $2.34, where a decisive
break could signal the beginning of a new upward trend.
Related: XRP Price Could Reach $8 in 2025, According to Latest XRP/USDT Technical Prediction
XRP Price Prediction
Outlook Suggest Another Leg Up
The XRP
price prediction landscape presents mixed signals as the cryptocurrency
navigates through its current consolidation phase.
However, crypto
analyst Michael XBT, who accurately predicted XRP’s previous 600% rally,
suggests the cryptocurrency may be approaching the end of its sideway movement.
His analysis indicates XRP has been consolidating for seven months following
its massive surge, and the next major move could align with broader market
developments.
“Last year, I shared an XRP prediction that helped many ordinary people become millionaires.
The cabal didn’t like it.
They tried to stop me in various ways.
Yesterday, I posted another XRP prediction..
I wouldn’t be surprised if they try to stop me again when it plays out,” he commented.
Last year, I shared an XRP prediction that helped many ordinary people become millionaires.
The cabal didn’t like it.
They tried to stop me in various ways.
Yesterday, I posted another XRP prediction..
I wouldn’t be surprised if they try to stop me again when it plays out. https://t.co/49ZsoVxT1E
The
ongoing Ripple vs SEC case continues to be a primary driver of XRP
price sentiment and market dynamics. Recent developments indicate both parties
are actively pursuing a settlement that could fundamentally alter XRP’s
regulatory landscape.
On June 17,
Ripple filed a Supplemental Letter urging Judge Analisa Torres to acknowledge
the negotiated settlement terms. The company emphasized that the SEC’s
commitment to provide “clear rules of the road” for the crypto
industry supports their request for settlement acknowledgment. This development represents a
significant shift from the adversarial relationship that has characterized the
case since 2020.
Just as I said…we can’t get an answer “anytime”. This week will be a good week 💪
Ripple has just filed a supplemental letter supporting the motion for an indicative ruling to Judge Analisa Torres pic.twitter.com/XNlaD9ofEf
— The Real Remi Relief 🙏✝️💪 (@RemiReliefX) June 17, 2025
The
settlement discussions involve reducing Ripple’s penalty from $125 million to
$50 million and lifting the permanent injunction that restricts institutional
XRP sales. Legal expert Bill Morgan suggests that if the SEC and Ripple
obtain the indicative ruling they’re seeking, the matter could be concluded
within several weeks.
The June
16 deadline for SEC status reports has passed, with the regulator
requesting an additional 60-day extension until August 15, 2025. This
extension allows more time for settlement negotiations while keeping the
appeals process on hold.
Several
interconnected factors are currently influencing XRP price dynamics
beyond the regulatory landscape. The broader cryptocurrency market sentiment,
measured by the Fear & Greed Index at 48, indicates neutral territory with
total market capitalization at $3.26 trillion.
ETF
speculation has emerged as a significant catalyst for XRP trading
activity. Purpose Investments reportedly plans to launch Canada’s first spot
XRP ETF on June 18, 2025, listed on the Toronto Stock Exchange under ticker
XRPP3. Additionally, the SEC faces
deadlines on October 18 and 19 to make decisions on proposed XRP-based ETFs
from Grayscale and 21Shares.
Institutional
activity patterns suggest growing accumulation, with Ripple moving 498 million
XRP worth approximately $270 million to unknown wallets, stirring speculation
about strategic positioning. This movement coincides with increased
on-chain engagement and rising investor participation metrics.
The ISO
20022 standard implementation timeline also presents potential catalysts,
with the U.S. Federal Reserve’s Fedwire Funds Service scheduled to complete its
migration on July 14, 2025. This technical upgrade could enhance XRP’s
utility in cross-border payment systems.
Long-term Price
Projections and Market Outlook
Extended XRP
price prediction models present varying scenarios based on different
adoption and regulatory outcomes. Changelly forecasts suggest XRP could reach
minimum prices of $54.48 by January 2034 and maximum levels of $89.64 by
December 2034.
More
conservative projections from Telegaon align closely with Changelly’s
estimates, suggesting consistency among major forecasting platforms. These
long-term predictions assume continued growth in cross-border payment adoption
and favorable regulatory environments.
Scenario analysis indicates:
Bullish case: Favorable settlement outcome
and ETF approvals could drive prices toward $5-8 range by 2026
Base case: Continued consolidation with
gradual appreciation to $3-5 range over 12-18 months
Bearish case: Adverse regulatory outcomes
could pressure prices toward $1.60-2.00 support levels
How High Can XRP Price Go?
The XRP
price currently reflects a market in equilibrium, balancing regulatory
uncertainty against growing institutional interest and technical consolidation
patterns. At $2.16, XRP maintains critical support levels while awaiting
catalysts that could drive the next significant price movement.
Key factors
to monitor include the SEC settlement resolution timeline, ETF approval
decisions, and broader cryptocurrency market sentiment. The combination of
reduced trading volumes and tight price ranges suggests a period of
accumulation before the next major trend emerges.
Market
participants should focus on the August 15 SEC status report deadline and any
developments in the settlement negotiations, as these factors will likely
determine XRP’s near-term price trajectory. The cryptocurrency’s ability to
maintain current support levels while regulatory clarity emerges will be
crucial for sustained price appreciation.
The XRP
price has entered a consolidation phase following its 600% surge in 2024,
currently trading at almost $2.16 as of Thursday, June 19, 2025. This
represents a slight decline of 0.11% in the past 24 hours, with the
cryptocurrency maintaining relative stability amid broader market uncertainty.
The
current XRP news landscape is dominated by ongoing settlement
discussions between Ripple and the SEC, creating a complex environment for
price movement analysis.
Moreover, the most up-to-date XRP price predictions for 2025 and beyond suggest that the crypto may soon end current consolidation and reach a new ATH.
XRP price
today reflects a market in transition, with the cryptocurrency
demonstrating resilience despite geopolitical tensions and regulatory
uncertainty. The token has maintained its position above the crucial $2.00
psychological support level, even as trading volumes fluctuate significantly
across major exchanges.
For one
XRP, the current price on Binance is $2.1545, and the price is moving within an
increasingly narrow range between the 50 and 200 EMAs.
XRP/USDT price today. Source: Tradingview.com
Recent
price action shows XRP trading within a narrow range between $2.15 and $2.35,
with technical indicators suggesting continued sideways movement.
The MACD indicator
displays a flat trend, indicating neither strong buying nor selling pressure in
the immediate term. This consolidation pattern follows months of price
stability after the dramatic rally that began in late 2024.
Trading
data reveals substantial volume spikes on certain exchanges, with Coinbase
experiencing an extraordinary 29,140.38% increase in XRP/USD trading volume,
reaching $246.20 million. This unusual activity coincides with increased
speculation around potential XRP exchange-traded fund approvals and
institutional accumulation patterns.
Technical
analysis reveals XRP has formed a symmetrical triangle pattern, suggesting a
potential breakout in either direction, though the timing and magnitude remain
uncertain.
Based on my
review of the XRP/USDT chart, the price is moving within a time- and
price-limited wedge (or triangle) pattern, with the lower boundary aligning
with the 200 EMA almost from the very beginning. The 50 EMA currently runs
through the middle of the channel, acting as a local resistance, while the
upper boundary is defined by a series of lower highs formed since this year’s
peak. A breakout from this formation, either upward or downward, could allow
XRP to regain some momentum.
XRP technical analysis. Source: Tradingview.com
Key support
levels are established at $1.79, with analysts noting that a break below this
threshold could trigger additional selling pressure and weaken the current
bullish outlook. Conversely, resistance sits at $2.34, where a decisive
break could signal the beginning of a new upward trend.
Related: XRP Price Could Reach $8 in 2025, According to Latest XRP/USDT Technical Prediction
XRP Price Prediction
Outlook Suggest Another Leg Up
The XRP
price prediction landscape presents mixed signals as the cryptocurrency
navigates through its current consolidation phase.
However, crypto
analyst Michael XBT, who accurately predicted XRP’s previous 600% rally,
suggests the cryptocurrency may be approaching the end of its sideway movement.
His analysis indicates XRP has been consolidating for seven months following
its massive surge, and the next major move could align with broader market
developments.
“Last year, I shared an XRP prediction that helped many ordinary people become millionaires.
The cabal didn’t like it.
They tried to stop me in various ways.
Yesterday, I posted another XRP prediction..
I wouldn’t be surprised if they try to stop me again when it plays out,” he commented.
Last year, I shared an XRP prediction that helped many ordinary people become millionaires.
The cabal didn’t like it.
They tried to stop me in various ways.
Yesterday, I posted another XRP prediction..
I wouldn’t be surprised if they try to stop me again when it plays out. https://t.co/49ZsoVxT1E
The
ongoing Ripple vs SEC case continues to be a primary driver of XRP
price sentiment and market dynamics. Recent developments indicate both parties
are actively pursuing a settlement that could fundamentally alter XRP’s
regulatory landscape.
On June 17,
Ripple filed a Supplemental Letter urging Judge Analisa Torres to acknowledge
the negotiated settlement terms. The company emphasized that the SEC’s
commitment to provide “clear rules of the road” for the crypto
industry supports their request for settlement acknowledgment. This development represents a
significant shift from the adversarial relationship that has characterized the
case since 2020.
Just as I said…we can’t get an answer “anytime”. This week will be a good week 💪
Ripple has just filed a supplemental letter supporting the motion for an indicative ruling to Judge Analisa Torres pic.twitter.com/XNlaD9ofEf
— The Real Remi Relief 🙏✝️💪 (@RemiReliefX) June 17, 2025
The
settlement discussions involve reducing Ripple’s penalty from $125 million to
$50 million and lifting the permanent injunction that restricts institutional
XRP sales. Legal expert Bill Morgan suggests that if the SEC and Ripple
obtain the indicative ruling they’re seeking, the matter could be concluded
within several weeks.
The June
16 deadline for SEC status reports has passed, with the regulator
requesting an additional 60-day extension until August 15, 2025. This
extension allows more time for settlement negotiations while keeping the
appeals process on hold.
Several
interconnected factors are currently influencing XRP price dynamics
beyond the regulatory landscape. The broader cryptocurrency market sentiment,
measured by the Fear & Greed Index at 48, indicates neutral territory with
total market capitalization at $3.26 trillion.
ETF
speculation has emerged as a significant catalyst for XRP trading
activity. Purpose Investments reportedly plans to launch Canada’s first spot
XRP ETF on June 18, 2025, listed on the Toronto Stock Exchange under ticker
XRPP3. Additionally, the SEC faces
deadlines on October 18 and 19 to make decisions on proposed XRP-based ETFs
from Grayscale and 21Shares.
Institutional
activity patterns suggest growing accumulation, with Ripple moving 498 million
XRP worth approximately $270 million to unknown wallets, stirring speculation
about strategic positioning. This movement coincides with increased
on-chain engagement and rising investor participation metrics.
The ISO
20022 standard implementation timeline also presents potential catalysts,
with the U.S. Federal Reserve’s Fedwire Funds Service scheduled to complete its
migration on July 14, 2025. This technical upgrade could enhance XRP’s
utility in cross-border payment systems.
Long-term Price
Projections and Market Outlook
Extended XRP
price prediction models present varying scenarios based on different
adoption and regulatory outcomes. Changelly forecasts suggest XRP could reach
minimum prices of $54.48 by January 2034 and maximum levels of $89.64 by
December 2034.
More
conservative projections from Telegaon align closely with Changelly’s
estimates, suggesting consistency among major forecasting platforms. These
long-term predictions assume continued growth in cross-border payment adoption
and favorable regulatory environments.
Scenario analysis indicates:
Bullish case: Favorable settlement outcome
and ETF approvals could drive prices toward $5-8 range by 2026
Base case: Continued consolidation with
gradual appreciation to $3-5 range over 12-18 months
Bearish case: Adverse regulatory outcomes
could pressure prices toward $1.60-2.00 support levels
How High Can XRP Price Go?
The XRP
price currently reflects a market in equilibrium, balancing regulatory
uncertainty against growing institutional interest and technical consolidation
patterns. At $2.16, XRP maintains critical support levels while awaiting
catalysts that could drive the next significant price movement.
Key factors
to monitor include the SEC settlement resolution timeline, ETF approval
decisions, and broader cryptocurrency market sentiment. The combination of
reduced trading volumes and tight price ranges suggests a period of
accumulation before the next major trend emerges.
Market
participants should focus on the August 15 SEC status report deadline and any
developments in the settlement negotiations, as these factors will likely
determine XRP’s near-term price trajectory. The cryptocurrency’s ability to
maintain current support levels while regulatory clarity emerges will be
crucial for sustained price appreciation.
