Ripple has secured preliminary approval for an Electronic Money Institution (EMI) license from Luxembourg’s financial regulator, the CSSF.

The milestone positions Ripple to expand Ripple Payments across the European Union, bringing institutional-grade digital asset infrastructure to the region.

We’ve secured our preliminary Electronic Money Institution license approval from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF). 🇪🇺

This is a pivotal step toward scaling Ripple Payments across the EU, bringing institutional-grade digital asset infrastructure… pic.twitter.com/GW3c9gVhDs

— Ripple (@Ripple) January 14, 2026

The market reacted positively to the news, with XRP price climbing 3.5% over the last 24 hours, slightly outperforming the broader crypto market’s 3.37% gain.

Trading volume also surged 74% to $4.65 billion, reflecting strong investor and institutional interest.

Ripple’s European expansion

This EMI license is a critical step for Ripple in scaling regulated payment services across Europe.

Luxembourg’s regulatory framework allows Ripple to passport its services across the EU and EEA under the upcoming MiCA regulations.

Ripple now has over 75 licenses and registrations worldwide and has processed more than $95 billion in transactions.

The company emphasises its role in bridging legacy finance with digital assets to unlock trillions in dormant capital.

With the EU leading in digital asset regulation, Ripple aims to help institutions move from pilot programs to commercial-scale operations.

The Luxembourg EMI license reinforces Ripple’s commitment to regulatory compliance, which could accelerate institutional adoption of XRP.

XRP price movement

Following the announcement, XRP price surged to $2.14, with a 24-hour range of $2.06 to $2.18.

The cryptocurrency crossed key technical thresholds, including the 7-day and 30-day SMAs, signalling bullish momentum.

The MACD histogram turned positive, while RSI remains at 61.63, indicating the market is not overbought.

High volume confirms the breakout, reducing volatility risks and suggesting strong market conviction.

XRP’s gains were supported by a broader crypto market rally, with Bitcoin (BTC) and Ethereum (ETH) posting 3.1% and 3.0% gains, respectively.

The Fear & Greed Index at 52 reflected neutral sentiment, allowing XRP to slightly outperform its peers.

XRP price forecast

Traders should watch $2.08 as immediate support, which is critical for sustaining the recent rally.

The first major resistance sits at $2.19, followed by $2.29 and $2.36.

Holding above $2.08 could see XRP test these resistance levels, while a drop below may open the path to $2.00.

The Luxembourg EMI license approval adds a fundamental catalyst that could support XRP’s price in the medium term.

With regulatory clarity and institutional adoption on the rise, XRP is poised to capture further upside in the European market.

Investors and traders should, however, closely monitor whether XRP can maintain strong volume above $3.5 billion, which would validate its breakout and signal continued bullish momentum.

The post XRP price jumps as Ripple secures Luxembourg EMI license appeared first on CoinJournal.

XRP price jumps as Ripple secures Luxembourg EMI license

Source: https://coinjournal.net/news/xrp-price-jumps-as-ripple-secures-luxembourg-emi-license/

Check our Market Overview 

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research (DYOR).

Ripple has taken a formal step into the regulated UK crypto market after securing approval from the country’s financial watchdog.

The development places Ripple among a limited group of digital asset firms that have met the UK’s compliance standards, at a time when regulators are tightening supervision of the sector.

The move reflects how crypto companies are increasingly navigating jurisdiction-by-jurisdiction rules to maintain access to key financial centres.

For the UK, it also underscores efforts to bring crypto activity within an established regulatory perimeter rather than leaving it to operate on the margins.

FCA registration status

Ripple’s UK subsidiary, Ripple Markets UK Ltd., has been registered with the Financial Conduct Authority under the country’s money laundering regulations.

The update appeared on the FCA’s official register on Friday, confirming that the entity has satisfied the regulator’s requirements related to financial crime controls.

Registration under these rules signals that Ripple complies with UK standards on anti-money laundering and counter-terrorist financing.

Firms listed on the register are required to monitor transactions, carry out customer due diligence, and report suspicious activity.

For crypto businesses, this registration is a legal requirement to operate certain services in the UK.

Scope of the approval

While the registration allows Ripple to carry out specific crypto-related activities, it does not amount to full financial services authorisation.

The FCA’s approval is limited in scope and does not permit activities such as offering regulated investment products or providing broader banking services.

This distinction is central to the UK’s regulatory framework for digital assets.

Crypto firms can gain entry to the market by meeting baseline compliance requirements, but further permissions are needed as business models expand into more heavily regulated areas.

Ripple’s status reflects compliance with financial crime rules rather than a comprehensive licence.

UK regulatory direction

Ripple’s approval comes as the UK seeks to position itself as a global hub for digital assets while strengthening oversight.

Policymakers have been working to integrate crypto firms into existing regulatory structures, focusing first on areas such as money laundering and terrorist financing risks.

The FCA has adopted a selective approach to crypto registrations, with many applicants failing to meet its standards in previous years.

Against this background, inclusion on the register indicates that Ripple has cleared a relatively high compliance bar.

The process also highlights the regulator’s emphasis on governance and controls rather than rapid market expansion.

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UK’s FCA grants regulatory approval to Ripple

Source: https://coinjournal.net/news/uks-fca-grants-regulatory-approval-to-ripple/

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Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research (DYOR).

The cryptocurrency industry is gradually moving toward a world where no single platform dominates.

Rather than being locked in one blockchain, users, institutions, and developers want cross-chain transfers based on demand and opportunities.

Meanwhile, stablecoins remain at the center of this transaction as they have proven to be the entry point for new players navigating the on-chain economy.

Ripple seems to acknowledge this reality.

According to today’s, December 15, announcement, the blockchain company confirmed it has started testing stablecoin RLUSD on multiple Ethereum L2 platforms.

The experiment marks a crucial move towards the asset’s public debut, scheduled for 2026 after regulatory approval.

Meanwhile, the current testing phase will occur across Base, Unichain, and Ink, leveraging Wormholde’s interoperable infrastructure for streamlined movement between different networks.

Commenting on the latest move, Ripple’s Stablecoin SVP Jack McDonald acknowledged stablecoins as the gateway to decentralized finance and institutional adoption.

He added:

 RLUSD is designed from the ground up to be the trusted, liquid medium necessary for users to seamlessly enter, interact with, and exit the entire digital asset economy. By launching RLUSD, the first US Trust Regulated stablecoin on these L2 networks, we are not just expanding utility; we are setting the definitive standard where compliance and on-chain efficiency converge.

Why do L2 platforms matter?

Layer 2 networks have proven to be some of the busiest avenues in the cryptocurrency sector.

These blockchains are faster, cheaper, and more practical for day-to-day usage than the primary Ethereum network, which faces challenges like congestion and costly transactions.

Therefore, L2s have emerged as the perfect homes for decentralized applications, on-chain services, and digital payments.

By launching RLUSD into these platforms, Ripple is tapping into the potential where real user activity is happening.

Notably, Optimism will serve as the initial entry, with access linked to platforms like Unichain, Ink, and Base.

Such an approach allows Ripple’s stablecoin to grow alongside solid user activity.

Meanwhile, Ripple is working with Wormhole and its NTT (Native Token Transfers) standard.

With this setup, RLUSD can move between different chains while remaining a consistent, single token.

Ripple controls the stablecoin’s issuance, whereas users enjoy flexibility across multiple platforms.

The announcement added:

Leveraging Wormhole’s Native Token Transfers (NTT) standard allows Ripple to maintain native issuance and control of RLUSD while providing the security and flexibility of on-chain liquidity movement across these new ecosystems.

Strengthening XRP’s ecosystem

RLUSD’s strategic expansion also bolsters the overall XRP ecosystem.

Stablecoins are crucial in trading, digital payments, and liquidity, and Ripple is pushing its stablecoin where demand already exists.

XRP is hovering at $1.93 after dropping 3% the past 24 hours.

Its performance reflects the overall market sentiments.

The cryptocurrency market remains deteriorated, as Bitcoin struggles below $90K, now trading at $87.7K.

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Ripple expands RLUSD stablecoin to Ethereum Layer 2 networks

Source: https://coinjournal.net/news/ripple-expands-rlusd-stablecoin-to-ethereum-layer-2-networks/

Real-world asset tokenisation is becoming one of crypto’s most active areas in 2025, and OpenEden is positioning itself at the centre of this shift with a new round of investment supported by major industry players.

The company confirmed on Tuesday that leading trading firms, venture capital groups, blockchain networks and institutional infrastructure providers have backed its latest raise to expand access to tokenised US Treasurys.

The round, which follows OpenEden’s 2024 raise with YZi Labs, comes at a time when short-dated government debt has emerged as one of the fastest-growing niches in digital assets as institutions look for familiar, regulated yields on-chain.

Tokenisation demand drives new investment push

OpenEden said the fresh capital will help it scale its tokenisation-as-a-service platform as more institutions look to move traditional assets onto public blockchains.

The firm is leaning into rising demand for regulated products tied to government debt, with short-term Treasurys becoming a preferred entry point for investors seeking on-chain yield that mirrors conventional markets.

The company did not disclose the size of the round, but it confirmed participation from Ripple, Lightspeed Faction, Gate Ventures, FalconX, Anchorage Digital Ventures, Flowdesk, P2 Ventures, Selini Capital, Kaia Foundation, and Sigma Capital.

Expansion of TBILL and USDO across markets

A significant portion of upcoming development will centre on OpenEden’s two main offerings: TBILL, its tokenised US Treasury fund, and USDO, a stablecoin backed by those same Treasurys.

USDO and its wrapped version, cUSDO, have already been integrated across decentralised exchanges and lending markets.

Earlier this year, Binance authorised cUSDO as off-exchange collateral.

OpenEden said the new investment will support broader distribution of these products and allow the company to introduce additional market structures tied to real-world financial assets.

Broader product pipeline builds institutional focus

Beyond Treasurys, OpenEden is preparing several new instruments designed to deepen institutional engagement with tokenised markets.

These include upcoming tokenised bond exposure, a multi-strategy yield token and a range of structured products aimed at investors familiar with traditional income-generating instruments.

In August, the company appointed BNY Mellon as custodian and investment manager for the Treasurys underlying TBILL.

The product has also received investment-grade ratings from S&P Global and Moody’s, marking a notable step in bridging conventional market requirements with decentralised finance infrastructure.

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Ripple, leading VCs invest in OpenEden to support the real-world asset tokenisation firm’s expansion

Source: https://coinjournal.net/news/ripple-leading-vcs-invest-in-openeden-to-support-the-real-world-asset-tokenisation-firms-expansion/

The countdown for a potential US spot XRP exchange-traded fund (ETF) has officially begun, with asset manager 21Shares filing an amended prospectus that activates a 20-day window under Section 8(a) of US securities law.

The move marks a significant step toward possible approval from the Securities and Exchange Commission (SEC) and has sparked renewed optimism within the XRP community.

21Shares triggers 20-day countdown

The development was first highlighted by Bloomberg ETF analyst Eric Balchunas, who noted in a post on X (formerly Twitter) that “21Shares just dropped an 8(a) for their spot XRP ETF. 20 day clock in effect.”

The Section 8(a) provision stipulates that a registration statement becomes effective automatically after 20 days unless the SEC intervenes to delay or request amendments.

The amended filing removes any “delaying amendment” language, meaning the countdown to potential effectiveness is now underway.

If the SEC does not act within the 20 days, the filing would become effective automatically, paving the way for the fund’s launch.

This procedural step has also been taken by other prospective XRP ETF issuers, signaling increasing competition among asset managers to bring the first US spot XRP ETF to market.

Canary Capital joins the XRP ETF race

The 21Shares filing follows a similar move by Canary Capital Group, whose XRP ETF filing also entered its 20-day countdown window earlier.

Canary Capital, in a post on social media, told investors to “get ready,” adding that the Canary XRP ETF (XRPC) is “coming soon.”

The proposed ETF would trade on Nasdaq under the ticker XRPC, holding XRP in custody with Gemini Trust Company and BitGo Trust Company.

The fund would use the CoinDesk XRP CCIX New York Rate as its official pricing benchmark.

Canary Capital’s entry into the race comes after the firm successfully launched the first US spot ETFs for Litecoin (LTC) and Hedera (HBAR) in late October — a move that strengthened investor confidence in the possibility of additional crypto ETF approvals, including for XRP.

Ripple momentum builds ahead of potential approval

The XRP ETF progress adds to what has already been a significant period for Ripple Labs and the broader XRP ecosystem.

Ripple recently announced new partnerships with Mastercard and WebBank to support settlement for its RLUSD stablecoin, while the XRP Ledger (XRPL) surpassed 100 million ledgers recorded.

Ripple’s stablecoin RLUSD also achieved a milestone, crossing the $1 billion circulation mark.

These milestones, coupled with the ETF momentum, have fueled optimism that institutional interest in XRP could rise sharply if an ETF gains regulatory clearance.

Market participants note that a US-approved spot XRP ETF would provide traditional investors with exposure to XRP through regulated channels, potentially driving liquidity and adoption.

As the 20-day countdown unfolds, the crypto community remains on watch.

Should the SEC refrain from issuing delays, the 21Shares XRP ETF could soon become the latest addition to the expanding lineup of digital asset investment products in the US.

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Countdown begins for XRP spot ETF as 21Shares files amended prospectus

Source: https://coinjournal.net/news/countdown-begins-for-xrp-spot-etf-as-21shares-files-amended-prospectus/

Ripple, the enterprise blockchain leader in cross-border payments, has secured a landmark $500 million strategic investment, with its valuation at $40 billion.

Led by global investment giants Fortress Investment Group and Citadel Securities, the raise signals investor confidence in Ripple and its expanding role in global finance.

Ripple raises $500 million funding round

On Wednesday, November 5, 2025, as the crypto market grappled with sell-off pressure, Ripple delivered one of the biggest news .

The company announced it had secured $500 million in fresh funding, with the financing round valuing it at $40 billion.

Apart from Fortress Investment Group and Citadel Securities, participation attracted Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace.

Overall, this is a funding move that marks one of the largest private financings in the blockchain sector this year.

The raise comes after Ripple’s recent $1 billion tender offer at the same valuation.

Meanwhile, it’s a move that caps what the firm and its leadership have described as the crypto industry giant’s strongest year on record.

Brad Garlinghouse, the chief executive officer of Ripple, described the funding as validation of Ripple’s long-term vision.

“This investment reflects both Ripple’s incredible momentum, and further validation of the market opportunity we’re aggressively pursuing by some of the most trusted financial institutions in the world,” he noted. “We started in 2012 with one use case – payments – and have expanded that success into custody, stablecoins, prime brokerage and corporate treasury, leveraging digital assets like XRP. Today, Ripple stands as the partner for institutions looking to access crypto and blockchain.”

Ripple will tap into the new capital to support key platfom initiatives.

These will include product development, global regulatory engagement, and expansion of Ripple’s liquidity solutions.

Also on card are the company’s stablecoin initiative and custody services.

Ripple continues mega growth trajectory

The capital injection arrives amid a banner stretch for Ripple.

Payment volumes on the XRP Ledger have surged, as has adoption for the firm’s regulated stablecoin, Ripple USD (RLUSD).

Indeed, RLUSD recently surged past a $1 billion market cap.

Elsewhere, Ripple Prime, the institutional brokerage arm born from the acquisition of Hidden Road, is live.

These are only a few of the many milestones in Ripple’s transformation from a remittance-focused startup to a full-stack financial-technology provider.

In the past few months, the company has closed multiple deals, including those valued at $1 billion.

October’s purchase of GTreasury came after the earlier acquisition of Rail as Ripple looked to fortify its stablecoin footprint.

The company has also expanded its US presence with a New York trust charter earlier this year, enabling regulated custody and payment services.

The post Ripple announces $500M raise at $40 billion valuation appeared first on CoinJournal.

Ripple announces $500M raise at $40 billion valuation

Source: https://coinjournal.net/news/ripple-announces-500m-raise-at-40-billion-valuation/

Ripple is in the limelight again. This time outside crypto.

The remittance company has taken it to X to confirm purchasing the treasury management firm GTreasury for $1 billion.

The deal has gained traction as it marks Ripple’s bold move toward democratizing corporate finance.

Notably, GTreasury boasts a four-decade experience serving leading brands, and offers the traditional credibility that matches Ripple’s ethos.

The blockchain firm aims to transform the financial space with speed, reduced entry barriers, and lower fees, solving problems that have long engulfed the TradiFi space.

We’re proud to announce @Ripple is acquiring treasury management leader GTreasury: https://t.co/9EF3tWLKaF

The fusion of Ripple’s enterprise crypto solutions with GTreasury’s 40+ years of expertise immediately opens the multi-trillion-dollar corporate treasury market.

Learn how…

— Ripple (@Ripple) October 16, 2025

Commenting on the acquisition, Ripple CEO Brad Garlinghouse has said:

Ripple’s and GTreasury’s capabilities together bring the best of both worlds, so treasury and finance teams can finally put their trapped capital to work, process payments instantly, and open up new growth opportunities.

Ripple unlocks a new era for treasury management

The $1 billion purchase reflects Ripple’s dedication to combining old and new technology to revolutionize global finance.

Moreover, the timing appears perfect.

Corporate treasuries are exploring ways to navigate the new finance, which is centered around digital currencies.

Most are grappling with the best strategies to handle things like stablecoins and tokenized deposits.

Meanwhile, Ripple has acquired GTreasury to merge decades of treasury expertise and blockchain technology.

The alliance focuses on two things.

Firstly, it aims to unlock idle funds for enterprises to access new liquidity through strategic collaborations, like partnering with prime broker Hidden.

Secondly, corporations will enjoy near-instant payments, cutting the current settlement time to seconds from days.

GTreasury CEO Renaat Ver Eecke said:

The combination of our cash forecasting, risk management, and compliance foundation with Ripple’s speed, global network, and digital asset solutions creates an opportunity for treasuries to manage liquidity, payments, and risk in the new digital economy.

Why does it matter?

Ripple’s move into enterprise finance is about transformation and growth.

Treasury management systems have relied on outdated infrastructure for years, lagging behind tech innovation.

Blockchain is about to change that, with Ripple’s venture into the space promising transparency, efficiency, and speed in international monetary operations.

Keep in mind that Ripple’s XRPL can process up to 1,500 TPS (transactions per second).

Precisely, this acquisition connects two worlds. Ripple’s blockchain-centric efficiency meets GTreasury’s expertise in corporate finance.

Success here could alter how leading companies handle liquidity in the changing fiscal landscape.

With GTreasury’s acquisition, Ripple expands beyond cryptocurrency as it shapes the next phase of finance.

XRP price outlook

Ripple’s native token mirrored the current downside in the broader marketplace.

XRP hovers at $2.38 after losing more than 3% in the past 24 hours.

The GTreasury acquisition updates failed to flip sentiments as they coincided with Bitcoin’s dip below $108,000.

The cryptocurrency market exhibits significant selling pressure.

XRP should reclaim $2.80 to avoid potential declines to the support barrier at $2.10.

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Ripple (XRP) makes $1B move into corporate finance with GTreasury acquisition

Source: https://coinjournal.net/news/ripple-xrp-makes-1b-move-into-corporate-finance-with-gtreasury-acquisition/

XRP has entered October with renewed momentum, breaking above the $3 mark and capturing the attention of traders, institutions, and regulators alike.

The cryptocurrency, which has often played second fiddle to Bitcoin (BTC) and Ethereum (ETH) in major rallies, is now being positioned by analysts and market watchers as a possible leader of the next bullish wave.

A mix of whale accumulation, mounting XRP ETF speculation, and a favourable macroeconomic backdrop has set the stage for what could be one of XRP’s most decisive periods in years.

Whales’ appetite for XRP on the rise

Large holders have made their presence felt in recent days, with wallets holding between 100 million and one billion XRP adding over half a billion tokens worth $1.54 billion.

That surge brought whale balances close to record highs and underscored conviction at current levels.

Even after minor profit-taking, whale positions remain elevated, reflecting confidence in XRP’s trajectory.

At the same time, short-term investors have also been building positions. The one-month to three-month holding group has grown steadily, while the share of supply moving within a single day spiked dramatically.

Together, this simultaneous whale and retail accumulation has created a rare moment of alignment, with both ends of the market betting on a breakout above $3.10 in the short term.

XRP ETFs approval odds surge ahead of October ruling

Much of the growing enthusiasm stems from the looming decisions on several spot XRP exchange-traded fund applications.

The US SEC is scheduled to issue its first ruling on October 18, with six more cases lined up through the following week.

Notably, regulatory changes, including the adoption of new Generic Listing Standards, have boosted approval odds and drawn comparisons to the process that paved the way for Bitcoin ETFs.

The Bitcoin ETFs have already attracted more than $150 billion in inflows, and if XRP ETFs receive similar approval, even on a smaller scale, the resulting accessibility for traditional investors could mark a turning point.

Prediction markets, including Polymarkets, are already pricing approval odds at above 99%, fueling speculative flows in anticipation of a green light.

Institutions are accumulating XRP

Alongside ETF bets, corporate treasuries are also beginning to add XRP.

VivoPower, a Nasdaq-listed company, announced plans to allocate $19 million into XRP, while Japan’s Gumi has added more than $13 million worth to its holdings.

These moves reinforce the idea that firms see XRP as more than just a speculative token, but also as a long-term asset with utility in cross-border payments.

Ripple itself has been pushing forward on the institutional front.

In Japan, SBI Holdings has expanded institutional XRP lending services after its partnership with Ripple, a move that deepens Asian liquidity.

Meanwhile, Ripple announced a $1.3 million donation in stablecoins to fund a new Center for Digital Assets at UC Berkeley, a hub that will focus on blockchain research and tokenisation of real-world assets.

These initiatives add weight to the narrative that XRP is positioning itself for broader financial adoption.

XRP price outlook

The XRP price has gained nearly 11% in the past week and more than 490% over the past year, reflecting its ability to capitalise on favourable cycles.

However, it has been locked in a descending triangular channel since early August, but recent moves suggest that pressure is building for a decisive break.

The token has already reclaimed both its 20-day and 50-day moving averages, with the Relative Strength Index (RSI) sitting in a neutral zone and momentum indicators like the MACD turning bullish.

The coming weeks could prove more decisive than the past year combined, especially with whale inflows, corporate treasuries stepping in, ETF deadlines approaching, and the macroeconomic backdrop turning supportive.

Eyes are currently at the short-term resistance at $3.10, which remains the key barrier for any further bullish momentum.

A sustained close above $3.10 could open the door to targets near $3.40 and potentially $3.66.

Some analysts even see the possibility of a run to $4.20 if strong volume and institutional flows accompany the move.

However, for the altcoin to sustain the current bullish breakout, it must remain above the support at $2.99, which has remained firm over recent sessions.

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XRP price outlook: why whales, ETFs, and rate cuts could send XRP soaring

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Ripple has announced that Spain’s second-largest bank, BBVA, would integrate its institutional-grade custody technology into the bank’s retail crypto platform in Spain.

This signals a new phase of mainstream adoption for digital assets in Europe, coming at a time when the region’s banks are embracing the regulatory clarity provided by the EU’s Markets in Crypto-Assets (MiCA) law.

Ripple’s crypto custody enters Spain

The agreement between Ripple and BBVA enables BBVA customers to trade and securely hold bitcoin and ether directly within the bank’s mobile application.

By using Ripple Custody, BBVA can manage cryptocurrencies and tokenised assets without depending on third-party intermediaries, giving customers a more seamless and trusted experience.

The Spanish lender disclosed the new offering to Spain’s National Securities Market Commission (CNMV), underscoring its commitment to transparency and compliance.

With this rollout, BBVA becomes one of the first major European banks to make crypto trading and custody services available to retail clients under a fully regulated framework.

Building on past collaborations

The new agreement is not the first between the two companies. Ripple and BBVA have previously worked together in Switzerland and Turkey, where the custody technology was deployed to support similar initiatives.

BBVA’s Swiss unit had already collaborated with Metaco, the digital asset firm Ripple acquired in 2023, to build out its custody operations.

The pair also tested real-time cross-border payments in earlier pilot projects, signalling a broader ambition beyond custody alone.

Last month, BBVA was reported to have taken on a role as one of the few independent custodians serving clients of Binance, the world’s largest crypto exchange.

European banks can offer crypto services under MiCA

BBVA’s move in Spain reflects a broader shift within Europe’s financial industry.

MiCA’s implementation has given traditional banks a clear path to enter the crypto sector while ensuring customers remain protected.

Ripple executives have pointed to MiCA as a turning point for the European banking sector.

Cassie Craddock, Ripple’s managing director for Europe, noted that the regulation gives banks the confidence to deliver digital asset services their customers have long demanded.

By adopting Ripple’s custody solution, BBVA can scale its offering to meet rising demand without compromising on compliance or security.

For Ripple, the deal in Spain adds another milestone in its strategy to support regulated financial institutions across Europe.

BBVA echoed the same sentiment, stressing that customers can now explore digital assets while maintaining the security expected from a global bank.

Francisco Maroto, who heads the lender’s digital asset unit, said Ripple’s custody system delivers the reliability and security needed to earn customer trust.

Moroto added that the partnership allows BBVA to provide an end-to-end custody service, strengthening the bank’s position as a leader in Europe’s evolving crypto landscape.

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Spanish bank BBVA taps Ripple to power retail crypto custody under MiCA

Source: https://coinjournal.net/news/spanish-bank-bbva-taps-ripple-to-power-retail-crypto-custody-under-mica/

XRP trader around $2.88 with buyers trying to flip positive amid downside pressure, with sellers having taken out bulls near the $3 mark.

As the Ripple token grapples with bearish sentiment that cuts across a volatile cryptocurrency market, weekly losses have jumped to over 10% and XRP risks further losses.

But could positive developments, including regulatory clarity and growing institutional interest, provide tailwinds for XRP’s potential rebound?

XRP price dips as weekly losses mount

XRP has declined by about 10% in the past week, and is trading around $2.88 as of writing on August 21, 2025.

The dip sees the Ripple cryptocurrency extend its drift from recent highs of $3.40, with downside action over the past week exceeding -10%.

Notably, this sees XRP form a downtrend line and slip below its 50-day simple moving average. As a critical technical indicator, this slip under the 50 SMA signals weakening momentum.

While this drop aligns with broader market dynamics, which has seen Bitcoin drop to $113k and Ethereum pare gains, XRP faces downward pressure amid notable whale selling.

Onchain data indicates whales have dumped about 460 million XRP in a little over a week, with bulls facing off with bears near the $3 mark.

XRP price forecast: tailwinds and technical outlook

Risk-off sentiment has engulfed a large part of the market as investors become jittery amid macro headwinds.

Inflation data, including a surprise surge in the US producer price index in July, added to the uncertainty. Geopolitical events and the upcoming Jackson Hole symposium, where Federal Reserve Chair Jerome Powell is expected to speak, are key events this week.

For the latter, XRP holders are as upbeat as the rest of the market.

Investors are braced for any potential signals that the Fed will cut interest rates, a likely boost for risk assets like cryptocurrencies. However, a hawkish Fed could further depress XRP.

$XRP looks ready to bounce! After perfectly timing the top, the signal now says BUY. pic.twitter.com/NBbQuXd7RG

— Ali (@ali_charts) August 20, 2025

Despite the current bearish tilt, XRP is still largely bullish amid notable tailwinds. This includes Ripple’s march to a resolution of its legal hurdle from the SEC lawsuit.

Additionally, Ripple’s RLUSD stablecoin is seeing growing integration and partnerships, as is XRP Ledger’s traction in payments and tokenization of real-world assets.

Potential XRP ETF and Ripple banking license approvals, expected in late 2025, provides further optimism.

On the charts, XRP faces immediate support at $2.80, with a deeper safety net in the $2.58 to $2.32 zone. However, if bulls reclaim the $3.00 to $3.40 area as support, a breakout could bring a new ATH into play, with targets of up to $10.

The post XRP price forecast as bulls and bears face off near $3 appeared first on CoinJournal.

XRP price forecast as bulls and bears face off near $3

Source: https://coinjournal.net/news/xrp-price-forecast-as-bulls-and-bears-face-off-near-3/