Tag: promotes

CME launches XRP as institutional demand promotes the growth of cryptoderivates

[ad_1]

  • Contracts are settled in cash, referenced to the XRP-Dólar reference rate.
  • The standard size of futures is 50,000 xRP; The micro contracts are at 2,500 xrp.
  • XRP joins the existing cme suite, which includes Bitcoin, Ethereum and Solana.

    • The Chicago Mercantile Stock Exchange (CME) group has officially launched XRP futures and micro XRP futures, which is an important expansion of their regulated offers of cryptocurrency derivatives.

    With this incorporation, XRP, currently the largest fourth digital active for market capitalization, joins Bitcoin, Ethereum and Solana as part of the CME cryptographic products set.

    The new contracts, which became negotiable on Sunday, May 18 at night, aim to specifically serve institutional investors seeking a regulated exhibition to XRP.

    The measure also reflects a broader demand for diversified cryptoactives within the traditional financial infrastructure.

    CME launches XRP contracts

    CME introduced two XRP -based products, future XRP standard and future micro XRP, in its CME Globex and CME Clearport platforms.

    The standard size of the contract is 50,000 XRP, while future micro represent 2,500 XRP per contract.

    Both instruments are settled in cash and are compared to the reference rate CME CF XRP-DOLOL, a mechanism designed to offer a stable and transparent assessment of the underlying asset.

    Rate structures vary according to the type of participant and the negotiation center, with separate classifications for institutional investors, market creators and negotiation companies on their own.

    These products were first reported in January through unofficial documentation and formally confirmed in April, waiting for regulatory authorization.

    Increase institutional interest

    The CME decision of launching XRP derivatives reflects the growing institutional interest in diversified vehicles for cryptocurrency investment.

    The inclusion of XRP occurs at a time when CME’s own cryptoderivated segment is experiencing rapid growth.

    During the first quarter of 2025, CME reported an interannual increase of 141 percent in the daily average cryptoderivated volume, reaching the 198,000 contracts and the 11.3 billion dollars in notional value.

    The open interest also rose 83 percent, with a total of 21.8 billion dollars.

    The availability of XRP futures is expected to improve market liquidity, provide new roads for coverage and support the price discovery.

    These elements are especially relevant to institutional assets, coverage funds and negotiation tables that evaluate exposure to digital assets within a framework in accordance with the risk.

    The Ripple case is still not resolved

    The launch, however, coincides with the continuous legal challenges of Ripple in the United States.

    The Bag and Securities Commission (SEC) continues to pursue sanctions against the company, despite a previous partial legal victory for Ripple with respect to the XRP state in secondary markets.

    More recently, a federal US judge rejected Ripple’s request to reduce a proposed financial sanction, citing limitations to modify the final sentences.

    This current regulatory uncertainty in the US could influence the market reception of new futures products.

    However, the introduction of XRP contracts through a regulated exchange can help mitigate some concerns by offering institutional degree tools that adhere to compliance standards.

    Share-This-Article
    Categories

    [ad_2]

    https%3A%2F%2Fcoinjournal.net%2Fes%2Fnoticias%2Fcme-lanza-futuros-de-xrp-a-medida-que-la-demanda-institucional-impulsa-el-crecimiento-de-los-criptoderivados%2F

    Dogecoin rises 18% as the trade agreement promotes cryptocurrency market activity

    [ad_1]

  • The commercial agreement between the United States and the United Kingdom raised the feeling of investors in digital assets.
  • At the time of writing this article on Friday, Doge quoted at approximately $ 0.206.
  • Open interest increased 18% to 2,170 million dollars, driven by long positions.

    • Dogecoin (Doge) rose 18% this week, recovering the USD 0.20 brand after exceeding key technical levels on Thursday.

    The rebound occurs after a new commercial agreement signed between the United States and the United Kingdom, which triggered a bullish impulse throughout the cryptocurrency market.

    The Doge’s upward movement reflects the broader optimism of investors, with recoveries throughout the market that help it exceed the exponential mobile socks (EMA) of 50 and 100 days, historically strong resistance areas for the meme currency.

    At the time of writing this article on Friday, Doge quoted at approximately $ 0.206, having established a support base above $ 0.20.

    The renewed interest was accompanied by a strong increase in the volume of negotiation and the activity of derivatives, which suggests a greater participation of institutional and retail operators.

    Fountain: Coinmarketcap

    $ 13 million in liquidations

    The Dogecoin rebound caused a wave of liquidations in the futures market, with approximately USD 13 million in positions eliminated in the last 24 hours.

    According to Coinglass datashort liquidations represented the majority with USD 11.3 million, while the lengths represented only USD 1.6 million.

    This imbalance indicates a manual Squeeze Short, in which a strong price increase forces traders with bearish positions quickly, pushing even higher prices in the process.

    The open interest (OI) in Doge’s futures also rose 18% to USD 2.17 billion, a sign of the growing appetite of the operators.

    The increase in OI, especially long positions, suggests that market participants are positioning for new increases.

    The relationship between long and short of 2,4602 binance positions reinforces this trend, showing that more traders bet because Doge Suba.

    The volume activity joined the bullish confirmation. The volume of operations of 24 hours of Doge shot 74.49% to the USD 4.5 billion, with a high volume during an upward trend that is generally considered a confirmation of the force of the impulse.

    The head and inverse shoulders point to a rupture of USD 0.24

    Dogecoin has come out of a classic inverse and shoulders, often seen as a sign of bullish reversal.

    The structure, observed in the daily chart, projects a potential movement of 33% from the level of rupture, which places the next target price around 0.24 dollars.

    The projection is based on the pattern height, measured from the head to the neckline, and is applied above the breakdown.

    Currently, Doge is trying to stabilize above the 100 -day EMA at 0.20 dollars.

    If this support is maintained, it is likely that the bullish impulse will continue in the next sessions.

    The MACD indicator also shows a positive divergence, with green bars in the histogram on the central line that point to an increase in bullish pressure.

    However, traders must remain cautious. The RSI has reached 70.31, entering the overcompra zone.

    While this does not immediately indicate a reversal, it often precedes short -term corrections.

    In the event that Doge goes back from the current levels, the 50 -day EMA in USD 0.18 can serve as a key support and reentry zone.

    Share-This-Article
    Categories

    [ad_2]

    https%3A%2F%2Fcoinjournal.net%2Fes%2Fnoticias%2Fdogecoin-sube-un-18-a-medida-que-el-acuerdo-comercial-impulsa-la-actividad-del-mercado-de-criptomonedas%2F

    Exit mobile version