Bitnomial introduced the first XRP-based crypto futures product, which received CFTC approval in the USA, thus marking a major advancement for the cryptocurrency market. The company launched Bitnomial after it decided to withdraw its pending lawsuit against the SEC that began in October 2024. Bitnomial XRP-based crypto futures launched when the SEC v. Ripple lawsuit underwent significant developments as the SEC decided to end its legal pursuit during the Ripple case. The XRP futures from Bitnomial build a regulated XRP trading platform that enhances market transparency and customer trust.
Bitnomial Launches First CFTC-Regulated XRP Futures – Game Changer for Crypto!
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In a major move for the cryptocurrency sector, Bitnomial is the first cryptocurrency derivatives exchange in the United States to introduce CFTC-regulated XRP futures, which will go live on January 14, 2025. The phase in which a corporation chose to voluntarily withdraw from the legal action against the SEC, which had begun in October 2024, cast a shadow over this future in XRP trading. Which of the two jurisdictions might be included in the definition of whether XRP futures are securities was the subject of the contest program. Bitnomial presents a hurdle in this regard.
Brad Garlinghouse, the CEO of Ripple, hailed the Commission’s March 19, 2025, notice that it would not pursue an appeal against a lower court decision that had declared XRP not a security in retail sales against Ripple as a significant victory for the cryptocurrency community. This move is in line with other recent events in the SEC vs. Ripple epic saga.
Customers will be able to trade in XRP in a regulated manner with the launch of bitnomial XRP futures, which will also boost market confidence and transparency. The futures will physically settle, delivering genuine XRP units at expiration, establishing a new, regulated way for institutions and individual investors to trade XRP futures. In this regard, it is consistent with the broader trend of progressive liberalization, which views the future with greater regulatory clarity and may pave the way for more groundbreaking products like XRP futures.
XRP Price Prediction: XRP at Critical Breakout Point – Will It Skyrocket Past $3.50?
$XRP The Ripple coin is at a make-or-break point as the price of XRP is trading close to the top of its declining channel.
XRP may move above $3.50 or higher if it breaks above the upper resistance ($2.70-$2.80), confirming a bullish trend.
However, the price of XRP may return to support levels at $2.00 or perhaps $1.70 (200-day SMA) if it is rejected and moves back within the channel.
An additional source of excitement that would encourage speculation was the introduction of bitnomial xrp futures. Within the designated channel, the technical signs continue to point to a consolidation phase. Though cautiously, XRP prices are generally seen favorably. XRP will continue its upward trajectory and set aside short-term variations because to the legal clarity and overall improved attitude following the SEC vs. Ripple case.
The Future of Ripple
The introduction of Bitnomial XRP futures is viewed as a positive step for XRP’s future. With long-term price projections for the xrp reaching as high as $15, analysts expect the possibility of price increases. In one way or another, these predictions will be supported by the resolution of the SEC lawsuit and regulated XRP futures, which will also encourage investor confidence in XRP and potentially lead to market adoption. XRP’s price movements are expected to be positively impacted by an improving regulatory environment, positioning it for gains in the larger cryptocurrency market.
