Key Takeaways:
- Ripple President sees rising U.S. banking interest in crypto—XRP adoption likely to soar post-election.
- Settlement between SEC and Ripple nears, raising optimism for an XRP-spot ETF approval.
- UBS recommends crypto allocation for wealthy clients, reflecting growing institutional trust.
- Bitcoin climbs above $104K amid soft U.S. inflation data and ETF inflows.
📰 XRP News: Ripple Signals Major U.S. Crypto Shift
XRP price continued to rise on Tuesday, May 13, following bullish comments from Ripple President Monica Long, who predicted 2025 could be the year the U.S. crypto market opens wide. She highlighted a rapid change in tone from American banks regarding Ripple’s blockchain solutions and stablecoin RLUSD, especially after the upcoming November elections.
“It feels like the floodgates are going to open this year,” said Long, as she noted a surge in banking interest for Ripple’s transaction infrastructure.
This positive sentiment, coupled with ongoing regulatory developments, is increasing XRP’s adoption outlook and attracting institutional attention.
⚖️ Ripple vs. SEC: Settlement Hopes Fuel Optimism
Investors are closely watching Judge Analisa Torres, who is deliberating on whether to lift the ban on institutional XRP sales and lower Ripple’s $125 million penalty. The SEC’s recent settlement proposal signals progress toward resolution.
If granted, this could:
- Pave the way for an XRP-spot ETF
- Eliminate legal ambiguity around XRP’s security classification
- Open the door to greater institutional investment
🏦 UBS Endorses Crypto Exposure – A Game-Changer
Swiss banking giant UBS is now advising its high-net-worth clients to allocate up to 5% of portfolios to crypto. Legal expert John Deaton noted:
“It’s riskier to have zero crypto exposure now than a small stake.”
This shift from traditional finance (TradFi) further underscores the growing demand for regulated digital assets, with XRP likely to benefit if ETF approval follows.
📊 XRP Price Forecast: Eyeing $3.00 Breakout
- XRP closed at $2.5840 after gaining 1.54% on Tuesday.
- A breakout above the $2.6553 resistance could push it to test $3.00 and challenge the all-time high.
- Key support remains at $2.35.
- Broader crypto sentiment is bullish, fueled by cooling inflation and improving trade conditions.
Bitcoin Price Analysis: BTC Reclaims $105,000 as Inflation Cools
Bitcoin (BTC) rebounded to $104,120, reversing previous losses as U.S. inflation eased to 2.3%, the lowest since 2021. Core CPI held steady at 2.8%, boosting expectations for dovish Fed policy and increasing appetite for risk assets like Bitcoin.
The Nasdaq Composite rose 1.61%, showing widespread market optimism.
📈 BTC ETF Flows: BlackRock’s IBIT Keeps Bull Run Alive
- iShares Bitcoin Trust (IBIT) extended its inflow streak to 21 days, attracting over $5 billion in new capital.
- Despite outflows from Fidelity’s FBTC, the overall BTC-spot ETF market stayed in positive territory.
Nate Geraci, President of ETF Store, commented:
“Anyone remember ‘no demand’? We’re now 20 straight days into inflows.”
📉 Bitcoin Price Forecast: $115K Within Reach?
- BTC has now held above $100K for five straight sessions, indicating strong bullish demand.
- A potential break above $105K could drive BTC toward the $109,312 record high.
- Short-term catalysts: Fed guidance, ETF inflows, Bitcoin Act legislation, and global trade news.
If the proposed Bitcoin Act—calling for the U.S. to acquire 1 million BTC—is passed, Bitcoin’s supply could tighten significantly.
🔍 What to Watch – May 14, 2025:
- 🔹 Judge Torres’ ruling on SEC-Ripple settlement
- 🔹 Updates on XRP-spot ETF filings
- 🔹 U.S. retail sales and PPI data
- 🔹 ETF inflow trends and Fed commentary
- 🔹 Global trade headlines and crypto policy shifts
📝 Final Thoughts
With XRP riding a wave of institutional interest and legal clarity on the horizon, and Bitcoin enjoying tailwinds from inflation relief and ETF demand, both assets are primed for major bullish moves.
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