ProShares has been approved to list its Ultra XRP ETF on NYSE Arca, with trading set to begin by the end of this week. Per a July 14 filing with the Securities and Exchange Commission, NYSE Arca has certified the…

ProShares Ultra XRP ETF approved for NYSE Arca listing

BlackRock’s Q2 inflows into crypto funds accounted for 16.5% of all the total 
ETF inflows, marking a massive increase from just 2.8% in Q1 2025.

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OpenSea’s strategic pivot comes as NFT volumes have declined in five straight 
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In his June 14 video analysis, the market commentator CryptoInsightUK argued 
that XRP is on the verge of a “parabolic expansion” reminiscent of its 
performance in late 2017, contending that a price of $11 per token is 
attainable this cycle once Bitcoin finishes its latest impulse leg. The 
analyst built his case on a blend of historical fractals, liquidity-mapping, 
and derivatives-market data, concluding that “people are under-estimating 
where XRP is going to go this cycle.” Is $11 XRP Inevitable? CryptoInsightUK 
opened the session by noting that Bitcoin had just logged the highest weekly 
close in its history and that the total crypto-asset market capitalisation had 
set a record: “We got the highest ever close for total market cap as well now, 
and I’m looking to see this expansionary period.” With Bitcoin pushing into a 
“deep area of liquidity” on the daily chart but not yet reaching the next 
concentration of sell-side orders, he believes the set-up mirrors the early- 
November 2024 breakout that preceded a six-day, 31 percent surge. “Bitcoin’s 
done most of its move in the six days following the breakout,” he recalled, 
overlaying that sequence on today’s structure to infer that a similar window 
could open imminently. Related Reading: XRP Flashes Signal That Last Time 
Preceded A 464% Rally, Analyst Says For XRP, the key inflection lies a few 
cents above the psychological $3 mark. On the 15-minute chart, he observed 
that “XRP is starting to build some strong liquidity above us… up to about 
3.10,” describing that overhead cluster as potential fuel for a decisive push. 
Although the token briefly touched $3.03 in intraday trading, repeated 
attempts have stalled just below resistance. The analyst juxtaposed this 
behaviour with the way XRP lagged Bitcoin during the 2024 breakout: the coin 
“stalls out a little bit” while Bitcoin rips, then “really catches up,” moving 
from roughly $0.70 to $2.70 in nineteen days, before extending to $3.30. 
Translating that fractal forward, he warned: “It’s not going to be exactly the 
same, but if it’s six to ten days [for Bitcoin]… what happens next? Altcoins 
take over.” He bolstered the thesis with derivatives metrics. During the last 
XRP rally, a flip from negative to positive contract premium coincided with a 
sharp rise in open interest. That pattern is repeating: “Premium actually went 
green… on an increase in open interest and that is happening again now.” 
Funding rates remain subdued, implying that shorts still constitute a 
meaningful share of outstanding positions; as price pressure builds, those 
shorts could be “squeezed to the downside,” providing what he called “really 
aggressive price action to the upside… pretty soon probably for XRP.” In his 
base case, an explosive move would coincide with Bitcoin reaching roughly 
$125,000, at which point capital rotation would funnel into XRP and other 
large-capitalisation altcoins. Related Reading: Pundit Reveals The Two Things 
That Will Drive XRP Price To All-Time Highs On higher-time-frame charts, the 
weekly close in the XRP/BTC pair reclaimed levels not seen since early March 
and printed what the analyst dubbed a “lovely green weekly candle,” propelling 
the pair through the resistance band tracked by trader CredibleCrypto’s so- 
called “Gandalf line.” XRP dominance, he argued, has completed a Wyckoff-style 
accumulation: the “sign of strength” and “last point of support” suggest a new 
up-leg is underway. Technical momentum is corroborated by a bullish cross 
forming in the XRP/ETH ratio on the weekly relative-strength index. The 
analyst conceded that timing remains uncertain and that elevated contract 
premiums can foreshadow long-side liquidation cascades, yet he maintained that 
the interplay between resurgent spot buying, rising open interest, and 
building liquidity clouds above $3 creates a self-reinforcing backdrop for a 
squeeze higher. “That is what I expect will come at some point,” he said, 
framing a breach of the all-time high as a trigger for acceleration toward his 
$11 objective. At press time, XRP traded at $2.8671. Featured image created 
with DALL.E, chart from TradingView.com

XRP Countdown Begins—Analyst Predicts Explosive Run To $11

MARA Holdings has acquired an equity stake in Two Prime, which includes an 
allocation of 2,000 BTC for its yield strategy.

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