XRP futures hit yearly low, sparking trader optimism and speculation. Analysts say declining open interest may signal a market reset. CME’s planned XRP options could boost liquidity and institutional demand. Chad Steingraber, a popular crypto pundit, made a statement that stirred traders across the crypto community. In his recent post, Steingraber declared, “We are ready to rock,” following a noticeable drop in XRP futures open interest to its lowest level in 2025. According to Steingraber, the current decline in open interest indicates that the market may have bottomed out. His comment came as XRP futures open interest fell to about $3.49 billion, while XRP’s price held near $2.36. Many traders saw the remark as a sign of optimism for the asset. Chris Widmer of Chain.Reach responded with an analytical explanation of the current data. He noted that the decrease in open interest suggests reduced speculative activity and signals a possible consolidation period for XRP. Widmer added that this phase often follows a cooling market and allows traders to reassess their positions. Also Read: SpaceX Moves $268.5 Million in Bitcoin Amid Market Decline Open Interest XRP just bottomed out… We’re ready to rock… https://t.co/AamHXHEIkL pic.twitter.com/eolAs5AEnQ — Chad Steingraber (@ChadSteingraber) October 21, 2025 Analysts Highlight Market Adjustment and Institutional Interest Widmer pointed out that XRP’s ability to maintain price stability amid lower open interest could suggest that larger investors are holding positions while retail traders exit. He explained that historically, periods of low open interest have often been followed by renewed price movements when new capital enters the market. He further mentioned that the planned launch of options trading for XRP futures by the Chicago Mercantile Exchange (CME), currently under regulatory review, may increase institutional involvement. This development, he said, could enhance market liquidity and influence XRP’s volatility once introduced. Additionally, reports from earlier this year noted a shift in overall cryptocurrency sentiment. Analysts observed that bearish conditions were easing, and accumulation among major investors was increasing. Widmer stated that such activity could strengthen market support and set the stage for renewed trading interest. Broader Market Reaction As traders close speculative positions, XRP’s futures market may be preparing for its next phase of activity. Steingraber’s statement, “We are ready to rock,” captured growing attention among XRP holders monitoring developments across the broader digital asset market. Also Read: Why Ripple’s Evernorth Project Quietly Changes Everything for XRP The post Pundit to XRP Holders, ‘We Are Ready to Rock’ – Here’s Why appeared first on 36Crypto. XRP futures hit yearly low, sparking trader optimism and speculation. Analysts say declining open interest may signal a market reset. CME’s planned XRP options could boost liquidity and institutional demand. Chad Steingraber, a popular crypto pundit, made a statement that stirred traders across the crypto community. In his recent post, Steingraber declared, “We are ready to rock,” following a noticeable drop in XRP futures open interest to its lowest level in 2025. According to Steingraber, the current decline in open interest indicates that the market may have bottomed out. His comment came as XRP futures open interest fell to about $3.49 billion, while XRP’s price held near $2.36. Many traders saw the remark as a sign of optimism for the asset. Chris Widmer of Chain.Reach responded with an analytical explanation of the current data. He noted that the decrease in open interest suggests reduced speculative activity and signals a possible consolidation period for XRP. Widmer added that this phase often follows a cooling market and allows traders to reassess their positions. Also Read: SpaceX Moves $268.5 Million in Bitcoin Amid Market Decline Open Interest XRP just bottomed out… We’re ready to rock… https://t.co/AamHXHEIkL pic.twitter.com/eolAs5AEnQ — Chad Steingraber (@ChadSteingraber) October 21, 2025 Analysts Highlight Market Adjustment and Institutional Interest Widmer pointed out that XRP’s ability to maintain price stability amid lower open interest could suggest that larger investors are holding positions while retail traders exit. He explained that historically, periods of low open interest have often been followed by renewed price movements when new capital enters the market. He further mentioned that the planned launch of options trading for XRP futures by the Chicago Mercantile Exchange (CME), currently under regulatory review, may increase institutional involvement. This development, he said, could enhance market liquidity and influence XRP’s volatility once introduced. Additionally, reports from earlier this year noted a shift in overall cryptocurrency sentiment. Analysts observed that bearish conditions were easing, and accumulation among major investors was increasing. Widmer stated that such activity could strengthen market support and set the stage for renewed trading interest. Broader Market Reaction As traders close speculative positions, XRP’s futures market may be preparing for its next phase of activity. Steingraber’s statement, “We are ready to rock,” captured growing attention among XRP holders monitoring developments across the broader digital asset market. Also Read: Why Ripple’s Evernorth Project Quietly Changes Everything for XRP The post Pundit to XRP Holders, ‘We Are Ready to Rock’ – Here’s Why appeared first on 36Crypto.
Pundit to XRP Holders, ‘We Are Ready to Rock’ – Here’s Why
2025/10/21 20:26
- XRP futures hit yearly low, sparking trader optimism and speculation.
- Analysts say declining open interest may signal a market reset.
- CME’s planned XRP options could boost liquidity and institutional demand.
Chad Steingraber, a popular crypto pundit, made a statement that stirred traders across the crypto community. In his recent post, Steingraber declared, “We are ready to rock,” following a noticeable drop in XRP futures open interest to its lowest level in 2025.
According to Steingraber, the current decline in open interest indicates that the market may have bottomed out. His comment came as XRP futures open interest fell to about $3.49 billion, while XRP’s price held near $2.36. Many traders saw the remark as a sign of optimism for the asset.
Chris Widmer of Chain.Reach responded with an analytical explanation of the current data. He noted that the decrease in open interest suggests reduced speculative activity and signals a possible consolidation period for XRP. Widmer added that this phase often follows a cooling market and allows traders to reassess their positions.
Also Read: SpaceX Moves $268.5 Million in Bitcoin Amid Market Decline
Analysts Highlight Market Adjustment and Institutional Interest
Widmer pointed out that XRP’s ability to maintain price stability amid lower open interest could suggest that larger investors are holding positions while retail traders exit. He explained that historically, periods of low open interest have often been followed by renewed price movements when new capital enters the market.
He further mentioned that the planned launch of options trading for XRP futures by the Chicago Mercantile Exchange (CME), currently under regulatory review, may increase institutional involvement. This development, he said, could enhance market liquidity and influence XRP’s volatility once introduced.
Additionally, reports from earlier this year noted a shift in overall cryptocurrency sentiment. Analysts observed that bearish conditions were easing, and accumulation among major investors was increasing. Widmer stated that such activity could strengthen market support and set the stage for renewed trading interest.
Broader Market Reaction
As traders close speculative positions, XRP’s futures market may be preparing for its next phase of activity. Steingraber’s statement, “We are ready to rock,” captured growing attention among XRP holders monitoring developments across the broader digital asset market.
Also Read: Why Ripple’s Evernorth Project Quietly Changes Everything for XRP
The post Pundit to XRP Holders, ‘We Are Ready to Rock’ – Here’s Why appeared first on 36Crypto.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights
You May Also Like
China Bans Nvidia’s RTX Pro 6000D Chip Amid AI Hardware Push
TLDR China instructs major firms to cancel orders for Nvidia’s RTX Pro 6000D chip. Nvidia shares drop 1.5% after China’s ban on key AI hardware. China accelerates development of domestic AI chips, reducing U.S. tech reliance. Crypto and AI sectors may seek alternatives due to limited Nvidia access in China. China has taken a bold [...] The post China Bans Nvidia’s RTX Pro 6000D Chip Amid AI Hardware Push appeared first on CoinCentral.
Share
2025/09/18 01:09
Share
HKEX Enforces Regulations on Crypto Treasury Companies
The post HKEX Enforces Regulations on Crypto Treasury Companies appeared on BitcoinEthereumNews.com. Key Points: HKEX enforces listing rules, impacting firms shifting to crypto treasuries. Five companies questioned over crypto asset plans. Stricter crypto hoarding rules in Asia-Pacific exchanges. The Hong Kong Stock Exchange scrutinized the strategic transitions of five companies into Cryptocurrency Treasury structures, questioning their adherence to regulations prohibiting large holdings of liquid assets. This regulatory stance highlights Hong Kong’s rigorous listing requirements, impacting companies’ strategic moves in handling digital assets and shaping broader crypto market dynamics in the Asia-Pacific region. HKEX Challenges Firms Shifting to Digital Asset Models In response to escalating scrutiny, the Hong Kong Stock Exchange reiterated that all listing applicants must operate viable businesses. Recent reports cite that five companies planning to pivot to digital asset treasury (DAT) models face regulatory questions over their strategy, challenging their compliance with existing listing rules. The HKEX’s framework prohibits excessive liquid asset holdings. Companies aiming to transform into DAT entities must integrate crypto assets as a core business. These measures emphasize registered entities cannot hoard digital assets like Bitcoin without a solid business model. “For companies intending to hoard cryptocurrencies, approval depends on whether they can demonstrate that acquiring crypto assets is a core component of their business operations.” — Simon Hawkins, Partner at Latham & Watkins Regulatory Impact on Crypto Holdings and Market Response Did you know? The Australian Securities Exchange enforces a similar policy, limiting cash or crypto holdings to less than 50% of a company’s balance sheet, causing some firms to relocate to New Zealand for flexibility. According to CoinMarketCap, Bitcoin (BTC) currently trades at $108,439.78 with a market cap of $2.16 trillion as of October 22, 2025. It holds a market dominance of 59.01%. The 24-hour trading volume has increased by 71.13% to $104.04 billion, highlighting increased market volatility and interest. Recent data shows Bitcoin’s price…
Share
2025/10/22 12:34
Share
Hsiao-Wei Wang, Co-Executive Director of the Ethereum Foundation: Large-scale adoption of Ethereum requires overcoming three major gaps: scalability, user experience, and trust.
PANews reported on October 22nd that at the ETHShanghai 2025 main forum, Hsiao-Wei Wang, Co-Executive Director of the Ethereum Foundation, delivered a speech titled "Mass Adoption of Ethereum: Bridging the Chasm." He stated that Ethereum's vision for mass adoption can be embodied in three key areas: first, self-control, allowing users to truly own their assets; second, global settlement capabilities, enabling value to transcend geographical boundaries, improving overall efficiency, and enabling global verification; and third, everyday utility, allowing blockchain and Ethereum to be naturally and smoothly integrated into people's daily lives, just like the internet, for example, in everyday money transfers. She also pointed out that Ethereum faces three major challenges before it can bridge the chasm: high scalability and cost barriers, a user experience gap, and a trust gap. Regarding scalability, Ethereum's path is L1 ✖️ L2, with its core strategy being to achieve high throughput and low-cost transactions through L2 Rollups. Key upgrades include Dencun (EIP-4844), Pectra (Q1 2025), and Fusaka (Q4 2025). Regarding accounts and user experience, the concept of account abstraction has been proposed, and smart accounts have been introduced through proposals such as ERC-4337, EIP-7701, and EIP-7702. These transform user accounts into programmable contracts and support social recovery wallets, gas payment, and batch transactions. Regarding infrastructure development, the emphasis is on secure and stable mainchain infrastructure and the integration of finance into everyday life. She also stated that Ethereum's future goal is to no longer be "seen," but to be silently relied upon and trusted, just like the internet. True mass adoption comes not from Ethereum's inherent size, but from its ubiquity, transparency, and reliability. When it exists as naturally as air, blockchain will truly realize its value.
Share
2025/10/22 11:50
Share