Ripple Hits Another Major Milestone: XRP Eyeing $4.20?
Ripple (XRP) has hit a new major milestone, with the first-ever regulated XRP futures in the US going live this week. Bitnomial, a U.S.-based digital asset derivatives exchange, has launched the first-ever U.S. Commodity Futures Trading Commission (CFTC) regulated futures contract for XRP, the firm announced on Thursday. “This marks the first-ever CFTC-regulated XRP futures product in the United States, providing traders with a compliant, transparent, and capital-efficient way to gain exposure to XRP,” Bitnomial said in a statement this week. The move is the latest in a string of huge milestones for Ripple Labs and their XRP cryptocurrency. This week the software company saw its lawsuit from the SEC finally come to a close. The lawsuit was originally filed four years ago, under the previous Gary Gensler-led SEC. Ripple CEO Brad Garlinghouse called the lawsuit “doomed from the start” in a statement following the dropped appeal. Garlinghouse also called the move “a resounding...