🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
XRP futures launch regulatory approval
Key Points:* CME Group announces XRP futures launch, pending regulatory approval.
The launch of XRP futures by CME Group could significantly impact the cryptocurrency market, potentially increasing trading volumes and institutional interest.
CME Group Announces May 2025 XRP Futures Launch
CME Group announced plans to launch XRP futures on May 19, 2025, pending regulatory approval. The futures will include both micro contracts of 2,500 XRP and larger contracts of 50,000 XRP. Futures will settle in cash using the Chicago Mercantile Exchange CF XRP-USD reference rate.
Institutional market participants can gain exposure to cryptocurrency with more options, expanding CME’s established crypto derivatives suite. With Bitcoin, Ethereum, and now XRP, market liquidity is anticipated to grow.
Financial markets reacted, showing strong institutional interest, with a recorded $37.7 million inflow into XRP-focused products prior to CME’s announcement. No official comments from regulatory bodies or financial leaders have been noted so far.
XRP Futures: Historical Context and Market Insights
Did you know? In 2017, the introduction of CME Bitcoin futures was a historic event, marking one of the first broad-scale entries of large-scale institutional investors into the cryptocurrency market.
According to CoinMarketCap, XRP is currently priced at $2.18, with a market cap of $127.57 billion. The fully diluted market cap stands at $218.47 billion. Its market dominance is 4.40%. The 24-hour trading volume decreased 25.36% to $4.36 billion. Over the past 90 days, XRP’s price fell 31.26%.