2025-05-18 17:32

BLOCKMEDIA

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# BitMEX Ignites Curiosity with Ripple-Linked Post Ahead of CME XRP Futures Launch
Cryptocurrency exchange BitMEX has intrigued the XRP(XRP) community by sharing an enigmatic social media post connected to Ripple(Ripple). The post hints at a potential announcement that could significantly impact the market.
BitMEX took to its official Twitter account to state, "We have some news that’s definitely gonna have a @ripple effect on the market," tagging Ripple's official account in the tweet. While specific details remain undisclosed, the timing has sparked speculation among market participants.
Financial publication U.Today noted that this post arrives just before the May 19 launch of XRP futures by CME Group, a prominent entity in traditional financial markets. The introduction of these futures is seen as a key moment in broadening XRP's adoption in institutional circles. CME's status as a leading derivatives exchange further highlights the potential importance of this move.
> "Keep your eyes peeled ???? We have some news that’s definitely gonna have a @ripple effect on the market ????,” reads the tweet from BitMEX, published on May 17, 2025.
# BitMEX’s Engagement with XRP
BitMEX has a history of supporting XRP derivatives. In February 2020, the exchange launched perpetual XRPUSD contracts, catering to traders interested in the cryptocurrency. By May 2022, BitMEX extended its services by introducing its spot trading platform.
Market speculation suggests the forthcoming announcement could relate to Ripple's stablecoin, RippleUSD, introduced in late 2024. RippleUSD has secured listings on several major exchanges, raising curiosity about how BitMEX might integrate or leverage the stablecoin.
# Investor Sentiment Cautious Amid Anticipation
Despite the buzz, some XRP investors are managing their expectations for the announcement’s impact on XRP prices. After a sharp rally from late 2024 to early 2025, XRP has faced a downward trend in recent weeks. Over the past seven days, the token has only seen a modest 0.3% price increase, indicating cooling momentum.
# Ripple’s Legal Struggles Persist
Amid this excitement, Ripple continues to navigate legal challenges in its ongoing battle with the U.S. Securities and Exchange Commission (SEC). A court recently dismissed a proposed settlement, creating unexpected obstacles for the company. John Deaton, a pro-Ripple attorney, described the ruling as an “unexpected twist,” reflecting the uncertain regulatory environment for Ripple and XRP.
As the XRP community eagerly awaits the BitMEX announcement, attention will also be focused on CME's launch of XRP futures—a symbolic milestone that could influence the broader direction of the asset in both institutional and retail markets.
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