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Ripple Plans to Reduce XRP Sales; First CFTC-Regulated XRP Futures; Cardano's Optimism

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by Giorgi Kostiuk

16 hours ago


Recent days have seen significant developments in the crypto world, from Ripple's plans to cut back on XRP sales, to the launch of CFTC-regulated XRP futures, and the rising optimism around Cardano.

Ripple's XRP Sales Plans

Ripple CEO Brad Garlinghouse stated in a Bloomberg interview that the company might reduce XRP sales in the future. He pointed out the contradictory nature of criticism towards Ripple, being accused of both holding too much XRP and selling too many tokens.

Regulated XRP Futures

Bitnomial, a digital asset derivatives exchange, launched the first-ever CFTC-regulated XRP futures in the U.S. This follows the SEC's decision to drop its appeal against Ripple, seen as a victory for the company.

Cardano's Optimism

According to analytics platform Santiment, Cardano has experienced a significant increase in positive sentiment despite a correction after its March 2 peak. The community's optimistic outlook remains strong.

These recent developments show that the crypto market continues to evolve, with key players taking steps to solidify their positions.

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