Crypto News Roundup: XRP Futures, Senate Crypto Drama, and Major Blockchain Upgrades

XRP is making major headlines as CME Group prepares to launch XRP futures on May 19, opening the

door for more institutional investors.

Daily XRP transactions have soared past $5.3 billion, and active wallet addresses jumped over 600% in just a

week.

Legal clarity is improving for Ripple, with the SEC dropping charges against top execs, and analysts are now

eyeing a $5 to $10 price target for XRP this summer.

Meanwhile, rumors swirl about BlackRock’s high-net-worth clients seeking more crypto exposure, especially to XRP, fueling speculation of even

bigger news ahead.

As one commentator put it, “some HUGE news” could be on the way for XRP.

Crypto is at the center of a political storm in Washington.

Senate Democrats are pushing back against a new stablecoin regulation bill, the GENIUS Act, after news broke of

a $2 billion Abu Dhabi investment in a Trump family-linked crypto firm.

Lawmakers are now calling for a ban on elected officials and their families owning or trading crypto assets.

Senator Elizabeth Warren said, “Green lighting Donald Trump’s corrupt stablecoin deals is wrong.” Meanwhile, new bills aim to

block federal officials from profiting off crypto, and a Senate inquiry is digging into Trump’s crypto ventures.

The debate is heating up as both parties negotiate the future of US crypto regulation.

Robinhood is developing a blockchain platform to let European investors trade US securities as tokenized assets, considering partners

like Arbitrum, Ethereum, and Solana.

This could make trading faster, cheaper, and more accessible.

Meanwhile, Ethereum’s Pectra upgrade just went live, introducing smart accounts and boosting scalability.

These moves signal a new era for blockchain in both traditional finance and DeFi.

Despite the hype, analysts warn that Bitcoin isn’t ready to replace gold or bonds as a safe-haven asset.

While Bitcoin can diversify a portfolio, its correlation with the stock market is too inconsistent for it to

be a reliable hedge.

As one expert put it, “Bitcoin can add diversity to a portfolio but won’t reliably protect against stock

market crashes.” StratoVM, a new Layer-2 project, has surged nearly 3,000% in three months by bringing DeFi and

AI to Bitcoin.

Meanwhile, the XRP Ledger is set to host a tokenized US Treasury fund, backed by BlackRock’s digital liquidity

fund and Ripple’s support.

This marks a big step for bringing real-world assets onto blockchains and could reshape institutional finance.

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