Check out the top three news stories over the past day presented to you by U.Today.
CME Group’s XRP futures hit $542 million in monthly volume
In a recent article on its website, CME Group, Chicago-based derivatives marketplace, has announced that XRP futures recorded $542 million in monthly trading volume. As stated in the article, almost half of this volume came from outside North America, with open interest standing at $70.5 million. CME Group confirmed that it would launch CME futures back in April, and on May 19, the product was rolled out in two sizes, ordinary and micro. On their third day, the futures generated more than $19 million in volume. The successful launch of CME’s regulated XRP futures is viewed as a crucial step toward the potential approval of a spot-based XRP ETF; according to Bloomberg, there is a 95% chance of this happening in 2025.
“$1 million BTC” Samson Mow: Omega candle coming, $100,000 surge in one day
Yesterday, June 24, Samson Mow, CEO of JAN3 and a Bitcoin maximalist, took to X platform to once again predict an imminent massive surge in Bitcoin’s price, which he refers to as an “omega candle.” Mow’s simple post, “The Omega Candle is coming,” resonated with many Bitcoin community members, scoring 2,800 likes and 206 reposts. Replying to one of the BTC enthusiasts in the comments section, the JAN3 CEO confirmed that this candle could push Bitcoin up by $100,000 in a single day. Mow is famously bullish on Bitcoin’s future, believing it will eventually reach one million dollars per coin, regardless of whether it happens this year or the next. In one of his earlier X posts, Mow stated that Bitcoin is not trading at $10 million per coin because the world does not understand BTC: “If the world understood #Bitcoin, we would be at $10M a coin now.”
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Cardano wallet adds Bitcoin support; Is XRP next?
Cardano cofounder Charles Hoskinson has announced on his X account that Bitcoin is now officially supported on Lace Wallet. Originally launched in 2023, the wallet began its multi-chain journey in April with the Lace 1.22 release, allowing beta testers to manage BTC on a test network. Support for Bitcoin went live with the release of Lace 1.24 after a successful security audit. The list of Lace’s supported coins will soon be expanded with one more asset; during an AMA session that took place earlier this month, Hoskinson also confirmed that the wallet will add the XRP token. Additionally, the latest version of Lace Wallet now supports features like delegation and on-chain voting.