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XRP is ending June near the psychological $1 mark, closing a disastrous first half of the year. After falling 27.1% in the first quarter, the drawdown in the second quarter stands at 22.4%.

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The CFTC gave KalshiEX the green light. Now the hard part starts.

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Ripple (XRP) is sliding toward the psychologically important $1 mark after posting the weakest weekly performance among major cryptocurrencies, even as data points tied to 'institutional demand' and ecosystem development remain constructive. The divergence underscores a market caught between persistent spot selling pressure and longer-term positioning through regulated vehicles.

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Bitcoin's worst stretch in years is piling pressure on the company that bet its entire future on it.