XRP spot ETFs experience 19-day inflow streak

Michael Saylor has hinted at a potential meeting with banks regarding Bitcoin, indicating a growing interest from institutional investors in the cryptocurrency market. This development suggests that major financial institutions are considering integrating Bitcoin into their offerings, which could reshape the financial landscape.

Coinbase is set to launch prediction markets and tokenized stocks on December 17, a move that could significantly alter the landscape of on-chain finance and trading dynamics. This expansion reflects Coinbase's commitment to diversifying its offerings in the cryptocurrency sector.

XRP has recently dropped below $2, leading to deeply negative funding rates, which typically signal a potential buying opportunity for traders. However, the current market sentiment appears to be holding back bullish activity despite these indicators.

The Commodity Futures Trading Commission (CFTC) has withdrawn its outdated crypto delivery guidance as part of a broader effort to reform regulations surrounding digital assets. This decision reflects the need for updated frameworks that align with the evolving cryptocurrency market and its complexities.

Enosys has launched Enosys Loans, the first-ever Collateralized Debt Position (CDP) protocol on the Flare network, allowing XRP holders to mint a trustless, overcollateralized stablecoin. This development marks a significant milestone in the integration of XRP within decentralized finance (DeFi).

Wietse Wind, the founder of a leading XRP wallet, has issued a warning to investors about a rapidly spreading impersonation scam targeting XRP users. The scam involves attackers posing as official support to extract sensitive information, such as seed phrases, under the guise of providing wallet assistance.

Canadian fintech analysts are increasingly optimistic about XRP, highlighting its growing real-world utility that could transform the digital payments sector. Recent forecasts suggest that XRP could reach as high as $2,000 by 2027, reflecting a shift from speculation to practical application in financial institutions adopting blockchain technologies.

Nasdaq-listed Caliber has initiated LINK staking to support the Chainlink node program, a move that could enhance the infrastructure of Chainlink and improve network reliability. This initiative is expected to positively impact shareholder returns as the cryptocurrency market continues to evolve.