Quantum Biopharma’s XRP Acquisition: A Tale of Crypto and Comedy! 😂

Ah, dear reader, it appears that XRP is once again frolicking in the limelight, not merely in the charts but also in the hallowed halls of institutional portfolios. Our esteemed legal bard, Bill Morgan, has revealed through the sacred scrolls of the SEC that Quantum Biopharma has graciously bestowed upon itself a bounty of 100,000 XRP earlier this year. This illustrious firm, already in possession of Bitcoin, Solana, and the ever-quirky Dogecoin, has further solidified its commitment to the grand trend of diversified institutional crypto adoption. How positively avant-garde! 🎩

Financial information lodged with the SEC yesterday shows that Quantum Biopharma earlier this year added 100,000 XRP to its crypto holdings. It continued to hold and add to its other holdings (Bitcoin, Solana and Dogecoin).

Bitcoin Maxis do not believe in diversified crypto…

— bill morgan (@Belisarius2020) June 17, 2025

Challenging Bitcoin Maxis with Real Capital

On a more serious note, Morgan, with a wit as sharp as a double-edged sword, took a subtle jab at the Bitcoin maximalists. He pointed out that institutions like Quantum are putting their money where their analysis is, unlike those maxis who often ridicule other assets without a shred of financial justification. By spreading their investments across multiple blockchains, Quantum is embracing a multi-chain future, and lo and behold, XRP seems to be the pièce de résistance of that strategy. How delightfully rebellious! 😏

XRP Price and Derivatives Market Heat Up

Meanwhile, the current sentiment surrounding XRP is as mixed as a fruit salad at a summer picnic. In the last 24 hours, XRP surged nearly 7% to $2.31, riding a wave of bullish momentum in the broader market. Supporting this upswing, Coinglass reported a 3% rise in XRP open interest, reaching a staggering $4.03 billion, a veritable sign of intensified capital inflows. The OI-weighted funding rate climbed to 0.0096%, indicating a growing appetite for leveraged long positions. How thrilling! 📈

Also Read:
Why the XRP Lawsuit Is Stalled Until August 15?
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However, dear reader, the data isn’t entirely bullish. Long liquidations hit a rather dramatic $9.27 million in the past 24 hours, slightly outweighing short liquidations at $6.46 million. Yet, the long/short ratio remains balanced at 0.996, showing only a minor tilt against bullish positions. A veritable dance of numbers! 💃

XRP Faces Key Resistance

Technically speaking, XRP is attempting to recover past dynamic resistance levels. Though yesterday’s 3.35% bounce brought it closer to breaking above the 50-day and 100-day EMAs near $2.24, a clean close above these levels could fuel a rally toward the $2.33 trendline, which has been acting as resistance since January. The drama unfolds! 🎭

The MACD indicator flashes a buy signal with growing green histogram bars, but the RSI at 49 suggests a lack of strong momentum. XRP may be at a peak point. All eyes are on whether institutional demand can drive the breakout. The suspense is palpable! 😮

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FAQs

What price will XRP reach in 2025?

XRP could reach up to $5.81 in 2025, supported by institutional demand and Ripple’s growing global adoption.

What is the XRP price prediction for 2030?

By 2030, XRP is forecasted to trade between $17.00 and $26.50, depending on market trends and adoption rates.

Where will XRP be in 2040?

XRP could trade between $97.50 and $179.00 in 2040 if utility grows and crypto becomes widely accepted globally.

2025-06-17 13:43

XRP News Today: Quantum Biopharma Adds 100K XRP to Crypto Treasury