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XRP’s Ambitious Move: Ripple’s $5 Billion Bid for Circle Rejected Amid IPO Plans

XRP’s Ambitious Move: Ripple’s $5 Billion Bid for Circle Rejected Amid IPO Plans

Author:
XRP News
Published:
2025-05-02 05:35:36
17
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[TRADE_PLUGIN]XRPUSDT,XRPUSDT[/TRADE_PLUGIN]

In a significant development within the cryptocurrency space, Ripple reportedly made a $5 billion acquisition offer to Circle, the prominent stablecoin issuer behind USDC. However, Circle declined the offer, not due to an aversion to buyouts but because the valuation fell short of expectations. This comes as Circle prepares for its IPO, targeting an equity valuation between $4 billion and $6 billion—a range Ripple’s bid seemingly aimed to match. The rejection underscores Circle’s confidence in its standalone growth potential as it advances toward becoming a publicly traded company.

Circle Reportedly Rejected $5 Billion Buyout Offer from Ripple

Circle, the major stablecoin issuer, reportedly turned down a $5 billion acquisition offer from Ripple. Sources indicate the rejection wasn’t due to opposition to buyouts in principle, but rather because the price failed to meet expectations. The company had recently filed for an IPO with an estimated equity valuation between $4 billion and $6 billion—a range Ripple’s offer appears to have targeted.

Circle’s IPO plans were paused following market turbulence triggered by Trump’s tariff announcements. Financial disclosures reveal concerning trends: while revenue grew 16%, EBITDA and net income saw significant declines. Analysts suggest these pressures could make Circle more receptive to future acquisition offers.

The rejected bid highlights intensifying competition in the stablecoin sector, with XRP issuer Ripple potentially seeking to consolidate market share through strategic acquisitions.

XRP Breaks Out Of 2025’s Biggest Downtrend As Short-Term Holders Retreat

XRP shows signs of reversing its prolonged decline as short-term holder dominance dwindles. The cryptocurrency has exited its steepest downtrend since January, hinting at potential upward momentum.

Market dynamics reveal a notable shift in investor behavior. Short-term holders—those retaining XRP for 1-3 months—now control just 6% of supply, down from 12% two months prior. This maturation suggests reduced sell pressure and growing confidence in a sustained recovery.

Glassnode’s HODL waves metric underscores the trend. As speculative positions consolidate into mid-term holdings, XRP’s macro outlook appears increasingly constructive. The technical breakout coincides with this fundamental improvement in holder composition.

Ripple’s XRP ETF Approval Buzz Intensifies as Q2 Deadline Looms

The cryptocurrency market is abuzz with speculation as Ripple’s XRP inches closer to a potential ETF approval by the end of Q2. The recent greenlighting of ProShares’ Futures XRP ETF by the SEC has set the stage for what could be a watershed moment for the digital asset.

Market participants are now closely monitoring whether spot XRP ETFs will follow suit, with analysts predicting significant price appreciation if regulatory approval materializes. The development comes as Ripple expands its ecosystem into stablecoins and other financial instruments, signaling broader institutional ambitions.

ProShares Denies Imminent XRP ETF Launch, Community Eyes Key Dates

Asset manager ProShares has clarified that its anticipated XRP ETF will not debut on April 30, contradicting earlier speculation. A company spokesperson confirmed no launch is scheduled, with no updates on timing. Bloomberg analyst James Seyffart corroborated the delay, though he maintains confidence in the product’s eventual release.

Meanwhile, XRP community members are pivoting attention to two cryptic dates: May 1 and June 9. While the significance remains undisclosed, the暗示 has sparked speculative chatter across crypto forums. The juxtaposition of institutional hesitation and grassroots anticipation underscores XRP’s volatile positioning between traditional finance integration and decentralized fervor.

XRP Whales Accumulate Lightchain AI Token Ahead of Anticipated 50% Listing Surge

Large-scale XRP investors are positioning themselves early in Lightchain AI, a project currently priced at $0.007125 during its presale phase. The initiative has already secured $19.6 million in funding, signaling growing market confidence. Analysts project a potential 50% price appreciation upon exchange listing, creating what some view as a high-reward entry point.

Unlike speculative meme coins, Lightchain AI distinguishes itself with a documented roadmap and expanding community support. This infrastructure suggests longer-term viability compared to purely hype-driven assets. While institutional players are already accumulating positions, retail investors retain a narrow window for early participation before exchange debut.

XRP Price Eyes Upside Break Above $2.25 Resistance

XRP has initiated a recovery from its $2.1250 support level, signaling potential bullish momentum if it can decisively breach the $2.250 resistance. The asset currently trades below both this key level and its 100-hour moving average, with a bearish trendline capping gains NEAR $2.2450 on Kraken’s hourly chart.

The cryptocurrency underperformed Bitcoin and Ethereum during recent market movements, dipping below multiple support levels before finding footing. Market participants now watch for a confirmed close above $2.25, which could open the path for renewed upward trajectory.

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