XRP: Linqto Denies Bankruptcy Rumors and Confirms Ripple Holdings Amidst Controversy

Linqto, a San Francisco-based investment platform, has publicly denied bankruptcy rumors and false reports about its Ripple holdings. The controversy arose from misleading statements by Matt Rosedin, CEO of CapSign, who claimed that a private equity fund under CapSign held 4.7 million Ripple shares via Liquidshares. Linqto clarified that its Liquidshares' Ripple holdings remain intact, and Ripple CEO Brad Garlinghouse confirmed his shareholdings in the company. This development comes as XRP continues to gain traction in the cryptocurrency market, with many investors eyeing its potential for significant price appreciation. The denial of bankruptcy rumors and confirmation of holdings by key stakeholders could bolster investor confidence in XRP, potentially driving its price higher in the coming months. As of July 2025, XRP remains a focal point in the crypto space, with its future target price being a topic of keen interest among traders and analysts alike.

XRP News: Linqto Denies Bankruptcy Rumors, Ripple CEO Confirms Share Holdings

Linqto, a San Francisco-based investment platform, has publicly refuted claims of bankruptcy and false reports regarding its Ripple holdings. The controversy stemmed from misleading statements made by Matt Rosedin, CEO of CapSign, who alleged that a private equity fund under CapSign held 4.7 million Ripple shares via Liquidshares.

Linqto's official statement clarified that its Liquidshares' Ripple holdings remain intact, dismissing the misinformation as baseless. The speculation had raised concerns among investors about the safety of their Ripple shares purchased through Linqto.

Ripple CEO Brad Garlinghouse intervened to confirm Linqto's ownership of 4.7 million Ripple shares, dispelling doubts about the platform's financial stability. The swift rebuttal underscores the importance of accurate information in the volatile cryptocurrency market.

Ripple CEO Brad Garlinghouse Urges Clear Crypto Rules on July 9 Senate Hearing

Ripple CEO Brad Garlinghouse is set to testify before the U.S. Senate Banking Committee on July 9, marking his first appearance before the influential panel. The hearing will focus on the urgent need for clear regulatory frameworks in the cryptocurrency market. Garlinghouse, alongside other industry leaders, will advocate for legislation that distinguishes between digital assets classified as securities and those treated as commodities.

In a recent tweet, Garlinghouse expressed gratitude toward Senators Tim Scott, Cynthia Lummis, and Ruben Gallego for their support of crypto-friendly policies. He emphasized that well-crafted regulations can safeguard consumers while fostering innovation. The lack of clarity in current laws has long been a pain point for Ripple and other crypto firms, creating uncertainty in the market.

The outcome of this hearing could significantly impact the regulatory landscape for cryptocurrencies, particularly XRP, which has been at the center of Ripple's ongoing legal battles. A decisive MOVE by Congress may finally provide the clarity the industry has been demanding.

XRP Futures Open Interest Hits 5-Month High as Traders Pile Into Bullish Bets

XRP perpetual futures are flashing bullish signals as open interest surges to levels not seen since January. Cumulative open interest briefly touched 800 million XRP on Monday, marking a 33% increase from June's interim low. The rally reflects growing trader confidence in the payments-focused cryptocurrency.

Binance, Bybit, OKX, and Hyperliquid are driving the activity, with positive funding rates exceeding 10% annualized at times. The premium on perpetual contracts indicates strong demand for long positions. Binance's top trader long/short ratio of 1.90 further confirms the bullish sentiment dominating XRP markets.

SEI vs Ripple XRP: Which Altcoin Will Skyrocket in 2025?

The crypto market shows early signs of revival, with investors weighing the potential of established player XRP against newcomer SEI Network. Ripple's recent push for regulatory approval and infrastructure upgrades positions XRP for institutional adoption, while SEI's untapped potential appeals to risk-tolerant capital.

XRP's case hinges on regulatory milestones—a potential U.S. bank license and Federal Reserve master account could bridge crypto and traditional finance. The blockchain's ethereum Virtual Machine compatibility now attracts DeFi developers, expanding use cases beyond cross-border payments. Nineteen pending ETF applications suggest Wall Street's growing interest, though concerns persist over Ripple's control of 41% uncirculated supply.

Ripple Pursues Banking License as XRP Faces Critical Market Test

Ripple Labs has filed for a national bank charter with the U.S. Office of the Comptroller of the Currency, seeking to establish XRP as a federally regulated trust bank. The move could position XRP for institutional adoption in cross-border payments and stablecoin infrastructure, bypassing sluggish crypto regulation.

XRP's price hovers NEAR $2.25 after failing to sustain a $2.32 spike. Technical indicators show tightening volatility along the lower Bollinger Band, with Death Cross and MACD patterns suggesting bearish pressure. Analysts view the banking bid as a strategic play for Fed master account access and potential spot ETF approval.

The Web3 banking revolution may not resemble traditional finance. "The world's new bank won't look like a building," tweeted Merlin the Wizard. "It will look like code. It will sound like silence. And it will settle in XRP."

Fact Check: Is XRP Price Set for a 600% Rally in Wave 3?

A viral analysis by crypto analyst XRPunkie suggests XRP could replicate its November 2024 to January 2025 performance with another 600% surge, potentially reaching $13-$15. The prediction hinges on an Elliott Wave count, which identifies Wave 3 as typically the most explosive phase of a market cycle.

Market sentiment appears cautiously optimistic, fueled by recent bullish developments in the XRP ecosystem. However, historical patterns offer no guarantees—crypto markets remain volatile, and such projections should be weighed against fundamental factors like adoption trends and regulatory clarity.