Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

CFTC Welcomes Public Comments on 24/7 Trading – Acting Chairman Says Agency Must Take ‘Forward-Looking’ Approach

The Commodity Futures Trading Commission (CFTC) is asking the public to comment on the idea of allowing round-the-clock trading in derivatives markets. In a statement, the federal agency, which regulates the derivatives markets, says it is exploring the possibility of 24/7 trading to keep up with shifting financial trends. Says Acting Chairman Caroline Pham, “As I have long said, the CFTC must take a forward-looking approach to shifts in market structure to ensure our markets remain vibrant and resilient while protecting all participants. One evolving trend is the move to 24/7, 24/6, or 24/5 trading hours. I look forward to the public comments on this market innovation.” The agency is specifically seeking comments on the effects and risks of permitting trading at all hours of the day. “This request seeks comment on the implications of extending the trading of CFTC-regulated derivatives markets to an effectively 24/7 basis, including the potential effects on trading, clearing and risk management which differ from trading during current market hours. The request also seeks comment on the risks of 24/7 trading, and the associated clearing systems, including risks related to the areas of market integrity, customer protection or retail trading.” The agency will receive public comment until May 21st. Follow us on X , Facebook and Telegram Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post CFTC Welcomes Public Comments on 24/7 Trading – Acting Chairman Says Agency Must Take ‘Forward-Looking’ Approach appeared first on The Daily Hodl . CoinOtag

---

XRP Analyst Calls $17 Target a ‘Fork in the Road’ Moment Amid Bullish Momentum

XRP traded relatively flat on Wednesday, consolidating after a strong rally on Tuesday that saw the coin surge, recovering all losses from the past week or so. The relative calm was largely attributed to profit-taking by investors, as they get ready for the next ride. Despite the brief cooldown, XRP’s broader outlook remains bullish, with popular crypto analyst EGRAG CRYPTO suggesting a 658% surge if the price unfolds inside a broadening wedge pattern. “XRP – A Fork in The Road. The upper edge of our Ascending Broadening Wedge is currently between $5 and $6,” Agrag tweeted Tuesday. “If we can close above this level, it paves the way for a potential measured move reaching all the way up to $17.” This latest update revisits a prior technical analysis from April 5, 2025, in which EGRAG pointed out the same wedge pattern —a typically bearish formation with a 70% chance of breaking lower to $0.65. However, the analyst emphasized that surpassing the $5-$6 threshold could dramatically change the outlook, potentially triggering a sharp rally to $17. Interestingly, EGRAG has also hinted at an even more ambitious target of $27 in future projections. Recently, he cautioned that XRP remains volatile, metaphorically stating, “XRP Kangaroo is Clucking,” a nod to the unpredictable swings the token could face before a decisive bullish move. Meanwhile, analyst Dark Defender provided a detailed Elliott Wave analysis, identifying the current move as part of a Wave 4 correction. He highlighted that XRP had bounced precisely at $2.1937 ,which is his projected bottom, signaling a likely end to the correction and the beginning of Wave 5, targeting levels between $2.222 and $2.40. “We had 6 years of consolidation between 30 and 50 cents, so this is just the beginning of higher targets,” he noted, urging traders to watch key support at $1.8815 and resistance levels at $2.222 and $2.40. Adding to the optimistic outlook, analyst Ali Martinez pointed out an emerging inverse head and shoulders pattern on XRP’s chart, suggesting a possible breakout to $2.70, a 20% gain from current levels. Martinez also revealed that XRP network activity had surged by 67.5%, with the number of active wallet addresses increasing from 27,352 to 40,366, indicating renewed interest and buying pressure. At the time of writing, XRP was trading at $2.23, up 3.51% over the past 24 hours. Trading volume also spiked significantly, doubling to $5.8 billion in the same period, according to CoinMarketCap data. CoinOtag