XRP News Today: PayPal Embraces XRP—Price Outlook Hinges on SEC, ETF Vote; BTC Dips

XRP Gets PayPal Nod: Utilization Key for Price Outlook

Mainstream US payment platform PayPal (PYPL) made the crypto news headlines on Monday, July 28. The Company will allows account holders to make international payments with crypto, including XRP, giving cost savings of up to 90%. PayPal will support over 100 cryptocurrencies and eligible wallets, with immediate access to funds. The company stated:

“We’re making all of this, and more, easily accessible and available through Pay with Crypto, a new payment method that allows merchants to reach more than 650 million crypto users and allow them to pay using any of hundreds of eligible wallets and cryptocurrencies.”

According to the press release,

“Pay with Crypto, powered by PayPal, will be available to U.S. merchants in the coming weeks. Covering 90% of the $3+ trillion Crypto Market Cap, Pay with Crypto offers the ability to pay with 100 cryptocurrencies, including BTC, ETH, USDT, XRP, BNB, Solana, USDC, and many others, and connect wallets, including Coinbase, OKX, Binance, Kraken, Phantom, MetaMask, and Exodus, with more to come.”

PayPal President and CEO Alex Chriss remarked:

“Businesses of all sizes face incredible pressure when growing globally, from increased costs for accepting international payments to complex integrations. Today, we’re removing these barriers and helping every business of every size achieve their goals.”

Describing the benefits of Pay with Crypto, Chriss added:

“Imagine a shopper in Guatemala buying a special gift from a merchant in Oklahoma City. Using PayPal’s open platform, the business can accept crypto for payments, increase their profit margins, pay lower transaction fees, get near instant access to proceeds, and grow funds stored as PYUSD at 4% when held on PayPal.”

PayPal shares climbed 0.31% to close at a five-month high of $78.22 on July 28.

Shifting Regulatory Landscape to Bring XRP Main Street

The US Administration and the SEC’s change in attitudes toward crypto are bringing digital assets mainstream, crucial for adoption and sustainable price gains.

The National Crypto Association commented on PayPal’s announcement, stating:

“Whether it’s sending money home, paying a freelancer, or checking out online, crypto is becoming part of how people move and manage money. 23% of non-holders say they’d use crypto if they could spend it easily. Steps like this make that possible – and with education, even more everyday Americans can understand and use crypto with confidence.”

Monday’s announcement came ahead of two potentially crucial events. On Wednesday, July 30, the Presidential Working Group on Digital Asset Markets will release its highly anticipated report, potentially recommending cryptos such as XRP as US strategic reserve assets. US government purchases of XRP to build a stockpile would likely tilt the supply-demand balance firmly in XRP’s favor, triggering a price breakout.

On Thursday, July 31, the SEC may vote on withdrawing its appeal against the Programmatic Sales of XRP ruling in the Ripple case. An appeal withdrawal would end the case and pave the way to an XRP-spot ETF market, another potential price catalyst.

XRP Price Outlook: SEC Appeal, Main Street Headlines, and ETFs in the Spotlight

XRP slid 3.64% on July 28, reversing Sunday’s 2.34% gain to close at $3.1224. The token underperformed the broader market, which fell 1.72% to a total crypto market cap of $3.83 trillion.

XRP’s near-term price outlook hinges on several key catalysts, including:

• The Presidential Working Group on Digital Asset Markets’ report.
• The SEC’s appeal vote.
• XRP-spot ETF-related developments
• Ripple’s push for a US banking license.
• SWIFT-related news
• Legislation: The CLARITY Act’s progress on Capitol Hill.

A breakout above the July 28 high of $3.3302 could pave the way to the $3.5 level. A sustained move above $3.5 may enable the bulls to target the July 18 all-time high of $3.6606. Conversely, a break below the $3 level may bring the $2.8 level into play.

Explore our full XRP forecast here for key breakout zones and timing insights.

Bitcoin Dips as SEC Pushes Back on Trump Spot ETF Application

While XRP trended lower ahead of the SEC’s potential appeal vote, bitcoin (BTC) faced selling pressure amid spot ETF developments. On July 28, the SEC delayed its decision on the Truth Social Bitcoin ETF application until September 18, 2025. Trump Media & Technology Group filed in June. An eventual approval could draw more institutional money into the BTC-spot ETF market, potentially driving it to record highs.

US BTC-Spot ETF Market Flows Crucial to BTC’s Trajectory

The US BTC-spot ETF market was pivotal to BTC’s run to the July 14 all-time high of $122,055. After total net inflows of $4,579 in June, $3,682.3 million of net inflows in the first two weeks of July contributed to BTC’s record-breaking run.

On July 28, the US BTC-spot ETF market could extend inflows in July to date. According to Farside Investors, key inflows included:

• Fidelity Wise Origin Bitcoin Fund (FBTC) saw net inflows of $30.9 million.
• Grayscale Bitcoin Mini Trust (BTC) had net inflows of $11 million.
• Meanwhile, ARK 21Shares Bitcoin ETF (ARKB) and Bitwise Bitcoin ETF (BITB) reported total net outflows of $32.2 million.

With BlackRock (BLK) iShares Bitcoin Trust (IBIT) flow data pending, total US BTC-spot ETF outflows reached $9.7 million, potentially extending the inflow streak to three sessions.

Crypto analyst Mitchell Askew shared a BTC chart displaying BTC’s price trajectory before and after the launch of the spot ETFs, stating;

“BTC/USD looks like two entirely different assets before and after the ETF. The days of parabolic bull markets and devastating bear markets are over. BTC is going to $1,000,000 over the next 10 years through a consistent oscillation between ‘pump’ and ‘consolidate’. It will bore everyone to death along the way and shake the tourists out of their positions. Strap in.”

Bloomberg Intelligence Senior ETF Analyst Eric Balchunas remarked on Askew’s post, stating:

“This guy gets it. We’ve been saying same thing. Since BlackRock filing Bitcoin is up like 250% with much less volatility and no vomit-inducing drawdowns. This has helped attract even bigger fish and gives it a fighting chance to be adopted as currency. Downside is prob no more God Candles. Can’t have it all!”

BTC Price Outlook: US Data, the Fed, and Spot ETF Flows in Focus

BTC fell 1.12% on July 28, partially reversing Sunday’s 1.31% gain to close at $118,065.

The near-term price trajectory hinges on several key factors. These include:

• US labor market and consumer confidence numbers on Tuesday, July 29.
• The CLARITY Act’s progress on Capitol Hill.
• The US President’s Working Group’s stance on BTC as a strategic reserve asset.
• The Fed’s interest rate decision and policy outlook.
• BTC-spot ETF flows.

Potential scenarios:

• Bearish Scenario: Legislation delays, US government advises against BTC stockpiling, US recession fears, and ETF outflows. A combination of these may push BTC toward $115,000, potentially exposing the 50-day Exponential Moving Average (EMA).
• Bullish Scenario: CLARITY Act’s progress on Capitol Hill, support for a Strategic Bitcoin Reserve Asset, easing US recession concerns, and ETF inflows. In this case, BTC may target the all-time high of $122,057.

What to Watch

Investors should continue to monitor the key drivers, which will likely determine whether XRP and BTC can hit new record highs. These include:

• Ripple case updates: Pending SEC appeal vote.
• US Presidential Working Group Report: Recommendations for crypto stockpiling.
• Legislative developments: Progress on Capitol Hill.
• US economic data and Fed guidance: Hawkish or dovish signals.
• ETF market flows: Flow trends crucial for BTC’s supply-demand balance.

See where analysts expect XRP and BTC to head as legal and political risks evolve.