In a fresh wave of excitement within the crypto community, BitMEX announced that XRP is now available as a margin for derivatives trading on its platform. This development, alongside the launch of RLUSD on Multi-Asset Margining, is already stirring conversations about its potential ripple effects across the broader XRP ecosystem. Bill Morgan, a prominent legal expert and well-known voice in the XRP community, reacted to the announcement on X, calling it “doubly good news for the XRP ecosystem.” However, despite recognizing the significance of this update, Morgan tempered expectations by noting that he did not expect the market to react immediately with a price surge. He stated plainly, “I expect the market not to react to the news and no increase in the price of XRP.” Doubly good news for the XRP ecosystem. I expect the market to have no reaction to the news and now increase in the price of XRP. https://t.co/dOtl18CByw — bill morgan (@Belisarius2020) May 27, 2025 BitMEX Expands XRP Utility for Derivatives Traders BitMEX, one of the world’s largest and most established cryptocurrency derivatives exchanges, has long been a major player in offering leveraged trading products to institutional and retail traders. By adding XRP as a margin asset, BitMEX is effectively increasing XRP’s utility, allowing traders to use it as collateral in derivative contracts. This development is significant because it expands XRP’s role beyond cross-border payments, establishing it as a valuable asset in high-volume crypto trading. Introducing RLUSD to Multi-Asset Margining further enhances BitMEX’s ecosystem by allowing traders to optimize capital efficiency, reduce liquidation risks, and gain broader flexibility in managing leveraged positions. The addition of XRP to BitMEX, alongside RLUSD, has sparked renewed debate about XRP’s market potential and its prospects for institutional adoption. Why the Market Reaction May Lag Despite the clear technological and functional advantages, Bill Morgan’s tempered expectations reflect a broader understanding of how the crypto market processes news. Historically, XRP’s price movements have not always correlated immediately with positive ecosystem developments. For instance, regulatory overhang from the U.S. Securities and Exchange Commission’s (SEC) ongoing legal entanglements with Ripple has cast a long shadow over investor sentiment, sometimes dampening the impact of fundamentally positive news. Morgan’s comment underscores the gap between ecosystem progress and price action. While XRP’s increased integration into trading platforms like BitMEX signals growing institutional and retail utility, such advancements often require sustained market confidence and broader adoption to translate into meaningful price rallies. Investors have grown cautious, frequently waiting for clear legal resolutions or macroeconomic shifts before piling into speculative price movements. The Broader Legal Context and Market Sentiment Bill Morgan’s influence in the XRP community stems from his legal expertise and commentary on the SEC vs. Ripple case, one of the most closely watched legal battles in the crypto world. Since Judge Analisa Torres’ landmark ruling in July 2023 concluded that Ripple’s programmatic XRP sales did not constitute securities offerings, XRP has been fighting to reclaim its position among top-tier digital assets. However, the lingering effects of the lawsuit, pending appeals, and broader regulatory uncertainties have made market participants hesitant, even as Ripple secures new global partnerships and expands its technological footprint. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 This BitMEX development adds to a growing list of use cases and integrations that strengthen XRP’s fundamental value proposition. Nevertheless, as Morgan rightly points out, legal clarity and regulatory confidence remain key levers for unlocking widespread market enthusiasm and boosting the XRP price. A Stronger Ecosystem, But Cautious Optimism XRP’s integration as a margin asset on BitMEX is undeniably a major step forward, marking another milestone in XRP’s journey from a specialized remittance token to a multifaceted digital asset with diverse use cases. It reflects a vote of confidence from one of the industry’s top derivatives exchanges and offers practical utility for traders seeking liquidity, flexibility, and capital efficiency. Yet, as Bill Morgan’s commentary emphasizes, the road to sustained price appreciation may be longer than market participants hope. While announcements like these lay the foundation for future growth, they do not guarantee immediate rallies. Instead, they represent part of a larger puzzle: strengthening the ecosystem, deepening market integrations, and, most importantly, navigating the complex legal and regulatory landscape that still defines XRP’s trajectory. In summary, while the BitMEX announcement is indeed “doubly good news” for XRP, investors and traders may need to balance their excitement with measured patience. With ongoing legal challenges and a cautious market environment, the path to a sustained XRP price rally will likely require more than technical integrations — it will demand regulatory breakthroughs and renewed market confidence. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Legal Expert Expects No XRP Price Rally on This Big Announcement appeared first on Times Tabloid .
