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Wall Street Meets XRPL: Why Ripple’s Latest DTCC Integration ‘Seems Important’

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In a key move connecting traditional and digital finance, the Depository Trust and Clearing Corporation (DTCC) added Hidden Road Partners CIV US LLC to its NSCC Market Participant Identifiers directory.

Effective March 2, 2026, the NSCC update allows Ripple Prime to route institutional post-trade volumes directly onto the XRP Ledger (XRPL). Notably, the move bridges traditional market infrastructure with blockchain settlement.

XRPL Moves Deeper Into Wall Street Infrastructure

According to the DTCC notice dated February 27, 2026, the update is part of broader changes to participant lists for insurance processing. It also reflects NSCC updates across OTC, corporate, municipal, and UIT products.

As a result, Hidden Road appears under clearing broker code 0443 with executing broker alpha “HRFI,” approved specifically for OTC trades. The inclusion sets the stage for Ripple Prime to integrate traditional clearing infrastructure with blockchain settlement.

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The integration enables Ripple Prime to combine NSCC’s centralized clearing, risk management, and settlement services with the XRPL’s speed and low transaction costs. Also, the arrangement could compress settlement times and improve capital efficiency across a system handling over $2 quadrillion annually.

In line with its growth strategy, Ripple acquired Hidden Road in April 2025 for $1.25 billion, marking one of the largest deals in digital assets history. Rebranded as Ripple Prime in October 2025, the platform now offers multi-asset prime brokerage. It provides clearing, financing, and OTC spot trading for XRP and RLUSD stablecoins.

Before the acquisition, Hidden Road cleared $3 trillion yearly for more than 300 institutional clients across FX, derivatives, and digital assets. Ripple plans to migrate post-trade activities to the XRPL, using RLUSD as collateral to streamline cross-margining between traditional and crypto markets.

An Important Development?

Ripple CTO Emeritus David Schwartz described the development as one that “seems important” on social media, noting its potential impact on XRPL adoption. Industry experts suggest the integration may boost settlement speed and institutional access while embedding blockchain deeper in U.S. financial infrastructure.

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Beyond Ripple Prime, the DTCC notice also highlighted other updates. These include Summit Wealth Group joining insurance processing on March 9, 2026, and U.S. Securities International Corp. changing its clearing broker from NFSC to SWST.

Meanwhile, firms including Azzad Funds and Bain Capital Private Credit retired, with reassignments ensuring continuity of clearing and settlement operations.

The post Wall Street Meets XRPL: Why Ripple’s Latest DTCC Integration ‘Seems Important’ appeared first on CryptoPotato.

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Analysts Say This Must Happen for Ethereum to Take Out Resistance at $2.2K

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Analysts Say This Must Happen for Ethereum to Take Out Resistance at $2.2K

Ether’s (ETH) 9% rally on Monday stalled at $2,200 due to stiff overhead resistance and weak ETF demand. Still, technical and onchain setups suggested that upward momentum may increase as long as ETH stays above the $2,000 mark.

Key takeaways:

  • Ether bulls must flip the $2,200 level into new support.

  • Spot ETF outflows continue, reflecting increasing institutional sell pressure.

Ether price must hold $2,200 as support

Data from TradingView shows that ETH price is stuck between two key trend lines: the 50-day exponential moving average (EMA) at $2,200 acting as resistance and the 50-day SMA at $2,000 as support.

Related: Ethereum may see 25% rally as richest ETH whales return to ‘profitable state’

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ETH bulls must now reclaim the 50-day EMA to ensure a sustained recovery toward $3,000.

The last time ETH/USD broke out of such a range was in May 2025, triggering a 50% rally in less than seven days.

ETH/USD daily chart. Source: Cointelegraph/TradingView

A break above $2,200 would confirm a bullish breakout from a symmetrical triangle pattern, with a measured target of $3,080, or a 42% rise from the current level.

Before this, however, the bulls would have to contend with stiff resistance between $2,780 and $2,880, where the 200-day EMA, the 50-week EMA, and the 100-week EMA converge.

Glassnode’s cost basis distribution heatmap shows a heavy accumulation at $2,750-$2,850, where investors acquired more than 7.5 million ETH.

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Notably, there is a relatively low concentration of supply between $2,200 and the $2,700 cost-basis cluster, meaning a break above the current range may allow the price to move more freely toward the bigger overhead resistance.

ETH: Cost basis distribution heatmap. Source: Glassnode

On the downside, a dense accumulation cluster sits around $1,850, where investors previously acquired 1.3 million ETH. 

If the $1,850-$2,000 support gives in, it could trigger the next leg lower toward the bearish target of the triangle at $1,400.

“$ETH failed to reclaim the $2,100 level and is now moving down,” analyst Ted Pillows said in a Monday post on X, adding:

“Now, the only crucial support level for Ethereum is $2,000 and if ETH loses it, the dump will accelerate to new lows.”

ETH/USD daily chart. Source: Ted Pillows

As Cointelegraph reported, holding above $2,000 would keep the medium-term trend intact, while a break below shifts the positioning toward aggressive short exposure, with the lower targets in focus.

Ethereum ETF inflows must return

One factor that could trigger an ETH price breakout is a resurgence in institutional demand, which has diminished with outflows from spot Ether exchange-traded funds (ETFs) over the last four days.

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Data from Glassnode shows the 30-day average of the US spot ETH ETF flows drifting back into the negative zone after a short period of inflows.

If flows can re-accelerate into consistent positive territory, it would strengthen the case for renewed trend continuation for ETH.

Spot Ether ETF net flows, 30DMA. Source: Glassnode

Similarly, investors reduced exposure to global Ethereum investment products, which recorded over $27.5 million in net outflows during the week ending March 20.

Meanwhile, the number of Ethereum treasury companies buying ETH on a daily basis has dropped sharply since August 2025, reinforcing the decline in institutional demand.

Ethereum treasury companies buyers. Source: Capriole Investments 

Tom Lee’s Bitmine Immersion Technologies, the largest corporate Ethereum treasury holder, is the only company that appears to be buying, adding $139 million worth of ETH last week.

Bitmine’s total ETH holdings are now 4.66 million ETH, bringing it closer to its goal of acquiring 5% of the token’s circulating supply.

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