Ripple CEO Brad Garlinghouse emphasized the importance of the U.S. Senate scheduling a hearing on the Digital Asset Market Clarity Act within the next two weeks to ensure the bill's survival. The legislation aims to provide clear regulations for the crypto market, particularly addressing stablecoin yield rules to balance innovation and banking regulations. Garlinghouse highlighted that codifying these policies into law is crucial to prevent future regulatory reversals, despite compromises in the bill. The stablecoin market is expected to grow significantly, reaching $3 trillion by 2031, underscoring the need for regulatory clarity.
XRP traded mostly flat at $1.08 following a volatile week with a 1% drop reflecting broader crypto market weakness. Analysts see XRP nearing a key technical breakout point that could trigger a strong upward move, with price targets ranging from $6 to...
Ripple has secured regulatory approvals in Luxembourg under the EU's MiCA framework and expanded permissions in Singapore, reinforcing XRP's position as a compliant institutional settlement asset. The company launched Ripple Mint and its stablecoin R...
During XRP's price decline after its July peak, large holders, or whales, accumulated approximately 4.63 billion XRP tokens, raising their total holdings from about 7.5 billion in mid-August to 12.13 billion XRP. This buying activity suggests that bi...
XRP's price momentum weakened on July 27, dropping to around $1.09 after failing to break resistance near $1.11, despite the US Senate signaling a possible vote soon on the CLARITY Act, which aims to regulate cryptocurrencies. Trading volume surged o...
XRP is gaining bullish momentum as positive funding rates return and its 30-day Z-Score rises above zero, signaling renewed buyer confidence. The altcoin has defended the $1.08 support level and is approaching a critical resistance at $1.145, which i...
