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.
Solana's price remained above a crucial support level despite a slight dip, supported by $5.75 million in net inflows into U.S.-listed spot Solana ETFs, contrasting with outflows from Bitcoin and Ethereum funds. Solana ranked second in global spot tr...
XRP is trading near $1.14 as markets react to unconfirmed reports that Ripple has secured full approval under the EU's MiCA regulatory framework, potentially expanding its crypto services across Europe. This development, if confirmed by official sour...
Ripple CEO Brad Garlinghouse criticized Strategy's preferred shares sliding below par as a failure of financial engineering, sparking debate about both companies' reliance on selling their own assets to fund operations. Strategy funds Bitcoin purchas...
XRP's Binance Scarcity Index reached its highest level since 2024 as whales moved coins to non-custodial wallets, tightening supply and supporting price near $1.14. A BitGo whale transferred 114.9 billion Shiba Inu (SHIB) tokens to a new cold wallet,...
Cardano (ADA) fell 4% to around $0.18 on July 6, becoming the weakest among top 10 cryptos due to long liquidations and falling open interest. Founder Charles Hoskinson remains optimistic, highlighting the upcoming Leios upgrade that could increase t...
