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.
Ripple has formally requested the U.S. Securities and Exchange Commission (SEC) to treat XRP the same as Bitcoin and Ethereum under capital regulation rules. The company proposes shifting from legacy asset classifications to a function-based regulato...
The XRP Ledger recorded its sixth-largest exchange outflow this year with 34.94 million XRP moved off centralized platforms, signaling large investors may be accumulating via private storage. Analyst Javon Marks highlights XRP's strong technical stru...
Ripple has proposed a new regulatory framework to the SEC Crypto Task Force advocating for stablecoins like RLUSD to be treated as high-quality, cash-equivalent collateral under verified mint-and-burn structures. This would allow institutions to use ...
Ethereum's price is trading just above $2,000 after a steep decline from $2,500, raising concerns about a potential crash below this key level or a bullish reversal. This weakness is part of a broader crypto market pullback, with Bitcoin, Ripple, and...
XRP has been unable to break above the $1.65 resistance level for about four months, indicating weakening bullish momentum. Market analyst CasiTrades warns this prolonged rejection could lead to a downward liquidity sweep, pushing XRP towards key sup...
