Ripple CEO Brad Garlinghouse expressed confidence that the Senate's Clarity Act will eventually pass, despite recent opposition from Coinbase. He noted Ripple is not heavily involved in the legislative fight but appreciates White House support for the bill. Garlinghouse also highlighted that XRP is already recognized as a commodity by regulators, providing some clarity. Additionally, he criticized the proliferation of USD stablecoins and suggested Ripple could launch a compliant, institution-focused stablecoin given its strong balance sheet.
XRP broke a multi-month downtrend and surged to $1.12 following cooler-than-expected US Producer Price Index (PPI) data, which showed a 0.3% monthly decline and eased fears of tighter Federal Reserve policy. This led to a significant short squeeze wi...
XRP is showing a bullish falling wedge pattern, indicating weakening bearish momentum and a possible trend reversal. On-chain data supports this positive outlook, with more investors moving XRP to self-custody wallets, reducing sell pressure. XRP dom...
The Depository Trust & Clearing Corporation (DTCC) has officially started live production trading of tokenized Russell 1000 equities, major ETFs, and U.S. Treasuries, marking a major step for blockchain in institutional finance. This launch uses bloc...
Binance announced an $800,000 XRP airdrop with strict eligibility rules including full KYC verification and regional bans for residents of Canada, Japan, Iran, North Korea, and much of Europe due to regulatory compliance. Participants must hold at le...
XRP's price rose to around $1.11 on July 15, recovering from $1.07 with a 3.8% gain over 24 hours. Despite this rebound, analysts highlight $1.12 as a crucial resistance level that XRP must surpass to confirm a stronger recovery. Failure to hold abov...
