The CLARITY Act, aimed at clarifying U.S. digital asset regulations, faces a critical test in September after Senate Democrats and Republicans failed to reach a deal before the August recess. Both parties lack enough support to pass the bill alone, with Democrats seeking changes and Republicans cautious about forcing a vote. The outcome in September will determine if the bill can move forward, offering regulatory clarity that could benefit the crypto market and XRP investors by defining digital asset classifications and regulatory roles. Continued delays would prolong uncertainty and affect market confidence in comprehensive crypto legislation.
XRP token prices rose by about 7% to 8%, but several smaller U.S. spot XRP ETFs surged even higher, gaining 16% to 17%. This created an unusual short-term pricing gap between the ETFs and the underlying XRP token. The widening liquidity gap highlight...
XRP price surged past a descending 4-hour channel at $1.37, reaching near $1.45 and testing resistance between $1.50 and $1.53. Momentum remains strong but cautious, with the 14-day RSI at 66.22, below overbought levels. Key upcoming catalysts includ...
Bitcoin surged above $82,000 on September 3 after $250 million in short positions were liquidated, triggering a $758 million total crypto market liquidation dominated by shorts. This short squeeze fueled a 21% rally in Zcash and notable moves in Ethe...
XRP is at a crucial price point, trading around $1.45 with resistance between $1.41 and $1.43. A sustained move above the mid-tier Bollinger Band at $1.40 could push XRP toward its near-term target of $1.97, close to January levels. Strong support ex...
The SEC issued Order No. 34-106268 approving XRP and Solana as digital commodities alongside Bitcoin and Ether, allowing actively managed crypto ETFs to hold up to 15% of assets in these coins. This regulatory clarity sparked a $566.9 million short s...
