The CLARITY Act, a key crypto regulation bill, now merges Senate Banking and Agriculture Committee texts with a new ethics provision, sparking debate over limits on officials' crypto ties. Democrats seek stronger language on consumer protection and enforcement, with a crucial vote possible before the August 7 recess if ethics issues resolve by July 30. Meanwhile, XRP price remains near $1.10, supported by rising derivatives activity and institutional inflows, reflecting cautious optimism ahead of key policy and Federal Reserve decisions. A Senate vote delay could impact XRP's price momentum amid ongoing regulatory uncertainty.
Ripple, originally founded in 2013 to improve international payments via blockchain, has expanded into a comprehensive financial services provider for institutions. It now offers integrated solutions including digital asset custody, cross-border paym...
XRP has risen back to $1.1 following positive developments around the U.S. CLARITY Act, which could officially classify XRP as a digital commodity and reduce regulatory uncertainty. This move is expected to encourage more institutional investment and...
A $1,000 investment in XRP on July 13, 2023, the day Ripple won a key court ruling against the SEC, would now be worth about $1,358, reflecting a 35% gain. The court ruled that XRP sales on public exchanges to retail investors are not securities tran...
XRP's escrow system releases tokens on a fixed monthly schedule, but Ripple often re-locks a portion, controlling how much XRP enters the market. This means that while a large amount of XRP unlocks regularly, the net new circulating supply is usually...
EverSource Wealth Advisors, managing $3.6 billion in assets, has increased its investments in XRP ETFs alongside Bitcoin ETFs, signaling growing institutional confidence in cryptocurrency products. The firm holds shares in ProShares Ultra XRP ETF, Fr...
