The Senate Banking Committee voted 15-9 to advance the Clarity Act, a bipartisan bill aiming to clarify which regulator oversees specific digital assets, ending current legal ambiguities in US crypto oversight. Ripple's CLO Stuart Alderoty hailed the move as monumental, highlighting that 67 million Americans hold crypto and that the bill could unlock multi-trillion dollar market potential. The Act would classify tokens like XRP as digital commodities, potentially unlocking billions in institutional investment. The bill still requires 60 Senate votes, committee reconciliations, and the President's signature before becoming law, with a critical deadline before the 2026 campaign season.
Ripple executive Reece Merrick compared the current state of crypto payments to the early days of online shopping, highlighting that both went through a slow infrastructure-building phase before gaining mainstream adoption. He noted that just as e-co...
Ripple's XRP has declined 9% this week, continuing a downtrend since last year due to low network activity and increased supply. The price broke below a key support range and retested it, signaling potential further decline if another low is made. Ho...
Most major cryptocurrencies experienced price declines, including Bitcoin dropping 2.76% to $60,733 and Ethereum falling 3.24% to $1,608.71. Other notable coins like Binance Coin and XRP also saw decreases, reflecting a broad market pullback. A few t...
XRP's availability on Binance has increased significantly, with the Binance Scarcity Index dropping to 0.34, its lowest in over three months. This rise in supply comes as XRP's price fell 3.85% to around $1.06, reflecting growing selling pressure and...
Bitcoin fell sharply below the $60,000 level, hitting around $59,462 after a steep intraday decline driven by a sell-off in tech and AI stocks, sticky inflation, and hawkish Fed policies. The entire crypto market is down, with major coins like Ethere...
