Ripple CEO Brad Garlinghouse warned that the next two weeks are crucial for the US Senate to advance broad crypto legislation tied to the CLARITY Act. The Senate Banking Committee must act soon to keep the bill on track before the midterm elections make progress politically difficult. The bill aims to create federal rules for digital assets and split oversight between the SEC and CFTC. Meanwhile, Ripple has no immediate IPO plans, focusing instead on growth and regulatory clarity amid ongoing SEC litigation over XRP.
Bitcoin briefly reached $67,000 but fell back below $66,000 amid cautious market reaction to the U.S.-Iran peace agreement. While traditional stocks surged, with the S&P 500 up 1.7% and Nasdaq 100 rising 3.1%, Bitcoin showed only a modest 0.3% gain. ...
On June 15, Bitcoin spot ETFs experienced $64.8 million in outflows, mainly due to Grayscale's GBTC losing $124 million in a single day. However, other Bitcoin funds gained about $59 million, partially offsetting the losses. Meanwhile, altcoin ETFs a...
XRP's price surged past the $1.18 resistance level to $1.22, supported by a 94% increase in daily trading volume, signaling stronger market participation. This move shifts focus from mere recovery to a potential trend reversal, though sustained buyin...
XRP surged about 13% in 24 hours, reclaiming the $1.28 level for the first time in weeks, driven by reduced geopolitical tensions between the US and Iran. Major holders now control 74.1% of circulating XRP, accumulating 1.53 billion tokens over six m...
Bitcoin surged past $67,000 driven by fresh inflows into U.S.-listed crypto ETFs like Solana and XRP, signaling growing institutional demand beyond just Bitcoin and Ethereum. Major miners like MARA are accumulating Bitcoin, reducing near-term supply ...
