The U.S. Senate failed to advance the Digital Asset Market CLARITY Act, a key crypto market structure bill, dealing a setback to the industry. Despite this, Ripple CEO Brad Garlinghouse expressed confidence that cryptocurrency will continue to progress and succeed due to its technological advantages. The Senate vote caused major cryptocurrencies like Bitcoin and XRP to drop sharply. However, the crypto industry recently achieved a legislative win with the 2025 GENIUS Act, which established a federal framework for stablecoins, signaling ongoing regulatory progress despite the CLARITY Act's failure.
XRP's market cap stands at Rp1.414,85 trillion with a 1-day decline of 10.91% as of Sep 16, 2026 04:22 WIB on Pluang, reflecting significant selling pressure with 71% of orders being sell orders. Bitcoin also shows a notable market cap of Rp26.975,94 trillion and a 1-day drop of 3.57%, with 62% sell orders on the platform. These figures highlight the market's cautious stance following the Senate's blockage of the CLARITY Act, despite ongoing regulatory progress in the crypto space.
Grayscale Investments has introduced a new series of model portfolios designed for financial advisors, with a significant allocation of 26.11% to XRP within its Digital Assets Next Gen portfolio. This move signals Grayscale's strong confidence in XRP...
Ripple CEO Brad Garlinghouse criticized Democratic politics for the Senate's failure to advance the CLARITY Act, a crypto regulation bill, calling them the "anti-crypto army." The Senate voted 50-49 against proceeding with the bill, marking a setback...
The U.S. Senate narrowly failed to advance the CLARITY Act in a 49-50 procedural vote, causing Bitcoin, XRP, and Shiba Inu to plunge. The bill aimed to provide comprehensive cryptocurrency market regulations but fell short of the 60 votes needed to p...
Leading cryptocurrencies such as Bitcoin and Ethereum experienced significant price declines, with Bitcoin falling nearly 4% and Ethereum over 5%. Other major coins like XRP and Solana also saw notable drops, indicating a broad market sell-off. This ...
Ripple CEO Brad Garlinghouse stated that the cryptocurrency industry will continue to grow regardless of whether the Clarity Act passes in the US Senate. He emphasized that superior technology tends to prevail and criticized the slow pace of traditio...
