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.
XRP, a popular digital asset, was priced at $1.32 as of early Friday morning, showing a slight decrease of 0.65% over the previous 24 hours. This minor drop indicates a small market fluctuation but no major trend change. Investors should watch for fu...
On October 21, XRP's 100-day moving average crossed above its 200-day average, a technical event often seen as a bullish signal. However, this crossover is mainly due to a base effect from shifting price data, not fresh buying demand, as XRP's price ...
The XRP Ledger's total stablecoin market cap fell 13.19% over the past week to about $999.9 million, mainly due to a 14.39% drop in Ripple's RLUSD stablecoin, which holds over 90% of XRPL's stablecoin value. Ripple burned $50.6 million RLUSD on XRPL ...
Crypto researcher SMQKE highlighted that XRP's long-term value depends on broader network adoption by banks, payment providers, and applications, which can increase its usefulness. The analysis references Metcalfe’s Law, suggesting network value grow...
XRP was trading at $1.33 as of early Friday, slightly above its identified support level of $1.30 and below its resistance at $1.45. The token's price fell by 0.93% over the past 24 hours. This positioning suggests XRP is holding near a key support l...
