Ripple has deployed a branded 'Clarity truck' in Washington D.C. to lobby lawmakers for the passage of the Clarity Act, which aims to establish clear regulatory rules for digital assets and cryptocurrencies. The act, which passed the House with bipartisan support, faces challenges in the Senate due to disagreements over ethics, DeFi platforms, and stablecoin policies. Ripple argues that clear regulations will protect consumers and enhance U.S. competitiveness. The Senate must secure enough votes to overcome a filibuster before its July 4 recess, with mid-August seen as a critical deadline for the bill's passage.
Grayscale highlights that several crypto protocols generating revenue appear to be attractively valued in the current market. This comes as increasing regulatory clarity is expected to act as a major catalyst for the crypto sector. Investors may find...
Bitcoin fell below $60,000, causing $1.48 billion in crypto liquidations, mainly hitting long traders. This drop follows stronger U.S. inflation data, raising expectations that interest rates will stay higher for longer. Bitcoin options worth $9.33 b...
Japanese financial conglomerate SBI Group is acquiring Bitbank, Japan's third-largest cryptocurrency exchange, for approximately $289 million in a multi-stage deal. The acquisition involves buying shares from individual and corporate shareholders, fo...
The XRP Ledger has crossed a milestone with over 500 million daily payment activities, indicating robust network usage even as XRP's price remains in a downtrend around $1.07. While technical analysis shows bearish control with XRP below key moving a...
Ripple CEO Brad Garlinghouse suggested a "special arrangement" might allow XRP holders to benefit if Ripple goes public, but he gave no details, timeline, or commitment. Ripple and XRP are legally separate, so a public offering typically rewards equi...
