The US Senate is approaching a crucial vote on the CLARITY Act, which aims to clearly define digital assets and separate commodities from securities. This legislation would give the Commodity Futures Trading Commission (CFTC) oversight of decentralized assets while the Securities and Exchange Commission (SEC) regulates securities, providing much-needed clarity for the crypto industry. For XRP holders, the act could end years of legal uncertainty, enabling better institutional custody, exchange listings, and product development. However, the bill faces delays due to an ethics dispute over crypto disclosures, with a tight deadline before the August recess. If passed, the CLARITY Act could significantly boost XRP's market potential and set a precedent for US crypto regulation.
XRP funding rates fell sharply by 240% on July 21, coinciding with a 4% price rally above $1.13. This divergence suggests traders are reducing leveraged long positions despite rising prices, indicating leverage normalization. The rally shifts short-t...
Crypto analyst EGRAG CRYPTO highlights XRP forming a rare triple-bottom pattern, suggesting a strong long-term bullish trend. If XRP breaks key resistance levels at $1.23, $1.56, and between $2.38-$3.54, it could target $9.28, $15.35, and $31.65. Thi...
Ripple launched the University Digital Asset Xcelerator (UDAX) in Brazil, generating over 44,000 on-chain transactions and supporting nine startups, which helped increase XRP Ledger activity by 72% in late June. This grassroots adoption, combined wit...
The White House has reportedly resolved a key ethics issue in the CLARITY Act, a major digital asset bill, and shared the updated language with Senate Republicans. This breakthrough removes a significant hurdle, increasing hopes that the bill could p...
The crypto market has recovered, with total capitalization rising above $2.2 trillion and Bitcoin surpassing $65,000. This rebound is driven by easing inflation concerns, especially cooling crude oil prices, which reduce pressure on the Federal Reser...
