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XRP jumps 15% after Ripple CEO joins White House crypto summit with Trump

Market News
20 Aug 2026
Dailycoin
View Source
Bullish
XRP jumps 15% after Ripple CEO joins White House crypto summit with Trump

XRP surged nearly 15% to $1.21 following Ripple CEO Brad Garlinghouse's participation in a White House crypto summit hosted by President Donald Trump. The event included key financial regulators and marked the launch of the CFTC’s Innovation Advisory Committee, signaling increased government engagement with digital assets. While this visibility is positive for XRP investors, it does not alter the token's legal status or guarantee regulatory changes. Market watchers are now focused on the upcoming Senate vote on the CLARITY Act, which could shape future crypto regulations in the U.S.

More News (XRP)

Ripple USD stablecoin supply nears PayPal USD, closing gap to $248M in late September 2026

Ripple USD stablecoin supply nears PayPal USD, closing gap to $248M in late September 2026

Ripple USD (RLUSD) stablecoin's circulating supply rose to $2.491 billion, narrowing the gap with PayPal USD (PYUSD) to about $248 million as of late September 2026. RLUSD increased by $82.1 million during the period, while PYUSD stood at $2.739 bill...

Market News
Neutral
4 hours ago
Ripple's RLUSD stablecoin nears Paypal's PYUSD, closing gap to $248M amid strong 2026 growth.

Ripple's RLUSD stablecoin nears Paypal's PYUSD, closing gap to $248M amid strong 2026 growth.

Ripple's RLUSD stablecoin surged to a record $2.49 billion, adding $82.1 million in one day and narrowing the gap to Paypal's PYUSD, which stands at $2.74 billion but has shrunk 22% this year. RLUSD has grown 86% since early 2026, while PYUSD has dec...

Protocol Fundamentals
Bullish
4 hours ago
XRP price rises 2.11% in an hour amid $370K short liquidations

XRP price rises 2.11% in an hour amid $370K short liquidations

XRP's price increased by 2.11% within one hour to $1.52, partially recovering from a 24-hour decline. This rise was driven by $370,000 worth of short position liquidations on exchanges like Binance, Bybit, and OKX, while no long positions were liquid...

Market News
Bullish
4 hours ago
Trader Peter Brandt finds XRP chart promising but confirms no purchase or new price target.

Trader Peter Brandt finds XRP chart promising but confirms no purchase or new price target.

Veteran trader Peter Brandt highlighted the XRP chart's interesting price compression patterns that historically led to strong rallies, sparking renewed interest in the token. However, he clarified that he has not bought XRP nor set a new price targe...

Technical Signals
Neutral
5 hours ago
Wintermute holds $93M in shorts on Hyperliquid, mainly betting against Ether and Solana.

Wintermute holds $93M in shorts on Hyperliquid, mainly betting against Ether and Solana.

Wintermute, a market maker, has taken a heavily short-biased position on the Hyperliquid trading platform, holding about $93 million in short positions versus $5.12 million in longs. The largest short is on Ether (ETH) valued at $47.19 million, with ...

Market News
Bearish
7 hours ago
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