Lawyer Bill Morgan suggests XRP already meets the criteria to be classified as a digital commodity under the proposed CLARITY Act, which requires no single entity to own 20% or more of the token and includes governance conditions. More than half of XRP's supply is distributed outside Ripple, potentially qualifying it as a "mature blockchain system" under the bill. This classification would place XRP under CFTC oversight rather than SEC regulation, impacting its legal treatment. Despite a Senate vote delay on the CLARITY Act, the bill is not considered dead, leaving regulatory clarity for XRP still possible.
Kamilah Stevenson advises XRP investors to multiply their token holdings by a realistic price target to see if the resulting value aligns with their financial goals. She highlights that focusing solely on price predictions like $10 per XRP can overlo...
A sharp price increase in XRP, NEAR, and other altcoins triggered $666 million in forced liquidations of short positions within 24 hours, marking the largest wave of crypto short squeezes in months. XRP rose nearly 8%, NEAR surged over 11%, and Bitco...
XRP inflows to Binance surged 663% above the quarterly average in mid-September, concentrated in three sessions coinciding with key US regulatory and Fed events. Despite large token deposits, Binance's XRP reserves rose only slightly, indicating acti...
Ripple has partnered with Absa Corporate and Investment Banking to launch Absa Digital Asset Custody, using Ripple's crypto custody technology to provide secure digital asset storage for African financial institutions. This collaboration aims to offe...
XRP has reversed its recent downtrend, climbing about 7% to $1.48 after a sharp recovery from last week's dip to $1.29. Institutional investors played a key role, transferring around 1.54 billion XRP worth $2.2 billion to buy the dip, stabilizing tra...
