Author: Editor

As the wider cryptocurrency market responded to the failure of the Clarity Act in the United States, $XRP experienced one of its biggest short-term corrections in months, falling roughly 12.2% in a matter of hours. The U.S. Senate fell well short of the necessary 60 votes, voting 49-50 against using cloture to move the bill…

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Crypto markets came under heavy selling pressure after the US Senate failed to advance the CLARITY Act. It is significant, as it aimed to establish clearer rules for the digital-asset industry. The legislation fell short of the 60 votes required to move forward, adding a fresh layer of regulatory uncertainty for the crypto market.

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