Browsing: Ripple

When the SEC sued in 2020, XRP fell about 70% within days. A 2023 court ruling then added roughly $21 billion, and exchanges relisted it. ByWayne Jones

“By the time the crowd feels safe again, you may already be looking at XRP from behind,” one popular analyst stated. ByDimitar Dzhondzhorov

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Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC extends recovery, ETH eyes $2,500, XRP holds $1.30 InsightsNewsCryptocurrencies

Ripple CEO Brad Garlinghouse says there is still reason for optimism about U.S. crypto after the CLARITY Act failed to advance, pointing to continued SEC and CFTC rulemaking while stressing that the company’s business momentum remains intact.

Ripple and Strategy are arguing that the failed CLARITY Act vote did not change the existing legal position of XRP or Bitcoin in the U.S.

XRP dropped about 10% to $1.29 after the U.S. Senate blocked the CLARITY Act, the steepest fall among major crypto assets.

Garlinghouse expects the SEC and the CFTC to pick up more of the regulatory work while Congress remains stuck on legislation. ByWayne Jones

Ripple and MicroStrategy told investors nothing legal changed for XRP and Bitcoin (BTC) after the Senate blocked the CLARITY Act on Tuesday. The bill would have written crypto’s US market rules into federal law.

Ripple CEO Brad Garlinghouse says Monday’s CLARITY Act defeat “stings,” and he’s promising a full breakdown of what went wrong in the days ahead. The CLARITY Act failed to advance in the Senate, falling well short of the 60 votes needed for cloture, not even reaching 50 votes.