Two prominent crypto analysts have separately flagged what they describe as a significant technical setup for the XRP price, with one pointing to a chart structure he has tracked since October 2023 that continues to map the asset’s price action — and the other capturing an unusual moment that briefly showed XRP trading at over $43,000 on a major price aggregator. Related Reading: Bitcoin Found Support Where Recent Buyers Can’t Afford to Lose: Discover the Mechanics On-chain analyst and technical researcher Dark Defender (@DefendDark) returned to X with an update on a chart he originally published on October 25, 2023, arguing that the structure has remained the only technical framework for XRP that has stayed valid across the intervening period. According to the post, the chart continues to track the XRP price behavior accurately — a claim that carries weight given the asset’s volatile journey across two and a half years of market cycles. XRP's price 2023 fractal remains valid anticipat
CLARITY Act Stablecoin Rules: 5 Things Investors Must Know
The post CLARITY Act News: Long Awaited 309-Page Text Drops Tonight: What Next? appeared first on 99Bitcoins.
Singapore Gulf Bank has entered a strategic banking partnership with Standard Chartered to strengthen cross-border settlement and multi-currency payment services across emerging digital asset markets. According to a release shared with crypto.news on Tuesday, the agreement expands the bank’s correspondent…
The ABA's lobbying against stablecoin provisions highlights the tension between traditional banking and emerging financial technologies, impacting future financial landscapes.
The post American Bankers Association escalates lobbying against CLARITY Act stablecoin provisions appeared first on Crypto Briefing.
The American Bankers Association (ABA) is pressing for big changes to the Clarity Act, claiming the crypto market structure bill could put bank deposits at risk of losing ground to stablecoins. Last week, the Senate Banking Committee announced it had scheduled a new markup session to consider the potential legislation. Over the weekend, ABA President […]
The post Bank Lobbyists Strike Out Against Clarity Act, Say Bill Would Risk ‘Flight of Bank Deposits’ Into Payment Stablecoins appeared first on The Daily Hodl.
Global crypto funds have extended their positive streak into a sixth straight week amid growing rally conviction and a boost from improving sentiment around the CLARITY Act ahead of its long‑delayed Senate Banking markup. Related Reading: Bitcoin Price Gains Renewed Strength, Market Eyes Bullish Breakout Bitcoin Leads Crypto Funds $858M Inflows Global crypto investment products have extended their positive streak for the sixth consecutive week after posting $857.9 million in inflows over the past week. The funds saw a significant surge from the modest $117 million recorded on the week that ended on April 24. As Bitcoin surged to its highest levels in months, funds based on the flagship crypto led last week’s boom, drawing $706.1 million and bringing year-to-date (YTD) flows to $4.9 billion, according to CoinShares data. Conversely, short Bitcoin products saw $14.4 million in outflows, its largest withdrawals of the year, indicating traders are unwinding hedges amid growing rally convic
The Senate Banking Committee has unveiled a new draft of the Clarity Act days before a scheduled markup vote, reopening negotiations over stablecoin oversight, DeFi protections, and ethics rules tied to federal officials’ crypto activities. According to a statement released…
XRP trades near $1.47 as bulls target a breakout above $1.49, with $1.80 emerging as the next upside level. XRP traded near $1.47 on the daily chart as analysts watched a key breakout level at $1.49. A daily close above the top of the short-term channel could open a move toward $1.80, while failure to […]
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