XRP Tumbles 10% Amid Regulatory Setback as Ripple Maintains Confidence
XRP plunges 10% following U.S. Senate's rejection of the CLARITY Act, sparking volatility across digital asset markets.
2 min read
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XRP plunges 10% following U.S. Senate's rejection of the CLARITY Act, sparking volatility across digital asset markets.
2 min read
Binance reports 32% drop in XRP open interest as spot sellers outpace buyers, signaling potential bearish trends.
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White House to hold high-level meeting on Clarity Act ethics section as Senate faces final deadline.
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A covert operation by Poland's state energy company, Orlen, to purchase Venezuelan oil using cryptocurrency has reportedly failed, resulting in a loss of $230 million. The deal, involving Tether (USDT) and USB drives, unravels a complex tale of sanctions evasion and alleged mismanagement.
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Several U.S. Senate Democrats have publicly rejected the Clarity Act, labeling it as corrupt, potentially derailing efforts to establish clearer crypto regulations.
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The U.S. government is targeting over $61 million in cryptocurrency allegedly tied to illegal Iranian oil transactions, signaling intensified scrutiny on digital asset use for sanctions evasion.
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The US government has moved $288 million in Bitcoin and Ether to Coinbase Prime, signaling continued management of its substantial crypto holdings. Arkham Intelligence data reveals a total government crypto portfolio valued at over $20 billion.
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A cross-party House of Lords committee urges an immediate ban on nearly all gambling ads and scraps the government's growth mandate, sending ripples through the $15B UK iGaming market and its fast-growing crypto segment.
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The UK is set to become the first G7 nation to issue a digital sovereign bond by early 2027, utilizing blockchain infrastructure to enhance efficiency.
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