Altcoins News
By Sakamoto Nashi
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XRP Surges as Genius Act Becomes Law. XRP’s price action has been one of the major stories of the week.
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Market Reaction and Technical Analysis. The XRP market responded swiftly to the legislative news.
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Ripple and U.S. Crypto Policy Alignment. Garlinghouse has been vocal about the need for regulatory clarity in the U.S.
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Political Influence and Controversy. Some observers noted the growing influence of crypto in Washington, D.C.
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What’s Next for XRP?. With the regulatory hurdle seemingly lowered, many investors are speculating on what could be next…
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Ripple CEO Brad Garlinghouse called it a “historic day for crypto” after XRP, the digital asset closely tied to Ripple Labs, climbed to a fresh all-time high.
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Although Garlinghouse could not attend the signing in person, he celebrated the moment by reposting a tweet from Ripple’s chief legal officer, Stuart Alderoty, who was present at…
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XRP’s price action has been one of the major stories of the week. On Friday, XRP soared by 16% within a few hours, reaching $3.65—a level not seen since early 2018.
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The Genius Act is being viewed by many in the crypto world as a sign that the U.S. is finally ready to support innovation rather than resist it.
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“The Genius Act marks a shift from the U.S.'s historically cautious crypto stance,” Garlinghouse posted. “It’s a huge win for the entire industry.”
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The XRP market responded swiftly to the legislative news. A look at the hourly chart shows two large green candles, each representing around 5% gains, that pushed XRP past its…
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However, a mild correction followed the initial rally. At the time of writing, XRP has pulled back to around $3.44, reflecting a 6% drop from the recent peak.
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Garlinghouse has been vocal about the need for regulatory clarity in the U.S., especially after Ripple’s long-running legal battle with the Securities and Exchange Commission…
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The Genius Act, although not directly related to XRP’s classification, offers a much-needed framework for crypto-related businesses.
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Ripple's executives are framing this new law as a validation of their approach and a catalyst for more institutional adoption.
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