Senate Banking Committee Advances Crypto CLARITY Act
Ethical concerns regarding Donald Trump’s multibillion-dollar crypto empire continue to loom large among Democrats, threatening to stall the bill’s path through Congress.
Bitcoin News·
XRP rallied as buyers pushed the token to fresh session highs, extending gains after a breakout from consolidation. The move came alongside expanding volume, elevated momentum readings, and optimism after the Senate Banking Committee advanced the CLARITY Act, which Ripple publicly supported. XRP Breakout Signals Renewed Bullish Momentum At 2:27 p.m. on May 14, XRP […]
Read full articleEthical concerns regarding Donald Trump’s multibillion-dollar crypto empire continue to loom large among Democrats, threatening to stall the bill’s path through Congress.
The post Ripple CTO Sounds Alarm as XRP Giveaway Scams Surge Across XRPL Social Channels appeared on BitcoinEthereumNews.com. Key Takeaways: David Schwartz, CTO of Ripple cautioned users to expect a major surge in the number of giveaway and airdrop scams. There’s a reasonable possibility that many of the accounts that have impersonated him on Instagram, Telegram and other social media sites are fake, Schwartz said. It is coming as scammers are taking multiple approaches to target XRPL users by providing fake promotions and phishing attacks. Ripple CTO Emeritus, David “JoelKatz” Schwartz has issued a fresh warning to members of the XRP community following a widespread rise in cryptos scams targeting Ripple users on various social media platforms. The founding figure of XRP Ledger called on people to exercise caution, as con artists keep impersonating Ripple-related individuals and trying to lure consumers into stealing their wallet or cash through fake airdrops, giveaways and token sale
The post Bitcoin And XRP Climb On CLARITY Act News—But Clear Path To Law Isn’t Done Yet appeared on BitcoinEthereumNews.com. Cryptocurrency markets rallied sharply on Thursday after the Senate Banking Committee delivered a major win for the industry by advancing the long-anticipated CLARITY Act. The market reaction was visible across the largest coins: Bitcoin (BTC) jumped to $81,899 at the time of writing, representing about a 2.7% gain, while XRP led among the top ten cryptocurrencies, surging above $1.50 with gains of more than 6%—a level not seen since March of this year. Even with the momentum, the bill is still not law, and it faces multiple political and procedural hurdles before it can be finalized. Next Steps For The CLARITY Act The committee’s action—passing the CLARITY Act by a 15–9 vote—means the next step is a full Senate vote, which would require roughly 60 votes to pass. If it clears that threshold, the process would move into the next phase, typically involving House
The post If you invested $1,000 at the start of 2026 in XRP, you’d now have this much appeared on BitcoinEthereumNews.com. A crypto investor who risked $1,000 on XRP at the beginning of 2026 is counting double-digit percentage losses as of May 14. At the beginning of 2026, $1,000 fetched 541.95 XRP tokens, which were worth $802.09 at press time. Furthemore, XRP price has declined 19.79% year-to-date (YTD), representing a loss of $0.3639 per token. XRP/USD YTD chart. Source: Finbold During the first week of investment, this XRP portfolio surged to above $1,268. However, between January 6 and February 5, the token’s price crashed by over 48% to around $1.21, thereby pushing this portfolio to a low of $655.80. With this altcoin having consolidated around $1.40 for 98 days, the initial investment has remained underwater. What’s next for XRP investors trapped underwater Although the $1,000 invested in this token has declined by $197.91 YTD, the odds of a profit return before the end of this
The Clarity Act's advancement signals a shift towards comprehensive federal oversight of digital assets, potentially reshaping the crypto landscape. The post Senate panel advances Clarity Act, boosting crypto regulation prospects appeared first on Crypto Briefing.
The post BREAKING: The U.S. Senate Banking Committee Has Passed the Clarity Act, the Major Cryptocurrency Bill appeared on BitcoinEthereumNews.com. BREAKING: The U.S. Senate Banking Committee Has Passed the Clarity Act, the Major Cryptocurrency Bill – Bitcoin Sistemi Insert This website uses Cookies to ensure the best experience for you.Accept Source: https://en.bitcoinsistemi.com/breaking-the-u-s-senate-banking-committee-has-passed-the-clarity-act-the-major-cryptocurrency-bill/
The post Bullish posts $604.9 million Q1 loss as trading activity slows appeared on BitcoinEthereumNews.com. Bullish also reported adjusted EBITDA of $35.1 million, missing analyst estimates of $38 million. Summary Bullish reported adjusted first-quarter 2026 revenue of $92.8 million, missing analyst expectations. The crypto trading platform posted a net loss of $604.9 million, or $3.85 per share. Shares of Bullish fell 7.9% in pre-market trading to $38.51 following the earnings release. Crypto trading platform Bullish reported weaker-than-expected first-quarter 2026 financial results as softer digital asset trading activity weighed on revenue and profitability. According to a report from CoinDesk, the company posted adjusted revenue of $92.8 million, below Wall Street expectations of $94.9 million. The company’s net loss widened sharply to $604.9 million, equivalent to a loss of $3.85 per share, compared with the same period a year earlier. Investors reacted negatively to the results,
Cryptocurrency markets rallied sharply on Thursday after the Senate Banking Committee delivered a major win for the industry by advancing the long-anticipated CLARITY Act. The market reaction was visible across the largest coins: Bitcoin (BTC) jumped to $81,899 at the time of writing, representing about a 2.7% gain, while XRP led among the top ten cryptocurrencies, surging above $1.50 with gains of more than 6%—a level not seen since March of this year. Even with the momentum, the bill is still not law, and it faces multiple political and procedural hurdles before it can be finalized. Next Steps For The CLARITY Act The committee’s action—passing the CLARITY Act by a 15–9 vote—means the next step is a full Senate vote, which would require roughly 60 votes to pass. If it clears that threshold, the process would move into the next phase, typically involving House–Senate talks to reconcile differences between versions, followed by a potential presidential signature, which could further