XRP and ETH Steady as White House Risks Clarity Act

XRP and ETH Steady as White House Risks Clarity Act


The post XRP and ETH Steady as White House Risks Clarity Act appeared on BitcoinEthereumNews.com.

XRP and Ethereum maintain momentum as White House threatens to pull back Clarity Act, with institutional interest growing in both. XRP and Ethereum have shown steady growth despite growing concerns over the future of crypto regulation. The White House recently threatened to withdraw support for the Clarity Act, a bill that aims to clarify digital asset regulations. If the bill is stalled, it could further add to the uncertainty in the crypto market, impacting the prices of assets like XRP and Ethereum. Despite this, both cryptocurrencies have managed to maintain their momentum, demonstrating resilience in an unpredictable environment. Uncertainty Looms Over the Clarity Act The Clarity Act has been a critical piece of legislation for the crypto community. It aims to establish clear guidelines on how cryptocurrencies like XRP and Ethereum should be treated by regulators. However, tensions have arisen between the crypto industry and the White House. The recent threat to withdraw support for the bill has created uncertainty about the future of crypto regulation. Coinbase, one of the biggest crypto exchanges, has already pulled its backing of the Clarity Act. This withdrawal has further complicated the political landscape, as the relationship between the government and the crypto industry grows increasingly strained. The fate of the bill remains unclear, leaving investors unsure about how upcoming policies will impact the market. XRP Shows Resilience Despite Regulatory Concerns XRP has remained relatively stable, trading near $2.07, despite ongoing regulatory concerns. The cryptocurrency’s ability to hold this level demonstrates its strength amid uncertainty. XRP also saw an increase in institutional interest, with net inflows of $1.11 million into spot XRP ETFs. This growing trust from institutional investors suggests that XRP could continue to perform well, even with regulatory challenges. 🚨BREAKING: 🇺🇸 $XRP spot ETFs recorded a net inflow of $1.11M on January…



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