The US Senate is expected to vote soon on a comprehensive bill to establish market structure rules for digital assets, backed by Republican lawmakers, while some Democrats continue to push for ethics provisions.

In a Tuesday press conference, Senators Chris Murphy, Jeff Merkley, and Chris Van Hollen spoke alongside representatives for Americans for Financial Reform and Indivisible and Hollywood actor Ben McKenzie in opposition to the Digital Asset Market Clarity (CLARITY) Act. The lawmakers said that the bill did not address what they called “[Donald] Trump’s crypto corruption,” referring to the US President’s ties to the industry through his memecoin, his family’s World Liberty Financial company and other businesses and investments.

“There is no reason to pass a new regulatory system for crypto if this system does not stop Trump’s corruption of the entire industry,” said Murphy. “This bill is worthless if it protects Trump’s dominance over an industry that he will have more control to regulate. In fact, the bill is in and of itself a fundamental corruption if it gives Trump’s corruption the protection of law.”

Senator Chris Murphy (third from left) addressing the press on Tuesday with Senator Chris Van Hollen (left). Source: Chris Murphy

The CLARITY Act has been under discussion in the US Senate since being passed by the House of Representatives almost a year ago this week as part of the Republicans’ “Crypto Week” agenda, in which the GENIUS stablecoin bill was also signed into law. The bill needs to meet a 60-vote threshold to pass the Senate and return to the House, meaning that some Democrats will need to support the legislation with Republicans’ slim majority in the chamber.

Advertisement

Related: ABA, state banking groups push back on CLARITY Act stablecoin yield provisions

Van Hollen, Murphy and Merkley are not the only Senate Democrats saying they will not support the bill without a clear carveout for ethics following Trump disclosing that he earned $1.4 billion from his crypto ventures in 2025. Senator Elizabeth Warren, an outspoken voice in the chamber against many crypto-related issues, has also called for the legislation to address what she called “brazen financial corruption.”

Despite the pushback from many lawmakers, the CLARITY Act has the support of two law enforcement organizations. The National Organization of Black Law Enforcement Executives and the Federal Law Enforcement Officers Association have backed the crypto bill, saying it would help address digital asset-related crime.

Senate majority leader says vote will happen before August work period

John Thune, majority leader in the US Senate, pledged to hold a vote on the crypto bill before the chamber breaks for a state work period on Aug. 10, according to Bloomberg. The exact timing of the vote was not available on the Senate calendar as of Tuesday.

Advertisement

The CLARITY Act already has support from Trump, who on Monday urged members of the Senate to pass the bill “in honor of” Senator Lindsey Graham, who died over the weekend. The president said that the South Carolina lawmaker had been “a big supporter” of the legislation, but Graham did not appear to have made any public statements directly supporting CLARITY.

The senator’s death left Republicans with a 52-47 majority in the chamber and, with Senator Mitch McConnell still hospitalized as of Tuesday, the party could only have 51 lawmakers present at the time of the potential vote.

Senator Cynthia Lummis, one of CLARITY’s proponents in Congress, said on Monday that lawmakers would release the text of the bill “in the next few days.”

Magazine: Crypto’s CLARITY Act faces partisan fight over ethics on Senate floor

Advertisement

Source link

Perplexity AI took one look at XRP hovering at $1.06 and floated a $3 to $5 price prediction for 2026. That predicts a coin that has bled for 12 straight months to nearly quintuple.

The bull case rests on XRP graduating from a trade into a utility asset. Perplexity points to institutional demand continuing to build, ETF inflows staying sticky, and Ripple’s payments network absorbing real volume.

Stack those together, and you get what the model calls a supply shock layered on top of a narrative repricing. That is the combination that historically moves a coin in multiples, not percentages.

Sticky ETF money matters more than hot money because it does not flee on a red week. If the payments rails keep pulling XRP out of speculative circulation, float shrinks while attention grows.

From $1.06, the math to $3 does not need heroics. It needs one quarter where the story finally matches the flows.

The bear case is simpler and, right now, better supported by the tape. Perplexity flags the scenario where inflows fade, adoption stays slower than promised, and broader crypto risk appetite keeps weakening.

In that world XRP just sits trapped between $1 and $1.50 while the headlines keep promising something else. That range has been the entire life of this coin since February. Nothing about the last five months suggests the trap has sprung open.

Xrp (XRP)

24h7d30d1yAll time

XRP Price Prediction: The 12 Month Bleed That Has To Reverse Before $3 Means Anything

XRP is in a textbook downtrend, and it is not close. Price peaked near $3.66 in August 2025 and has printed lower highs every single month since.

The October flush through $2.40 and the February gap down through $1.20 were the two structural breaks that defined the year. Since February, XRP price has coiled between roughly $1.30 and $1.60, then broke lower in June.

That is a descending channel, and continuation is the base case until proven otherwise. Today closed at $1.06696, down 1.70%, with the session high at $1.10181 and the low at $1.05582. Support sits right here at $1.05, then $1.00 psychologically. Resistance is layered at $1.20, then $1.40, then the February shelf at $1.60.

RSI reads roughly 41 with the signal line near 45. The gap is negative, meaning momentum continues to slide below its own average. That is not a bottom, that is a slow drip.

For the Perplexity bull number to live, XRP has to reclaim $1.20 and then take back $1.60. Until then, the $1-$1.50 range is the chart’s actual forecast.

Don’t Miss Out on Our $1,000 USDT Airdrop on ByBit

Discover: The best crypto to diversify your portfolio with

Here is What Perplexity AI Predicts For LiquidChain Near Future, Very Bullish

Sitting at resistance waiting for a breakout is not positioning. It is standing in line.

Bitcoin, Ethereum, and XRP have been pressing against the same ceilings for weeks. The catalyst that unlocks the next leg is perpetually one data print away.

The institutional inflows are perpetually next quarter. Every large-cap trader waiting for a breakout is waiting on a decision that belongs to someone else’s balance sheet.

Early-stage infrastructure plays by completely different rules, Copilot AI predicts. Capital that would vanish as statistical noise at Bitcoin’s scale moves a small undiscovered project by multiples.

The asymmetric return lives in one place only: the gap between what something is genuinely worth and what the market currently thinks it is worth. That gap exists because the project has not been found yet. The moment it gets found, the gap is gone.

Cross-chain fragmentation has been extracting value from DeFi participants since the first bridge went live and nobody has eliminated it. Bitcoin, Ethereum, and Solana were engineered as independent systems with no shared architecture and no intent to interoperate.

Every transaction that crosses those boundaries pays the price of that design in fees, slippage, and execution failures. Bridges were supposed to be the solution. They became the mechanism through which the problem collects its fee.

LiquidChain eliminates the fee entirely. Three networks inside a single execution layer. One deployment reaches all of them. No cross-chain tax on any interaction anywhere.

Perplexity AI flagged it as worth watching. The presale is at $0.01454 with just over $860,000 raised.

Execution is unproven. Adoption is unknown. Established assets offer a predictable ride toward a ceiling that is already fully visible. LiquidChain is an entry point that disappears once the market finds it.

Visit LiquidChain Here.

The post Perplexity AI Predicts XRP Will Hit This XRP Price by End of 2026 appeared first on Cryptonews.

Source link

Source link

Robinhood Chain is clearing more than $800 million in daily decentralized exchange (DEX) volume two weeks after launch, with meme coins doing most of the lifting. Artemis CEO Jon Ma warns that the network’s biggest strength could become its biggest liability.

The layer-2 network runs on Arbitrum, handling trades faster and cheaper than Ethereum itself. It launched July 1 to host tokenized stocks and real-world assets (RWA), yet speculative tokens have dominated early trading.

Meme Coins Drive Robinhood Chain’s Early DEX Volume

DefiLlama recorded roughly $819 million in 24-hour DEX volume on Tuesday and $3.9 billion for the week. That figure measures the value of tokens changing hands on the chain each day. The network briefly passed Ethereum in volume on Monday before slipping back behind it.

Cash Cat (CASHCAT), a token built on Robinhood’s pre-launch internal name, holds a $156 million market cap, per CoinGecko. Thinner plays like Robin Hood (FOX) doubled in a day on a market cap near $2 million.

Ma runs Artemis, an on-chain analytics firm, and invested in Robinhood pre-IPO in 2019. In an open letter to CEO Vlad Tenev, he acknowledged the strong start.

He counted 300,000-plus daily active addresses, $40 million in annualized fees, and $300 million in total value locked (TVL).

Still, he argued memes account for most trading. He pointed to the 2024 meme coin class on Coinbase’s Base network, down 99% from peak by his count. He also recalled 2021, when GameStop mania forced Tenev to testify before Congress.

“But meme coins lose people money and destroy trust…PLEASE Robinhood DO NOT build a meme coin chain,” Ma cautioned.

Follow us on X to get the latest news as it happens

Supporters Bet on Liquidity First, Utility Later

Not everyone agrees. Analyst Miles Deutscher called Robinhood Chain one of the year’s most compelling crypto narratives.

Trader Bark argued the meme wave previews what happens when Robinhood’s retail base arrives onchain. Ma’s own letter puts that base at 27 million funded accounts.

“Tens of millions of people are one app update away from participating in memes for the first time.”

Arbitrum said the network earned over $800,000 in revenue in seven days, annualizing near $42 million. Its expansion program routes 10% of that to the Arbitrum (ARB) ecosystem, and ARB price gained 16% this week.

Ethereum, by contrast, captures almost none of that value, a split analysts already debate.

Coinbase CEO Brian Armstrong backed positive-sum use cases in the debate, calling users and liquidity the strongest moat. Grayscale research similarly found the market now rewards fundamentals over meme speculation.

Whether meme coins prove a gateway or a distraction may become clearer once Robinhood connects its main app to the chain. Until then, the network’s loudest critics and its biggest fans are pointing at the same numbers.

The post Artemis Warns Robinhood Chain’s Biggest Success May Also Be Its Greatest Risk appeared first on BeInCrypto.

Source link

Cardano’s largest holders have been increasing their exposure even as smaller investors reduce theirs, according to Santiment’s latest supply distribution data.

Wallets holding between 100,000 and 100 million ADA now collectively own more than 25.6 billion coins. The figure is the highest balance since February 2023. On the other hand, wallets holding fewer than 100 ADA have reduced their holdings by about 0.7% over the past four months.

Whales See Opportunity

Santiment said this trend comes as ADA faces intense FUD. The crypto asset’s price performance in 2026 fell short of expectations, and it recently traded near multi-year lows. Last week’s upside push toward $0.2 proved futile after ADA quickly pulled back. It slid to $0.15 and was down more than 11% over the past week. Despite that backdrop, major holders have continued accumulating.

The analytics firm pointed to several ongoing developments within the Cardano ecosystem, including work on the Leios testnet, continued Hydra scaling upgrades, progress on Mithril, integration of Pyth oracles, and new ecosystem funding initiatives.

These combined factors – whale and shark accumulation, declining retail participation, and persistently weak sentiment – represent one of the healthier market setups ADA has shown so far this year, although it does not necessarily signal an immediate price reversal.

String of Setbacks

2026 has been challenging for Cardano as the ecosystem has witnessed a series of setbacks. This month, EMURGO announced it was stepping down from the Cardano Pentad, the network’s governance group, to focus its resources on helping users recover from the SecondFi exploit. One community member described the exit as worrying and speculated that the organization may have run out of funds following the SecondFi exploit.

Earlier in the year, analytics platform TapTools shut down, while the planned 2026 Singapore Summit was called off. During the same period, Charles Hoskinson also warned that a “wave of failures” could hit DeFi projects built on the network. The developments came even as the ecosystem continued pushing ahead with technical upgrades behind the scenes.

The post Whales Keep Loading Up on Cardano While Retail Dumps ADA appeared first on CryptoPotato.

Source link

Binance has marked its ninth anniversary by highlighting strong user growth and expanding beyond digital assets into traditional financial products. The exchange now reports 323 million registered users across more than 100 countries, reflecting its growing global presence.

The scale of that user base becomes clearer when placed in the context of global cryptocurrency adoption. According to the firm’s report, its users represent about 43% of the estimated 741 million people worldwide who currently own cryptocurrency. Notably, this compares with a global crypto user population of fewer than six million when Binance launched in July 2017.

User Growth and Trading Activity

Registered users on Binance grew by another 7% during the first half of 2026 despite mixed market conditions. The company also reported a 9% rise in institutional users over the same period, pointing to continued participation from larger market players.

This growth in user activity was accompanied by higher trading volumes. Binance’s cumulative trading volume reached $156 trillion after adding $11.4 trillion during the first six months of the year. That pushed total trading activity 7.8% above the level recorded at the end of 2025.

Expansion Into Traditional Financial Products

The exchange also reported steady activity outside its crypto business through newer financial products. Monthly trading volume for its traditional finance offerings has remained above $80 billion since March, according to the company.

One of the latest additions to that business is direct stock trading, which Binance introduced in June as part of its broader financial services strategy. The product reached $1 billion in assets under management within 30 days and generated more than $3 billion in cumulative trading volume.

The company’s tokenized U.S. equities, known as bStocks, also recorded early growth after launch. Binance said the offering reached $100 million in assets under management within two weeks, while 47% of trading activity occurred outside regular U.S. market hours.

Co-CEOs Yi He and Richard Teng said the company aims to serve both retail users and institutional participants through a wider range of financial products. They added that recent launches, including stocks and tokenized assets, support Binance’s goal of improving access to global markets.

To celebrate the milestone, Binance launched a community campaign called “Built by You,” featuring up to $4.5 million in rewards and an interactive virtual experience. The anniversary comes as regulatory frameworks continue to evolve in major markets and institutional participation in digital assets remains a key industry trend.

The post Binance Marks Ninth Anniversary With 323 Million Users and Expansion Beyond Crypto appeared first on CryptoPotato.

Source link

Retail traders are piling into XRP and ether while both tokens slip, the kind of crowd behavior that more often precedes further downside than a bounce.

XRP drew 3.02 bullish social media comments for every bearish one on Monday, its most positive reading in five weeks, according to Santiment. Ether ran at 2.31 and bitcoin at 1.40, which the firm classified as neutral. Bitcoin and ether both opened higher and faded through the day, so the loudest enthusiasm is landing on the assets that are falling.

Sentiment readings like these are used as contrarian signals, because crowd excitement usually peaks near local tops.

“Crypto typically moves opposite to what the crowd is loudly expecting,” Santiment wrote, adding that heavy bullishness on XRP or ether while prices dip can add short-term downside risk or slow any rebound.

Bitcoin’s flat reading is the healthier one, meanwhile. Retail chasing the smaller tokens while staying neutral on bitcoin is narrow speculation, not broad greed, and rallies have more room when the crowd hasn’t already crowded into the higher-prices trade. XRP traded near $1.09 on Monday, down on the week.

Advertisement

Source link

Source link

The European Central Bank (ECB) has enlisted 36 payment firms to test the digital euro, its answer to the dollar stablecoins spreading through European payments. The central bank named the pilot group on Tuesday, July 14.

Deutsche Bank, UniCredit, and Revolut lead a roster that also includes US-based Stripe and European processors Adyen, SumUp, and Worldline.

A Digital Euro Pilot Built to Counter Dollar Stablecoins

Brussels frames the project as monetary sovereignty. ECB President Christine Lagarde has rejected euro stablecoin proposals, arguing a public digital currency should fill the role instead. The central bank has also warned about deposit risks from expanding private euro tokens.

The mismatch is stark. Dollar-pegged tokens account for nearly all of the $306 billion stablecoin market, per CoinGecko data. Tether (USDT) and USD Coin (USDC) alone hold a combined 84%. Circle’s EURC, the largest euro-pegged token, circulates about $424 million, over 400 times smaller than USDT.

Notably, Tuesday’s announcement avoids naming stablecoins, framing the pilot around testing and user experience. The confrontation reading comes from Lagarde and other officials, who cast the project as protection for Europe’s monetary autonomy. The roster itself carries some irony, with US-based Stripe testing Europe’s independence project.

MiCA has already redrawn the field. Revolut, one of the 36, recently moved to delist USDT in Europe after Tether skipped authorization. The MiCA transition period ended this month, closing the EU market to unlicensed platforms.

What the 36 Firms Will Test From 2027

The pilot begins in the second half of 2027 and runs for 12 months. More than 50 firms applied for the 36 slots. According to the pilot framework, participants will test a beta digital euro in person-to-person, in-store, and e-commerce payments.

The exercise spans the ECB and 19 euro-area central banks. The beta currency will mirror the final product technically but will carry no legal tender status.

“Staff at participating central banks will have the opportunity to make beta digital euro payments from person to person (both online and offline) and from person to business (both at the physical point of sale, including Software Point of Sale, and via e-commerce, including mobile payments),” The ECB confirmed this in its Tuesday statement.

Follow us on X to get the latest news as it happens

The politics moved first. Parliament approved final negotiations in a 416-169 vote on July 9, and talks with member states and the Commission opened Monday.

Negotiators led by Spanish MEP Fernando Navarrete aim to finish the law this year. That would keep potential issuance on track for 2029.

For consumers, nothing changes before 2027. If the project reaches issuance, Europeans would hold central bank money in digital form, spendable in shops and online like cash.

After five years of study, the pilot will show whether public digital money can match the convenience that made dollar stablecoins the default.

Critics still argue the EU’s digital euro plan could hand advantages to US firms. The 169 votes against suggest the fight is not over.

Subscribe to our YouTube channel to watch leaders and journalists provide expert insights.

The post ECB Picks Revolut, Stripe, and 34 Others to Test the Digital Euro appeared first on BeInCrypto.

Source link

Source link