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XRP Price Surges as Ripple CEO Takes Role Influencing Crypto Regulation

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XRP Price Surges as Ripple CEO Takes Role Influencing Crypto Regulation

XRP price just caught a serious bid. The token jumped more than 8% in 24 hours after news broke that Ripple CEO Brad Garlinghouse secured a seat on the CFTC Innovation Advisory Committee.

Traders are clearly betting that having Ripple closer to regulators could shift the narrative around XRP.

Key Takeaways

  • XRP rallied 8.09% to trade near $1.53 on news of the Ripple CEO’s federal appointment.
  • The CFTC tapped Garlinghouse and other crypto leaders to advise on digital asset frameworks.
  • Institutional flows are rising, with Goldman Sachs revealing a $152 million crypto ETF position.

Garlinghouse Joins Expanded CFTC Committee

This is a pretty big shift from Washington. The CFTC just expanded its Innovation Advisory Committee to 35 members, and Brad Garlinghouse is now officially part of it. Chairman Michael S. Selig says the goal is to future proof U.S. markets by working closer with the industry instead of fighting it.

It is important to keep this in perspective. The CFTC mainly regulates derivatives markets, not spot crypto securities. XRP past legal fight was with the SEC, not the CFTC.

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Source: CFTC

And Garlinghouse is not alone. The lineup includes Coinbase CEO Brian Armstrong, leaders from Chainlink, Solana Labs, and Uniswap, plus names from traditional finance like CME Group and Nasdaq. That is a serious mix of crypto and Wall Street in one room.

The focus areas matter too. Tokenization. Perpetual contracts. Blockchain market structure. All directly tied to how XRP fits into the bigger picture.

For XRP holders, this feels symbolic. Ripple went from battling regulators to sitting at the policy table. And with lawmakers pushing for clearer crypto rules, this could mark a new chapter in how the industry and Washington interact.

XRP Price Bulls Eye $1.54 Breakout

The market reacted fast. XRP is trading around $1.57609, up 10% on the day after bouncing from a low near $1.40731. That move pushed price cleanly out of its mid $1.40 consolidation range, backed by stronger volume and widening Bollinger Bands.

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Source: XRPUSD / TradingView

Bulls are now testing the $1.60 session high. Short term moving averages are stacking underneath price around $1.47 and $1.48, creating a stair step style support zone. That gives the rally some structure.

On the fundamental side, momentum is building too. Binance recently completed RLUSD integration on the XRP Ledger, a development many analysts see as a potential catalyst for a much larger move if momentum continues.

Institutional Interest Deepens

Beyond the CFTC news, bigger money is quietly getting into position for what could be a more crypto friendly 2026.

Recent filings show Goldman Sachs holds around $152 million in crypto ETFs, a clear sign that Wall Street is not stepping away from digital assets.

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Source: Cryptonews

Garlinghouse has also doubled down on his vision, calling XRP the “North Star” of Ripple strategy and pointing to 2026 as a pivotal year.

While the U.S. tone appears to be softening, the global picture is still mixed. Dutch lawmakers, for example, are pushing a 36% capital gains tax on crypto, showing how fragmented regulation remains worldwide.

Broader market conditions also matter. XRP remains highly correlated with Bitcoin and overall crypto risk sentiment, meaning macro catalysts, including rate expectations and ETF flows, could amplify or cap this breakout attempt.

With price now pressing against the $1.60 resistance zone, the next move could set the tone for where momentum heads from here.

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Crypto World

Bitcoin Could Hit $1M if it Tracks Gold

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Bitcoin Could Hit $1M if it Tracks Gold

Bitcoin needs to make up just one-sixth of the global “store of value” market, currently dominated by gold, to reach $1 million per coin, argues Bitwise chief investment officer Matt Hougan.

In a blog post on Tuesday, Hougan said that most dismiss the lofty forecast for Bitcoin, as it would require Bitcoin to muscle into 50% of gold’s current market value.

However, Hougan said the “mistake” most people are making is ignoring the growth of gold and the broader “store of value” market.

Gold’s market cap has grown at around 13% annually since 2004, from $2.5 trillion to around $38 trillion, driven by “rising concerns about government debt, geopolitical uncertainty, easy monetary policy, and other factors.”

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“If this growth rate continues, the global ‘store of value’ market will be [around] $121 trillion in 10 years. At that level, Bitcoin only needs to take 17% of the market to be worth $1 million a coin.”

Gold market cap from 2004 to the present. Source: Bitwise Asset Management

Related: Bitcoin undervalued relative to gold signals potential rally: Analyst

Hougan cited the growth of institutional investment, such as exchange-traded funds, sovereign wealth funds, and increasing portfolio allocations as potential catalysts.

“There are still miles to go, but with these undercurrents, capturing one-sixth of the store-of-value market in 10 years doesn’t seem extreme,” he said, adding:

“As I see it, the base case — that the store-of-value market will continue to grow as it has, and Bitcoin will continue to gain market share as it has — leads you to much, much higher prices than we have today.”

Bitcoin and gold divergence deepens

Hougan’s million-dollar Bitcoin (BTC) thesis depends on the asset continuing to converge with gold; however, the last several months have shown that Bitcoin hasn’t been moving in lockstep with gold.

The price of gold hit an all-time high of $5,327 per ounce in late January, and it is just 2.2% away from that today, whereas Bitcoin is currently trading down 44% from its October peak.

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Billionaire investor Ray Dalio cautioned against Bitcoin as a long-term store-of-value and safe-haven asset in early March, stating that gold was much better.

He argued that central banks are not buying BTC, which he said behaves more like a tech stock.

Greg Cipolaro, global head of research at NYDIG, said on March 6 that it appears Bitcoin is “not currently being priced as a macro hedge, a sovereign risk hedge, or a real-rate or inflation trade.”

“That dynamic helps explain the ongoing frustration around Bitcoin’s failure to ‘act like gold’ despite the digital gold label.”

Bitcoin and gold markets have been diverging since the October crypto market crash. Source: Google Finance

Magazine: China’s ‘50x’ blockchain boost, Alibaba-linked AI mines Bitcoin: Asia Express