XRP is a digital currency and the native token of the Ripple network, a blockchain-based payment protocol designed to facilitate fast, low-cost cross-border transactions. Created by Ripple Labs in 2012, XRP serves as a bridge currency in the Ripple network, allowing for the seamless exchange of different fiat currencies and cryptocurrencies. Unlike many other cryptocurrencies, XRP does not rely on traditional blockchain consensus mechanisms like Proof of Work or Proof of Stake. Instead, it utilizes a unique consensus protocol called the Ripple Protocol Consensus Algorithm (RPCA) to validate transactions, making it faster and more energy-efficient. One of XRP's primary use cases is facilitating international money transfers and remittances, enabling financial institutions and payment providers to settle transactions quickly and at a lower cost compared to traditional banking systems. Ripple aims to revolutionize the global payments industry by offering greater efficiency, transparency, and liquidity through its network and XRP token. Despite its utility and adoption by numerous financial institutions, XRP has faced regulatory challenges in some jurisdictions due to its association with Ripple Labs and concerns about its classification as a security. Nonetheless, XRP remains one of the largest cryptocurrencies by market capitalization and continues to play a significant role in the digital payments ecosystem.
The CLARITY Act failed to advance in the Senate, leaving XRP (CRYPTO:XRP) without the broader federal crypto framework many investors expected. Now, the SEC and CFTC say they can move ahead with new crypto rules using authority they already have. …
By Sam Daodu
· 6:55pm ET Goldman Sachs told clients on the morning of September 15, 2026, that it expected the Federal Reserve to raise rates the next day but did not expect another hike to be its…
Sam Daodu The CLARITY Act needed 60 votes to advance in the Senate on Tuesday and got 50. A day later, the two regulators who’d been waiting on that bill said they’re done waiting. …
Sam Daodu Tom Lee went on television September 15 and called one of the biggest rallies of our lifetime for the final stretch of 2026. Less than 24 hours later, the Federal Reserve raised…
On September 15, the U.S. Senate blocked the cloture motion to advance the CLARITY Act bill, failing by 49-50 votes. In the hours and days that followed, some of the industry’s biggest names, including…
Solana (CRYPTO:SOL) trades near $97 on September 16 after falling 5.45% in the previous session to close at $96.93. Its 20-day EMA is around $97.70, putting SOL near a key short-term trend level. The…
XRP (CRYPTO: XRP) is trading at $1.26, down roughly 11% over the past week after falling from a $1.42 high on September 15. The coin’s market cap has dropped 8.25% to $79.75 billion, while…
Bitcoin (CRYPTO:BTC) fell to around $75,800 on September 16 after losing roughly 1.5%, but the bigger move was elsewhere in crypto. XRP (CRYPTO:XRP) fell nearly 8%, compared with declines of about 3% for Ethereum…
XRP (CRYPTO:XRP) trades at $1.28 today, 15 days before Q4 begins on October 1. The token has already moved sharply this year, climbing from $1.84 to $2.03 before falling to $0.99. That history shows…
XRP (CRYPTO:XRP) has fallen 9.4% in today’s session, more than three times Ethereum’s (CRYPTO:ETH) 2.9% decline, as traders prepare for a possible 25-basis-point Fed rate hike this afternoon. Both tokens have been under pressure…
XRP (CRYPTO:XRP) is currently trading at $1.28, down 9.4% in the past 24 hours and marking the worst performance among major cryptocurrencies. On September 15, the Senate voted at 2:15 p.m. ET on whether…
On Monday, XRP (CRYPTO:XRP) surged 9.8% to $1.49, while Ripple CEO Brad Garlinghouse told the Senate that “the world was watching.” However, two days later, the Senate failed to open debate on the CLARITY…
