Acum 1 h
XRP Pullback After $1.60 Rejection: 3 Factors Analysts Say Must Shift
After failing to break short-term resistance at $1.60 last week, XRP fell about 8% and moved back into the $1.35–$1.40 range. Analyst Sam Daodu points to persistent Bitcoin dominance, ongoing whale profit-taking since the $3.65 July 2025 peak, and holders' cost bases clustering near $1.44 as key reasons rallies fade. He also argues ETF inflows and regulatory developments could matter, but current demand may be too small to absorb supply.
XRP
XRP-1.32%
Acum 1 h
Acum 10 h
Digital Asset PARITY Act draft draws fire for excluding Bitcoin from tax relief
US lawmakers unveiled a draft Digital Asset PARITY Act on Friday that would adjust tax rules for digital assets but drew criticism for leaving Bitcoin (BTC) outside key relief. The proposal would exempt certain stablecoin payments under $200 from gain/loss recognition if the token stays within 1% of its dollar peg, and it would let some proof-of-stake participants defer taxes on staking rewards. The Bitcoin Policy Institute urged lawmakers to extend similar treatment to miners and other block-reward recipients.
BTC
BTC-2.95%
Acum 10 h
3-25
Circle (CRCL) Drops 22% to $98 as Senate CLARITY Act Draft Targets Stablecoin Yield
Circle Internet Financial shares (CRCL) fell 22% on Tuesday to $98 after reports said a revised Senate Banking Committee draft of the CLARITY Act would restrict stablecoin-related rewards. The text would bar platforms from offering yield "directly or indirectly" for holding stablecoins or assets treated like bank deposits, potentially affecting business models tied to interest on reserves.
USDC
USDC+0.02%
3-25