๐จUPDATE: CFTC OFFICIALLY Sends CRYPTO MARKET RULES to the White House for Review โ Just DAYS After Clarity FAILED ๐คฏ๐บ๐ธ๐ฅ
The @CFTC has formally sent a new regulatory action called โRegulation Crypto Asset Transactions and Regulation Crypto Asset Marketsโ into White House review. ๐
๐ The CFTC has prepared a crypto regulatory action
๐ It covers crypto transactions + crypto markets
๐ The White House regulatory office is reviewing it now
๐ After this process moves forward, we could finally see the actual proposal + details ๐ฅ
We DONโT know whatโs inside yet.
โ ๏ธ The filing is still at the PRERULE stage.
๐จNEW: The @CFTC has submitted its crypto rulemaking to the White House for review.
The proposed rule is titled โRegulation Crypto Asset Transactions and Regulation Crypto Asset Markets.โ
It comes just two days after @ChairmanSelig said the agency was โlocked in and ready to ship rulesโ following the Senateโs failure to advance crypto market structure legislation.
๐จUPDATE: CFTC OFFICIALLY Sends CRYPTO MARKET RULES to the White House for Review โ Just DAYS After Clarity FAILED ๐คฏ๐บ๐ธ๐ฅ
The @CFTC has formally sent a new regulatory action called โRegulation Crypto Asset Transactions and Regulation Crypto Asset Marketsโ into White House review. ๐
๐ The CFTC has prepared a crypto regulatory action
๐ It covers crypto transactions + crypto markets
๐ The White House regulatory office is reviewing it now
๐ After this process moves forward, we could finally see the actual proposal + details ๐ฅ
We DONโT know whatโs inside yet.
โ ๏ธ The filing is still at the PRERULE stage.
๐จ SAUDI ARABIA ๐ค RIPPLE? Saudi Arabia EXITS a SWIFT-Alternative Blockchain Project While Riyad Bank Is Working With RIPPLE ๐คฏ๐ธ๐ฆ๐ฅ
Saudi Arabia is OFFICIALLY OUT from mBridge โ the multi-CBDC project built to LET central banks settle directly using CBDCs and reduce reliance on traditional dollar-based rails like SWIFT. ๐ณ
Okay, now CONNECT THE DOTS. ๐
๐ Saudi Arabiaโs central bank has ALREADY previously tested @Ripple technology
๐ Saudi banks have USED @Ripple for CROSS-BORDER PAYMENTS
๐ And in 2026, Jeel โ the innovation arm of Riyad Bank โ partnered with @Ripple to explore cross-border payment corridors + digital asset custody + TOKENIZATION. ๐ฅ
SAUDI ARABIA ๐ค RIPPLE ๐ค $XRP ๐ค $RLUSD
JUST IN: ๐ธ๐ฆ๐จ๐ณ Saudi Arabia withdraws from China's blockchain payment system designed to reduce reliance on the US dollar and SWIFT.
โข Saudi Arabia withdrew from mBridge, China's blockchain-based cross-border payment project.
โข mBridge enables faster, cheaper central-bank payments using digital currencies.
The system seeks to reduce reliance on the US dollar and SWIFT.
โข China, Hong Kong, UAE and Thailand remain involved, and the project is continuing.
๐จNEW: Ex-Treasury Official REVEALS Pro-Clarity Democrats Still Voted NO Once the Bill Was FAILING Because of POLITICAL PRESSURE On Them ๐คฏ๐บ๐ธ
Some Democrats had spent months WORKING on the bill and trying to negotiate a deal
but once it became clear Clarity DIDN'T have the 60 votes needed to advance, THEY GOT SCARED AND STEPPED BACK. ๐
Former Treasury digital-assets official Tyler Williams pointed to โCAUCUS DYNAMICSโ when explaining the vote.
Basically ๐
๐ The bill was already going to FAIL
๐ Voting YES meant breaking with the Democratic caucus anyway
๐ Galaxy says some negotiators had already pursued compromise at โpolitical costโ
๐ In the end, EVERY Democrat who voted chose NO ๐บ๐ธ
If they voted YES and the bill STILL FAILED, other Democrats would have PRESSURED THEM later... ๐ซฃ
LATEST: ๐บ๐ธ Ex-Treasury digital assets counselor Tyler Williams told Galaxy that pro-CLARITY Democrats voted no once its passage was clearly out of reach because voting yes could have carried a political cost.
๐จMASSIVE: AI AGENT Transactions on the $XRP LEDGER Officially PASS 6 MILLION ๐คฏ๐ค๐ฅ
AI Commerce Is Projected to Reach $2โ5 TRILLION by 2030... ๐คซ
๐จUPDATE: $XRP JUST EXPLODED +8.6% ABOVE $1.40 โ $1.50 โ $1.70 NEXT?! ๐คฏ๐ฅ
After dipping into the $1.30โ$1.32 area, buyers stepped in HARD and $XRP ripped straight back above $1.40. More importantly, price has now RECLAIMED the short-term moving averages that were acting as resistance. ๐
๐ 4H RSI surged to ~66
๐ RSI is well above its signal line near 46
๐ $1.35 has been reclaimed
๐ The $1.30โ$1.32 zone remains the key breakout support underneath
๐ฏ $1.45โ$1.50 โ immediate resistance
๐ฏ $1.55 โ next breakout area
๐ฅ $1.70 โ MAJOR resistance / previous high
โ ๏ธ But if $XRP gets REJECTED here, Iโm watching $1.35 first, then $1.30โ$1.32 as the zone bulls absolutely want to defend.
๐จ $XRP IS PRESSING $1.44 โ BREAKOUT COULD SEND IT STRAIGHT TOWARD $1.70! ๐๐ฅ
$XRP has bounced from $1.30 โ $1.43 and is now pressing right against the $1.44โ$1.50 resistance zone. ๐
๐ Price reclaimed its key moving averages
๐ RSI jumped to ~65 and remains above its signal line
๐ $1.33โ$1.30 is now the major support zone below
๐ฏ BREAK $1.44โ$1.50 โ $1.70 comes into play.
๐ If $XRP gets REJECTED, Iโm watching $1.33โ$1.30 for buyers to step back in.
$1.44โ$1.50 โ breakout zone
$1.70 โ major resistance
$1.33โ$1.30 โ key support
๐จUPDATE: $XRP JUST EXPLODED +8.6% ABOVE $1.40 โ $1.50 โ $1.70 NEXT?! ๐คฏ๐ฅ
After dipping into the $1.30โ$1.32 area, buyers stepped in HARD and $XRP ripped straight back above $1.40. More importantly, price has now RECLAIMED the short-term moving averages that were acting as resistance. ๐
๐ 4H RSI surged to ~66
๐ RSI is well above its signal line near 46
๐ $1.35 has been reclaimed
๐ The $1.30โ$1.32 zone remains the key breakout support underneath
๐ฏ $1.45โ$1.50 โ immediate resistance
๐ฏ $1.55 โ next breakout area
๐ฅ $1.70 โ MAJOR resistance / previous high
โ ๏ธ But if $XRP gets REJECTED here, Iโm watching $1.35 first, then $1.30โ$1.32 as the zone bulls absolutely want to defend.
So basically, Lummis is saying IF @Ripple had disclosure requirements under Clarity Act and BROKE those rules, exchanges like @Coinbase could be REQUIRED to DELIST $XRP. ๐จ
Yet NONE of the Democrats voted YES...
Democrats wanted exchanges to be forced to delist any digital asset whose issuer breaks disclosure rules. The Clarity Act requires it.
Senate Democrats still voted no.
H.Y.P.O.C.R.I.S.Y.
Trying to look good in people's eyes, hiding her MILLIONS of net worth by working a senator with ONLY hundreds of thousands SALARY...
CLOWN BOUGHT BY THE BANKS
๐จ MASSIVE: Evernorth Just Secured $30 MILLION โ SEC Filing Says the Money Will Help BUY $XRP ๐คฏ๐ฅ
@evernorthxrp has secured $30 MILLION in fresh financing, with South Koreaโs NH Investment & Securities involved ๐ณ
and the official @SECGov filing says the proceeds are expected to support $XRP ACQUISITION + other $XRP ecosystem activities. ๐๐ฅ
๐ $30M of new institutional capital
๐ XRP purchases specifically named in the use of proceeds
๐ Evernorth is working toward completing its SPAC combination
๐ The combined XRP-focused treasury company is expected to trade on Nasdaq under $XRPN ๐คฏ
LATEST: XRP treasury company @evernorthxrp raises $30M via convertible notes from South Korean institutional investor NH Investment & Securities, contingent on its SPAC merger closing, with proceeds earmarked for $XRP acquisition ahead of its Nasdaq listing under $XRPN.
๐จMASSIVE: SEC Will Let Qualifying Platforms Trade REAL U.S. STOCKS ON-CHAIN Without Registering as Traditional Exchanges ๐คฏ๐บ๐ธ๐ฅ
@SECGov is basically giving companies a 5-year window to build and test REAL U.S. stock markets ON-CHAIN without forcing every part of that new system into the OLD regulatory structure from day one. ๐
๐ A qualifying platform trading tokenized stocks can get temporary relief from having to register as a traditional SECURITIES EXCHANGE
๐ Certain companies providing liquidity can get temporary relief from being treated as traditional DEALERS
๐ These canโt just be random tokens tracking Apple, Tesla, etc. โ the tokenized stock has to give investors the SAME rights as the actual underlying stock ๐ฅ
๐ And the company behind the original stock gets notified and can OPT OUT
โ ๏ธ @SECPaulSAtkins specifically said this lasts 5 YEARS so the market can develop while the SEC figures out the longer-term framework.
THIS is how traditional finance actually starts moving ON-CHAIN. ๐บ๐ธ๐ฅ
For too long, regulatory uncertainty has prevented responsible, yet critical innovation from taking root in the United States.
It has been a priority of my chairmanship to reverse this trend.
Though temporary, the Innovation Exemption is a principled, structured grant of relief designed to resolve genuine legal uncertainty, while providing investor protections and upholding market integrity standards.
Through this order and a number of ongoing initiatives, we will ensure that America remains the worldโs premier destination to build the next generation of financial infrastructure.
๐จUPDATE: $XRP JUST EXPLODED +8.6% ABOVE $1.40 โ $1.50 โ $1.70 NEXT?! ๐คฏ๐ฅ
After dipping into the $1.30โ$1.32 area, buyers stepped in HARD and $XRP ripped straight back above $1.40. More importantly, price has now RECLAIMED the short-term moving averages that were acting as resistance. ๐
๐ 4H RSI surged to ~66
๐ RSI is well above its signal line near 46
๐ $1.35 has been reclaimed
๐ The $1.30โ$1.32 zone remains the key breakout support underneath
๐ฏ $1.45โ$1.50 โ immediate resistance
๐ฏ $1.55 โ next breakout area
๐ฅ $1.70 โ MAJOR resistance / previous high
โ ๏ธ But if $XRP gets REJECTED here, Iโm watching $1.35 first, then $1.30โ$1.32 as the zone bulls absolutely want to defend.
๐จ $XRP JUST LOST $1.34 โ IS $1.10 โ $1.00 NOW NEXT? ๐๐
$XRP lost the $1.34 support and quickly flushed toward $1.26. More importantly, the previous bullish structure toward $1.70โ$1.78 has weakened significantly.
๐ $1.24โ$1.26 = first level bulls need to defend
๐ LOSE that and $1.14โ$1.10 becomes the next major target
๐ BELOW $1.10, the psychological $1.00 area comes directly into focus
One thing though: the 1H RSI has already crashed near 21. Thatโs extremely oversold, so I would NOT be surprised to see $XRP suddenly bounce before another move lower. ๐ณ
That bounce alone wouldnโt make me bullish again.
For me, $1.34 is now the level $XRP needs to reclaim to show this breakdown was a FAKEOUT.
Until then, Iโm watching $1.26 โ $1.10 โ $1.00 much more closely than $1.70. ๐
JPMorgan Says SEC Rules Cannot Give Crypto The CLARITY Actโs Protection
JPMorgan says SEC rules could provide crypto with clearer regulatory guidance.
However, the bank says agency rules are less durable than congressional legislation.
The warning followed the Senateโs 49-50 vote against advancing the CLARITY Act.
JPMorgan said SEC rules could be changed or challenged in court. This makes their long-term durability weaker than legislation passed by Congress.
The SEC now faces greater attention as it considers further crypto rules.